January 27, 2000Click here to read yesterday's story on this transaction in the IPGDirect.com archives.Click here for the Fitch IBCA Pre-Sale Report.Click here for the Moody's Pre-Sale Report.Heller Financial Commercial Mortgage Asset Corp., 2000-PH1ClassAmount($mln)Sub. Level(%)RatingFitchRatingMoody'sAvg.LifePriceTalk(BP)BnchMarkA-117126.5AAAAaa5.7+92-95Treas.A-2532.326.5AAAAaa9.5+109-112Treas.B43.122AAAa29.8123 areaTreas.C47.817AA29.8137 areaTreas.D11.915.75A-A39.9149 areaTreas.E*35.912BBBBaa29.9180 areaTreas.F*14.410.5BBB-Baa39.9250...

January 27, 2000 Saks closes store in mallHouston Chronicle, January 27HOUSTON – Saks Fifth Avenue has closed its store in the beleaguered Town & Country Mall, adding more empty space to the west Houston shopping center. Houston-based American General...

January 27, 2000 Bear Stearns Commercial Mortgage Securities, 2000-WF1ClassAmount($mln)Sub. Level(%)RatingDuff & PhelpsRatingFitchAvg.LifePricing (BP)BnchMarkA-1260.119.5AAAAAA5+90Treas.A-245519.5AAAAAA10+106Treas.B31.116AAAA10+118Treas.C35.512AA10+130Treas.D8.911A-A-10+140Treas.E26.68BBBBBB10+165Treas.F8.97BBB-BBB-10+230Treas.X*888.3N/AAAAAAA--N/ATreas.* Interest only.

January 27, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $51.6 mln$43.6 mln $196.1 mln $153 mln FFO/shr (diluted) $0.74 $0.68 $2.89 $2.50 Extra Gain (Loss) -- ($9 mln) -- ($5.5 mln) Net Income $34.4 mln $18.2 mln $113.9 mln $93.1...

January 27, 2000 SACRAMENTO, Calif. – Cornerstone Properties (NYSE:CPP) has acquired the Wells Fargo Center in Sacramento, Calif., for $130 million, or nearly $260/sf.The 502,000-square-foot office building was purchased from a partnership controlled by Wells Fargo Bank. The 32-story...