First Washington Realty Buys 2 Washington-Area Centers for $15 Mln
November 19, 1999 BETHESDA, Md. – First Washington Realty Trust Inc. (NYSE:FRW) paid $15.1 million for two Washington-area shopping centers with a total of 169,000-square-feet.The properties are:* Saratoga Shopping Center, with 102,000 sf in Springfield, Va. The property is...
Mid-Atlantic Regional Digest
November 19, 1999 Bristol Twp. told tax plan threatens Estee Lauder dealPhiladelphia Inquirer, November 19BRISTOL TOWNSHIP, Pa. – A proposed tax on all new nonresidential buildings in the township could threaten the sale and development of a 95-acre tract...
Lending to REITs Drops, Says Loan Pricing Corp.
November 19, 1999NEW YORK – Corporate loans to REITs totaled only $15.5 billion during the first nine months of the year – down sharply from the same period last year, when loans to REITs amounted to $43 billion, according...
West Regional Digest
November 19, 1999Regal Biltmore Hotel to Change OwnershipLOS ANGELES – London-based Millennium & Copthorne has agreed to buy the Regal Biltmore Hotel in downtown, along with 28 other U.S. hotels from Regal Hotels International Holdings Ltd. The 683-room Biltmore...
CDC to Securitize $570 Mln of Floaters, Commercial Mortgage Alert Says
November 19, 1999 CDC Capital is planning to securitize $570 million of floating-rate mortgages through underwriter Lehman Brothers, according to Commercial Mortgage Alert.The deal will be backed by 11 short-term loans. It will be co-managed by Bear Stearns.CDC, which...
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