Valuation: Between $100 million and $150 million

June 22, 2001 Commercial Real Estate Direct Staff ReportRed Mortgage Capital has provided a total of $125 million of financing under Fannie Mae's delegated underwriter and servicer program, to a Portland, Ore., multifamily developer.Although the Columbus, Ohio, lender did not ...

June 21, 2001 A development team led by RFR Holdings has put up for sale the Wellington Tower, an upscale rental apartment building in Manhattan's upper East Side, according to the New York Post.The newspaper said the fully leased, 151-unit ...

Banc of America Securities has renewed its relationship with CNL Commercial Funding for the securitization, which should come to market next week. The triple-A portion will contain $90 million of notes.

June 18, 2001 NEWTOWN, Mass. – Hospitality Properties Trust (NYSE:HPT) has purchased four hotels from Marriott International Inc. (NYSE:MAR) for $101.5 million.The properties consist of: a 356-key resort hotel, Kauai, Hawaii; a 295-unit Courtyard by Marriott in California; and a ...

Three former Integrated Resources partnerships that are now controlled by Northstar Capital are weighing the possibility of leveraging their portfolios and becoming active investors. The entities have about $125 million in cash.

June 8, 2001 NEW YORK – SL Green Realty Corp. (NYSE:SLG) has closed on its $105.6 million purchase of 317 Madison Ave. in Manhattan. The REIT bought the 22-story office tower at the northeast corner of Madison Avenue and 42nd ...

Grubb & Ellis has been hired to market a portfolio of five properties that are occupied by various federal agencies under long-term leases. The portfolio is expected to sell for more than $100 million.

June 6, 2001 CHICAGO - AMLI Residential Properties Trust (NYSE:AML) has closed on a $140 million mortgage financing for seven of its stabilized communities.The interest rate on the 10-year loan is 6.56 percent. Freddie Mac provided the financing through GMAC ...

June 1, 2001 Crestline Capital Corp. (NYSE:CLJ) has agreed to sell its portfolio of 10 Residence Inn hotels, in a deal valued at $119 million.Apple Hospitality Two Inc., a REIT based in Richmond, Va., has agreed to buy the hotels, ...

May 31, 2001 NEWPORT BEACH, Calif. - Nationwide Health Properties Inc. (NYSE:NHP) and an institutional investor have formed a joint venture that will invest least $130 million in the long-term care field.Nationwide will manage the joint venture, which will consist ...