Capital Markets

MIAMI-The three properties were the 45,600-sf Lake Worth Commerce Center in Lake Worth, a 34,395-sf light industrial property here and a 45,000-sf Home Depot in Naples. The financing was secured by Cohen Financial.

LONDON-Chelsfield chairman Elliott Bernerd said this morning he hoped to make an MBO bid for the company by the middle of next month.

DIAMONDHEAD, MS-Through its wholly owned subsidiary Casino World Inc., Diamondhead Casino Corp. of Madeira Beach, FL intends to develop a destination casino resort at its 404-acre site on the Bay of St. Louis in Diamondhead.

LAFAYETTE, CA-The Lafayette-based purveyor of tenancy-in-common transactions is expecting its exponential growth during the first half of 2003 to continue, with projected year-end results in excess of 250 completed transactions and real estate value approaching $500 million.

NEWPORT BEACH, CA-Frederick J. Stemmler of Hopkins Real Estate Group is named division alliance co-chair for 2003-04 by the International Council of Shopping Centers. He gets the Western US as his territory.

MIAMI-The facilities include a $712.3 million, five-year revolving credit facility to mature in May 2008, and a $315.2 million, 364-day revolving credit facility to mature next May.