Auto News Digest.(Briefs)(Chase Automotive Finance Div. opens new business center)(DRA Advisors Inc. buys Capital Automotive REIT)(contract of RouteOne L.L.C. and Chase Automotive Finance Div.)(Brief Article)

Automotive News, October, 2005

Chase opens finance center

BALTIMORE - Chase Auto Finance opened a business center in Towson, Md., this month to work with auto dealers who handle subprime vehicle loans.

Chase, of Garden City, N.Y., offers retail, lease and balloon loan programs for vehicle buyers and commercial lending products and services for dealerships.

Firm to buy Capital Automotive

McLEAN, Va. - Clients of DRA Advisors LLC, a New York investment advisory firm, are buying Capital Automotive REIT, a provider of vehicle financing. DRA's key clients are pension and university endowment funds.

The deal is valued at about $3.4 billion. It is expected to close late this year or in early 2006.

Capital Automotive REIT, of McLean, Va., buys...

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