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January 31, 2001 Dynex Capital Inc. (NYSE:DX) "has no proper basis" for terminating a merger agreement, California Investment Fund LLC said in documents this week.In a letter sent Monday to Dynex's board and filed with the SEC yesterday, CIF principal...
January 31, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $34.6$31.3 $114.5 $113.9 FFO/shr $1.08 $0.94 $3.51 $3.24 Net Income (Mln) $17.0 $14.8 $49.6 $55.8 Net/shr$0.69 $0.54 $1.82 $1.83 Revenue (Mln)$83.5 $75.1 $302.3$282.6Shares Outstanding (Mln)20.7 22.4 21.2 24.5
January 31, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterAEW Capital Management of Boston has named five executives as principals of the company and promoted six others to vice president.The new principals are Linda Magee, who also serves...
January 31, 2001 HORSHAM, Pa. – GMAC Commercial Mortgage Co. closed 77 basic Federal Housing Administration loans totaling $440 million during the federal Housing and Urban Development's fiscal year 2000.The 77 loans, which consisted of 10,544 units, closed before Sept....
January 31, 2001 PARSIPPANY, N.J. – Prudential Real Estate Investors and Erwin L. Greenberg & Associates of Baltimore have formed a $250 million joint venture to develop, redevelop and buy neighborhood and community shopping centers in the Mid-Atlantic region.The partnership's...
January 31, 2001 AHOSKIE, N.C. – Developers Diversified Realty Corp. (NYSE:DDR) has sold the Ahoskie Commons Shopping Center for $8.3 million to a private investor.The retail center consists of 193,457 square feet.
January 31, 2001CHICAGO – Leonard G. Levine, suspended president of Banyan Strategic Realty Trust (Nasdaq:BSRTS), has filed two court actions against the REIT to keep it from liquidating to Denholtz Management Corp.He is suing the REIT's executives on behalf of...
January 31, 2001 By Brad Berton, Commercial Real Estate Direct Contributing WriterRREEF Funds has acquired the 176-unit Reserve at Lenox Park Apartments within the Lenox Park development in Atlanta's high-rent Buckhead district.RREEF wouldn't disclose the investor client or price paid...
January 31, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $1.3$2.8 $4.7 $10.2 FFO/shr (diluted) $0.32 $0.48 $1.23 $1.82 Net Income (Mln) $(0.6)$1.4$(0.8) $4.6 Net/shr$(0.11) $0.26$0.16 $0.90 Revenue (Mln)$10.4 $11.0 $45.0$44.9 Shares Outstanding (Mln)5.2 5.2 5.2 5.2
January 31, 2001 4th-Qtr 004th-Qtr 9912-mos 0012-mos 99FFO (Mln) $1.7$1.4 $6.2 $5.4 FFO/shr $0.24 $0.19 $0.85 $0.73 Net Income (Mln) $319.0 $(36.0)$2,832.0$716.0 Net/shr$0.07 $(0.01) $0.58 $0.15 Revenue (Mln)$5.1 $4.9 $20.2$19.4 Shares Outstanding (Mln)7.3 7.4 7.4 7.4
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