February 4, 2000Warehouse developer likes Hartsfield's cargo potentialAtlanta Journal-Constitution, February 4ATLANTA – Seefried Properties is so confident that Hartsfield International Airport will become one of the nation's top air cargo centers in the next five years that it...
February 4, 2000Credit Suisse First Boston is finalizing the revamping of its real estate operation.The revamping has prompted yet another senior real estate executive, William Adamski, who is the group's chief investment officer, to resign.The investment bank, which...
February 4, 2000By Paul Gereffi, IPGDirect.com CorrespondentThe Root Organization is offering four acres for sale at its Pines PCD Development in Port Orange, Fla. The land is located across the street from a Wal-Mart store along Clyde Morris...
February 4, 2000 (NewsTraders.com) -- Burnham Pacific Properties Inc. (BPP), facing the ire of two of its largest shareholders, stated Thursday afternoon in a regulatory filing that it continues to encourage Schottenstein Stores Corp. -- one of the...
February 4, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $27.4 mln$17.9 mln $89.1 mln $56.3 mln FFO/shr (diluted) $0.74 $0.66 $2.78 $2.45 Net Income $7.9 mln $5.4 mln $25.1 mln $18.7 mln Net/shr$0.41 $0.31 $1.34 $1.33 Revenue$70.9 mln $47...
February 4, 2000Capstead Mortgage Corp. (NYSE: CMO) has filed a Form 8-K (Current Report) with the SEC.
February 4, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $41.3 mln$17.6 mln $141 mln $67.1 mln FFO/shr (diluted) $0.67 $0.58 $2.45 $2.25 Net Income $25.9 mln $10.2 mln $87.6 mln $50.6 mln Net/shr$0.44 $0.34 $1.61 $1.75
February 4, 2000CORAL GABLES, Fla. – Pyramid Realty Group, a Florida real estate consulting firm, is getting into the loan-sales business.The company was launched three years ago by Paul L. Jones, a former executive with Secured Capital Corp....
February 4, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $8.5 mln$7.8 mln $32.2 mln $29.1 mln FFO/shr (diluted) $0.52 $0.46 $1.94 $1.71 Net Income $4.6 mln $4.3 mln $24.9 mln $16.6 mln Net/shr$0.28 $0.25 $1.51 $0.98 Revenue$24.5 mln $23.1...
February 3, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98Net Income (Loss) $3.1 mln ($8.1 mln) $19 mln ($5.9 mln) Net (Loss)/shr$0.14 ($0.33) $0.76 ($0.25) Interest Income$31.4 mln $36.1 mln $119.5 mln $163.7 mln Shares outst.28 mln 24.6 mln 21.4...
February 3, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $15.1 mln$13.9 mln $53.9 mln $50.4 mln FFO/shr (diluted) $0.72 $0.65 $2.53 $2.35 Extra Gain (Loss) -- -- ($0.8 mln) -- Net Income $7.4 mln $7.9 mln $25.3 mln $28...
February 3, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $17.5 mln$16.6 mln $65.9 mln $62.8 mln FFO/shr (diluted) $0.65 $0.62 $2.46 $2.36 Extra Gain (Loss) ($0.4 mln) -- ($0.4 mln) -- Net Income $10.3 mln $10.6 mln $41 mln...
February 3, 2000 Turner expanding its elbowroomAtlanta Journal-Constitution, February 3ATLANTA – Turner Broadcasting System plans to relocate several divisions and hundreds of employees from CNN Center to Centennial Tower, a former government building overlooking Centennial Olympic Park. Turner,...
February 3, 2000 4th-Qtr 994th-Qtr 9812-mos 9912-mos 98FFO $23 mln$21.4 mln $80 mln $68 mln FFO/shr (diluted) $1.19 $1.12 $4.14 $3.56 Extra Gain (Loss) -- ($0.3 mln) -- ($0.3 mln) Net Income $10.5 mln $1.3 mln $34.1 mln...
February 3, 2000 California firm plans Kanata R& D centerThe Ottawa Citizen, February 3OTTAWA – Silicon Access Technologies Inc., a California technology company backed by chip giant Intel Corp. and investors, is planning a major development center in...
February 3, 2000 HORSHAM, Pa. – GMAC Commercial Mortgage Corp. provided $42.2 million of floating-rate financing to a partnership between Goldman Sachs' Whitehall Street Real Estate Fund and Zamias Services Inc. for their purchase of a portfolio of...
February 3, 2000 Loomis, Sayles & Co. has accumulated 3.6 million shares, representing 8.1 percent of the common shares outstanding of Federal Realty Investment Trust (NYSE:FRT). The firm's holdings were detailed in a Form 13G that Federal Realty...
February 3, 2000 Loomis, Sayles & Co. has accumulated a 5.9 percent interest in Sizeler Property Investors Inc. (NYSE:SIZ)The firm's investment in the REIT was detailed in a Form 13D that was filed with the SEC.
February 3, 2000 Urstadt Biddle Properties Inc. (NYSE: UBP) has filed a Form 10-K with the SEC.
February 3, 2000 Morgan Stanley and Criimi Mae Inc. (NYSE: CMM) have settled a lawsuit that Criimi filed against the investment bank, which will result in the sale of subordinate commercial mortgage-backed securities.The settlement is another indication that...
February 3, 2000 LUXEMBOURG – SC-U.S. Realty (NYSE: RTY) has decided to exit its special opportunity investments business, allowing the company to focus its resources on its strategic investments.In connection with the sale of the public securities in...
February 3, 2000 NEEDHAM, Mass. – The Meditrust Cos. (NYSE:MT) has sold its medical office building management company for $204 million. It also sold several assisted-living facilities for a total of $32 million.The REIT sold its Paramount Real...
February 3, 2000 An investment group led by Franklin Resources has taken a 7.5 percent stake in the Macerich Co. (NYSE: MAC).The mutual-fund company's interest, which amounts to 2.7 million shares, was detailed in a Form SC 13G/A...
February 3, 2000 A group of six entities led by Templeton Global Advisors has taken an 8.6 percent stake in LTC Properties Inc. (NYSE:LTC).The firm's interest, which amounts to 2.4 million shares, was detailed in a Form SC...
February 3, 2000 ATLANTA – Cousins Properties Inc. (NYSE:CUZ) has named Thomas D. Lenny senior vice president of its retail division's western region and Kevin B. Polston senior leasing director.Lenny is charged with identifying and buying sites and...
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