August 5, 1999 Forest plan would hurt ski area expansion plansColorado Springs Gazette-Telegraph, August 5VAIL, Colo. – The U.S. Forest Service?s proposed master plan on the White River National Forest would freeze the area zoned for current and...
August 5, 1999 NEW YORK – New Plan Excel Realty Trust Inc. (NYSE:NXL) declared a common stock dividend of 40.75 cents/share, up from 40.5 cents/share, payable Oct. 15 to shareholders of record Oct. 1.In addition, the REIT declared...
August 5, 1999SILVER SPRING, Md. – Humphrey Hospitality Trust Inc. (NASDAQ:HUMP) said funds from operations for the second-quarter ended June 30 rose to $1.7 million or 32 cents/share, on a diluted basis, from $1.5 million or 31 cents/share...
August 5, 1999 ROSEBURG, Oregon - After sitting dormant for nearly two years, Roseburg's Starlite Drive-In movie has a new owner. The Cow Creek Band of the Umpqua Indian tribe has purchased the drive-in, and agreed to not...
August 5, 1999By Chris Kahn PHOENIX (AP) - Federal prosecutors had until the end of today to ask the 9th U.S. Circuit Court of Appeals to reverse its decision to throw out former Gov. Fife Symington's criminal convictions....
August 5, 1999 BIRMINGHAM, Ala. – Colonial Properties Trust (NYSE: CLP) said it priced $82.5 million of unsecured debt that was placed by Merrill Lynch and Lehman Brothers.The medium-term notes were issued in two tranches: A $57.5 million...
August 5, 1999 CONSHOHOCKEN, Pa. – Kranzco Realty Trust (NYSE: KRT), a retail real estate investment trust in the western suburbs of Philadelphia, said it sold a Connecticut shopping center and four other properties for a total of...
August 5, 1999Cigar company expanding on Madison Ave. New York Times, August 5NEW YORK Davidoff of Geneva, a major manufacturer and seller of premium cigars, luxury goods and other tobacco products and accessories, is giving up its...
August 5, 1999 NEW YORK – Jeffrey M. Brown Associates Inc. has been awarded a $50 million contract to construct Mack-Cali Realty Corp.'s new Harborside Financial Center in Jersey City, N.J.The construction includes a three-story, 150,000-square-foot office building...
August 5, 1999 Building boom? Yup!Montreal Gazette, August 5MONTREAL – A quiet building boom has hit the city. The value of building permits for the first six months of 1999 was $426.6 million, a 16 percent increase over...
August 5, 1999By Morris Newman, VertiNews.com CorrespondentWESTLAKE VILLAGE, Calif. – A pair of West Coast developers have started construction on the $50-million, 327,474-square-foot Westlake North Business Park in this city on the Los Angeles-Ventura County border. The 18-acre...
August 5, 1999Community -development firms best to help Winston-Salem Winston-Salem Journal, August 5WINSTON-SALEM, N.C. – At a time when presidential candidates are talking about the need to switch from government programs to faith-based community groups, Goler Memorial AME...
August 5, 1999 Job growth slows but remains strongDallas Morning News, August 5DALLAS – A slowdown in second-quarter job growth hasn't knocked Dallas-Fort Worth off the list of the nation's top employment centers. For the 12 months ended...
August 5, 1999Allfirst reports `solid' 2nd QtrThe Baltimore Sun, August 5BALTIMORE – Allfirst Financial Inc., formerly First Maryland Bancorp, reported its second-quarter net income declined to $37.6 million in 1999 compared to $47.5 million for the same period...
August 5, 1999 BALA CYNWYD, Pa. – Corporate Office Properties Trust (NYSE:OFC) said it leased all 120,000 square feet of an office building it is constructing in Annapolis Junction, Md., to Ameritrade Holding Corp.Corporate Development Services, a subsidiary...
August 5, 1999 BOSTON – Berkshire Realty Co. Inc. (NYSE: BRI) reported funds from operations for the second quarter ended June 30 of $16.6 million or 32 cents/share on a diluted basis compared to $14.6 million or 28...
August 5, 1999 LOS ANGELES – Oakwood Corporate Housing, which leases fully furnished apartments to extended-stay travelers, has purchased Great West Corporate Housing, a unit of Simpson Housing LP of Denver.Terms of the deal were not disclosed. But...
August 5, 1999Feds indict labor leaderChicago Sun-Times, August 5 CHICAGO –John Serpico, 68, of Lincolnwood faces charges of racketeering, fraud and money laundering for allegedly receiving $5 million in bad loans and sharing in almost $334,000 in kickbacks...
August 5, 1999NEWTON, Mass. – HRPT Properties Trust (NYSE: HRP) reported funds from operations for the second quarter ended June 30 of $62.4 million or 44 cents/share, compared to $54.8 million or 44 cents/share for the same period...
August 5, 1999NASHVILLE – Prison Realty Trust Inc. (NYSE: PZN) received a $350 million term loan, bolstering its borrowing capacity.The owner and operator of correctional facilities said the new term loan bears a variable rate of interest pegged...
August 5, 1999 By Paul Gereffi, VertiNews.com CorrespondentCarrAmerica Realty Corp. (NYSE:CRE) recently leased 22,000 square feet at its Peninsula Executive Center in Boca Raton, Fla., to Ericsson Inc., pushing the occupancy level of the building to 71 percent.Although...
August 4, 1999DALLAS (AP) – Elvis left the building a long time ago and now it appears that the building that once housed the Velvet E, a tacky shrine to the late entertainer, may be leaving as well....
August 4, 1999 SANTA MONICA, Calif. – National Golf Properties Inc. (NYSE:TEE) said it lined up a $200 million revolving credit facility and a $100 million five-year term loan that is unsecured, from a group of lenders that...
August 4, 1999Delaware, Ohio(AP)- With Columbus City Council wavering on its commitment to a tax-increment plan for the Polaris area, Delaware County Auditor David Yost has stopped sending the city real estate taxes generated by the plan. He's...
August 4, 1999 CHICAGO – General Growth Properties Inc.(NYSE: GGP) said funds from operations for the second quarter ended June 30 rose to $40.4 million or 94 cents/share from $28.4 million or 79 cents/share the same period last...
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