November 16, 1999 3rd-Qtr 999-mos 99Net Income $0.7 mln $5.2 mlnNet/shr$0.18 $1.35 Revenue$1 mln $3 mln
November 16, 1999 DALLAS – Prentiss Properties Trust has broken ground on a 195,000-square-foot office building in Austin, Texas.The $31 million office building, Barton Skyway II, has been 69 percent pre-leased to Aptis Software (75,449 square feet for...
November 16, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Net Income $18.9 mln $20.9 mln $76.2 mln $55.4 mln Net/shr$0.33 $0.38 $1.34 $1.01 Revenue$27.8 mln $27 mln $74.3 mln $69.7 mln Shrs outst.56.4 mln 54.5 mln 55.8 mln 54 mln
November 16, 1999 3rd-Qtr 993rd-Qtr 989-mos 99FFO $23.7 mln$23.7 mln $86.1 mln FFO/shr (diluted) $0.35 $0.35 $1.27 Extra Gain (Loss) – ($0.1 mln) – Net Income $13 mln $12.9 mln $53.5 mln Net/shr$0.19 $0.19 $0.79 Revenue$59.3 mln $56.2...
November 16, 1999 NEW YORK – Acadia Realty Trust (NYSE:AKR) paid $7.3 million for the partnership interests in Pacesetter Park Shopping Center, a 95,600-square foot shopping center in Ramapo, N.Y.The 80-percent leased property is anchored by a Grand...
November 16, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Net Income (Loss) ($0.5 mln) ($0.9 mln) $1.3 mln $1.9 mln Net (Loss)/shr($0.10) ($0.17) $0.24 $0.37 Revenue$4.7 mln $4.5 mln $20.8 mln $24.2 mln Shrs outst.5.2 mln 5.2 mln 5.2 mln...
November 16, 1999 HORSHAM, Pa. – Nationwide Life Insurance Co. provided $10.5 million of financing for two office buildings in Mansfield, Mass.The buildings, One and Two Mansfield Corporate Center, have a combined 190,400 square feet. The financing was...
November 16, 1999 CHICAGO – GTCR Golder Rauner has committed $100 million in equity financing to start Heritage Golf Group LLC, which will buy golf resorts and daily fee facilities throughout the U.S.The commitment includes an initial investment...
November 15, 1999 Redwood Trust Inc. (NYSE:RWT) has filed a Form 10-Q with the SEC.
November 15, 1999 ProLogis Trust (NYSE:PLD) has filed a Form 10-Q with the SEC.
November 15, 1999International Paper creates large office campus in MemphisMemphis Business Journal, November 15MEMPHIS, Tenn. – New York-based International Paper Company is creating a 363,000-square-foot office campus in Southeast Memphis. The company is investing $19.7-million to renovate a...
November 15, 1999 Moody's has published "Gauging Economic Diversity in CMBS," a special report outlining the methodology and reasoning behind the adoption of a new yardstick in its analysis of commercial mortgage-backed securities.In addition to the usual data...
November 15, 1999 Franchise Finance Corp. of America (NYSE:FFA) has filed a Form 10-Q with the SEC.
November 15, 1999 Thriftys to expandThe Globe and Mail, November 15TORONTO – Thriftys jeanswear stores hopes to double sales in the next few years by expanding its reach into Quebec and possibly the United States. The chain also...
November 15, 1999 The operating partnership affiliate of Duke-Weeks Realty Corp. (NYSE:DRE) has filed Form 424B5 Prospectus with the SEC. The prospectus is related to the proposed offering of $150 million of 7.75 percent senior unsecured notes.The partnership...
November 15, 1999 Cousins Properties (NYSE:CUZ) has filed a Form 10-Q with the SEC.
November 15, 1999 By Brad Berton, VertiNews.com Contributing EditorJust as it was merging into Health Care Property Investors (NYSE:HCP) earlier this month, American Health Properties Inc. paid about $20 million, or $225/sf, for an 89,000-square-foot medical office building...
November 15, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Net Income (loss)($17.8 mln)$19.9 mln$13.7 mln$57.3 mlnNet/shr (loss)($0.33)$0.41$0.26$1.22Revenue$69.0 mln$71.9 mln$209.3 mln$175.3 mlnNote: Data reflects tax basis.
November 15, 1999 Glenborough Realty Trust Inc. (NYSE:GLB) has filed a Form 10-Q with the SEC.
November 15, 1999 NEW YORK – Tarragon Realty Investors Inc. (NASDAQ:TARR) received $43.5 million of mortgage financing for three Florida apartment complexes it developed in a venture with Rohdhouse Investments.ARCS Commercial Mortgage originated a $34 million mortgage through...
November 15, 1999 NEW YORK – Standard & Poor's has lowered its ratings on TriNet Corporate Realty Trust Inc. and removed it from CreditWatch where it was placed on June 16. TriNet merged with Starwood Financial Inc. (NYSE:SFI)S&P...
November 15, 1999 Apex Mortgage Capital Inc. (NYSE:AXM) has filed a Form 10-Q with the SEC.
November 15, 1999 Criimi Mae Inc. (NYSE:CMM) has filed Form 10-Q with the SEC.
November 15, 1999 Pacific Gulf Properties Inc. (NYSE:PAG) has filed a Form 10-Q with the SEC.
November 15, 1999 By Debra Beachy, VertiNews.com CorrespondentHOUSTON – Apartment rents in Albuquerque are gaining momentum, but the city is still considered a poor performer, according to Aptresearch.com.Rents rose 1.6 percent from the second quarter to the third...
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