RECENT NEWS
Albuquerque Apartment Rents Rise
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...
Simon Property Files 10-Q
November 15, 1999 Simon Property Group (NYSE:SPG) has filed Form 10-Q with the SEC.
CarrAmerica Files 10-Q and 8-K
Carramerica Realty Corp. (NYSE:CRE) has filed a Form 10-Q and a Form 8-K with the SEC.
Spieker Properties Files 10-Q
November 15, 1999 Spieker Properties Inc. (NYSE:SPK) has filed a Form 10-Q with the SEC.
AmeriVest Properties Files 10-QSB
November 15, 1999 AmeriVest Properties Inc. (NasdaqSC:AMVP) has filed a Form 10-QSB (Quarterly Report) with SEC.
Essex Property Trust Files 10-Q
November 15, 1999 Essex Property Trust Inc. (NYSE:ESS) has filed a Form 10-Q with the SEC.
JDN Realty Files 10-Q/A
November 15, 1999 JDN Realty Corp. (NYSE:JDN) has filed a Form 10-Q/A (Amended Quarterly Report) with the SEC.
Clarion Commercial Files 10-Q
November 15, 1999Clarion Commercial Holdings (NYSE:CLR) has filed Form 10-Q with the SEC.
Westfield America Files 10-Q
November 15, 1999 Westfield America Inc. (NYSE:WEA) has filed a Form 10-Q with the SEC.
Prime Retail Refinances $55 Mln of Debt
November 15, 1999 BALTIMORE – Prime Retail Inc. (NYSE:PRT) said it refinanced $55 million of debt with a two-year loan provided by an affiliate.The loan carries a rate of one-month Libor plus 6 percent. Proceeds from that loan...
Hines Tapped to Build Large Office Building for Enron in Houston
November 15, 1999 By Debra Beachy, VertiNews.com CorrespondentHOUSTON – Hines is constructing a 40-story office building in Houston for Enron, an energy company.The 1.2-million-square-foot Enron office building will sit on a full city block across from the company's...
Apartment Rents in Texas’ Urban Areas Still Strong, Research Firm Finds
November 15, 1999 By Debra Beachy, VertiNews.com CorrespondentHOUSTON – Apartment rents continued to grow in Texas' urban markets during the third quarter of 1999, according to a survey by Aptresearch.com, a Dallas real estate research firm.In Austin, home...
Franklin Select 3rd-Qtr FFO $0.12/shr vs $0.14/shr
November 15, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $1.4 mln$1.7 mln $4.6 mln $5.9 mln FFO/shr (diluted) $0.12 $0.14 $0.38 $0.48 Net Income (Loss) ($0.3 mln) $1.1 mln $1 mln $3.4 mln Net/shr($0.02) $0.09 $0.15 $0.28 Revenue$3.9 mln...
Kilroy Realty Files 10-Q
November 15, 1999 Kilroy Realty Corp. (NYSE:KRC) has filed a Form 10-Q with the SEC.
Kranzco Realty Trust 3rd-Qtr FFO $0.44/shr vs $0.50/shr
November 15, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $4.6 mln$5.2 mln $15.3 mln $15.3 mln FFO/shr (diluted) $0.44 $0.50 $1.45 $1.47 Net Income $1.2 mln $1.9 mln $3.7 mln $5.4 mln Net/shr$0.11 $0.19 $0.35 $0.52 Revenue$19.1 mln $17.3...
IRT Property Files 10-Q
November 15, 1999 IRT Property Co. (NYSE:IRT) has filed a Form 10-Q with the SEC.
NY Teachers Provides $130 Mln of Financing for Washington Building
November 15, 1999 New York State Teachers' Retirement System provided $130 million of fixed-rate financing for 1001 Pennsylvania in Washington.The 14-story building contains 712,000 square feet of office space and 43,000 sf of retail space. It is midway...
Chastain Capital Files 10-Q
November 15, 1999 Chastain Capital Corp. (NasdaqNM:CHAS) has filed a Form 10-Q with the SEC.
Friedman Billings Initiates Winston Hotels At Accumulate
November 15, 1999(NewsTraders.com) -- Winston Hotels Inc. (NYSE:WXH) received a hospitable welcome today in new coverage from Friedman Billings analyst Merrill Ross, who set his rating on the stock at "accumulate."Ross projected a target in the $9-to-$10 range,...
Redwood Trust Files 10-Q
November 15, 1999 Redwood Trust Inc. (NYSE:RWT) has filed a Form 10-Q with the SEC.
ProLogis Trust Files 10-Q
November 15, 1999 ProLogis Trust (NYSE:PLD) has filed a Form 10-Q with the SEC.
Southeast Regional Digest
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...
Moody’s Publishes Report on New CMBS Yardstick
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...
Franchise Finance Corp. of America Files 10-Q
November 15, 1999 Franchise Finance Corp. of America (NYSE:FFA) has filed a Form 10-Q with the SEC.
Canadian Digest
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...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
