RECENT NEWS
Colonial Properties Trust Files 10-Q
November 16, 1999 Colonial Properties Trust (NYSE:CLP) has filed a Form 10-Q and a Form 10-Q/A (Amended Quarterly Report) with the SEC.
Stone Reaches Agreement to Leave First Boston, Wall Street Journal Says
November 16, 1999 Andrew Stone has reached an agreement with Credit Suisse First Boston, paving the way for his departure from the investment bank, according to the Wall Street Journal.The newspaper quoted from a First Boston announcement that...
Burnham Pacific Properties Files 10-Q
November 16, 1999 Burnham Pacific Properties Inc. (NYSE:BPP) has filed a Form 10-Q with the SEC.
Law Firm Signs $15 Mln Lease in Irvine, Calif.
November 16, 1999 By Morris Newman, VertiNews.com CorrespondentIRVINE, Calif.– The law firm of Allen, Matkins, Leck, Gamble & Mallory, LLP has leased 44,290 sf at the Koll Center Irvine North Phase II. The 10-year deal is worth $15...
Cornerstone Properties Files 10-Q
November 16, 1999 Cornerstone Properties Inc. (NYSE:CPP) has filed Form 10-Q with the SEC.
Millennium Breaks Gound for Hotel Complex in Lower Manhattan
November 16, 1999 NEW YORK – Millennium Partners today broke ground on The Ritz-Carlton Hotel & Residences on the tip of the Manhattan in Battery Park City. The development will include a 311-unit five-star hotel, said to be...
The Mills Corp. 3rd-Qtr FFO $0.59/shr vs $0.52/shr
November 16, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $23.4 mln$20.3 mln $66.7 mln $60.1 mln FFO/shr (diluted) $0.59 $0.52 $1.70 $1.53 Extra Gain (Loss) – – ($2.8 mln) ($0.4 mln) Net Income $7.5 mln $5.3 mln $19 mln...
Korea Intent on Forming Ventures with Yankees, Despite Setback
November 16, 1999 By B.J. Lee, Asian Assets Direct CorrespondentSEOUL, South Korea - Korea Asset Management Corp., a state-run agency charged with liquidating the bad debt held by Korean companies, is sticking with its plan to set up...
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,...
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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.
