November 5, 1999 Boston Properties (NYSE:BXP) has filed Form 10-Q with the SEC.
November 5, 1999 ATLANTA – Archstone Communities Trust has sold its Cameron Forest Apartments, located in the northwest Atlanta suburb of Marietta, to Investors Realty Group for an undisclosed price. Archstone, a Denver-based national real estate investment trust,...
November 5, 1999 Associated PressSARASOTA, Fla. – John Strickroot Jr., former general counsel to the Culverhouse Trust, has been dismissed as president of the Palmer Ranch real estate development, according to a lawsuit accusing him of misusing funds.The...
November 5, 1999 Thunderbird retail outlets closeToronto Star, November 5VANCOUVER – Ten Thunderbird Bath and Kitchen retail outlets in British Columbia and Alberta have been closed since corporate owner, B.C.-based Corona Home Products Ltd., filed for bankruptcy Wednesday...
November 5, 1999Highwoods to sell office buildingsOrlando Sentinel, November 5ORLANDO – Highwoods Properties of Raleigh, N.C., will sell 21 office buildings in Orlando and Tampa, Fla., by the end of the year. The price will be $165.3 million...
November 5, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Net Income $4.6 mln $10.1 mln $6.3 mln $10.9 mln Net (Loss)/shr$0.22 $0.48 $0.30 ($1.07) Revenue$307 mln $273.8 mln $817.4 mln $704.2 mln Shrs outst.21.2 mln 21.1 mln 21.1 mln 19.9...
November 5, 1999 First Industrial Realty Trust (NYSE:FR) has filed form 10-Q with the SEC.
November 4, 1999 NEW YORK – Fitch IBCA has lowered by one notch the rating of one class of a 1997 commercial mortgage-backed securities deal because of the deterioration of Rite Aid's credit rating.The rating agency downgraded, to...
November 4, 1999By Nina Suebsukcharoen, VertiNews.com CorrespondentBANGKOK, Thailand – Despite signs that the Thai economy is improving, the country's beleaguered property market remains in a funk, with office rental rates half of where they were in 1991.Property analysts...
November 4, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $13 mln$12.5 mln $38.8 mln $36.5 mln FFO/shr (diluted) $0.61 $0.58 $1.82 $1.70 Extra Gain (Loss) ($0.8 mln) – ($0.8 mln) – Net Income $5.4 mln $6.6 mln $18 mln...
November 4, 1999 Income Opportunity Realty Advisors (AMEX:IOT) has filed a Form 10-Q with the SEC.
November 4, 1999 By Karen Chan of the Hong Kong StandardHONG KONG – After making nearly HK$2 billion (US$259 million) worth of investments on the mainland real estate market since 1994, Wharf Holdings' property investments there will start...
November 4, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $61.1 mln$57.1 mln $183.1 mln $152.1 mln FFO/shr (diluted) $0.86 $0.83 $2.60 $2.37 Extra Gain (Loss) ($5 mln) ($0.3 mln) ($5.8 mln) ($0.4 mln) Net Income $24.9 mln$25.8 mln $79.2...
November 4, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $75 mln$88.5 mln $233.6 mln $209.8 mln FFO/shr (diluted) $0.53 $0.60 $1.63 $1.81 Net Income (Loss) $59.4 mln ($198.7 mln) $118.9 mln ($99.3 mln) Net (Loss)/shr$0.42 ($1.42) $0.83 ($0.86) Revenue$235.7...
November 4, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $38.4 mln$17.1 mln $99.7 mln $49.5 mln FFO/shr (diluted) $0.61 $0.55 $1.78 $1.67 Net Income $24 mln $10.1 mln$61.8 mln $40.4 mln Net/shr$0.40 $0.34 $1.16 $1.42
November 4, 1999Proposed convention center in troubleSun-Sentinel, November 4WEST PALM BEACH, Fla. – Plans for a hotel and convention center for downtown West Palm Beach are in trouble. The head of CityPlace – a $375 million retail, entertainment...
November 4, 1999 Go to Previous Story in the VertiNews.com ArchiveCredit Suisse First Boston Mortgage Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 1999-C1 ClassAmount($mln)Sub. Level(%)RatingDuff & PhelpsRatingMoody's RatingFitchIBCA Avg.LifePriceTalk(BP)BnchMarkA-1199.526.5AAA AaaAAA5.7+112-114Treas. CurveA-267326.5AAA AaaAAA9.4+138-139Treas. CurveB53.422AA Aa2AA9.9+162 areaTreas. CurveC59.417A A2A9.9+187 areaTreas....
November 4, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $26.5 mln$22 mln $73 mln $63.1 mln FFO/shr (diluted) $0.83 $0.71 $2.27 $2.04 Extra Gain (Loss) $– $– ($1.6 mln) $– Net Income $7.6 mln $6.7 mln $18.7 mln $18.1...
November 4, 1999Plan for waterfront unveiledToronto Star, November 4TORONTO – Officials have unveiled a 10-year plan for a massive redevelopment of the city's 46-kilometer (28-mile) waterfront. The multi-billion-dollar plan calls for the construction of a streetcar line, the...
November 4, 1999 By Morris Newman, VertiNews.com CorrespondentLAS VEGAS – Terra Holding Co., a local investor, paid $12.5 million, or $68,000/unit, for Rancho Destino, a 184-unit apartment complex at 4355 S. Durango Drive. The seller was Juliet Properties...
November 4, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $20.7 mln$18.4 mln $59.7 mln $52.3 mln FFO/shr (diluted) $0.64 $0.58 $1.85 $1.71 Net Income $11 mln $10 mln $31.6 mln $28.6 mln Net/shr$0.39 $0.36 $1.14 $1.07 Revenue$40.2 mln $34.5...
November 4, 1999 Associated PressBETHESDA, Md. – Terence C. Golden, the president and CEO of Host Marriott Corp. will retire at the company's annual meeting next year. Christopher J. Nassetta, the company's executive vice president and chief operating...
November 4, 1999 NEW YORK – Mount Sinai NYU Health has agreed to lease 80,000 square feet at One Park Avenue in Midtown Manhattan in a 10-year deal valued at about $30 million.The 850,000-sf building is owned by...
November 4, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $17 mln$15.3 mln $51 mln $43.4 mln FFO/shr (diluted) $0.32 $0.29 $0.95 $0.83 Extra Gain (Loss) – ($49.8 mln) ($0.3 mln) ($50.8 mln) Net Income (Loss) $1.6 mln ($18.3 mln)...
November 4, 1999 By Keith Regan, VertiNews.com CorrespondentTORONTO – TrizecHahn Corp. (NYSE:TZH) has acquired a stake in Allied Riser Communications Corp., which installs fiber optic communications networks. The move was made to increase its revenue and boost the...
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