November 5, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98Extra Gain (Loss) – ($25.3 mln) – ($25.3 mln)Net Income (Loss) $6.1 mln ($23.5 mln) ($80.9 mln) ($18.4 mln) Net (Loss)/shr$0.05 ($0.61) ($1.06) ($0.49) Revenue$60.8 mln $38.5 mln $164.4 mln $98.3...
November 5, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $53.7 mln$53.5 mln $160.6 mln $146.8 mln FFO/shr (diluted) $0.73 $0.68 $2.13 $1.96 Net Income $39.4 mln $36.4 mln $116 mln $111 mln Net/shr$0.45 $0.37 $1.31 $1.25 Revenue$194.7 mln $165...
November 5, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $10 mln$7.9 mln $28.5 mln $21.4 mlnFFO/shr (diluted) $0.72 $0.62 $2.09 $1.76 Net Income $4.9 mln $5.1 mln $15.8 mln $14.5 mln Net/shr$0.36 $0.40 $1.16 $1.19 Revenue$22.4 mln $15.8 mln...
November 5, 1999 Health Care Property Investors Inc. (NYSE:HCP) has filed a Form 8-K (Current Report) with the SEC.
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 4, 1999Health Care Property Investors Inc. (NYSE:HCP) has filed a Form 8-A12B (registration statement) with the SEC. The REIT is registering 8.60% Series C Cumulative Redeemable Preferred Stock.
November 4, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $8.9 mln$8.2 mln $26.3 mln $23.8 mln FFO/shr (diluted) $0.49 $0.45 $1.44 $1.31 Net Income $3.1 mln $1.6 mln $6.1 mln $4.4 mln Net/shr$0.20 $0.10 $0.39 $0.28 Revenue$28.5 mln $25...
November 4, 1999 BEVERLY HILLS, Calif. – G&L Realty Corp. (NYSE:GLR) said shareholders tendered more than 2 million common shares in response to an offer by G&L to buy back up to 1 million shares at $10.50 apiece.The...
November 4, 1999 Associated PressBLUE SPRINGS, Mo. – Harmon Industries Inc., which makes safety equipment for railroads and mass-transit systems, is closing three plants as part of a company-wide downsizing. The Blue Springs company said Tuesday the closing...
November 4, 1999 Credit Suisse First Boston Mortgage Securities Corp., Commercial Mortgage Pass-Through Certificates, Series 1999-C1 ClassAmount($mln)Sub. Level(%)RatingDuff & PhelpsRatingMoody's RatingFitchIBCA Avg.LifePriced (BP)BnchMarkA-1199.526.5AAA AaaAAA5.7+111Treas. CurveA-267326.5AAA AaaAAA9.4+137Treas. CurveB53.422AA Aa2AA9.9+161Treas. CurveC59.417A A2A9.9+190Treas. CurveD14.815.75A- A3A-9.9+207Treas. CurveE41.612.25BBB Baa2BBB9.9+255Treas. CurveF20.710.5BBB- Baa3BBB-9.9+355Treas. CurveX*673N/AAAA AaaAAA9.9+390Treas....
November 4, 1999 GLENDALE, Calif. – Hollywood Park Inc. (NYSE:HPK) has agreed to sell its remaining 97 acres of land in Inglewood, Calif., to K. Hovnanian Cos. of California, an affiliate of Hovnanian Enterprises Inc. (AMEX:HOV) for about...
November 4, 1999 NEW YORK – Lend Lease Real Estate Investments Inc. has completed its purchase of Boston Financial Group LP for $138 million and up to $31 million of contingent payments that would be payable over the...
November 4, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$61.3 mln$57.3 mln$182.2 mln$158.3 mlnFFO/shr (diluted)$0.83$0.78$2.46$2.26Extra. Gain (loss) Net Income$32.5 mln$30.7 mln$83.3 mln$85.3 mlnNet/shr$0.55$0.53$1.42$1.53Revenue$139.0 mln$130.9 mln$410.9 mln$358.8 mlnShrs outst.67.1 mln65.9 mln67.3 mln63.1 mln
November 4, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $13.9 mln$13.1 mln $42.1 mln $35.8 mln FFO/shr (diluted) $0.38 $0.35 $1.10 $1.04 Extra Gain (Loss) ($0.86 mln) – ($4.9 mln) – Net Income $1.8 mln $3.4 mln $23 mln...
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...
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