November 8, 1999 NEW YORK – Ian Schrager Hotels LLC has entered into a joint venture with Millennium Partners to redevelop the 689-room St. Moritz hotel in New York.The property, which will be managed by the Ritz-Carlton Hotel...
November 8, 1999 Millenium Partners agreed to buy out Ian Schrager Hotels' $95 million mortgage with Credit Suisse First Boston in order to form a venture that will redevelop the St. Moritz Hotel on Central Park South in...
November 8, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $27.8 mln$21.5 mln – – FFO/shr (diluted) $0.61 $0.56 – – Extra Gain (Loss) – ($1.1 mln) – ($2 mln) Net Income $11.1 mln $8.4 mln $26.1 mln $26.8 mln...
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 5, 1999KANSAS CITY, Mo. – Maritz, Wolff, & Co., a private investment fund, confirmed today its purchase of The Ritz-Carlton Hotel here. Starwood Hotels and Resorts Worldwide sold the site, loacted in downtown Kansas City's Country Club...
November 5, 1999 American Health Properties Inc. (NYSE:AHE) has filed a Form 15-12B (Certification of Termination of Registration) with the SEC.
November 5, 1999 Health Care Property Investors Inc. (NYSE:HCP) has filed a Form S-8 (Registration Statement) with the SEC.
November 5, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $13.1 mln$11.5 mln $38.8 mln$33.4 mln FFO/shr (diluted) $0.65 $0.58 $1.93 $1.68 Net Income $7.7 mln $12.4 mln$25.6 mln $25.1 mln Net/shr$0.38 $0.58 $1.26 $1.24 Revenue$31.6 mln $29.8 mln $92.1...
November 5, 1999 Associated PressFAIRBANKS – Two Anchorage developers are joining a consortium of Native corporations to build a $16 million luxury hotel in downtown Fairbanks. Jon Rubini, a partner in J-L Properties Inc., said construction of the...
November 5, 1999 Laser Mortgage Management Inc. has filed a Form 8-K (Current Report) with theUnited States Securities and Exchange Commission.
November 5, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $8.4 mln$7.6 mln $23.7 mln $21.2 mln FFO/shr (diluted) $0.50 $0.44 $1.43 $1.25 Net Income $7.6 mln $4.2 mln $20.4 mln $12.4 mln Net/shr$0.46 $0.24 $1.23 $0.73 Revenue$24.3 mln $21.5...
November 5, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO $11.6 mln$10.2 mln $34.5 mln $31.5 mln FFO/shr (diluted) $0.38 $0.35 $1.14 $1.08 Net Income $8.8 mln $10 mln $25.8 mln $23.9 mln Net/shr$0.29$0.34 $0.85 $0.82 Revenue$18.9 mln $15.8 mln...
November 5, 1999Associated PressHuntsville, Ala. – Target Stores will build a distribution center in Limestone County, Ala., near the Tennessee border. The 1.2 million-square-foot warehouse and distribution center will serve 100 Southeastern stores and eventually create 800 jobs....
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 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...
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