November 8, 1999 Equity One Inc. (NYSE:EQY) has filed a Form 8-K/A with the SEC.
November 8, 1999 NEW YORK – Starwood Hotels & Resorts Worldwide (NYSE:HOT) was advised on the sale of the Ritz-Carlton Kansas City by Sonnenblick-Goldman Co.The hotel was sold to Maritz, Woff & Co., a St. Louis investment firm,...
November 8, 1999 ALEXANDRIA, Va. – AvalonBay Communities Inc.(NYSE:AVB) raised $135.2 million from the sale of properties.The $135.2 million worth of properties sold are The Pointe (Fairfield, Calif.) for $23.8 million in July; Avalon at Willow Lake (Indianapolis)...
November 8, 1999 PALO ALTO, Calif. – Essex Property Trust Inc. (NYSE:ESS) has sold the Casa del Mar apartment complex in Pasadena, Calif., for $10.7 million, or $111,500/unit.The sale results in a $3.1 million gain over a 28-month...
November 8, 1999 G&L Realty Corp. (NYSE:GLR) has filed a Form SC 13E4/A (Amended Issuer Tender Offer Statement) with the SEC. The filing refers to G&L's stock repurchase plan.
November 8, 1999 INDIANAPOLIS – The management and directors of Duke-Weeks Realty Corp. (NYSE:DRE) have purchased $31.8 million of the REIT's common shares on the open market over the last several weeks.The purchases were financed with personal loans...
November 8, 1999 Lincoln Investment Management provided $32 million of fixed-rate financing for the Harbor Oaks Apartments, a 474-unit complex in Sacramento, Calif.The permanent financing was arranged by L.J. Melody & Co., a unit of CB Richard Ellis...
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...
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