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RECENT NEWS

Southeast Regional Digest

November 3, 1999Northport Marketplace faces foreclosure as entertainment mall faltersSun-Sentinel, November 3FORT LAUDERDALE, Fla. – Two-year-old NorthPort Marketplace is now nearly empty, and its Chicago-based lender, La Salle National Bank, has filed suit to call in $18 million,...

Southeast Regional Digest

November 2, 1999Machinery manufacturer relocates to SouthavenMemphis Business Journal, November 1MEMPHIS, Tenn. – Basic Automation has run out of space and will relocate to a 24,000-sf building in Southaven, where an additional 20,000 sf of space is being...

Canadian Digest

November 2, 1999 New owner of bank building talking to potential tenantsMontreal Gazette, November 2MONTREAL – Alexis Nihon Group has bought the Laurentian Bank building at 777 Ste. Catherine St. W. for $12 million. The group plans to...

Acadia Realty Trust 3rd-Qtr FFO

November 2, 1999  3rd-Qtr 993rd-Qtr 98 Pro forma9-mos 999-mos 98Pro formaFFO $9.2 mln$3.6 mln$23.1 mln$8.6 mlnFFO/shr (diluted)$0.25$0.15$0.63$0.57Extra. Loss– $0.44 mln–$0.71 mlnNet Income (Loss)$3.1 mln($10.8 mln)$5.1 mln($12.9 mln)Net (Loss)/shr $0.12($0.60)$0.20($1.10)Revenue $24.4 mln$16.2 mln$68.6 mln$37.9 mlnShrs outst.26 mln18.1 mln25.6 mln11.8 mln

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