October 26, 1999 WASHINGTON – Allied Capital Corp. (NASDAQ:ALLC) said it invested $27.8 million during the quarter ended Sept. 30 in commercial mortgage-backed securities with a face value of $50.4 million.Allied Capital is one of about six investors...
October 26, 1999 Glenborough Realty Trust Inc. (NYSE:GLB) has filed a Form 8-K (Current Report) with the SEC.
October 25, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$27.1 mln$24.4 mln$78.0 mln$71.8 mlnFFO/shr (diluted)$1.01/shr$0.91/shr$2.91/shr$2.68/shrNet Income$14.6 mln$14.3 mln$42.3 mln$40.3 mlnNet/shr$0.54/shr$0.53/shr$1.57/shr$1.50/shrRevenue$58.4 mln$50.0 mln$169.5 mln$145.7 mlnShrs outst.26.9 mln26.8 mln26.9 mln26.8 mln
October 25, 1999 By Dan Whipple, VertiNews.com CorrespondentDENVER – Three cities situated on the I-25 corridor north of Denver are positioned to be the commercial real estate growth engines of the next 25 years, according to Larry Kendall...
October 25, 1999 Home Properties of New York Inc. (NYSE:HME) has filed a Form S-8 (Registration Statement) with the SEC.
October 25, 1999 Trinet Corporate Realty Trust Inc. (NYSE:TRI) has filed a Form DEFA14A (Definitive Proxy Statement) with the SEC.
October 25, 1999 Starwood Financial Trust (AMEX:APT) has filed a Form DEFA14A (Definitive Proxy Statement) with the SEC.
October 25, 1999 Franklin Select Realty Trust (AMEX:FSN) has filed a Form 8-K (Current Report) with the SEC.
October 25, 1999 Wellington Properties Trust (NasdaqSC:WLPT) has filed a Form SB-2/A (Amended Registration Statement for Small Business Issuers) with the SEC.
October 25, 1999 Vornado Realty Trust (NYSE:VNO) has filed a Form 8-K (Current Report) with the SEC.
October 25, 1999 LOS ANGELES – Kilroy Realty Corp.'s (NYSE:KRC) operating partnership, Kilroy Realty LP, has obtained a $90 million, four-year secured loan from Commerzbank AG and Dresdner Bank AG. The loan, which bears interest at 1.75 percent...
October 25, 1999 SL Green Realty (NYSE:SLG) has filed Form 8-K with the SEC.
October 25, 1999Bank of Montreal adds 150 jobsThe National Post, October 24MONTREAL – The Bank of Montreal is hiring 150 across the country for its mortgage and commercial lending operations. Click Here to View Full StoryWestJet plans new...
October 25, 1999?3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$18.2 mln$12.6 mln$52.7 mln$29.6 mlnFFO/shr (diluted)$0.58$0.48$1.68$1.43Net Income$8.1 mln$7.8 mln$24.7 mln$16.6 mlnNet/shr$0.33$0.33$1.02$0.91Revenue$54.7 mln$39.8 mln$152.1 mln$95.2 mlnShrs outst.26.6 mln26.4 mln26.6 mln20.6 mln
October 25, 1999 By Thomas J. Walsh, VertiNews.com Senior WriterBOSTON – Simon Property Group (NYSE:SPG) is making a move to raise its profile as well as that of its shopping malls.The Indianapolis REIT has formed a partnership with...
October 25, 1999Two firms to compete for developmentOrlando Sentinel, October 23ALTAMONTE SPRINGS, Fla. – Crescent Resources Inc. and Duke-Weeks Realty Corp. have submitted bids to build an extension of Maitland Center in Altamonte Springs. The two office developers...
October 25, 1999 RALEIGH, N.C. – Highwoods Properties Inc. (NYSE:HIW) received a $188 million fixed-rate mortgage from an affiliate of Aegon USA Realty Advisors Inc.The loan, which carries a fixed-rate of 7.82 percent, matures in 2009. It is...
October 25, 1999 Reckson Associates Realty Corp. (NYSE:RA) has filed a Form 8-K with the SEC. The filing details purchase and sales agreements of recent transactions.
October 25, 1999 WASHINGTON – National Association of Real Estate Investment Trusts has re-elected Samuel Zell as chairman. Zell, chairman of Equity Office Properties Trust, Equity Residential Properties Trust and Manufactured Housing Communities, was re-elected to his NAREIT...
October 25, 1999 3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$72.1 mln$68.6 mln$213.7 mln$155.9 mlnFFO/shr (diluted)$0.50$0.46$1.46$1.33Net Income$71.3 mln$57.7 mln$170.9 mln $130.5 mlnNet/shr$0.46$0.36$1.11$1.04Revenue$168.8 mln$158.5 mln$493.3 mln$351.4 mlnShrs outst.145.5 mln150.6 mln146.6 mln117.5 mln
October 25, 1999 BIRMINGHAM, Ala. – Colonial Properties Trust (NYSE:CLP) said its board has authorized the repurchase of up to $50 million of its common shares. Some of the shares that are bought will be reserved for re-issuance...
October 25, 1999 LOS ANGELES – The Bentley Forbes Group LLC paid $13 million, or $35/sf, for an office/industrial property in Princeton, Ind.Bentley Forbes is leasing the property back to its seller, Distribution Services Ltd., under a triple-net...
October 25, 1999 NEW YORK – SL Green Realty Corp. (NYSE:SLG) has exercised its right to buy the remaining 35 percent interest in the BMW Building at 555 West 57th Street in Midtown Manhattan for $34.1 million.When the...
October 25, 1999 H&R REIT (TORONTO:HR_u.TO) provided C$35 million ($23.7 million) of mezzanine financing for a 465,000-square-foot office complex that is being developed in Toronto. The property, which will cost $110 million to build, will be occupied by...
October 22, 1999Builder plans $140 million retail, office projectTampa Tribune, October 22TAMPA, Fla. – New York's Bromley Development Co wants to build a $140 million retail and office complex near I-275 that would take up as much space...
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