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 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 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...
October 22, 1999Office Depot closing some Canadian storesToronto Star, October 22TORONTO – Office Depot Inc. is closing six stores in North America, including three outlets in Ontario. Stores in Toronto, Barrie and Thunder Bay will be shut down...
October 22, 1999BETHESDA, Md. – Bethesda Metro Center Limited Partnership, an entity formed by CRI Inc., has sold its ownership interests in the Bethesda Metro Center office, hotel and retail mixed-use development to an entity controlled by Blackstone...
October 22, 1999Glimcher Realty Trust 3rd-Qtr FFO $0.65/shr vs $0.60/shr?3rd-Qtr 993rd-Qtr 989-mos 999-mos 98FFO$17.4 mln$16.0 mln$51.8 mln$46.2 mlnFFO/shr$0.65$0.60$1.94$1.73Net income$7.1 mln$4.6 mln$16.5 mln$14.7 mlnNet/shr$0.30$0.19$0.69$0.62Charges/gains$0.3 mln$0.5 mln$0.5 mln$0.5 mlnRevenue$54.3 mln$46.5 mln$161.7 mln$126.4 mlnGo To Earnings Announcement
October 22, 1999 By the Associated PressBloomington, Minn.- About 500 workers in Minnesota and North Dakota will be out of work when Bloomington-based Fairway Foods closes distribution centers in Northfield and Fargo, North Dakota. Local television stations have...
October 22, 1999 By The Associated Press, Hong Kong Standard Reporter Amy Tse HONG KONG - AMOY Properties, a subsidiary of the Hang Lung Group, has signed a $1.62 billion medium-term financing with Citicorp International and nine other...
October 22, 1999 ATLANTA – Atlanta-based Jameson Inns Inc.(Nasdaq: JAMS), owner of Jameson Inn and Signature Inn hotels, completed the purchase of land for a new Jameson Inn in Wilmington, North Carolina. When completed, the hotel will feature...
October 22, 1999 CLEVELAND – Cleveland, OH-based Developers Diversified Realty (NYSE: DDR) owner, manager and developer of Uptown Solon, today celebrated the grand opening of the new shopping center.Uptown Solon, located near U.S. Route 422 and State Route...
October 22, 1999 Vacancy is inching up in the country's top 20 office markets because of declining demand and new development, according to Timothy Callahan, president and chief executive of Equity Office Properties Trust, one of the largest...
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