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 22, 1999By the Associated PressNEW YORK and SAN FRANCISCO - Starwood Financial Trust (Amex: APT) and TriNet Corporate Realty Trust Inc. (NYSE: TRI) announced today that Institutional Shareholder Services (ISS), a voting advisory service, has recommended that...
October 22, 1999 By Dan Whipple, VertiNews.com Correspondent DENVER – Nearly a year before it is expected to be completed, Continuum Partners LLC has leased most of 16 Market Square, a mixed-use project in Denver's central business district.So...
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, 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, 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, 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 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...
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 By Dan Whipple, VertiNews.com Correspondent DENVER – A 450-acre piece of land near the Denver International Airport is being readied for the first phase of some ambitious development plans.L.C. Fulenwider Inc. is developing the 450-acre...
October 21, 1999Summit victorious in bitter battle for rival AvistaThe Globe and Mail, Oct. 21TORONTO – Real estate investment trust Summit emerged as the winning bidder Wednesday for rival Avista, concluding one of the most bitter takeover battles...
October 21, 1999 NEW YORK – Lexington Corporate Properties Trust (NYSE:LXP) will issue 289,000 of its common shares, at a price $13.50/share, to buy a private corporation that owns the rights to acquire, as part of tax-free exchanges,...
October 21, 1999City may zone more commercial propertyBradenton Herald, Oct. 21BRADENTON, Fla – The Bradenton Planning Commission on Wednesday recommended approval of amendments to the city's comprehensive plan. The most significant change will allow future commercial development along...
October 21, 1999 FARMINGTON HILLS, Mich. – Sun Communities Inc. (NYSE:SUI) reported third-quarter funds from operations of $15.3 million or 75 cents/share on a diluted basis compared to $13.5 million or 69 cents/share for the same period last...
October 21, 1999CLEVELAND – Associated Estates Realty Corp. (NYSE:AEC) is launching a cash tender offer for all of its outstanding unsecured debt. The REIT has $177.5 million of senior and medim-term notes. Associated will fund the tender offer...
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