July 28, 1999 NORTH MIAMI BEACH, Fla. – Equity One, Inc. (NYSE: EQY) said funds from operations (FFO) rose to $3.3 million ($0.31 per share) from pro forma FFO of $3.0 million ($0.28 per share) for the second...

July 28, 1999BOCA RATON, Fla. – Bluegreen Corp. (NYSE: BXG) reported net income for the first quarter ended July 4 of $4.4 million or 17 cents/share on a diluted basis, compared to $4.1 million or 17 cents/share for...

July 28, 1999 Midwest Express plans expansionMilwaukee Journal Sentinel, July 27MILWAUKEE – Midwest Express Holdings Inc. plans to add a 55,000-square-foot training facility to its headquarters building on S. Howell Ave. During an announcement Thursday, Midwest express officials...

July 28, 1999 HOUSTON – Weingarten Realty Investors (NYSE: WRI) said it is negotiating the sale of certain property which should result in proceeds of close to $59 million.The REIT said it was selling an 80% interest in...

July 28, 1999 VertiNews.com Special Reportby Paul Gereffi, VertiNews.com CorrespondentPOMPANO BEACH, Fla.– With undeveloped commercial sites shrinking in Broward County like puddles in the sun, Premier Commercial Realty of Pompano thinks it got a bargain when it bought...

July 28, 1999 BOSTON – Boston Properties Inc. (NYSE: BXP) said funds from operations for the second quarter ended June 30 rose to $48.7 million, or $0.72 per share on a diluted basis, from $38.9 million, or $0.63...

July 28, 1999 DENVER – Apartment Investment and Management Co. (NYSE: AIV, AIVPrK) (AIMCO) declared a dividend of $0.50 per share on its publicly-traded 8 percent Class K Convertible Cumulative Preferred Stock. The dividend is payable on August...

July 28, 1999 ATLANTA – IRT Property Co. (NYSE: IRT) declared a 23.5 cents/share dividend, payable Sept. 1 to shareholders of record Aug. 13.

July 28, 1999DENVER – Archstone Communities (NYSE: ASN) said funds from operations (FFO) increased to $70.9 million ($0.49 per share) for the second quarter ending June 30, compared with $44.5 million ($0.44 per share) for the same period...

July 28, 1999 PALM BEACH, Fla. – Innkeepers USA Trust (NYSE: KPA) reported funds from operations (FFO) rose to $21 million ($0.45 per share) in the second quarter, up from $19 million ($0.45 per share) a year ago....

July 28, 1999 SAN FRANCISCO– TriNet Corporate Realty Trust Inc. (NYSE:TRI) said funds from operations for the second quarter ended June 30 rose to $24.6 million or 94 cents a share on a diluted basis, from $21.8 million...

July 27, 1999BEVERLY HILLS, Calif. – Kennedy-Wilson Inc. (NASDAQ: KWIC) said second-quarter earnings rose to $930,000, or 11 cents/share, from $202,000, or 3 cents/share in the same period last year.Revenue for the quarter, which ended June 30, rose...

July 27, 1999 PALO ALTO, Calif. – Essex Property Trust Inc. (NYSE:ESS) said it completed construction of Park Hill at Issaquah, Wash., a 245-unit complex. The complex is already 95% leased. It is owned by a joint venture...

July 27, 1999 TORONTO – TrizecHahn Corp. said second-quarter funds from operations rose to $80.1 million, or 49 cents/share on a fully diluted basis, from $66 million or 41 cents/share the year before.Net income for the quarter, which...

July 27, 1999Ford Credit office cutting back Buffalo operationsBusiness First of Buffalo, July 27BUFFALO – Ford Motor Credit Co.'s Buffalo field office is being scaled back in a strategic plan that creates eight regional centers in North America...

July 27, 1999 Concert hall could create club clashHouston Business Journal, July 27HOUSTON – In an attempt to fill the void created by the closing of Rockefeller's, a local night club owner is building a 500-seat concert venue...

July 27, 1999Coconut Creek site back on marketSouth Florida Business Journal, July 26COCONUT CREEK, Fla.-– Wayne Huizenga has put an 84-acre slice of Coconut Creek back on the market after a deal for the site fell through. Huizenga...

July 27, 1999 BETHESDA, Md. – Host Marriott Corp. (NYSE: HMT) said second quarter funds from operations rose to $152 million or 48 cents/share on a fully diluted basis, from $115 million or 47 cents/share the same period...

July 27, 1999 Reichmanns bid to regain landmark Toronto office towerThe National Post, July 27TORONTO – A company controlled by the Reichmann family is making a bid to reclaim control of First Canadian Place, a 72-story, 2.7 million...

July 27, 1999 HOUSTON – Weingarten Realty Investors (NYSE: WRI) said funds from operations for the second quarter rose to $25.7 million or 96 cents/share on a diluted basis from $23.8 million or 89 cents/share in the same...

July 27, 1999NEW YORK – Starwood Financial Trust (ASE: APT) and TriNet Corporate Realty Trust Inc. (NYSE: TRI) filed with the SEC a joint proxy and registration statement for their pending merger.The terms of their merger remain the...

July 27, 1999 NASHVILLE, Tenn. – Healthcare Realty Trust Inc. (NYSE: HRT) increased its quarterly dividend to 54 cents/share, up from 53.5 cents/share the last quarter.The dividend is payable Aug. 16 to shareholders of record Aug. 6.The REIT...

July 27, 1999 Penske to relocate car dealership Indianapolis Star/News, July 27BROOKLYN, Ind. – During last weekend's U.S. 500 at Michigan Speedway, United Auto Group Inc. leader Roger Penske said Indianapolis' largest car dealership wants to expand service...

July 27, 1999RICHMOND, Va. – Cornerstone Realty Income Trust Inc. (NYSE: TCR), which recently completed its merger with Apple Residential Income Trust, said it renegotiated its credit facility with a group of lenders led by First Union National...

July 27, 1999By Brad Berton, VertiNews Contributing EditorBiotech giant Immunex (NADSAQ:IMNX) has leased 58,500-square-feet at 1015 Third Avenue, the original Seattle City Light headquarters that was recently renovated by Expeditors International (NASDAQ: EXPD) for its home office. Immunex,...