July 21, 1999DENVER – Commercial Assets Inc. (Amex: CAX) declared a regular second quarter dividend of 13 cents per share payable on Aug. 17, to tockholders of record on Aug. 3.
July 21, 1999 SANTA MONICA, Calif. – National Golf Properties (NYSE:TEE) said June 30 second quarter net income was $1.5 million, or $0.12 a share, compared with year-earlier net of $3.5 million, or $0.28 a share. Revenue rose...
July 21, 1999Cushman Realty Corp. has named Eric L. Olofson II senior vice president and managing director of the firm's West Los Angeles office.Olofson joined the firm's West Los Angeles office in 1991 and most recently played a...
July 21, 1999 DENVER – Asset Investors Corp. (NYSE: AIC) declared a second quarter dividend of $0.25 per share, payable Aug. 19 to holders of record Aug.5. Asset Investors is a Denver-based REIT that owns and manages manufactured...
July 21, 1999Construction to Resume on Health CenterFt. Worth Star Telegram, July 21 FORT WORTH – Work is expected to resume this week on the Tarrant County Hospital District's beleaguered center southwest health center, a JPS Health Network...
July 21, 1999 MALVERN, Pa. (VertiNews) – Liberty Property Trust will announce its second quarter earnings before the market closes on Monday, July 26. An analyst conference call will be held Tuesday, July 27 at 2 p.m. Eastern...
July 21, 1999 GLENVIEW, Ill. – Town officials yesterday approved the sale of a 13.5-acre parcel to Dominick's Finer Foods.The company plans to develop and anchor a retail center at the site. Dominick's is owned by Pleasanton, Calif.-based...
July 21, 1999 CUPERTINO, Calif. -- Mission West Properties, Inc. (AMEX/PCX: MSW) reported funds from operations of $14 million, or $0.17 per diluted common share, in the quarter ended June 30. Revenues totaled $20.8 million.Funds from operations for...
July 21, 1999 NEW YORK – PNC Real Estate Finance has provided a $40 million line of credit to Corporate Property Associates 12, a REIT that specializes in the triple-net leasing of commercial and industrial real estate to...
July 21, 1999 DALLAS – Prentiss Properties Trust (NYSE: PP) said second quarter net income was $16.4 million, or $0.39 a share, compared with year-earlier net of $19.1 million, or $0.44 a share. Revenues rose to $73.9 million...
July 21, 1999Marriott built at Baltimore Inner HarborThe Baltimore Sun, July 21BALTIMORE – H&S Properties Development Co. has broken ground on a Courtyard by Marriott in the Inner Harbor area, the first major hotel project in downtown in...
July 21, 1999 CHICAGO – CenterPoint Properties Trust (NYSE: CNT) said second-quarter funds from operations rose to $0.72 per share from $0.63/share last year.Net income before special items dipped to $6.8 million or $0.36/share from $7.5 million, or...
July 20, 1999 DENVER (AP) – Former Denver Broncos quarterback John Elway has joined the well-known real estate investor Donald Sturm and two other partners in an effort to buy the Denver Nuggets, the Colorado Avalanche and their...
July 20, 1999Ringling building may get classyThe Sarasota Herald-Tribune, July 20SARASOTA, Fla. – The owner of an historical building built in 1926 in downtown Sarasota by Charles Ringling, of the Ringling circus family, is looking for upscale tenants...
July 20, 1999 PHILADELPHIA (AP) – If you think the No. 1 tourist spot in Philadelphia is the Liberty Bell, think again. The Franklin Mills discount outlet mall in Northeast Philadelphia drew more tourists last year than the...
July 20, 1999 BlackRock Financial, a unit of PNC Financial of Pittsburgh, was identified as the investor that has agreed to inject up to $200 million of equity into Criimi Mae, according to Commercial Mortgage AlertCriimi, a Rockville,...
July 20, 1999 SAN MATEO, Calif. – Bay View Capital Corp. (Nasdaq: BVC) has made an SEC filing for the resale of 2.8 million of its common shares that will be issued to FMAX Holdings LLC, as payment...
July 20, 1999 Burnham Pacific calls off salesSan Francisco Business Times, July 20Citing only "recent events," San Diego-based Burnham Pacific Properties Inc. has elected not to acquire the final phase of its nearly $1 billion retail property deal...
July 20, 1999 Eaton's denies looking at bankruptcy protection The Ottawa Citizen, July 20TORONTO – T. Eaton Co. (ETN) denies it is considered bankruptcy as part of a plan to restructure itself and save its 64 retail stores...
July 20, 1999 HARTFORD – David J. Ingram, a former vice president in the real estate investment group of Aetna Inc., has joined Allegis Realty Investors LLC as senior vice president in its acquisition unit. Ingram reports to...
July 20, 1999 Carlyle buys part of EG&G San Antonio Express News, July 20SAN ANTONIO – EG&G Management Services of San Antonio Inc., the main contractor for the commercial redevelopment of Kelly AFB, is being sold to Washington,...
July 20, 1999MIAMI – Estoril Inc. said it has retained Insignia/ESG as the leasing agent of Espirito Santo Plaza, a 700,000-square-foot office building that is being built in Miami.The building's anchor tenant will be Espirito Santo Bank, which...
July 20, 1999 Bouchard's Sportswear considering 3rd storeMilwaukee Journal Sentinel, July 20MILWAUKEE – Bouchard's Sportswear is considering the development of a new store in the 2600 block of W. State St. - a central city neighborhood that has...
July 20, 1999 BALA CYNWYD, Pa. – Corporate Office Properties Trust (NYSE:OFC) has acquired two suburban properties in the Princeton, N.J. On June 24, the company acquired Princeton Executive Center, a 61,330 square foot suburban office property located...
July 20, 1999 WHITE PLAINS, N.Y. – Starwood Hotels and Resorts Worldwide Inc. has agreed to buy Vistana, a developer and operator of vacation time-share resorts for $19/share, or $405 million.Vistana, an Orlando, Fla., -based company, Vistana had...
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