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August 4, 1999 CHICAGO – General Growth Properties Inc.(NYSE: GGP) said funds from operations for the second quarter ended June 30 rose to $40.4 million or 94 cents/share from $28.4 million or 79 cents/share the same period last year. The ...
August 4, 1999 SAN FRANCISCO – AMB Property Corp. (NYSE: AMB) said it plans to funnel the proceeds of its recently completed sale to BBP Retail into distribution centers near large airports and major transportation centers.BPP Retail, a venture between ...
August 4, 1999DALLAS (AP) – Elvis left the building a long time ago and now it appears that the building that once housed the Velvet E, a tacky shrine to the late entertainer, may be leaving as well. It's a ...
July 30, 1999 ANKENY, Iowa (AP) – The Ankeny Exposition Park has been sold for $1.26 million to real estate developers who plan to develop the land for commercial use. The Ankeny-Des Moines Aviation Exposition Association, the nonprofit group that ...
July 29, 1999 CARY, N.C., – Konover Property Trust Inc. (NYSE: KPT) is launching truefinds.com, an online shopping site that will allow retailers at the REIT's properties to market their wares through the internet.Because truefinds.com will operate as a virtual ...
July 28, 1999 FT. WORTH, Texas – Crescent Operating Inc. (Nasdaq:COPI), an affiliate of Crescent Real Estate Equities Co. (NYSE: CEI), has agreed to sell its equity interests in American Airlines Center, the new Dallas sports arena development, and in ...
July 26, 1999 FORT WORTH, Texas – Crescent Real Estate Equities Company (NYSE:CEI), one of the nation's largest real estate investment trusts, said today that certain subsidiaries have agreed in principle to sell its equity and debt interests in the ...
July 26, 1999 DALLAS (AP) – As part of the $24-million deal to buy a minority interest in the Dallas Mavericks, Dallas-based Belo Corp. obtained a 6.19-percent nonvoting interest in The Arena Group, the partnership formed by the Mavericks and ...
July 23, 1999VAIL, Colo. – Vail Resorts Inc. (NYSE: MTN) said it plans to invest some $60 million in resort improvements for its Vail, Breckenridge, Keystone and Beaver Creek mountain resorts this year.Vail resort will get the lion's share of ...
July 23, 1999 NEWPORT BEACH, Calif. – Impac Mortgage Holdings Inc. (Amex: IMH) will hold a conference call on July 26 at 9 a.m. PST to discuss results of its second-quarter financial results.Please call (800) 530-9601. A replay will be ...
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