September 9, 1999 By The Associated PressEDEN, N.C. (AP) - Debt-ridden Pluma is closing its doors in the town of Eden. The maker of fleece and other active-wear products filed for bankruptcy protection earlier this year, will shut down four ...
August 25, 1999 DENVER – The Apartment Investment and Management Company (NYSE: AIV), a real estate investment trust, has agreed to acquire eight apartment communities and partnership interests in two others in Virginia and Maryland, for an aggregate price of ...
August 18, 1999Stadium funding issue for Phillies misses another deadlineThe Philadelphia Daily News, August 18 PHILADELPHIA - Delay after delay has plagued the Philadelphia Phillies and their quest for a new stadium. City officials are now expressing doubt that a ...
August 18, 1999 NEW YORK – Lexington Corporate Properties Trust (NYSE:LXP) paid $19 million for 14040 Park Center Road, a 108,000-square-foot office building in Herndon, Va., that is leased to NEC America for 10 years.The REIT financed the purchase with ...
August 13, 1999Public opinion kills plans to build Richmond Road shopping center The Daily Press, August 13WILLIAMSBURG, Va. – A proposal to build a retail and entertainment center off Richmond Road was withdrawn minutes before the City Council was set ...
August 11, 1999Plan to build library branch at Balch Institute popularThe Philadelphia Inquirer, August 11 PHILADELPHIA – An historical neighborhood located between Old City and Society Hill is getting a new resident, much to the delight of the community. A ...
August 11, 1999 Alexandria, Va. (AP) - If you've been to the new Potomac Yard shopping center on a weekend afternoon, you already know how messy the traffic situation can be. Now comes word that it'll only get worse. A ...
July 27, 1999 ARLINGTON, Va. – Charles E. Smith Residential Realty Inc. (NYSE:SRW) said second-quarter funds from operations was $18 million or 81 cents/share, up from $14.2 million or 73 cents/share in the same quarter last year.Net income for the ...
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 Bank.It now ...
July 26, 1999 RICHMOND, Va. – Cornerstone Realty Income Trust Inc. (NYSE: TCR) completed its merger with Apple Residential Income Trust Inc. Under the merger, Apple shareholders received 0.40 of a share of Cornerstone $25 Series A convertible preferred stock ...
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