June 22, 2005 The operating partnership affiliate of Reckson Associates Realty Corp. (NYSE:RA) has priced $250 million of exchangeable senior debentures through Citigroup. The debentures pay a coupon of 4 percent and are exchangeable into Reckson common shares after June ...
June 21, 2005 Fitch Ratings has upgraded two classes of Chase Commercial Mortgage Securities Corp., 1997-1, because of improved subordination levels. The deal's balance is $289.7 million, down from $533.8 million at issuance. In addition, 4.15 percent of the deal ...
June 3, 2005 Camden Property Trust yesterday priced a $250 million issue of senior unsecured bonds through joint bookrunners Deutsche Bank and Wachovia Securities. The 10-year notes carry a coupon of 5 percent and were priced at 99.369 percent of ...
June 3, 2005 Kimco Realty Corp. has priced $200 million of unsecured notes through bookrunners UBS Investment Bank, Merrill Lynch and Wachovia Securities.The New Hyde Park, N.Y., REIT priced the nine-year notes at par to yield 4.82 percent, or 92 ...
June 3, 2005 Simon Property Group earlier this week priced $1 billion of unsecured notes through underwriters Banc of America Securities, Credit Suisse First Boston and Morgan Stanley.The bonds, upsized from an originally proposed $500 million, were sold in two ...
May 27, 2005 Ventas Inc. (NYSE:VTR) has priced two classes of senior notes totaling $350 million in private placements.The Louisville, Ky., healthcare REIT priced a $175 million tranche of notes due 2010 at par to yield 6.75 percent, or 293 ...
May 26, 2005 Post Properties Inc. has priced $100 million of senior unsecured notes through underwriters led by Wachovia Securities and Merrill Lynch.The notes, which mature in 2012, carry a coupon of 5.45 percent. They were priced at 99.925 percent ...
May 13, 2005 BRE Properties Inc. (NYSE:BRE) has priced $150 million of unsecured notes through bookrunners JPMorgan Chase Securities and Banc of America Securities. The San Francisco REIT's notes, which mature in 2010, were rated triple-B by S&P and Fitch ...
April 29, 2005 United Dominion Realty Trust Inc. (NYSE:UDR) has floated another $50 million of unsecured notes.The offering would be the third this year for the Highland Ranch, Colo., REIT. So far it has issued $250 million of notes under ...
April 27, 2005 Health Care REIT Inc. (NYSE:HCN) has priced a $250 million issue of unsecured notes. The Toledo, Ohio, REIT priced the 10-year notes at 99.711 percent of par to yield 5.913 percent, or 165 basis points over Treasuries. ...
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