Subject: REITS -general (REITS)

February 12, 2001 LOS ANGELES – Pacific Theatres Realty has been renamed Robertson Properties Group to encompass the firm's broader mission as a full service real estate company.At the same time, Neil Haltrecht, who has been directing the company's operations ...

First Union Securities, the REIT's financial adviser, will explore either selling the company or the bulk of its assets.

February 9, 2001 PALM BEACH GARDENS, Fla. – Patrick T. Hogan has resigned as vice president and chief financial officer of Correctional Properties Trust (NYSE:CPV).Hogan, who has served as CFO since the prison REIT was formed in February 1998, is ...

February 7, 2001 (NewsTraders.com) – Apartment Investment and Management Co.'s (NYSE:AIV) stock was downgraded Wednesday from accumulate to intermediate-term neutral by a Merrill Lynch analyst because of the chief operating officer's departure.Steve Sakwa said Tom Toomey's exit "cannot be cheerful ...

February 7, 2001 (NewsTraders.com) – BRT Realty Trust (NYSE:BRT) said Wednesday that it has nominated its chief executive officer, Frederick Gould, for a director's slot on the board of Entertainment Properties Trust (NYSE:EPR), a fellow real estate investment trust in ...

February 7, 2001 (NewsTraders.com) – The war of words between investor Robert Chapman and American Community Property Trust (AMEX:APO) appears to have escalated, according to paperwork released by the SEC.In the amended Schedule 13D filing, Chapman, who with affiliates has ...

February 6, 2001DENVER – Tom Toomey has resigned as chief operating officer of Apartment Investment and Management Co. (NYSE:AIV). Meanwhile, the company has promoted two executives.Toomey is leaving "to pursue other interests," the REIT said. "Tom has our thanks and ...

February 6, 2001 SHERMAN OAKS, Calif. – Pacific Property Co. has purchased a 168-unit apartment community for $9.9 million.The company expects to invest another $1.6 million in the Valley Country Club apartments to renovate the property, which will be renamed ...

February 6, 2001 MCLEAN, Va. – Equity Office Properties Trust (NYSE:EOP) will build a $35.7 million six-story building for Booz Allen & Hamilton Inc. that will be part of Booz Allen's existing four-building headquarters complex.Booz Allen has signed a 12-year ...

The five industrial properties, in south and central Florida, total just under 620,000 square feet. While terms of the transaction weren't disclosed, the properties likely fetched between $30 million and $35 million.