389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Subject: REITS -general (REITS)
Investment Group takes 9.5% Stake in G&L Realty
October 20, 2000 An investment group led by Richard Abrons has taken a 9.5 percent stake in health care REIT G&L Realty Corp. (NYSE:GLR).The group bought 222,196 shares in the Beverly Hills, Calif., company, according to a Schedule 13G filed ...
W. P. Carey Group Closes on Acquisition of U.S. Home Corp. Headquarters
October 19, 2000HOUSTON – W.P. Carey & Co. LLC (NYSE: WPC) has acquired the 52,200-square-foot corporate headquarters building of U.S. Home Corp. on behalf of Corporate Properties Associates 14 Inc., a REIT it oversees, for about $7.3 million.Under the terms ...
Housing Survey Finds Favorable Conditions for Apartment Sales
October 19, 2000 WASHINGTON – Apartment building sales, long in decline, are beginning to increase and debt markets continue to favor investments in that sector, according to a survey of the National Multi Housing Council.The survey was conducted via e-mail ...
AvalonBay Rating Upgraded to ‘Buy’ on Strength of Calif. Apartment Market
October 19, 2000 (NewsTraders.com) – Responding to a strong quarterly showing from AvalonBay Communities (NYSE:AVB), PaineWebber analyst Jeff Olson today boosted his recommendation on the apartment REIT to "buy" from "attractive."Wednesday after market close, AvalonBay reported third-quarter funds from operations ...
Israeli Investors Take 19.9% Stake in Equity One
October 19, 2000 An investment group based in Israel said today that it has taken a 19.9 percent stake in Equity One Inc. (NYSE:EQY), just as the REIT disclosed that it is in preliminary discussions with Centrefund Realty Corp. (TSE: ...
Weingarten Realty Investors Names New Vice President
October 18, 2000 HOUSTON – Weingarten Realty Investors (NYSE:WRI) has named Lois Robinson as vice president of property management. Robinson joined Weingarten in early September from Hines, where she was vice president of retail operations.In her new position, Robinson will ...
Boykin Lodging Appoints New VP for Asset & Tenant Management
October 18, 2000 CLEVELAND – Boykin Lodging Co. (NYSE:BOY) has appointed Joseph F. Smith as vice president of asset and tenant management.Smith has been with Boykin Management Co., holding several positions in the field and in the corporate office, including ...
SL Green Unites Management, Construction Units, Hires Roger Kahn
October 18, 2000 NEW YORK – Roger H. Kahn, who most recently headed the management operations of Grubb & Ellis New York, has joined SL Green Realty Corp. (NYSE:SLG) as senior vice president of management and construction.Kahn's hiring comes at ...
Bedford Property Sells Texas Holdings for $26.6 Mln
October 16, 2000 LAFAYETTE, Calif. – Bedford Property Investors Inc. (NYSE:BED) has sold its five remaining Texas properties for $26.6 million.The properties, sold to undisclosed buyers, were: the Great Hills Trail building, with 83,000 sf in Austin, three service-center buildings ...
Bear Stearns Cuts Glenborough Realty
October 13, 2000 (NewsTraders.com) – Bear Stearns analyst Ross Smotrich cut his rating on Glenborough Realty Trust (NYSE:GLB) to "attractive" from "buy" on a slower growth outlook and the belief shares are fairly valued.Despite the rating clip, Smotrich said Glenborough's ...
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