David Simon Passes Away After Battle with Cancer
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Brookfield Revives GGP Name for Malls
January 7, 2026
Subject: REITS -general (REITS)
Smith Residential Buys Apartment Communities for $58 Mln
November 17, 2000 ARLINGTON, Va. – Charles E. Smith Residential Realty Inc. (NYSE:SRW) has acquired two multifamily properties, one in Florida and the other in Virginia, for $58 million.The multifamily REIT purchased the 240-unit New River Village apartment complex in ...
Franklin Select Realty Trust to Pay Final Liquidating Distribution
November 16, 2000 SAN MATEO, Calif. – Franklin Select Realty Trust (OTC BB:FSNR) has declared a a final liquidating distribution of $1.24 per share. The distribution will be paid on Dec. 11 to shareholders of record Dec. 1. Thereafter, the ...
McDonald Downgrades Banyan Strategic Realty to Hold
November 16, 2000 (NewsTraders.com) – Banyan Strategic Realty Trust (Nasdaq:BSRTS) was marked down to hold from buy Thursday by McDonald Investments analyst Anatole Pevnev.Pevnev said he downgraded the Chicago-based REIT primarily due to its impending liquidation, which has caused the ...
Standard & Poor’s Makes Change to its REIT Index
November 15, 2000 NEW YORK – Standard & Poor's is dropping Pacific Gulf Properties (NYSE:PAG) from its S&P REIT Composite Index and replacing the company with PS Business Parks (AMEX:PSB).Pacific Gulf shareholders earlier this month approved the company's sale of ...
La Salle Hotel Properties to Become Self-Managed Beginning in 2001
November 15, 2000 BETHESDA, Md. – The board of trustees at LaSalle Hotel Properties (NYSE:LHO) has decided to emerge from under the wing of Jones Lang LaSalle Inc. (NYSE:JLL) to become a self-managed REIT, beginning Jan. 1, 2001.LaSalle Hotel Properties ...
Malan Realty Investors Expands Board of Directors
November 14, 2000 BINGHAM FARMS, Mich. – Malan Realty Investors Inc. (NYSE:MAL) has elected Edward J. Russell III to its board of directors. Russell – managing partner of Russell Development Co. in Grosse Pointe Farms, Mich. – directly holds 17,000 ...
Equity Inns Raises $108.8 Mln of Mortgage Debt, Replaces Line
November 14, 2000 GERMANTOWN, Tenn.– Equity Inns Inc. (NYSE:ENN) has raised $108.8 million of financing, allowing it to refinance its credit line.The hotel REIT raised $69.7 million of 10-year financing with an 8.25 percent rate from GE Capital; $36 million ...
Essex Buys Apartments in Portland, Ore., Suburb
November 14, 2000 LAKE OSWEGO, Ore. – Essex Property Trust Inc. has purchased a 256-unit apartment complex in Lake Oswego, Ore., for a contract price of $17.5 million, or about $68,360/unit.Hunt Club Apartments consists of 128 one-bedroom/one bathroom units, 53 ...
Merrill Hikes Boston Properties to I-T Buy From Accumulate
November 14, 2000 (NewsTraders.com) – Boston Properties (NYSE:BXP) was shifted up to intermediate-term buy from accumulate today by Merrill Lynch analyst Steve Sakwa, who based the move on the strength of the REIT's asset base and related factors.Sakwa said that ...
Glenborough Realty CEO Bought 27,900 Shares in October
November 14, 2000 (NewsTraders.com) – Glenborough Realty Trust (NYSE:GLB) Chairman and Chief Executive Robert Batinovich purchased 27,900 shares of the San Mateo, Calif.-based REIT in October, according to a Form 4 filing.The executive bought the shares on Oct. 18 and ...
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