Subject: REITS -general (REITS)

July 22, 1999 SEATTLE (AP) – In an interview with CNNfn anchor Beverly Schuch, Chuck Barbo, co-founder and CEO of Shurgard Storage Centers talks about the evolution of his company. The following is an edited transcript of the interview:SCHUCH: A ...

July 22, 1999 NEW YORK – Standard & Poor's Corp. affirmed the triple-B-plus corporate credit rating of Duke-Weeks Realty Corp. as well as the ratings on Duke Realty L.P.At the same time, Standard & Poor's raised its ratings on debt ...

July 20, 1999 BlackRock Financial, a unit of PNC Financial of Pittsburgh, was identified as the investor that has agreed to inject up to $200 million of equity into Criimi Mae, according to Commercial Mortgage AlertCriimi, a Rockville, Md., REIT, ...

July 16, 1999 PHILADELPHIA – Pennsylvania Real Estate Investment Trust (NYSE: PEI) declared a $0.47/share quarterly dividend payable Sept. 15 to shareholders of record Aug. 31.

July 15, 1999 NEWPORT BEACH, Calif.– Health Care Property Investors Inc. (NYSE: HCP) said it completed $62 million of health care real estate investments during the second quarter.For the six months ended June 30, 1999, the company completed investments of ...

July 15, 1999 ROCHESTER, N.Y. – Home Properties (NYSE: HME) said the State of New York Division of Housing and Community Renewal will provide it with $13.6 million of low-income housing tax credits over 10 years and $4.2 million in ...

July 15, 1999 CHARLOTTE, N.C. – Summit Properties Inc.(NYSE: SMT) reported an increase in second-quarter funds from operations to $17.6 million, or 54 cents per share, from $14 million, or 49 cents/share the year before.Latest operating results reflect a change ...

July 15, 1999KING OF PRUSSIA, Pa. – Universal Health Realty Income Trust (NYSE: UHT) reported second-quarter funds from operations of $5.4 million, or 60 cents a share, up from $4.9 million, or 55 cents/share the year before.For the six-month period, ...

Ford provided $100 million of fixed-rate mortgage financing to Capital Automotive.

SL Green said it will pay $93 million for 1250 Broadway in midtown Manhattan. The REIT said it expects the property to generate going-in cash return of about 8.8%.