Subject: REITS -general (REITS)

October 2, 2000 ATLANTA – Post Properties Inc. (NYSE:PPS) expects that its fully diluted funds from operations per share for the third quarter will be about $0.94, lower than current analysts' expectations of $1.01. The REIT also predicts per share ...

October 2, 2000 First Industrial Realty Trust Inc. (NYSE:FR) has agreed to sell the majority of its portfolio in Long Island, N.Y., one of the eight markets the REIT had identified as an exit market.Though no details of the pending ...

September 29, 2000 NEW YORK – SL Green Realty Corp. (NYSE:SLG) has agreed to buy 1 Park Ave. in Midtown Manhattan in a deal valued at $233.9 million.The REIT is buying the fee interest and certain mortgage interests in the ...

September 29, 2000 W. Fred Williams has resigned as president of JDN Realty Corp.'s (NYSE:JDN) 52-member development and construction group.Williams held the position since March, when he was hired by the REIT to oversee JDN Development Co. Inc.While Williams will ...

A small surface parking lot on Chestnut Street is being offered for $15 million. The level of interest so far for such a small property is indicative of a vastly improved Philadelphia real estate market.

September 28, 2000 The board of directors at Captec Net Lease Realty Inc. (Nasdaq:CRRR) plans to proceed with a possible sale of the company.Based on the recommendation of its financial adviser, Prudential Securities Inc., Captec has formed a committee consisting ...

September 27, 2000 By Thomas J. Walsh, Commercial Real Estate Direct Senior WriterVornado Realty Trust (NYSE:VNO) Chairman and Chief Executive Steven Roth today derided a recently filed lawsuit against his firm by NorthStar Capital Investment Corp. as "completely ridiculous" and ...

September 27, 2000 (NewsTraders.com) – BRT Realty Trust (NYSE:BRT), in its continuing efforts to increase its stake in Entertainment Properties Trust (NYSE:EPR), on Wednesday said it wants to purchase 1.3 million shares for $19.5 million from the theater property REIT.The ...

September 26, 2000 NorthStar Capital Investment Corp., which owns a big stake in the Ian Schrager Hotels chain, is suing Vornado Realty Trust (NYSE:VNO), claiming the REIT's recent purchase of $75 million of its debt could restrict NorthStar from getting ...

September 25, 2000 KENNETT SQUARE, Pa. – ElderTrust (NYSE:ETT) has been notified by the New York Stock Exchange that its total market capitalization and minimum share price have fallen below levels that would allow it to remain listed on the ...