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June 6, 2000 NEW YORK – Private real estate investment banking firm W. P. Carey & Co. has named W. Sean Sovak as executive director. In a statement, the firm said that, as a member of W. P. Carey's acquisition ...
June 2, 2000 NEW YORK – Philips International Realty Corp. (NYSE: PHR) has agreed to provide Kimco Income REIT an extension for Kimco to complete its due diligence under contracts pertaining to the sales of certain assets by Philips to ...
May 19, 2000 MANHATTAN BEACH, Calif. – Center Trust Inc. (NYSE: CTA) has named Edward A. Stokx as senior vice president of finance and Stuart J.S. Gulland as chief operating officer.Stokx has served as controller of the company since he ...
May 19, 2000 Equity Office Properties Trust (NYSE: EOP) has filed a Form 424B3 prospectus with the SEC outlining its proposed $4.6 billion acquisition of Cornerstone Properties Inc. (NYSE: CPP).Shareholder meetings will be held June 19 for both Equity Office ...
May 18, 2000 LOUISVILLE, Ky. – Real estate investment trust Ventas Inc. (NYSE: VTR) said today that it has filed its proof of claim of approximately $4 billion in the Vencor Inc. (OTC: VCRI) Chapter 11 bankruptcy proceeding. Filing a ...
May 18, 2000(NewsTraders.com) – Goldman Sachs has downgraded real estate investment trust Westfield America (NYSE:WEA) to "market perform" from "market outperformer" due to price considerations.Further information wasn't readily available.
Kensington, of Orinda, Calif., has apparently won a hard-fought proxy battle for seats on the board of the REIT.
May 18, 2000 SC-U.S. Realty (NYSE: RTY) has purchased 11 parking properties in five cities from Equity Office Properties Trust (NYSE: EOP) through its private strategic real estate investment trust, Urban Growth Property Trust.The price tag for the portfolio was ...
Prudential Insurance is also expected to put up $500 million in debt to help finance Heritage Property Investment's $1.2 billion purchase of Bradley Real Estate.
Heritage Property Investment Trust, a private REIT in Boston, has offered to take Bradley Real Estate private for $22/share. Heritage counts Prudential Insurance among its investors.
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