Subject: REITS -general (REITS)

Peter Kross, who owns 10 percent of Malan Realty's shares, plans to vote with Kensington Investment Group in its effort to install its slate of directors to the REIT's board. Kross' holdings give Kensington nearly 20 percent of Malan's outstanding ...

Chapman Capital, a Los Angeles turnaround specialist, is making a concerted effort to persuade American Community Property Trust to sell its assets. The REIT says it is a family-run business that knows what it's doing.

In what has become a battle of personal sniping, Kensington Investment Group is accusing management of Malan Realty and one of its board members of engaging in "questionable business practices.

April 19, 2000 (NewsTraders.com) – Two heavyweights from Koger Equity (NYSE:KE), including chief executive Thomas Crocker, combined to purchase 175,027 shares of the REIT in March, according to Form 4 documents released April 14 by the SEC.Crocker snapped up 126,270 ...

April 19, 2000 Charles E. Smith Residential Realty, Inc. (NYSE: SRW), an Arlington, Va.-based urban multifamily REIT, started construction of a new 480-unit high-rise apartment building today in downtown Chicago and confirmed its acquisition of a nearby 185-unit building. Including ...

Amli, a Chicago apartment REIT, has been a solid performer during the '90s in terms of earnings growth and is favored by analysts for its early embrace of joint ventures.

April 19, 2000 WEST CONSHOHOCKEN, Pa. – Stephanie Krewson has joined Keystone Property Trust (AMEX:KTR) as vice president and treasurer.In her new position, Krewson will be responsible for capital planning, lender relations, and financial analysis and will report directly to ...

April 18, 2000 PALM BEACH, Fla. – Frederic M. Shaw has left his position as chief operating officer of Innkeepers USA Trust (NYSE: KPA), effective today.Jeffrey H. Fisher, the hotel REIT's chief executive officer, will assume the functions and responsibilities ...

April 14, 2000 WEST CONSHOHOCKEN, Pa. – David G. Hagan has joined Keystone Property Trust (NYSE: KTR) as vice president of development, overseeing the company's Midwestern development platform. That includes the 8 million-square-foot Airtech Park, a 491-acre master planned big ...

April 13, 2000 NEW YORK – Standard & Poor's lowered the corporate rating of JDN Realty Corp. (NYSE:JDN) to double-B from triple-B-minus. The agency has also lowered the ratings of the REIT's unsecured debt and preferred shares. The securities remain ...