March 29, 2000 LUXEMBOURG – SC-U.S. Realty (NYSE:RTY) has completed its second $100-million share repurchase program bringing the total number of shares repurchased to 10.9 million. It has invested $200 million in its shares.Since last May, the company has bought ...
March 22, 2000 CHICAGO – Equity Office Properties Trust (NYSE:EOP), through its limited operating partnership, has completed issuing $500 million of 8.375 percent senior unsecured notes, due 2006.The sale resulted in net proceeds of about $496 million, which will be ...
March 17, 2000 SAN FRANCISCO – BRE Properties Inc. (NYSE:BRE) is planning to spin off a majority interest in a newly created company called VelocityHSI to shareholders. As a result of the proposed action, all BRE shareholders will receive shares ...
March 15, 2000 Allied Capital Corp. (NASDAQ:ALLC) has filed to sell 466,465 common shares for $7.4 million to an institutional investor. The Form 497 filing was made with the SEC.The filing said that Allied would use the capital for general ...
March 10, 2000 NORTHBROOK, Ill. – Bradley Real Estate Inc. (NYSE:BTR) has raised $75 million through the sale of unsecured notes by its Bradley Operating LP unit.The 8.875 percent notes, which mature on March 15, 2006, were priced at 99.974 ...
March 9, 2000 BIRMINGHAM, Ala. – Colonial Properties Trust (NYSE:CLP) has priced $5 million of unsecured debt by its Colonial Realty LP unit. The medium-term notes, which pay a coupon of 8.8 percent and mature in March 2010, were priced ...
March 8, 2000 Allied Capital Corp. (NASDAQ:ALLC) has filed a prospectus for the sale of 1.6 million common shares. The net proceeds of the share sale – $25.7 million – will be used to pay down the company's credit line, ...
The 20-year-old company is planning to raise up to $350 million for Rockwood Capital Real Estate Partners IV. It has already lined up a credit line is days away from closing on the first $140 million of equity investments.
March 2, 2000 GREENWOOD VILLAGE, Colo. – Chateau Communities Inc. (NYSE:CPJ) plans to buy back up to one million shares of its common shares.Chateau currently has 28.4 million common shares and 3.7 million operating partnership units outstanding.Gary McDaniel, the REIT's ...
February 7, 2000 BIRMINGHAM, Ala. – A subsidiary of Colonial Properties Trust (NYSE:CLP) has priced $25 million of medium-term notes that were issued by its Colonial Realty LP unit.The notes, which were placed by Merrill Lynch, were priced to yield ...
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