Glimcher to Purchase Interests in 2 Malls, Shares
February 28, 2001 COLUMBUS, Ohio – Glimcher Realty Trust (NYSE:GRT)has agreed to purchase the $34 million Series A-1 convertible preferred shares of GRT and $56 million Series D convertible preferred shares of GRT.The company also will purchase a 40...
Morgan Stanley Works on $775 Mln of Mortgage Debt for Mills
The retail REIT has tapped Morgan Stanley for $355 million of mortgage debt for its Potomac Mills and Gurnee Mills properties. Morgan is also close to completing another $420 million of mortgage financing.
Captec Net Lease Realty Extends Credit Line
February 28, 2001 ANN ARBOR, Mich. - Captec Net Lease Realty Inc. (NYSE:CRRR) has closed a nine-month extension of its extension credit facility.The terms include an increase in the borrowing rate spread over Libor; rates will range from Libor...
Southcentral Regional Digest (2/27/01): RadioShack buys Ripley Arnold complex in Fort Worth, Texas,
February 27, 2001 RadioShack buys Ripley Arnold complex for $20 Mln.Fort Worth (Texas) Star-TelegramFORT WORTH, Texas – RadioShack Corp. has entered a contract to buy Ripley Arnold, the 60- year-old downtown public housing complex. The company agreed to pay...
Goldman Sachs Ramping Up 8th Whitehall Fund
The Whitehall 2001 Global Fund is said to be targeting in the neighborhood of $2 billion to $2.5 billion of equity capital, with a first-stage launch date set for April.
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