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New City Residence Becomes 1st Failed REIT in Japan
New City, listed on the Tokyo Stock Exchange, left liabilities of about 112.3 billion yen.
The South Mississippi Sun Herald
Mission West Properties Closes $115,000,000 Secured Loan
Mission West Properties, Inc. reported today that it completed a $115,000,000 financing secured by 20 properties comprised of approximately 1,600,000 square feet with various entities of Hartford Insurance ...
Time to Pick Up the Pieces of the Global REIT Thud
One of the biggest casualties of the global financial crisis is the big bust now underway in REITs, or real estate investment trusts.
MHI Hospitality Corporation Announces Completion of Crowne Plaza(R) Conversion for Hampton Hotel
MHI Hospitality Corporation announced today that the Company has completed the conversion of its Hampton, Virginia hotel to the Crowne Plaza brand, pursuant to a 10-year franchise agreement through its ...
Grubb & Ellis Healthcare REIT has acquired a five-property medical office portfolio totaling 224,000 sf, and another Orange County-based nontraded REIT-Ladera Ranch, CA-based Strategic Storage Trust Inc.-has ...
REITs That Are Holding up Well
Bottom line: Share most decisions, but keep a few accounts and assets separate. Sell Your Home Fast Even in a crummy market, you can close the deal if you have prepped it well and you have priced it right.
Entertainment Properties Trust Third Quarter 2008 Earnings Conference ...
The management of Entertainment Properties Trust will host a conference call to discuss the Company's financial results on Wednesday, October 29, 2008 at 10:00 a.m. Central Time.
AmREIT Unveils Strategic Plan for 'REIT Conformity' as Irreplaceable Corner Shopping Center Company
Vision 2010: Vision 2010 is a strategic plan designed to bring AmREIT into conformity with similarly situated REITs that have invested in high-end retail properties.
Ramco-Gershenson Announces the Extension of Its $150 Million Unsecured Revolving Credit Facility
The Company, at its option, can further extend this facility through 2010, which is coterminous with the Company's $100 million unsecured term loan credit facility.
The Waterbury Connecticut Republican
General Growth leads REITs down on debt concern
General Growth Properties Inc., owner of the Brass Mill Center mall in Waterbury, led shares of U.S. shopping center owners lower on concern over the company's ability to repay its debt.
InStorage cuts distribution, buying InScotia
InStorage Real Estate Investment Trust is cutting its distributions to unitholders while paying $69 million to acquire development partner InScotia Developments Limited Partnership.
RAIT Investment Trust has acquired Pinnacle Capital Group , a Philadelphia real estate finance company that's been instrumental in nearly a half-billion-dollars in deals in recent years.
General Growth shares fall 45%; biggest NYSE decliner
"The REIT's stress is mostly due to over-leveraging acquisitions in the past five years," Stifel Nicolaus analysts wrote in a note.
Landlord Stocks: 3 Monthly Paying REITs
Will Rogers once said, "Buy Land. They aren't making any more of the stuff." This could explain why so many get-rich-quick schemes focus on real estate investment.
HandR REIT announces completion of plan of arrangement
1 /CNW/ - H&R Real Estate Investment Trust announced today that the internal reorganization of the REIT, which was approved by the REIT's unitholders at a special meeting on September 19, 2008, has been ...
Behringer Harvard buys properties in the Czech Republic, Hungary 11:44 Am CT
Addison-based real estate investment firm Behringer Harvard said Monday that it has expanded its global holdings by buying seven properties in the Czech Republic and Hungary.
Axis to inject RM300mil assets over next two years
AXIS REIT Managers Bhd has lined up more than RM300mil worth of assets to be injected into Axis real estate investment trust over the next two years.
Irving hotel company FelCor looks for revival
The stretch of Southern California shoreline made famous in the Beach Boys' 1960s hit Surfin' U.S.A. is the proving ground for Chief Executive Richard Smith's plan to revive FelCor Lodging Trust, the Irving ...
REIT asset gains do an about-face
Managers of real estate investment trust securities saw their total assets drop 8.4% to $229 billion in the 12 months ended June 30.
FelCor Wields $599-a-Night Rooms on Beach Boys' Shore to Stop Share Plunge
The stretch of southern California shoreline made famous in the Beach Boys' 1960s hit ``Surfin' U.S.A.'' is the proving ground for Chief Executive Officer Richard Smith 's plan to revive FelCor Lodging Trust ...