REIT Newswire
1 - Camden Property Trust Announces Participation in 2009 Bank of America Merrill Lynch Global Real Estate Conference
HOUSTON-(Business Wire)-September 29, 2009 - Camden Property Trust (NYSE:CPT) today announced that the Company will participate in the 2009 Bank of America Merrill Lynch Global Real Estate Conference being held September 30-October 1, 2009 in New York. Richard J. Campo, Camden’s Chairman and Chief...
2 - UDR Declares Quarterly Dividends
DENVER-(Business Wire)-September 29, 2009 - UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust, today announced that its Board of Directors declared a regular quarterly dividend on its common stock for the third quarter of 2009 in the amount of $0.18, payable in cash, on...
3 - Colonial Properties Trust Commences Common Share Offering
BIRMINGHAM, Ala.-(Business Wire)-September 29, 2009 - Colonial Properties Trust (NYSE: CLP) today announced that it has commenced a public offering of 9,000,000 of its common shares. The Company plans to use the net proceeds from the offering to repay a portion of the outstanding balance under its...
4 - Sovran Self Storage Announces Launch of a Public Offering of Common Stock
BUFFALO, N.Y.-(Business Wire)-September 29, 2009 - Sovran Self Storage, Inc. (the "Company"), (NYSE:SSS), a self-storage real estate investment trust (REIT), announced today that it has commenced a public offering of 3,000,000 shares of common stock. The underwriters will be granted a 30-day...
5 - Marsh Launches Global Risk Management Information System for Commercial Real Estate Firms
NEW YORK-(Business Wire)-September 29, 2009 - As commercial real estate firms work to navigate the numerous challenges associated with the global economic downturn, Marsh, the world’s leading insurance broker and risk advisor, has developed a cost-effective Web-based risk management information...
6 - Capstead Mortgage Selects TPG Software
HOUSTON-(Business Wire)-September 29, 2009 - TPG Software, Inc., a leading provider of financial accounting software and services, today announced that Capstead Mortgage Corporation has selected TPG’s complete suite of financial accounting software, including trade capture, investment and...
7 - Sharp Equity Opens Trustee Sales to More Investors Through Bid Service Program
PHOENIX-(Business Wire)-September 29, 2009 - On Monday September 21st, 2,100 homes went to the trustee auctions on the Maricopa County Court House steps, an all-time high. Realtors, investors, savvy home buyers and residential home flippers are in a great position to take advantage of the incredible...
8 - Post Properties Announces Dismissal of Lawsuit Regarding Alleged Violations of the Fair Housing Act and Americans with Disabilities Act
ATLANTA-(Business Wire)-September 29, 2009 - Post Properties, Inc. (NYSE: PPS) announced today that the United States District Court for the District of Columbia has dismissed in its entirety the lawsuit filed against the Company by the Equal Rights Center alleging various violations of the Fair...
9 - Bethe Joins Kennedy Wilson as Senior Managing Director
BEVERLY HILLS, Calif.-(Business Wire)-September 29, 2009 - Donald J. Herrema, Executive Vice Chairman and CEO of the recently formed division Kennedy Wilson Capital Markets, announced today that the company has hired Donald M. Bethe to serve as Senior Managing Director of the division. Bethe will be...
10 - Equity One, Inc.’s Third Quarter 2009 Earnings Conference Call to Be Held on Thursday, November 5, 2009 at 9:00 a.m. EST
NORTH MIAMI BEACH, Fla.-(Business Wire)-September 29, 2009 - Equity One, Inc. (NYSE:EQY) announced today that it will release its 2009 third quarter earnings on Wednesday, November 4, 2009 after the market close. On Thursday, November 5, 2009 at 9:00 a.m. EST, Equity One’s senior officers will...
11 - Equity Residential to Participate in Bank of America Merrill Lynch Global Real Estate Conference
CHICAGO-(Business Wire)-September 29, 2009 - Equity Residential (NYSE: EQR), today announced that the company will participate in the Bank of America Merrill Lynch Global Real Estate Conference. David J. Neithercut, the company’s President and CEO, will participate in a panel discussion at the...
12 - Equity Residential Announces Creation of ATM Share Offering Program
CHICAGO-(Business Wire)-September 29, 2009 - Equity Residential (NYSE: EQR), today announced that the company has created an At-The-Market (ATM) share offering program through which it could sell up to 17 million common shares. The shares would be offered through BofA Merrill Lynch, J.P. Morgan...
13 - Ventas to Participate in the 2009 Bank of America Merrill Lynch Global Real Estate Conference
CHICAGO-(Business Wire)-September 28, 2009 - Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) said today that management will participate in a panel discussion at the 2009 Bank of America Merrill Lynch Global Real Estate Conference in New York, New York on Wednesday, September 30...
14 - Washington Real Estate Investment Trust Announces 3rd Quarter 2009 Earnings Release Date and Conference Call Information
ROCKVILLE, Md.-(Business Wire)-September 28, 2009 - Washington Real Estate Investment Trust (WRIT) (NYSE:WRE) will announce 3rd Quarter 2009 Earnings in a Press Release to be issued on Thursday, October 22, 2009, after the market close. The Conference Call for 3rd Quarter Earnings is scheduled for...
15 - Weingarten Realty Investors to Present at Bank of America Merrill Lynch Global Real Estate Conference
HOUSTON-(Business Wire)-September 28, 2009 - Weingarten Realty Investors (NYSE:WRI) announced today that the Company will participate in the Bank of America Merrill Lynch Global Real Estate Conference being held September 30 - October 1, 2009 in New York. Andrew M. Alexander, Weingarten’s Chief...
16 - Potlatch Announces Third Quarter 2009 Results and Webcast Conference Call
SPOKANE, Wash.-(Business Wire)-September 28, 2009 - Potlatch Corporation (NYSE: PCH) has scheduled its Third Quarter Webcast and Conference Call for Tuesday, October 27, 2009, at 8 a.m. Pacific time (11 a.m. Eastern). Results for the third quarter of 2009 will be released via Business Wire before...
17 - Post Properties Announces Exercise of Over-Allotment Option
ATLANTA-(Business Wire)-September 25, 2009 - Post Properties, Inc. (NYSE: PPS) announced today that the underwriters of its previously announced public offering of common stock have fully exercised their over-allotment option to purchase 525,000 additional shares of common stock. The option was...
18 - Forestar Group Inc. Names Phil Weber Executive Vice President – Real Estate
AUSTIN, Texas-(Business Wire)-September 25, 2009 - Forestar Group Inc. (NYSE: FOR) today announced that Phil Weber has joined the company as Executive Vice President - Real Estate. In this position, he will be responsible for identifying and developing business opportunities, including...
19 - Pacific Office Properties Trust Announces Exchange of Debt for Shares
LOS ANGELES-(Business Wire)-September 25, 2009 - Pacific Office Properties Trust, Inc. (NYSE Amex: PCE), a West Coast office REIT, announced today that it has issued shares of common stock to certain related parties in exchange for the cancellation of debt of Pacific Office Properties, L.P, the...
20 - Weingarten Realty Investors Announces Third Quarter Earnings Release and Conference Call Dates
HOUSTON-(Business Wire)-September 25, 2009 - Weingarten Realty Investors (NYSE:WRI) announced today that its third quarter 2009 earnings will be released before the market opens on Monday, October 26, 2009. Senior Management will host a conference call that day at 10:00 a.m. (Central Standard Time...
21 - UDR Announces Dates for Third Quarter 2009 Earnings Release and Conference Call
DENVER-(Business Wire)-September 25, 2009 - UDR, Inc. (NYSE: UDR) announced today that it will release its third quarter 2009 financial results on Monday, October 19, 2009 after the market close. A conference call will be held, Monday, October 19, 2009 at 5:00 p.m. Eastern time. The conference...
22 - Wells Real Estate Funds Named Atlanta’s “Best Place to Work”
NORCROSS, Ga.-(Business Wire)-September 25, 2009 - Wells Real Estate Funds today was named Atlanta’s “Best Place to Work” among midsize companies, by the Atlanta Business Chronicle. It’s the company’s fifth appearance among the finalists in the newspaper’s prestigious annual rankings...
23 - Morgan Properties Shines Bright at Gala Hosted by The Apartment Association of Central Pennsylvania
KING OF PRUSSIA, Pa.-(Business Wire)-September 25, 2009 - Last evening, The Apartment Association of Central Pennsylvania (AACP) held its 2009 Best of Living Awards Gala. Morgan Properties received 28 awards including Property Manager of the Year, Maintenance Supervisor of the Year and Maintenance...
24 - Foundation Construction Payroll Service Expands Service Offerings to Contractors in All 50 States
CLEVELAND-(Business Wire)-September 25, 2009 - Foundation Construction Payroll Service (FCPS), a company that offers payroll processing, tax filing and construction reporting services to the construction industry, has recently expanded its market presence to contractors on a national level. FCPS...
25 - Self Storage Association Members are Pro-active with Homeland Security & Local Police to Thwart Terrorism
ALEXANDRIA, Va.-(Business Wire)-September 25, 2009 - The Self Storage Association (SSA), in coordination with the Department of Homeland Security (DHS) this week formally alerted its 6,000 member-companies, its affiliated state associations – and their thousands of member- companies – and...
26 - SunEdison Receives Its First Grant Under Section 1603 of The American Recovery and Reinvestment Act
WASHINGTON-(Business Wire)-September 24, 2009 - On September 21, 2009, SunEdison, North America’s largest solar energy services provider, received its first grant in lieu of investment tax credit under Section 1603 of the American Recovery and Reinvestment Act (Recovery Act). Following the award...
27 - Prime Group Realty Trust Announces Sale of Extended Stay Investment, Release of Citicorp Loan and Grant of Summary Judgment in Prime/Mansur Litigation
CHICAGO-(Business Wire)-September 24, 2009 - Prime Group Realty Trust (NYSE: PGEPRB)(the “Company”) today announced that PGRT ESH, Inc. (“PGRT ESH”), a wholly-owned subsidiary of the Company, sold its membership interests in BHAC Capital IV, L.L.C. (“BHAC”), an entity which owns 100...
28 - Boston Properties to Participate in the Bank of America Merrill Lynch Global Real Estate Conference
BOSTON-(Business Wire)-September 24, 2009 - Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today that Michael E. LaBelle, Chief Financial Officer, will participate on a panel at the Bank of America Merrill Lynch Global Real Estate Conference in New York City on...
29 - Kimco Realty Corporation Completes $300 Million 6.875% 10-Year Unsecured Senior Note Offering
NEW HYDE PARK, N.Y.-(Business Wire)-September 24, 2009 - Kimco Realty Corporation (NYSE: KIM) today announced the closing of its public offering of $300 million 10-year unsecured senior notes due 2019 at a coupon of 6.875 percent per annum. The notes, which were priced at 99.84 percent to yield...
30 - Kilroy Realty’s Third Quarter 2009 Earnings Conference Call
LOS ANGELES-(Business Wire)-September 24, 2009 - Kilroy Realty Corporation (NYSE:KRC) has scheduled its quarterly conference call to discuss its third quarter financial results on Tuesday, October 27, 2009 at 11:00 a.m. PT (2:00 p.m. ET). The phone number for the call is 888-679-8038, passcode...
31 - Ponte Vedra Beach, Florida Condominiums to Sell at Real Estate Auction
PONTE VEDRA, Fla.-(Business Wire)-September 24, 2009 - Summer House in old Ponte Vedra condominiums, a short distance from Jacksonville and St. Augustine, Fla., has chosen J.P. King Auction Co. to sell 23 condo units at real estate auction with 12 selling absolute with no minimums or reserves...
32 - KB Home Names Ben Redman President of Arizona Division
PHOENIX-(Business Wire)-September 24, 2009 - KB Home (NYSE: KBH), one of America’s premier homebuilders, today announced that Ben Redman has been named president of its Arizona division. In this role, Redman assumes responsibility for all of the Company’s homebuilding operations throughout the...
33 - Lanahan & Reilley, LLP, 'Best Law Firm of 2008,' Joins Estate Planning Team to Offer Clients Deferred Sales Trust as an Alternative to a 1031 Exchange
SANTA ROSA, Calif.-(Business Wire)-September 24, 2009 - Lanahan & Reilley, LLP, a leading law firm located in Santa Rosa with offices on Montgomery Street in San Francisco, recently joined the Estate Planning Team as a Deferred Sales Trust™ (DST) licensee, announced Robert Binkele, CEO of...
34 - Butzel Long Advises Parsons Brinckerhoff Inc. in Acquisition by Balfour Beatty plc
NEW YORK-(Business Wire)-September 24, 2009 - Butzel Long is acting as special counsel to Parsons Brinckerhoff Inc. in connection with the merger agreement recently announced with Balfour Beatty plc. Balfour Beatty has agreed to buy Parsons Brinckerhoff for approximately $626 million. Parsons...
35 - Post Properties Prices Common Stock Offering
ATLANTA-(Business Wire)-September 24, 2009 - Post Properties, Inc. (NYSE: PPS) announced today that it has priced its public offering of 3,500,000 shares of common stock at a price to the public of $17.75 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up...
36 - Health Care REIT, Inc. Announces Expiration of Cash Tender Offer for Any and All of Its Outstanding 8.00% Senior Notes Due 2012
TOLEDO, Ohio-(Business Wire)-September 24, 2009 - Health Care REIT, Inc. (NYSE:HCN) announced today the expiration of its tender offer (the “Offer”) to purchase for cash any and all of its outstanding 8.00% Senior Notes due 2012 (the “Notes”). The Offer expired at 5:00 p.m. Eastern Time on...
37 - Plum Creek Concept Plan in Maine Approved; Nearly 400,000 Acres of Forests to Be Permanently Conserved
SEATTLE-(Business Wire)-September 24, 2009 - Plum Creek Timber Company, Inc. (NYSE:PCL) today announced that The Maine Land Use Regulation Commission (LURC) has approved the company’s Concept Plan for the Moosehead Lake Region. The final Plan addresses conservation, ecological resources...
38 - Suffolk Construction Company Acquires William A. Berry & Son to Create One of The Top 20 Largest Construction Firms in the Country
BOSTON-(Business Wire)-September 24, 2009 - Suffolk Construction Company, New England’s largest construction company announced today that they have acquired William A. Berry & Son (Berry), the second largest construction company in the region. The two premier companies, both with deep New...
39 - Apollo Commercial Real Estate Finance, Inc. Announces Pricing of Initial Public Offering of Common Stock
NEW YORK-(Business Wire)-September 24, 2009 - Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) announced today the pricing of an underwritten initial public offering of 10,000,000 shares of its common stock, at a price to the public of $20.00 per share, for gross proceeds of $200 million. ARI...
40 - Weingarten Realty Breaks Ground on Surf City Crossing
SURF CITY, N.C.-(Business Wire)-September 23, 2009 - Weingarten Realty (NYSE:WRI) announced today that the company broke ground on a new 70,000 square foot shopping center. Named Surf City Crossing, Mayor Zander Guy and member of the Greater Topsail Area Chamber of Commerce and Tourism helped...
41 - Post Properties Announces Common Stock Offering
ATLANTA-(Business Wire)-September 23, 2009 - Post Properties, Inc. (NYSE: PPS) announced today that it has commenced a public offering of 3,000,000 shares of its common stock. In connection with the offering, the underwriters will be granted a 30-day option to purchase up to 450,000 additional...
42 - Vornado Announces Public Offering of $400 Million 7.875% Callable Senior Unsecured 30-Year Notes
PARAMUS, N.J.-(Business Wire)-September 23, 2009 - Vornado Realty Trust (NYSE:VNO) today announced that Vornado Realty L.P., the operating partnership through which it conducts its business, has priced an offering of $400 million aggregate principal amount of 7.875% callable senior unsecured...
43 - Jonathan Rose Companies Announces the Close of Rose Smart Growth Investment Fund I
NEW YORK-(Business Wire)-September 23, 2009 - Jonathan Rose Companies announced the closing of its Rose Smart Growth Investment Fund I, the nation’s first fund dedicated to acquiring income producing real estate near transit or in walkable communities, and to transforming these assets with green...
44 - Inland Real Estate Corporation Announces Date of Third Quarter 2009 Earnings Release, Conference Call and Webcast
OAK BROOK, Ill.-(Business Wire)-September 22, 2009 - Inland Real Estate Corporation (NYSE: IRC) today announced that it will release its third quarter financial and operational results on Wednesday, November 4, 2009, prior to 8:30 a.m. CT (9:30 a.m. ET), before trading opens on the New York Stock...
45 - Hatteras Financial Corp. Board Declares Third Quarter 2009 Dividend of $1.15 Per Share
WINSTON SALEM, N.C.-(Business Wire)-September 22, 2009 - The Board of Directors of Hatteras Financial Corp. (NYSE: HTS) (“Hatteras” or the “Company”) today declared a quarterly dividend of $1.15 per common share for the third quarter of 2009. The dividend will be paid on October 23, 2009, to...
46 - Bryant Back Bay to Hold First-of-its-Kind Million Dollar Auction for New Construction Luxury Condominium Residences
BOSTON-(Business Wire)-September 22, 2009 - On behalf of Vornado Realty Trust, Domineum Global Real Estate Solutions (Domineum) and Accelerated Marketing Partners (AMP) today announced the country’s first high-rise real estate auction for multiple million-dollar-plus residences in a new...
47 - REFM Launches to Meet Growing Demand in Real Estate for Fundamentals-Based Analytical, Investment and Educational Resources
WASHINGTON-(Business Wire)-September 22, 2009 - Arlington, VA-based Real Estate Financial Modeling (REFM) officially launched this week to meet the growing demand in the real estate professional and educational realms for new and improved fundamentals-based, quantitative real estate development...
48 - New Team Joins PREI® to Expand U.K. Platform
LONDON-(Business Wire)-September 22, 2009 - Prudential Real Estate Investors has hired a team of real estate professionals to expand its commercial real estate platform in the U.K. and introduce a series of U.K .property funds. The team includes Charles Crowe, Paul Dennis-Jones and Andrew Grigson...
49 - EnOcean HVAC Controls Neutralize Highest Electricity Rate in the United States
SAN RAMON, Calif.-(Business Wire)-September 22, 2009 - The EnOcean Alliance and two of its 120 members, Echoflex Solutions and Illumra, combined to take on high energy prices in Hawaii. The solution for the Kahana Falls hotel was discovered on the demand side of energy management. By automating...
50 - Colonial Properties Trust Announces Date of Third Quarter 2009 Conference Call
BIRMINGHAM, Ala.-(Business Wire)-September 22, 2009 - Colonial Properties Trust (NYSE: CLP) today announced plans to issue its third quarter 2009 earnings before the market opens on Thursday, October 29, 2009, and will host a teleconference the same day at 1:00 p.m. CT. Colonial Properties Trust...
51 - Golden Square and Golden Villas Open in Pompano Beach
POMPANO BEACH, Fla.-(Business Wire)-September 22, 2009 - Water front views, Energy-Star appliances, cultured marble vanities and ceramic tile floors are just a few of the amenities that allow the Housing Authority of Pompano Beach and Pinnacle Housing Group to redefine the notion of affordable...
52 - Chimera Investment Corporation Announces 3rd Quarter Dividend of $0.12 per Share
NEW YORK-(Business Wire)-September 21, 2009 - The Board of Directors of Chimera Investment Corporation (NYSE:CIM) declared the third quarter 2009 common stock cash dividend of $0.12 per common share. This dividend is payable October 30, 2009 to common shareholders of record on October 1, 2009. The...
53 - UDR, Inc. Announces Second Draw of $89 Million on Fannie Mae Credit Facility
DENVER-(Business Wire)-September 21, 2009 - UDR, Inc. (NYSE: UDR) today announced the terms of the second draw on its recently closed $200 million secured credit facility with Fannie Mae (NYSE:FNM) in the amount of $89 million. The 10-year, interest only debt has a fixed annual interest rate of...
54 - Stewart Launches Short Sale Management Center
HOUSTON-(Business Wire)-September 21, 2009 - Stewart Lender Services (SLS), a wholly owned subsidiary of Stewart Title Company, has announced the launch of a dedicated Short Sale Management Center. The Short Sale Management Center is a combination of dedicated professionals and industry-leading...
55 - RMR Asia Pacific Real Estate Fund Announces Record Date of Special Meeting of Shareholders
NEWTON, Mass.-(Business Wire)-September 21, 2009 - RMR Asia Pacific Real Estate Fund (NYSE Amex: RAP) today announced that a Special Meeting of Shareholders (the “Meeting”) to seek approval of a new investment sub-advisory agreement among RAP, RMR Advisors, Inc. (“RMR Advisors”) and...
56 - RMR Real Estate Income Fund Announces Regular Quarterly Distribution to Common Shareholders
NEWTON, Mass.-(Business Wire)-September 21, 2009 - RMR Real Estate Income Fund (NYSE Amex: RIF) today announced its regular quarterly distribution to common shareholders. The distribution of $0.40 per common share will be paid on or about October 15, 2009 to holders of record of common shares as...
57 - Kite Realty Group Trust to Report Third Quarter 2009 Financial Results on November 5, 2009
INDIANAPOLIS-(Business Wire)-September 21, 2009 - Kite Realty Group Trust (NYSE: KRG) announced today that it will release financial results for the quarter ended September 30, 2009 after the market closes on Thursday, November 5th. The Company will conduct a conference call to discuss its financial...
58 - Kennedy Wilson Auction Groups Takes Canada By Storm
BEVERLY HILLS, Calif.-(Business Wire)-September 21, 2009 - Kennedy Wilson Auction Group, a division of the international real estate services and investment firm Kennedy Wilson, is bringing auction fever to the Great White North. It will be conducting the auction of 40 luxury condominiums situated...
59 - Walton Completes Land Syndication for Walton Europe Ottawa 3
CALGARY & HAMBURG-(Business Wire)-September 21, 2009 - Walton International Group Inc. announced today the successful completion of unit placements in Walton Europe Landentwicklung Ottawa 3 GmbH & Co. (KG). Walton Europe Ottawa 3 had completed transactions through the early part of this...
60 - EPIC Enters Joint Venture to Form “Healthcare” REIT to Purchase and Finance Healthcare Facilities
AUSTIN, Texas-(Business Wire)-September 20, 2009 - EPIC Corporation (OTC:EPOR) (the “Company”), a financial services company, announced the formation of a joint venture, Hallmark Heritage, LLC, with Level 3 Capital Partners, LLC, and Senior Care Group, Inc. (“Senior Care”); the formation...
61 - Inland Real Estate Corporation Pays September and Declares October Cash Distribution to Common Stockholders
OAK BROOK, Ill.-(Business Wire)-September 17, 2009 - Inland Real Estate Corporation (NYSE: IRC) today announced that on September 17, 2009 it paid a cash distribution of $0.0475 per share on the outstanding shares of its common stock to common stockholders of record at the close of business on...
62 - Puerto Rico Public-Private Partnerships Authority to Hold First Projects Conference October 15-16
SAN JUAN, Puerto Rico-(Business Wire)-September 17, 2009 - The Puerto Rico Public-Private Partnerships Authority (the Authority) will host its first Public-Private Partnerships: Puerto Rico Projects Conference on October 15 and 16 at the Puerto Rico Convention Center in the Miramar section of San...
63 - Corporate Office Properties Trust Increases Dividend 5.4%
COLUMBIA, Md.-(Business Wire)-September 17, 2009 - Corporate Office Properties Trust (COPT) (NYSE:OFC) announced today that its Board of Trustees has declared a quarterly dividend of $0.3925 per Common Share of beneficial interest for the third quarter 2009. This represents a 5.4% increase from...
64 - MDM Development Celebrates Topping off of Met 2 Financial Center
MIAMI-(Business Wire)-September 17, 2009 - MDM Development, developers of Metropolitan Miami (The Met), the $1 billion mixed-use development emerging in the core of Downtown Miami, today announced the topping off of construction at Met 2 Financial Center. Met 2 Financial Center is a joint venture...
65 - Plum Creek Renamed to Dow Jones Sustainability Index
SEATTLE-(Business Wire)-September 17, 2009 - Plum Creek Timber Co. Inc. (NYSE:PCL) today announced that Dow Jones has renamed the company to its Dow Jones Sustainability Index that tracks the economic, environmental and social performance of companies. The review of companies is based on a...
66 - Bohannon Development Company and JobTrain Announce Agreement to Make Menlo Gateway Project Jobs Available to Local Job-Seekers
MENLO PARK, Calif.-(Business Wire)-September 17, 2009 - The Bohannon Development Company and JobTrain, a Menlo Park-based educational and training institution, today announced an agreement that will make certain new jobs created by the Menlo Gateway project available to JobTrain’s Menlo Park...
67 - CapLease Declares Third Quarter Dividends
NEW YORK-(Business Wire)-September 17, 2009 - CapLease, Inc. (NYSE: LSE) announced today that its Board of Directors has declared a cash dividend of $0.05 per share of common stock and per limited partnership unit for the third quarter of 2009. The Company’s Board of Directors also declared a cash...
68 - FelCor Commences Tender Offers for Its Senior Secured Floating Rate Notes Due 2011 and 8½% Senior Notes Due 2011
IRVING, Texas-(Business Wire)-September 17, 2009 - FelCor Lodging Trust Incorporated (NYSE: FCH) and its subsidiary, FelCor Lodging Limited Partnership (“FelCor LP”), today announced that on September, 17, 2009, FelCor LP commenced cash tender offers for all of its $215 million aggregate...
69 - Annaly Capital Management, Inc. and CreXus Investment Corp. Announce Pricing of CreXus Investment Corp. Initial Public Offering
NEW YORK-(Business Wire)-September 17, 2009 - Annaly Capital Management, Inc. (NYSE: NLY), today announced that CreXus Investment Corp. has agreed to sell 13,333,334 shares of common stock in its initial public offering at a price of $15.00 per share, for gross proceeds of $200.0 million. CreXus...
70 - Brookfield Properties Corporation Renews Normal Course Issuer Bid
TORONTO-(Business Wire)-September 16, 2009 - Brookfield Properties Corporation (BPO: NYSE/TSX) announced today that the Toronto Stock Exchange accepted a notice filed by Brookfield Properties of its intention to renew its prior normal course issuer bid for a further one-year period. Brookfield...
71 - Capital Senior Living Corporation Announces the Appointment of Michael W. Reid to Its Board of Directors
DALLAS-(Business Wire)-September 16, 2009 - Capital Senior Living Corporation (NYSE:CSU), one of the country’s largest operators of senior living communities, announced today that Michael W. Reid has been appointed to its Board of Directors. Mr. Reid has nearly 30 years of investment banking and...
72 - KBW Announces Third Quarter 2009 Rebalancing on Its Family of U.S. Indices
NEW YORK-(Business Wire)-September 16, 2009 - Keefe, Bruyette & Woods, Inc., a full service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), today announced a quarterly rebalancing across its entire family of U.S. indices...
73 - AvalonBay Communities Declares Third Quarter 2009 Dividend
ALEXANDRIA, Va.-(Business Wire)-September 16, 2009 - AvalonBay Communities, Inc. (NYSE:AVB) announced today that on September 14, 2009 its Board of Directors declared a cash dividend on the Company's Common Stock (par value $0.01 per share) for the third quarter of 2009. The Common Stock dividend is...
74 - Equal Rights Center Marks Milestone In Housing Initiative — 25,000 Units Made Accessible
WASHINGTON, D.C.-(Business Wire)-September 16, 2009 - The Equal Rights Center (ERC), a Washington D.C.-based civil rights organization, and Camden Property Trust, a Houston-based real estate company (NYSE: CPT) announced today the settlement of litigation through a joint agreement to work together...
75 - Fitch Places 28 Tranches in 8 REIT TruPS CDOs on Rating Watch Negative
NEW YORK-(Business Wire)-September 16, 2009 - Fitch Ratings has placed 28 classes in eight collateralized debt obligations (CDOs) backed primarily by trust preferred securities (TruPS) and subordinated debt issued by real estate investment trusts (REITs), homebuilders, and specialty finance...
76 - Post Properties Announces Quarterly Dividends
ATLANTA-(Business Wire)-September 16, 2009 - Post Properties, Inc. (NYSE: PPS), an Atlanta-based real estate investment trust, today announced quarterly dividends on its common stock of $0.20 per share for the third quarter of 2009. The dividend is payable on October 15, 2009 to all common stock...
77 - Ramco-Gershenson Closes Offering of 12.075 Million Common Shares of Beneficial Interest, Including the Exercise of the Underwriters’ Over-Allotment Option
FARMINGTON HILLS, Mich.-(Business Wire)-September 16, 2009 - Ramco-Gershenson Properties Trust (NYSE:RPT) today announced that it has closed its previously announced public offering of 12.075 million common shares of beneficial interest, including 1.575 million shares pursuant to the underwriters...
78 - Kite Realty Group Trust Announces Quarterly Dividend
INDIANAPOLIS-(Business Wire)-September 16, 2009 - Kite Realty Group Trust (NYSE: KRG) announced today that the Board of Trustees declared a quarterly cash distribution of $0.06 per common share for the quarter ended September 30, 2009 to shareholders of record as of October 7, 2009. This...
79 - Steven B. LaBold Joins Monday Properties as Vice President, Acquisitions and Investment Management
NEW YORK-(Business Wire)-September 16, 2009 - Monday Properties, a leading commercial real estate investment and management company focused on New York City and Washington, D.C., today announced that Steven B. LaBold has joined the firm as Vice President, Acquisitions and Investment Management...
80 - Health Care REIT, Inc. Announces Cash Tender Offer for Any and All of Its Outstanding 8.00% Senior Notes Due 2012
TOLEDO, Ohio-(Business Wire)-September 16, 2009 - Health Care REIT, Inc. (NYSE:HCN) announced today that it has commenced a tender offer to purchase for cash any and all of its outstanding 8.00% Senior Notes due 2012 (the “Notes”). The tender offer will expire at 5:00 p.m. Eastern Time on...
81 - Cousins Properties Announces Pricing of Public Offering of Common Stock
ATLANTA-(Business Wire)-September 15, 2009 - Cousins Properties Incorporated (the “Company”) (NYSE: CUZ) announced today that it has priced its public offering of 40,000,000 shares of common stock at a price to the public of $7.25 per share. In addition, the Company has granted the...
82 - Entertainment Properties Trust Announces Common and Preferred Share Dividends
KANSAS CITY, Mo.-(Business Wire)-September 15, 2009 - Entertainment Properties Trust (NYSE:EPR) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.65 per share for its common shares for the third quarter of 2009. The dividend is payable October 15, 2009 to...
83 - Kilroy Realty Declares Quarterly Dividends
LOS ANGELES-(Business Wire)-September 15, 2009 - Kilroy Realty Corporation (NYSE: KRC) announced today that its board of directors declared a regular quarterly cash dividend of $0.35 per common share payable on October 16, 2009 to stockholders of record on September 30, 2009. The dividend is...
84 - Acadia Realty Trust Announces Quarterly Dividend
NEW YORK-(Business Wire)-September 15, 2009 - Acadia Realty Trust (NYSE: AKR – “Acadia” or the “Company”), a real estate investment trust (“REIT”), today announced the Company’s dividend for the third quarter ending September 30, 2009. Acadia’s Board of Trustees has declared a cash...
85 - Dynex Capital, Inc. Announces Third Quarter 2009 Common and Preferred Dividends
GLEN ALLEN, Va.-(Business Wire)-September 15, 2009 - Dynex Capital, Inc. (NYSE:DX) announced today that its Board of Directors has declared a dividend on its common stock of $0.23 per share and a dividend on its Series D 9.50% Cumulative Convertible Preferred Stock of $0.2375 per share. Both the...
86 - Camden Property Trust Announces Third Quarter 2009 Dividend
HOUSTON-(Business Wire)-September 15, 2009 - The Board of Trust Managers of Camden Property Trust (NYSE:CPT) declared a third quarter cash dividend of $0.45 per share to holders of record as of September 30, 2009 of its Common Shares of Beneficial Interest. The dividend is to be paid on October...
87 - Urstadt Biddle Properties Inc. Announces Quarterly Dividends on Class A Common and Common Shares
GREENWICH, Conn.-(Business Wire)-September 15, 2009 - At their regular meeting, the Directors of Urstadt Biddle Properties Inc. (NYSE: UBA)(NYSE: UBP) declared quarterly dividends on the Company’s Class A Common Stock and Common Stock. The dividends were declared in the amounts of 24¢ for each...
88 - KB Home Ranks in Top Three in Customer Satisfaction in Orlando According to J.D. Power and Associates Study
ORLANDO, Fla.-(Business Wire)-September 15, 2009 - KB Home (NYSE: KBH), one of America’s premier homebuilders, today announced it ranked in the Top 3 in customer satisfaction among homebuyers in Orlando, according to the J.D. Power and Associates 2009 New-Home Builder Customer Satisfaction StudySM...
89 - Lodging and Leisure Investment Advisors: New Deal Makers on the Lodging Landscape
DALLAS-(Business Wire)-September 15, 2009 - Plotting a successful course in today’s distressed economy requires the ability to limit risk and take full advantage of opportunities. To deal with these challenges, Lodging and Leisure Investment Advisors, LLC (“LLIA”) provides expert deal making...
90 - State Farm Selects The Oaks At Westlake
BEVERLY HILLS, Calif.-(Business Wire)-September 15, 2009 - KW Commercial Investment Group, a division of the international real estate services and investment firm Kennedy Wilson welcomes State Farm Mutual Automobile Insurance Company to The Oaks At Westlake. The Oaks is one of the premier office...
91 - Younan Properties’ “CD Portfolio” Loan Issues Resolved; Loan in “Good Standing” and Will Return to Normal Servicing
LOS ANGELES-(Business Wire)-September 15, 2009 - Younan Properties, Inc., one of the nation’s leading, privately held real estate investment and asset management firms, announced today that all issues have been resolved between the borrower and the special servicer LNR in connection with a $261...
92 - Kimco Realty Corporation Announces Quarterly Dividends on Preferred Shares
NEW HYDE PARK, N.Y.-(Business Wire)-September 15, 2009 - Kimco Realty Corporation (NYSE: KIM) announced today that its Board of Directors declared quarterly dividends for the company’s preferred shares. The Series F Depositary Shares, each representing 1/10 of a Share of 6.65% Series F...
93 - ING Clarion Global Real Estate Income Fund “IGR” Declares Monthly Distribution for September
PHILADELPHIA-(Business Wire)-September 14, 2009 - The Board of Trustees of the ING Clarion Global Real Estate Income Fund (NYSE:IGR) (the “Fund”), which trades on the New York Stock Exchange under the symbol “IGR”, declared a monthly distribution of $0.045 per share for the month of...
94 - ING Clarion Global Real Estate Income Fund “IGR” and ING Clarion Real Estate Income Fund “IIA” Announce Shareholder Approval of Merger
PHILADELPHIA-(Business Wire)-September 14, 2009 - ING Clarion Real Estate Securities, LLC announced today that shareholders of ING Clarion Real Estate Income Fund (NYSE:IIA) have approved the reorganization of IIA into ING Clarion Global Real Estate Income Fund (NYSE:IGR) at a special meeting held...
95 - ING Clarion Real Estate Income Fund “IIA” Declares Monthly Distribution for September
PHILADELPHIA-(Business Wire)-September 14, 2009 - The Board of Trustees of the ING Clarion Real Estate Income Fund (NYSE:IIA) (the “Fund”), which trades on the New York Stock Exchange under the symbol “IIA”, declared a monthly distribution of $0.045 per share for the month of September 2009...
96 - Servidyne Reports First Quarter Results
ATLANTA-(Business Wire)-September 14, 2009 - SERVIDYNE, INC. (Nasdaq: SERV), a building performance efficiency and real estate company, today reported consolidated revenues for the first quarter ended July 31, 2009, of $4.629 million, compared to consolidated revenues of $3.516 million for the...
97 - KB Home’s 2009 Third Quarter Earnings Conference Call to Be Broadcast Live on kbhome.com
LOS ANGELES-(Business Wire)-September 14, 2009 - KB Home (NYSE: KBH) announced today that it will release earnings for the third quarter ended August 31, 2009 before the market opens on Friday, September 25, 2009. A live webcast of the Company’s earnings conference call will be held the same day...
98 - Cousins Properties Commences Common Stock Offering
ATLANTA-(Business Wire)-September 14, 2009 - Cousins Properties Incorporated (the “Company”) (NYSE: CUZ) announced today that it has commenced a public offering of 32,000,000 shares of common stock. The underwriters will be granted a 30-day option to purchase up to 4,800,000 additional shares of...
99 - Hawk Systems Appoints Founder and CEO of SkyPipes Wireless, Michael Golden, as President of Hawk Telematics Division and Chief Technical Advisor
WEST PALM BEACH, Fla.-(Business Wire)-September 14, 2009 - Hawk Systems, Inc. ("Hawk Systems") (OTCBB: HWSY), a developer of proprietary biometric security technologies and solutions that protect people, places and assets, announced today the appointment of Michael Golden as new Chief Technical...
100 - Inland Real Estate Auctions, Inc. to Sell Infill Development Site via Absolute Auction
OAK BROOK, Ill.-(Business Wire)-September 14, 2009 - Inland Real Estate Auctions, Inc. announced today the upcoming absolute, no minimum, no reserve auction of a 1.5-acre private wooded development site in Aurora, Ill., just west of the busy Fox Valley Mall and the Route 59 corridor. Nestled between...
101 - Resolution Services LLC Developed to Provide Operations Based Solutions to Lenders and Owners of Financially Troubled Real Estate Holdings
NEW YORK-(Business Wire)-September 14, 2009 - The partnership Resolution Services LLC has been launched by Ewoldt International LLC (an established hospitality consulting firm specializing in problem resolution services) with its principals Eric M. Ewoldt and Jay Litt, along with Edward J. Miller of...
102 - Cousins Announces Impairment Charge
ATLANTA-(Business Wire)-September 14, 2009 - Cousins Properties Incorporated (NYSE: CUZ) today announced that it intends to recognize in the third quarter of 2009 an impairment charge of $39 million, or approximately $0.74 cents per share, related to the Company’s joint venture interest in...
103 - Pacific Office Properties Trust Appoints New Management
LOS ANGELES-(Business Wire)-September 11, 2009 - Pacific Office Properties Trust, Inc. (NYSE Amex: PCE), a West Coast office REIT, announced today that its Board of Directors has appointed Chairman of the Board Jay H. Shidler as President and Chief Executive Officer and Lawrence J. Taff as Chief...
104 - Cousins Properties Announces Results of Third Quarter Dividend Elections
ATLANTA-(Business Wire)-September 11, 2009 - Cousins Properties Incorporated (NYSE: CUZ) announced today the results of the shareholders’ elections relating to Cousins’ third quarter common stock dividend of $0.15 per share declared by its Board of Directors on July 15, 2009. The dividend will...
105 - Ramco-Gershenson Properties Trust Announces Third Quarter 2009 Common Share Dividend
FARMINGTON HILLS, Mich.-(Business Wire)-September 11, 2009 - Ramco-Gershenson Properties Trust (NYSE:RPT) announced today that its Board of Trustees has declared a third quarter 2009 common share dividend of $0.16325 for the period of July 1, 2009 through September 30, 2009, which is a reduction...
106 - Pacific Office Properties Trust Declares Third Quarter 2009 Dividend
LOS ANGELES-(Business Wire)-September 11, 2009 - Pacific Office Properties Trust, Inc. (NYSE Amex: PCE), a West Coast office REIT, announced today that its Board of Directors has declared a cash dividend of $0.05 per share on its common stock for the third quarter 2009. The dividend will be...
107 - Green Courte Partners Commences Tender Offer for Any and All Shares of Series A Preferred Stock of American Land Lease, Inc.
LAKE FOREST, Ill.-(Business Wire)-September 11, 2009 - Green Courte Partners, LLC, a Chicago-based private equity real estate investment firm, today announced that one of its affiliates (such affiliate is referred to as “Green Courte Partners”) has commenced an offer (the “Tender Offer...
108 - Ramco-Gershenson Prices Offering of 10.5 Million Common Shares of Beneficial Interest
FARMINGTON HILLS, Mich.-(Business Wire)-September 10, 2009 - Ramco-Gershenson Properties Trust (NYSE:RPT) today announced the pricing of its public offering of 10.5 million newly issued common shares of beneficial interest at $8.50 per share. The Trust has granted the underwriters a 30-day option to...
109 - SL Green Realty Corp. to Participate in the 2009 ISI Real Estate Conference
NEW YORK-(Business Wire)-September 10, 2009 - SL Green Realty Corp. (NYSE:SLG): Chief Executive Officer Marc Holliday To Speak on the Office PanelWednesday, September 16, 2009 At 2:50PM ET SL Green Realty Corp. (NYSE:SLG) today announced that Marc Holliday, Chief Executive Officer of SL Green...
110 - Annaly Capital Management Announces Monthly Commentary for August & New Blog Posts
NEW YORK-(Business Wire)-September 10, 2009 - Annaly Capital Management, Inc. (NYSE: NLY) released its monthly commentary for August. Annaly expresses its thoughts and opinions on issues and events in the financial markets through its commentary set forth below and through its blog, Annaly Salvos on...
111 - AuctionPoint Seen as Solution for Next Wave of Distressed Commercial Properties
MARINA DEL REY, Calif.-(Business Wire)-September 10, 2009 - AuctionPoint, Inc. today announced the launch of a first-of-its-kind online auction technology that puts the commercial real estate broker at the center of the auction process. The patent-pending technology platform allows the local...
112 - 24 Luxury Condominiums Will Go to Auction in Santa Fe, NM on October 4, 2009
BEVERLY HILLS, Calif.-(Business Wire)-September 10, 2009 - Kennedy Wilson Auction Group, a division of the international real estate services and investment firm Kennedy Wilson, will be conducting a close out auction of 24 new casita-style condominiums located at Zocalo, Santa Fe, NM on Sunday...
113 - Research and Markets: The 2009 Private Equity Real Estate Fund of Funds Review - The Most Comprehensive Guide To The Private Equity Real Estate Fund Of Funds Industry Ever Created
DUBLIN-(Business Wire)-September 10, 2009 - Research and Markets has announced the addition of the "The 2009 Private Equity Real Estate Fund of Funds Review" report to their offering. Private equity real estate fund of funds vehicles have grown substantially in recent years, and there are now 56...
114 - Guardian Real Estate Services Joins Effort to Revitalize Blighted Dallas Submarket – Implements Much Needed Resident Services at Low Income Apartment Communities
DALLAS-(Business Wire)-September 10, 2009 - Guardian Real Estate Services (Guardian) has joined the effort to revitalize Southeast Dallas, enlisting the assistance of multiple Dallas-based organizations to provide much needed resident services at Creekside Villas Apartments and Trinity Trails...
115 - Rockwood Capital Hires Four Senior Executives
SAN FRANCISCO & LOS ANGELES & WHITE PLAINS, N.Y.-(Business Wire)-September 10, 2009 - Rockwood Capital, LLC, the private real estate investment firm, today announced it has hired four new senior executives in its White Plains and Los Angeles offices. All four appointments are new positions...
116 - American Spectrum Realty Enters into Memorandum of Understanding with Evergreen Realty Group
HOUSTON-(Business Wire)-September 10, 2009 - American Spectrum Realty, Inc. (NYSE AMEX:AQQ) (“the Company”), a real estate investment and management company, headquartered in Houston, Texas, announced today that it has entered into a Memorandum of Understanding with Evergreen Realty Group, LLC...
117 - Barrier Advisors and FrontLine Partners Form Alliance to Support Corporate Restructurings in Commercial Real Estate Sector
DALLAS-(Business Wire)-September 10, 2009 - Barrier Advisors, a nationally recognized middle-market restructuring, operations improvement and special situations investment banking firm, today announced the formation of a strategic alliance with FrontLine Partners, a Dallas-based real estate...
118 - The Shops at Old Orchard in West Bloomfield, Michigan to hold “Sidewalk Shopping Event” this Saturday
FARMINGTON HILLS, Mich.-(Business Wire)-September 10, 2009 - Ramco-Gershenson Properties Trust (NYSE:RPT) announced today that in celebration of the recent transformation of The Shops at Old Orchard, a center-wide “Sidewalk Shopping Event” will take place this Saturday, September 12, 2009...
119 - NRDC Acquisition Corp. Announces Record Date and Meeting Date for Special Meetings of Stockholders and Warrantholders for Votes with Respect to Charter Amendments, Framework Agreement and Warrant Amendments
NEW YORK-(Business Wire)-September 10, 2009 - NRDC Acquisition Corp. (“NRDC Acquisition”) (NYSE Amex: NAQ), a public investment vehicle, announced today that it will hold special meetings of its stockholders and warrantholders at 10:00 Eastern time on October 16, 2009. The meetings will be...
120 - Boston Properties to Participate in the ISI Real Estate Conference
BOSTON-(Business Wire)-September 9, 2009 - Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced today that it will participate in the ISI Real Estate Conference in New York City on Wednesday, September 16, 2009. Douglas T. Linde, President, will participate on a panel...
121 - Colonial Properties Trust Completes Disposition of Two For-Sale Condominium Projects for $15.8 Million in Proceeds
BIRMINGHAM, Ala.-(Business Wire)-September 9, 2009 - Colonial Properties Trust (NYSE: CLP) completed the previously announced sale of all its remaining condominium units at Murano at Delray Beach and Portofino at Jensen Beach, 93 units and 118 units, respectively, in two separate bulk transactions...
122 - Urstadt Biddle Properties Inc. Reports Operating Results for Third Quarter and First Nine Months of Fiscal 2009
GREENWICH, Conn.-(Business Wire)-September 9, 2009 - Urstadt Biddle Properties Inc. (NYSE:UBA) (NYSE:UBP), a real estate investment trust, today announced its third quarter and nine months financial results for the period ended July 31, 2009. Diluted funds from operations (“FFO”) for the quarter...
123 - Boston National Names Todd C. Baur President, CEO
CHARLOTTE, N.C.-(Business Wire)-September 9, 2009 - Boston National Settlement Services LLC, a privately held real estate and mortgage services provider, announced the appointment of Todd C. Baur as president and chief executive officer and member of the board of directors, effective June 8, 2009...
124 - Banks Getting More Aggressive With Outsourced Loan Sales, Says Workout Specialist Douglas Wilson Companies
SAN DIEGO-(Business Wire)-September 9, 2009 - Banks are now more assertive in managing, resolving and selling troubled loans and other real estate they have taken back and held in their own portfolio, says Michael Cain, managing director of asset sales and advisory for Douglas Wilson Companies...
125 - Pulte Homes Announces Tender Results of Its Cash Tender Offers for up to $1,500,000,000 Aggregate Principal Amount of Certain of Its Outstanding Notes
BLOOMFIELD HILLS, Mich.-(Business Wire)-September 9, 2009 - Pulte Homes, Inc. (NYSE:PHM)(“Pulte” or the “Company”) today announced that as of 12:00 midnight, New York City time, on September 8, 2009 (the “Expiration Date”), it had received tenders of notes in the amounts set out in the...
126 - AvalonBay Communities Prices $500 Million Medium-Term Notes Offering
ALEXANDRIA, Va.-(Business Wire)-September 8, 2009 - AvalonBay Communities, Inc. (NYSE:AVB) announced today that it had priced a $500 million offering of medium-term unsecured notes under its existing shelf registration statement. The offering consists of two separate $250 million tranches with...
127 - Health Care REIT, Inc. Announces Updated Financial Guidance for Fiscal 2009
TOLEDO, Ohio-(Business Wire)-September 8, 2009 - Health Care REIT, Inc. (NYSE:HCN) today announced updated financial guidance for fiscal year 2009 as a result of its recent common stock public offering. On September 1, 2009, the company announced that it agreed to sell 8,000,000 shares of its common...
128 - Potlatch Executives to Present at UBS Global Paper and Forest Products Conference in New York City
SPOKANE, Wash.-(Business Wire)-September 8, 2009 - Potlatch Corporation (NYSE: PCH) announced today that Michael J. Covey, chairman, president and chief executive officer and Eric Cremers, vice president finance and chief financial officer, will be giving a company overview to investors at the...
129 - Ramco-Gershenson Announces Offering of 9 Million Common Shares of Beneficial Interest
FARMINGTON HILLS, Mich.-(Business Wire)-September 8, 2009 - Ramco-Gershenson Properties Trust (NYSE:RPT) announced today that it plans to sell 9 million newly issued common shares of beneficial interest in an underwritten public offering pursuant to its shelf registration statement filed with the...
130 - Equity Residential Declares Third Quarter Dividends
CHICAGO-(Business Wire)-September 8, 2009 - Equity Residential (NYSE: EQR), today announced that the company declared dividends on its common and preferred shares. The quarterly common share dividend will be $0.3375 per share and will be paid on October 9, 2009 to shareholders of record on September...
131 - Down Payment ResourceSM Matches First-Time Homebuyers with Assistance Programs within Minutes
ATLANTA-(Business Wire)-September 8, 2009 - With the Atlanta rollout of Down Payment ResourceSM (www.downpaymentresource.com), the typically confusing and time-intensive process of matching qualified first-time homebuyers with downpayment assistance programs is now automated and easily completed...
132 - Lucernex Technologies Releases Enhanced 7.0 Version of IWMS Software Platform to Manage the Real Estate Development Lifecycle
DALLAS-(Business Wire)-September 8, 2009 - Lucernex Technologies, an innovative developer of business intelligence software for the real estate development sector, announces the availability of version 7.0 of its market-leading Integrated Workplace Management System (IWMS). In addition to many...
133 - Alice Connell Joins Parmenter Realty Partners Advisory Board
MIAMI-(Business Wire)-September 8, 2009 - Parmenter Realty Partners, a real estate investment, management, and development company, is pleased to announce Alice Connell as the newest member of Parmenter’s Advisory Board. Ms. Connell is president and CEO of AM Connell Associates (“AMCA”), which...
134 - ALM Announces New Operating Structure, Rebranding
NEW YORK-(Business Wire)-September 8, 2009 - ALM, formerly the U.S. operating unit of Incisive Media, today officially announced its new operating structure and name. Effective today, the assets Incisive Media purchased through the acquisition of ALM in 2007 will become a separately structured...
135 - UDR, Inc. Announces Closing of $200 Million Fannie Mae Credit Facility
DENVER-(Business Wire)-September 8, 2009 - UDR, Inc. (NYSE: UDR) today announced the closing of a $200 million secured credit facility originated by Red Mortgage Capital, Inc. a Fannie Mae (NYSE:FNM) lender. Of the $200 million, $107 million will be drawn on September 11, 2009. The initial draw...
136 - Molex Announces Rebuilding America Together Program
LISLE, Ill.-(Business Wire)-September 8, 2009 - Molex Incorporated (NASDAQ:MOLX) (NASDAQ:MOLXA) is launching its own efforts toward the goal of Rebuilding America with its ‘Rebuilding America Together’ program. Contractors and suppliers in the commercial construction and utilities industries...
137 - Ventas to Participate in the BMO Capital Markets 2009 North American Real Estate Conference
CHICAGO-(Business Wire)-September 4, 2009 - Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) said today that management will participate in a panel discussion at the BMO Capital Markets 2009 North American Real Estate Conference in Chicago, Illinois on Thursday, September 10, 2009, at...
138 - Pacific Office Properties Trust Announces New Revolving Credit Facility
LOS ANGELES-(Business Wire)-September 4, 2009 - Pacific Office Properties Trust, Inc. (NYSE Amex: PCE), a West Coast office REIT, announced today that it has closed on a new $10 million revolving credit facility with First Hawaiian Bank, a subsidiary of BNP Paribas. BNP Paribas was recently ranked...
139 - RSC Equipment Rental Annual President’s Award for Safety
SCOTTSDALE, Ariz.-(Business Wire)-September 4, 2009 - RSC Equipment Rental (www.rscrental.com), one of the largest rental providers in North America, is making great strides in their safety work. With the goal of nobody getting hurt at work, the Occupational Safety and Health Administration (OSHA...
140 - Kite Realty Group Trust to Present at 2009 BMO North American Real Estate Conference
INDIANAPOLIS-(Business Wire)-September 4, 2009 - Kite Realty Group Trust (NYSE: KRG) announced today that members of senior management will participate in a panel discussion at the 2009 BMO North American Real Estate Conference in Chicago, Illinois on Thursday, September 10, 2009 at 10:30 a.m...
141 - HCP Announces Jury Verdict in Ventas Litigation
LONG BEACH, Calif.-(Business Wire)-September 4, 2009 - HCP (NYSE:HCP) announced that a jury reached a verdict in favor of Ventas, Inc., in an action brought against HCP in the United States District Court for the Western District of Kentucky for tortious interference with prospective business...
142 - CRSG Leads Alliance to Focus on Distressed Properties Throughout Florida
JACKSONVILLE, Fla.-(Business Wire)-September 4, 2009 - Community Resource Systems Group announced today that it has joined with noted experts in the area of residential development and sales to assist financial institutions and developers who have distressed properties throughout Florida. Distressed...
143 - UDR To Participate in 2009 BMO North American Real Estate Conference
DENVER-(Business Wire)-September 4, 2009 - UDR, Inc. (NYSE: UDR) today announced that it will participate in the BMO Capital Markets 2009 North American Real Estate Conference in Chicago, Illinois, to be held on September 9-11, 2009. David Messenger, Chief Financial Officer, will participate in a...
144 - Ventas Prevails in Litigation against HCP, Inc.
CHICAGO-(Business Wire)-September 4, 2009 - Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that the jury has ruled in Ventas’s favor in the Company’s lawsuit against HCP, Inc. (“HCP”) for tortious interference with business expectation arising out of the...
145 - UDR Announces Expiration and Final Results of Its Cash Tender Offer for Its 8½% Debentures Due September 15, 2024
DENVER-(Business Wire)-September 4, 2009 - UDR, Inc. (NYSE: UDR), a leading multifamily real estate investment trust (REIT), today announced the expiration and final results of its previously announced cash tender offer for its 8½% Debentures Due September 15, 2024 (CUSIP No. 910197AC6)(the...
146 - Vornado Announces Details of its Common Share Dividend Payable on September 14, 2009
PARAMUS, N.J.-(Business Wire)-September 3, 2009 - VORNADO REALTY TRUST (NYSE:VNO) announced today that its $0.65 common share dividend, payable on September 14, 2009 will consist of approximately $67.8 million in cash and approximately 888,000 common shares priced at $54.2717 per share, as...
147 - Douglas Emmett, Inc. Announces Quarterly Cash Dividend
SANTA MONICA, Calif.-(Business Wire)-September 3, 2009 - Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that its Board of Directors has approved a quarterly cash dividend of $0.10 per share, which will be paid on October 15, 2009 to shareholders of record as...
148 - Inland Real Estate Corporation to Present at BMO Capital Markets North American Real Estate Conference
OAK BROOK, Ill.-(Business Wire)-September 3, 2009 - Inland Real Estate Corporation (NYSE: IRC) today announced that it will participate in the BMO Capital Markets North American Real Estate Conference being held in Chicago, Illinois, September 9-11, 2009. President and Chief Executive Officer Mark...
149 - First Potomac Realty Trust to Participate in the BMO Capital Markets 2009 North American Real Estate Conference
BETHESDA, Md.-(Business Wire)-September 3, 2009 - First Potomac Realty Trust (NYSE:FPO), a regional leader in the ownership, development and management of business parks and industrial properties, today announced that it will participate in the BMO Capital Markets 2009 North American Real Estate...
150 - Inland Real Estate Auctions, Inc.’s announces extension of special pricing on luxury home sites in Sugar Grove, Ill.
OAK BROOK, Ill.-(Business Wire)-September 3, 2009 - Inland Real Estate Auctions, Inc. announced today the extension of a special reduced pricing program on luxury home sites in the Hannaford Farm community in west suburban Sugar Grove, Ill. The first offering, completed July 31, proved so successful...
151 - AEGON USA Realty Advisors Streamlines Decision-making and Standards Compliance with Yardi Voyager and Yardi Investment Management Software
SANTA BARBARA, Calif.-(Business Wire)-September 3, 2009 - Yardi Systems, a leading developer of real estate investment and property management software, announced today that commercial real estate investment and management firm AEGON USA Realty Advisors, Inc. has selected Yardi Voyager™ and...
152 - Guardian Real Estate Services Adds Cobblestone Fiesta Center to Management Portfolio
PHOENIX-(Business Wire)-September 3, 2009 - Guardian Real Estate Services (Guardian), a West Coast property management and real estate investment company, has been selected to manage Cobblestone Fiesta Center, a 32,000-square-foot retail center located at 21596 N. John Wayne Parkway in newly...
153 - American Campus Communities Announces Closing of $125 Million Revolving Credit Facility
AUSTIN, Texas-(Business Wire)-September 3, 2009 - American Campus Communities Inc. (NYSE:ACC), one of the largest owners, managers and developers of high-quality student housing properties in the U.S., today announced the closing of a $125 million secured revolving credit facility with PNC ARCS...
154 - Newmark Homes Houston Acquisition- off to a Great Start!
HOUSTON-(Business Wire)-September 3, 2009 - Newmark Homes Houston, LLC today announced that its recent acquisition of the Newmark Homes brand from TOUSA, INC. is off to a roaring success. Less than a mere 75 days after the June 15 transaction finalization, and the resulting beginning of Newmark...
155 - Ramco-Gershenson Completes the Sale of Two Wal-Mart Stores and a Stand Alone Home Depot Raising $27.4 Million in Proceeds
FARMINGTON HILLS, Mich.-(Business Wire)-September 3, 2009 - Ramco-Gershenson Properties Trust (NYSE:RPT) announced today that it has completed the sale of three net leased assets, including two Wal-Mart stores and a stand alone Home Depot. The two Wal-Mart stores anchor the Company’s Northwest...
156 - Legacy Investment & Management Named Area's Best Property Management Firm Resulting in Change from LLC to Incorporation
COLUMBIA, Md.-(Business Wire)-September 3, 2009 - Legacy Investment & Management, Inc. Principal/CEO Kyndall Francis today announced the change of the company from an LLC to Incorporation. “Our unprecedented growth created a unique situation that dramatically tips the scales in favor of...
157 - Entertainment Properties Trust to Present at BMO Capital Markets 2009 North American Real Estate Conference
KANSAS CITY, Mo.-(Business Wire)-September 2, 2009 - Entertainment Properties Trust (NYSE: EPR) today announced that it will participate in the BMO Capital Markets 2009 North American Real Estate Conference in Chicago, Illinois, to be held on September 9-11, 2009. David Brain, President and CEO...
158 - PS Business Parks, Inc. to Present at the BMO Capital Markets 2009 North American Real Estate Conference
GLENDALE, Calif.-(Business Wire)-September 2, 2009 - PS Business Parks, Inc. (NYSE:PSB) announced that Joseph D. Russell, Jr., President and Chief Executive Officer, will participate in a panel discussion at the BMO Capital Markets 2009 North American Real Estate Conference at the Ritz-Carlton...
159 - CFM Adds Newton Oldacre McDonald Aircrafts to Fleet, Keeping up with Surging Demand
NASHVILLE, Tenn.-(Business Wire)-September 2, 2009 - Corporate Flight Management, Inc. (CFM), Tennessee’s largest charter air operator, has increased its fleet by 10 percent to meet increased demand, Allen Howell, CFM president and chief executive officer said today. Addition of the Cessna...
160 - Capmark Financial Group Inc. Reports Second Quarter 2009 Operating Results and Provides Update on Restructuring Efforts
HORSHAM, Pa.-(Business Wire)-September 2, 2009 - Capmark Financial Group Inc. (“Capmark”) today reported a net loss of $1.6 billion for the quarter ended June 30, 2009 compared to net income of $11.5 million for the quarter ended June 30, 2008. The operating results for the second quarter of...
161 - Wachovia Preferred Funding Corp. Declares Dividend on Series A Preferred Securities
SAN FRANCISCO-(Business Wire)-September 2, 2009 - Wachovia Preferred Funding Corp. (NYSE:WNAPr) announced today that its board of directors has declared a regular quarterly dividend on its Series A 7.25% preferred securities. The dividend is equal to $0.453125 per Series A security. The dividend...
162 - Capmark Financial Group Inc. Enters into Agreement for the Potential Sale of its North American Servicing and Mortgage Banking Businesses
HORSHAM, Pa.-(Business Wire)-September 2, 2009 - On September 2, 2009, Capmark Financial Group Inc. (“Capmark”) and its wholly-owned subsidiaries, Capmark Finance Inc. and Capmark Capital Inc. (collectively, the “Sellers”), entered into an Asset Put Agreement (the “Agreement”) with...
163 - Wells REIT II Declares 4th Quarter 2009 Distribution
NORCROSS, Ga.-(Business Wire)-September 2, 2009 - Wells Real Estate Investment Trust II Inc. announced today its Board of Directors has maintained a quarterly distribution totaling $0.15 per share for its fourth quarter of 2009. The distribution is unchanged for the 22nd consecutive quarter. It will...
164 - Kimco Realty Invites You to Join Its Third Quarter Earnings Conference Call
NEW HYDE PARK, N.Y.-(Business Wire)-September 1, 2009 - Kimco Realty (NYSE: KIM) will announce its third quarter earnings on Thursday, November 5, 2009 before the market opens. You are invited to listen to our quarterly earnings conference call, which will be broadcast live over the Internet on...
165 - Vornado Sells 1999 K Street
PARAMUS, N.J.-(Business Wire)-September 1, 2009 - VORNADO REALTY TRUST (NYSE:VNO) today announced that it has sold 1999 K Street, a newly developed 250,000 square foot office building, in Washington’s Central Business District to an international investor. The building was designed by Helmut...
166 - Foundation Software is Recognized as Great Workplace for Top Talent
CLEVELAND-(Business Wire)-September 1, 2009 - Foundation Software, developer of FOUNDATION® for Windows® construction accounting, project management and scheduling software has – for the sixth time – earned the title as one of Northeast Ohio’s best places to work. Developed and presented...
167 - Grand Opening Auction of Oxnard Garden
BEVERLY HILLS, Calif.-(Business Wire)-September 1, 2009 - Kennedy Wilson Auction Group, a division of the international real estate services and investment firm Kennedy Wilson, conducted an auction of 11 new single family homes in North Hollywood, California on August 30, 2009 at the Sheraton...
168 - HomeServices of America, Inc.TM Announces Acquisition of Chicago-Based Koenig & Strey
MINNEAPOLIS-(Business Wire)-September 1, 2009 - HomeServices of America, Inc., a Berkshire Hathaway affiliate (www.homeservices.com), today announced the acquisition of Chicago-based Koenig & Strey GMAC Real Estate (www.ksgmac.com) from Brookfield Residential Property Services...
169 - Health Care REIT, Inc. Announces Pricing of 8,000,000 Shares of Common Stock at $40.40 Per Share
TOLEDO, Ohio-(Business Wire)-September 1, 2009 - Health Care REIT, Inc. (NYSE:HCN) today announced the pricing of its underwritten public offering of 8,000,000 shares of common stock at $40.40 per share. The offering was increased in size from 5,000,000 shares in response to investor demand. The...
170 - Colonial Properties Trust Closes Tender Offer for Senior Notes and Raises 2009 Guidance Due to Additional Gains from Bond Repurchases
BIRMINGHAM, Ala.-(Business Wire)-September 1, 2009 - Colonial Properties Trust (NYSE:CLP) and its operating partnership, Colonial Realty Limited Partnership (“Colonial Realty,” and together with Colonial Properties Trust, the “company”), today announced that Colonial Realty has accepted for...
171 - Corporate Office Properties Trust to Present at the Raymond James 5th Annual European Investors North American Equities Conference
COLUMBIA, Md.-(Business Wire)-September 1, 2009 - Corporate Office Properties Trust (COPT) (NYSE:OFC) announced today that its President and Chief Executive Officer, Randall M. Griffin, will present at the Raymond James 5th Annual European Investors North American Equities Conference. The...
172 - James L. Gosdin and Bruce Hawley Receive Appointments from American Bar Association Section of Real Property, Trust and Estate Law
HOUSTON-(Business Wire)-September 1, 2009 - Stewart Title Guaranty Company (STG) announces the appointments of James L. Gosdin and Bruce Hawley to leadership positions in the American Bar Association section of real property, trust and estate law for the 2009-2010 bar year. James L. Gosdin, senior...
173 - Neuberger Berman Real Estate Securities Income Fund Announces Monthly Distribution
NEW YORK-(Business Wire)-August 31, 2009 - The Board of Directors of Neuberger Berman Real Estate Securities Income Fund Inc. (the “Fund”), which trades on the American Stock Exchange under ticker symbol NRO, has declared a monthly distribution of $0.02 per share. The distribution announced...
174 - Ventas Declares Regular Quarterly Dividend of $0.5125 Per Share
CHICAGO-(Business Wire)-August 31, 2009 - Ventas, Inc. (NYSE:VTR) (“Ventas” or the “Company”) said today that its Board of Directors declared a regular quarterly dividend of $0.5125 per share, payable in cash on September 30, 2009 to stockholders of record on September 11, 2009. The dividend...
175 - Colonial Properties Trust Announces Quarterly Dividend on Series D Depositary Shares
BIRMINGHAM, Ala.-(Business Wire)-August 31, 2009 - Colonial Properties Trust (NYSE: CLP) announced that its Board of Trustees declared the third quarter 2009 dividend on the company’s Series D Depositary Shares. The Series D Depositary Shares, each representing 1/10 of a share of the company's 8...
176 - Health Care REIT, Inc. Announces Proposed Offering of 5,000,000 Shares of Common Stock
TOLEDO, Ohio-(Business Wire)-August 31, 2009 - Health Care REIT, Inc. (NYSE:HCN) announced that it intends to offer, subject to market and other conditions, 5,000,000 shares of its common stock. Health Care REIT intends to grant the underwriters a 30-day option to purchase up to an additional...
177 - Inland Diversified Real Estate Trust, Inc. Commences $5 Billion Offering
OAK BROOK, Ill.-(Business Wire)-August 31, 2009 - Inland Diversified Real Estate Trust, Inc. (“Inland Diversified”) announced today that its registration statement was declared effective by the Securities and Exchange Commission (“SEC”) on August 24, 2009, and that it has commenced a capital...
178 - “Why I Love My Hardie Home!” James Hardie® Launches Video Contest; Grand Prize Wins Three Months of Mortgage Payments*
MISSION VIEJO,Calif.-(Business Wire)-August 31, 2009 - James Hardie Building Products, Inc. (NYSE:JHX), the leading provider of exterior home siding in the U.S., launched a contest today encouraging “Hardie Home” owners to show off their James Hardie siding on YouTube and complete the statement...
179 - Colonial Properties Trust to Participate in 2009 BMO Capital Markets North American REIT Conference
BIRMINGHAM, Ala.-(Business Wire)-August 31, 2009 - Colonial Properties Trust (NYSE: CLP) announced today that it will participate in the 2009 BMO Capital Markets North American REIT Conference scheduled September 9 through September 11, 2009 at the Ritz-Carlton, Chicago, Ill. President and Chief...
180 - Sterne Agee Hires Investment Banker
BIRMINGHAM, Ala.-(Business Wire)-August 31, 2009 - Sterne Agee has hired Bob Hutchinson as a Managing Director in its Financial Institutions Investment Banking Group. He will be leading a client coverage team out of Boston where he will be responsible for coverage of depository institutions and...
181 - Realty Capital Securities, LLC Becomes Exclusive Dealer Manager for Healthcare Trust of America, Inc.
BOSTON-(Business Wire)-August 28, 2009 - Healthcare Trust of America, Inc. (formerly known as Grubb & Ellis Healthcare REIT, Inc.) (the “Company”) and Realty Capital Securities, LLC (“RCS”) announce that effective August 29, 2009, RCS, member FINRA/SIPC, will be assuming exclusive dealer...
182 - Walton Completes Land Syndication for Walton USA Cottonwood, LP
CALGARY & SCOTTSDALE, Ariz.-(Business Wire)-August 28, 2009 - Walton International Group Inc. announced today the successful completion of unit placements in the Walton USA Cottonwood, LP. Walton USA Cottonwood, LP attained a final closing on July 1, 2009 and involves 124 investors. The property...
183 - groSolar Named as SunEdison Channel Partner
BELTSVILLE, Md. & WHITE RIVER JUNCTION, Vt.-(Business Wire)-August 28, 2009 - SunEdison today named groSolar as a Channel Partner. The announcement deepens the long-standing working partnership between two solar industry leaders. SunEdison is North America’s largest solar energy services...
184 - Sunwest Receiver and Chief Restructuring Officer File Plan with Court
PORTLAND, Ore.-(Business Wire)-August 27, 2009 - The court-appointed receiver and chief restructuring officer (CRO) overseeing the reorganization of senior living provider Sunwest Management (“Sunwest”) Tuesday filed a distribution plan with the U.S. District Court in Eugene, Ore. A product of...
185 - Fresh Quest Inc. Selects Port Manatee
PALMETTO, Fla.-(Business Wire)-August 27, 2009 - The Manatee County Port Authority approved a five-year contract today with Fresh Quest Inc. earning nearly $1.5 million for Port Manatee and creating about 75 new jobs. The company will import cantaloupe and honeydew melons to Port Manatee from Puerto...
186 - Kimco Realty Corporation announces repayment of $145 million of joint venture debt
NEW HYDE PARK, N.Y.-(Business Wire)-August 27, 2009 - Kimco Realty Corporation (NYSE: KIM) announced today that since July 1, 2009, together with its joint venture partners, investment funds sponsored by Prudential Real Estate Investors (the Funds), it has repaid $145 million on the credit...
187 - Corporate Office Properties Trust Appoints David Jacobstein and Richard Szafranski to Board of Trustees
COLUMBIA, Md.-(Business Wire)-August 27, 2009 - Corporate Office Properties Trust (COPT) (NYSE: OFC) announced today that its Board of Trustees elected David Jacobstein and Richard Szafranski to serve on the Company’s Board of Trustees. Mr. Jacobstein has more than two decades of real estate...
188 - KBS Real Estate Investment Trust II Closes on 570,038-sq.-ft. Office Complex in Prime Washington, D.C., Submarket
FAIRFAX, Va.-(Business Wire)-August 27, 2009 - KBS REIT II, a publicly offered, non-traded real estate investment trust, announced the purchase of Willow Oaks Corporate Center, a high-profile, high-demand office complex offering 570,038 square feet of Class A space in the prime Washington, D.C...
189 - BankAtlantic Launches the Personal Liquid Certificate of Deposit
FORT LAUDERDALE, Fla.-(Business Wire)-August 26, 2009 - BankAtlantic (NYSE:BBX), Florida’s Most Convenient BankSM, today announced the launch of its Personal Liquid Certificate of Deposit (CD). The Personal Liquid CD is a time deposit account that provides customers with a higher rate of return...
190 - C.A.R. Reports July Home Sales Increased 12 Percent, Median Home Price Declined 19.6 Percent
LOS ANGELES-(Business Wire)-August 25, 2009 - Home sales increased 12 percent in July in California compared with the same period a year ago, while the median price of an existing home declined 19.6 percent, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today. “The federal tax...
191 - Interthinx® Analytics Team Unveils New National Mortgage Fraud Risk Index
AGOURA HILLS, Calif.-(Business Wire)-August 25, 2009 - Interthinx® has unveiled a new quarterly report that includes an analysis of the state of mortgage fraud nationally as well as indices for the four most common types of mortgage fraud. The Interthinx Mortgage Fraud Risk Report provides analysis...
192 - Thomas Properties Group, Inc. Announces Third Quarter 2009 Dividend
LOS ANGELES-(Business Wire)-August 24, 2009 - Thomas Properties Group, Inc. (Nasdaq:TPGI) announced that its Board of Directors has declared its third quarter 2009 dividend of $0.0125 per common share. The dividend will be paid on October 14, 2009 to shareholders of record as of September 30...
193 - Associated General Contractors of Missouri Recommends Thomas McGee and The Contractors Plan
KANSAS CITY, Mo.-(Business Wire)-August 24, 2009 - Thomas McGee, L.C., a Missouri risk management consultant/broker, today announced it has been recommended by the Associated General Contractors of Missouri (“AGC-MO”) to offer The Contractors Plan bona fide benefit plan to AGC-MO members working...
194 - State of California’s New Central Plant Online; Heating and Cooling 20,000 State Workers
SACRAMENTO, Calif.-(Business Wire)-August 24, 2009 - State officials and local construction workers gathered at the corner of Q and 7th streets this morning to celebrate the opening of the new Central Plant that heats and cools the Capitol and 22 state office buildings daily. The 78,000 square...
195 - MAXXAM Inc. Announces It Will Convene Special Meeting of Stockholders to Approve 1-for-250 Reverse Stock Split
HOUSTON-(Business Wire)-August 24, 2009 - MAXXAM Inc. (NYSE Amex: MXM) announced that it will convene, as promptly as practicable, a special meeting of its stockholders to approve, subject to final action by the Board of Directors of MAXXAM Inc. (“MAXXAM” or the “Company”), a 1-for-250...
196 - Westcor Announces New Mountain States Regional Office
WINTER PARK, Fla.-(Business Wire)-August 24, 2009 - Westcor Land Title Insurance Company, the nation’s leading independent underwriter, announces its Mountain States Regional office is now open for business in Boise, Idaho, to support independent title agencies in Utah, Idaho, Montana and Wyoming...
197 - Hospitality Properties Trust Announces Underwriters’ Exercise of Overallotment Option
NEWTON, Mass.-(Business Wire)-August 24, 2009 - Hospitality Properties Trust (NYSE: HPT) today announced that the underwriters of its public offering have exercised, in full, their overallotment option to purchase an additional 1,200,000 common shares of beneficial interest. The sale of these shares...
198 - ABSOLUTE* Real Estate Auction AJ Karas Auctioneers Offers Two Distinctive Properties
DENVER-(Business Wire)-August 22, 2009 - AJ Karas Auctioneers announces two Absolute Real Estate Auctions, on Friday August 28, 2009, selling regardless of price. The Auctions will take place live and onsite at the properties. The first one will be held at 4046 Silver Spur Street, Loveland, CO 80537...
199 - Windsor Hospitality Group Announces Its New Regional Director of Sales Ronald Taylor
SANTA MONICA, Calif.-(Business Wire)-August 22, 2009 - Windsor Hospitality Group and its parent company, Windsor Capital Group, welcome Ronald Taylor as their new Regional Director of Sales, Eastern United States. This month, he assumed WHG’s corporate sales responsibilities for the company’s...
200 - Boston Properties, Inc. Provides Update on Prudential Tower Water Line Break
BOSTON-(Business Wire)-August 21, 2009 - Boston Properties, Inc. (NYSE: BXP), a real estate investment trust, announced that this morning at approximately 10:30 am the Prudential Tower experienced a water line break on the second floor. This caused loss of air conditioning and elevator service in...
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