Capital Senior Living appoints former Lehman executive to its boardSeptember 16th, 2009 Capital Senior Living appoints new board memberDALLAS — Capital Senior Living Corp., which runs residential communities for seniors, said Wednesday it has named former Lehman executive Michael Reid to its board. Reid previously was in charge of Lehman Brothers' real estate investment trust equity underwriting practice.
Glimcher Realty Trust to sell $80 million worth of common shares in public offeringSeptember 14th, 2009 Glimcher Realty to sell $80M in common sharesCOLUMBUS, Ohio — Glimcher Realty Trust said Monday it has commenced an offer to sell $80 million worth of its common shares in a public sale. The Columbus, Ohio-based real estate investment trust said it will use the proceeds to pay down debt and for other expenses.
Photronics says it will offer at least 6.3M in new stock and $50M in notes due 2014September 9th, 2009 Photronics plans to sell stock and senior notesBROOKFIELD, Conn. — Photronics Inc.
Prudential Mortgage closes $100M client loan for retail propertiesAugust 27th, 2009 Prudential Mortgage closes $100M loanNEWARK, N.J. — Prudential Mortgage Capital Co.
Hospitality Properties expands stock offer, and expects to gross $138M from sale of sharesAugust 11th, 2009 Hospitality Properties prices offer of 8M sharesNEWTON, Mass. — Hospitality Properties Trust on Tuesday increased its planned stock offering to 8 million shares at a price of $17.25 per share, implying $138 million in gross proceeds.
Healthcare Realty Trust posts 35 percent jump in 2nd-qtr FFO as revenue risesAugust 11th, 2009 Healthcare Realty Trust 2Q FFO jumps 35 percentNASHVILLE, Tenn. —Healthcare Realty Trust Inc.
Maguire Properties sells site in Irvine for $17 millionAugust 11th, 2009 Maguire Properties sells Irvine, Calif., siteLOS ANGELES — Maguire Properties Inc. said Tuesday that it has sold its Park Place I office property in Irvine, Calif., for $17 million.
Federal Realty Investment Trust prices offering at $57.50, hopes to raise $95.6 millionAugust 11th, 2009 Federal Realty Investment Trust prices offeringROCKVILLE, Md. — Federal Realty Investment Trust said on Tuesday that its offering of more than 1.7 million shares has been priced at $57.50 each.
MAP prices offering of 3.5 million shares at $9.70 and expects proceeds of $31.4MAugust 6th, 2009 MAP Pharma expects to raise $31.4M in stock saleMOUNTAIN VIEW, Calif. — MAP Pharmaceuticals Inc.
Apax Partners begins tender offer to acquire outstanding shares of BankrateJuly 29th, 2009 Apax Partners begins tender offer for BankrateNEW YORK — Private equity firm Apax Partners launched a cash tender offer at $28.50 a share Tuesday to acquire all outstanding shares of consumer finance Web site operator Bankrate Inc. The value of the proposed transaction, which was announced last week, is roughly $570.8 million, excluding transaction fees and expenses, according to the companies.
Fitch raises Ventas Inc.'s investment-grade debt ratingsJuly 1st, 2009 Fitch lifts Ventas' investment-grade ratingsNEW YORK — Fitch Ratings on Wednesday raised the investment-grade ratings of Ventas Inc., citing steps the real estate investment trust has recently taken to shore up its capital position. The credit ratings agency upgraded its issuer default rating for Ventas and its subsidiaries to BBB from BBB-.
Senior Housing Properties Trust raises quarterly dividend by a penny to 36 centsJuly 1st, 2009 Senior Housing Properties Trust raises dividendNEWTON, Mass. — Senior Housing Properties Trust said it raised its quarterly dividend by a penny to 36 cents.
HCP files complaints against Sunrise Senior Living, seeks to end agreements on propertiesJune 29th, 2009 HCP files complaints against Sunrise Senior LivingLONG BEACH, Calif. — Real estate investment trust HCP Inc.
Hospitality Properties plans to sell 15 million shares to raise money to repay debtJune 18th, 2009 Hospitality Properties to sell 15 million sharesNEWTON, Mass. — Hospitality Properties Trust said Wednesday it plans to sell 15 million common shares to raise funds to repay debt.
REIT Vornado starts public offering of 15 million shares at $43 a shareApril 22nd, 2009 Vornado Realty begins public stock offeringPARAMUS, N.J. — Real estate investment trust Vornado Realty Trust, which operates office and retail properties, said Wednesday it began a public offering of 15 million common shares priced at $43 a share.