Topic: Real Estate Investment Trusts
Hospitality Properties shares drop on downgrade
AP News
Shares of Hospitality Properties Trust drop on downgrad and 4th-quarter resultsShares of Hospitality Properties Trust fell Thursday after an analyst downgraded the stock and said the hotel real estate investment trust is burning through security deposits, while fourth-quarter results missed expectations. David Loeb of Robert W. Baird & Co. downgraded ...
Lexington Realty Trust posts 4th-quarter FFO loss
AP News
Lexington Realty Trust records 4th-qtr FFO loss on impaired real estate chargesLexington Realty Trust on Wednesday posted a funds-from-operations loss for its fourth quarter, largely due to reductions in the value of some of its real estate holdings. The real estate investment trust posted an FFO loss of $17 million ...
Health Care REIT, Forest City form joint venture
AP News
Health Care REIT, Forest City form joint venture over Cambridge, Mass., projectHealth Care REIT Inc. and Forest City Enterprises Inc. said Tuesday they have formed a joint venture to buy a $668 million life sciences campus in University Park in Cambridge, Mass. The companies said Health Care REIT will acquire ...
Vornado 4Q FFO breaks even, reversing 2008 loss
AP News
Vornado Realty Trust posts break-even 4Q FFO, reversing year-ago loss, as write-downs decreaseVornado Realty Trust on Tuesday posted break-even funds from operations in the final three months of 2009, in part because it didn't have the same writedowns on depressed land values that led to a loss last year ...
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