NEW YORK (AP) — MFA Mortgage Investments Inc. said it will sell assets to reduce its debt-to-equity levels, or leverage, amid continued stress in the financial industry.After the closing bell Monday, the mortgage real estate investment trust said that since Friday, it has sold about $1 billion in mortgage-backed securities, including approximately $950 million [...]
(Fortune) — Thanks to another dismal quarter and a cratering private equity market, Blackstone (BX) traded near its all-time low near $14 a share Monday before closing at $15, still 52% off the IPO price of $31. It would seem like a perfect opportunity to buy the revered private equity firm that has $102 billion [...]
Jan 25 (Reuters) - Hines Real Estate Investment Trust Inc
filed with U.S. regulators on Friday to raise up to $3.5
billion in an offering of common stock.
The Houston, Texas-based company told the U.S Securities
and Exchange Commission in a preliminary prospectus that it has
not retained any underwriter for the offering.
The [...]
Jan 29 (Reuters) - Ventas Inc (VTR.N: Quote, Profile, Research) said it agreed to
sell 3.9 million shares of its common stock to UBS Investment
Bank, for total proceeds of about $168.6 million.
Ventas will use the proceeds to repay outstanding debt
under its revolving credit facility and for other general
corporate purposes, including [...]
Centro Chief Quits; Lenders May Ease Funding Deadline (Update3)
By Laura Cochrane
Jan. 15 (Bloomberg) — Centro Properties Group, the owner of
700 U.S. shopping malls, said Chief Executive Officer Andrew
Scott resigned and it has asked lenders to extend a Feb. 15
deadline to [...]
Centros Scott Undone by Credit Rout, Property Prices
By Laura Cochrane and Robert Fenner
Jan. 16 (Bloomberg) — During Andrew Scotts last month as
chief executive officer of Centro Properties Group, Australias
second-largest manager of shopping centers lost 90 percent of
its market value.
[...]
Swire 2007 Profit Rises 16% on Rents, Cathay Pacific (Update2)
By [bn:PRSN=1] Kelvin Wong []
March 6 (Bloomberg) — Swire Pacific Ltd., the Hong Kong
landlord with a stake in the citys largest airline, said 2007
profit rose 16 percent after office and retail [...]
Segro Reports First Loss in at Least 18 Years on U.K. (Update3)
By Peter Woodifield
March 6 (Bloomberg) — Segro Plc, the U.K.s largest owner of
business parks, reported its first annual loss in at least 18 years
as the value of Slough Trading [...]
Air Berlin, Deutsche Post, Salzgitter: German Equity Preview
By Nadja Brandt and Henrietta Rumberger
March 6 (Bloomberg) — The following is a list of companies
whose shares may have unusual price changes in Germany. Stock
symbols are in parentheses after company names, and prices [...]
Where: Chandler-Gilbert Community College, 2626 E. Pecos Road, Chandler.
Agenda: Empowers women to be more confident in the financial decision-making process.
Cost: $29.
Information/registration: www.cgc.edu/cont_ed. 480-732-7080.
WALK-IN COUNSELING WITH SCORE
When: 10 a.m.-2 p.m. Saturday.
Where: Glendale Public Library, 5959 W. Brown St.
Agenda: Existing or potential business owners get advice.
Cost: [...]
