Latest Press Release on realty

DRA Advisors LLC announces the sale of its remaining interest in the PL Retail Portfolio
NEW YORK - DRA Advisors LLC has announced that it has completed the sale of an 85% interest in PL Retail LLC to Kimco Realty Corporation for a price of $825 million. PL Retail LLC is the joint venture entity that owns the remaining 21 shopping centers acquired in the privatization of Price

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First Industrial Realty Trust Reports Third Quarter 2009 Results
CHICAGO, Nov. 4 -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading provider of industrial real estate supply chain solutions, today announced results for the quarter ended September 30, 2009. Diluted net income (loss) available to common stockholder...

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Developers Diversified Realty Responds to Press Release Announcing Coventry Lawsuit
CLEVELAND - Developers Diversified Realty Corporation (NYSE: DDR) today announced that it has received a copy of the press release issued today by Coventry Real Estate Advisors. While the Company has not been served with the lawsuit or seen the complaint, in response to the allegations

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Kimco Realty Corporation announces acquisition of remaining interest in 21 properties in PL Retail portfolio
NEW HYDE PARK, N.Y. - Kimco Realty Corporation announced today that it has completed the purchase of the remaining 85 percent interest in PL Retail LLC, an entity comprising 21 shopping centers that the company manages and in which the company previously held a 15 percent interest. The price

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Digital Realty Trust Announces Appointment of Robert H. Zerbst to Board of Directors
SAN FRANCISCO, Nov. 3 -- Digital Realty Trust, Inc. (NYSE: DLR), the world's largest wholesale datacenter provider, announced today that its Board of Directors has appointed Robert H. Zerbst to the Board of Directors. Mr. Zerbst is a h...

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Digital Realty Trust Acquires Two Fully Leased Datacenter Facilities in Silicon Valley
SAN FRANCISCO, Nov. 3 -- Digital Realty Trust, Inc. (NYSE: DLR), the world's largest wholesale datacenter provider, announced today that it acquired two fully leased datacenter facilities, 1350 Duane Avenue, and 3080 Raymond Street, located in Santa Clara,...

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Federal Realty Investment Trust Announces Third Quarter 2009 Operating Results
ROCKVILLE, Md., Nov. 4 -- Federal Realty Investment Trust (NYSE: FRT) today reported operating results for its third quarter ended September 30, 2009. Financial Results For third quarter 2009 Federal Realty reported funds from operation...

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Digital Realty Trust, Inc. Receives BBB Rating From Fitch Ratings
SAN FRANCISCO, Nov. 4 -- Digital Realty Trust, Inc. (NYSE: DLR), the leading owner and manager of corporate and Internet gateway datacenter facilities, today announced that Fitch Ratings initiated credit ratings on the Company with a 'BBB' Issuer Defaul...

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Coventry Real Estate Advisors Files $500 Million Lawsuit Against Developers Diversified Realty (DDR); Coventry Asking for Compensatory, Consequential and Punitive Damages
NEW YORK - Coventry Real Estate Advisors (Coventry) today filed a $500 million lawsuit in the Supreme Court of the State of New York against publicly-traded Developers Diversified Realty (NYSE: DDR) for fraud, malfeasance, mismanagement, violation of fiduciary and contractual obligati

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Promontory Announces Alliance with Sotheby’s International Realty
PARK CITY, Utah - Promontory, a luxury second-home community based in Park City, Utah, today announced a new partnership with Sotheby’s International Realty Affiliates LLC and their strategic alliance partner, Blueprint Global Marketing. “We at Promontory a

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David B. Henry succeeds Milton Cooper as CEO of Kimco Realty Corporation; Cooper remains Executive Chairman
NEW HYDE PARK, N.Y. - Kimco Realty Corporation (NYSE: KIM) announced today the appointment by the board of directors of David B. Henry as chief executive officer of the company effective December 31, 2009. Milton Cooper will continue to serve as executive chairman of the board of directors.

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Vornado Realty Trust Announces Cash Tender Offers for Any and All of Its 3.625% Convertible Senior Debentures Due 2026 and Its 2.85% Convertible Senior Debentures Due 2027
PARAMUS, N.J. - Vornado Realty Trust (NYSE: VNO) (“Vornado”) today announced that it has commenced cash tender offers for any and all of its $886,969,000 principal amount of outstanding 3.625% Convertible Senior Debentures due 2026 (CUSIP No. 929043AE7) (the “2026 Debenture

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The Blackstone Group and Glimcher to Form Joint Venture
COLUMBUS, Ohio, Nov. 5 -- The Blackstone Group(® )and Glimcher Realty Trust (NYSE: GRT), today announced a partnership for the acquisition and management of two regional malls. The assets for the joint venture will consist of two existing G...

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Winthrop Realty Trust Issues Series C Preferred Shares and Retires Series B-1 Preferred Shares
BOSTON, Nov. 1 -- Winthrop Realty Trust (NYSE: FUR) announced today that in connection with its previously announced offer which permitted holders of its Series B-1 Cumulative Convertible Redeemable Preferred Shares ("Series B-1 Shares") to convert any o...

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11.33 Acres of Prime Colorado Development Land to Sell to Highest Bidder at Absolute Public Auction
LONGMONT, Colo., Nov. 5 /PRNewswire/ -- Rocky Mountain Estate Brokers Realty LLC (www.whitleyauction.com) announces the public absolute auction of 11.33 acres of development land in...

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Arbor Realty Trust Reports Third Quarter 2009 Results
UNIONDALE, N.Y., Nov. 6 -- Arbor Realty Trust, Inc. (NYSE: ABR), a real estate investment trust focused on the business of investing in real estate related bridge and mezzanine loans, preferred and direct equity investments, mortgage-related securities and oth...

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Save The Date For A “Tropical Harvest”
HealthCorps® presents: “Tropical Harvest. A Benefit Art Exhibition/Sale & Luxe Cocktail Reception/I/P P(Billboard Publicity Wire) November 7, 2009 -- Join Mr. Tibor Hollo, President, Florida East Coast Realty; HealthCorps® President, Michelle Bouchard; artennae global ...

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Winthrop Realty Trust Announces Third Quarter 2009 Results and Declares Fourth Quarter Cash Dividend
BOSTON, Nov. 5 -- Winthrop Realty Trust (NYSE: FUR) announced today financial and operating results for the third quarter ended September 30, 2009. All per Common Share amounts are on a diluted basis, and the presentation for the period ended September 30, 2008 has b...

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NorthStar Realty Finance Announces Third Quarter 2009 Results
NEW YORK, Nov. 5 -- NorthStar Realty Finance Corp. (NYSE: NRF) today announced its results for the third quarter ended September 30, 2009. NorthStar reported adjusted funds from operations ("AFFO") fo...

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Lexington Realty Trust Reports Third Quarter 2009 Results
NEW YORK, Nov. 5 -- Lexington Realty Trust ("Lexington") (NYSE: LXP), a real estate investment trust focused on single-tenant real estate investments, today announced results for the third quarter ended September 30, 2009. (Logo: http://www.n...

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REALTOR Earns Graduate REALTOR Institute Certification
Jeff Daley with Keller Williams Realty - Scottsdale, has earned the prestigious Graduate REALTOR Institute (GRI) certification designation. Only a small percentage of REALTORS have achieved this National Association of REALTORS certification.

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Forest Investment Associates Retains Wyatt Realty Company, LLC for Buckhead Office Lease Transaction
ATLANTA - Forest Investment Associates, a Registered Investment Advisor providing investment management services for institutional investors in timberland, has retained Wyatt Realty Company, LLC (

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Fitch Assigns Initial 'BBB' IDR on Digital Realty Trust; Outlook Stable
NEW YORK - Fitch Ratings has assigned initial credit ratings to Digital Realty Trust, Inc. (NYSE: DLR) and its operating partnership, Digital Realty Trust, L.P. (collectively, 'Digital Realty') as follows: Digital Realty Trust, Inc. --Issuer Default Rat

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Dividend Capital Total Realty Trust Acquires Office Property in Princeton, NJ
DENVER, CO -- 11/03/09 -- Dividend Capital Total Realty Trust Inc., a diversified real estate investment trust (REIT), announced today that it acquired a class-A office property located in Princeton, NJ -- centrally located between New York City an..

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Vestin Realty Mortgage II, Inc. Reports Third Quarter Financial Results
LAS VEGAS - Vestin Realty Mortgage II, Inc. (Nasdaq: VRTB) reported a net loss for the third quarter ended September 30, 2009 of approximately $17.4 million, or ($1.27) per share, on revenues of approximately $1.3 million, compared with a net loss of approximately $40.1 million or ($2

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