Post Properties Announces Acquisition in Orlando's Baldwin Park 
ATLANTA, GA (REIT Media) August 1, 2007 - Post Properties (NYSE:PPS) today announced that it has acquired Centergate Baldwin Park apartments in Orlando, Fla. The community, to be renamed Post Lake® at Baldwin Park, includes 350 apartment homes in 17 buildings, interspersed throughout quaint streets that encircle the heart of the Village Center in Baldwin Park.
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Aug.01.2007. 08:30
UDR Increases Credit Facility to $600 Million
RICHMOND, VA (REIT Media) July 27, 2007 - UDR, Inc. (NYSE:UDR) announced today that it amended its existing $500 million senior unsecured revolving credit facility to increase the facility to $600 million and extend its maturity to July 26, 2012.
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Continue reading Comments (0) Jul.27.2007. 16:05
Arbor Realty Trust Declares Second Quarter 2007 Dividend
UNIONDALE, NY (REIT Media) July 25, 2007 - 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 other real estate related assets, today announced that its Board of Directors has declared a quarterly cash dividend of $0.62 per share of common stock for the second quarter ended June 30, 2007.
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Continue reading Comments (0) Jul.25.2007. 08:30
UDR Appoints Dhrubo K. Sircar Senior Vice President and Chief Information Officer
RICHMOND, VA (REIT Media) July 23, 2007 - UDR, Inc. (NYSE:UDR) today announced that Dhrubo K. Sircar joined the company as Senior Vice President and Chief Information Officer effective July 23, 2007.
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Continue reading Comments (0) Jul.23.2007. 16:50
Associated Estates Announces Raised Outlook by Moody's
CLEVELAND, OH (REIT Media) July 23, 2007 - Associated Estates Realty Corporation (NYSE:AEC) announced today that Moody's Investors Service has revised its rating outlook for the Company to positive, from stable. At the same time, Moody's affirmed the ratings on the Company's senior unsecured debt shelf rating at (P)B1).
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Continue reading Comments (0) Jul.23.2007. 12:59
Mid-America Announces Preferred F Dividend Payable on August 15, 2007
MEMPHIS, TN (REIT Media) July 20, 2007 - Mid-America Apartment Communities, Inc. (NYSE:MAA) announced that the Board of Directors has declared a full month dividend of $0.1927 per outstanding share of its Series F Cumulative Redeemable Preferred Stock (NYSE:MAAPrF). The distribution is payable on August 15, 2007 to shareholders of record on August 1, 2007.
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Continue reading Comments (0) Jul.20.2007. 09:15
Colonial Properties Trust, DRA Advisors Sell Florida Office Buildings for Record Price
BIRMINGHAM, AL (REIT Media) July 19, 2007 - Colonial Properties Trust (NYSE:CLP), a real estate investment trust, and its joint venture partner, DRA Advisors LLC (DRA), have sold 350 and 450 Las Olas Centre in Fort Lauderdale, FL to BentleyForbes, a national real estate investment firm, for $230.9 million, in a deal that represents one of the highest Class A office sales per square-foot in the history of the Southeast United States.
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Continue reading Comments (0) Jul.19.2007. 17:33
