Associated Estates Outlook Raised to Positive by S&P 
CLEVELAND, OH (REIT Media) April 24, 2008 - Associated Estates Realty Corporation (NYSE: AEC) announced today that Standard & Poor's has revised its outlook for the Company to positive, from stable. At the same time, S&P affirmed its B+ rating on the Company's corporate credit and its CCC+ rating on the Company's preferred stock.UDR Completes $240 Million Senior Unsecured Term Loan
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Apr.24.2008. 12:36
UDR Completes $240 Million Senior Unsecured Term Loan
DENVER, CO (REIT Media) March 17, 2008 - UDR, Inc. (NYSE: UDR) announced today that it has closed a two-year unsecured term loan facility. $200 million of the loan was swapped to a fixed rate of 3.61% through February 1, 2010, and the remaining $40 million floats at LIBOR plus a spread of 85 basis points.Camden Property Trust Announces Dividend Increase and Sets Date for Annual Shareholder Meeting to be Held on May 6, 2008
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Continue reading Comments (0) Mar.17.2008. 16:01
Camden Property Trust Announces Dividend Increase and Sets Date for Annual Shareholder Meeting to be Held on May 6, 2008
HOUSTON, TX (REIT Media) March 14, 2008 - The Board of Trust Managers of Camden Property Trust (NYSE:CPT) declared a first quarter dividend of $0.70 per share to holders of record as of March 31, 2008 of its Common Shares of Beneficial Interest. The dividend to be paid on April 17, 2008 equates to an annual dividend rate of $2.80 per share, and represents a 1.4% increase over the Company’s previous dividend rate.Vornado Refinances Its River House Apartment Complex in Washington DC
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Continue reading Comments (0) Mar.14.2008. 16:30
Vornado Refinances Its River House Apartment Complex in Washington DC
PARAMUS, NJ (REIT Media) March 12, 2008 - VORNADO REALTY TRUST (NYSE:VNO) announced today that it has completed a $260 million refinancing of its River House Apartment Complex located in Washington DC. This financing is comprised of a $196 million interest-only seven-year 5.43% fixed rate mortgage and a $64 million interest-only ten-year floating rate mortgage at the Freddie Mac Reference Note Rate plus 1.53% (4.36% at closing).Equity Residential Closes $500 Million Secured Loan
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Continue reading Comments (0) Mar.12.2008. 11:51
Equity Residential Closes $500 Million Secured Loan
CHICAGO, IL (REIT Media) March 11, 2008 - Equity Residential (NYSE: EQR) today announced that the company closed a $500 million secured loan originated by Wachovia Multifamily Capital, Inc. for repurchase by Freddie Mac (NYSE: FRE). The loan has an 11.5 year term with 10.5 years at a fixed rate and the final year at a floating rate. The all-in effective interest rate is 5.48 percent.UDR Announces Completion of $1.7 Billion Portfolio Sale
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Continue reading Comments (0) Mar.11.2008. 17:53
UDR Announces Completion of $1.7 Billion Portfolio Sale
DENVER, CO (REIT Media) March 3, 2008 - UDR, Inc. (NYSE: UDR) today announced that it completed the sale of 25,684 apartment homes in 86 communities for $1.7 billion to DRA Fund VI LLC in a joint venture with Steven D. Bell & Company. On January 29, 2008, the Company announced that it had entered into a contract for the portfolio sale.Colonial Properties Trust Announces Quarterly Dividend on Series D Depositary Shares Payable April 30, 2008
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Continue reading Comments (0) Mar.03.2008. 02:02
Colonial Properties Trust Announces Quarterly Dividend on Series D Depositary Shares Payable April 30, 2008
BIRMINGHAM, AL (REIT Media) February 29, 2008 - Colonial Properties Trust (NYSE: CLP) announced that its Board of Trustees declared the first quarter 2008 dividend on the company’s Series D Depositary Shares.
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