Bassett Announces Net Income for the Fiscal Fourth Quarter and Increased Dividend
… settlement (1305) — Gain on sale of affiliate (85542) — Gain on sale of equity securities — (2024) Impairment and lease exit charges on retail real estate 4790 — Other, net 450 256 Changes in operating assets and liabilities Accounts receivable …
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Rayonier 4th-qtr profit slips despite higher sales
Timber real estate investment trust Rayonier Inc. said its fourth-quarter net income fell slightly from the year before on the absence of a biofuels tax credit, although revenue rose on solid demand for its products. The Jacksonville, Fla., company …
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Blackstone Said to Raise More Than Billion for Distressed-Property Fund
Blackstone Group LP (BX) secured more than $ 6 billion of pledged capital for a new real estate fund that will buy mainly distressed-property assets, said two people with knowledge of the fundraising. The New York-based buyout firm plans to raise at …
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No Takers for Texas as New York City Trophies Find Refinancing: Mortgages
More than half of the $ 19 billion in commercial property loans packaged into bonds in 2007 that mature this year may fail to be refinanced, according to Standard & Poor's. Almost $ 8 billion in commercial mortgages on New York real estate comes due this …
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