Colonial Properties Trust is a real estate investment trust that owns, develops and operates multifamily, office and retail properties mainly in the Sunbelt region of...
Knight Ridder/Tribune Business News Jan. 1 -- Colonial Properties Trust said Thursday it sold a 50 percent interest in Orlando Fashion Square mall to a subsidiary of Prudential Insurance Co. Terms of the sale, to Prudential Real Estate Investors Inc., were ...
ORLANDO, Fla.--BUSINESS WIRE--January 27, 1995--Colonial Properties Trust (NYSE:CLP), "Colonial", announced today its Board of Trustees has elected two new members to join Colonial's Board, bringing the total number of trustees to nine.The new trustees, Harold W. Ripps and Herbert A. Meisler, were previously associated with The Rime Companies, from which...
Earnings Call ExcerptColonial Properties Trust CLP Q2 2008 Earnings Call July 24, 2008 2:00 pm ET Executives Jerry A. Brewer – Executive Vice President – Finance C. Reynolds Thompson III – Chief Executive Officer Weston M. Andress – President & Chief Financial Officer Paul F. Earle – Chief...
Earnings Call ExcerptColonial Properties Trust CLP Q1 2008 Earnings Call April 24, 2008 2:00 pm ET Executives Reynolds Thompson - Chief Executive Officer Weston Andress - President and Chief Financial Officer Paul Earle - Chief Operating Officer Analysts William Atkinson Dustin Pizzo Alex Goldfarb Rick Anderson Nap Overton Craig...
Question-and-Answer SessionOperator Operator Instructions. Your first question comes from William Atkinson of Merrill Lynch. William Atkinson Hi guys. How are you doing? Reynolds Thompson Good afternoon. William Atkinson Hi. Looking at the development lease-up Huntersville and Shelby Farms too you have a fair degree of momentum in...
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of David Bragg - Merrill Lynch. David Bragg - Merrill Lynch Can you talk about the multifamily transaction environment? What trends you saw during the course of the quarter and the conversations that you have been having?...
BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE:CLP) today announced plans to issue its fourth quarter 2008 earnings before the market opens on Tuesday, February 3, 2009, and will host a teleconference the same day at 1:00 p.m. CT. Colonial Properties Trust executives will lead the call and answer questions. To...
BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP) announced today that it will participate in the 12th Annual Wachovia Global Real Estate Securities Conference scheduled December 9, 2008 at The New York Palace Hotel, NY. President and Chief Financial Officer, Weston Andress will present an overview of the...
BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP) announced that its Board of Trustees declared the fourth quarter 2008 dividend on the company's Series D Depositary Shares. The Series D Depositary Shares, each representing 1/10 of a share of the Company's 8 1/8% Series D Cumulative Redeemable Preferred...
BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP) today announced plans to issue its third quarter 2008 earnings before the market opens on Thursday, October 30, 2008, and will host a teleconference the same day at 1:00 p.m. CT. Colonial Properties Trust executives will lead the call and answer questions....
BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP), announced that it has completed the sale of Colonial Grand at Hunter's Creek, a 496-unit apartment community located in Orlando, FL for $57.7 million in net proceeds, which represents a capitalization rate of 6.3%. The 11-year-old apartment community was unencumbered. The company...
BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP) announced today that it will participate in the 2008 BMO Capital Markets North American REIT Conference scheduled September 10 through September 12, 2008 at The James Hotel, Chicago, Il. President and Chief Financial Officer Weston Andress will participate on a panel at...
BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP) announced that its Board of Trustees declared the third quarter 2008 dividend on the company's Series D Depositary Shares. The Series D Depositary Shares, each representing 1/10 of a share of the Company's 8 1/8% Series D Cumulative Redeemable Preferred...
BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP), announced today that it will participate in the Morgan Keegan 2008 Equity Conference scheduled Wednesday, September 3 through Friday, September 5, 2008 at The Peabody Hotel in Memphis, TN. President and Chief Financial Officer, Weston Andress will present an overview...
BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP), a multifamily real estate investment trust REIT with commercial development and management capabilities, today reports results for the second quarter ended June 30, 2008. For the second quarter of 2008, the company reported net income available to common shareholders of...
BIRMINGHAM, Ala. -- Colonial Properties Trust (NYSE: CLP) announced that it has completed the sale of five wholly-owned apartment communities in two separate transactions for gross proceeds of $81.8 million. The apartment communities, which total 1,250 units, included Cottonwood Crossing, Colonial Village at Bedford and Colonial Village at Bear Creek...
In RVP Corner, JPM shares the thoughts and opinions of an IREM Regional Vice President on a single topic covered in the current issue. As Region 4 Vice President, Brett Koutnik, CPM[R], oversees the activities of the five IREM Chapters in Florida and Georgia. He's also a senior...
A block of commercial property in downtown Little Rock tipped the scales at $3.5 million. SMH LLC, led by Stan Hastings Sr. and his wife, Michelle, bought the 1.27-acre Commercial Mail Service development and 33,762-SF warehouse at 200 N. Cross St. The seller is the Louis Gladfelter Revocable...
Saul Centers Inc., of Bethesda, an equity real estate investment trust, said it acquired three shopping centers, two of which are located in the metropolitan Washington area, for a combined price of $60.6 million, including the assumption of a $10,350,000, 5.8 percent mortgage loan maturing February 2024. The properties are...
