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- Crescent Sells Houston Office Property
- Gain and Promoted Interest Realized FORT WORTH, Texas -- Crescent Real Estate Equities Company (NYSE:CEI) announced today that it has sold Four Westlake Park, a 561,065 square-foot office property in Houston, TX, in which Crescent owns a 20% stake in a joint venture with a pension fund. The office...
- Research articles 2006-09-28
- Crescent Real Estate Equities Company Holds Annual Shareholder Meeting; CEO John Goff Articulates the Company's Growth Strategy and Discusses the Roadmap to 2007 Earnings Target
- FORT WORTH, Texas -- Crescent Real Estate Equities Company (NYSE:CEI) held its annual meeting of shareholders at the Hotel Crescent Court in Dallas yesterday. At the meeting, Vice Chairman and Chief Executive Officer, John C. Goff, said that the Company's strategy revolves around three strategic growth platforms - office, resort...
- Research articles 2005-06-15
- Crescent Announces Fourth Quarter 2004 Results
- FORT WORTH, Texas -- Crescent Real Estate Equities Company (NYSE: CEI) today announced results for the fourth quarter 2004. Net income available to common shareholders for the three months ended December 31, 2004 was $202.1 million, or $1.86 per share diluted. This compares to net income available to common shareholders...
- Research articles 2005-02-24
- Crescent Operating, Inc. Announces Amendment to Its Settlement Agreement With Crescent Real Estate Equities Company
- Business Editors FORT WORTH, Texas--BUSINESS WIRE--Sept. 5, 2002 Company Also Announces Reduction of Previously Estimated Stockholder Distribution Crescent Operating, Inc. (OTCBB:COPI) ("Crescent Operating" or the "Company") announced today its agreement with Crescent Real Estate Equities Company (NYSE:CEI) ("CEI") regarding two proposed changes to the Settlement Agreement...
- Research articles 2002-09-05
- Crescent Announces Second Quarter 2002 Results
- Business Editors FORT WORTH, Texas--BUSINESS WIRE--Aug. 8, 2002 Crescent Real Estate Equities Company (NYSE:CEI) today announced results for the second quarter 2002. Funds from operations ("FFO") for the three months ended June 30, 2002 was $53.2 million, or $.45 per share and equivalent unit diluted, which met the...
- Research articles 2002-08-08
- Crescent Operating, Inc. Announces Settlement Agreement With Crescent Real Estate Equities Company
- Business Editors FORT WORTH, Texas--BUSINESS WIRE--Feb. 14, 2002 Crescent Operating, Inc. (OTCBB: COPI.OB) ("Crescent Operating" or the "Company") announced that it has executed an agreement (the "Agreement") with Crescent Real Estate Equities Company (NYSE:CEI) ("CEI"), which provides, among other things, the basis for Crescent Operating to file a...
- Research articles 2002-02-14
- Crescent Operating Announces Termination of Its Agreement for the Purchase and Sale of Assets and Stock to Crescent Real Estate Equities Company
- Business Editors FORT WORTH, Texas--BUSINESS WIRE--Jan. 23, 2002 Crescent Operating, Inc. (OTCBB:COPI.OB) ("Crescent Operating" or the "Company") announced today the termination of its agreement with Crescent Real Estate Equities Company (NYSE:CEI)("CEI") for the purchase and sale of assets and stock (the "Purchase Agreement"). The Purchase Agreement had been...
- Research articles 2002-01-23
- Crescent Real Estate Simplifies Operating Strategy Through Transaction With Crescent Operating
- Business Editors FORT WORTH, Texas--BUSINESS WIRE--June 29, 2001 Crescent Real Estate Equities Company (NYSE:CEI) today announced that it has entered into a definitive agreement with Crescent Operating, Inc. (OTCBB:COPI.OB) for the acquisition of certain resort/hotel lease interests, residential development corporations and other assets for $78.4 million. The acquisition...
- Research articles 2001-06-29
- Crescent Real Estate Announces First Quarter Results; Company Reports First Quarter Office Property Same-Store NOI Growth of 8.4%
- Business Editors FORT WORTH, Texas--BUSINESS WIRE--May 10, 2001 Crescent Real Estate Equities Company (NYSE:CEI) announced first quarter 2001 funds from operations ("FFO") per share of $.59, which met the Company's estimates for the quarter. "As a result of the strength of our office sector, I am pleased...
- Research articles 2001-05-10
- Crescent Operating, Inc. Announces Continued Restructuring Discussions With Crescent Real Estate Equities
- Business Editors FT. WORTH, Texas--BUSINESS WIRE--Dec. 29, 2000 Crescent Operating, Inc. (the "Company") announced today that it is continuing discussions with Crescent Real Estate Equities Company, lenders and other potential equity investors with regard to a restructure of the Company in light of the REIT Modernization Act which...
- Research articles 2000-12-29
- Oxford reports 19th consecutive record quarter.
- TORONTO, Aug 15, 2000 Oxford Properties Group Inc. (TSE:OXG) today announced strong growth in cash flow from operations and cash flow from operations per share for the six months ended June 30, 2000. Cash flow from operations increased 22% and fully diluted operating cash...
- Research articles 2000-08-15
- Belo to Acquire Interest in Dallas Basketball Limited Through Crescent Sale to Hillwood
- DALLAS--BUSINESS WIRE--July 24, 1999-- Belo (NYSE:BLC), Crescent Real Estate Equities Company (NYSE:CEI) and Hillwood announced today Belo's intention to purchase a 12.38 percent interest in Dallas Basketball Limited, the limited partnership which owns the Dallas Mavericks. Belo's investment will also include a 6.19 percent non-voting interest in the...
- Research articles 1999-07-26
- Crescent Real Estate Equities Company Announces Reduced Schedule of Short-term Capital Requirements
- FORT WORTH, Texas--BUSINESS WIRE--Dec. 16, 1998--Crescent Real Estate Equities Company (NYSE:CEI) today announced that recent events have eliminated or deferred certain short-term capital requirements that had totaled approximately $500 million, and that as a result, Crescent has re-evaluated its plan to sell equity shares through a rights offering. The...
- Research articles 1998-12-16
Additional Resources
- CEO Resigns at Texas-Based Crescent Real Estate Equities Co..
- Knight Ridder/Tribune Business News Jun. 12 -- Gerald Haddock, the high-profile president and chief executive officer of property investor Crescent Real Estate Equities Co., has abruptly resigned from the Fort Worth company. Mr. Haddock, who orchestrated Crescent's rapid growth into one ...
- Research articles 1999-06-14
- Crescent Real Estate Equities Co. to Put Billions in Assets on Market.
- By Steve Brown, The Dallas Morning News Knight Ridder/Tribune Business News Jun. 8--Crescent Real Estate Equities Co. plans to sell between $1 billion and $2 billion in assets over the next 12 to 18 months, the company's top officers said Monday. ...
- Research articles 2004-06-08
- Crescent Real Estate Equities Co. Sells Interest in Houston-Area Community.
- By Sandra Baker, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News Nov. 14--FORT WORTH, Texas--Crescent Real Estate Equities Co. is selling its majority interest in The Woodlands, a 27,000-acre residential master-planned community near Houston, for more than $200 million in cash,...
- Research articles 2003-11-14
- Crescent Real Estate Equities Obtains $200 Million Financing Package for Downtown Houston Center
- HOUSTON--BUSINESS WIRE--Sept. 20, 1999-- A $200 million financing package for the 2.9-million-square-foot Houston Center, the city's largest downtown real estate property, has been secured for Crescent Real Estate Equities Company by the Houston office of Holliday Fenoglio Fowler, L.P. Crescent Real Estate Equities Co. purchased the office and...
- Research articles 1999-09-20
- Crescent Real Estate Equities Reports Loss of $19.3 Million in First Quarter.
- By Sandra Baker, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News May 7--FORT WORTH, Texas--The slow economic recovery has taken a toll on Fort Worth-based Crescent Real Estate Equities Co., which on Tuesday reported a $19.3 million loss for the first quarter....
- Research articles 2003-05-07
- Texas-Based Crescent Real Estate Equities Reports Strong First Quarter.
- By Sandra Baker, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News May 11--FORT WORTH, Texas--Crescent Real Estate Equities Co. announced strong first-quarter earnings Thursday, attributing growth of the company to robust office markets in Texas, where acquisitions are possible, company executives said. ...
- Research articles 2001-05-11
- Chief Financial Officer at Crescent Real Estate Equities Departs.
- Knight Ridder/Tribune Business News Sep. 29 -- FORT WORTH, Texas -- Crescent Real Estate Equities Co. said yesterday that its chief financial officer has resigned, prompting a shuffling of top management three months after the company's chief executive resigned after a series of ill-timed...
- Research articles 1999-09-29
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