Following the law to the letter Jul 17, 2006
Criimi Mae had about $630 million more in assets than in liabilities, according to a report at the time. But Criimi had invested billions in high-risk mortgage bonds, and their value plummeted after worldwide economic turmoil hit the mortgage bond market. (Baltimore Business Journal, MD)
Fertile financial family's new fund Jan 2, 2006
Investors remember the bankruptcy filing of mortgage REIT pioneer Criimi Mae Inc. in 1998, said Kerry Vandell, a real estate professor at the University of Wisconsin. "You have to look at the sophistication of management," he said. (Philly.com -- Business)
/C O R R E C T I O N -- CRIIMI MAE Inc./ Nov 5, 2005
MSN Money - PR Newswire Business News: /C O R R E C T I O N -- CRIIMI MAE Inc. ... C O R R E C T I O N -- CRIIMI MAE Inc. ... In the news release, CRIIMI MAE Reports Third Quarter Net Income of $5. (CNBC -- Research Alerts)
CRIIMI MAE Reports Third Quarter Net Income of $5.8 Million Nov 5, 2005
CRIIMI MAE Reports Third Quarter Net Income of $5 ... CRIIMI MAE Reports Third Quarter Net Income of $5 ... Nov. 4 /PRNewswire-FirstCall/ -- CRIIMI MAE Inc. (NYSE: ) today reported net income to common shareholders for the third quarter of 2005 of $5. (PR Newswire)
Movers & Shakers: Highlights of rising and falling U.S. stocks Oct 8, 2005
Criimi Mae (: CMM , , Last ... The bid price represents a 31% premium to Criimi Mae's closing price on Thursday. (CBS MarketWatch - Front Page)
Movers & Shakers Oct 8, 2005
Movers rs: Highlights of rising and falling U.S. stocks - General News - General (CBS MarketWatch - Front Page)
Stocks to watch: Accenture, more Oct 7, 2005
CDP Capital Financing Inc., a Canadian fund manager, said it has agreed to buy mortgage real-estate investment trust Criimi Mae (: CMM , , Last. for $328 million in cash. (CBS MarketWatch - Front Page)
Caisse de Depot Agrees to Buy Criimi Mae Mortgage Firm for $328 Million Oct 7, 2005
Criimi Mae to Be Bought by Caisse Unit for $328 Mln (Update1). Oct. 6 (Bloomberg) -- Criimi Mae Inc., a U.S. commercial- mortgage company that has had at least two takeover offers in the past 3 1/2 years, agreed to be acquired by a unit of the Caisse de Depot et Placement du Quebec for about $328 million in cash ... In May 2002, Criimi Mae rejected a $7-a-share buyout offer from a group of shareholders, saying the offer wasn't enough. (Bloomberg -- Canada)
Criimi Mae to Be Bought at $20 Per Share Oct 7, 2005
Criimi Mae to Be Bought for $328 Million by Canadian Investment Manager ... (AP) -- Criimi Mae Inc., a commercial mortgage firm, said Thursday it has agreed to be acquired for $20 per share cash by CDP Capital -- Financing Inc., a subsidiary of Cause de depot et placement du Quebec, a Canadian investment manager ... Shares of Criimi Mae were halted earlier at $15. (Yahoo Finance -- Real Estate Operations)
[external] Criimi Mae to be sold to Canadian fund company for $328M Oct 7, 2005
Criimi Mae to be sold to Canadian fund company for $328M - Financial - Real Estate - Financial Services - Mle ... CDP in deal for Criimi Mae ... NEW YORK (MarketWatch) -- CDP Capital Financing Inc., a Canadian fund manager, said Thursday that it agreed to buy mortgage real-estate investment trust Criimi Mae for $328 million in cash. (Yahoo Finance -- Real Estate Operations)
Market Pulse: CDP Capital to buy Criimi Mae for $328 million Oct 7, 2005
NEW YORK (MarketWatch) -- CDP Capital Financing Inc., a Canadian fund manager, on Thursday said it agreed to buy mortgage real estate investment trust Criimi Mae for $328 million in cash. CDP, a unit of Caisse de depot et placement du Quebec, said it will merge its CW Capital Investments into Criimi Mae ... Criimi Mae also will be able to solicit other merger offers until Dec. 1 but would be required to repay CDP $2 million in expenses. (Yahoo Finance -- Real Estate Operations)
CRIIMI MAE Agrees to be Acquired for $20.00 Per Common Share in Cash Oct 7, 2005
CRIIMI MAE Agrees to be Acquired for $20 ... Source: CRIIMI MAE Inc. ... CRIIMI MAE Agrees to be Acquired for $20. (Yahoo Finance -- Real Estate Operations)
Market Pulse: Criimi Mae: Exec v-p leaving; COO Jarrell to assume duties Sep 10, 2005
SAN FRANCISCO (MarketWatch) -- Commercial mortgage company Criimi Mae Inc. said Friday that executive vice president Stephen Abelman will leave effective today to pursue other interests ... Abelman has entered a consulting agreement with Criimi Mae through June 30, 2006 and will assist the Rockville, Md. (Yahoo Finance -- Real Estate Operations)
Abelman, EVP Asset Management, to Depart CRIIMI MAE Sep 10, 2005
Sept. 9 /PRNewswire-FirstCall/ -- CRIIMI MAE Inc. (NYSE: - ) today announced that Executive Vice President Stephen M. Abelman will leave to pursue other interests effective September 9, 2005 ... CRIIMI MAE Inc. is a commercial mortgage company structured as a REIT. CRIIMI MAE owns and manages a significant portfolio of commercial mortgage- related assets ... Historically, CRIIMI MAE's primary focus was acquiring high- yielding, non-investment grade commercial mortgage-backed securities... (Yahoo Finance -- Real Estate Operations)
CRIIMI MAE Reports Second Quarter Net Income Aug 4, 2005
Aug. 3 /PRNewswire-FirstCall/ -- CRIIMI MAE Inc. (NYSE: - ) today reported net income to common shareholders for the second quarter of 2005 of $1 ... CRIIMI MAE's net interest margin decreased to $8 ... CRIIMI MAE's net interest margin decreased to $18. (Yahoo Finance -- Real Estate Operations)
Research and Markets: In-depth Profiles of 400 Leading Companies in Construction and Real Estate Industry May 19, 2005
Companies mentioned: 84 Lumber Company ABM Industries Inc Acciona SA Accor North America Advocat Inc Aecon Group Inc Alexandria Real Estate Equities AMB Property Corporation Amec Plc Amerco American Home Mortgage Investment Corp American Real Estate Partners American Realty Investors American Retirement Corp Ameristar Casinos Inc Amey Plc Amli Residential Properties Anderson-Tully Company Annaly Mortgage Mgmt Anthony n Pools Anthracite Capital Inc Apartment Investment and Management Arc Group... (PR Newswire)
CRIIMI MAE Announces First Quarter 2005 Earnings Conference Call May 7, 2005
Source: CRIIMI MAE Inc. ... April 28 /PRNewswire-FirstCall/ -- CRIIMI MAE Inc. (NYSE: - ) will hold a conference call to discuss its first quarter 2005 results on Friday, May 6, 2005 at 11:00 a.m. Eastern Time ... CRIIMI MAE will release its earnings for the first quarter on Thursday, May 5, 2005 after market hours and will make the release available immediately on its web site at. (Yahoo Finance -- Real Estate Operations)
CRIIMI MAE Reports First Quarter 2005 Net Income May 6, 2005
May 5 /PRNewswire-FirstCall/ -- CRIIMI MAE Inc. (NYSE: ) today reported net income to common shareholders of $828,000 or $0 ... Net Interest Margin for the Three Months Ended March 31, 2005 CRIIMI MAE's net interest margin decreased to $9 ... CRIIMI MAE's retained CMBS portfolio, along with its other assets, continued to generate significant cash in the first quarter of 2005. (PR Newswire)
