CenterPoint Properties Trust Is Taken Private Dec 10, 2005
At least six other major REIT privatizations have taken place this year, including AMLI Residential Properties Trust, which is being acquired by a Morgan Stanley real estate fund; Gables Residential Trust, being acquired by ING Clarion; and Prime Group Realty Trust, bought out in July for $889 million by Lightstone Group and Greenwood Group. Which real estate stocks and REITs will thrive even if the housing bubble bursts. (Forbes -- Business)
Gables becomes part of ING Clarion Oct 4, 2005
With its merger with Lion Gables Apartment Fund complete, Gables Residential Trust has put a price tag to the deal $3 billion. The Boca Raton-based apartment operator said the number includes not only the about $43. (Yahoo Finance -- Real Estate Operations)
Gables Completes Previously Announced Merger Oct 1, 2005
30, 2005--Gables Residential Trust (NYSE: - ; "Gables" or the "Company") today announced the completion of its previously announced merger with Lion Gables Apartment Fund LP, an investment fund managed by ING Clarion Partners and Lehman Brothers ... Gables Residential Trust Marvin R. Banks, Jr., 770-438-5501. (Yahoo Finance -- Real Estate Operations)
Merger: Gables to become part of ING Clarion Oct 1, 2005
On Friday, Gables Residential Trust said it will merge into a subsidiary of ING Clarion Partners. The Boca Raton-based apartment operator said its purchaser is a subsidiary of ING Clarion Partners. (Yahoo Finance -- Real Estate Operations)
Market Pulse: Gables Residential shareholders OK ING Clarion acquisition Sep 30, 2005
SAN FRANCISCO (MarketWatch) -- Gables Residential Trust said Thursday that its shareholders have approved the proposed $2. 8 billion acquisition of ING Clarion Partners, a subisidary of ING Groep N.V.. (Yahoo Finance -- Insurance (Life))
Fitch drives credit rating lower for GM Sep 28, 2005
Providian is being acquired by Washington Mutual Inc. Among other changes to S&P indexes, United Fire & Casualty Co. replaces Gables Residential Trust on the S&P SmallCap 600 Index and Monmouth Real Estate Investment Corp. replaces Gables in the S&P REIT Composite index, S&P said. Gables is being acquired by ING Groep. (Orlando Sentinel -- Business)
Standard & Poor's Announces Changes to U.S. Indices Sep 27, 2005
United Fire lty Co. (NASD: UFCS) will replace Gables Residential Trust (NYSE: ) in the SlCap 600, and Monmouth Real Estate Investment Corp. (NASD: MNRTA) will replace Gables in the S Composite, after the close of trading on Friday, September 30, 2005. Gables is being acquired by Sal 1200 constituent ING Groep in a deal pending final approvals. (PR Newswire)
GE: Globetrotting for Real Estate Sep 27, 2005
-based Gables Residential Trust ( ). ING Clarion sees Gables' 20,000 apartments as ripe for condo conversions, the hottest slice of the commercial real-estate market. (BusinessWeek)
Rita May Be Worse Than Katrina for Bond Holders Sep 24, 2005
REITs such as Camden Property Trust and Gables Residential Trust that have large concentrations of properties in the Houston metro area are holding their breath with the approach of Rita. SNL Financial reports that the Houston market boasts the highest percentage of REIT-owned retail centers in the country in terms of square footage, with Weingarten Realty Investors having the greatest exposure. (Realtor Magazine Online)
Gables Reports Second Quarter Earnings Aug 4, 2005
On June 7, 2005, the Company entered into an agreement and plan of merger pursuant to which a newly formed affiliate of ING Clarion Partners, LLC, an indirect wholly owned subsidiary of ING Groep, N.V., will acquire the Company and its subsidiaries through the mergers of Gables Residential Trust and Gables Realty Limited Partnership with merger subsidiaries of the ING Groep, N.V. (the "merger"). Pursuant to the terms of the agreement and plan of merger, each issued and outstanding common share... (Yahoo Finance -- Real Estate Operations)
Key intersection ripe for rising residential Jul 12, 2005
In a separate deal, Gables Residential Trust has about two acres of land under contract southeast of the Randalls for a new apartment complex. Preliminary details are sketchy, but the amount of land and the multifamily developer's track record point to a vertical project. (Houston Business Journal, TX)
Real Estate, Utilities Led Sectors In The Second Quarter Jul 7, 2005
A private partnership bought Gables Residential Trust () at a 14% premium. "That tells me a lot of names in the sector have 15% room to run right now," Imperiale said. (Investors Business Daily)
Private Buyers Acquire CRT Properties Jun 21, 2005
Earlier in the month, Gables Residential Trust agreed to go private in a $1. 6 billion purchase by an ING Clarion Partners-managed partnership. (Realtor Magazine Online)
Sarnoff: High-rise to bring luxury to Kirby Jun 19, 2005
Across the street from Atlas' project, Gables Residential Trust is planning a residential and retail development at the site of the old River Oaks Tennis Club. Ben Pisklak , regional development director for Gables, said the company will break ground on its Kirby project early next year. (Houston Chronicle)
ING Partnership to Buy Apartment REIT Jun 9, 2005
6 billion deal to acquire Gables Residential Trust, a leading apartment real estate investment trust (REIT). The transaction reportedly is the largest public-to-private REIT deal in the history of the multifamily sector. (Realtor Magazine Online)
Gables to Be Acquired by Private Group Jun 8, 2005
Gables Residential Trust Agrees to Be Acquired by Private Equity Group for $2 ... (AP) -- Apartment operator Gables Residential Trust said Tuesday that it has agreed to be acquired by a private equity group led by ING Clarion Partners for about $2. (Yahoo Finance -- Insurance (Life))
ING unit to acquire Boca-based Gables Residential Trust Jun 8, 2005
Gables Residential Trust, a Boca Raton-based manager of luxury apartments, agreed to be acquired by ING Clarion Partners for $1. 6 billion in cash amid signs that more people will rent rather than pay soaring prices for homes. (Sun-Sentinel.com)
California company to build in Uptown May 24, 2005
Major urban residential developers such as Post Properties Inc. (NYSE: PPS) and Gables Residential Trust (NYSE: GBP) helped to transform the State-Thomas neighborhood, adding upscale apartment buildings, some of which are now being converted to condos. Condos in new projects in the Uptown market are moving rapidly with units selling in the $400,000 range, said Michael Puls, president of Foley & Puls Inc., a residential consulting and research company. (gator2)
Research and Markets: In-depth Profiles of 400 Leading Companies in Construction and Real Estate Industry May 19, 2005
Com Dividend Capital Group LLC Dominion Homes Inc Dr Horton Inc Duke Realty Corp Dynex Capital Inc Eastgroup Properties Inc E-Loan Inc Emcor Group Inc Emeritus Corp Empresas Ica Sociedad Controladora SA Englobal Corp Entertainment Properties Equity Inns Equity Lifestyle Properties Equity Office Properties Equity One Inc Equity Residential Essex Property Trust Inc Extended Stay America Inc Fairfield Resorts Inc Fairmont Homes Inc Fairmont Hotels ts Inc Fannie Mae Federal Agricultural Mortgage... (PR Newswire)
[external] Peter Brimelow: Bubble trouble? Apr 11, 2005
Among these: Gables Residential Trust (: , , ) ; HRPT Properties (: , , ) ; Senior Housing Properties (: , , ). The only exceptions: Crescent Real Estate (: , , ) and Plum Creek Timber (: , , ) (which Sound Advice regards as a natural resource play). (Yahoo Finance -- Real Estate Operations)
Rents replace racquets in River Oaks Feb 22, 2005
Gables Residential Trust has gained control of the old River Oaks Tennis Center and will replace the courts with a multifamily complex in one of the firm's favorite Houston neighborhoods. Gables purchased two acres and executed a long-term ground lease for another four acres on the west side of Kirby between Kipling and Westheimer. (Houston Business Journal, TX)
[external] Gables Residential Q4 profit rises 44% Feb 1, 2005
SAN FRANCISCO (MarketWatch) -- Gables Residential Trust said late Monday that its fourth-quarter earnings rose 44 percent to $30. 1 million, or $1. (Yahoo Finance -- Real Estate Operations)
Jones Lang LaSalle Names CFO Lauralee Martin to Additional Post of Global COO Jan 21, 2005
Ms. Martin has been a member of the board of directors of KeyCorp, a bank holding company, since 2003, and of Gables Residential Trust, a real estate investment trust, since 1994. Jones Lang LaSalle is the world's leading real estate services and money management firm, operating across more than 100 markets around the globe. (Yahoo Finance -- Real Estate Operations)
Gables plans mixed-use space Dec 24, 2004
Gables Residential Trust is planning to develop its first mixed-use project in Austin. Boca Raton, Fla. (Austin Business Journal, TX)
Gables Issues Initial 2005 Guidance Dec 22, 2004
(AP) -- Gables Residential Trust on Tuesday gave a fairly rosey picture of how it expects to do financially during 2005, a year when it sees demand increasing due to job growth and reduction in new supply. The real estate investment trust expects funds from operations of $2. (Yahoo Finance -- Real Estate Operations)
Gables COO to resign Dec 18, 2004
Gables Residential Trust, which operates several apartment properties in Austin, is losing its chief operating officer ... -based Gables Residential Trust (NYSE: GBP) is one of the largest apartment operators in the nation. (Austin Business Journal, TX)
Prudential Mortgage Capital Loans $100 Million to Gables Residential Oct 22, 2004
21, 2004--Prudential Mortgage Capital Company announced today that it has originated a $100 million loan on behalf of its general account for Gables Residential Trust, to refinance multifamily communities in Georgia, Texas and Washington, D.C. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc. (NYSE: - ) ... Gables Residential Trust is one of the largest apartment operators in the nation and currently manages 44,807 apartment homes in... (Yahoo Finance -- Insurance (Life)
Camden Property to Buy Summit Properties Oct 6, 2004
In a note, Morgan Stanley analyst Robert Stevenson named BRE Properties Inc., Gables Residential Trust, Post Properties Inc., Essex Property Trust Inc., and Town & Country Trust as other potential takeover candidates. "We expect the multifamily REITs will likely rally near-term on the heels of the Camden/Summit announcement," concurred Banc of America Securities analyst Ross Nussbaum, in a note. (Yahoo Finance -- Real Estate Operations)
Prospective Seaholm, Block 21 developers face elimination Aug 25, 2004
-based Gables Residential Trust and the American Center for Entrepreneurship of Austin. Those responses aren't officially accepted yet because Simmons Vedder's was late, and those sent by Gables Residential (NYSE: GBP) and the American Center for Entrepreneurship appear to not meet the city's requirements. (Austin Business Journal, TX)
Gables Residential sells three properties Jul 10, 2004
NEW YORK, July 8 (Reuters) - Gables Residential Trust (NYSE: - ), a luxury apartment developer owner and manager, on Thursday said it sold three south Florida apartment developments and would record a gain of about 67 cents per share. The Boca Raton, Florida-based company said it sold three developments which totaled 836 apartment homes, for $70. (Yahoo Finance -- Real Estate Operations)
USA REIT Fund LLC Announces First Quarter 2004 Results May 28, 2004
0% --------------------------------------------------------------------- No. of Shares Common Stocks Apartments 7,600 AMLI Residential Properties Trust 203,415 269,520 214,700 282,169 4,000 Gables Residential Trust 132,650 175,761 145,000 190,566 2,000 Mid-America Apartment Communities, Inc. 66,378 87,963 74,260 97,596 8,100 Town & Country Trust 199,951 264,911 220,320 289,556 --------------------------------------------------------------------- 602,394 798,155 654,280 859,887 2. 4%... (CCNMatthews Press Releases)
Gables Residential Trust upgraded to " market perform" May 13, 2004
Gables Residential Trust upgraded to "market perform" ... NEW YORK, May 13 (New Ratings) - Analysts at Wachovia Securities upgrade Gables Residential Trust () from "underperform" to "market perform," while raising their estimates for the company ... Gables Residential Trust has reduced its 2004 guidance to $2. (New Ratings)
Two Picks, Two Pans In Real Estate Apr 27, 2004
Banc of America's two "Least Favorite" stocks in the group are Gables Residential Trust (nyse: - - ) and Summit Properties (nyse: - - ), which both carry "sell" ratings and respective price objectives of $25 and $18 ... Gables Residential Trust. (Forbes -- Markets)
August 27, 2003 issue (dig082703.txt) Jan 22, 2004
STATE 8K ITEM NO. NAME OF ISSUER CODE 1 2 3 4 5 6 7 8 9 DATE COMMENT ---------------------------------------------------------------------------------- AASTROM BIOSCIENCES INC MI X 08/26/03 ABFC ASSET BACKED CERTIFICATES SERIES DE X X 08/25/03 ABN AMRO MORT CORP MULTI CLASS MORT P DE X 08/01/03 ABN AMRO MORTGAGE CORP MUILTI CL MORT DE X 08/01/03 ABN AMRO MORTGAGE CORP MULTI CL MORT DE X 08/01/03 ABX AIR INC X X 08/25/03 ADVANCED REFRIGERATION TECHNOLOGIES I CA X 06/11/03 AMEND ADVANSTAR... (U.S. Securities and Exchange Commission -- Digest)
September 22, 2003 issue (dig092203.txt) Jan 22, 2004
17) (BR. ) S-3 GABLES RESIDENTIAL TRUST, 2859 PACES FERRY RD, STE 1450, ATLANTA, GA, 30339, 7704364600 - 0 ($1,000,000,000.00) Other, (File 333-108885 - Sep. (U.S. Securities and Exchange Commission -- Digest)
Lauralee E. Martin, Jones Lang LaSalle Incorporated Executive, ... Dec 23, 2003
Martin serves as a director of Gables Residential Trust, an apartment REIT serving the Southeast. She received a B.A. from Oregon State University in 1972, and was awarded an M.B.A. in 1977 from the University of Connecticut (PRNewswire (press release)
St. Stephen's to sell land for apartments, homes Dec 17, 2003
St. Stephen's Episcopal School is considering selling roughly 50 acres of its campus for multifamily and residential development, real estate sources say. -based real estate investment trust Gables Residential Trust [NYSE: GBP], real estate sources say (Austin Business Journal, TX)
Gables Residential initiated with "hold" Dec 4, 2003
Gables Residential initiated with "hold" | newratings. US | NYSE | Gables Residential (New Ratings)
S&P Affirms Gables Residential Trust Rtgs;Otlk Stable Oct 1, 2003
Srms Gables Residential Trust Rtgs;Otlk Stable. 1, 2003--(Standard s)--Standard s Ratings Services today said that it affirmed its 'BBB' corporate credit ratings on Gables Residential Trust (Gables) and the company's operating partnership, Gables Realty L.P. In addition, ratings are affirmed on the company's senior notes and preferred stock (Business Wire (press release)
