Latest Real Estate News and Updates for Pennsylvania

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Latest Real Estate News and Updates for Pennsylvania

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Pennsylvania Real Estate Investment Trust Reports Fourth Quarter and Full Yea...

PHILADELPHIA----Pennsylvania Real Estate Investment Trust today reported results for the quarter and full year ended December 31, 2009. A description of each non-GAAP financial measure and the related reconciliation to the comparable GAAP measure are...

Pennsylvania Real Estate Investment Trust Closes $670M Credit Facility Agreem...

PHILADELPHIA -- Pennsylvania Real Estate Investment Trust (NYSE: PEI) today announced that it has cl...

Pennsylvania Real Estate Investment Trust Closes $670 Million Secured Credit ...

PHILADELPHIA----Pennsylvania Real Estate Investment Trust today announced that it has closed on a secured credit facility with $520 million of term loans and a $150 million revolving line of credit with its bank group, led by Wells Fargo Bank.

ING Clarion Global Real Estate Income Fund "IGR" Declares Monthly Distributio...

PHILADELPHIA----The Board of Trustees of the ING Clarion Global Real Estate Income Fund , which trades on the New York Stock Exchange under the symbol ?IGR?, declared a monthly distribution of $0.045 per share for the month of March 2010.

UW-Madison organizes new global real estate program (Wisconsin State Journal)

UW-Madison is partnering with some of the world?s leading business schools to create a first-of-its-kind graduate degree in global real estate.

PREIT lands renewal of its credit line (The Philadelphia Inquirer)

Pennsylvania Real Estate Investment Trust, which plunged into debt to renovate Cherry Hill, Plymouth Meeting, and other local shopping malls, yesterday sealed a deal on $670 million in new loans. Its old loans were about to expire, and PREIT needed a...

Mall owner PREIT finalizes $670 million financing deal (The Philadelphia Inqu...

Pennsylvania Real Estate Investment Trust, which owns eight of the region's most visible shopping malls - such as the newly renovated Cherry Hill and Plymouth Meeting - announced today that it has finalized a major deal with its banks for $670 millio...

Qns. duo in $16M real-estate 'buy' scam (New York Post)

A Queens couple brazenly scammed a dozen property owners out of more than $16 million in real estate and other assets, authorities say. Matthew McEntee, 50, used what appeared to be certified corporate checks drawn on an HSBC account to purchase prop...

Estate planning to benefit heirs (The Star-Ledger)

Q. I have homes in New Jersey and Pennsylvania. Would my heirs benefit if I declared Pennsylvania, rather than New Jersey, as my primary residence? My assets total $1 million ($500,000 in real estate and $500,000 in savings accounts). My...

Home building continues in Pine (Pittsburgh Post-Gazette)

At a time when the real estate market is soft, developer James Rumbaugh plans to turn about 200 acres in Pine into a development of 118 custom-built homes.