2010 News ReleasesTo search all releases, go to Complete News Archive.  |
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| Date | Title | | | 01/29/10 | Forest City Closes New $500 Million Revolving Credit Facility| CLEVELAND, Jan 29, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has closed a new, two-year, $500 million revolving credit facility with its 15-member bank group.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080515/FRSTCTYLOGO )
"This closing marks a major milestone in our ongoing efforts to further improve liquidity and strengthen our financial position," said Charles A. Ratner, Forest City president and chief executive officer.... |
|  | | 01/27/10 | Forest City Sells Partnership Interests in Three Supported-Living Apartment Properties to Hyatt Unit| CLEVELAND, Jan 27, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that a subsidiary has closed the sale of its partnership interests in three supported-living apartment communities to a subsidiary of Hyatt Corporation. Units of Forest City and Hyatt have been partners in the properties since their initial development. Forest City expects to receive proceeds of approximately $30 million from the sale.
The three properties, all of which operat... |
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