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12/22/15Forest City reaches agreement with Onexim for sale of Barclays Center, Brooklyn Nets
- Onexim to become 100 percent equity owner of arena, team CLEVELAND and BROOKLYN, N.Y., Dec. 22, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) announced today that its subsidiary, Nets Sports and Entertainment (NS&E), has executed a purchase and sale agreement with Onexim Sports and Entertainment under which Onexim will become the 100 percent equity owner of the Barclays Center arena and the Brooklyn Nets basketball team. The NBA's Board of Governors unanimousl... 
11/19/15Forest City closes new $500 million revolving credit facility
CLEVELAND, Nov. 19, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that it has closed a new, $500 million unsecured credit facility.  The four-year facility, with two six-month extension options, includes an accordion feature allowing the overall facility to be increased to $750 million.  The facility is initially priced at LIBOR plus 160 bps, subject to adjustment based on the company's leverage ratio. "As we transition to REIT status, this new cr... 
11/03/15REMINDER: Forest City Enterprises 2015 Third-Quarter Earnings Conference Call
CLEVELAND, Nov. 3, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) has released its third-quarter 2015 financial results and will hold a conference call tomorrow, Wednesday, November 4, 2015 at 11:00 a.m. ET to discuss these results. Investors are invited to dial into the conference call hosted by David J. LaRue, president and chief executive officer.  A live webcast of the call will be available online through the Investors page of the company's website, www.fores... 
11/03/15Forest City Reports 2015 Third-Quarter and Year-to-Date Results
- Operating FFO per share up 24 percent over third quarter 2014 - Overall Comp NOI up 3.9 percent, led by retail and office - Site work commencing to bring Lowe's to Westchester's Ridge Hill - QIC joint ventures to expand to include Ridge Hill in 2015, two more malls in 2016; company takes $372.6 million non-cash impairment on Ridge Hill - New joint ventures and anticipated near-term dispositions, including military housing, expected to generate $500 million in proceeds - Sharehol... 
10/26/15Forest City Enterprises Notice of Third-Quarter Earnings and Conference Call
CLEVELAND, Oct. 26, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE:FCEA and FCEB) will release its third-quarter financial results on Tuesday, November 3, 2015, after the NYSE close, and will hold a conference call with investors on Wednesday, November 4, 2015 at 11:00 a.m. ET, to discuss these results.  Investors are invited to dial into the conference call hosted by David J. LaRue, president and chief executive officer. The conference call is scheduled for 11:00 A.M. ET, Wednes... 
10/20/15Forest City announces shareholder approvals related to REIT conversion
CLEVELAND, Oct. 20, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that shareholders approved all of the proposals related to the company's planned conversion to a real estate investment trust (REIT) submitted to their vote at a special meeting of shareholders held today. Forest City Realty Trust, as the successor to Forest City Enterprises, Inc. upon completion of the REIT conversion, plans to elect REIT status pursuant to the Internal Revenue Service C... 
10/15/15Forest City to Webcast Special Meeting of Shareholders
CLEVELAND, Oct. 15, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that the Company will webcast its upcoming  Special Meeting of Shareholders beginning at 2:00 p.m. eastern time on Tuesday, October 20, 2015. The meeting will be held in the Skylight Room, Tower City Center, Skylight Level 3, 230 West Huron Road, Cleveland, Ohio. The meeting will be available live over the internet through an audio webcast. To access the webcast, please visit the ma... 
10/08/15Forest City to participate in panel discussion at Evercore ISI 2015 Real Estate Conference
CLEVELAND, Oct. 8, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that President and Chief Executive Officer David J. LaRue will participate in a panel discussion titled "Real estate development - What's the appropriate size of the pipeline at this point in the cycle?" at the Evercore ISI 2015 Real Estate Conference. The panel discussion is scheduled for Thursday, October 8, 2015, at 1:50 p.m. Eastern time. A live webcast of the panel discussio... 
10/05/15Forest City Publishes 2014 Corporate Social Responsibility Report
CLEVELAND, Oct. 5, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today released its 2014 corporate social responsibility (CSR) report, Built on Purpose: Reinforcing Our Foundation. The 2014 report is Forest City's third annual CSR report and includes updates on the company's strategic management of environmental, social, economic and governance matters. "At Forest City, our shared commitment to corporate responsibility is rooted in our core values and brought to... 
09/18/15Forest City completes disposition of Skylight Office Tower in Cleveland
CLEVELAND, Sept. 18, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) announced today that it has completed the sale of its ownership interest in the Skylight Office Tower in downtown Cleveland to Hertz Acquisition Group.  The gross purchase price, including tenant inducements and reimbursement of seller costs, was $35.4 million. The transaction is expected to generate net proceeds after commissions and closing costs of approximately $34.2 million. "We're pleased to... 
09/15/15Forest City Executes Merger Agreement, Subsidiary Amends Form S-4 as part of REIT Conversion
NOTE: The date for the special shareholder meeting referred to in this press release has been changed to October 20, 2015. Please refer to this filing on Form 8-K by the company on September 17, 2015, for more information. CLEVELAND, Sept. 15, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. ("Forest City") (NYSE: FCEA and FCEB) today announced that it had entered into an agreement and plan of merger (the "Merger Agreement") by and among Forest City, Forest City Realty Trust, Inc. ("Forest... 
09/10/15Forest City announces new organizational structure
CLEVELAND, Sept. 10, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that the company will move to a new organizational structure to better align with its strategies and signature strength in urban, mixed-use real estate, while also increasing efficiency and improving operating margins. "Over the past several years, we have been transforming Forest City by focusing on core products and strong urban markets, improving our balance sheet and debt metri... 
09/08/15Nets Sports & Entertainment makes capital-call payment
CLEVELAND, Sept. 8, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) announced today that its subsidiary, Nets Sports & Entertainment (NS&E), made a $26.8 million payment for capital calls and fees related to its ownership interest in the Brooklyn Nets. The payment covers NS&E's share of team losses plus fees for the period of July 13, 2013, through September 8, 2015.  The company had previously announced that a forbearance agreement related to the payment had... 
08/21/15Forest City sets date for special shareholder meeting related to REIT conversion
NOTE: The date for the special shareholder meeting referred to in this press release has been changed to October 20, 2015. Please refer to this filing on Form 8-K by the company on September 17, 2015, for more information. CLEVELAND, Aug. 21, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) announced today that its Board of Directors has set the date of a special meeting of shareholders in connection with the company's previously announced plan to convert to a real es... 
08/12/15Nets Sports & Entertainment, Onexim extend forbearance agreement
CLEVELAND, Ohio -- August 12, 2015 -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) announced today that Nets Sports & Entertainment (NS&E) and Onexim have agreed to extend a forbearance agreement related to payment of capital calls and related fees for the Brooklyn Nets, through September 8. The agreement was originally set to expire August 12. NS&E is the consolidated subsidiary through which Forest City holds its ownership interests in the Nets and the Barclays Cen... 
08/04/15Forest City Reports 2015 Second-Quarter and Year-to-Date Results
- Operating FFO up 31 percent over second quarter 2014 - Overall Comp NOI up 3.8 percent, led by retail and apartments - FFO, net earnings up significantly, driven by gains on change in control of interests - De-leveraging continues: $138.9 million senior notes exchanged after quarter end - REIT conversion on track for January 1, 2016 CLEVELAND, Aug. 4, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced Operating FFO, FFO, net earnings/loss an... 
07/29/15Forest City Enterprises Notice of Second-Quarter Earnings and Conference Call
CLEVELAND, July 29, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) will release its second-quarter financial results on Tuesday, August 4, 2015, after the NYSE close, and will hold a conference call with investors on Wednesday, August 5, 2015 at 11:00 a.m. ET, to discuss these results.  Investors are invited to dial into the conference call hosted by David J. LaRue, president and chief executive officer. The conference call is scheduled for 11:00 a.m. ET, Wednesda... 
07/16/15Forest City Announces Exchange of $50.533 Million of Senior Notes for Common Stock
CLEVELAND, July 16, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has entered into a privately negotiated exchange agreement under which it will exchange approximately $50.533 million aggregate principal amount of its 4.25% Convertible Senior Notes due 2018 for shares of its Class A common stock and cash. Under the exchange agreement, the holders of the Notes will receive approximately 46.1425 shares of the company's Class A common stock p... 
07/15/15Forest City Announces Exchanges of $88.412 Million of Senior Notes for Common Stock
CLEVELAND, July 15, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has entered into separate, privately negotiated exchange agreements under which it will exchange approximately $8.151 million aggregate principal amount of its 5.00% Convertible Senior Notes due 2016, approximately $24.854 million aggregate principal amount of its 4.25% Convertible Senior Notes due 2018, and approximately $55.407 million aggregate principal amount of its 3.625% Co... 
07/13/15Forest City Subsidiary Files Form S-4
CLEVELAND, July 13, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. ("Forest City") (NYSE: FCEA and FCEB) today announced that Forest City Realty Trust, Inc. ("Forest City REIT"), its newly formed wholly owned subsidiary, filed a preliminary proxy statement/prospectus on Form S-4 with the Securities and Exchange Commission (the "SEC") in connection with Forest City's previously announced plan to convert to a real estate investment trust ("REIT"). The REIT conversion is expected to be effectiv... 
06/24/15Forest City Celebrates 12th Annual National Day of Service
CLEVELAND, June 24, 2015 /PRNewswire/ -- On Wednesday, June 24, more than 1,100 Forest City associates nationwide will participate in the company's 12th annual Community Day, a paid day of service benefitting non-profit organizations in many of the cities where the company has a presence. This year, associates from more than 60 Forest City locations will come together to provide much needed help to charities and agencies that provide critical services in our communities. "Since 2004, Commun... 
06/23/15Forest City closes acquisition of partner's interest in University Park life-science office properties
CLEVELAND, June 23, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has closed its previously announced share purchase and redemption agreement to acquire Health Care REIT's 49 percent equity interest in seven life-science office properties and two parking facilities at University Park at MIT, a mixed-use life-science office campus developed by Forest City, in Cambridge, Massachusetts.    The gross redemption price was $573.5 million, less He... 
06/18/15Work Begins on 38 Sixth Avenue at Pacific Park Brooklyn
CLEVELAND and BROOKLYN, N.Y., June 18, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB), a member of Greenland Forest City Partners, the joint venture developing the Pacific Park Brooklyn project, today announced that the joint venture has closed on financing for the construction of 38 Sixth Avenue, a 303-unit, 100-percent affordable apartment building at Pacific Park Brooklyn, and that work has begun on the building. Designed by SHoP Architects, 38 Sixth Avenue (fo... 
05/29/15Forest City to present at 2015 NAREIT REITWeek Conference
CLEVELAND, May 29, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that President and Chief Executive Officer David J. LaRue and Executive Vice President and Chief Financial Officer Robert G. O'Brien will make a presentation to investors attending the 2015 NAREIT REITWeek conference, June 9-11, 2015, at the New York Hilton Midtown in New York, NY.  The company's presentation is scheduled for Wednesday, June 10 at 12:30 p.m. Eastern Time.  A live w... 
05/27/15Forest City to Webcast 2015 Annual Meeting of Shareholders
CLEVELAND, May 27, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that the Company will webcast its 2015 annual meeting of shareholders beginning at 2:00 p.m. eastern time on Thursday, May 28, 2015.  The annual meeting is being held at the Ritz-Carlton hotel in Cleveland. The business portion of the meeting will be followed immediately by management remarks.  The meeting and remarks will be available live over the internet through an audio-only web... 
05/12/15Forest City Enterprises, Inc. Closes Offering of 37.375 Million Shares of Class A Common Stock
CLEVELAND, May 12, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has closed its previously announced public offering of 37,375,000 shares of Class A common stock at $22.50 per share, reflecting the full exercise by the underwriters of their option to purchase an additional 4,875,000 shares. The joint book-running managers for this offering are BofA Merrill Lynch, Goldman, Sachs & Co., Citigroup, Barclays and Morgan Stanley.   The co... 
05/06/15Forest City Enterprises, Inc. Prices Offering of 32.5 Million Shares of Class A Common Stock
CLEVELAND, May 6, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced the pricing of its previously announced public offering of 32.5 million shares of Class A common stock at $22.50 per share. The company has granted the underwriters a 30-day option to purchase up to an additional 4.875 million shares. Subject to customary closing conditions, the offering is expected to close on May 12, 2015. The joint book-running managers for this offering are BofA Me... 
05/04/15REMINDER and NEW TIME: Forest City Enterprises 2015 First-Quarter Earnings Conference Call
CLEVELAND, May 4, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) has released its first-quarter 2015 financial results and will hold a conference call tomorrow, Tuesday, May 5, 2015 at 8:00 a.m. ET to discuss these results. (PLEASE NOTE THE NEW TIME OF THE CALL.) Investors are invited to dial into the conference call hosted by David J. LaRue, president and chief executive officer.  A live webcast of the call will be available online through the Investors page of t... 
05/04/15Forest City Enterprises, Inc. Announces Offering of 32.5 Million Shares of Class A Common Stock
CLEVELAND, May 4, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that, subject to market and other conditions, it plans to offer 32.5 million newly issued shares of Class A common stock in an underwritten public offering, pursuant to its effective shelf registration statement previously filed with the Securities and Exchange Commission (SEC) (File No. 333200825). The company also announced that it expects to grant the underwriters a 30-day option to purc... 
05/04/15Forest City announces agreement to acquire partner's interest in University Park life-science office properties
CLEVELAND, May 4, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has entered into a share purchase and redemption agreement with Health Care REIT, Inc. (NYSE: HCN) to acquire Health Care REIT's 49 percent equity interest in seven life-science office properties and two parking facilities at University Park at MIT, a mixed-use life-science office campus developed by Forest City, in Cambridge, Massachusetts. The two companies entered into a 51/49 eq... 
05/04/15Forest City provides update on REIT conversion and financial targets
CLEVELAND, May 4, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today provided an update on its previously announced plan to convert to a real estate investment trust (REIT), and disclosed a range of financial metrics it is targeting over the next 18 to 36 months. "We are pleased to report back to investors with an update on our planned REIT conversion and on financial targets we will seek to achieve across a number of key metrics," said David J. LaRue, Forest Cit... 
05/04/15Forest City Reports 2015 First-Quarter Results
- Operating FFO up 20% over first quarter 2014 - Overall Comp NOI up 5.3%, led by retail and apartments - Strength in regional malls: comp sales hit $550 psf; new, same-space leases up 27% - FFO negatively impacted by loss on extinguishment of debt, REIT conversion costs - Arena annual stabilized NOI estimate revised downward to $55 million CLEVELAND, May 4, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced Operating FFO, FFO, net earnings/lo... 
04/27/15Forest City Enterprises Notice of First-Quarter Earnings and Conference Call
CLEVELAND, April 27, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) will release its first-quarter financial results on Monday, May 4, 2015, after the NYSE close, and will hold a conference call with investors on Tuesday, May 5, 2015 at 11:00 a.m. ET, to discuss these results.  Investors are invited to dial into the conference call hosted by David J. LaRue, president and chief executive officer. The conference call is scheduled for 11:00 A.M. ET, Tuesday, May 5, 2... 
03/05/15Forest City Announces Exchanges of $40.5 Million of Convertible Senior Notes due 2016 for Common Stock
CLEVELAND, March 5, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has entered into separate, privately negotiated exchange agreements under which it expects to  exchange approximately $40.5 million aggregate principal amount of its 5.00% Convertible Senior Notes due 2016 ("the Notes") for a total of 2,805,513 shares of the company's Class A common stock, plus a total cash payment of approximately $6.2 million, including accrued but unpaid intere... 
03/02/15Forest City to present at Citi 2015 Global Property CEO Conference
CLEVELAND, March 2, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that President and Chief Executive Officer David J. LaRue and Executive Vice President and Chief Financial Officer Bob O'Brien will make a presentation to investors attending the Citi 2015 Global Property CEO Conference, March 1-4, 2015, at The Diplomat Resort and Spa in Hollywood, Florida. The company's presentation is scheduled for Tuesday, March 3 at 10:50 a.m. Eastern Time.  A l... 
02/27/15Forest City Announces Exchanges of $248.3 Million of Senior Notes for Common Stock
CLEVELAND, Feb. 27, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has entered into separate, privately negotiated exchange agreements under which it will exchange approximately $120.1 million aggregate principal amount of its 4.25% Convertible Senior Notes due 2018 and approximately $128.2 million aggregate principal amount of its 3.625% Convertible Senior Notes due 2020, for a total of 10,838,998 shares of its Class A common stock, plus a cash ... 
02/24/15Forest City Reports 2014 Fourth-Quarter and Yearend Results
-- 2014 FFO of $1.75 per share and $1.16 per share (excluding Q4 gains on change in control of interests) exceed consensus estimates -- Overall Q4 Comp NOI up 7.7 percent, led by strong retail and office growth -- Operating FFO up 52 percent, quarter over quarter -- B2 BKLYN, modular factory re-started; non-cash impairment taken in Q4 -- Election of REIT status expected effective January 1, 2016 CLEVELAND, Feb. 24, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and... 
02/10/15Forest City Enterprises Notice of Fourth-Quarter and Yearend 2014 Earnings and Conference Call
CLEVELAND, Feb. 10, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) will release its fourth-quarter and yearend 2014 financial results on Tuesday, February 24, 2015, after the NYSE close, and will hold a conference call with investors on Wednesday, February 25, 2015 at 11:00 a.m. ET, to discuss these results.  Investors are invited to dial into the conference call hosted by David J. LaRue, president and chief executive officer. The conference call is scheduled for ... 
01/14/15REMINDER: Forest City Enterprises Investor Conference Call
CLEVELAND, Jan. 14, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) has announced that its board of directors has approved a plan under which the company intends to convert to REIT status as of January 1, 2016.  The company will hold a conference call with investors today, January 14, 2015 at 10:00 a.m. ET, to discuss this announcement.  Investors are invited to dial into the conference call hosted by David J. LaRue, president and chief executive officer.  A live webcas... 
01/13/15Forest City to convert to a REIT, continue to pursue strategic plan initiatives
- Targeting REIT conversion as of January 1, 2016 - Continuing to pursue deleveraging strategy and prudent, sustainable development levels - Evaluating optimum operational structure and related efficiencies - Committed to core urban markets and office, retail and apartment asset classes CLEVELAND, Jan. 13, 2015 /PRNewswire/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that its Board of Directors has approved a plan for the company to pursue conversion to re... 
01/08/15Forest City announces three additional project investments from its $400 million residential development fund
CLEVELAND, Jan. 8, 2015 /PRNewswire/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced the closing of three additional investment allocations – in Washington, D.C., Philadelphia, and Oakland, Calif. – as part of its $400 million residential real estate development fund with the Arizona State Retirement System (ASRS). All three of the closings were completed before yearend 2014. "These closings reflect our continued strong partnership with ASRS, and the execution of our st...