Forest City Enterprises
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09/01/10Forest City Enterprises Notice of Second-Quarter 2010 Earnings and Conference Call
CLEVELAND, Sept 01, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) will release its second-quarter 2010 financial results on Wednesday, September 8, 2010, after the NYSE close, and will hold a conference call with investors on Monday, September 13, 2010 at 11:00 a.m. ET, to discuss these results. Investors are invited to dial into the conference call hosted by Charles A. Ratner, president and chief executive officer. The conference call is scheduled fo... 
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08/30/10Forest City Selected by U.S. Air Force for Military Family Housing at Four Southern Group Bases
CLEVELAND, Aug 30, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that its Forest City Military Communities subsidiary has been selected by the U.S. Air Force to privatize military family housing at four bases in the southeastern United States. The project will involve the management, new construction and/or demolition of Air Force family housing at the Southern Group bases, resulting in an end state of approximately 2,185 units.   ... 
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08/20/10Forest City Announces Closing of $46.1 Million Financing for D.C. Apartment Project at The Yards
CLEVELAND, Aug 20, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that a subsidiary closed a $46.1 million HUD-insured mortgage loan for Foundry Lofts, a 170-unit, 80/20 multifamily apartment building at The Yards, Forest City's mixed-use project in southeast Washington, D.C. (Logo: http://www.newscom.com/cgi-bin/prnh/20080515/FRSTCTYLOGO ) (Logo: http://photos.prnewswire.com/prnh/20080515/FRSTCTYLOGO ) "This financing is an importan... 
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08/19/10Forest City Announces Land, Leasing Agreements for Rock Gaming Cleveland Casino Development at Tower City Center
CLEVELAND, Aug 19, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) and Rock Gaming LLC, today announced that subsidiaries have reached agreements under which Rock Gaming will acquire land and air rights from Forest City for development of a casino along Huron Road adjacent to the Tower City Center complex in downtown Cleveland. (Logo: http://photos.prnewswire.com/prnh/20080515/FRSTCTYLOGO ) (Logo: http://www.newscom.com/cgi-bin/prnh/20080515/FRSTCTYLOGO... 
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07/30/10Forest City Sells Interest in San Francisco's Metreon to Unit of Westfield
CLEVELAND, July 30, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that a subsidiary has closed the sale of its 50 percent interest in Metreon, a 279,000-square-foot mixed-use project in downtown San Francisco, to a U.S. unit of Westfield Group (ASX: WDC). The two companies have had equal interests in Metreon since acquiring it in 2006, and both continue to own their interests in the nearby Westfield San Francisco Centre/Emporium mixed-use p... 
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07/12/10Forest City Sells San Jose Apartment Community to Unit of Essex Property Trust
CLEVELAND, July 12, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that a subsidiary has closed the sale of 101 San Fernando, a 323-unit apartment community in San Jose, Calif. to a subsidiary of Essex Property Trust, Inc. (NYSE: ESS), a real estate investment trust based in California. The gross sale price was $59.6 million, representing a cap rate of approximately 5.0 percent, based on trailing 12-month net operating income. Forest City ex... 
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06/14/10Forest City to Webcast 2010 Annual Meeting of Shareholders
CLEVELAND, June 14, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced that the Company will webcast its 2010 annual meeting of shareholders beginning at 2:00 p.m. Eastern time on Wednesday, June 16, 2010. 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 presentations. The presentations will be simultaneously broadcast live over the Int... 
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06/10/10Forest City Announces Closing of Permanent Financing for East River Plaza Retail Project
CLEVELAND, June 10, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that a subsidiary has closed on the conversion of the construction facility for the East River Plaza retail center in Manhattan, to a $214.3 million ($107.2 million at the Company's pro-rata share) term loan.   The conversion to permanent financing, with maturity in January 2019, is through the same lender group that provided construction financing for the center. The lo... 
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06/09/10REMINDER: Forest City Enterprises Fiscal 2010 First-Quarter Earnings Conference Call
CLEVELAND, June 9, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) has released its first-quarter 2010 financial results and will hold a conference call on Monday, June 14, 2010 at 11:00 a.m. ET to discuss these results. Investors are invited to dial into the conference call hosted by Charles A. Ratner, president and chief executive officer, or to listen to a live webcast of the call through www.forestcity.net.   The conference call is scheduled for 11... 
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06/09/10Forest City Responds To Community Needs By Donating A Day Of Service
1,000 associates nationwide participate in seventh annual Forest City Community Day Cleveland, OH -- June 9, 2010 -- Forest City associates nationwide trade in their computers and office supplies today for work gloves, paint brushes and shovels during the company's Seventh Annual Community Day. Community Day is a day of service that brings Forest City associates from across the country together to provide much needed help to more than 60 charitable organizations nationwide. Associates are call... 
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06/08/10Forest City Reports Fiscal 2010 First-Quarter Results
CLEVELAND, June 8, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc. (NYSE: FCEA and FCEB), today announced EBDT, net loss and revenues for the three months ended April 30, 2010. EBDT First-quarter EBDT (earnings before depreciation, amortization and deferred taxes) was $70.5 million, an increase of $28.9 million compared with 2009 first-quarter EBDT of $41.6 million. On a fully diluted, per share basis, first-quarter 2010 EBDT was $0.37, a 5.1 percent decrease compared with 200... 
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06/02/10Forest City Enterprises Notice of First-Quarter 2010 Earnings and Conference Call
CLEVELAND, June 2, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) will release its first-quarter 2010 financial results on Tuesday, June 8, 2010, after the NYSE close, and will hold a conference call with investors on Monday, June 14, 2010 at 11:00 a.m. ET, to discuss these results. Investors are invited to dial into the conference call hosted by Charles A. Ratner, president and chief executive officer.   The conference call is scheduled for 11:00 A.M... 
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05/12/10Forest City Announces Closing of Agreement with Mikhail Prokhorov Related to Nets, Barclays Center and Atlantic Yards
CLEVELAND, May 12, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that its New York-based subsidiary, Forest City Ratner Companies, closed an agreement with Nets Sports and Entertainment and Mikhail Prokhorov, under which entities controlled by Prokhorov will acquire an 80 percent stake in the Nets basketball team and a 45 percent share in the Barclays Center arena in Brooklyn. The transaction was approved by the National Basketball Association... 
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04/01/10Forest City Announces Creation of Partnership For Financing and Development of 3,000-Acre, Houston-Area Planned Community
CLEVELAND, April 1, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc. (NYSE: FCE.A and FCE.B)today announced the creation of a partnership with Johnson Development to provide capital for the financing and development of Woodforest, an active, 3,000-acre master planned community in suburban Houston, Texas.   A subsidiary of Forest City invested a total of approximately $7 million to help secure the extension of an existing development financing facility with a local Houston ba... 
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03/31/10REMINDER: Forest City Enterprises Fiscal 2009 Fourth-Quarter and Year-to-Date Earnings Conference Call
CLEVELAND, March 31, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) has released its fourth-quarter 2010 financial results and will hold a conference call on Thursday, April 1, 2010 at 11:00 a.m. ET to discuss these results. Investors are invited to dial into the conference call hosted by Charles A. Ratner, president and chief executive officer, or to listen to a live webcast of the call through www.forestcity.net.   The conference call is scheduled f... 
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03/30/10Forest City Reports Fiscal 2009 Full-Year and Fourth-Quarter Results
CLEVELAND, Ohio, March 30, 2010 /PRNewswire via COMTEX/ --Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced EBDT, net earnings and revenues for the fourth quarter and full year ended January 31, 2010. EBDT EBDT (Earnings Before Depreciation, Amortization and Deferred Taxes) for the full year ended January 31, 2010, was $301.1 million, a 37.5 percent increase compared with last year's $218.9 million. EBDT for the fourth quarter was $78.4 million, an 11.2 percent increase com... 
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03/25/10Forest City Names David LaRue to New Position of Chief Operating Officer
CLEVELAND, March 25, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc. (NYSE: FCE.A and FCE.B) announced today the appointment of David J. LaRue to the newly created position of executive vice president and chief operating officer, with responsibility for real estate activities across all of the Company's business units. LaRue will report to Charles A. Ratner, Forest City president and chief executive officer, who said the appointment is intended to help coordinate growth initiativ... 
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03/24/10Forest City Enterprises Notice of Fourth-Quarter 2009 Earnings and Conference Call
CLEVELAND, March 24, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) will release its fourth-quarter 2009 financial results on Tuesday, March 30, 2010, after the NYSE close, and will hold a conference call with investors on Thursday, April 1, 2010 at 11:00 a.m. ET, to discuss these results. Investors are invited to dial into the conference call hosted by Charles A. Ratner, president and chief executive officer.   The conference call is scheduled for 1... 
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03/11/10Forest City celebrates ceremonial groundbreaking for Barclays Center at Atlantic Yards project is Brooklyn
CLEVELAND, Ohio and BROOKLYN, New York – March 11, 2010 – Forest City Enterprises, Inc. (NYSE: FCE.A and FCE.B) today celebrated the ceremonial groundbreaking for the Barclays Center arena at the Atlantic Yards mixed-use project in Brooklyn. Bruce Ratner, chairman and chief executive officer of Forest City Ratner Companies, the company's New York-based subsidiary, and other Forest City executives, were joined by New York Governor David Paterson, New York City Mayor Michael Bloomberg, Brooklyn ... 
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03/04/10Forest City Announces Private Transactions With Certain Senior Note Holders for New Convertible Preferred Equity
CLEVELAND, March 4, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc. (NYSE: FCE.A and FCE.B) today announced that it has entered into separate, privately negotiated exchange agreements with certain holders of three separate series of the Company's senior notes due in 2011, 2015 and 2017. Under the terms of the agreements, these holders have agreed to exchange their notes for a new issue of Series A Cumulative Perpetual Convertible Preferred Stock (the "Convertible Preferred Stock").... 
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03/04/10Forest City Announces Decision by Saks To Withdraw From Westchester County Mixed-Use Project
CLEVELAND, March 4, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc. (NYSE: FCE.A and FCE.B) today announced that it has been notified by Saks Incorporated that the company will not move forward with a Saks Fifth Avenue store at Forest City's mixed-use development, Westchester's Ridge Hill, in Yonkers, New York. Saks had previously signed a non-binding letter of intent to locate a store at Ridge Hill.   "This is obviously a disappointment, but we are fully committed to seein... 
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02/22/10Forest City Announces Joint Venture with Health Care REIT for University Park Life Science Properties
CLEVELAND, Feb 22, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) and Health Care REIT, Inc. (NYSE: HCN) today announced the creation and first-stage closing of a new $668 million joint venture in Forest City's mixed-use University Park project in Cambridge, Mass.   Under the terms of the joint venture, Health Care REIT will acquire a 49 percent interest in the seven University Park life science properties owned solely by Forest City. For its share of... 
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02/19/10Forest City and Bernstein Management Announce Joint Venture for Washington, D.C. Area Apartment Properties
CLEVELAND, Feb 19, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) today announced the creation of a joint venture with Bernstein Management Corporation for ownership of three residential multifamily properties, totaling 1,340 rental units, in the Washington, D.C. metropolitan area. Forest City expects to realize proceeds of approximately $34 million from the creation of the joint venture. The transaction equates to a cap rate of 6.5 percent based on 2009 net... 
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02/11/10Forest City Celebrates the Grand Opening of The Village at Gulfstream Park
CLEVELAND, Feb 11, 2010 /PRNewswire via COMTEX/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today celebrated the grand opening of The Village at Gulfstream Park, its newest mixed-use, open-air retail center, in Hallandale Beach, Fla.   The 497,000-square-foot center, adjacent to Gulfstream Park Racetrack and Casino, is South Florida's newest outdoor shopping and entertainment destination, featuring an exciting collection of fashion boutiques, home decor shops, signature restau... 
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01/29/10Forest 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. "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. "We're gratified by the support and confidence shown by the members ... 
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01/27/10Forest 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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