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real estate News Archive 20-May-2008
Washington Real Estate plans stock offering (AP via Yahoo! Finance) Washington Real Estate Investment Trust said Monday it plans a public offering of 2.3 million common shares. The company plans to use proceeds from the offering to repay debt.
Robert F. Maguire III loses control of real estate company he founded (Los Angeles Times)Escalating losses and falling stock prices prompted calls from dissident shareholders for his replacement at Maguire Properties Inc. One of Los Angeles' best known corporate and civic leaders, Robert F. Maguire III, is no longer in control of the real estate company he founded.
Washington Real Estate Investment Trust plans secondary offering (BizJournals)Washington Real Estate Investment Trust will sell more stock to the public and use the proceeds to pay down debt. (WRE)
Court bans real estate investor from doing business in Iowa (WHO-TV 13 Des Moines) Associated Press - May 19, 2008 5:44 PM ET DES MOINES, Iowa (AP) - A Des Moines real estate investor accused of consumer fraud has been banned from doing business in Iowa.
Court bans real estate investor from doing business in Iowa (KWWL Iowa)DES MOINES, Iowa (AP) - A Des Moines real estate investor accused of consumer fraud has been banned from doing business in Iowa. A Polk County District Court judge on Monday ordered John Davis to stop selling, renting, leasing or investing in real estate in Iowa.
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