CenterPoint Properties Trust, Oak Brook, Ill., has issued $150 million of senior unsecured notes bearing an annual interest rate of 4.75%.The securities, due Aug. 1, 2010, have a yield to maturity of 4.771%, representing a spread of 117 basis points over the seven-year Treasury, CenterPoint said. The joint book-runners of the offering were Lehman Brothers and Wachovia Securities. CenterPoint is a real estate investment trust specializing in warehouse/industrial facilities in the Chicago region. It can be found online at http://www.centerpoint-prop.com.
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OceanFirst Financial worked with an asset manager to apply the structure to a $1.5 billion portfolio of residential mortgages.
29m ago -
President Dhivya Suryadevara is leaving the company shortly after assuming the job, the latest move as the company attempts to recover from an earnings slump.
1h ago -
Counter to prevailing narratives about rules and enforcement activity whipsawing from one administration to the next, public citations by federal banking regulators have steadily declined over the past decade — under both Democratic and Republican administrations.
9h ago -
Flatworld Mortgage Solutions says its former vice president breached his employment agreements by soliciting its customers as he formed a rival offshoring firm.
July 7 -
The HomeSafe Second product is now available in more than one third of all states, according to the reverse mortgage specialist.
July 7 -
The Department of Housing and Urban Development agreed to do more to manage due-and-payable obligations contingent on the availability of certain resources.
July 7







