|
|
Article: CapLease Announces Third Quarter 2009 Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
CapLease, Inc. (NYSE: LSE), a real estate investment trust (REIT) focused on single-tenant commercial real estate investments, announced its results for the third quarter ended September 30, 2009. Net (loss) to common stockholders was $(4.1) million, and funds from operations, or FFO, was $8.5 million. Third Quarter 2009 Highlights: FFO of $0.28 Per Share Before Items Affecting Comparability, or $0.17 Per Share Including Such Items
Raising 2009 Guidance
Reduced Credit Facility Balance To $129 Million, Extended Maturity Date Until April 2011
Stable Revenues of $45.1 Million
Increased Financial Flexibility And Liquidity, With Cash of $41 ...