|
|
Article: Tarragon Realty Announces Sale of New Haven Property And Continuation of Stock Buy Back Program.
- Article from:
- PR Newswire
- Article date:
- September 17, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. 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)
|
NEW YORK, Sept. 17 /PRNewswire/ --
Tarragon Realty Investors Inc (Nasdaq: TARR) announced the sale of the Strouse Adler building in New Haven, CT by its 70 percent owned affiliate, Ansonia Apartments LLC. The property was acquired December 31, 1999, for $1.4 million and was sold for $2.6 million in a cash transaction.
William S Friedman, Chairman, stated, "We were pleased to take a quick profit in view of the splendid reinvestment opportunities we have in our pipeline, including commercial and residential projects ready to go in Paramus, NJ, Stratford, CT and Charleston, SC. We also intend to use a portion of these proceeds for our continuing stock ...
Related newspaper, magazine, and journal articles:
|
|
Article: Tarragon Realty Investors Acquires Guardian ...
PR Newswire;
July 10, 2003 ;
700+ words
...Tarragon Realty Investors, Inc. , a real estate investor and developer of ... respectively, of Tarragon Development Corp. About Tarragon Realty Investors, Inc. Tarragon Realty Investors, Inc. is a real estate investor and developer ...
|
|