When auditors looked at an oil-and-gas royalty trust set up by Congress to benefit Utah's Navajo Indians, they found $50 million had disappeared or was squandered on bribes, bad business deals and payoffs.
BioMed Realty Trust Inc. said it boosted its quarterly dividend 27 percent, or 3 cents, to 14 cents per share.
Real estate investment trust Government Properties Income Trust declared a regular quarterly cash dividend of 40 cents per share.
BioMed Realty Trust Inc. said Wednesday that the tender offer by BioMed Realty LP for outstanding exchangeable senior notes due 2026 has expired.
Lawyers for Utah's 7,500 Navajos say they're close to settling a lawsuit alleging Utah failed to properly manage a trust fund that collects royalties on reservation oil wells.
HRPT Properties Trust on Friday said it completed a new mortgage financing for $175 million, and plans to use the proceeds to reduce outstanding debt under its revolving bank credit facility.
An analyst upgraded shares of Hospitality Properties Trust Wednesday and said it expects the real estate investment trust to reinstate its cash dividend in 2010.
Wilmington Trust Corp. said Wednesday it has not loaned money to CIT Group Inc. and therefore is not a creditor in the commercial lender's bankruptcy.
Gov. Arnold Schwarzenegger has never shied away from changing his mind. Lately, it seems that's all he's been doing, creating confusion in the capital as he tries to tackle an ambitious policy agenda before his time in office runs out.
Investors Real Estate Trust said it expects $62.6 million in net proceeds from a follow-on offering that closed Friday.
Glimcher Realty Trust said Monday it has commenced an offer to sell $80 million worth of its common shares in a public sale.
President Barack Obama is telling Wall Street to take steps on its own to rebuild trust with the public, and not wait for Congress to legislate the tighter oversight of the industry he is pushing.
A year after the financial markets trashed trillions in retirement savings, it's a great time to take a closer look at your investment risk. The Answer Desk, by John W. Schoen.
Shares of Wilmington Trust Corp. rose Thursday after an upgrade by a SunTrust Robinson Humphrey analyst, who said the regional bank is seeing credit trends improve and is unlikely to make a near-term stock offering to raise capital.
A Utah judge has ordered the sale of a 400-acre parcel of land that is part of a communal property trust established by followers of jailed polygamous sect leader Warren Jeffs.
Self storage company U-Store-It Trust said Wednesday it made $161.2 million from a public offering of 32.2 million common shares.
Shares of hotel magnate Barry Sternlicht's Starwood Property Trust Inc. initially declined on their first day of trading Wednesday before closing unchanged, even as the broader markets edged up after the Federal Reserve left a key interest rate at a record low.
Federal Realty Investment Trust said on Tuesday that its offering of more than 1.7 million shares has been priced at $57.50 each.
Healthcare Realty Trust Inc. on Monday said its funds from operations rose 35 percent in the second quarter as revenue rose.
Healthcare Realty Trust Inc. on Monday said its board declared a dividend of 38.5 cents for the second quarter.
A Utah judge has scheduled a hearing to consider whether to allow the sale of a 438-acre parcel of land where a southern Utah-based polygamous church headed by jailed leader Warren Jeffs had planned to build a temple.
A judge has rejected a proposed settlement that would have returned control of a state-managed land trust back to followers of polygamous leader Warren Jeffs.
U.S. Sen. Charles Schumer said Tuesday that federal officials must do a more detailed study on how the local economy would be affected if 129 acres of upstate New York land are put into trust for the Cayuga Indian Nation.
A court-appointed fiduciary of a polygamous church trust has pleaded not guilty to misdemeanor trespassing and other charges related to his management operations.
A court-appointed fiduciary has reversed his decision to reject a check for past-due housing fees from a polygamous church.