Seeking Alpha

Equity One Inc. (EQY)

  • Thu, May 14, 4:49 PM
  • Sep. 26, 2011, 4:25 PM
    Shopping center REIT Equity One (EQY) announces it's selling 36 shopping centers to a Blackstone (BX) fund for $473.1M. As of June 30, the assets generated annual net income of $35.4M, and had mortgage loans with a principal balance of $177.4M.
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Company Description
Equity One Inc is a real estate investment trust. The Company owns, manages, acquires, develops and redevelops shopping centers and retail properties located in supply constrained suburban and urban communities.
Sector: Financial
Industry: REIT - Retail
Country: United States