Indiana Landmarks still trying to save pre-Civil War home
The Cotton-Ropkey House was built in 1850 and features Greek Revival and Italianate features, including six-over-six windows, walnut floors and crown moldings.
Kite Realty Group
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Kite reports larger quarterly loss, higher revenue
The Indianapolis-based real estate investment trust attributed much of the $2.7 million loss to $1.8 million in interest and depreciation expenses on some of its properties. Revenue grew to $25.1 million.
Revamped Pan Am Plaza on track for October debut
Workers have ripped out the old fountain and crumbling bricks of Pan Am Plaza, making way for a waterproof membrane and new stone pavers in a Kite Realty Group Trust project to stabilize the plaza until it can pull off a redevelopment.
Developer Kite to remake key corner in Carmel
Kite Realty Group Trust is planning a Rivers Edge-like overhaul of two shopping centers it owns at 116th Street and Rangeline Road in Carmel. The Indianapolis-based real estate firm already has landed new tenants, including a natural and organic grocery store and a handful of restaurants.
Kite reports narrow loss as revenue rises
Kite Realty Group Trust Inc. reported a narrow first-quarter loss as a healthy revenue increase and a gain on the sale of an out-of-state shopping center were partially offset by a $1.3 million litigation charge.
PROXY CORNER: Kite Realty Group Trust
Indianapolis-based Kite Realty Group Trust is a real estate investment trust, engages in the development, construction, acquisition, ownership and operation of shopping centers in the United States.
Kite reports quarterly profit, smaller annual loss
The Indianapolis-based real estate investment trust earned a profit of $3.1 million for the quarter ended Dec. 31, but lost $800,000 for the entire year.
Kite reports narrower loss on higher revenue, occupancy
Kite Realty Group Trust Inc. saw a smaller loss in its third quarter compared to a year ago, along with higher revenue and occupancy rates at its retail properties, the Indianapolis-based real estate investment trust announced Wednesday afternoon.
Parking already at a premium at Rivers Edge shopping center
The 617 parking spaces at the newly renovated Rivers Edge shopping center meet the minimum commercial-zoning allotment—but just barely.
Kite shares still grounded two years after plunge
Kite Realty Group Trust says leasing activity is up, debt maturities are under control, and new retail developments could boost operating income this year an impressive 17 percent. Yet shares in the locally based firm still fail to excite investors.
Kite sees smaller loss, more revenue in 2nd quarter
Kite Realty Group Trust saw a smaller loss and higher revenue in the second quarter compared to the same quarter a year ago, the Indianapolis-based real estate investment trust announced late Thursday.
Kite Realty Trust reports wider first-quarter loss
Indianapolis-based Kite Realty Group Trust on Friday reported a wider first-quarter loss than a year ago thanks to declining revenue and a big dividend payment to preferred shareholders.
PROXY CORNER: Kite Realty Group Trust
Indianapolis-based Kite Realty Group Trust engages in the development, construction, acquisition, ownership and operation of shopping centers in the United States.
Kite Realty sees decline in quarterly results
Indianapolis-based Kite Realty Group Trust on Wednesday reported a fourth-quarter loss on declining revenue.
Kite plans to raise $65 million in stock offering
The Indianapolis-based real estate investment trust said it will sell 2.6 million shares of preferred stock at $25 each to repay debt, purchase property and use for general corporate purposes.
Kite Realty improves third-quarter results
Indianapolis-based Kite Realty Group Trust improved its financial performance in the third quarter, reporting funds from operations of $7.8 million, up from $2.8 million in the same period last year despite a slight dip in revenue.
Legal fight over Pan Am Plaza outpaces redevelopment
Plaintiffs are challenging the city’s 2007 decision to waive a hefty fee that otherwise would have been required to redevelop the crumbling site.
Kite lands new tenants for Fishers shopping center
Kite Realty Group Trust has landed Goodwill, Dollar Tree and Mexico City Grill for a renovation of its Fishers Station shopping center at the northeast corner of 116th Street and Allisonville Road in Fishers.
PROXY CORNER: Kite Realty Group Trust
Kite Realty Group Trust, is a real estate investment trust that engages in the development, construction, acquisition, ownership and operation of shopping centers in the United States.
Kite Realty Group reports lower funds from operations
Indianapolis-based developer said the loss reflected slower construction activity and lower profit on land and outlet sales.
Occupancy at its retail centers increased, however, to 91 percent.