October 30, 1997 |
Aames Financial Corp. said Wednesday that fiscal first-quarter earnings fell 6% as it used more conservative accounting for recording revenue. The Los Angeles-based mortgage lender said it had net profit of $13.1 million, or 45 cents a share, in the quarter ended Sept. 30, compared with $14 million, or 56 cents a share, excluding a $28-million charge, for the same period a year ago. That exceeded the average estimate by analysts of 40 cents a share. The decline in earnings reflected an 11.
October 9, 1997 |
In a deal worth more than $43 million, Kilroy Realty in El Segundo has purchased six buildings in California, including two in Orange County, a brokerage firm said Wednesday. The properties include a 47,000-square-foot industrial building in Irvine and a 36,000-square-foot building in Tustin. The properties are both fully occupied by single tenants, said Mark McGilvray, with Insignia Commercial Group in Irvine. McGilvray represented the seller, Pacific Life Insurance Co.
July 30, 1997 |
El Segundo-based Kilroy Realty Corp., which has filed with the Securities and Exchange Commission to sell 10 million common shares, expects to use a majority of the proceeds to finance new acquisitions. The company, which operates as a real estate investment trust, hopes to raise as much as $246.2 million from the offering if the shares sell for $26.06 each, the SEC filing said.
June 5, 1997 |
Thirteen Orange County industrial buildings owned by Edison Co.'s real estate subsidiary, Mission Land Co., have been purchased by El Segundo-based real estate investment trust Kilroy Realty Corp. The buildings, which are 10 to 20 years old, were part of a $43.6-million property sale that included a small office building in Torrance and a warehouse in Ontario.
May 6, 1997
Companies with highest ratios of market value to annual sales. A high "price-to-sales ratio" usually denotes a company that is expected to show explosive growth. *--* 4/18/97 1996 Price/ mkt. value revenue sales Rank Company (millions) (millions) ratio 1 Affymetrix Inc. $570 $12 48% 2 Yahoo Inc. 844 27 31 3 Redwood Trust Inc. 482 16 31 4 Advanced Tissue Sciences 408 17 24 5 Protein Design Labs Inc. 520 23 23 6 Gilead Sciences Inc. 689 33 21 7 Pixar Animation Studios 662 38 17 8 CNET Inc.
January 30, 1997 |
Shares of El Segundo-based Kilroy Realty Corp. rose 9.8% on Wednesday in their first day of trading, as investors rushed to get in on the ground floor of the resurgent Southern California economy and its recovering office property market. "It's the market with the most upside potential left, and investors are hoping for the type of recovery there that they have been able to witness in the rest of the country," said Chris Hartung, a real estate analyst at Montgomery Securities.
November 7, 1996 |
Moving to take advantage of an increasingly strong commercial real estate market in California, Kilroy Realty Corp. said it plans to sell 9.26 million common shares in an initial public offering. The El Segundo-based commercial real estate firm said it expects to raise as much as $169.7 million from the offering after expenses while selling new investors an 85% stake in the company.