American Spectrum Realty (AQQ) 1.68 $AQQ
American Spectrum Realty, Inc. Announces Subsidiaries' Successful Emergence from Chapter 11
Business Wire - Wed Jul 30, 8:01AM CDT
American Spectrum Realty, Inc. (the "Company"
(NYSE/MKT: AQQ) - a real estate investment, management and leasing company - announced the approval of a Joint Plan of Reorganization ("Plan" for three of its subsidiaries, ASR-8 Centre LP, ASR-Parkway One & Two LP, and ASR-Fountainview Place LP (the "Subsidiaries". The Subsidiaries filed voluntary petitions for reorganization in response to foreclosure proceedings instituted by creditors of debt secured by the Subsidiaries' assets, consisting of four real property assets, in order to preserve the value of the assets which the Company believed to be in excess of the outstanding secured debt.
American Spectrum Realty -- NYSE Plan of Compliance
Business Wire - Tue Jul 01, 4:28PM CDT
American Spectrum Realty, Inc. (NYSE/MKT: AQQ) - a real estate investment management and leasing company - today announced the receipt by the Company of correspondence from NYSE MKT LLC (the "Exchange" advising the Company that it accepted the Company's plan to regain compliance with the Exchange's continued listing standards and establishing time periods for the Company to regain compliance.
Cornerstone Realty Group, Inc. announces participation in note purchases
PR Newswire - Wed Jun 18, 10:23AM CDT
John Itzel, President of Cornerstone Realty Group, Inc. (CRG) is pleased to announce the participation of TGG Realty, an affiliate, in a joint venture with American Spectrum Realty Group to acquire discounted single family trust deed notes. The initial capitalization of the venture is $1 million. TGG will manage the acquisition and disposition of the notes. The joint venture partners expect to expand the investment to several million dollars over the next twelve months. The business plan calls for the completion of the foreclosure process on the loans and then offer the properties for lease to the former borrowers or list the properties for sale.
American Spectrum Realty Enters Settlement Agreement with Dunham & Associates
Business Wire - Mon Jun 16, 10:18AM CDT
American Spectrum Realty, Inc. (NYSE/MKT: AQQ) - a real estate investment management and leasing company - today announced the settlement of an action filed by American Spectrum in the District Court of Harris County, Texas, entitled American Spectrum et. al. v. Dunham & Associates Holdings, Inc. et. al., Case No. 2014-24363.
American Spectrum Realty Form 10-Q and NYSE Plan of Compliance
M2 - Fri May 30, 2:38AM CDT
American Spectrum Realty Inc (NYSE/MKT:AQQ), a real estate investment management and leasing company, stated on Thursday a delay in the filing of its Form 10-Q for the quarter ended 31 March 2014 and the receipt of correspondence from NYSE MKT LLC (the exchange) advising that it is not in compliance with some continued listing standards.
American Spectrum Realty Records $7,800,000 Gain in First Quarter on Lawsuit Settlement
Business Wire - Fri Jan 17, 7:55AM CST
American Spectrum Realty, Inc. (NYSE/MKT: AQQ) - a real estate investment, management and leasing company - today announced a settlement of claims between the Company, including its affiliates, and entities related to New West Realty and its affiliates.
American Spectrum Realty Announces $2 Million Gain on Sale of Houston Shopping Center
Business Wire - Tue Jan 14, 8:09AM CST
American Spectrum Realty, Inc. (NYSE/MKT: AQQ) - a real estate investment, management and leasing company - today announced that it would record a $2 million gain in the first quarter of 2014 on a real estate sale in Houston, TX.
American Spectrum Realty Takes Court Action Regarding Wholly-Owned Subsidiaries
Business Wire - Fri Jan 10, 4:59AM CST
American Spectrum Realty, Inc. (NYSE MKT: AQQ) - a real estate investment, management and leasing company - today announced a recent court filing in the Southern District of Texas as negotiations regarding three loans pertaining to four Houston commercial properties broke down with a private equity firm, which acquired the loans from the original lender.
American Spectrum Realty Obtains $6M in New Working Capital Financing
Business Wire - Tue Jan 07, 8:09AM CST
American Spectrum Realty, Inc. (NYSE MKT: AQQ) - a real estate investment, management and leasing company - today announced that it had obtained a new working capital loan of $6 million.
American Spectrum Realty Acquires $84.8M Portfolio
Business Wire - Tue Jan 07, 8:08AM CST
American Spectrum Realty, Inc. (NYSE MKT: AQQ) - a real estate investment, management and leasing company - today announced the acquisition of a diverse real estate portfolio valued at an estimated gross value of $84.8 million, which included the assumption of $17.2 million of debt, from three limited partnerships managed by Asset Managers, Inc. of San Diego, CA.: D&A Daily Mortgage Fund III, L.P., D&A Semi-Annual Mortgage Fund III, L.P. and D&A Intermediate-Term Mortgage Fund III, L.P.
American Spectrum Realty Reports Second Quarter Results
Business Wire - Thu Aug 15, 3:24PM CDT
American Spectrum Realty, Inc. (NYSE MKT: AQQ) ("the Company", a real estate investment, management and leasing company headquartered in Houston, Texas, announced today its results for the quarter ended June 30, 2013.
American Spectrum Realty Reports First Quarter Results
Business Wire - Wed May 15, 8:20AM CDT
American Spectrum Realty, Inc. (NYSE MKT: AQQ) ("the Company", a real estate investment, management and leasing company headquartered in Houston, Texas, announced today its results for the quarter ended March 31, 2013.
American Spectrum Realty Announces Its 15th Successful Loan Refinance in Recent Months
Business Wire - Thu May 09, 8:03AM CDT
American Spectrum Realty, Inc. (NYSE MKT:AQQ), a real estate investment, management and leasing company headquartered in Houston, Texas, announced today that it has successfully negotiated a new loan for a 200,000 square foot industrial building, known as the Commerce Distributions Center. This facility is located in the city of Commerce (Los Angeles), CA.
American Spectrum Awarded Property Management Assignment of a Large Self-Storage Portfolio
Business Wire - Tue Apr 23, 7:55AM CDT
American Spectrum Realty, Inc. (NYSE MKT: AQQ) ("The Company", a real estate investment, management and leasing company headquartered in Houston, Texas, made a major announcement this week that its subsidiary, American Spectrum Self-Storage Management, LLC, has been named the property management company of 19 self-storage properties.
Correcting American Spectrum Realty Reports 2012 Year End Results
Business Wire - Fri Apr 12, 4:15PM CDT
Funds From Operations, First table, 2012 column, last row should read: (3,795) instead of 3,795, in order for the table to foot and agree with narrative.
American Spectrum Realty Announces Second Successful Loan Refinance in First Quarter 2013
Business Wire - Tue Apr 02, 8:04AM CDT
American Spectrum Realty, Inc. (NYSE MKT:AQQ), a real estate investment, management and leasing company headquartered in Houston, Texas, announced today that it has successfully negotiated a new loan for Northwest Spectrum Plaza located at 11755 West Little York in Houston, TX.
American Spectrum Realty Reports 2012 Year End Results
Business Wire - Mon Apr 01, 9:23AM CDT
American Spectrum Realty, Inc. (NYSE MKT: AQQ) ("the Company", a real estate investment, management and leasing company headquartered in Houston, Texas, announced today its results for the year ended December 31, 2012.
American Spectrum Realty Announces Successful Completion of a New Loan Refinance for Windrose Shopping Center
Business Wire - Tue Mar 05, 7:50AM CST
American Spectrum Realty, Inc. (NYSE MKT:AQQ), a real estate investment, management and leasing company headquartered in Houston, Texas, announced today that it has successfully negotiated a new loan for Windrose Shopping Center located at 20423 Kuykendahl Road in Houston, TX.
American Spectrum Reaches Settlement Agreement with Evergreen Realty Group - Clarification to the Press Release Dated January 15, 2013
Business Wire - Wed Jan 23, 8:04AM CST
American Spectrum Realty, Inc. (NYSE MKT: AQQ) - Further to the Company's press release dated January 15, 2013 regarding the settlement agreement it had reached with Evergreen Realty Group, the Company wishes to clarify that the total settlement amount was $4.6 million. The total settlement of $4.6 million included cash, a new note, and nonconvertible preferred stock as settlement of the $9.4 million note.
American Spectrum Realty, Inc. Announces Subsidiaries' Successful Emergence from Chapter 11
Business Wire - Wed Jul 30, 8:01AM CDT
American Spectrum Realty, Inc. (the "Company"
(NYSE/MKT: AQQ) - a real estate investment, management and leasing company - announced the approval of a Joint Plan of Reorganization ("Plan" for three of its subsidiaries, ASR-8 Centre LP, ASR-Parkway One & Two LP, and ASR-Fountainview Place LP (the "Subsidiaries". The Subsidiaries filed voluntary petitions for reorganization in response to foreclosure proceedings instituted by creditors of debt secured by the Subsidiaries' assets, consisting of four real property assets, in order to preserve the value of the assets which the Company believed to be in excess of the outstanding secured debt. American Spectrum Realty -- NYSE Plan of Compliance
Business Wire - Tue Jul 01, 4:28PM CDT
American Spectrum Realty, Inc. (NYSE/MKT: AQQ) - a real estate investment management and leasing company - today announced the receipt by the Company of correspondence from NYSE MKT LLC (the "Exchange"
advising the Company that it accepted the Company's plan to regain compliance with the Exchange's continued listing standards and establishing time periods for the Company to regain compliance. Cornerstone Realty Group, Inc. announces participation in note purchases
PR Newswire - Wed Jun 18, 10:23AM CDT
John Itzel, President of Cornerstone Realty Group, Inc. (CRG) is pleased to announce the participation of TGG Realty, an affiliate, in a joint venture with American Spectrum Realty Group to acquire discounted single family trust deed notes. The initial capitalization of the venture is $1 million. TGG will manage the acquisition and disposition of the notes. The joint venture partners expect to expand the investment to several million dollars over the next twelve months. The business plan calls for the completion of the foreclosure process on the loans and then offer the properties for lease to the former borrowers or list the properties for sale.
American Spectrum Realty Enters Settlement Agreement with Dunham & Associates
Business Wire - Mon Jun 16, 10:18AM CDT
American Spectrum Realty, Inc. (NYSE/MKT: AQQ) - a real estate investment management and leasing company - today announced the settlement of an action filed by American Spectrum in the District Court of Harris County, Texas, entitled American Spectrum et. al. v. Dunham & Associates Holdings, Inc. et. al., Case No. 2014-24363.
American Spectrum Realty Form 10-Q and NYSE Plan of Compliance
M2 - Fri May 30, 2:38AM CDT
American Spectrum Realty Inc (NYSE/MKT:AQQ), a real estate investment management and leasing company, stated on Thursday a delay in the filing of its Form 10-Q for the quarter ended 31 March 2014 and the receipt of correspondence from NYSE MKT LLC (the exchange) advising that it is not in compliance with some continued listing standards.
American Spectrum Realty Records $7,800,000 Gain in First Quarter on Lawsuit Settlement
Business Wire - Fri Jan 17, 7:55AM CST
American Spectrum Realty, Inc. (NYSE/MKT: AQQ) - a real estate investment, management and leasing company - today announced a settlement of claims between the Company, including its affiliates, and entities related to New West Realty and its affiliates.
American Spectrum Realty Announces $2 Million Gain on Sale of Houston Shopping Center
Business Wire - Tue Jan 14, 8:09AM CST
American Spectrum Realty, Inc. (NYSE/MKT: AQQ) - a real estate investment, management and leasing company - today announced that it would record a $2 million gain in the first quarter of 2014 on a real estate sale in Houston, TX.
American Spectrum Realty Takes Court Action Regarding Wholly-Owned Subsidiaries
Business Wire - Fri Jan 10, 4:59AM CST
American Spectrum Realty, Inc. (NYSE MKT: AQQ) - a real estate investment, management and leasing company - today announced a recent court filing in the Southern District of Texas as negotiations regarding three loans pertaining to four Houston commercial properties broke down with a private equity firm, which acquired the loans from the original lender.
American Spectrum Realty Obtains $6M in New Working Capital Financing
Business Wire - Tue Jan 07, 8:09AM CST
American Spectrum Realty, Inc. (NYSE MKT: AQQ) - a real estate investment, management and leasing company - today announced that it had obtained a new working capital loan of $6 million.
American Spectrum Realty Acquires $84.8M Portfolio
Business Wire - Tue Jan 07, 8:08AM CST
American Spectrum Realty, Inc. (NYSE MKT: AQQ) - a real estate investment, management and leasing company - today announced the acquisition of a diverse real estate portfolio valued at an estimated gross value of $84.8 million, which included the assumption of $17.2 million of debt, from three limited partnerships managed by Asset Managers, Inc. of San Diego, CA.: D&A Daily Mortgage Fund III, L.P., D&A Semi-Annual Mortgage Fund III, L.P. and D&A Intermediate-Term Mortgage Fund III, L.P.
American Spectrum Realty Reports Second Quarter Results
Business Wire - Thu Aug 15, 3:24PM CDT
American Spectrum Realty, Inc. (NYSE MKT: AQQ) ("the Company"
, a real estate investment, management and leasing company headquartered in Houston, Texas, announced today its results for the quarter ended June 30, 2013. American Spectrum Realty Reports First Quarter Results
Business Wire - Wed May 15, 8:20AM CDT
American Spectrum Realty, Inc. (NYSE MKT: AQQ) ("the Company"
, a real estate investment, management and leasing company headquartered in Houston, Texas, announced today its results for the quarter ended March 31, 2013. American Spectrum Realty Announces Its 15th Successful Loan Refinance in Recent Months
Business Wire - Thu May 09, 8:03AM CDT
American Spectrum Realty, Inc. (NYSE MKT:AQQ), a real estate investment, management and leasing company headquartered in Houston, Texas, announced today that it has successfully negotiated a new loan for a 200,000 square foot industrial building, known as the Commerce Distributions Center. This facility is located in the city of Commerce (Los Angeles), CA.
American Spectrum Awarded Property Management Assignment of a Large Self-Storage Portfolio
Business Wire - Tue Apr 23, 7:55AM CDT
American Spectrum Realty, Inc. (NYSE MKT: AQQ) ("The Company"
, a real estate investment, management and leasing company headquartered in Houston, Texas, made a major announcement this week that its subsidiary, American Spectrum Self-Storage Management, LLC, has been named the property management company of 19 self-storage properties. Correcting American Spectrum Realty Reports 2012 Year End Results
Business Wire - Fri Apr 12, 4:15PM CDT
Funds From Operations, First table, 2012 column, last row should read: (3,795) instead of 3,795, in order for the table to foot and agree with narrative.
American Spectrum Realty Announces Second Successful Loan Refinance in First Quarter 2013
Business Wire - Tue Apr 02, 8:04AM CDT
American Spectrum Realty, Inc. (NYSE MKT:AQQ), a real estate investment, management and leasing company headquartered in Houston, Texas, announced today that it has successfully negotiated a new loan for Northwest Spectrum Plaza located at 11755 West Little York in Houston, TX.
American Spectrum Realty Reports 2012 Year End Results
Business Wire - Mon Apr 01, 9:23AM CDT
American Spectrum Realty, Inc. (NYSE MKT: AQQ) ("the Company"
, a real estate investment, management and leasing company headquartered in Houston, Texas, announced today its results for the year ended December 31, 2012. American Spectrum Realty Announces Successful Completion of a New Loan Refinance for Windrose Shopping Center
Business Wire - Tue Mar 05, 7:50AM CST
American Spectrum Realty, Inc. (NYSE MKT:AQQ), a real estate investment, management and leasing company headquartered in Houston, Texas, announced today that it has successfully negotiated a new loan for Windrose Shopping Center located at 20423 Kuykendahl Road in Houston, TX.
American Spectrum Reaches Settlement Agreement with Evergreen Realty Group - Clarification to the Press Release Dated January 15, 2013
Business Wire - Wed Jan 23, 8:04AM CST
American Spectrum Realty, Inc. (NYSE MKT: AQQ) - Further to the Company's press release dated January 15, 2013 regarding the settlement agreement it had reached with Evergreen Realty Group, the Company wishes to clarify that the total settlement amount was $4.6 million. The total settlement of $4.6 million included cash, a new note, and nonconvertible preferred stock as settlement of the $9.4 million note.
