October 2004
Investment Dealers' Digest;10/11/2004, Vol. 70 Issue 39, p66
Trade Publication
The article presents information on equity related business in the sector of real estate. Comden Property Trust is buying rival Summit Properties in a deal valued at $1.9 billion. Charlotte-based Summit owns more then 50 communities in the mid-Atlantic and Southeast areas of the country. California Governor Arnold Schwarzenegger last week appointed Jeffery Davi as the state's real estate commissioner. Conford, New Jersey based Mack-Cali Realty Corp. announced the $77 million sale of Kemble Plaza I, an office property in Morris Township, New Jersey, to an entity advised by Falcon Real Estate Investment of New York City.


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