Business
Mortgage & Realty Trust is a real estate investment trust that has nearly $600 million in assets, is profitable and solvent.
May 1, 1990
Realty Trust Emerges From Bankruptcy: Mortgage & Realty Trust, a real estate investment trust with executive offices in Burbank, emerged from reorganization under Chapter 11 of federal bankruptcy law.
March 2, 1991
Mortgage & Realty Trust said it has made a $10-million principal payment to its creditors, lowering the company’s overall debt outstanding to $290 million.
Jan. 5, 1993
Mortgage & Realty Trust, a real estate investment trust reorganizing under federal bankruptcy laws, reported an $11.7-million loss for its fiscal fourth quarter because the company set aside $10 million for bad real estate loans.
Nov. 27, 1990
Reorganization Plan Confirmed: Mortgage & Realty Trust, a real estate investment trust with executive offices in Burbank, said a U.S.
Feb. 22, 1991
Mortgage & Realty Trust, a financially shaky real estate investment trust with dual headquarters in Burbank and Elkin, Pa., didn’t pay interest Dec. 31 on $290 million of its notes due in 1995.
Jan. 11, 1994
Victor H.
Feb. 19, 1991
The Koll Co. of Newport Beach acquired the income property division of Weyerhaeuser Mortgage Co., creating a new subsidiary called Koll Realty Advisers.
Aug. 25, 1989
Mortgage and Realty Trust, a struggling real estate investment trust with dual headquarters in Burbank and Elkin, Pa., said its standstill arrangement with note holders expired Dec. 3 and isn’t likely to be renewed.
Dec. 14, 1993
Real estate investment trusts raised more than $1 billion in capital through equity offerings Friday in their biggest day on Wall Street since the end of last year, analysts said.
April 16, 1994