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Thursday, 07 December 2000

NYSE to Re-evaluate ElderTrust in January

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December 8, 2000

KENNETT SQUARE, Pa. – The New York Stock Exchange has agreed to keep ElderTrust (NYSE:ETT) a listed stock and monitor the equity healthcare REIT's performance through Jan. 11, one week after the company has a U.S. Bankruptcy Court hearing.

The NYSE said it would continue to list ElderTrust because on Nov. 27 the company's market capitalization exceeded the $15 million standard and because it was in compliance with the minimum $1 share value requirement.

In the NYSE's notification to the company, the exchange said the REIT's plan to meet the criteria for continued listing is heavily dependent on its reaching agreements with Genesis Health Ventures Inc. and The Multicare Cos. and obtaining approval of these agreements from the U.S. Bankruptcy Court.

ElderTrust said the U.S. Bankruptcy Court is scheduled to hear on Jan. 4 motions filed by Genesis and Multicare to restructure transactions between them and ElderTrust.


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“The Weekly” is Commercial Real Estate Direct’s PDF newsletter, sent to subscribers every Friday morning. With over 100 news stories published on Commercial Real Estate Direct each week, “The Weekly” features the top stories in commercial real estate that industry participants need to know first. “The Weekly” also contains:

  • Breaking mortgage, CMBS, and REIT news

  • Quarterly league tables with rankings of B-piece buyers, book runners, and lenders

  • Industry moves and changes in “The Insider“

Additional Info

  • Syndicate to Realpoint: No
  • Sector: Assisted Living/Health Care
  • Subject: Bankruptcy/Foreclosure (BKRPT), REITS -general (REITS)
  • Company: Equity Inns Inc.
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Data Digest







Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44




cppichart FP



CMBS 2.0 Spreads


Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41





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