At least as of that filing, RCPI
had no interest in Rockefeller Group, Inc.
I'm particularly happy that the RCPI
has chosen the 125th Anniversary of the Foundation of the GAA to acknowledge the long-standing medical involvement with the Association.
The Company further announced that RCPI
had reaffirmed its interest in purchasing all of the outstanding shares of the Company's common stock, as disclosed in its letter to the Company's board dated June 2, 2000.
Over the last four years, RCPI
Trust's achievements at the center include:
In its March 18, management letter to stockholders, REIT CEO Richard Scarlata wrote that if RCPI
stockholders did not approve the plan, the company would be subject to substantial uncertainty.
" or "the REIT") on behalf of all persons who held shares of RCPI
common stock as of Feb.
At the end of this year, RCPI
expects to have net liabilities of over $834.
35 million loan to RCPI
to cover its cash needs in July.
The loan was made in 1985 when the publicly-owned real estate investment trust, RCPI
, was formed to lend the partnerships money, eventually totalling $1.
7 million loan to RCPI
to cover its cash needs in June, including interest payable on the Floating Rate Notes and the 14% Debentures.
The REIT, RCPI
, is publicly owned by the stockholders and it in turn has taken a mortgage of $1.
For accounting purposes RCPI
has limited recognition of income on the mortgage loan for the quarters ended March 31, 1996 and 1995 to the cash actually received from the Borrower.