Forest City Enterprises, Inc.
News and overview for Forest City Enterprises, Inc.
Geralyn Presti, Hugh McKay to receive ORT's Jurisprudence Award - Honored
Plain Dealer (Cleveland), The | 9 days 18 hours 8 minutes ago
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Geralyn Presti, Hugh McKay to receive ORT's Jurisprudence Award -- Honored
Plain Dealer (Cleveland), The | 9 days 18 hours 8 minutes ago
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Forest City Comments on Standard & Poor's Rating Action [Press Release]
PRNewswire | 42 days 2 hours 38 minutes ago
CLEVELAND, Oct. 23 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
Forest City Celebrates Grand Opening of The Shops at Wiregrass [Press Release]
PRNewswire | 35 days 2 hours 56 minutes ago
CLEVELAND, Oct. 30 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
Forest City Announces $167 Million in Recent Financings [Press Release]
PRNewswire | 24 days 7 hours 35 minutes ago
CLEVELAND, Nov. 10 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
Forest City Enterprises 3rd Quarter Loss/Shr 11c Versus EPS 45c
MarketWatch | 364 days 5 hours 20 minutes ago
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Forest City Celebrates Grand Opening of The Shops at White Oak Village [Press Release]
PRNewswire | 52 days 1 hour 40 minutes ago
CLEVELAND, Ohio, Oct. 13 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
Shoptopia Launches in Las Vegas Connecting Online Shoppers With Local Shopping Center [Press Release]
Business Wire | 44 days 14 hours 11 minutes ago
Mallfinder Network, LLC, in partnership with Forest City Commercial Management, Inc., today announced the launch of Shoptopia, a social shopping site designed to connect shoppers with retailers and other community groups at their local shopping center. Galleria at Sunset, one of the area’s most popular shopping destinations, will host Shoptopia’s debut in Las Vegas. Galleria at Sunset is owned and operated by Forest City Commercial Management.
Shoptopia Launches in Richmond, Connecting Online Shoppers with Local Shopping Center [Press Release]
Business Wire | 44 days 17 hours 11 minutes ago
Mallfinder Network, LLC, in partnership with Forest City Commercial Management, Inc., today announced the launch of Shoptopia, a social shopping site designed to connect shoppers with retailers and other community groups at their local shopping center. Short Pump Town Center, one of the area’s most popular shopping destinations, will host Shoptopia’s debut in Richmond. Short Pump Town Center is owned and operated by Forest City Commercial Management.
Forest City Closes on $250 Million in Financing for Waterfront Project in Southwest D.C. [Press Release]
PRNewswire | 72 days 1 hour 20 minutes ago
CLEVELAND, Sept. 23 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
Forest City Reports Fiscal 2008 First-Quarter Results [Press Release]
PRNewswire | 182 days 1 hour 32 minutes ago
CLEVELAND, June 5 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
Barclays Affirms Steadfast Commitment to Arena in Brooklyn and 2009 Groundbreaking [Press Release]
PRNewswire | 21 days 4 hours 48 minutes ago
BROOKLYN, N.Y., Nov. 13 /PRNewswire/ -- Barclays, a leading global financial services company and the naming rights partner for the future Barclays Center, today affirmed its commitment to the future arena in Brooklyn and the updated timeline for a 2009 groundbreaking. The Barclays Center, which is designed by Frank Gehry, will be the world-class home of the Nets.
Forest City Declares Quarterly Dividend [Press Release]
PRNewswire | 71 days 8 hours 58 minutes ago
CLEVELAND, Sept. 24 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.
MI Developments announces 2008 third quarter results [Press Release]
PRNewswire | 27 days 9 hours 38 minutes ago
AURORA, ON, Nov. 7 /PRNewswire-FirstCall/ - MI Developments Inc.
Forest City Reports Second-Quarter and Year-to-Date Financial Results [Press Release]
Business Wire | 451 days 6 hours 40 minutes ago
Forest City Enterprises, Inc.(NYSE:FCEA)(NYSE:FCEB) today announced revenues, net earnings and EBDT for the second quarter and six months ended July 31, 2007.EBDT (Earnings Before Depreciation, Amortization and Deferred Taxes) for the second quarter was $71.
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Company Overview
| Company: | Forest City Enterprises, Inc. |
|---|---|
| Industry: | Commercial Real Estate Development |
| Website: | http://www.forestcity.net |
Forest City Enterprises has gone from treeline to skyline. Founded in 1920 as a lumber dealer, the company now focuses on real estate development in metropolitan areas across the US. Its commercial group develops and manages more than 90 retail and office properties, half a dozen hotels, and nearly 20 regional malls in about 15 states. The residential group owns and manages more than 110 upscale and middle-market apartments, condominiums, and military family housing units in 20 states. The company also owns some 10,500 acres of raw land, some of which it sells and some of which it plans to develop into master-planned communities. The interrelated Ratner, Miller, and Shafran families control Forest City.
Key Numbers
| Sales in U.S. Dollars (mil.) | 1,295.6 (2008) |
|---|---|
| One-year % Growth in Sales | 10.8 (2008) |
| Net Income in U.S. Dollars (mil.) | 52.4 (2008) |
| One-year % Growth in Net Income | -70.4 (2008) |
| Number of Employees | 4,484 (2007) |
| One-year % Growth in Number of Employees | 4.8 (2007) |
| Fiscal Year-End | January |