Forest City Enterprises, Inc.

News and overview for Forest City Enterprises, Inc.

Forest City Reaches Agreement on New $500 Million Revolving Credit Facility [Press Release]
PRNewswire | 4 days 15 hours 35 minutes ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced that...mature in March 2010. Forest City Enterprises, Inc., is an $11.7 billion...20080515/FRSTCTYLOGO Forest City Enterprises, Inc. CONTACT: Robert...


Forest City Reports Fiscal 2009 Second-Quarter and Year-to-Date Results [Press Release]
PRNewswire | 75 days 23 hours 7 minutes ago
CLEVELAND, Sept. 8 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.


/C O R R E C T I O N -- Forest City Enterprises, Inc./ [Press Release]
PRNewswire | 34 days 18 hours ago
In the news release, Forest City to Offer $175 Million Convertible Senior Notes, issued 19-Oct-2009 by Forest City Enterprises, Inc. over PR Newswire, the second paragraph should read: "The Notes are expected to be convertible, at the holder's option, into Forest City's Class A common stock at any time prior to the close of business on the second scheduled trading day immediately preceding the maturity date. The interest rate, conversion rate, conversion price and other terms of the Notes wi...


Forest City to Offer $175 Million Convertible Senior Notes [Press Release]
PRNewswire | 34 days 18 hours ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced its...unsecured obligations of Forest City Enterprises, Inc In connection with...20080515/FRSTCTYLOGO Forest City Enterprises, Inc. CONTACT: Robert...


Forest City Closes Offering of $200 Million Convertible Senior Notes [Press Release]
PRNewswire | 27 days 18 hours 6 minutes ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced the closing...senior unsecured obligations of Forest City Enterprises, Inc In connection with the offering, Forest City entered into convertible...


Forest City Community Development Entity Receives $55 Million in Tax Credit Allocation to Stimulate Investment in Low-Income Communities [Press Release]
PRNewswire | 17 days 16 hours 18 minutes ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced that...Reinvestment Act of 2009. Forest City Enterprises, Inc., is an $11.7 billion...20080515/FRSTCTYLOGO Forest City Enterprises, Inc. CONTACT: Robert...


Forest City Provides Update on Credit Line Renewal, Other Financing Activity [Press Release]
PRNewswire | 34 days 17 hours 58 minutes ago
CLEVELAND, Oct. 19 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc.


Forest City Announces Exercise of Overallotment Option by Initial Purchasers of Convertible Senior Notes [Press Release]
PRNewswire | 30 days 19 hours 48 minutes ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced that...October 26, 2009. Forest City Enterprises, Inc., is an $11.7-billion...20080515/FRSTCTYLOGO Forest City Enterprises, Inc. CONTACT: Robert...


Forest City Named Program Manager for Redevelopment of San Juan, P.R. Waterfront [Press Release]
PRNewswire | 90 days 6 hours 37 minutes ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced that...team for the project. Forest City Enterprises, Inc., is an $11.7 billion...20080515/FRSTCTYLOGO Forest City Enterprises, Inc. CONTACT: Robert...


Forest City reaches deal for $500 million credit facility
Plain Dealer (Cleveland), The | 4 days 3 hours 40 minutes ago
Forest City Enterprises Inc. has reached an agreement with lenders to establish a new $500 million revolving credit facility, which will replace the company's current $750 million credit line.


Forest City Announces $90 Million Refinancing of Tech Office Buildings at Cambridge, Mass., Bioscience Park [Press Release]
PRNewswire | 25 days 3 hours 9 minutes ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced that...institutions of Boston. Forest City Enterprises, Inc., is an $11.7 billion...20080515/FRSTCTYLOGO Forest City Enterprises, Inc. CONTACT: Robert...


Forest City Subsidiary and Onexim Group Announce Partnership for NBA Nets and Brooklyn Project [Press Release]
PRNewswire | 61 days 1 hour 36 minutes ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced that...we live and work. Forest City Enterprises, Inc., is an $11.7-billion...20080515/FRSTCTYLOGO Forest City Enterprises, Inc. CONTACT: Forest...


Forest City Announces Loan Extension and Tenants for Ridge Hill [Press Release]
PRNewswire | 84 days 5 hours 7 minutes ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced that...expected in 2011. Forest City Enterprises, Inc., is an $11.7 billion...20080515/FRSTCTYLOGO Forest City Enterprises, Inc. CONTACT: Robert...


REMINDER: Forest City Enterprises Fiscal 2009 Second-Quarter and Year-to-Date Earnings Conference Call [Press Release]
PRNewswire | 75 days 6 hours 7 minutes ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc., has released its second...20080515/FRSTCTYLOGO Forest City Enterprises, Inc. CONTACT: Robert...621-6060, all of Forest City Enterprises, Inc.


Forest City Enterprises Notice of Second-Quarter 2009 Earnings Conference Call [Press Release]
PRNewswire | 80 days 8 hours 7 minutes ago
...PRNewswire-FirstCall/ -- Forest City Enterprises, Inc., will release its second...call AnnMarie Fenske at Forest City, 216-621-6060. Photo...prnh/20080515/FRSTCTYLOGO Forest City Enterprises, Inc.





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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 some 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 held for sale and some held for future development into master-planned communities. The interrelated Ratner, Miller, and Shafran families control Forest City.


Key Numbers

Sales in U.S. Dollars (mil.) 1,290.4 (2009)
One-year % Growth in Sales -0.4 (2009)
Net Income in U.S. Dollars (mil.) -112.2 (2009)
One-year % Growth in Net Income 0.0 (2009)
Number of Employees 3,237 (2009)
One-year % Growth in Number of Employees -18.2 (2009)
Fiscal Year-End January