IPO Company Profile
SEC Filings | Peer IPO Companies
Loeb Realty Corporation
521 Fifth Avenue, New York, NY 10175 * (212) 883-0360

The company is a real estate investment trust, (REIT). The company will follow a strategy of making opportunistic investments in real estate and enhancing the value of its properties through repositioning and intensive asset management.

Primary Underwriting Group
ManagerTierPhone
Salomon Smith BarneyLead Manager (212) 723-7300
Lazard Freres & Co.Co-manager (212) 632-6717
PaineWebber IncorporatedCo-manager (212) 713-2626

Filing Information
NYSE:LRC Financial: SIC 6798
Type of Shares:Common Shares Filing Date:5/12/98
U.S. Shares Filed:13,600,000 Filing Range:$19.00 - $21.00
Non-U.S. Shares Filed:0 Offering Amount: $272,000,000
Primary Shares:13,600,000 Expenses:$7,000,000
Secondary Shares:0 Post-IPO Shares:

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Rogers & Wells
Bank's Law Firm: Willkie Farr & Gallagher
Auditor: Ernst & Young

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
12/31/97 12/31/97
Revenue:$59.26Assets:$269.98
Net Income:$3.86Curr Assets:
EPS:Liabilities:$226.18
Prior EPS:Curr Liab:
Cash Flow/Oper:Equity:$43.80
Cash Flow/Fin:Cash:$4.88
Cash Flow/Inv:

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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