(To read more on the debt and equity markets, click here.)
NEWTOWN SQUARE, PA-Net income fell while revenues rose for GMHCommunities Trust Inc. during the full year and Q4 2006. Thefull-year loss was $5 million on revenues of $293.1 million,compared with a net income of $6.1 million on revenues of $224.2million in 2005.
The year's final quarter followed a similar pattern. The netloss was $1.3 million on total revenues of $81.4 million, versusnet income of $3.8 million on revenues of $68.4 million for thesame quarter of 2005. Fourth-quarter FFO was $9.8 million, downfrom $16.4 million in the same quarter a year ago.
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