941713--3/16/2007--HIGHWOODS_REALTY_LTD

related topics

{loan, real, estate}

{control, financial, internal}

{investment, property, distribution}

{cost, contract, operation}

{cost, operation, labor}

{loss, insurance, financial}

{debt, indebtedness, cash}

{tax, income, asset}

Our performance is subject to risks associated with real estate investment Future acquisitions and development properties may fail to perform in accordance with our expectations and may require renovation and development costs exceeding our estimates. Illiquidity of real estate investments and the tax effect of dispositions could significantly impede our ability to sell assets or to respond to favorable or adverse changes in the performance of our properties. Because holders of our Common Units, including some of our officers and directors, may suffer adverse tax consequences upon the sale of some of our properties, it is possible that we may sometimes decide not to sell certain properties even if such a sale would otherwise be in our best interest. The success of our joint venture activity depends upon our ability to work effectively with financially sound partners. Our insurance coverage on our properties may be inadequate. Our use of debt to finance our operations could have a material adverse effect on our cash flow and ability to make distributions. aterial weaknesses in the Company s internal control over financial reporting could cause a material misstatement of the Operating Partnership s financial statements. Additionally, no assurance can be provided that we will be able to prevent or detect material misstatements to our financial statements in the future. Failure of the Company to qualify as a REIT could have a material adverse effect on the Operating Partnership.

Full 10-K form ▸

941713--3/16/2007--HIGHWOODS_REALTY_LTD_PARTNERSHIP