NEW YORK (Reuters) - Shares of General Growth Properties <GGP.N> rose on Friday, their first day back on the New York Stock Exchange, even as the U.S. mall owner operates under bankruptcy protection. Shares of the real estate investment trust were up ...
Mortgage REITs could be right for your portfolio Last week, I told my 12% Letter readers to invest in mortgage bonds. I can just imagine their reaction when they read my advice... "Tom, you want me to invest in mortgages?! Are you ...
<div><p>NEW YORK (Reuters) - The vacancy rate for U.S. apartments reached its highest level in more than 20 years in the second quarter and could soon exceed record highs if the recession persists, real estate research firm Reis Inc said.</p><p>The national vacancy ...
<div id="subtitle">Healthcare Realty Trust replaces Wabash National in S&P SmallCap 600</div><div><p>Healthcare Realty Trust Inc. will replace truck-trailer manufacturer Wabash National Corp. in the S&P SmallCap 600 after the close of trading on July 16, Standard & Poor's said ...
<div id="subtitle">Ameriprise paying $17.3 million to settle SEC charges of not disclosing certain payments</div><div><p>Ameriprise Financial Services Inc. on Friday agreed to pay more than $17 million to settle federal regulators' charges that it failed to disclose nearly $31 million received for selling ...
<div id="subtitle">National Health Investors downgraded to 'Hold,' analyst says stock fairly valued</div><div><p>Shares of National Health Investors Inc. fell Tuesday after an analyst downgraded the real estate company, saying its stock is fairly valued.</p><p>Jerry Doctrow of Stifel Nicolaus said he ...
<div><p>NEW YORK (Reuters) - Several large investment firms are creating new lending companies that plan to go public to raise billions of dollars to take advantage of the distress in the commercial real estate market, and more are on the horizon.</p><p>The planned ...
<div><h1> ESSEX, A REIT TO REMEMBER </h1><p>Is it time to venture back into real estate investment trusts (REITs)? They're still unpopular because of the housing slump, but some, such as Essex Property Trust (ESS), "now represent attractive value," says Jay Leupp, CEO ...
<div><p>NEW YORK (Reuters) - Many real estate investment trusts (REITs) spent the first quarter avoiding a financial funeral, but when they report second-quarter earnings in the next weeks, some may be feeling a new sense of longevity.</p><p>What a difference $14 billion makes.</p><p> ...
<div><p>(Reuters) - Vornado Realty Trust <VNO.N> is looking to raise between $550 million and $600 million through a bond sale, the Wall Street Journal said, citing people familiar with the matter.</p><p>The bond sale, which would qualify for a major government program aimed ...
