Latest Resource America (REXI) Headlines
Resource America, Inc. Reports Operating Results for the Fourth Quarter and Year Ended December 31, 2013
Marketwire - Mon Mar 10, 5:20PM CDT
Resource America, Inc. (NASDAQ: REXI)
Resource America, Inc. to Report Operating Results for Fourth Quarter and Fiscal Year Ended December 31, 2013
GlobeNewswire - Fri Feb 21, 8:00AM CST
Resource America, Inc. (Nasdaq:REXI) (the "Company") announced today that it will release its results for the fourth quarter and fiscal year ended December 31, 2013 on Monday, March 10, 2014, after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Tuesday, March 11, 2014, at 8:30 a.m. Eastern Time.
Resource Real Estate Opportunity REIT II Commences Initial Public Offering
Business Wire - Mon Feb 10, 9:27AM CST
On February 6, 2014, Resource Real Estate Opportunity REIT II, Inc. ("Opportunity REIT II") commenced its initial public offering of common stock.
ParkerVision Engages 3LP to Manage Licensing Operations
GlobeNewswire - Wed Feb 05, 7:00AM CST
ParkerVision, Inc. (Nasdaq
RKR), a developer, manufacturer and marketer of semiconductor technology solutions for wireless applications, announced today that it has entered into an agreement with intellectual property advisory firm 3LP Advisors to manage the company's expanding technology licensing operations. Under the terms of the agreement, 3LP will identify, market to and negotiate with potential licensees of ParkerVision's patented innovations.
Resource Real Estate Opportunity REIT Announces the Acquisition of the Real Estate Assets of Paladin Realty Income Properties
Business Wire - Mon Feb 03, 8:00AM CST
Today, Resource Real Estate Opportunity REIT ("Opportunity REIT"), a non-traded real estate investment trust sponsored by Resource Real Estate, Inc. ("Resource Real Estate" or "RRE"), announced that it has acquired all of the real estate assets of Paladin Realty Income Properties, Inc. ("Paladin"), a non-traded REIT, through a merger of Paladin Realty Income Properties, L.P. ("Paladin OP"), the operating partnership of Paladin.
Resource Real Estate Diversified Income Fund (RREDX) Pays Quarterly Dividend
Business Wire - Tue Jan 14, 8:00AM CST
Today, Resource Real Estate Diversified Income Fund (the "Fund," ticker RREDX), announced its fourth quarter dividend of $0.15 as of December 31, 2013, increasing its quarterly distribution by 10.5 percent from its first distribution in June 2013. This dividend represents a 6.6 percent SEC yield, keeping it in excess of the Fund's target yield of 5 percent.
Resource Capital Corp. Declares Quarterly Cash Dividend
Marketwire - Thu Dec 19, 3:30PM CST
Resource Capital Corp. (NYSE: RSO) (the "Company") announced today that its Board of Directors has declared a cash dividend of $0.20 per common share for the quarter ending December 31, 2013. The dividend will be paid on January 28, 2014 to holders of record on December 31, 2013.
Resource America, Inc. Closes Resource Real Estate Opportunity REIT Offering
Marketwire - Thu Dec 19, 8:01AM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today that it has successfully closed the public offering of Resource Real Estate Opportunity REIT, Inc. (the "Opportunity REIT"), a publicly registered non-traded REIT, managed by Resource Real Estate, a wholly-owned subsidiary of the Company. The Opportunity REIT raised equity capital of $635 million total, including almost $195 million since October 1, 2013.
Resource America, Inc. Authorizes New Stock Repurchase Program
Marketwire - Wed Dec 18, 8:00AM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today that its Board of Directors has authorized the Company to repurchase up to one million shares of its common stock, representing approximately 5% of the shares outstanding. This repurchase authorization replaces the Company's previous repurchase authorization, in August 2012, under which the Company has repurchased almost 5% of the total shares outstanding. Share repurchases may be made from time to time through open market purchases or privately negotiated transactions at the discretion of the Company and in accordance with the rules of the Securities and Exchange Commission, as applicable. The amount and timing of any repurchases will depend on market conditions and other factors.
Resource America, Inc. Increases Its Quarterly Cash Dividend
Marketwire - Mon Dec 16, 11:00AM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company") announces that its Board of Directors has increased the amount of its quarterly cash dividend and has authorized the payment of a cash dividend on January 31, 2014 in the amount of $0.05 per share of the Company's common stock to all holders of record at the close of business on January 17, 2014. This cash dividend is the second consecutive increase and is approximately a 67% increase over the cash dividend paid on July 31, 2013. The Company has paid a consecutive quarterly cash dividend for over 18 years.
Resource America, Inc. Reports Operating Results for the Third Quarter Ended September 30, 2013
Marketwire - Mon Nov 18, 4:00PM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company") reported GAAP net income attributable to common shareholders of $3.4 million, or $0.16 per common share-diluted, and $5.1 million, or $0.23 per common share-diluted, for the three and nine months ended September 30, 2013, respectively, as compared to a GAAP net loss attributable to common shareholders of $2.3 million, or $0.11 per common share-diluted, and net income attributable to common shareholders of $25.6 million, or $1.23 per common share-diluted, for the three and nine months ended September 30, 2012, respectively. Included in GAAP net income (loss) attributable to common shareholders for the nine months ended September 30, 2012, was a $32.7 million gain, net of tax, on the sale of the Company's credit loan manager.
Resource Real Estate Opportunity REIT Finances Deerfield Townhomes
Business Wire - Tue Nov 05, 8:15AM CST
Today, Resource Real Estate Opportunity REIT (the "Company"), sponsored by Resource Real Estate, Inc. ("Resource Real Estate"), a global real estate firm specializing in direct investments, commercial lending and global securities, announced the financing of three of its properties, including Deerfield Luxury Townhomes (the "Property") in Hermantown, Minnesota, a suburb of Duluth.
Resource America, Inc. to Report Operating Results for the Third Quarter 2013
GlobeNewswire - Tue Oct 29, 10:00AM CDT
Resource America, Inc. (Nasdaq:REXI) (the "Company") announced today that it will release its results for the third quarter ended September 30, 2013 on Monday, November 18, 2013, after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Tuesday, November 19, 2013, at 8:30 a.m. Eastern Time. Please note that the Company has changed to a December 31 fiscal year end.
Resource Real Estate Diversified Income Fund (RREDX) Increases Quarterly Dividend
Business Wire - Thu Oct 10, 8:15AM CDT
Today, Resource Real Estate Diversified Income Fund (the "Fund," ticker RREDX) announces its third quarter dividend as of September 30, 2013, increasing its quarterly distribution by 3.6 percent from $0.1375 to $0.1425. This represents a 6.1 percent SEC yield, placing it in excess of the Fund's initial target of 5 percent.
Resource Real Estate Opportunity REIT Buys Two Denver Properties
Business Wire - Wed Oct 09, 8:15AM CDT
Today, Resource Real Estate Opportunity REIT (the "Company"), sponsored by Resource Real Estate, Inc. ("Resource Real Estate"), a global real estate firm specializing in direct investments, commercial lending and global securities, announced that it has purchased Camden Centennial ("Centennial") in Littleton, Colorado and Camden Pinnacle ("Pinnacle") in Westminster, Colorado.
Resource America Announces Australian Joint Venture and Launch of Global Real Estate Opportunities Fund
Marketwire - Thu Sep 12, 9:00AM CDT
Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today it has launched its institutional real estate global securities business with a joint venture with Channel Capital, an affiliate of an Australian fund manager Solaris Investment Management with several billion dollars of institutional equities under management. The Company also announced the launch of Resource Real Estate Global Opportunities Fund (the "Global Fund"), which will be managed by Resource America and its subsidiary Resource Real Estate, Inc. ("RRE")
Resource Real Estate Opportunity REIT Finances Cannery Lofts
Business Wire - Thu Sep 05, 9:13AM CDT
The Resource Real Estate Opportunity REIT ("Opportunity REIT") sponsored by Resource Real Estate, Inc. ("Resource Real Estate"), a national real estate firm specializing in opportunistic and value-add investing and financing, announced today the financing of Cannery Lofts ("the Property") in downtown Dayton, OH.
Nasdaq stocks posting largest volume increases
AP - Thu Aug 22, 5:05PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Resource Real Estate Opportunity REIT Declares Common Stock Distributions
Business Wire - Wed Aug 21, 8:45AM CDT
On August 14, 2013, the board of directors of Resource Real Estate Opportunity REIT (the "Company") authorized a stock distribution of 0.005 shares of common stock, or 0.5 percent of each outstanding share of common stock, to the stockholders of record at the close of business on September 30, 2013. This stock distribution is to be issued on October 15, 2013.
Resource America, Inc. Reports Operating Results for the Third Fiscal Quarter Ended June 30, 2013
Marketwire - Wed Aug 07, 5:00PM CDT
Resource America, Inc. (NASDAQ: REXI) (the "Company") reported adjusted income from continuing operations attributable to common shareholders, net of tax, a non-GAAP measure, of $3.2 million, or $0.15 per common share-diluted, and $8.5 million, or $0.39 per common share-diluted, for the third fiscal quarter and nine months ended June 30, 2013 as compared to an adjusted loss from continuing operations attributable to common shareholders, net of tax, of $496,000, or $0.03 per common share-diluted, and $8.0 million, or $0.41 per common share-diluted, for the third fiscal quarter and nine months ended June 30, 2012. A reconciliation of the Company's reported GAAP income (loss) from continuing operations before taxes to adjusted income (loss) from continuing operations attributable to common shareholders, net of tax, a non-GAAP measure, is included as Schedule I to this release.
Resource America, Inc. Reports Operating Results for the Fourth Quarter and Year Ended December 31, 2013
Marketwire - Mon Mar 10, 5:20PM CDT
Resource America, Inc. (NASDAQ: REXI)
Resource America, Inc. to Report Operating Results for Fourth Quarter and Fiscal Year Ended December 31, 2013
GlobeNewswire - Fri Feb 21, 8:00AM CST
Resource America, Inc. (Nasdaq:REXI) (the "Company") announced today that it will release its results for the fourth quarter and fiscal year ended December 31, 2013 on Monday, March 10, 2014, after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Tuesday, March 11, 2014, at 8:30 a.m. Eastern Time.
Resource Real Estate Opportunity REIT II Commences Initial Public Offering
Business Wire - Mon Feb 10, 9:27AM CST
On February 6, 2014, Resource Real Estate Opportunity REIT II, Inc. ("Opportunity REIT II") commenced its initial public offering of common stock.
ParkerVision Engages 3LP to Manage Licensing Operations
GlobeNewswire - Wed Feb 05, 7:00AM CST
ParkerVision, Inc. (Nasdaq
RKR), a developer, manufacturer and marketer of semiconductor technology solutions for wireless applications, announced today that it has entered into an agreement with intellectual property advisory firm 3LP Advisors to manage the company's expanding technology licensing operations. Under the terms of the agreement, 3LP will identify, market to and negotiate with potential licensees of ParkerVision's patented innovations. Resource Real Estate Opportunity REIT Announces the Acquisition of the Real Estate Assets of Paladin Realty Income Properties
Business Wire - Mon Feb 03, 8:00AM CST
Today, Resource Real Estate Opportunity REIT ("Opportunity REIT"), a non-traded real estate investment trust sponsored by Resource Real Estate, Inc. ("Resource Real Estate" or "RRE"), announced that it has acquired all of the real estate assets of Paladin Realty Income Properties, Inc. ("Paladin"), a non-traded REIT, through a merger of Paladin Realty Income Properties, L.P. ("Paladin OP"), the operating partnership of Paladin.
Resource Real Estate Diversified Income Fund (RREDX) Pays Quarterly Dividend
Business Wire - Tue Jan 14, 8:00AM CST
Today, Resource Real Estate Diversified Income Fund (the "Fund," ticker RREDX), announced its fourth quarter dividend of $0.15 as of December 31, 2013, increasing its quarterly distribution by 10.5 percent from its first distribution in June 2013. This dividend represents a 6.6 percent SEC yield, keeping it in excess of the Fund's target yield of 5 percent.
Resource Capital Corp. Declares Quarterly Cash Dividend
Marketwire - Thu Dec 19, 3:30PM CST
Resource Capital Corp. (NYSE: RSO) (the "Company") announced today that its Board of Directors has declared a cash dividend of $0.20 per common share for the quarter ending December 31, 2013. The dividend will be paid on January 28, 2014 to holders of record on December 31, 2013.
Resource America, Inc. Closes Resource Real Estate Opportunity REIT Offering
Marketwire - Thu Dec 19, 8:01AM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today that it has successfully closed the public offering of Resource Real Estate Opportunity REIT, Inc. (the "Opportunity REIT"), a publicly registered non-traded REIT, managed by Resource Real Estate, a wholly-owned subsidiary of the Company. The Opportunity REIT raised equity capital of $635 million total, including almost $195 million since October 1, 2013.
Resource America, Inc. Authorizes New Stock Repurchase Program
Marketwire - Wed Dec 18, 8:00AM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today that its Board of Directors has authorized the Company to repurchase up to one million shares of its common stock, representing approximately 5% of the shares outstanding. This repurchase authorization replaces the Company's previous repurchase authorization, in August 2012, under which the Company has repurchased almost 5% of the total shares outstanding. Share repurchases may be made from time to time through open market purchases or privately negotiated transactions at the discretion of the Company and in accordance with the rules of the Securities and Exchange Commission, as applicable. The amount and timing of any repurchases will depend on market conditions and other factors.
Resource America, Inc. Increases Its Quarterly Cash Dividend
Marketwire - Mon Dec 16, 11:00AM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company") announces that its Board of Directors has increased the amount of its quarterly cash dividend and has authorized the payment of a cash dividend on January 31, 2014 in the amount of $0.05 per share of the Company's common stock to all holders of record at the close of business on January 17, 2014. This cash dividend is the second consecutive increase and is approximately a 67% increase over the cash dividend paid on July 31, 2013. The Company has paid a consecutive quarterly cash dividend for over 18 years.
Resource America, Inc. Reports Operating Results for the Third Quarter Ended September 30, 2013
Marketwire - Mon Nov 18, 4:00PM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company") reported GAAP net income attributable to common shareholders of $3.4 million, or $0.16 per common share-diluted, and $5.1 million, or $0.23 per common share-diluted, for the three and nine months ended September 30, 2013, respectively, as compared to a GAAP net loss attributable to common shareholders of $2.3 million, or $0.11 per common share-diluted, and net income attributable to common shareholders of $25.6 million, or $1.23 per common share-diluted, for the three and nine months ended September 30, 2012, respectively. Included in GAAP net income (loss) attributable to common shareholders for the nine months ended September 30, 2012, was a $32.7 million gain, net of tax, on the sale of the Company's credit loan manager.
Resource Real Estate Opportunity REIT Finances Deerfield Townhomes
Business Wire - Tue Nov 05, 8:15AM CST
Today, Resource Real Estate Opportunity REIT (the "Company"), sponsored by Resource Real Estate, Inc. ("Resource Real Estate"), a global real estate firm specializing in direct investments, commercial lending and global securities, announced the financing of three of its properties, including Deerfield Luxury Townhomes (the "Property") in Hermantown, Minnesota, a suburb of Duluth.
Resource America, Inc. to Report Operating Results for the Third Quarter 2013
GlobeNewswire - Tue Oct 29, 10:00AM CDT
Resource America, Inc. (Nasdaq:REXI) (the "Company") announced today that it will release its results for the third quarter ended September 30, 2013 on Monday, November 18, 2013, after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Tuesday, November 19, 2013, at 8:30 a.m. Eastern Time. Please note that the Company has changed to a December 31 fiscal year end.
Resource Real Estate Diversified Income Fund (RREDX) Increases Quarterly Dividend
Business Wire - Thu Oct 10, 8:15AM CDT
Today, Resource Real Estate Diversified Income Fund (the "Fund," ticker RREDX) announces its third quarter dividend as of September 30, 2013, increasing its quarterly distribution by 3.6 percent from $0.1375 to $0.1425. This represents a 6.1 percent SEC yield, placing it in excess of the Fund's initial target of 5 percent.
Resource Real Estate Opportunity REIT Buys Two Denver Properties
Business Wire - Wed Oct 09, 8:15AM CDT
Today, Resource Real Estate Opportunity REIT (the "Company"), sponsored by Resource Real Estate, Inc. ("Resource Real Estate"), a global real estate firm specializing in direct investments, commercial lending and global securities, announced that it has purchased Camden Centennial ("Centennial") in Littleton, Colorado and Camden Pinnacle ("Pinnacle") in Westminster, Colorado.
Resource America Announces Australian Joint Venture and Launch of Global Real Estate Opportunities Fund
Marketwire - Thu Sep 12, 9:00AM CDT
Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today it has launched its institutional real estate global securities business with a joint venture with Channel Capital, an affiliate of an Australian fund manager Solaris Investment Management with several billion dollars of institutional equities under management. The Company also announced the launch of Resource Real Estate Global Opportunities Fund (the "Global Fund"), which will be managed by Resource America and its subsidiary Resource Real Estate, Inc. ("RRE")
Resource Real Estate Opportunity REIT Finances Cannery Lofts
Business Wire - Thu Sep 05, 9:13AM CDT
The Resource Real Estate Opportunity REIT ("Opportunity REIT") sponsored by Resource Real Estate, Inc. ("Resource Real Estate"), a national real estate firm specializing in opportunistic and value-add investing and financing, announced today the financing of Cannery Lofts ("the Property") in downtown Dayton, OH.
Nasdaq stocks posting largest volume increases
AP - Thu Aug 22, 5:05PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
Resource Real Estate Opportunity REIT Declares Common Stock Distributions
Business Wire - Wed Aug 21, 8:45AM CDT
On August 14, 2013, the board of directors of Resource Real Estate Opportunity REIT (the "Company") authorized a stock distribution of 0.005 shares of common stock, or 0.5 percent of each outstanding share of common stock, to the stockholders of record at the close of business on September 30, 2013. This stock distribution is to be issued on October 15, 2013.
Resource America, Inc. Reports Operating Results for the Third Fiscal Quarter Ended June 30, 2013
Marketwire - Wed Aug 07, 5:00PM CDT
Resource America, Inc. (NASDAQ: REXI) (the "Company") reported adjusted income from continuing operations attributable to common shareholders, net of tax, a non-GAAP measure, of $3.2 million, or $0.15 per common share-diluted, and $8.5 million, or $0.39 per common share-diluted, for the third fiscal quarter and nine months ended June 30, 2013 as compared to an adjusted loss from continuing operations attributable to common shareholders, net of tax, of $496,000, or $0.03 per common share-diluted, and $8.0 million, or $0.41 per common share-diluted, for the third fiscal quarter and nine months ended June 30, 2012. A reconciliation of the Company's reported GAAP income (loss) from continuing operations before taxes to adjusted income (loss) from continuing operations attributable to common shareholders, net of tax, a non-GAAP measure, is included as Schedule I to this release.
