Latest BRE Properties (BRE) Headlines
Renting Is "Norm" For Millennials: Who Will Benefit?
at Investor's Business Daily - Thu Mar 13, 3:40PM CDT
Renting has become the "norm" for Generation Y, or millennials, says Pangea Properties President Steve Joung, and will likely stay that way for the foreseeable future. Pangea is a real estate investment trust, or REIT, focused on the residential...
BRE Properties Comments On Fire At MB360 Development Project
PR Newswire - Tue Mar 11, 11:28PM CDT
BRE Properties, Inc. (NYSE: BRE), a leading owner, operator and developer of high-quality apartment communities in targeted growth markets in California and Seattle, today confirmed that a fire occurred at its MB360 development project in the Mission Bay area of San Francisco.
Avidus Acquires Akea
CNW Group - Thu Feb 20, 7:30AM CST
Avidus Management Group Inc. (TSX-V: AVD; "Avidus" or the "Company") is pleased to announce that it has entered into an asset purchase agreement (the "Agreement") with Akea, LLC ("Akea") (www.akealife.com), pursuant to which the Company has acquired the business assets of Akea, a network marketing company based in Raleigh, North Carolina. Completion of the transaction is subject to the final approval of the TSX Venture Exchange ("TSXV").
BRE Properties Crafts New High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 10, 4:50PM CST
Shares of BRE Properties Inc. crafted a new 52-week high, touching $61.65 at the end of the trading session on Feb 7.
Aimco Q4 FFO Beats by a Penny - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 07, 10:20AM CST
Aimco reported pro forma FFO of 57 cents per share in fourth-quarter 2013, a penny ahead of the Zacks Consensus Estimate.
UDR Inc. Misses on Q4 FFO - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 05, 12:16PM CST
UDR Inc.'s fourth-quarter 2013 funds from operations (FFO) as adjusted came in at 35 cents per share, missing the Zacks Consensus Estimate by a penny
Equity Residential Q4 FFO a Penny Ahead - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 05, 10:00AM CST
Driven by higher same store net operating income, Equity Residential's normalized FFO per share in fourth-quarter 2013 reached 77 cents, a penny ahead of the Zacks Consensus Estimate.
BRE Properties Rises 1.86% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Feb 04, 5:51PM CST
BRE Properties (NYSE:BRE) traded in a range yesterday that spanned from a low of $58.17 to a high of $59.79. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $59.47 on volume of 872,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
After Yesterday's Rally of 1.86% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Feb 04, 5:51PM CST
BRE Properties (NYSE:BRE) traded in a range yesterday that spanned from a low of $58.17 to a high of $59.79. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $59.47 on volume of 872,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BRE Properties Beats Q4 FFO Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 04, 10:00AM CST
BRE Properties reported fourth-quarter 2013 core FFO of 67 cents per share that exceeded the Zacks Consensus Estimate by 2 cents and the year ago-quarter figure by 6 cents.
BRE Properties Reports Fourth Quarter and Annual 2013 Results
Business Wire - Mon Feb 03, 3:45PM CST
BRE Properties, Inc. (NYSE:BRE), a leading owner, operator and developer of high-quality apartment communities in targeted growth markets in California and Seattle, today reported Core Funds from Operations (Core FFO) of $0.67 per share for the quarter ended December 31, 2013, and $2.54 per share for the year ended December 31, 2013. The per share results reflect an increase of 9.8% and 6.3% compared to the fourth quarter and full year periods in 2012, respectively. Core FFO is used to facilitate comparisons of BRE's earnings results and excludes certain non-core items that are not comparable when comparing periods or earnings performance between periods. All per share results are reported on a fully diluted basis.
AvalonBay Q4 FFO Meets Estimates, Hikes Div - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 30, 10:20AM CST
Aided by growth in rental revenue, AvalonBay reported fourth-quarter 2013 core FFO of $1.62 per share, up 17.4% year over year and in line with the Zacks Consensus Estimate. It also raised its dividend by 8.4%.
SL Green Beats on Q4 FFO & Revs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 30, 10:00AM CST
SL Green reported fourth-quarter 2013 FFO of $1.38 per share, beating the Zacks Consensus Estimate by 3 cents and the prior-year quarter figure by 24 cents.
Neutral Stance on BRE Properties - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 23, 4:50PM CST
On Jan 21, 2014, we reaffirmed our long-term recommendation on BRE Properties, a residential real estate investment trust (REIT), at Neutral.
BRE Properties Announces Redemption of 6.75% Series D Cumulative Redeemable Preferred Stock
Business Wire - Tue Jan 21, 6:26PM CST
BRE Properties, Inc. (NYSE:BRE) today announced that it has issued a Notice of Redemption to all holders of record of its outstanding 6.75% Series D Cumulative Redeemable Preferred Stock (or Series D Preferred Stock) at a redemption price of $25.23438 per share. The redemption price is equal to the original issue price of $25.00 per share, plus accrued and unpaid dividends through the redemption date, which is February 20, 2014. From the redemption date forward, none of the 2,159,715 shares of Series D Preferred Stock called for redemption will remain outstanding and dividends will no longer accrue. After the redemption date, holders of shares of the Series D Preferred Stock will have no rights in respect of such redeemed shares, other than the right to receive the $25.23438 total redemption price, which includes dividends that will accrue through the redemption date. Because the date fixed for redemption of the Series D Preferred Stock is February 20, 2014, which is prior to the date previously announced as the record date for the first quarter dividend, the Series D Preferred Stock will not be outstanding on such dividend record date and, therefore, no such dividend will be paid on the corresponding dividend payment date. Instead, dividends for the partial dividend period through the redemption date will be included in the redemption price.
UDR Remains at Neutral - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 20, 5:25PM CST
On Jan 17, 2013, we reiterated our long-term recommendation on UDR Inc. (UDR), a real estate investment trust (REIT), at Neutral.
BRE Properties Announces Tax Status of 2013 Dividends
Business Wire - Fri Jan 17, 10:21AM CST
BRE Properties, Inc. (NYSE:BRE) today announced the 2013 dividend tax status of its distributions to shareholders. The 2013 distribution classifications are:
BRE Properties Announces Fourth Quarter and Full Year 2013 Earnings Release Information
Business Wire - Tue Jan 14, 11:16AM CST
BRE Properties, Inc. (NYSE:BRE) today announced that it will release its fourth quarter and full year 2013 financial results on Monday, February 3, 2014 after the market close. The full text of the earnings report and supplemental data will be available immediately after the release in the Investors Section of the company's website. Click on Quarterly Reporting.
Equity Residential Kept at Neutral - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 09, 4:16PM CST
On Jan 7, 2014, we reiterated our long-term recommendation on Equity Residential at Neutral.
BRE Properties Inc. Bolsters Its Leasing Process with Yardi PopCard
Business Wire - Thu Jan 02, 9:59AM CST
Yardi announced today that BRE Properties Inc. has improved its apartment leasing process since adopting Yardi PopCard(TM).
Renting Is "Norm" For Millennials: Who Will Benefit?
at Investor's Business Daily - Thu Mar 13, 3:40PM CDT
Renting has become the "norm" for Generation Y, or millennials, says Pangea Properties President Steve Joung, and will likely stay that way for the foreseeable future. Pangea is a real estate investment trust, or REIT, focused on the residential...
BRE Properties Comments On Fire At MB360 Development Project
PR Newswire - Tue Mar 11, 11:28PM CDT
BRE Properties, Inc. (NYSE: BRE), a leading owner, operator and developer of high-quality apartment communities in targeted growth markets in California and Seattle, today confirmed that a fire occurred at its MB360 development project in the Mission Bay area of San Francisco.
Avidus Acquires Akea
CNW Group - Thu Feb 20, 7:30AM CST
Avidus Management Group Inc. (TSX-V: AVD; "Avidus" or the "Company") is pleased to announce that it has entered into an asset purchase agreement (the "Agreement") with Akea, LLC ("Akea") (www.akealife.com), pursuant to which the Company has acquired the business assets of Akea, a network marketing company based in Raleigh, North Carolina. Completion of the transaction is subject to the final approval of the TSX Venture Exchange ("TSXV").
BRE Properties Crafts New High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Feb 10, 4:50PM CST
Shares of BRE Properties Inc. crafted a new 52-week high, touching $61.65 at the end of the trading session on Feb 7.
Aimco Q4 FFO Beats by a Penny - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 07, 10:20AM CST
Aimco reported pro forma FFO of 57 cents per share in fourth-quarter 2013, a penny ahead of the Zacks Consensus Estimate.
UDR Inc. Misses on Q4 FFO - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 05, 12:16PM CST
UDR Inc.'s fourth-quarter 2013 funds from operations (FFO) as adjusted came in at 35 cents per share, missing the Zacks Consensus Estimate by a penny
Equity Residential Q4 FFO a Penny Ahead - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 05, 10:00AM CST
Driven by higher same store net operating income, Equity Residential's normalized FFO per share in fourth-quarter 2013 reached 77 cents, a penny ahead of the Zacks Consensus Estimate.
BRE Properties Rises 1.86% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Feb 04, 5:51PM CST
BRE Properties (NYSE:BRE) traded in a range yesterday that spanned from a low of $58.17 to a high of $59.79. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $59.47 on volume of 872,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
After Yesterday's Rally of 1.86% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Feb 04, 5:51PM CST
BRE Properties (NYSE:BRE) traded in a range yesterday that spanned from a low of $58.17 to a high of $59.79. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $59.47 on volume of 872,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
BRE Properties Beats Q4 FFO Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Feb 04, 10:00AM CST
BRE Properties reported fourth-quarter 2013 core FFO of 67 cents per share that exceeded the Zacks Consensus Estimate by 2 cents and the year ago-quarter figure by 6 cents.
BRE Properties Reports Fourth Quarter and Annual 2013 Results
Business Wire - Mon Feb 03, 3:45PM CST
BRE Properties, Inc. (NYSE:BRE), a leading owner, operator and developer of high-quality apartment communities in targeted growth markets in California and Seattle, today reported Core Funds from Operations (Core FFO) of $0.67 per share for the quarter ended December 31, 2013, and $2.54 per share for the year ended December 31, 2013. The per share results reflect an increase of 9.8% and 6.3% compared to the fourth quarter and full year periods in 2012, respectively. Core FFO is used to facilitate comparisons of BRE's earnings results and excludes certain non-core items that are not comparable when comparing periods or earnings performance between periods. All per share results are reported on a fully diluted basis.
AvalonBay Q4 FFO Meets Estimates, Hikes Div - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 30, 10:20AM CST
Aided by growth in rental revenue, AvalonBay reported fourth-quarter 2013 core FFO of $1.62 per share, up 17.4% year over year and in line with the Zacks Consensus Estimate. It also raised its dividend by 8.4%.
SL Green Beats on Q4 FFO & Revs - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 30, 10:00AM CST
SL Green reported fourth-quarter 2013 FFO of $1.38 per share, beating the Zacks Consensus Estimate by 3 cents and the prior-year quarter figure by 24 cents.
Neutral Stance on BRE Properties - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 23, 4:50PM CST
On Jan 21, 2014, we reaffirmed our long-term recommendation on BRE Properties, a residential real estate investment trust (REIT), at Neutral.
BRE Properties Announces Redemption of 6.75% Series D Cumulative Redeemable Preferred Stock
Business Wire - Tue Jan 21, 6:26PM CST
BRE Properties, Inc. (NYSE:BRE) today announced that it has issued a Notice of Redemption to all holders of record of its outstanding 6.75% Series D Cumulative Redeemable Preferred Stock (or Series D Preferred Stock) at a redemption price of $25.23438 per share. The redemption price is equal to the original issue price of $25.00 per share, plus accrued and unpaid dividends through the redemption date, which is February 20, 2014. From the redemption date forward, none of the 2,159,715 shares of Series D Preferred Stock called for redemption will remain outstanding and dividends will no longer accrue. After the redemption date, holders of shares of the Series D Preferred Stock will have no rights in respect of such redeemed shares, other than the right to receive the $25.23438 total redemption price, which includes dividends that will accrue through the redemption date. Because the date fixed for redemption of the Series D Preferred Stock is February 20, 2014, which is prior to the date previously announced as the record date for the first quarter dividend, the Series D Preferred Stock will not be outstanding on such dividend record date and, therefore, no such dividend will be paid on the corresponding dividend payment date. Instead, dividends for the partial dividend period through the redemption date will be included in the redemption price.
UDR Remains at Neutral - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jan 20, 5:25PM CST
On Jan 17, 2013, we reiterated our long-term recommendation on UDR Inc. (UDR), a real estate investment trust (REIT), at Neutral.
BRE Properties Announces Tax Status of 2013 Dividends
Business Wire - Fri Jan 17, 10:21AM CST
BRE Properties, Inc. (NYSE:BRE) today announced the 2013 dividend tax status of its distributions to shareholders. The 2013 distribution classifications are:
BRE Properties Announces Fourth Quarter and Full Year 2013 Earnings Release Information
Business Wire - Tue Jan 14, 11:16AM CST
BRE Properties, Inc. (NYSE:BRE) today announced that it will release its fourth quarter and full year 2013 financial results on Monday, February 3, 2014 after the market close. The full text of the earnings report and supplemental data will be available immediately after the release in the Investors Section of the company's website. Click on Quarterly Reporting.
Equity Residential Kept at Neutral - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jan 09, 4:16PM CST
On Jan 7, 2014, we reiterated our long-term recommendation on Equity Residential at Neutral.
BRE Properties Inc. Bolsters Its Leasing Process with Yardi PopCard
Business Wire - Thu Jan 02, 9:59AM CST
Yardi announced today that BRE Properties Inc. has improved its apartment leasing process since adopting Yardi PopCard(TM).
