Resource America (REXI) 8.59 $REXI
Primary Capital Mortgage Appoints Industry Veteran as Vice President, Western Region
PR Newswire - Wed Apr 16, 6:30AM CDT
Primary Capital Mortgage (PCM) is pleased to announce the appointment of Sharon Bitz as its new VP, Western Region supporting Wholesale Account Executives as well as Broker and Correspondent business partners in the Western Region. An advocate of growth and technology, Sharon joins PCM with more than 25 years of experience in Wholesale Mortgage Lending and Sales Management. Most recently she held the position of Senior Vice President, Wholesale Lending for Western Bancorp, a California company headquartered in San Jose, California.
Resource Real Estate Opportunity REIT Purchases Addison Place Apartments and Townhomes
Business Wire - Fri Apr 11, 8:00AM CDT
Resource Real Estate Opportunity REIT, Inc., ("Opportunity REIT"
a non-traded real estate investment trust sponsored by Resource Real Estate, Inc. ("Resource Real Estate" or "RRE" purchased Addison Place Apartments and Townhomes ("Addison Place", a multifamily community located in Johns Creek, Georgia, for $70.5 million.
Resource Capital Updates Recent Activities
Marketwire - Thu Apr 10, 8:02AM CDT
Resource Capital Corp. (NYSE: RSO) (the "Company" today provided an update on its recent investing activities. During the quarter ended March 31, 2014, the Company invested over $300 million in new assets including over $161 million in commercial real estate loans and securities. Since January 1, 2014:
Resource Real Estate Diversified Income Fund (RREDX) Increases Quarterly Dividend
Business Wire - Thu Apr 10, 8:01AM CDT
Today, Resource Real Estate Diversified Income Fund (the "Fund," ticker RREDX) announces its quarterly dividend of $0.153 as of March 31, 2014, increasing its quarterly distribution by 11 percent from its first distribution in June 2013. This represents the fourth consecutive dividend and a 6.3 percent SEC yield*, placing it in excess of the Fund's initial target of 5 percent. The Fund began trading on March 12, 2013 and closed the quarter as of March 31, 2014 with an inception-to-date total return of 2.4 percent.
Resource America, Inc. Authorizes Payment of Quarterly Cash Dividend
Marketwire - Fri Apr 04, 8:00AM CDT
Resource America, Inc. (NASDAQ: REXI) (the "Company" announces that its Board of Directors has authorized the payment of a cash dividend on April 30, 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 April 16, 2014. The Company has paid a consecutive quarterly cash dividend for over 18 years.
Resource Capital Corp. Declares Quarterly Cash Dividends for Preferred Stock
Marketwire - Fri Mar 21, 8:30AM CDT
Resource Capital Corp. (NYSE: RSO) (the "Company" announced today that it will pay a cash dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock for the period from January 31, 2014 through and including April 30, 2014 in the amount of $0.53125 per share. The dividend will be payable on April 30, 2014 to holders of record on April 1, 2014.
Resource Capital Corp. Declares Quarterly Cash Dividend
Marketwire - Fri Mar 21, 7:30AM CDT
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 March 31, 2014. The dividend will be paid on April 28, 2014 to holders of record on March 31, 2014.
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 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.
Primary Capital Mortgage Appoints Industry Veteran as Vice President, Western Region
PR Newswire - Wed Apr 16, 6:30AM CDT
Primary Capital Mortgage (PCM) is pleased to announce the appointment of Sharon Bitz as its new VP, Western Region supporting Wholesale Account Executives as well as Broker and Correspondent business partners in the Western Region. An advocate of growth and technology, Sharon joins PCM with more than 25 years of experience in Wholesale Mortgage Lending and Sales Management. Most recently she held the position of Senior Vice President, Wholesale Lending for Western Bancorp, a California company headquartered in San Jose, California.
Resource Real Estate Opportunity REIT Purchases Addison Place Apartments and Townhomes
Business Wire - Fri Apr 11, 8:00AM CDT
Resource Real Estate Opportunity REIT, Inc., ("Opportunity REIT"
a non-traded real estate investment trust sponsored by Resource Real Estate, Inc. ("Resource Real Estate" or "RRE" purchased Addison Place Apartments and Townhomes ("Addison Place", a multifamily community located in Johns Creek, Georgia, for $70.5 million. Resource Capital Updates Recent Activities
Marketwire - Thu Apr 10, 8:02AM CDT
Resource Capital Corp. (NYSE: RSO) (the "Company"
today provided an update on its recent investing activities. During the quarter ended March 31, 2014, the Company invested over $300 million in new assets including over $161 million in commercial real estate loans and securities. Since January 1, 2014: Resource Real Estate Diversified Income Fund (RREDX) Increases Quarterly Dividend
Business Wire - Thu Apr 10, 8:01AM CDT
Today, Resource Real Estate Diversified Income Fund (the "Fund," ticker RREDX) announces its quarterly dividend of $0.153 as of March 31, 2014, increasing its quarterly distribution by 11 percent from its first distribution in June 2013. This represents the fourth consecutive dividend and a 6.3 percent SEC yield*, placing it in excess of the Fund's initial target of 5 percent. The Fund began trading on March 12, 2013 and closed the quarter as of March 31, 2014 with an inception-to-date total return of 2.4 percent.
Resource America, Inc. Authorizes Payment of Quarterly Cash Dividend
Marketwire - Fri Apr 04, 8:00AM CDT
Resource America, Inc. (NASDAQ: REXI) (the "Company"
announces that its Board of Directors has authorized the payment of a cash dividend on April 30, 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 April 16, 2014. The Company has paid a consecutive quarterly cash dividend for over 18 years. Resource Capital Corp. Declares Quarterly Cash Dividends for Preferred Stock
Marketwire - Fri Mar 21, 8:30AM CDT
Resource Capital Corp. (NYSE: RSO) (the "Company"
announced today that it will pay a cash dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock for the period from January 31, 2014 through and including April 30, 2014 in the amount of $0.53125 per share. The dividend will be payable on April 30, 2014 to holders of record on April 1, 2014. Resource Capital Corp. Declares Quarterly Cash Dividend
Marketwire - Fri Mar 21, 7:30AM CDT
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 March 31, 2014. The dividend will be paid on April 28, 2014 to holders of record on March 31, 2014. 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 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. 
