UBA 22.03 Urstadt Biddle Properties Inc $UBA Hit a
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UBA Recent Posts: http://investorshangout.com/Urstadt-Biddle-Pr...UBA-52937/
UBA Urstadt Biddle Properties Inc Recent Headline News
NYSE stocks posting largest volume increases
AP - Tue Nov 04, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
RCAP: 11.58 (+0.67), LVLT: 46.84 (-0.41), BRP: 23.24 (+0.02), DGX: 60.44 (-0.92), JBL: 21.08 (+0.23), UBA: 22.03 (+0.03), DOV: 81.25 (+2.16), AP: 18.86 (-0.36), UBP: 18.42 (+0.01), KAMN: 40.58 (-0.35), CVD: 100.95 (+0.15)
Urstadt Biddle Properties Inc. Announces Closing of Class A Common Stock Offering
Business Wire - Mon Nov 03, 3:15PM CST
Urstadt Biddle Properties Inc. (the "Company" (NYSE:UBA), a self-administered equity real estate investment trust, today announced the closing of its previously announced underwritten public offering of 2,500,000 shares of its Class A common stock, resulting in $52.05 million of proceeds to the Company before offering expenses.
DB: 30.92 (+0.09), UBA: 22.03 (+0.03), UBP: 18.42 (+0.01)
Urstadt Biddle Properties Inc. Announces Pricing of Class A Common Stock Offering
Business Wire - Wed Oct 29, 7:44AM CDT
Urstadt Biddle Properties Inc. (the "Company" (NYSE:UBA) today announced the pricing of its underwritten offering of 2,500,000 shares of its Class A common stock at a price to the public of $21.30 per share. The Company has granted the underwriter an option for 30 days to purchase up to an additional 375,000 shares of its Class A common stock. The offering was made pursuant to the Company's shelf registration statement and settlement is expected to occur on or about November 3, 2014. Deutsche Bank Securities Inc. is acting as sole book-running manager for the offering.
DB: 30.92 (+0.09), UBA: 22.03 (+0.03), UBP: 18.42 (+0.01)
Urstadt Biddle commences public offering of 2.5m class A common stock shares
M2 - Wed Oct 29, 3:36AM CDT
Urstadt Biddle Properties Inc (NYSE:UBA), a real estate investment trust, said on Wednesday that it is offering 2,500,000 shares of its class A common stock in a public offering, under its existing shelf registration statement filed with the US Securities and Exchange Commission.
UBA: 22.03 (+0.03), UBP: 18.42 (+0.01)
Urstadt Biddle Properties Inc. Announces Offering of 2,500,000 Shares of Class A Common Stock
Business Wire - Tue Oct 28, 3:15PM CDT
Urstadt Biddle Properties Inc. (the "Company" (NYSE:UBA), a self-administered equity real estate investment trust, announced today that it is offering 2,500,000 shares of its Class A common stock in a public offering. In connection with the offering, the Company intends to grant the underwriter an option for 30 days to purchase an additional 375,000 shares of its Class A common stock.
DB: 30.92 (+0.09), UBA: 22.03 (+0.03), UBP: 18.42 (+0.01)
Urstadt Biddle Properties Inc. Announces Redemption of 7.50% Series D Senior Cumulative Preferred Stock
Business Wire - Wed Oct 22, 5:34PM CDT
On October 22, 2014, Urstadt Biddle Properties Inc. ("UBP" (NYSE: UBPPRD), issued a notice of redemption to the registered holders of its 7.50% Series D Senior Cumulative Preferred Stock (the "Series D Preferred Stock" . UBP will redeem all 2,450,000 outstanding shares of the Series D Preferred Stock on November 21, 2014, the redemption date. The Series D Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus $0.109375 per share, the amount equal to all dividends accrued and unpaid on a share of the Series D Preferred Stock from November 1, 2014 through the redemption date. UBP previously declared a regular quarterly dividend on the Series D Preferred Stock of $0.46875 per share payable on October 31, 2014 to stockholders of record on October 17, 2014.
UBA: 22.03 (+0.03), UBP: 18.42 (+0.01)
Urstadt Biddle Properties Inc. Announces Pricing of Series G Preferred Stock Offering
Business Wire - Wed Oct 22, 7:32AM CDT
Urstadt Biddle Properties Inc. (NYSE: UBA) (the "Company" , a self-administered equity real estate investment trust today announced that it has priced a public offering of 2,800,000 shares of its 6.75% Series G Cumulative Redeemable Preferred Stock, liquidation preference of $25.00 per share, for estimated net proceeds before expenses of approximately $67.8 million. The offering is subject to customary closing conditions and is expected to close on or about October 28, 2014.
UBA: 22.03 (+0.03), UBP: 18.42 (+0.01)
Urstadt Biddle Properties Inc. Announces Offering of Series G Preferred Stock
Business Wire - Tue Oct 21, 7:33AM CDT
Urstadt Biddle Properties Inc. (NYSE: UBA) (the "Company" , a self-administered equity real estate investment trust today announced the commencement of a public offering of 2,450,000 shares of its Series G Cumulative Redeemable Preferred Stock. In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase an additional 367,500 shares to cover overallotments, if any. BMO Capital Markets is the sole book-running manager for the offering. Deutsche Bank Securities and Stifel are acting as joint lead managers for the offering. J.J.B. Hilliard, W.L. Lyons, LLC, Wunderlich Securities and BNY Mellon Capital Markets, LLC are acting as co-managers for the offering.
DB: 30.92 (+0.09), UBA: 22.03 (+0.03), UBP: 18.42 (+0.01)
Urstadt Biddle's subsidiary acquires 51% equity interest in JV and owner of shopping centre in New York for USD7.8m
M2 - Mon Oct 13, 8:51AM CDT
A real estate investment trust, Urstadt Biddle Properties Inc's (NYSE:UBA) (NYSE:UBP) wholly-owned subsidiary closed the purchase of a 51% equity interest in a joint venture (JV) that owns the McLean Plaza Shopping Center in Yonkers, Westchester County, New York, for an investment of USD7.8m, the company revealed on Friday.
UBA: 22.03 (+0.03), UBP: 18.42 (+0.01)
Urstadt Biddle Properties Inc. Announces Acquisition of a 51% Equity Interest in a Joint Venture That Owns the McLean Plaza Shopping Center in Yonkers, Westchester County, New York
Business Wire - Fri Oct 10, 3:24PM CDT
Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced today that a wholly-owned subsidiary had completed the purchase of a 51% equity interest in a joint venture that owns the McLean Plaza Shopping Center in Yonkers, Westchester County, New York for an investment of $7.8 million. The purchase price was subject to the company assuming its share of a $2.78 million first mortgage payable that encumbers the shopping center. The loan bears interest at the rate of 4.0% per annum and matures in December 2014. The company purchased its 51% interest from an affiliate of The Great Atlantic & Pacific Tea Company (A&P), which is an existing tenant in the shopping center. In conjunction with the purchase, A&P modified its lease and extended the initial term until 2034. The remaining 49% of the joint venture continues to be owned by entities owned by the two real estate families that originally developed the shopping center with A&P. The Company funded the acquisition with available cash and a borrowing on its unsecured revolving credit facility. The shopping center is located on McLean Avenue, in Yonkers, New York at the intersection with the Major Deegan Expressway (Interstate 87). The shopping center was built in 1982 and contains 57,000 square feet of leasable space anchored by a 35,000 square foot A&P Supermarket. Other tenants in the shopping center include Duane Reade pharmacy (a subsidiary of Walgreen's), an E-Z Pass Service Center, Dunkin Donuts and Ridgewood Savings Bank. Over 500,000 people live within three miles of the shopping center.
UBA: 22.03 (+0.03), WAG: 65.66 (+0.42), UBP: 18.42 (+0.01)
Urstadt Biddle closes sale of shopping centre for USD31.0m cash in Massachusetts
M2 - Fri Sep 26, 6:01AM CDT
Real estate investment trust Urstadt Biddle Properties Inc (NYSE:UBA) (NYSE:UBP) has completed the sale of its 328,000 sq ft retail shopping centre in Springfield, Massachusetts known as the 'Five Town Plaza Shopping Center', to an institutional real estate company for USD31.0m, it disclosed on Friday.
UBA: 22.03 (+0.03), UBP: 18.42 (+0.01)
Urstadt Biddle Properties Inc. Announces Completion of Sale of Five Town Plaza Shopping Center in Springfield, Massachusetts
Business Wire - Thu Sep 25, 3:32PM CDT
Urstadt Biddle Properties Inc. (NYSE:UBA and UBP), a real estate investment trust, announced today that is has completed the sale of its 328,000 square foot retail shopping center located in Springfield, Massachusetts known as the "Five Town Plaza Shopping Center". The property was sold to an institutional real estate company for an all cash price of $31,007,400. The sale of Five Town Plaza will complete a tax-deferred reverse exchange, the down-leg of which was the recently completed purchase of two retail properties in Greenwich, Connecticut for a purchase price of $47.4 million. The company will use the proceeds of the sale to repay existing borrowings on its unsecured revolving credit facility that were made in connection with the purchase of the Greenwich properties. The company estimates that it will record, for financial reporting purposes, a gain on sale of the property of approximately $24 million in its fiscal fourth quarter ending October 31, 2014.
UBA: 22.03 (+0.03), UBP: 18.42 (+0.01)