Resource America (REXI) 8.96 $REXI
Resource America (REXI) Downgraded From Hold to Sell
at The Street - Wed Feb 11, 3:20PM CST
Resource America (REXI) has been downgraded by TheStreet Ratings from Hold to Sell with a ratings score of D-.
REXI: 8.96 (-0.11)
Resource Capital Corp. Announces Pricing of $346 Million CLO Backed by Self-Originated Commercial Mortgage Loans
Marketwired - Wed Feb 11, 8:02AM CST
Resource Capital Corp. (NYSE: RSO) (the "Company"
announced that its newly formed subsidiary, Resource Capital Corp. 2015-CRE3, Ltd. (the "Issuer" , will issue approximately $282 million of non-recourse, floating-rate notes ("Offered Notes" at a weighted average cost of LIBOR+190 basis points (the "CLO" . The Company will retain the subordinated notes and the preferred shares in the CLO, equal to approximately $64 million ("Invested Equity" , which represents an advance rate of 81.5%. The Company expects to earn a return on its Invested Equity of 17-19% over the life of the CLO, inclusive of fees and expenses. The Offered Notes are collateralized by 20 floating rate commercial real estate first mortgage loans originated by a wholly-owned subsidiary of the Company with a principal balance of $400.6 million, inclusive of pari passu future funding participations that will be held by the Company outside of the CLO. The anticipated closing date of the CLO is on or about February 24, subject to the satisfaction of customary closing conditions.
RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Real Estate Opportunity REIT Earns $2.7 Million Profit on Successful Property Sale
Business Wire - Wed Feb 04, 9:00AM CST
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" , today announced the successful sale of The Alcove, a 292-unit multifamily community located in Houston, Texas.
REXI: 8.96 (-0.11)
Resource Real Estate Hires Martin Caverly as Senior Commercial Real Estate Executive
Business Wire - Fri Jan 30, 10:00AM CST
Resource Real Estate (RRE), a firm that specializes in direct real estate investments, commercial real estate lending, and global real estate securities, announces the hiring of Martin Caverly as Senior Vice President focusing on RRE's growing commercial office business.
REXI: 8.96 (-0.11)
Resource America, Inc. to Report Operating Results for the Fourth Quarter and Year Ended December 31, 2014
GlobeNewswire - Wed Jan 21, 9:04AM 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, 2014 on Wednesday, March 04, 2015, after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Thursday, March 05, 2015, at 8:30 a.m. Eastern Time.
REXI: 8.96 (-0.11)
Resource Capital Corp. to Report Operating Results for Fourth Quarter and Fiscal Year Ended December 31, 2014
GlobeNewswire - Fri Jan 16, 8:00AM CST
Resource Capital Corp. (NYSE:RSO) (the "Company" announced today that it will release its fourth quarter and fiscal year ended December 31, 2014 operating results on Wednesday, February 25, 2015, after market hours, and invites investors and other interested parties to listen to the live webcast of its conference call on Thursday, February 26, 2015, at 8:30 a.m. Eastern Time.
RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Capital Corp. Announces Pricing of 8.00% Convertible Senior Notes Due 2020
Marketwired - Wed Jan 07, 4:45PM CST
Resource Capital Corp. (NYSE: RSO) (the "Company" today announced that it priced $100.0 million aggregate principal amount of its 8.00% convertible senior notes due 2020 (the "Notes" in an underwritten public offering. The Company granted the underwriters a 30-day option to purchase up to an additional $15.0 million aggregate principal amount of the Notes in connection with the offering solely to cover over-allotments. The Notes will be senior unsecured obligations of the Company. The offering is expected to close on January 13, 2015, subject to the satisfaction of certain customary closing conditions.
RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Capital Corp. Announces Offering of Convertible Notes Due 2020
Marketwired - Tue Jan 06, 3:01PM CST
Resource Capital Corp. (NYSE: RSO) (the "Company" today announced that it plans to offer $100.0 million aggregate principal amount of convertible senior notes due 2020 in an underwritten public offering (the "Notes" . The Company expects to grant the underwriters a 30-day option to purchase up to an additional $15.0 million aggregate principal amount of the Notes in connection with the offering solely to cover over-allotments. The Notes will be senior unsecured obligations of the Company. The interest rate and offering price are to be determined by negotiations between the Company and the underwriters of the offering.
RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Capital Corp. Provides 2015 AFFO and Dividend Outlook
Marketwired - Mon Jan 05, 8:15AM CST
Resource Capital Corp. (NYSE: RSO) (the "Company" today provided Adjusted Funds from Operations ("AFFO" and dividend guidance for 2015. In reviewing its budgets and expectations for 2015, the Company currently expects AFFO to be between $0.70-$0.80 per diluted common share. The Company plans to distribute approximately 90% of AFFO and, accordingly, currently expects to distribute between $0.64 - $0.72 per common share in 2015.
RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource America, Inc. Makes Strategic Investment in Pearlmark Real Estate
Marketwired - Wed Dec 24, 8:04AM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company" announces it has expanded its real estate asset management operations by entering into an arrangement with Pearlmark Real Estate Partners, L.L.C. ("PREP" to create a strategic 50/50 joint venture with the principals of PREP. Based in Chicago, PREP is an experienced and highly regarded real estate investment manager that has sponsored a series of private institutional real estate vehicles to (i) acquire, develop and manage office, retail, industrial and multifamily properties, and (ii) invest in proprietarily originated high-yield real estate debt opportunities throughout the United States. Through its platforms, it has committed approximately $4.5 billion of equity capital from an investor base including insurance companies, public and private pension funds, foundations, endowments, high net worth families, banks and Fortune 500 corporations, and has approximately 35 employees.
HOT: 78.55 (+0.67), REXI: 8.96 (-0.11)
Resource America declares $0.06 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 19, 8:38AM CST
REXI: 8.96 (-0.11)
Resource America, Inc. Authorizes Payment of Quarterly Cash Dividend
Marketwired - Fri Dec 19, 8:00AM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company" announces that its Board of Directors has authorized the payment of a cash dividend on January 30, 2015 in the amount of $0.06 per share of the Company's common stock to all holders of record at the close of business on January 16, 2015.
REXI: 8.96 (-0.11)
Resource Capital Corp. Declares Quarterly Cash Dividends for Preferred Stock
Marketwired - Thu Dec 18, 8:00AM CST
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 October 31, 2014 through and including January 30, 2015 in the amount of $0.53125 per share. The dividend will be payable on January 30, 2015 to holders of record on January 2, 2015.
RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Capital Corp. Declares Quarterly Cash Dividend
Marketwired - Thu Dec 18, 7:45AM 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, 2014. The dividend will be paid on January 28, 2015 to holders of record on December 31, 2014.
RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Real Estate Opportunity REIT II Increases Cash Dividend, Authorizes a Special Stock Distribution and Announces New Asset Under Contract for Purchase
Business Wire - Wed Dec 03, 10:25AM CST
Resource Real Estate Opportunity REIT II, Inc. ("Opportunity REIT II" announces that it is under contract with the intent to acquire a multifamily community in Fort Worth, Texas. Opportunity REIT II has concluded its due diligence on its second acquisition and it is expected to close within the next 30 days. However, Opportunity REIT II cannot guarantee that the acquisition will close.
REXI: 8.96 (-0.11)
Resource America's (REXI) CEO Jonathan Cohen on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Sun Nov 09, 8:30AM CST
REXI: 8.96 (-0.11)
Resource America beats by $0.01, beats on revenue
Seeking Alpha - at Seeking Alpha - Wed Nov 05, 7:10PM CST
REXI: 8.96 (-0.11)
Resource America, Inc. Reports Operating Results for the Third Quarter Ended September 30, 2014
Marketwired - Wed Nov 05, 6:59PM CST
Resource America, Inc. (NASDAQ: REXI)
REXI: 8.96 (-0.11)
Resource America, Inc. to Report Operating Results for the Third Quarter 2014
GlobeNewswire - Tue Oct 28, 8:01AM CDT
Resource America, Inc. (Nasdaq:REXI) (the "Company" announced today that it will release its results for the third quarter ended September 30, 2014 on Wednesday, November 05, 2014, after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Thursday, November 06, 2014, at 8:30 a.m. Eastern Time.
REXI: 8.96 (-0.11)
Resource Capital Corp. to Report Operating Results for Third Quarter 2014
GlobeNewswire - Wed Oct 22, 8:43AM CDT
Resource Capital Corp. (NYSE:RSO) (the "Company" announced today that it will release its third quarter operating results on Monday, November 03, 2014, after market hours, and invites investors and other interested parties to listen to the live webcast of its conference call on Tuesday, November 04, 2014, at 8:30 a.m. Eastern Time.
RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource America (REXI) Downgraded From Hold to Sell
at The Street - Wed Feb 11, 3:20PM CST
Resource America (REXI) has been downgraded by TheStreet Ratings from Hold to Sell with a ratings score of D-.
REXI: 8.96 (-0.11)
Resource Capital Corp. Announces Pricing of $346 Million CLO Backed by Self-Originated Commercial Mortgage Loans
Marketwired - Wed Feb 11, 8:02AM CST
Resource Capital Corp. (NYSE: RSO) (the "Company"
announced that its newly formed subsidiary, Resource Capital Corp. 2015-CRE3, Ltd. (the "Issuer" , will issue approximately $282 million of non-recourse, floating-rate notes ("Offered Notes" at a weighted average cost of LIBOR+190 basis points (the "CLO" . The Company will retain the subordinated notes and the preferred shares in the CLO, equal to approximately $64 million ("Invested Equity" , which represents an advance rate of 81.5%. The Company expects to earn a return on its Invested Equity of 17-19% over the life of the CLO, inclusive of fees and expenses. The Offered Notes are collateralized by 20 floating rate commercial real estate first mortgage loans originated by a wholly-owned subsidiary of the Company with a principal balance of $400.6 million, inclusive of pari passu future funding participations that will be held by the Company outside of the CLO. The anticipated closing date of the CLO is on or about February 24, subject to the satisfaction of customary closing conditions. RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Real Estate Opportunity REIT Earns $2.7 Million Profit on Successful Property Sale
Business Wire - Wed Feb 04, 9:00AM CST
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" , today announced the successful sale of The Alcove, a 292-unit multifamily community located in Houston, Texas. REXI: 8.96 (-0.11)
Resource Real Estate Hires Martin Caverly as Senior Commercial Real Estate Executive
Business Wire - Fri Jan 30, 10:00AM CST
Resource Real Estate (RRE), a firm that specializes in direct real estate investments, commercial real estate lending, and global real estate securities, announces the hiring of Martin Caverly as Senior Vice President focusing on RRE's growing commercial office business.
REXI: 8.96 (-0.11)
Resource America, Inc. to Report Operating Results for the Fourth Quarter and Year Ended December 31, 2014
GlobeNewswire - Wed Jan 21, 9:04AM 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, 2014 on Wednesday, March 04, 2015, after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Thursday, March 05, 2015, at 8:30 a.m. Eastern Time. REXI: 8.96 (-0.11)
Resource Capital Corp. to Report Operating Results for Fourth Quarter and Fiscal Year Ended December 31, 2014
GlobeNewswire - Fri Jan 16, 8:00AM CST
Resource Capital Corp. (NYSE:RSO) (the "Company"
announced today that it will release its fourth quarter and fiscal year ended December 31, 2014 operating results on Wednesday, February 25, 2015, after market hours, and invites investors and other interested parties to listen to the live webcast of its conference call on Thursday, February 26, 2015, at 8:30 a.m. Eastern Time. RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Capital Corp. Announces Pricing of 8.00% Convertible Senior Notes Due 2020
Marketwired - Wed Jan 07, 4:45PM CST
Resource Capital Corp. (NYSE: RSO) (the "Company"
today announced that it priced $100.0 million aggregate principal amount of its 8.00% convertible senior notes due 2020 (the "Notes" in an underwritten public offering. The Company granted the underwriters a 30-day option to purchase up to an additional $15.0 million aggregate principal amount of the Notes in connection with the offering solely to cover over-allotments. The Notes will be senior unsecured obligations of the Company. The offering is expected to close on January 13, 2015, subject to the satisfaction of certain customary closing conditions. RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Capital Corp. Announces Offering of Convertible Notes Due 2020
Marketwired - Tue Jan 06, 3:01PM CST
Resource Capital Corp. (NYSE: RSO) (the "Company"
today announced that it plans to offer $100.0 million aggregate principal amount of convertible senior notes due 2020 in an underwritten public offering (the "Notes" . The Company expects to grant the underwriters a 30-day option to purchase up to an additional $15.0 million aggregate principal amount of the Notes in connection with the offering solely to cover over-allotments. The Notes will be senior unsecured obligations of the Company. The interest rate and offering price are to be determined by negotiations between the Company and the underwriters of the offering. RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Capital Corp. Provides 2015 AFFO and Dividend Outlook
Marketwired - Mon Jan 05, 8:15AM CST
Resource Capital Corp. (NYSE: RSO) (the "Company"
today provided Adjusted Funds from Operations ("AFFO" and dividend guidance for 2015. In reviewing its budgets and expectations for 2015, the Company currently expects AFFO to be between $0.70-$0.80 per diluted common share. The Company plans to distribute approximately 90% of AFFO and, accordingly, currently expects to distribute between $0.64 - $0.72 per common share in 2015. RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource America, Inc. Makes Strategic Investment in Pearlmark Real Estate
Marketwired - Wed Dec 24, 8:04AM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company"
announces it has expanded its real estate asset management operations by entering into an arrangement with Pearlmark Real Estate Partners, L.L.C. ("PREP" to create a strategic 50/50 joint venture with the principals of PREP. Based in Chicago, PREP is an experienced and highly regarded real estate investment manager that has sponsored a series of private institutional real estate vehicles to (i) acquire, develop and manage office, retail, industrial and multifamily properties, and (ii) invest in proprietarily originated high-yield real estate debt opportunities throughout the United States. Through its platforms, it has committed approximately $4.5 billion of equity capital from an investor base including insurance companies, public and private pension funds, foundations, endowments, high net worth families, banks and Fortune 500 corporations, and has approximately 35 employees. HOT: 78.55 (+0.67), REXI: 8.96 (-0.11)
Resource America declares $0.06 dividend
Seeking Alpha - at Seeking Alpha - Fri Dec 19, 8:38AM CST
REXI: 8.96 (-0.11)
Resource America, Inc. Authorizes Payment of Quarterly Cash Dividend
Marketwired - Fri Dec 19, 8:00AM CST
Resource America, Inc. (NASDAQ: REXI) (the "Company"
announces that its Board of Directors has authorized the payment of a cash dividend on January 30, 2015 in the amount of $0.06 per share of the Company's common stock to all holders of record at the close of business on January 16, 2015. REXI: 8.96 (-0.11)
Resource Capital Corp. Declares Quarterly Cash Dividends for Preferred Stock
Marketwired - Thu Dec 18, 8:00AM CST
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 October 31, 2014 through and including January 30, 2015 in the amount of $0.53125 per share. The dividend will be payable on January 30, 2015 to holders of record on January 2, 2015. RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Capital Corp. Declares Quarterly Cash Dividend
Marketwired - Thu Dec 18, 7:45AM 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, 2014. The dividend will be paid on January 28, 2015 to holders of record on December 31, 2014. RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
Resource Real Estate Opportunity REIT II Increases Cash Dividend, Authorizes a Special Stock Distribution and Announces New Asset Under Contract for Purchase
Business Wire - Wed Dec 03, 10:25AM CST
Resource Real Estate Opportunity REIT II, Inc. ("Opportunity REIT II"
announces that it is under contract with the intent to acquire a multifamily community in Fort Worth, Texas. Opportunity REIT II has concluded its due diligence on its second acquisition and it is expected to close within the next 30 days. However, Opportunity REIT II cannot guarantee that the acquisition will close. REXI: 8.96 (-0.11)
Resource America's (REXI) CEO Jonathan Cohen on Q3 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Sun Nov 09, 8:30AM CST
REXI: 8.96 (-0.11)
Resource America beats by $0.01, beats on revenue
Seeking Alpha - at Seeking Alpha - Wed Nov 05, 7:10PM CST
REXI: 8.96 (-0.11)
Resource America, Inc. Reports Operating Results for the Third Quarter Ended September 30, 2014
Marketwired - Wed Nov 05, 6:59PM CST
Resource America, Inc. (NASDAQ: REXI)
REXI: 8.96 (-0.11)
Resource America, Inc. to Report Operating Results for the Third Quarter 2014
GlobeNewswire - Tue Oct 28, 8:01AM CDT
Resource America, Inc. (Nasdaq:REXI) (the "Company"
announced today that it will release its results for the third quarter ended September 30, 2014 on Wednesday, November 05, 2014, after market hours, and invites investors and other interested parties to listen to the live webcast of its quarterly conference call on Thursday, November 06, 2014, at 8:30 a.m. Eastern Time. REXI: 8.96 (-0.11)
Resource Capital Corp. to Report Operating Results for Third Quarter 2014
GlobeNewswire - Wed Oct 22, 8:43AM CDT
Resource Capital Corp. (NYSE:RSO) (the "Company"
announced today that it will release its third quarter operating results on Monday, November 03, 2014, after market hours, and invites investors and other interested parties to listen to the live webcast of its conference call on Tuesday, November 04, 2014, at 8:30 a.m. Eastern Time. RSO: 4.87 (+0.03), REXI: 8.96 (-0.11)
