Why REITs Are Preferred Investments Right Now
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 3:39PM CDT
Why REITs Are Preferred Investments Right Now
MPW: 15.03 (-0.10), IVR: 13.76 (-0.09), ROIC: 20.67 (-0.07), AHH: 13.33 (+0.33), APLE: 18.49 (-0.24), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), COR: 84.86 (-0.35), WSR: 14.97 (+0.02), UE: 27.91 (-0.17), ELS: 75.10 (+1.41), EDR: 44.02 (-0.09), CTRE: 13.40 (+0.05), DCT: 45.50 (-0.35), INN: 12.40 (-0.48), KIM: 29.56 (-0.17), BFS: 57.43 (-0.60), WPC: 68.81 (-0.16), TWO: 8.77 (+0.13)
Whitestone REIT's Board of Trustees Declares Third Quarter 2016 Dividend; Company Posts Updated Investor Presentation to the IR Section of Its Website
GlobeNewswire - Mon Jun 06, 4:19PM CDT
Whitestone REIT (NYSE:WSR) ("Whitestone" or the "Company"
WSR: 14.97 (+0.02)
Vornado Closes Manhattan Building Financing, Sells Stake
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:15AM CDT
Vornado Realty Trust (VNO) recently sold a 47% stake in a Manhattan office building at a value of $561 million and also completed a $300 million recourse financing of this asset.
VNO: 96.99 (-1.94), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), WSR: 14.97 (+0.02)
First Potomac (FPO) to Sell Storey Park in Washington, D.C.
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:12AM CDT
First Potomac Realty Trust (FPO) is set to sell Storey Park, a development site located in the NoMa submarket of Washington, D.C., for gross proceeds of $54.5 million.
FPO: 9.16 (-0.22), PSB: 103.43 (-0.19), CLI: 26.64 (-0.93), WSR: 14.97 (+0.02)
Rayonier (RYN) to Gain from Portfolio Revamp: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Fri May 27, 8:50AM CDT
We updated our research report on Rayonier Inc. (RYN) on May 26, 2016.
DCT: 45.50 (-0.35), RYN: 25.28 (-0.93), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
Sovran Self Storage Gets Gross $690M from Stock Offering
Zacks Equity Research - Zacks Investment Research - Thu May 26, 9:48AM CDT
Sovran Self Storage, Inc. (SSS) raked in $690 million in gross proceeds from a public offering of 6.9 million shares at $100.00 per share.
DCT: 45.50 (-0.35), PSB: 103.43 (-0.19), SSS: 102.50 (+0.93), WSR: 14.97 (+0.02)
Boston Properties Confirms Colorado Center Stake Buyout
Zacks Equity Research - Zacks Investment Research - Wed May 25, 10:00AM CDT
Boston Properties Inc. (BXP) disclosed the signing of a binding agreement to acquire a 49.8% stake in Colorado Center in Santa Monica, CA.
BX: 24.47 (-1.41), BXP: 128.03 (-1.95), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
Kilroy Realty (KRC) Rewards Investors with Dividend Hike
Zacks Equity Research - Zacks Investment Research - Mon May 23, 6:57AM CDT
The board of directors of Kilroy Realty Corp. (KRC) announced a 7.1% sequential hike in its quarterly cash dividend.
KRC: 64.39 (-0.28), WSR: 14.97 (+0.02), GLPI: 34.30 (-0.13), BOXC: 22.00 (-0.53)
Washington REIT Closes Riverside Apartments Acquisition
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:37AM CDT
Washington REIT (WRE) disclosed the completion of the previously announced Riverside Apartments acquisition in Alexandria, VA for $244.8 million.
DCT: 45.50 (-0.35), WRE: 29.99 (-0.10), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
Cousins Inks Lease Deals for Atlanta's 191 Peachtree Tower
Zacks Equity Research - Zacks Investment Research - Mon May 23, 5:30AM CDT
Cousins Properties Incorporated (CUZ) disclosed the signing of two new leases at One Ninety One Peachtree Tower in Atlanta.
CUZ: 10.21 (-0.31), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02), PKY: 16.37 (-0.56)
Is Boston Properties Buying Blackstone's Los Angeles Stake?
Zacks Equity Research - Zacks Investment Research - Fri May 20, 8:48AM CDT
Boston Properties Inc. (BXP) has agreed to purchase a 50% interest in Santa Monica's office complex, Colorado Center, from Blackstone Group L.P. (BX).
BX: 24.47 (-1.41), BXP: 128.03 (-1.95), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
Terreno Realty Leases 221K Square Feet in New Jersey
Zacks Equity Research - Zacks Investment Research - Thu May 19, 4:12PM CDT
Terreno Realty Corporation (TRNO) has made the announcement of executing a lease deal at an Interstate property in South Brunswick, NJ.
TRNO: 25.16 (-0.02), WSR: 14.97 (+0.02), GLPI: 34.30 (-0.13), BOXC: 22.00 (-0.53)
SL Green, Vornado Close Refinancing for Manhattan JV Asset
Zacks Equity Research - Zacks Investment Research - Thu May 19, 8:09AM CDT
SL Green Realty Corp. (SLG) and Vornado Realty Trust (VNO) completed the $900 million refinancing of a Manhattan office building that is held in JV by the two REITs.
VNO: 96.99 (-1.94), SLG: 102.16 (-3.21), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
Outfront Media Launches ON Smart Platform in Minneapolis
Zacks Equity Research - Zacks Investment Research - Thu May 19, 6:01AM CDT
Outfront Media Inc. (OUT) has launched ON Smart Media platform in the Minneapolis and St. Paul skyway systems.
OUT: 23.39 (-0.45), WSR: 14.97 (+0.02), GLPI: 34.30 (-0.13), BOXC: 22.00 (-0.53)
Welltower (HCN) Expands Credit Facility to $3.7 Billion
Zacks Equity Research - Zacks Investment Research - Tue May 17, 7:00AM CDT
Welltower Inc. (HCN) has expanded its existing $3.2 billion credit facility with a new unsecured facility of $3.7 billion.
HCN: 72.49 (-0.55), WSR: 14.97 (+0.02), GLPI: 34.30 (-0.13), BOXC: 22.00 (-0.53)
Diamondrock Hospitality Pays Off $48M Mortgage Loan
Zacks Equity Research - Zacks Investment Research - Tue May 17, 6:35AM CDT
Diamondrock Hospitality Co.(DRH) announced the full repayment of the mortgage loan secured by Courtyard Manhattan Fifth Avenue.
WSR: 14.97 (+0.02), GLPI: 34.30 (-0.13), DRH: 9.08 (-0.70), BOXC: 22.00 (-0.53)
Winthrop Realty (FUR) Divests North Carolina Assets
Zacks Equity Research - Zacks Investment Research - Mon May 16, 6:52AM CDT
Winthrop Realty Trust (FUR) has made the announcement of selling its Greensboro, NC-based 284 unit multi-family property.
FUR: 8.69 (-0.12), WSR: 14.97 (+0.02), GLPI: 34.30 (-0.13), BOXC: 22.00 (-0.53)
Public Storage Falls Short of Expectations: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Thu May 12, 8:12AM CDT
Last month, Public Storage (PSA) reported first-quarter 2016 funds from operations per share of $2.10, which fell short of the Zacks Consensus Estimate of $2.19.
DLR: 103.59 (-1.23), PSA: 241.32 (+0.32), PSB: 103.43 (-0.19), WSR: 14.97 (+0.02)
Vornado Refinances The Warner Building for $273 Million
Zacks Equity Research - Zacks Investment Research - Wed May 11, 7:52AM CDT
Vornado Realty Trust (VNO) has made the announcement of the completion of $273 million refinancing of Washington, DC-based office building, The Warner Building.
VNO: 96.99 (-1.94), WSR: 14.97 (+0.02), GLPI: 34.30 (-0.13), BOXC: 22.00 (-0.53)
Outfront Deploys App-Based Billboard through ON Smart Media
Zacks Equity Research - Zacks Investment Research - Tue May 10, 8:56AM CDT
Outfront Media Inc. (OUT) announced the launch of app-based billboard at 1500 Broadway in Times Square, NY.
OUT: 23.39 (-0.45), WSR: 14.97 (+0.02), GLPI: 34.30 (-0.13), BOXC: 22.00 (-0.53)