UK real estate back in vogue for lenders

Feb 25 (Reuters) – PSP SWISS PROPERTY AG: * PROPOSAL FOR AN INCREASED DIVIDEND OF CHF 3.60 PER SHARE * WITH CHF 256.1 MILLION, FY EBITDA EXCLUDING GAINS/LOSSES ON REAL ESTATE INVESTMENTS IS IN LINE WITH EXPECTATIONS OF COMPANY * FY NET INCOME EXCLUDING GAINS/LOSSES ON REAL ESTATE INVESTMENTS AMOUNTEDContinue Reading

Katten Finance Attorneys Chosen for Diverse Talent...

“Sheehan and John have distinguished themselves as rising attorneys early in their careers and the Pathfinder program is a great opportunity for them to learn from leaders in the legal profession,” said Katten Chief Diversity Partner Leslie D. Minier. “Katten’s participation in this valuable program affirms our commitment to nurturingContinue Reading

US Real Estate Getting Hot

Top Financial Stocks JPM -2.84% BAC -4.87% WFC -2.60% C -4.70% USB -2.18% Financial stocks were declining in afternoon trading, with the NYSE Financial Index dropping 3.4% while the shares of financial companies in the S&P 500 were falling 3.3%. The Philadelphia Housing Index was posting a 2.0% retreat. AmongContinue Reading

Coover joins Ice Miller's real estate practice

Ice Miller announced Phillip Coover has joined the law firm as a partner in its real estate practice. Coover helps clients find strategic solutions and maximize the value of their real property. Founder and host of the popular “Real Estate for Breakfast” podcast, he interviews brokers, founders, owners, developers, financiersContinue Reading

LITTLE ROCK, AR , Feb. 24, 2020 /CNW/ – John S. Bailey and Patricia S. Bailey announced today that they have reorganized the ownership of certain trust units (“Trust Units“) of BSR Real Estate Investment Trust (the “REIT“) and class B units (“Class B Units“) of BSR Trust, LLC previouslyContinue Reading

Simon Property: 4Q Earnings Snapshot

ORLANDO, Fla. (AP) _ Xenia Hotels & Resorts Inc. (XHR) on Monday reported a key measure of profitability in its fourth quarter. The results exceeded Wall Street expectations. The Orlando, Florida-based real estate investment trust said it had funds from operations of $65.7 million, or 58 cents per share, inContinue Reading

Fahad Al Tamimi

Class-A Parc NorthEast is a 434,640-square-foot four-building industrial development. RICHARDSON, TX—In response to a speculative industrial void that languished for some two decades, approximately 124,537 square feet of combined industrial space has been leased at class-A Parc NorthEast, a 434,640-square-foot four-building industrial development, according to Jackson-Shaw. The development is specificallyContinue Reading

1107 Shepherd Drive

The 126,500-square-foot mixed-use multifamily project is located on 1.38 acres at 1107 Shepherd Dr. HOUSTON—Houston’s ever-diversifying economic engine continues to hum along, precipitating the need for more multifamily housing. In response, Hunington Properties is moving forward on the development of a 126,500-square-foot mixed-use multifamily project located on 1.38 acres atContinue Reading

Apollo Commercial Real Estate Finance, Inc. Announces 2019...

Chimera Investment Corp (NYSE:CIM)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Chimera Investment Corp is a real estate investment trust that invests in a portfolio of mortgage assets. Its investments include various government-sponsored agency such as residential mortgage-backed securities and commercialContinue Reading

Retail Opportunity Investments logo

American International Group Inc. lessened its holdings in Retail Opportunity Investments Corp (NASDAQ:ROIC) by 1.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 82,687 shares of the real estate investment trust’s stock after selling 1,008 shares during the quarter. American International Group Inc.’s holdings in Retail Opportunity InvestmentsContinue Reading