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Redwood Trust Gains 2%, CEO Bought 20,000 Shares
Wednesday, March 2, 2016 - 12:44pm | 115Read More...Shares of Redwood Trust, Inc. (NYSE: RWT), a real estate investment trust company that focuses on mortgages and other real estate-related assets, rose more than 2 percent on Wednesday after the company's CEO Martin Hughes disclosed an insider stock purchase. Hughes disclosed that he acquired 20,000...
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Javelin Mortgage Investment Spikes 17% Following Acquisition Announcement
Wednesday, March 2, 2016 - 10:44am | 296Read More...Shares of Javelin Mortgage Investment Corp (NYSE: JMI) surged higher by more than 17 percent on Wednesday after the company announced it has agreed to sell itself to ARMOUR Residential REIT, Inc. (NYSE: ARR). Javelin is a real estate investment trust company that invests primarily in fixed rate and...
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JCPenney Announces Two Additions To Board Of Directors: Who Are They?
Tuesday, March 1, 2016 - 9:21am | 248Read More...J C Penney Company Inc (NYSE: JCP) announced after Monday's market close that its Board of Directors appointed 2 new members. Lisa Payne, vice chairman of Taubman Centers, Inc. (NYSE: TCO) and J Paul Raines, CEO of GameStop Corp. (NYSE: GME) will join the company's board and bring their respective...
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Activist Investor Says Ashford Trust Is 'Facing A Potentially Crippling Identity Crisis,' Urges Company To Explore Strategic Alternatives
Monday, February 29, 2016 - 12:38pm | 259Read More...Shares of Ashford Hospitality Trust, Inc. (NYSE: AHT) were trading higher by more than 2 percent on Monday after Rambleside Holdings, a shareholder and investment activist firm that specializes in real estate assets, delivered a letter to the company's board of directors. Rambleside Holdings noted...
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More Mortgage REIT Consolidation Is On The Table
Monday, February 29, 2016 - 12:06pm | 308Read More...Following last week’s announced deal between Apollo Commercial Real Est. Finance Inc (NYSE: ARI) and Apollo Residential Mortgage Inc (NYSE: AMTG), FBR & Co analyst Daniel Atscher released a new report discussing the potential for further consolidation within the mortgage REIT space....
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Rouse Properties To Be Acquired By An Affiliate Of Brookfield Asset Management For $18.25 Per Share
Thursday, February 25, 2016 - 2:12pm | 310Read More...Rouse Properties Inc (NYSE: RSE), a real estate investment trust company that focuses on regional malls, announced on Thursday it has agreed to sell itself to an affiliate of Brookfield Asset Management Inc (NYSE: BAM) for $18.25 per share. Rouse Properties' stock closed for trading at $17....
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Brixmor Property Group Loses 20% After CEO, CFO & Other Executives Resign Following Audit Committee Review
Monday, February 8, 2016 - 11:30am | 408Read More...Shares of Brixmor Property Group Inc (NYSE: BRX) plunged more than 20 percent on Monday after the company announced that its CEO Michael Carroll, President and CFO Michael Pappagallo, Chief Accounting Officer Steven Splain, and an un-named accounting employee have all resigned from the company...
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General Growth Properties Falls Following Report It's Not Being Acquired
Friday, February 5, 2016 - 3:10pm | 162Read More...According to a report by The Real Deal, a New York focused real estate news organization, Brookfield Property Partners LP (NYSE: BPY)'s executives "threw cold water on a rumor" that the company is eyeing an acquisition of General Growth Properties Inc (NYSE: GGP). Shares of...
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Ashford Hospitality's CEO Responds To Lawsuit, Notes It's 'Another Distracting Tactic By One Shareholder'
Thursday, February 4, 2016 - 12:13pm | 398Read More...Shares of Ashford Hospitality Prime Inc (NYSE: AHP) were trading higher by more than 2 percent on Thursday despite the company being on the receiving end of a lawsuit. Sessa Capital, an activist investor and 8.2 percent owner of Ashford Hospitality released an open letter on Tuesday. The fund...
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Here's Why Shares Of FelCor Lodging Trust Surged On Thursday
Thursday, January 28, 2016 - 2:57pm | 326Read More...Shares of FelCor Lodging Trust Incorporated (NYSE: FCH), a real estate investment trust entity that owns a portfolio of upper-upscale and luxury hotels and resorts, surged higher by more than 7 percent on Thursday after an activist investor detailed a plan that could unlock significant...
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Independent Proxy Advisory Firm Recommends Plum Creek Shareholders Approve A Pending Merger With Weyerhaeuser Company
Monday, January 25, 2016 - 9:55am | 209Read More...Weyerhauser Co (NYSE: WY), a real estate investment trust company that is an owner of timberlands, entered into an agreement to acquire Plum Creek Timber Co. Inc. (NYSE: PCL), a peer timberland owner, back in November of last year. On Friday, Plum Creek Timber announced that Institutional...
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Sovran Self Storage Lower Following Announcement Of Stock Offering
Wednesday, January 20, 2016 - 1:03pm | 103Read More...Shares of Sovran Self Storage Inc (NYSE: SSS) were trading lower by nearly 4 percent at $105.50 late Wednesday morning after the company announced a public offering of 2.3 million shares of its common stock at $105.75 per share. Shares of Sovran Self Storage closed at $109.79 on Tuesday....
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Crown Castle Proposed $5.5 Billion Senior Unsecured Credit Facility
Tuesday, January 12, 2016 - 1:36pm | 137Read More...Shares of Crown Castle International Corp (NYSE: CCI), a real estate investment trust company, were trading slightly higher by 0.1 percent at $83.77 early Tuesday afternoon. Crown Castle announced after Monday's market close that it has received a commitment from a group of lenders for a...
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Education Realty Trust Announces New Joint Venture Developments As Part Of Nationwide Expansion Of Footprint
Friday, January 8, 2016 - 10:08am | 194Read More...Education Realty Trust, Inc. (NYSE: EDR), an REIT that focuses on collegiate housing communities near university campuses, on Thursday announced two new joint venture developments that are scheduled for 2017. Education Realty Trust stated that it entered into a joint-venture agreement...
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One Of 2015's Largest Self-Storage Transactions Just Closed: What REIT Investors Should Know
Tuesday, January 5, 2016 - 4:17pm | 425Read More...One of 2015's largest sales in the self-storage property market has its roots in Michigan. Located in Farmington Hills outside of Detroit, Storage Pros Management LLC recently completed the sale of $242.5 million worth of properties to a joint venture led by a major institutional investment...



