Real Estate Management & Development

Bloomberg reports that Brookfield Asset Management (NYSE: BAM) files $1B mixed securities shelf.

According to J.P. Morgan, Washington Real Estate Investment Trust (NYSE: WRE) reported 1Q FFO ex items that was a penny ahead of our estimate and two cents ahead of Bloomberg consensus. J.P. Morgan said that the beat relative to our estimate was largely driven by better performance in the office...

Washington REIT (NYSE: WRE) Reports EPS of $0.49 vs. $0.47 Estimate; Revenues $78.2M vs. $77.98M Estimate

Consolidated-Tomoka Land Co. (NYSE: CTO) declared a dividend of $0.01 per share payable on May 27, 2011 to shareholders of record on May 13, 2011. William J. Voges, Chairman of the Board, stated, “The Board remains committed to paying a dividend, and it has determined that based on the Company's...

J.P. Morgan is out with its report today on Jones Lang LaSalle (NYSE: JLL), maintaining Neutral. In a note to clients, J.P. Morgan writes, "While JLL is poised to see its EPS continue to benefit from an upswing in global commercial real estate fundamentals, we rate the shares Neutral as we believe...

FirstService Corp (NASDAQ: FSRV) Reports EPS of $0.14 vs. $0.25 Estimate; Revenues $478.4M vs. $445.3M Estimate

CB Richard Ellis (NYSE: CBG) reports Q1 EPS $0.13 vs. $0.12 Est.; Revenues $1.19B vs. $1.27B Est.

The Western Union Company (WU) -0.14%  is forecast to post earnings of 34 cents a share in the first quarter. Shares of Western Union Company are trading higher by +0.05% ahead of its quarterly earnings release. Western Union, the money transfer services company is expected to release its...

CB Richard Ellis Group (NYSE: CBG) is expected to announce its Q1 earnings results on Monday, April 26, after the markets close. Analysts are expecting earnings per share to be $0.12. This is a massive increase from last year's level of only $0.01. Analysts have upgraded their earnings per share...

Consolidated-Tomoka Land Co. (NYSE: CTO) today reported a net loss of $258,905, or $0.05 loss per basic share, and earnings before depreciation, amortization and deferred taxes (EBDDT) of $250,477, or $0.04 per share, for the quarter ended March 31, 2011. The comparable numbers for the first...

Real estate investment trusts are strong today, along with an overall higher equities market, and could be worth a short term look here, as it looks like REITs are breaking out here. Names like General Growth Properties (NYSE: GGP), Vornado Realty (NYSE: VNO), Simon Property (NYSE: SPG) and...

Brookfield Asset Management (NYSE: BAM) is a leading global asset management company with a focus on renewable power, infrastructure, and property. BAM owns property and other business venture around the world. They have been making investments around the globe with the intent of enhancing...

Real estate investment trusts are well off their earlier session highs, and this could be potentially troublesome if the market wants to keep advancing, before summer seasonality takes place, and volume tapers off. Names like iShares Dow Jones US Real Estate ETF (NYSE: IYR), General Growth...

Brookfield Asset Management Inc. (NYSE: BAM) today announced that it has received approval from the Toronto Stock Exchange ("TSX") for its proposed normal course issuer bid to purchase up to 50,000,000 Class A Limited Voting Shares ("Class A Shares"), representing approximately 9.2% of the public...

Brookfield Asset Management (NYSE: BAM) today announced that it has received approval from the Toronto Stock Exchange for its proposed normal course issuer bid to purchase up to 50,000,000 Class A Limited Voting Shares, representing approximately 9.2% of the public float of the company's...