Real Estate Management & Development

Cohen and Steers (NYSE: CNS) increases their stake in Liberty Property (NYSE: LRY) to 10%.

Gladstone Commercial Corporation (Nasdaq: GOOD) reported today that on Monday, April 4, 2011, it purchased a 60,000 square foot office building in Hickory, North Carolina for $10.7 million. The property was built-to-suit for the current tenant in 2008, who has nine years remaining on the lease....

According to Piper Jaffray, Allscripts (NASDAQ: MDRX) announced that John Gomez (CTO) will leave the company effective May 31st but will remain as a consultant for 18 months. Piper Jaffray reported that it believes that John is the key executive to drive MDRX-ECLP technology/product integration...

Analysts at Raymond James downgrade FirstService Corporation (NASDAQ: FSRV) from “outperform” to “market perform.” FSRV shares lost 0.96% to close at $39.34 yesterday. More Analyst Ratings here

Gramercy Capital Corp. (NYSE: GKK) today announced that the Company received, as expected, a notice from the NYSE indicating that Gramercy Capital Corp. is not in compliance with the NYSE listed company manual Section 802.01E due to a delay in the filing of the Company's annual report on Form 10-K...

Gramercy Capital Corp. (NYSE: GKK) today announced that the Company received, as expected, a notice from the NYSE indicating that Gramercy Capital Corp. is not in compliance with the NYSE listed company manual Section 802.01E due to a delay in the filing of the Company's annual report on Form 10-K...

Real estate investment trusts like General Growth Properties (NYSE: GGP), Simon Property Groups (NYSE: SPG) and Vornado Realty Trust (NYSE: VNO) are well off their highs of the session. This is interesting trend, considering we haven't seen much in the way of outperformance in these names, and...

Shares of CB Richard Ellis Group (NYSE: CBG) are higher on the session by 4.64%, currently trading at $27.94. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today...

The St. Joe Company (NYSE: JOE) announced today that it has completed the sale of a 40,975 acre timber deed to an investment fund managed by Resource Management Service (“RMS”) for a price of $55.9 million. Under the terms of the timber deed, RMS has the right to harvest or sell the standing...

KBW has issued a report on Caplease Inc's (NYSE: LSE) share offering announcement. According to the report, "LSE announced a 10M share offering (with an additional 1.5M share option) for expected net proceeds of roughly $62M (assuming shoe is exercised). LSE has returned to a more offensive...

Winthrop Realty Trust (NYSE: FUR) today announced that it has commenced an offering of 5,000,000 common shares of beneficial interest in a registered public offering. Winthrop's management and its affiliates have agreed to purchase in the offering 200,000 common shares at the same price as will be...

Winthrop Realty Trust (NYSE: FUR) today announced that it has commenced an offering of 5,000,000 common shares of beneficial interest in a registered public offering. Winthrop's management and its affiliates have agreed to purchase in the offering 200,000 common shares at the same price as will...

Global commercial real estate firm Jones Lang LaSalle (NYSE: JLL) today announced the formation of Jones Lang LaSalle South Africa following the acquisition of one of the country's leading corporate property service providers, Bradford McCormack & Associates for an undisclosed amount.

American Spectrum Realty, Inc. (NYSE: AQQ) announced today its results for year ended December 31, 2010. Rental revenue for the year ended 2010 increased by $18.6 million, or 56% in comparison to the year ended December 31, 2009. The Company's net loss attributable to common stockholders for the...

MI Developments Inc. (NYSE: MIM) announced today that the Ontario Superior Court of Justice has issued a final order approving the previously announced reorganization proposal to eliminate MID's dual class share structure. The decision of the Court followed a hearing held today. The Court found...