Real Estate Management & Development

ADA-ES, Inc. (NASDAQ: ADES) today announced that the Board of Directors has approved the promotion of Ms. Sharon Sjostrom from VP of Technology to the newly created Chief Technology Officer (CTO) position. Ms. Sjostrom joined the Company in 2003 when ADA acquired her company, EMC Engineering, LLC...

Host Hotels & Resorts Inc. (HST), the largest lodging real estate investment trust (REIT) in the U.S., has recently decided to acquire New York Helmsley Hotel for $313.5 million. The 775-room upscale hotel is strategically located in the heart of midtown Manhattan in close proximity to the...

Host Hotels & Resorts Inc. (HST), the largest lodging real estate investment trust (REIT) in the U.S., has recently decided to acquire New York Helmsley Hotel for $313.5 million. The 775-room upscale hotel is strategically located in the heart of midtown Manhattan in close proximity to the...

Gladstone Commercial Corporation (Nasdaq: GOOD) today announced that it has priced its public offering of 725,000 shares of its common stock at a price to the public of $18.35 per share. The offering was increased in size from the originally contemplated 675,000 shares of common stock. The Company...

Gladstone Commercial Corporation (Nasdaq: GOOD) today announced that it plans to sell 675,000 shares of its common stock in an underwritten public offering. The Company also plans to grant the underwriters a 30-day option to purchase up to 101,250 additional shares of common stock on the same...

Duke Realty Corp. (DRE), a real estate investment trust (REIT), reported fourth quarter 2010 FFO (fund from operations) of $73.9 million or 28 cents per share compared to $72.6 million or 33 cents in the year-ago quarter. Fund from operations, a widely used metric to gauge the performance of...

As a part of a startling development that could redefine the market dynamics, ProLogis (PLD), a leading global provider of distribution facilities, is reportedly in the final stages of negotiation regarding a possible merger with its rival AMB Property Corp. (AMB). Although both the companies...

Duke Realty Corp. (DRE), a real estate investment trust (REIT), reported fourth quarter 2010 FFO (fund from operations) of $73.9 million or 28 cents per share compared to $72.6 million or 33 cents in the year-ago quarter. Fund from operations, a widely used metric to gauge the performance of...

As a part of a startling development that could redefine the market dynamics, ProLogis (PLD), a leading global provider of distribution facilities, is reportedly in the final stages of negotiation regarding a possible merger with its rival AMB Property Corp. (AMB). Although both the companies...

Xerox Corporation (XRX) reported a profit of $417 million or 29 cents per share in the fourth quarter of 2010, barely exceeding the Zacks Consensus Estimate by a penny. The profit was higher than the year-ago level of 235 million or 26 cents per share. Revenues in the quarter surged 42% to $5....

Xerox Corporation (XRX) reported a profit of $417 million or 29 cents per share in the fourth quarter of 2010, barely exceeding the Zacks Consensus Estimate by a penny. The profit was higher than the year-ago level of 235 million or 26 cents per share. Revenues in the quarter surged 42% to $5....

Boston Properties Inc. (BXP), one of the leading real estate investment trusts (REITs), reported fourth quarter 2010 FFO (funds from operations) of $89.9 million or 64 cents per share, compared with $146.1 million or $1.04 per share in the year-earlier quarter. Fund from operations, a widely used...

Boston Properties Inc. (BXP), one of the leading real estate investment trusts (REITs), reported fourth quarter 2010 FFO (funds from operations) of $89.9 million or 64 cents per share, compared with $146.1 million or $1.04 per share in the year-earlier quarter. Fund from operations, a widely used...

Tejon Ranch Co. (NYSE: TRC) announces that Federal Court Judge Oliver Wanger of the Eastern District of California yesterday dismissed a lawsuit that claimed, among other things, that the U.S. Department of Interior had failed to recognize the legitimacy of the Kawaiisu Tribe of Tejon and its claim...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Body Central Acquisition Corp (BODY) CB Richard Ellis Group (CBG) China Green Agriculture (CGA) Cohen & Steers (CNS) Community Trust Bancorp (CTBI) View the entire Zacks #1 Rank List. CB RICHARD ELLS (CBG): Free Stock...