Real Estate Management & Development

Vornado Realty Trust (VNO), a leading real estate investment trust (REIT), has recently announced its share of third quarter 2010 results of Toys ‘R' Us, a premier global retailer of dedicated toys and baby products. Vornado Realty's fourth quarter 2010 results will include a net loss of $30.7...

Vornado Realty Trust (VNO), a leading real estate investment trust (REIT), has recently announced its share of third quarter 2010 results of Toys ‘R' Us, a premier global retailer of dedicated toys and baby products. Vornado Realty's fourth quarter 2010 results will include a net loss of $30.7...

Washington Real Estate Investment Trust (NYSE: WRE) has completed the sale of The Ridges office building for $27.5 million. In a separate transaction, WRIT completed the sale of its Ammendale I and II and Amvax industrial buildings for $23.0 million.

Vornado Realty Trust (NYSE: VNO) announced today that it will record its 32.7% share of Toys “R” Us' third quarter financial results in its fourth quarter ending December 31, 2010. Vornado's results will include a net loss of $30,685,000, or $0.15 per diluted share, compared to a net loss of $26,...

MIM common stock hit two year high today. MI Developments Inc. (NYSE: MIM) announced that its Board of Directors has received a reorganization proposal providing for the elimination of MID's dual class share structure. The proposal has been made by holders of its Class A Subordinate Voting Shares...

Duke Realty Corp. (DRE), a real estate investment trust (REIT), has recently completed transactions worth $967 million to reposition its portfolio. The deal was part of the long-term strategy of the company to restructure its asset base from a primarily suburban office portfolio to a...

Duke Realty Corp. (DRE), a real estate investment trust (REIT), has recently completed transactions worth $967 million to reposition its portfolio. The deal was part of the long-term strategy of the company to restructure its asset base from a primarily suburban office portfolio to a...

Bruce Berkowitz of Fairhome Fund (FAIRX) wins again.  His overweight of AIG (AIG) is another winner ... the stock is up some 50% in 3 months.  (then again, what isn't in the teflon market?) ;) From last week: Treasury, which invested more than $49 billion to prop up AIG, plans to convert its...

China Housing & Land Development, Inc. (Nasdaq: CHLN) today announced that the Company has signed an agreement detailing investment plans with the Xi'an's Baqiao district government to acquire land use rights to a 107 acre tract of land within its 487 acre Baqiao development project for the...

Vornado Realty Trust(VNO), a leading real estate investment trust (REIT), has recently acquired a mortgage loan collateralized by the Springfield Mall in Fairfax County, Virginia. The company paid $115 million for the mortgage loan, which had an outstanding balance of $171.5 million.   Spanning...

Vornado Realty Trust(VNO), a leading real estate investment trust (REIT), has recently acquired a mortgage loan collateralized by the Springfield Mall in Fairfax County, Virginia. The company paid $115 million for the mortgage loan, which had an outstanding balance of $171.5 million.   Spanning...

Cusick's Corner The market has been full of headlines but nothing that hasn't already been priced into the market. The market is in a tight consolidation and there are fewer jumping into this market at this stage. While this is more of a short-term neutral sentiment, it highlights that equities are...

The St. Joe Company (NYSE: JOE) continues to climb higher, gaining more than 7% today. Rumors are coming out that the company could potentially be a takeover target, and some have speculated that other potential real estate development companies could be looking at the company. The company recently...

Gladstone Commercial Corporation (Nasdaq: GOOD) reported today that on Wednesday, December 15, 2010, it closed on a 487,121 square foot office/industrial building in Orange City, Iowa for $12.3 million. The property is leased to Staples Contract & Commercial, Inc., the commercial delivery and...

J.P. Morgan is initiating coverage on Cousins Properties Incorporated (NYSE: CUZ) with a Neutral rating.