Real Estate Management & Development

The St. Joe Company (NYSE: JOE) announced today that it has entered into a new pulpwood supply agreement with Smurfit-Stone Container Corporation. Under the agreement, which is effective immediately, St. Joe will sell 3.9 million tons of pulpwood to Smurfit-Stone's pulp and paper mill in Panama...

CB Richard Ellis Group Inc. (CBG), the world's largest commercial real estate services firm (on the basis of 2009 revenues), was recently selected by NYSE Euronext Inc. (NYX) to provide real estate transaction and facilities management services for its entire portfolio in the U.S. and Europe....

According to a report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), global office property prices will increase the most in Moscow as investors vie for premium assets. The report anticipates that office properties in Moscow will increase by...

CB Richard Ellis Group Inc. (CBG), the world's largest commercial real estate services firm (on the basis of 2009 revenues), was recently selected by NYSE Euronext Inc. (NYX) to provide real estate transaction and facilities management services for its entire portfolio in the U.S. and Europe....

According to a report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), global office property prices will increase the most in Moscow as investors vie for premium assets. The report anticipates that office properties in Moscow will increase by...

CB Richard Ellis Group, Inc. (NYSE: CBG) continues to have good success in its outsourcing business. J.P. Morgan reports. “The company noted that the outsourcing model continues to gain acceptance among various companies, particularly in light of the cost savings that CBG pointed to – management...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Abraxas Petroleum Corp (AXAS) Amer Reprographics Co (ARP) Barclays PLC (BCS) Brookfield Asset Mgmt Inc (BAM) Companhia Siderurgica Nacional ADR (SID) View the entire Zacks #5 Rank List. AMER REPROGRAPH (ARP): Free Stock...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Abraxas Petroleum Corp (AXAS) Amer Reprographics Co (ARP) Barclays PLC (BCS) Brookfield Asset Mgmt Inc (BAM) Companhia Siderurgica Nacional ADR (SID) View the entire Zacks #5 Rank List. AMER REPROGRAPH (ARP): Free Stock...

Xinyuan Real Estate Co., Ltd. (NYSE: XIN) today announced that it will hold its 2010 annual general meeting of shareholders at the Company's offices on December 17, 2010 at 3:00 p.m. Beijing/Hong Kong time (2:00 a.m. on December 17, 2010 U.S. Eastern Standard Time). The shareholder record date is...

Income Opportunity Realty Investors, Inc. (AMEX: IOT), a Dallas-based real estate investment company, today reported results of operations for the third quarter ended September 30, 2010. IOT announced today that the Company reported a net income applicable to common shares of $112,000 or $0.03 per...

Shares of Vornado Realty Trust (NYSE: VNO) are lower on the session by 0.36%, currently trading at $83.25. The stock has been moving largely higher over the past six months, but recently encountered selling pressure and is currently trading below the 50-day moving average. Options traders are...

If, after reading the blog content you might have an interest in participation for the mutual fund, please consider reading why this blog exists. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked Questions] Our story in Barron's [A New Kind of Fund Manager] [November...

Vornado Realty Trust (VNO), a leading real estate investment trust (REIT), reported recurring funds from operations (FFO) of $1.22 per share for  fiscal 2010 third quarter, which exceeded the Zacks Consensus Estimate by 2 cents. Fund from operations, a widely used metric to gauge the performance...

CB Richard Ellis Group, Inc. (NYSE: CBG) today announced that it has completed the refinancing of its credit agreement. As part of its refinancing, CB Richard Ellis: repaid approximately $460 million of existing debt with cash; refinanced $650 million of existing term loans; established a new...

Tejon Ranch Co. (NYSE: TRC) today announced that President and CEO, Robert A. Stine, citing professional financial and tax planning advice, has established a written sale and repurchase program under SEC Rule 10b5-1. Under this program, Mr. Stine intends to sell up to 64,000 shares of stock, and...