Real Estate Management & Development

Direxion Daily 30 Year Treasury Bear 3X Shares (NYSE: TMV) led the gainers among the ETFs today, with an increase of 6.04%. TMV closed at $37.02, and had a volume of 651K shares. ProShares UltraShort 20+ Year Treasury (ETF) (NYSE: TBT) gained 3.89%, and closed at $33.14. This is the second trading...

According to a report published by CB Richard Ellis Group Inc. (CBG), the largest multinational commercial real estate firm (on the basis of 2009 revenue), growth in commercial real estate (CRE) prices in the U.K. dipped for the fifth consecutive month in August as investors remained wary of...

In a Form 4 filed after the bell today, Vornado Reality Trust (NYSE: VNO) Divisional Officer, Sandeep Mathrani, reported that he sold 5,000 shares of VNO on September 7th for an average price of $86.33. The transaction totaled $431,653. Mr. Mathrani owns 5,000 direct shares of VNO. Source: The...

In a Form 4 filed after the bell today, Vornado Reality Trust (NYSE: VNO) Divisional Officer, Mitchell Schear, reported that he sold 12,000 shares of VNO on September 3rd for an average price of $86.70. The transaction totaled $1,040,400. Mr. Schear owns 30,211 direct shares of VNO. Source: The...

STOCKS ON THE MOVE (BHI),(NGG),(AIZ),(BAM) all look good technically..

BioClinica™, Inc. (NASDAQ: BIOC) today announced the appointment of Garry D. Johnson as Senior Vice President and Chief Technology Officer (CTO), a newly created position. Mr. Johnson comes to BioClinica with more than 15 years’ experience leading international technology organizations through the...

Grubb & Ellis Company (NYSE: GBE) announced today that its board of directors has declared a dividend of $3.00 per share on the company's 12% Cumulative Participating Perpetual Convertible Preferred Stock to stockholders of record as of September 17, 2010. The dividend is for the quarterly...

Vornado Realty Trust (VNO), a leading real estate investment trust (REIT), recently announced a debt buyback offer totaling $404.5 million due 2026 and 2027. The company would fund the debt buyback with cash from its operating partnership. The offer included about $382.1 million 3.63% convertible...

Grubb & Ellis Company (NYSE: GBE) today announced that it has established a strategic alliance with Kettler Inc., one of the Mid-Atlantic's largest real estate and property management firms, to provide residential property management services nationwide. The alliance, which will operate as...

Analysts at Keefe Bruyette downgrade Vornado Realty Trust (NYSE: VNO) from "outperform" to "market perform." The target price for VNO is set to $88. VNO’s shares gained 1.47% to close at $87.41 on Friday. More Analyst Ratings here

In a Form 4 filed after the bell today, Vornado Realty Trust. (NYSE: VNO) Director, Russell Wight Jr., reported that he sold 70,000 shares of VNO on September 1st-3rd for an average price of $85.17. The transaction totaled $5,961,753. Mr. Wight owns 732,824 direct shares and 5,633,618 indirect...

In a Form 4 filed after the bell today, Vornado Realty Trust (NYSE: VNO) Divisional Officer, Sandeep Mathrani, reported that he sold 18,809 shares of VNO on September 1st-2nd for an average price of $83.91. The transaction totaled $1,578,216. Mr. Mathrani owns 10,000 direct shares of EEP. Source:...

Investors Real Estate Trust (Nasdaq: IRET) (Nasdaq: IRETP) announced today that its Board of Trustees has declared a regular quarterly distribution of 17.15 cents per share/unit payable on October 1, 2010 to common shareholders and unitholders of record at the close of business on September 15,...

Recently, Jacobs Engineering Group Inc. (JEC) has received a second engineering contract from IOT Infrastructure & Energy Services Ltd. (IOT) (formerly Indian Oiltanking). Earlier it was for the Delayed Coker Unit (DCU) project to be erected at Indian Oil Corporation Ltd.'s (IOCL) Guwahati...

Vornado Realty Trust (NYSE: VNO) announced today that it has commenced cash tender offers for any and all of its $382,046,000 principal amount of outstanding 3.625% Convertible Senior Debentures due 2026 and its $22,479,000 principal amount of outstanding 2.85% Convertible Senior Debentures. Upon...