Real Estate Management & Development

Gyrodyne Company of America, Inc. (NASDAQ: GYRO) announced today that it filed a registration statement on Form S-3 with the Securities and Exchange Commission for a rights offering in which shareholders will receive non-transferable rights to purchase additional shares of Gyrodyne common stock,...

Federal Reserve Chairman Ben Bernanke is speaking in front of Congress, and the prepared remarks basically said that QE3 is going to happen if the economy continues to worsen. Make no mistake readers, it does not look like the economy is going to get better anytime soon, and that a third round of...

First Trust Consumer Staples AlphaDEX (NYSE: FXG) is up more than 20% year to date. The investment seeks results that correspond generally to the price and yield of an equity index called the StrataQuant Consumer Staples Index. Top holdings include Green Mountain Coffee Roasters (NASDAQ: GMCR),...

Liberty Property Trust, (NYSE: LRY), today announced that it completed the purchase of two buildings at Centerpoint Intermodal Center in Elwood, Illinois on Friday, July 1. Liberty's total investment is approximately $60 million.

Commercial Real Estate Week in Review for the week of July 2nd to July 8th - The Dodd-Frank Act Could Put a Snag in Plans for U.S. Capital Rules - Ascendas Group Considers New REIT - British REITs Are Attracting Investors - Camden Property Trust Acquires Texas Apartment Portfolio $261 Million -...

The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...

American Spectrum Realty, Inc. (NYSE: AQQ) announced today the sale of 7700 Irvine Center Drive and the settlement of its lawsuit with ACE American Insurance Company. 7700 Irvine Center, a 209,343 square foot office building, located in Irvine California, was sold on June 28, 2011 for $56.5...

Pursuant to previously announced strategic initiatives, Forestar Group Inc. (NYSE: FOR) today announced that it entered into a definitive agreement with Plum Creek Timber Company, Inc. to sell approximately 50,000 acres of timberland for approximately $75 million in a cash transaction. The...

Washington Real Estate Investment Trust (NYSE: WRE) has replaced and expanded one of its two unsecured credit facilities, increasing its size from $262 million to $400 million. An accordion feature allows WRIT to increase the facility to $600 million, subject to additional lender commitments. The...

The SEC has started a formal investigation of St. Joe (NYSE: JOE) and Fairholme Capital, the company's largest shareholder. Bruce Berkowitz, the founder of Fairholme, is also the Chairman of St. Joe which is the largest landowner in the state of Florida. In a public filing, the company said that...

The St. Joe Company (NYSE: JOE) is plunging today, down more than 7% after the company disclosed that the SEC has started a formal investigation of the company, as well as chairman Bruce Berkowitz's Fairholme Capital. The SEC is looking into whether the company on a variety of issues. The issues...

One metric that value investors look at is the amount of cash per share, in other words, dividing all the cash that the company has in the bank divided by all the outstanding shares. Then if you compare that cash per share to the stocks price, and if the cash exceeds the stock price, then you might...

One metric that value investors look at is the amount of cash per share, in other words, dividing all the cash that the company has in the bank divided by all the outstanding shares. Then if you compare that cash per share to the stocks price, and if the cash exceeds the stock price, then you might...

ZipRealty (NASDAQ: ZIPR) announced today that the Company is discontinuing the commission rebate program offered to buyers who close a transaction using a ZipRealty real estate agent. This announcement continues a series of strategic changes the Company has made over the past several months to...

The Stronach Group today announced that it has acquired the racing and gaming assets formerly held by MI Developments Inc. (NYSE: MIM) as part of a previously announced reorganization proposal approved by MID shareholders on March 29, 2011. The racing and gaming assets acquired by The Stronach...