Real Estate Management & Development

Blowing bubbles is great fun for the young, and young at heart. There is something magical about watching a perfect bubble float off a wand and carelessly meander through the air like a mystical orb. You can lose yourself in that bubble, you can get lost in its beauty, but the magic only lasts for...

Brookfield Office Properties (NYSE: BPO) today announced the sale of the office tower at 1400 Smith Street in Houston to Chevron, 1400 Smith's full-building tenant, and a 311,000-square-foot lease renewal with Chevron for seven years at neighboring Continental Center I (1600 Smith Street). The sale...

Vornado Realty Trust (NYSE: VNO) announced today that it will record its 32.7% share of Toys “R” Us' first quarter financial results in its second quarter ending June 30, 2011. Vornado's results will include a net loss of $22,846,000, or $0.11 per diluted share, compared to a net loss of $21,004,...

ProShares UltraShort Silver (ETF) (NYSE: ZSL) gained 6.51% today as silver futures struggled. ZSL closed at $18.50. and it had a volume of 14.35M traded shares. Direxion Daily Real Estate Bear 3X (ETF) (NYSE: DRV) jumped 6.01%, and closed at $13.22. In the real estate space, Boston Properties, Inc...

Compass Point Research reiterated its One Liberty Properties (NYSE: OLP) Buy rating and $18 price target in a research report published today. In the report, Compass Point Research states, "After two days of meetings with management and investors in New York and Washington, DC, our conviction...

According to Keefe, Bruyette & Woods, St. Joe Company (NYSE: JOE) Outperform rating is reiterated. Keefe, Bruyette & Woods said that it is reiterating its Outperform after a 2Q sell-off has brought shares back just below December lows. “The shares are, in our view, at just above all-timber...

The S&P 500 traded in positive territory for most of session on Wednesday, but sellers came in around 2:25pm, as the index neared its intraday high of 1298.61. The S&P proceeded to drop 11.47 points to close at 1287.14 – down 8.38 on the day. The Sector Breakdown for Wednesday's session...

Gladstone Commercial Corporation (NASDAQ: GOOD) reported today that it purchased a 78,421 square foot office building in Springfield, Missouri for $15.9 million. The Company assumed an $11.6 million mortgage as part of the transaction. The property was built-to-suit in 2006 for T-Mobile Central,...

CB Richard Ellis Group, Inc. (NYSE: CBG) today announced that it has been selected by PRUPIM, a leading global real estate investment management firm, to provide property management and accounting services for its approximately 45 million sq. ft. U.K. property portfolio. The agreement represents...

E-House (China) Holdings Limited (NYSE: EJ) announced today that Mr. Xin Zhou, a major shareholder and executive chairman of the Company, intends to use his personal funds to purchase up to an aggregate of US$10 million of E-House's American depositary shares in open market transactions within the...

Below are the top small-cap real estate development stocks on the NYSE and the NASDAQ in terms of earnings per share. The trailing-twelve-month earnings per share at Maui Land & Pineapple Company Inc (NYSE: MLP) is $2.65. MLP's profit margin for the same period is 97.79%. The trailing-twelve-...

Brookfield Office Properties (NYSE: BPO) today unveiled plans for a $250 million retail redevelopment of the World Financial Center in Lower Manhattan. The broad-scope changes expand the retail offerings and include high-end fashion, a European-style marketplace, and waterfront dining. In addition...

The following stocks hit new 52-week highs in Wednesday's trading session 1) Ulta Salon, Cosmetics & Fragrances (NASDAQ: ULTA): Shares of Ulta hit a 52-week high of $59.40 in Wednesday's trading session. The stock closed at $57.03. The year-to-date performance of Ulta has been a gain of 67.7...

Washington Real Estate Investment Trust (NYSE: WRE) has entered into a joint venture with Crimson Partners to develop a six-story, 150 unit mid-rise apartment community in Arlington, Virginia. The joint venture recently purchased the proposed development site, which is approximately 37,000 square...

The Financial Sector is the weakest area of today's market, currently down 2% on the session. The weakest stocks currently in the S&P Financial Sector are: 1) Hartford Financial Services (NYSE: HIG): Shares of Hartford Financial Services are currently trading down 4.8% from yesterday's close...