Residential REIT's

iShares MSCI All Peru Capped Index Fund (NYSE: EPU) broke its two-day losing streak on Tuesday. EPU gained 4.10%, and it closed at $39.07. Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) jumped 3.43%, and closed at $72.28. In the real estate space, Essex Property Trust, Inc. (NYSE: ESS)...

According to ESPN, Apollo Global Management (NASDAQ: APO) Director Joshua Harris is negotiating to buy a basketball team, Philadelphia 76ers. The team is currently owned by Comcast-Spectacor.

Camden Property Trust (NYSE: CPT) today announced that it has repaid its $500 million term loan using the net proceeds from an offering of $500 million of senior unsecured notes and cash on hand. In connection with the repayment, Camden has dedesignated an interest rate swap associated with the...

Camden Property Trust (NYSE: CPT) today announced that it has repaid its $500 million term loan using the net proceeds from an offering of $500 million of senior unsecured notes and cash on hand. In connection with the repayment, Camden has dedesignated an interest rate swap associated with the...

Bank of America Merrill Lynch is out with its report today on Equity LifeStyle Properties (NYSE: ELS), raising its PO from $63 to $67. In a note to clients, Bank of America Merrill Lynch writes, "ELS announced plans to acquire a $1.3B portfolio of 76 communities and $170M of manufactured homes and...

According to Keefe, Bruyette & Woods, Equity Lifestyle Properties (NYSE: ELS) recently sold 6.1M shares, incl greenshoe. Keefe, Bruyette & Woods said that shares priced at $59.50, grossing ~$359M, at implied nom. cap rate of ~6.7%, or ~6.2% on implied econ. basis. “Proceeds will help fund...

Bank of America has raised the price objective on Equity LifeStyle Properties (NYSE: ELS) from $63 to $67 and maintains its Buy rating.

MAA (NYSE: MAA) announced today that it has entered the Richmond, Virginia market and completed the acquisition of The Hamptons at Hunton Park, a 300-unit upscale apartment community. The Hamptons at Hunton Park, which was developed in 2003, features spacious units averaging 1,032 square feet in...

Shares of AvalonBay Communities (NYSE: AVB) are higher on the session by 0.27%, trading at $130.07. Overall call volume is now running at 2.99x the daily average, with 11% of all calls traded being purchases on the offer. 4,827 contracts have traded on the session so far. AvalonBay Communities,...

Over the past six months, Apartment Investment & Management Co. (NYSE: AIV) has placed $674 million of “new 10-year secured loans; proceeds were used to pay off existing secured debt (average remaining term = 2.6 years),” Morgan Keegan reports. “The loans are expected to be sold in a...

Post Properties, Inc. (NYSE: PPS) today announced the commencement of development of Post Lake® at Baldwin Park, Phase III, consisting of 410 apartment units and located in Orlando, FL, and Post Parkside™ at Wade, Phase I, consisting of 392 apartment units and 18,148 square feet of retail space and...

Tonight's Notable News Events: Equity Lifestyles Properties (ELS) PM Trading is contra , very strong close - has a deal pricing tonight - trending in this market down 280 points Vera Bradley (VRA) Beats on eps - guides ok - Not enough - trades off (ESL) complicated -lite on revs - better on EPS (...

Post Properties, Inc. (NYSE: PPS), announced today that Donald C. Wood, age 50, President and CEO of Federal Realty Trust (NYSE: FRT), has been appointed to the Company's Board of Directors.

National.Restaurant Association -- "Buoyed by positive same-store sales and solid optimismamong restaurant operators for continued growth, the outlook for the restaurant industry remained positive in April. The National Restaurant Association's Restaurant Performance Index (RPI) – a monthly...

Equity LifeStyle Properties, Inc. (NYSE: ELS) today announced that it has commenced an underwritten public offering of 5,250,000 shares of common stock. Goldman, Sachs & Co. is acting as lead book-running manager of the public offering. The Company expects to grant the underwriters a 30-day...