Residential REIT's

UMH Properties (NYSE: UMH) announced today that it has entered into a definitive agreement to acquire 3 manufactured home communities located in Tennessee. The aggregate purchase price to be paid by UMH in this transaction is approximately $13.3 million. The transaction is expected to be completed...

According to Benchmark, Associated Estates Realty (NYSE: AEC) 2012 estimates are up. Benchmark reported that it recently had the opportunity to spend time on the road with AEC senior management. “The main take-aways include: possible stagflation protection of AEC portfolio; rents surprising to the...

BRE Properties, Inc. (NYSE: BRE), a real estate investment trust that owns apartment communities located primarily in major metropolitan markets in Southern and Northern California and Seattle, today announced the acquisition of land for future development in San Francisco's Mission Bay district...

Lost in the tragedy that is the U.S. housing market (ex Washington D.C. and Manhattan) is a potential boom time in the rental market.   With modest building of new units, and a flood of new renters (many of which were home owners over the past 5 years), we do seem to have the perfect storm brewing...

Jefferies is out with its report today on Associated Estates Realty (NYSE: AEC), maintaining Buy. In a note to clients, Jefferies writes, "Post the Jefferies & Co hosted AEC non-deal roadshow on 04/06, we continue to believe that AEC represents the best value play in the Apartment REIT...

Eugene W. Landy, Chairman of the Board of UMH Properties (NYSE: UMH) announced that, on April 6, 2011, the Board of Directors declared a quarterly cash dividend of $0.18 per share payable June 15, 2011 to shareholders of record at the close of business May 16, 2011. The Company's annual dividend...

J.P. Morgan is out with its report on UDR (NYSE: UDR), maintaining Overweight. In a note to clients, J.P. Morgan writes, "We maintain our Overweight stance on UDR. We continue to like the multifamily REITs given unprecedented underlying fundamentals (limited new supply combined with a growing...

UDR, Inc. (NYSE: UDR) today announced that it has completed a $500 million asset exchange with AvalonBay Communities, After the close of this transaction, UDR will own, or have an ownership interest, in eight communities consisting of 2,481 homes in the Boston metro area, 12 communities...

Goldman Sachs has issued a report maintaining Pentair Inc.'s (NYSE: PNR) Sell Rating following an agreement to acquire Norit Clean Process Technologies (NYSE: CPT). Goldman Sachs writes, "While PNR only expects ROIC to reach 10% by 2014, including favorable tax benefits, we believe the proposed...

According to Sterne Agee, Pentair (NYSE: PNR) estimates and price target are increased. Sterne Agee reported that Pentair announced an agreement to acquire Norit Holding B.V.'s Clean Process Technologies (CPT) division for €503M (~$705M), or ~2x estimated 2011 revenue of ~$350M, plus minimal net...

Oppenheimer has issued a report on the stent data presented at the American College of Cardiology yesterday. According to the report, "Drug eluting stent data dominated the day yesterday at the American College of Cardiology (ACC) meeting in New Orleans. BSX's Promus Element data delivered with...

MINNEAPOLIS - April 4, 2011 (Investorideas.com Water Stocks Newswire) - Pentair, Inc. (NYSE:PNR) announced today that it has entered into a definitive agreement to acquire the Clean Process Technologies (CPT) division, a global leader in innovative membrane technology and ultrafiltration, from...

MINNEAPOLIS - April 4, 2011 (Investorideas.com Water Stocks Newswire) - Pentair, Inc. (NYSE:PNR) announced today that it has entered into a definitive agreement to acquire the Clean Process Technologies (CPT) division, a global leader in innovative membrane technology and ultrafiltration, from...

Wunderlich Securities has a Buy rating and a $18 price target on shares of ABIOMED, Inc. (NASDAQ: ABMD). In a note to clients, Wunderlich writes, "The full Protect II trial data was presented Sunday at the American College of Cardiology (ACC) meeting. As we have suggested, the greater use of...

With a flip of a switch, one New York State school figured out a way to save $2 trillion. A recent study from the Smart Lighting Center at Rensselaer Polytechnic Institute (RPI) found that if all the world's light bulbs were replaced with new, super energy...