Residential REIT's

Eugene W. Landy, Chairman of the Board of UMH Properties, Inc. (NYSE: UMH) announced that, on January 13, 2011, the Board of Directors declared a quarterly cash dividend of $0.18 per share payable March 15, 2011 to shareholders of record at the close of business February 15, 2011. The Company's...

Mid-America Apartment Communities, Inc. (NYSE: MAA) announced today that it has acquired the 340-unit Alamo Ranch apartment community located in the Westover Hills corridor of northwest San Antonio.

BRE Properties, Inc. (NYSE: BRE) today announced the appointment of Scott A. Reinert to executive vice president, operations, effective January 24, 2011.

Education Realty Trust Inc. (NYSE: EDR), a leader in the ownership, development and management of collegiate housing, today announced that its board of directors has approved a quarterly cash dividend of $0.05 per share of common stock for the quarter ended December 31, 2010. The dividend will be...

AvalonBay Communities Inc. (AVB), a real estate investment trust (REIT) primarily focusing on developing multi-family properties, has recently acquired three apartment communities totaling 1366 apartment homes for $189.3 million. The properties were acquired by AvalonBay Value Added Fund II L.P...

AvalonBay Communities Inc. (AVB), a real estate investment trust (REIT) primarily focusing on developing multi-family properties, has recently acquired three apartment communities totaling 1366 apartment homes for $189.3 million. The properties were acquired by AvalonBay Value Added Fund II L.P...

Dendreon Pharmaceuticals (DNDN) shares went up after it provided a detailed corporate outlook. It discussed plans for US commercialization, expansion and European filing for Provenge vaccine, for the treatment of prostrate cancer. The company also announced that it will start phase II studies for...

Dendreon Pharmaceuticals (DNDN) shares went up after it provided a detailed corporate outlook. It discussed plans for US commercialization, expansion and European filing for Provenge vaccine, for the treatment of prostrate cancer. The company also announced that it will start phase II studies for...

Merck (MRK) recently announced that the US Food and Drug Administration (FDA) granted priority review status to the company's hepatitis C virus (HCV) candidate, boceprevir. This means that a response from the FDA regarding the approvability of the HCV candidate will be out in six months instead...

Merck (MRK) recently announced that the US Food and Drug Administration (FDA) granted priority review status to the company's hepatitis C virus (HCV) candidate, boceprevir. This means that a response from the FDA regarding the approvability of the HCV candidate will be out in six months instead...

AvalonBay Communities, Inc. (NYSE: AVB) announced today the acquisition of three apartment communities: Canyonwoods, a community of 140 apartment homes located in Lake Forest, CA , Fox Run, a community of 776 apartment homes located in Plainsboro, New Jersey and Waterstone Carlsbad, a community of...

Celgene Corporation (CELG) announced that it has filed for approval of cancer drugs Revlimid (lenalidomide) and Istodax (romidepsin) for additional indications. While European approval was sought for Revlimid as a first-line maintenance therapy in patients suffering from multiple myeloma (MM), US...

Celgene Corporation (CELG) announced that it has filed for approval of cancer drugs Revlimid (lenalidomide) and Istodax (romidepsin) for additional indications. While European approval was sought for Revlimid as a first-line maintenance therapy in patients suffering from multiple myeloma (MM), US...

“New 2011 and 2012 estimates are $0.39 and $0.46; NAV now $8.00/sh,” KBW said in a report this morning. “All-in we estimate Education Realty Trust, Inc. Co. (NYSE: EDR) is issuing equity at an implied economic cap rate of 6.4% (assuming $7.75/sh, 5% fees) and would not be surprised if EDR has an...

Education Realty Trust Inc. (EDR), a real estate investment trust (REIT) that owns, develops, and operates collegiate housing properties across the U.S., has recently announced its offer of 9.5 million common shares to raise cash and increase its liquidity. The company will also grant the...