Real estate industry
Franklin Street Properties Corp. (FSP) will participate in the New York Society of Security Analysts 16th Annual Investing in the REIT Industry Conference on March 30. CEO George J. Carter and CFO John Demeritt will deliver a presentation at 9:10 AM (ET), which will be followed by a replay
Real estate industry
Mack-Cali Realty Corporation (NYSE: CLI) has entered a joint venture agreement with The PRC Group to develop a 92,878 square-foot class A office building in Red Bank, New Jersey. The project is part of a two-building complex, Red Bank Corporate Plaza, and has been entirely pre-leased to Hovnanian Enterprises,
Real estate industry
Virginia real estate agent Sherry Daminski, who started her business just six years ago with her husband Ed, has built a pipeline of 15,000 prospects and earns $575,000 in commissions from 112 transactions annually. Daminski credits her success to a strategic mix of postcards, follow-up, and an extensive
Real estate industry
Acadia Realty Trust, a fully integrated and self-managed equity real estate investment trust, has announced its dividend for the first quarter ending March 31, 2006. The Board of Trustees declared a dividend of $0.185 per Common Share and Common Operating Partnership (OP) Unit, payable on April 14, 2006, to
Real estate industry
CBRE Realty Finance is preparing to launch its initial public offering, seeking to raise up to $200 million with the help of Credit Suisse and Deutsche Bank as underwriters. This move follows a June private offering that raised $300 million, which has since been utilized for $538 million of investments.
Real estate industry
A wave of concern is building in Japan's real estate market, with experts warning that a mini-bubble is emerging. Land prices in Tokyo's prime business districts have skyrocketed, reaching levels reminiscent of the late 1980s. While the market is still undervalued compared to London and New
Real estate industry
Real estate professionals can now access free syndicated news content from Fidelity Assets' industry blog, providing them with real-time information about the worldwide real estate market. This content can be published on their websites through an RSS feed at no cost, allowing clients and site visitors to stay informed
Real estate industry
Robert C. Larson, Chairman of the Board, has welcomed Thomas C. Wajnert to the Company's Board of Directors, citing his "widely respected and deeply experienced business leadership" which will bring great insight and expertise to the Board's deliberations. Mr. Wajnert, Managing Director of Fairview
Real estate industry
United Dominion Realty Trust, Inc. has announced a 4.2% increase in its annual common stock dividend for 2006, marking its 30th consecutive year of dividend increases. The company's strong operating results and strengthening prospects for the future have led to this increase, which is the largest in
Real estate industry
Employees of Majestic Realty Co. united to raise awareness about heart disease in women and encourage their female colleagues to take charge of their heart health as part of the American Heart Association's national "Go Red for Women" campaign. On February 3, employees across the country
Real estate industry
Akme Projects, a leading real estate developer in India, has partnered with Cathedral Financial Consultants, an Ireland-based financial consultant, to form a 50:50 joint venture company. The new partnership aims to capitalize on the emerging opportunities in the Indian real estate sector, particularly in residential projects, multiplexes, hospitality, and
Real estate industry
Arden Realty, Inc., a Los Angeles-based office real estate investment trust, has released information on the tax treatment of its 2005 dividends. Shareholders are advised to consult with their personal tax advisors for specific guidance. As a self-administered, self-managed REIT, Arden Realty owns, manages, and leases commercial office properties in
