Real estate industry
Berkshire Income Realty, Inc. has announced its regular quarterly cash dividend of $.5625 per share of its 9% Series A Cumulative Redeemable Preferred Stock. This dividend will be payable on February 15, 2006, to shareholders of record on February 10, 2006. The company has also finalized the tax treatment for
Real estate industry
Inland Real Estate Corporation, a self-administered and self-managed publicly traded real estate investment trust, has announced the payment of a cash dividend of $0.08 per share to common stockholders of record. The aggregate cash dividend paid to a particular common stockholder of record will be rounded to the nearest
Real estate industry
Duke Realty Corporation, a leading real estate company in the United States, has announced the income tax characteristics of its 2005 common and preferred share dividends. This information is crucial for foreign shareholders to satisfy U.S. federal income tax withholding obligations under Section 1.1445-8 of the federal income
Real estate industry
Developers Diversified Realty Corporation, a leading real estate investment trust (REIT), has announced the tax allocations of the 2005 dividend distributions on its common shares and four series of preferred shares. The company's Form 1099-DIV summarizes the allocation of 2005 common share dividends, which will be reported on
Real estate industry
Mack-Cali Realty Corporation, a fully-integrated, self-administered, and self-managed real estate investment trust (REIT), has announced the tax treatment of its 2005 dividends. The total distribution of $2.52 per share of common stock is classified for income tax purposes, with the fourth quarter 2005 distributions being considered 2006 distributions for
Real estate industry
Trizec Properties, Inc., a real estate investment trust (REIT) headquartered in Chicago, has announced the signing of an agreement to acquire a high-quality Southern California office portfolio from Arden Realty, Inc. for $1.63 billion. The portfolio comprises 13 properties, totaling 4.1 million square feet, and several development land
Real estate industry
Potlatch Corporation's Board of Directors has given the green light for the company to begin operating as a real estate investment trust (REIT) on January 1, 2006. This conversion is a significant step towards increasing the company's ability to invest in timberland assets and raise capital
Real estate industry
RealProspex is an innovative online platform that enables buyers to automate their property searches and find the most suitable properties based on their specific criteria. Developed by Eastern Union Commercial, a leading commercial real estate mortgage brokerage, RealProspex aims to streamline the buying process and provide buyers with a tailored
Real estate industry
The Salvation Army Red Shield Youth and Community Center in the Pico-Union neighborhood of Los Angeles will benefit from a year of music programming, thanks to a $15,000 grant from the Majestic Realty Foundation. The grant will fund the Sound Art music enrichment program, which will provide 2.5
Real estate industry
Developers Diversified Realty (DDR) and MasterCard International have entered into a multi-year sponsorship and marketing agreement, making MasterCard the preferred card at Developers Diversified's 15 shopping centers in Puerto Rico. The partnership will provide MasterCard with exclusive representation at the shopping centers, brand identification, and promotional opportunities centered
Real estate industry
Real estate agents and consumers can now access exclusive home listings on-the-go, thanks to Explicit Media Inc.'s innovative multimedia marketing solution, Real Estate Home Show. By partnering with Apple, this product enables users to download video listings directly to the Apple iPod, revolutionizing the way properties are marketed
Real estate industry
As the United States seeks to improve its energy independence, the real estate industry has demonstrated its commitment to addressing supply and demand challenges through historic successes in energy efficiency and conservation. The Real Estate Roundtable, led by Chairman Robert J. Lowe, has urged the Administration to leverage public-private partnerships
