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Duff Capital Advisors LP (DCA) today announced that two investment teams have joined the Firm bringing the total number of investment teams to three since DCA launched [...]
Second Quarter 2008:
Second Quarter 2008 Funds from Operations (FFO) Per Share (Diluted) of $1.51, up 6%, Compared to Second Quarter 2007 FFO Per Share (Diluted) of $1.42
Second Quarter 2008 Total Revenues up 17%, FFO Available to Common Stockholders up 15%, Compared to Second Quarter 2007
Second Quarter 2008 Earnings Per Share From Continuing Operations (Diluted) of [...]
LOSS REFLECTS COSTS RELATED TO STRATEGIC RESTRUCTURING
Results Reflect Significant Mark Down of Assets and Reserves Taken as Part of Strategic Restructuring Announced July 25, 2008
July Sale of Small Ticket Leasing Assets Enhances Liquidity By $325 Million
Consolidated Capital Ratios Maintained Above Regulatory Standards for “Well Capitalized” and Expected to Increase in Third Quarter as Asset Sales [...]
New Bankrate.com Study Shows Rising Costs across the US amidst Weak Housing Market
A new study released by Bankrate, Inc. shows that the cost of getting a mortgage continues to rise despite a soft housing market. The 2007 average closing cost of $2,736 has gone up to an average of $3,118 in 2008, a 14% [...]
Frontera Investment, Inc. announced today that it has entered into a lease agreement with Mecca Travel Center for a new in-store branch in a new Super AMPM/ARCO convenience store located in Mecca, California (about 10 miles east of Frontera’s Coachella branch). Subject to permitting, the branch should open within 90 days. Frontera is analyzing other [...]
AMB Property Corporation(R) (NYSE:AMB) , a leading global developer and owner of industrial real estate, today announced that, through an affiliate, it entered into a strategic alliance with Cyrela Commercial Properties S.A. Empreendimentos e Participacoes (”CCP”), a leading Brazilian real estate company. The venture will focus on the development of distribution facilities in Brazil’s [...]
The Office of the Comptroller of the Currency will host workshops for national community bank directors at the Hyatt Regency Hotel, San Antonio, September 16-18, 2008.
The workshops provide practical information that expands bank directors’ skills and understanding of issues facing their banks. The three workshops cover risk assessment (”Directors: Where is the Risk in Your [...]
Aon Green Building Property Program(SM) offers all-risk coverage for environmentally friendly building repair or upgrade
Aon Corporation (NYSE:AOC) , the leading provider of global risk management and consulting services, launched the Aon Green Building Property Program, the industry’s most comprehensive insurance solution to facilitate environmentally friendly and energy-efficient building efforts of commercial property owners and [...]
Nation’s largest private home builder teams with BP Solar to become first builder to provide free solar electric systems
Victoria Gardens by Shea Homes will offer free solar power systems to its homebuyers through August 31. Shea Homes is the first builder to roll out a national solar offering and has chosen to work with BP [...]
While the recently passed housing stimulus package helps first-time homebuyers to enter the housing market, Pulte Homes (NYSE:PHM) is giving an even broader boost to buyers as it launches its “Jump-Start” promotion for all Pulte homebuyers. Every buyer who signs a purchase agreement on a new Pulte, Del Webb or DiVosta home from August [...]