43 min ago | Reuters
Five independent broker-dealers will pay at least $9.6 million in fines and restitution to settle what Massachusetts' top securities regulator has called their improper sales of non-traded real estate investment trusts, or REITs.
43 min ago | InvestmentNews
Sales of nontraded real estate investment trusts have again come under the scrutiny of securities regulators as William Galvin, the secretary of the Commonwealth of Massachusetts, today announced settlements with five leading independent broker-dealers to make $8.6 million in restitution to investors and pay fines totaling $975,000. The five firms ... (more)
43 min ago | Insider Monkey
In the first quarter of 2013, David Einhorn , the famous hedge fund manager, initiated long positions in six new stocks, bringing total assets under management to more than $6.5 billion.
3 hrs ago | TheStreet.com
Michael Fredericks, portfolio manager for the BlackRock Multi-Asset Income Fund, says bank loans and MLPs are better bets than REITs.
4 hrs ago | Brandon Sun
Summit Industrial Income REIT said Wednesday it earned $1.2 million in the first quarter on substantially higher operating revenue and made several major additions to its property portfolio.
4 hrs ago | The Motley Fool
Adnan is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.
7 hrs ago | Asia News Network
Property trusts across the Asia-Pacific have performed impressively in recent months, led by a surge in the value of Japanese real estate investment trusts .
11 hrs ago | Canada.com
The Empire State Building is viewed from the observation deck at Rockefeller Center in New York City.
Fibra Inn paid Ps. 186.9 million for the hotel, excluding taxes and acquisition expenses, and the adjoining land where the Company is planning a room expansion.
Chicago-based Strategic Hotels & Resorts is a luxury hotel real estate investment trust .
ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.
The firm set a "neutral" rating and a $14.50 price target on the stock. The analysts wrote, "We are initiating coverage of Franklin Street Properties , a REIT that owns infill suburban and Central Business District office buildings in 17 US markets, with a Neutral rating and $14.50 PO.
Regulators have noticed a loosening of underwriting standards in some markets, in particular in certain real-estate investment trusts, Treasury Secretary Jacob Lew said on Tuesday.
"This is the year you should start thinking about reducing exposure to the mortgage REITs.
May has been a bad month for the mortgage real estate investment trusts and the entire sector has seen a sell-off after poor earnings from both American Capital Agency , Annaly Capital .
Mapletree is also open to tweaking the fee income model of its other existing Reits to the MGCCT model, if unitholders request the change, he added.
Brandywine Realty Trust has placed its Austin suburban office portfolio on the market with an unusual marketing proposition.