43 min ago | Reuters
UPDATE 1-Massachusetts reaches $9.6 mln REIT settlement with 5 broker-dealers
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
Five IBDs in $9.6M settlement over nontraded-REIT sales
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
Oil States International, Inc. (OIS), Hess Corp. (HES): Einhorn...
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
Property acquisitions boost Summit Industrial REIT's first-quarter revenue
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
Two mREITs To Buy, One To Avoid
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
SINGAPORE: Asia-Pacific real estate investment trusts gain 18% in first four months of year
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
Empire State Building to be focus of new REIT
The Empire State Building is viewed from the observation deck at Rockefeller Center in New York City.
15 hrs ago | Pensions & Investments
University of California regents make sweeping asset allocation changes to 1 portfolio
University of California Board of Regents' investment committee approved on Tuesday a significant reduction to its fixed-income exposure to 20% from 65% in its $4.7 billion Total Return Investment Pool.
Holiday Inn Express Guadalajara UAG Purchased by Mexican REIT Fibra Inn
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.
Strategic Hotels: Is The CEO Ready For A Vacation?
Chicago-based Strategic Hotels & Resorts is a luxury hotel real estate investment trust .
REIT investors, take a page from oil patch - demand change
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.
Franklin Street Properties Now Covered by Analysts at Bank of America
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.
Lew sees loosening of underwriting standards
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.
Don't Panic: Survival Guide To Prospering With Mortgage REIT 12% Yields
"This is the year you should start thinking about reducing exposure to the mortgage REITs.
All About Book Value? How It's Affecting Your Mortgage REIT
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 .
KIMCO Sells 9 Mexican Shopping Centers for $274 Million
The REIT had owned more than 47% of the interest in the portfolio of properties and will receive approximately $9 million, amounting to a $26 million realized gain.
MGCCT's fee model for future Mapletree Reits
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 REIT selling an interest in its big Austin portfolio
Brandywine Realty Trust has placed its Austin suburban office portfolio on the market with an unusual marketing proposition.
Hoover apartment complex sold to Philadelphia REIT for $8.5 million
BIRMINGHAM, Alabama - Resource Real Estate Opportunity , a Philadelphia-based real estate investment trust, has acquired Hoover's Autumn Wood Apartments complex in an $8.5 million deal, the REIT announced today.