Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
Subject: Research (RES)
Fitch IBCA Gives ‘BBB’ Rating to Home Properties
May 25, 2000 NEW YORK – Fitch IBCA has assigned an initial corporate credit rating of triple-B to Home Properties of New York Inc. (NYSE: HME). Fitch also gave a triple-B rating to Home's $125 million of convertible preferred stock. ...
S&P Upgrades 1995 Nomura Mega Deal
May 24, 2000 NEW YORK – Standard & Poor's has raised its ratings on five classes of Nomura Asset Securities Corp., 1995-MDIII.S&P raised the following classes in the series: Class A-2 to double-A-plus from double-A; Class A-2CS to double-A-plus-r from ...
Warburg Starts Developer’s Diversified Realty At Strong Buy
May 23, 2000 (NewsTraders.com) -- Developer's Diversified Realty (NYSE:DDR) was initiated this morning with a "strong buy" recommendation and $18 price target by UBS Warburg analyst Richard Paoli."We believe that the environment is right for investors to begin considering the ...
McDonald Starts Developers Diversified Realty At Buy/$18 Goal
May 22, 2000 (NewsTraders.com) -- Real estate investment trust Developers Diversified Realty (NYSE:DDR) was assigned a "buy" rating today in initial coverage launched by McDonald Investments analyst Richard Moore.The analyst has a 12-month price goal of $18 for the stock, ...
Round the Clock’ Cities Get the Attention, But May Not Hold Up in Downturn
Landauer's chief economist says many real estate investors are focusing on properties in "24-hour cities." He warns that although returns from such properties are greater than those in so-called "9-to-5" cities, they might get hammered in a downturn.
Lehman Initiates Vornado Realty Trust At ‘Buy’ with $42 Target
May 18, 2000 (NewsTraders.com) – Vornado Realty Trust (NYSE:VNO) was called a "buy" in initial brokerage coverage launched this week by Lehman Brothers analyst David Shulman, who has a $42 price target for the stock."As the largest owner of office ...
CSFB’s Realty Group Plans for Growth in Equity Research
The investment bank's real estate operation, which has been gradually moving into fee-generating businesses, is looking to add two additional analysts to its newly formed real estate equity research unit.
Goldman Ups CBL & Assoc; Cuts Westfield
May 17, 2000 (NewsTraders.com) -- Goldman Sachs has boosted CBL & Associates (NYSE:CBL) to "market outperformer" from "market perform."In addition, Goldman hiked its 2000 and 2001 EPS numbers on CBL to $3.52 and $3.85 from $3.45 and $3.76, respectively.On the ...
Japanese Commercial Real Estate Index Planned
May 17, 2000 Commercial Real Estate DirectSumitomo Life Insurance Co., Mitsubishi Trust & Banking Corp. and Mitsui Fudosan Co. are planning to jointly develop a commercial real estate index that would track property returns in Japan.The firms "hope that creating ...
Morgan Stanley Starts Coverage of Hilton Hotels
May 16, 2000(NewsTraders.com) -- Suggesting that investors check into shares of Hilton Hotels (NYSE:HLT), Morgan Stanley Dean Witter analyst Michael Happel initiated coverage of the lodging stock with an "outperform" rating and a $12 price target today.Happel also established earnings-per-share ...
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