- American City Business Journals•20 days ago
San Francisco is close to selecting Lendlease Group as the developer of a major publicly owned tower site, according to a source with knowledge of the deal's discussions. The city's department of real estate is moving to grant Lendlease Group (LLC.AX) an exclusive negotiating agreement to buy 30 Van Ness Ave., a property that could hold about 500 new housing units. The property's sales price and the affordable housing requirement on the site haven't been finalized, according to two sources familiar with the process.
- American City Business Journals•23 days ago
A lawsuit seeking to block development of 5M, one of the largest mixed-use projects in San Francisco, has been denied in a victory for developer Forest City Enterprises. Activists including the South of Market Action Committee (SOMCAN), Save Our SoMa and Friends of Boeddeker Park filed a lawsuit in against the city and Board of Supervisors in late 2015, alleging an inadequate environmental review. This week the San Francisco Superior Court rejected the claim and blocked the case from moving forward unless an appeal is filed in the next 60 days.
- PR Newswire•24 days ago
Forest City is committed to acting in the best interests of the Company and its shareholders and values feedback from all shareholders. Following discussions with and input from the Company's largest shareholders, the Board and management team took significant steps to enhance the Company's corporate governance by entering into agreements to declassify its common equity, appoint two new independent directors and adopt a majority voting standard for the election of directors.
FCE-A : Summary for Forest City Realty Trust, Inc. - Yahoo Finance
Forest City Realty Trust, Inc (FCE-A)
NYSE - NYSE Delayed Price. Currency in USD
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|Day's Range||22.25 - 22.64|
|52 Week Range||17.79 - 24.22|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||16.80|
|Dividend & Yield||0.24 (1.06%)|
|1y Target Est||N/A|