|Bid||10.07 x 3000|
|Ask||10.08 x 1800|
|Day's Range||10.03 - 10.24|
|52 Week Range||7.88 - 10.27|
|PE Ratio (TTM)||8.08|
|Earnings Date||Aug 2, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||1.00 (10.06%)|
|1y Target Est||9.81|
Arbor Realty Trust, Inc. (ABR), today announced the closing of a $560 million commercial real estate mortgage securitization (the “Securitization”). An aggregate of $441 million of investment grade-rated notes were issued (the “Notes”) and Arbor retained subordinate interests in the issuing vehicle of approximately $119 million.
Duke Realty's (DRE) new warehouse facility at Fort Worth, which has been enjoying strong demand, is anticipated to strengthen the company's foothold in North Texas.
Mack-Cali's (CLI) latest lease with Plymouth Rock, for a 130,000-square-foot office space, escalates occupancy to 100% at the overhauled 581 Main Street-property in Woodbridge.
Today we've highlighted five stocks that are currently trading for under $10 per share. All of these stocks currently sport a Zacks Rank #2 (Buy) or better, and the selected companies are showing signs of outpacing the market throughout 2018.
Iron Mountain's (IRM) $1,750-million senior secured loan and $250-million term loan A will enable the company to lower interest rate margins and boost financial flexibility.
SL Green's (SLG) latest retail transaction are in sync with its efforts to improve its portfolio quality and shed non-strategic assets.
Alexandria Real Estate Equities' (ARE) Q2 dividend of 93 cents marks a 3% increase, as well as highlights the company's superior cash flow generating ability.
Vornado Realty's (VNO) agreement to sell the company's stake in the Manhattan office tower -- 666 Fifth Avenue Office Condominium -- will enable it to reduce asset concentration in the market.
On Friday, June 01, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Friday's trading session in bullish territories. Taking into consideration last Friday's market sentiment, WallStEquities.com assessed the following REIT - Diversified equities this morning: American Tower Corp. (REIT) (NYSE: AMT), Annaly Capital Management Inc. (NYSE: NLY), Arbor Realty Trust Inc. (NYSE: ABR), and Brandywine Realty Trust (NYSE: BDN).
Extra Space Storage's (EXR) senior unsecured notes offering worth $300 million through private placement expected to aid improve its financial stability.
Medical Properties' (MPW) sale of the company's equity stake in Ernest Health will enable it to generate an unlevered internal rate of return (IRR) of 13%.
NEW YORK, May 31, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of EnLink ...
Highwood Properties' (HIW) expansion strategies amid improving economy and recovering economy will drive long-term growth. However, an extensive pipeline might increase operating risks.
Prologis (PLD) gains from rising demand for its strategically-located properties, sells property in Menlo Park to Facebook for $400 million.
Jones Lang LaSalle (JLL) amends its credit facility by extending maturity. This move is likely to enhance the company's financial flexibility and keep its growth momentum alive.
On May 15, 2018, Arbor Realty Trust, Inc. (the "Company") (ABR) closed its private placement to eligible purchasers of $25 million in aggregate principal amount of 5.625% senior unsecured notes due May 1, 2023 (the “reopened notes”) at 99.445% of par. The offering was made pursuant to a reopening of its existing series of such notes. The Company intends to use the net proceeds from the offering to make investments relating to its business and for general corporate purposes. The reopened notes have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and, unless so registered, the reopened notes may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.
Arbor Realty Trust, Inc. (the “Company”) (ABR) announced today that it priced its public offering of 5,500,000 shares of common stock for total expected gross proceeds of approximately $48.7 million before underwriting discounts and commissions and expenses. The Company has also granted the underwriters a 30-day option to purchase up to an additional 825,000 shares of its common stock. The offering is subject to customary closing conditions and is expected to close on May 18, 2018. The Company intends to use the net proceeds from the offering to make investments relating to its business and for general corporate purposes.
In line with its efforts of being a net seller since 2015, Ashford Hospitality Trust (AHT) announces the sale of a property in Florida for $24 million.
Arbor Realty Trust, Inc. (the “Company”) (ABR) announced today that it plans to make a public offering of 5,500,000 shares of its common stock. In connection with the offering, the Company intends to grant the underwriter a 30-day option to purchase up to an additional 825,000 shares of its common stock. The Company intends to use the net proceeds from the offering to make investments relating to its business and for general corporate purposes. JMP Securities is the sole book-running manager for the offering.