REITs

REITs

• Two More REITs Announce Q4 Growth

  On Tuesday, two more REITs, BRE Properties and Associated Estates Realty, hosted their fourth-quarter earnings conference calls. And there were no huge surprises.

   

• Essex Reports Strong Fourth Quarter

  Essex Property Trust held its earnings conference call Feb. 2 to discuss fourth-quarter 2011 financials and what to expect in 2012. While the quarter wasn’t a home run, the company did exceed most analysts' expectations.

   

• Biggest REITs Report Good Years

  Earlier today, the two largest apartment REITs, Chicago-based Equity Residential and Arlington, Va.–based AvalonBay Communities, talked about their fourth-quarter earnings and 2012 projections. The results didn’t disappoint.

   

• 3 Things to Look for in Earnings Calls

  As the apartment REITs start to blitz analysts and investors with their fourth-quarter earnings calls over the next couple of weeks, the irony is that the previous period may be the last thing on the minds of those industry watchers. With seasonality playing a large role in the results from the...

   

• Behringer Harvard Appoints New CEO and President for Opportunity- Style REITs

  Mr. O'Hanlon also has been appointed CEO and President of the funds that comprise the company's opportunity platform, including Behringer Harvard Opportunity REIT I, Inc. and Behringer Harvard Opportunity REIT II, Inc.

   

• Apartment Buildings Sell Big in The Big Apple

  INVESTMENT brokers had a booming year of apartment building sales in 2011 and expect the trend to continue as market and stabilized rents continue to rise.

   
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  Analysts Supportive of Equity's Recent Move in Archstone Sale

  Last week’s announcement by Chicago-based Equity Residential (EQR) that it entered into an agreement to spend $1.325 billion in cash for a 26.5 percent ownership interest in Denver-based Archstone, which owns 48,922 units and has 1,332 units under construction, took some people by surprise.

   

• Archstone Sale Watch

  Multifamily Executive is keeping close tabs on the potential sale of Archstone, as Lehman Bros., Bank of America, and Barclay’s try to navigate the right disposition strategy for the portfolio that was taken private for $22 billion in 2007. Check out our coverage, along with breaking news from...

   

• Quick & Quirky: November 17, 2011

  Multifamily Executive Senior Editor Chris Wood rounds up interesting and intriguing news tidbits. This week: pure energy, electrocutions, the Porsche pad, plus hidden 80s music playlists*.

   

• Three Takeaways from Third-Quarter Earnings Calls

  For most analysts listening in on the apartment REITs’ third-quarter conference calls, fundamentals were the key. They wanted to know where rents were moving, whether traffic slumped after August’s economic woes, and the will fare in the traditionally slower winter months. While those questions...