Memphis-based Education Realty Trust’s announcement that it’s raising its quarterly cash dividend by 40 percent, to $0.07 per share, makes it the second straight day that a REIT announced that it's increasing its dividend. Yesterday, Denver-based UDR raised its dividend $0.20 per share, pushing its payout by 8.1 percent. More
After 73 years as a family business, Walker & Dunlop is entering the public markets and is now trading under the ticker symbol "WD." More
After 73 years as a family business, Walker & Dunlop is entering the public markets and is now trading under the ticker symbol "WD." More
Momentum is gathering in Congress for the creation of a market for covered bonds, a $3 trillion business in Europe. More
Momentum is gathering in Congress for the creation of a market for covered bonds, a $3 trillion business in Europe. More
It's been a good summer for Steve Winn. The chairman and CEO of Carrollton, Texas-based multifamily software and services provider RealPage took his company public in August, with trading on the NASDAQ beginning August 12. Winn sat down with Multifamily Executive senior editor Chris Wood to share his thoughts on the $1.07 billion IPO and the evolving future of both RealPage and multifamily technology. More
AvalonBay Communities made its big announcement before NAREIT's REIT Investor Week in Chicago even began. More
As 2010 arrives, multifamily REITs find themselves in a much different position than a year ago. More
Though the economy is still struggling, things on Wall Street seem frantic these days. More
In 2005, ING Clarion Partners bought Atlanta-based Gables Residential Trust for $2.8 billion in cash. That same year, Morgan Stanley Real Estate's Prime Property Fund announced that it would buy Chicago-based AMLI Residential Properties for $2.1 billion. Then, in October 2007, the big domino fell—a fund of Tishman Speyer and Lehman Bros. bought Denver-based Archstone for $22.2 billion just as the credit crunch was gripping the world. More