Apartment Investment and Management Company Announces Special Dividend (PR Newswire)
Apartment Investment and Management Company announced today that its Board of Directors has declared a special dividend payable to holders of its Class A Common Stock of $1.80 per share, or approximately $160 million in the aggregate.
Thornburg Mortgage Target: $1 (Zacks.com)
TMA is currently embroiled in a dispute with the counterparties to its Override Agreement.
Sun Communities Reports Certain Preliminary Results for September 30, 2008 (PR Newswire)
Sun Communities, Inc. , a real estate investment trust that owns and operates manufactured home communities, today reported certain preliminary quantitative measures of performance for the quarter and year to date ended September 30, 2008 with comparison to comparable 2007 periods.
UDR Recognized for Excellence in Redevelopment (Business Wire)
DENVER—-UDR, Inc. today announced that it has received recognition for its redevelopment efforts for the second year in a row. UDR was awarded an Award of Merit for Renovation Project of the Year from Multifamily Executive for the Companyâ??s redevelopment of Altamira Place, a 360-home community in Orlando, FL.
Corus’s Condo Crater (at The Wall Street Journal Online)
Scott Rechler resigns from board of American Campus Communities (at bizjournals.com)
ACC Announces Scott Rechler Leaving Board of Directors (Business Wire)
AUSTIN, Texas—-American Campus Communities Inc. , one of the largest owners, managers and developers of high-quality student housing properties in the U.S., announced today that Scott Rechler resigned as a member of its board of directors effective immediately.
UDR a Renter in Good Shape (Zacks.com)
Aimco expects 3Q FFO to meet or beat guidance (AP)
Following a sharp stock sell-off, Apartment Investment and Management Co. said Friday that it expects third-quarter funds from operations to meet or beat guidance based on preliminary results, and said it plans a special quarterly dividend.