MONTREAL , Jan. 26, 2012 / CNW Telbec / – CANMARC Real Estate Investment Trust (“CANMARC”) (TSX: CMQ-UN.TO – News ) announced today that in light of the entering into of the previously announced support agreement among CANMARC and Cominar Real Estate Investment Trust , CANMARC will suspend, effective immediately, the operation of its distribution reinvestment plan (the “DRIP”). As a result, the .. more …
NORTHBROOK, Ill.–(BUSINESS WIRE)– Neil R. Aaronson, CEO, Hilco Real Estate, LLC , today announced that Joel H. Schneider has joined the company as Senior Vice President, Dispositions. Mr. Schneider will source and manage owned and leased property disposition assignments. Mr. Schneider has nearly 30 years of real estate experience. He has developed a broad range [...] Read more »
WATERSOUND, Fla.–(BUSINESS WIRE)– The St. Joe Company (NYSE: JOE – News ) (the “Company”) today announced that the Company’s Board of Directors has adopted a new real estate investment strategy, which is focused on reducing future capital outlays and employing new risk-adjusted investment return criteria for evaluating the Company’s properties and future investments in such [...] Read more »
SANTA MONICA, Calif.–(BUSINESS WIRE)– Anworth Mortgage Asset Corporation (NYSE: ANH – News ), a real estate investment trust (REIT), announced today tax information regarding its dividend distributions for the fiscal year ended December 31, 2011. Stockholders should check the tax statements they receive from brokerage firms to ensure that the Anworth dividend information reported in [...] Read more »
Brokers are telling new borrowers to expect mortgage rates to fluctuate in the coming months, owing to economic uncertainty.A number of major lenders have increased the cost of a mortgage for new borrowers in recent days.Brokers suggest that the increased activity is likely to be followed by an “ebb and flow” in the mortgage market [...] Read more »