Residential Building & Real Estate

AvalonBay Communities Provides May Collection Details and Second Quarter Operating Update

Monday, June 1, 2020 - 9:15pm

Like-Term Lease Rent Change represents the percentage change in rent between two leases of the same lease term category for the same apartment.

Key Points: 
  • Like-Term Lease Rent Change represents the percentage change in rent between two leases of the same lease term category for the same apartment.
  • Average Like-Term Lease Rent Change is weighted based on the number of leases meeting the criteria for new move-in and renewal like-term rent change.
  • Like-Term Effective Rent Change represents the percentage change in effective rent between two leases of the same lease term category for the same apartment.
  • Average Like-Term Effective Rent Change is weighted based on the number of leases meeting the criteria for new move-in and renewal like-term effective rent change.

Kimco Realty Corporation to Present at Nareit’s REITweek: 2020 Virtual Investor Conference

Monday, June 1, 2020 - 9:01pm

Kimco Realty Corp. (NYSE: KIM) announced today that its management will participate in the Nareits REITweek: 2020 Virtual Investor Conference on Wednesday, June 3, 2020.

Key Points: 
  • Kimco Realty Corp. (NYSE: KIM) announced today that its management will participate in the Nareits REITweek: 2020 Virtual Investor Conference on Wednesday, June 3, 2020.
  • Kimco management will provide a general overview of the company followed by a question and answer session.
  • To access the Companys live presentation, attendees are required to register for Nareits REITweek, using the registration link below.
  • Kimco Realty Corporation Management Presentation at Nareits REITweek: 2020 Virtual Investor Conference
    Registration can be accessed by clicking on the following link: REITweek Virtual Investor Conference
    If you are unable to participate, audio from the conference will be available until September 1, 2020.

Urban Edge Properties Announces Debt Refinancing at The Outlets at Montehiedra

Monday, June 1, 2020 - 9:15pm

Urban Edge Properties (NYSE:UE) announced today that it has completed the refinancing of its mortgage loan at The Outlets at Montehiedra, a leading value-oriented retail destination located in San Juan, Puerto Rico.

Key Points: 
  • Urban Edge Properties (NYSE:UE) announced today that it has completed the refinancing of its mortgage loan at The Outlets at Montehiedra, a leading value-oriented retail destination located in San Juan, Puerto Rico.
  • With the completion of this refinancing, the Company does not have any other debt maturities until May 2022.
  • Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region.
  • Urban Edge owns 78 properties totaling 15.1 million square feet of gross leasable area.

Safehold to Present at Nareit REITweek: 2020 Virtual Investor Conference

Monday, June 1, 2020 - 7:17pm

Safehold Inc. (NYSE: SAFE) announced today that Jay Sugarman, Chairman and Chief Executive Officer, will participate in a moderated discussion at Nareit REITweek: 2020 Virtual Investor Conference on Wednesday, June 3, 2020 at 3:25pm ET.

Key Points: 
  • Safehold Inc. (NYSE: SAFE) announced today that Jay Sugarman, Chairman and Chief Executive Officer, will participate in a moderated discussion at Nareit REITweek: 2020 Virtual Investor Conference on Wednesday, June 3, 2020 at 3:25pm ET.
  • Safeholds remarks will broadcast live and can be accessed by all interested parties through Safeholds website, www.safeholdinc.com , in the Investors section.
  • Safehold will also be hosting an interactive breakout session over a Zoom conference call directly following the presentation at 3:55pm ET.
  • Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings.

Ventas to Participate in Nareit REITWeek 2020 Conference

Monday, June 1, 2020 - 6:45pm

Ventas, Inc. (NYSE: VTR) (Ventas or the Company) announced today that management will participate in the Nareit REITWeek 2020 Conference (the Nareit Conference) to be held June 2 to June 4, 2020.

Key Points: 
  • Ventas, Inc. (NYSE: VTR) (Ventas or the Company) announced today that management will participate in the Nareit REITWeek 2020 Conference (the Nareit Conference) to be held June 2 to June 4, 2020.
  • Any Company written materials accompanying the Companys meetings with certain investors at the Nareit Conference will be available on the Companys website starting at 8 a.m. Eastern Time on June 2.
  • These materials will be archived at www.ventasreit.com/investor-relations for a limited period following the event.
  • Through its Lillibridge subsidiary, Ventas provides management, leasing, marketing, facility development and advisory services to highly rated hospitals and health systems throughout the United States.

Gold Coast Schools Acquires IFREC Schools of Real Estate

Monday, June 1, 2020 - 5:39pm

South Florida-based Gold Coast Schools, one of the countrys largest providers of traditional classroom and distance learning in the fields of real estate, appraisal, mortgage, insurance and construction education, has acquired IFREC Schools of Real Estate, a leading provider of classroom and distance education for real estate professionals headquartered in Orlando.

Key Points: 
  • South Florida-based Gold Coast Schools, one of the countrys largest providers of traditional classroom and distance learning in the fields of real estate, appraisal, mortgage, insurance and construction education, has acquired IFREC Schools of Real Estate, a leading provider of classroom and distance education for real estate professionals headquartered in Orlando.
  • The acquisition of IFREC gives Gold Coast the opportunity to expand our central Florida presence with operations in Orlando, Kissimmee and Stuart, said John Greer, Ed.D., Director of Gold Coast Schools.
  • The merger allows Gold Coast to increase its classroom, online and continuing education components while students of IFREC will have access to a broader range of courses at Gold Coast Schools including Spanish real estate courses, insurance, contractors, mortgage and appraisal.
  • In 2016, Gold Coast Schools acquired Bert Rodgers Schools of Real Estate, a leading provider of distance education for real estate professionals headquartered in Sarasota.

Companies Set to Re-open Facilities with Intertek Protek’s Industry-Leading Health and Safety Solutions

Monday, June 1, 2020 - 3:15pm

Intertek, a leading Total Quality Assurance provider to industries worldwide, is enabling companies to re-open for business with the highest health and safety standards in place through its innovative end-to-end health, safety and wellbeing program, Intertek Protek.

Key Points: 
  • Intertek, a leading Total Quality Assurance provider to industries worldwide, is enabling companies to re-open for business with the highest health and safety standards in place through its innovative end-to-end health, safety and wellbeing program, Intertek Protek.
  • Intertek Protek for facilities provides a range of audit, training, inspection, verification and certification solutions to identify and minimize environmental health risks, ensuring the safety and well-being of facilities, employees and customers across manufacturing, hotels, schools, restaurants, transport hubs, retail and beyond.
  • The service is part of Interteks new industry-agnostic Protek program, the worlds first health, safety and wellbeing assurance program for people, workplaces and public spaces.
  • Recent Intertek research shows that more than 70 percent of people do not feel safe returning to their workplaces without authenticated health and safety practices in place.

Rekor Announces Venture To Launch Smart Permit and Parking Management Startup

Monday, June 1, 2020 - 1:51pm

Rekor and Cygnet are each contributing their respective technology stacks in exchange for equity in ROKER, with Rekor receiving 50% of the venture.

Key Points: 
  • Rekor and Cygnet are each contributing their respective technology stacks in exchange for equity in ROKER, with Rekor receiving 50% of the venture.
  • The companies joined forces to develop and launch ROKER, a new approach that provides an end-to-end solution for simplified parking permitting, electronic citation management and parking enforcement for consumers, businesses and government.
  • In recent years, the smart parking market hovered around a $5 billion valuation -- by 2025, thats anticipated to more than double, said Sachin Bedi.
  • ROKER creates an ecosystem for smart parking that will converge with smart city initiatives across the globe.

Equity Residential Provides Operations Update

Monday, June 1, 2020 - 1:28pm

Residential Cash Collections - Represents the amount of Residential cash collected for all properties from all current and former residents during a specified month.

Key Points: 
  • Residential Cash Collections - Represents the amount of Residential cash collected for all properties from all current and former residents during a specified month.
  • Equity Residential owns or has investments in 305 properties consisting of 78,927 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.
  • For more information on Equity Residential, please visit our website at www.equityapartments.com .
  • Equity Residential assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Watts Water Technologies to Participate in the Stifel 2020 Virtual Cross Sector Insight Conference

Monday, June 1, 2020 - 1:12pm

Watts Water Technologies, Inc. (NYSE: WTS) today announced that Robert J. Pagano, Jr., Chief Executive Officer & President; Shashank Patel, Chief Financial Officer, and Timothy M. MacPhee, Treasurer & Vice President Investor Relations will participate in the Stifel 2020 Virtual Cross Sector Insight Conference on Monday, June 8, 2020, starting at 8:00 a.m. Eastern Daylight Time.

Key Points: 
  • Watts Water Technologies, Inc. (NYSE: WTS) today announced that Robert J. Pagano, Jr., Chief Executive Officer & President; Shashank Patel, Chief Financial Officer, and Timothy M. MacPhee, Treasurer & Vice President Investor Relations will participate in the Stifel 2020 Virtual Cross Sector Insight Conference on Monday, June 8, 2020, starting at 8:00 a.m. Eastern Daylight Time.
  • Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world.
  • Watts Water companies and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential, and industrial applications.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20200601005444/en/