Residential Building & Real Estate

Coach House Wellington Sales Gallery Now Accepting Reservations

Wednesday, July 1, 2020 - 3:00pm

The Douglas Elliman team is pleased to announce it is now accepting reservations for Coach House, an exclusive community of 34 world-class equestrian private residences located in the heart of the Village of Wellington.

Key Points: 
  • The Douglas Elliman team is pleased to announce it is now accepting reservations for Coach House, an exclusive community of 34 world-class equestrian private residences located in the heart of the Village of Wellington.
  • Coach House will be the first opportunity to enjoy a lock-and-leave lifestyle in a luxury private residence.
  • Our homeowners will have the privilege of overlooking one of the worlds top equestrian venues from Coach House.
  • For more information about Coach House Wellington visit https://coachhousewellington.com/ or call (561) 285-8000.

The Siegel Group Continues Expansion of Siegel Select® Extended-Stay Brand in Alabama

Wednesday, July 1, 2020 - 2:30pm

These acquisitions increase the number of Siegel Suites and Siegel Select properties throughout the United States to 58 and mark the brands second and third locations in the Alabama market.

Key Points: 
  • These acquisitions increase the number of Siegel Suites and Siegel Select properties throughout the United States to 58 and mark the brands second and third locations in the Alabama market.
  • The properties, which will be renamed Siegel Select Birmingham and Siegel Select Birmingham II are located approximately 15 miles from the downtown area.
  • Stephen Siegel, President of The Siegel Group stated: We opened our first Siegel Select location in Montgomery, AL just under two years ago which has outperformed our expectations.
  • For more information on The Siegel Group and its affiliates, visit the Companys website at www.siegelcompanies.com .

Hexion Releases 2019 Sustainability Report: Reduces Environmental Events, Continues Community Support

Wednesday, July 1, 2020 - 2:00pm

Hexion Inc. (Hexion or the Company) today announced the release of its 2019 Sustainability Report highlighting the companys efforts and accomplishments in enhancing safety, efficiency, sustainability and social responsibility.

Key Points: 
  • Hexion Inc. (Hexion or the Company) today announced the release of its 2019 Sustainability Report highlighting the companys efforts and accomplishments in enhancing safety, efficiency, sustainability and social responsibility.
  • We push forward on a critical path to a brighter future, whether by delivering new bio-based adhesive solutions or driving innovation for lighter and more efficient composite materials.
  • The full 2019 Sustainability Report can be viewed at www.hexion.com/sustainability .
  • In 2019, Hexion achieved 95 percent site participation with its community outreach activities with more than $700,000 in charitable contributions and approximately 7,000 employee volunteer hours.

LTC Declares Its Monthly Common Stock Cash Dividend for the Third Quarter of 2020

Wednesday, July 1, 2020 - 2:30pm

LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the third quarter of 2020.

Key Points: 
  • LTC Properties, Inc. (NYSE:LTC) announced today that it had declared a monthly cash dividend on its common stock for the third quarter of 2020.
  • The Company declared a monthly cash dividend of $0.19 per common share per month for the months of July, August and September 2020, payable on July 31, August 31 and September 30, 2020, respectively, to stockholders of record on July 23, August 21 and September 22, 2020, respectively.
  • LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending.
  • The actual results achieved by the Company may differ materially from any forward-looking statements due to the risks and uncertainties of such statements.

Southern Properties Capital and Transcontinental Realty Investors Inc. Announce Windmill Farms Expansion

Wednesday, July 1, 2020 - 1:00pm

Southern Properties Capital, a subsidiary of Transcontinental Realty Investors Inc., (NYSE: TCI) a Dallas based real estate investment company, is pleased to announce that Windmill Farms development continues to expand.

Key Points: 
  • Southern Properties Capital, a subsidiary of Transcontinental Realty Investors Inc., (NYSE: TCI) a Dallas based real estate investment company, is pleased to announce that Windmill Farms development continues to expand.
  • SPC recently sold a 2 acre parcel for commercial development on the corner of Windmill Farms Blvd and Falcon Way.
  • Priced well and located close to jobs and great schools, Windmill Farms is a highly desirable place for families.
  • SPC also has a significant investment in Windmill Farms and remains very enthusiastic as to overall prospects for the area.

HouseCanary’s Market Pulse Report Shows U.S. Housing Market Continues to Rebound Amidst Uptick in COVID-19 Cases

Wednesday, July 1, 2020 - 9:45pm

HouseCanary, Inc. (HouseCanary), a leading provider of residential real estate data and home valuations, today released its latest Market Pulse report, covering 22 listing-derived metrics and comparing data between the week ending June 26, 2020 and the week ending March 13, 2020.

Key Points: 
  • HouseCanary, Inc. (HouseCanary), a leading provider of residential real estate data and home valuations, today released its latest Market Pulse report, covering 22 listing-derived metrics and comparing data between the week ending June 26, 2020 and the week ending March 13, 2020.
  • The Market Pulse is an ongoing review of proprietary data and insights from HouseCanarys nationwide platform.
  • Despite a gradual rise in COVID-19 cases across the country throughout the back half of June, homebuyers including many first-time buyers entered into contracts and followed through on purchases.
  • Resiliency across the market was further implied by drops in listing removals and price cuts.

Pebblebrook Hotel Trust Provides Update on Second Quarter Operating Trends

Wednesday, July 1, 2020 - 12:15pm

All financial covenants eliminated through Q1 2021, with less-restrictive financial covenants established through mid-year 2022

Key Points: 
  • All financial covenants eliminated through Q1 2021, with less-restrictive financial covenants established through mid-year 2022
    The Company will provide additional details on second quarter operating results and other financial updates on the conference call.
  • To participate in the conference call, please follow the steps listed below:
    Tell the operator that you are calling for Pebblebrook Hotel Trusts Second Quarter 2020 Update Conference Call;
    State your full name and company affiliation and you will be connected to the call.
  • A replay of the conference call webcast will be archived and available online through the Investor Relations section of http://www.pebblebrookhotels.com .
  • Pebblebrook Hotel Trust (NYSE: PEB) is a publicly traded real estate investment trust ("REIT") and the largest owner of urban and resort lifestyle hotels in the United States.

Millennial Homeownership Delayed, Not Denied, According to First American Homeownership Progress Index

Wednesday, July 1, 2020 - 12:00pm

Our annual Homeownership Progress Index accounts for the influence of critical lifestyle, societal and economic trends on the likelihood of owning a home.

Key Points: 
  • Our annual Homeownership Progress Index accounts for the influence of critical lifestyle, societal and economic trends on the likelihood of owning a home.
  • When the HPRI exceeds the actual homeownership rate, it indicates that potential demand for homeownership may be stifled by market forces.
  • Since 2012, potential homeownership demand, based on the lifestyle, societal and economic factors tracked in our HPRI model, has exceeded the actual homeownership rate.
  • The next release of the First American Homeownership Progress Index will be posted in June 2021.

Worldwide Plumbing Fittings and Fixtures Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

Wednesday, July 1, 2020 - 11:17am

The "Plumbing Fittings and Fixtures - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Plumbing Fittings and Fixtures - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Amid the COVID-19 crisis and the looming economic recession, the Plumbing Fittings and Fixtures market worldwide will grow by a projected US$25.3 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 4.3%.
  • The Bathroom Fixtures & Fittings market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned.
  • In Japan, the Bathroom Fixtures & Fittings segment will reach a market size of US$1.7 Billion by the close of the analysis period.

Humphreys Capital Announces $58 Million Raise for Fund I

Wednesday, July 1, 2020 - 11:00am

Humphreys Capital, a leading real estate investment company, today announced the firm raised $58 million in its annual offering of Humphreys Fund I, LLC (Fund I).

Key Points: 
  • Humphreys Capital, a leading real estate investment company, today announced the firm raised $58 million in its annual offering of Humphreys Fund I, LLC (Fund I).
  • It is the largest equity raise for Fund I since its formation in 2012.
  • This years equity raise was 73% larger than in 2019, continuing a trend of increasing capital raises.
  • We are pleased to complete this ninth annual offering of Humphreys Fund I, our most successful capital raise to date, said Kirk Humphreys, Founder and Chief Executive Officer, Humphreys Capital.