Construction Maison

Milestone Apartments REIT has entered into an agreement with Starwood Capital Group to acquire, by way of merger, Landmark Apartment Trust for $8.17 per Landmark share in cash, representing a total enterprise value of approximately $1.9 billion. The acquisition is expected to close in early 2016. Kirkland & Ellis LLP advised Starwood Capital Group and Milestone Apartments REIT in connection with the agreement’s execution. Milestone announced the acquisition of 100 percent interest in 15 high-quality, garden- style properties totaling 4 ,172 units from Landmark Apartment Trust for a gross purchase price of $502 million. The properties average 10 years in age. This acquisition is in line with the REIT’s growth strategy to enhance its portfolio and improve its operating margins and cash-flow position. Starwood will acquire Landmark’s interest in 63 properties, to be managed by the REIT. Milestone also announced its Board of Trustees has approved an approximate 11 percent incr...

CBRE SL Green sells suburban office property for $97M SL Green and TH Real Estate have sold Stamford Towers in Stamford, CT for $97 million. Jeffrey Dunne, David Gavin and Travis Langer of CBRE’s Institutional Properties represented the sellers. CBRE Global Investors purchased the Property. Stamford Towers is comprised of two adjacent Class A office buildings located in the Stamford CBD, one block from the Stamford Transportation Center . The property is also near the 722,000 s/f Stamford Town Center Mall (anchored by Macy’s, Barnes & Noble, H&M, and Saks Off 5th) as well as dozens of restaurants and retails options. Stamford Towers is currently leased to institutional and high credit tenants , including Citigroup, UBS Financial Services , H/ 2 Credit Manager , Titan Advisors, Gerald Metals, Bank of Ireland, Oaktree Capital, Oppenheimer, CoreCommodity and Newmark, among others. Recent capital improvements include the addition of a fitness center and basketball court, c...

US Concrete Inc (NASDAQ:USCR) Q2 2017 Earnings Conference Call August 08, 2017 10:00 AM ET Executives Kevin Kohutek - Vice President and Chief Accounting Officer Bill Sandbrook - President and Chief Executive Officer Analysts Trey Grooms - Stephens Inc Adam Thalhimer - Thompson, Davis Scott Schrier - Citi Craig Bibb - CJS Securities Stanley Elliott - Stifel Nicolaus Roresa Mojo - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the U.S. Concrete, Inc. Second Quarter 2017 Earnings Conference Call . [ Operator Instructions ] I would now like to introduce your host for today's conference, Kevin Kohutek, Vice President and Chief Accounting Officer . You may begin. Kevin Kohutek Thank you, Israh. Good morning, and welcome to U.S. Concrete's Second Quarter 2017 Earnings Conference Call . Joining me on the call today is Bill Sandbrook, our President and Chief Executive Officer . Bill and I will make some prepared remarks, after which we will open the call to your ...

BICX's SI was 14,200 shares in August as released by FINRA. About 463,833 shares traded or 0.79% up from the average. 15, 2017, the shares were bought at an average price of $12.92, giving away a sum of $200,131. About 782,475 shares traded. It is down 26.05% since August 11, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have given a buy rating to the company's stock. Therefore 46% are positive. Huntington Bancshares Incorporated had 51 analyst reports since August 6, 2015 according to SRatingsIntel. The total value of its holdings decreased 53.6%. 4,196,038 shares of the company's stock traded hands . The stock has "Outperform" rating by Wedbush on Thursday, October 27. The firm earned "Equal Weight" rating on Tuesday, January 3 by Barclays Capital. Now the shares of Huntington Bancshares Incorporated (HBAN) has th...