Brandywine Realty Trust, a real estate investment trust based in Plymouth Meeting, Pa., has filed a $1.5 billion universal shelf registration statement with the Securities and Exchange Commission.The registration statement, which has not yet become effective, would allow Brandywine to register $750 million of debt securities and $750 million of preferred and common stock and other securities. The filing would replenish the capacity under the shelf registration filled by Brandywine in 2004, the company said. The REIT can be found online at http://www.brandywinerealty.com.
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Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2 -
The Bureau of Labor Statistics report showed the labor force continued to expand but at a weaker rate than in recent months. The development weakens the case for a near-term rate hike.
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