Digital Realty Trust Inc., a San Francisco-based real estate investment trust, has priced a public offering of 8.0 million shares of common stock at $30.50 per share.The company said it plans to use the net proceeds from half the shares to pay the redemption price on an equal number of limited partner units delivered by Global Innovation Partners for redemption. Digital Realty has granted the underwriters an option to buy up to 1.2 million additional shares of common stock to cover any overallotments. Merrill Lynch & Co. and Citigroup Corporate and Investment Banking served as the joint book-running managers for the offering. Digital Realty, which focuses on the ownership of technology real estate, can be found online at http://www.digitalrealtytrust.com.
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Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25 -
Independent mortgage bankers lost the most money ever on every loan originated last year due to higher rates and lower volumes, an industry trade group said.
April 25