Equity Office Properties Trust, Chicago, has reported net income of $100.9 million ($0.25 per share) for the first quarter, compared with $65.3 million ($0.16 per share) for the first quarter of 2004.Funds from operations for the first quarter totaled $302.1 million ($0.66 per share), the office real estate investment trust said, about the same as the FFO of $302.4 million for the first quarter of 2004. "Office markets across the country are continuing to improve," said Richard D. Kincaid, EOPT's president and chief executive officer. "We expect limited construction of new space through 2006, and see positive trends in occupancy, job growth, and office space absorption. With these positive signs, we anticipate steady improvement and an increase in leasing activity in many of our markets."
-
The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
7h ago -
The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
8h ago -
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
8h ago -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
11h ago -
The tool will provide helpful HELOC-related information to customer support staff to streamline the application process, Figure said Thursday.
April 18 -
The five states with the lowest property taxes have an average effective real-estate tax rate of 0.44%.
April 18