National Retail Properties Inc., a real estate investment trust based in Orlando, Fla., has priced a public offering of 4 million shares of common stock at $25.94 per share.The underwriters were granted an option to buy up to 600,000 additional shares to cover any overallotments. Citigroup Global Markets Inc. and Wachovia Capital Markets LLC were the joint book-running managers for the offering. National Retail Properties, which focuses primarily on properties subject to long-term net leases, can be found online at http://www.nnnreit.com.
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Five years after the Champlain Towers South collapse, while overall condo sales have held steady, the Miami market has had an 8 percentage point drop in share.
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The notice of proposed rulemaking promotes manufactured housing loans backed by personal property while advising the rollback of requirements in other areas.
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Low immigration and fertility rates paired with aging boomers could weaken the foundation of housing demand over the next decade, the MBA finds.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
June 23 -
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
June 23 -
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
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