S&P Adds REIT to SmallCap Index

Published May 25, 2005, 2:00 p.m. EDT

1 Min Read

Acadia Realty Trust, a White Plains, N.Y.-based real estate investment trust, has replaced Boston Communications Group in the Standard & Poor's SmallCap 600 Index.S&P said the company will be added to the index's REIT sub-industry index. The overall index consists of 600 domestic stocks chosen for market size, financial viability, liquidity, and industry sector representation. The shopping center REIT, which owns and develops properties chiefly in the Eastern United States, can be found on the Web at http://www.acadiarealty.com.

Processing Content

For reprint and licensing requests for this article, click here.

MORE FROM NATIONAL MORTGAGE NEWS

Reverse mortgages

HECM endorsements climb even as securitization slips

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.

By Spencer Lee
Technology Reporter

July 2
M&A

Two Harbors shareholders finally approve CrossCountry deal

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.

By Brad Finkelstein
Originations Editor

July 2
Cyber Security

UWM sued over vendor data breach

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.

By Andrew Martinez
Reporter

July 2
Secondary markets

Freddie Mac tightens condo and manufactured home loan rules

The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.

By Bonnie Sinnock
Capital Markets Editor

July 2
Mortgage rates

Mortgage rates slip to lowest point since mid-May

The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.

By Brad Finkelstein
Originations Editor

July 2
Economic indicators

US added 57,000 jobs in June; Fed outlook muddied

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.

By Kyle Campbell
Staff writer

July 2

Load More