Standard & Poor's has announced that Agree Realty Corp. and Strategic Hotels & Resorts Inc. will replace two other real estate investment trusts in its S&P REIT Composite Index.Agree will replace CentraCore Properties Trust, which is being acquired by The Geo Group, after the close of trading on Jan. 24, S&P said. Strategic Hotels will replace Reckson Associates Realty Corp., which is being acquired by SL Green Realty Corp. (a constituent of the index), after the close of trading on Jan. 25. Agree, based in Farmington Hills, Mich., is a retail REIT, and Strategic Hotels, based in Chicago, is a lodging REIT. S&P can be found online at http://www.standardandpoors.com.
-
Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.
37m ago -
The mortgage lender and servicer announced that Ranjit Bhattacharjee, a capital markets veteran, and Kevin Barker, a financial analyst with two decades of experience, have joined its ranks.
1h ago -
Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.
6h ago -
Texas Capital Bank wants to bring the Administrative Procedures Act into the case, but Ginnie Mae said the legal proceedings are outside its scope.
6h ago -
Better's home equity loan product can be originated in a week or less, the company says.
6h ago -
The top five producers had an average dollar loan volume of more than $140 million in 2023.
10h ago