10.10.2013 14:00:00
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Earnings Schedules, Acquisitions, Note Offerings, and Appointments Reported by Financial Companies - Research Report on Equity Residential, BRE Properties, UDR, DCT Industrial Trust, and CBL
NEW YORK, October 10, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Equity Residential (NYSE: EQR), BRE Properties Inc. (NYSE: BRE), UDR, Inc. (NYSE: UDR), DCT Industrial Trust Inc. (NYSE: DCT), and CBL & Associates Properties Inc. (NYSE: CBL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Equity Residential Research Report
On October 3, 2013, Equity Residential (Equity Residential) announced that it will release its Q3 2013 operating results on Wednesday, October 30, 2013, after the market hours. The Company informed that it will host a conference call to discuss results on the following day, Thursday, October 31, 2013, at 10:00 a.m. CT, which will be made available via webcast on the Equity Residential website, under the investor section. The Full Research Report on Equity Residential - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1c20_EQR]
BRE Properties Inc. Research Report
On September 30, 2013, BRE Properties Inc. (BRE Properties) announced the acquisition of Jefferson, a Class A Apartment Community at Hollywood, for a purchase price of $120.5 million. According to the Company, the community of 270 apartment homes, located in the resurgent Hollywood sub-market of Los Angeles, California, was acquired on an unencumbered basis with proceeds from the Company's revolving credit facility. In connection with the acquisition, BRE Properties informed that it intends to dispose of several slower growth, non-core communities through a reverse like-kind exchange, which is expected to be completed by Q4 2014.Commenting on the acquisition, Constance B. Moor, President and CEO of the Company said, "This transaction is a component of our strategy to improve the Company's portfolio quality by disposing of non-core communities and recycling capital into our high-barrier, in-fill development pipeline as well as select acquisitions such as Jefferson at Hollywood." The Full Research Report on BRE Properties Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/087d_BRE]
UDR, Inc. Research Report
On October 7, 2013, UDR, Inc. (UDR) announced that it will release its Q3 2013 financial results on Tuesday, October 29, 2013, at 8:00 a.m. EDT. According to the Company, it will also host a conference call on the same day at 1:00 p.m. EDT. Additionally, UDR stated that during the conference call, the Company officers will review its Q3 2013 performance, discuss recent events, which will be followed by a Q&A session. The Full Research Report on UDR, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/4d28_UDR]
DCT Industrial Trust Inc. Research Report
On October 2, 2013, DCT Industrial Trust Inc. (DCT Industrial Trust) announced that its operating partnership subsidiary, DCT Industrial Operating Partnership LP (the Operating Partnership),has priced an offering of $275 million aggregate principal amount of 4.5% notes due 2023 at 99.04% of face value in a private placement exempt from the registration requirements of the Securities Act of 1933, as amended. The Company informed that it expects the offering to close on October 9, 2013 and intends to use the proceeds from the offering to repay existing indebtedness, including its $175.0 million senior unsecured term loan, $50.0 million of senior unsecured fixed rate notes and borrowings under its revolving credit facility, as well as for general corporate purposes. The Full Research Report on DCT Industrial Trust Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2d2d_DCT]
CBL & Associates Properties Inc. Research Report
On October 1, 2013, CBL & Associates Properties Inc. (CBL) announced that it has included Mike Harrison to its senior management team as the Company's Senior Vice President - Strategic and Technology Initiatives. According to CBL, in his new role, Harrison will provide leadership and oversight of new strategic initiatives and technology solutions with the goal of improving the Company's operations. Commenting on the appointment, Stephen Lebovitz, President and CEO of the Company said, "Mike is a great addition to the CBL team, bringing a broad and unique background of expertise in finance, technology and strategic planning. With our focus today on positioning CBL to capture future growth, we are confident that Mike will play an important role in ensuring that CBL has the right systems and resources in place." The Full Research Report on CBL & Associates Properties Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/8bd5_CBL]
EDITOR NOTES:
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