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US Mortgage Applications Surge As Rates Dip: Is The Industry Moving Out Of The Woods? Plus: Stocks, ETFs To Watch
Wednesday, November 22, 2023 - 1:04pm | 674The latest data from the Mortgage Bankers Association (MBA) revealed a significant uptick in U.S. mortgage applications, marking a 3% increase from the previous week and the sharpest weekly rise in two months. The surge came during a decrease in the average contract interest rate for 30-year fixed-...
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Rexford Industrial Realty Falls 2% On Share Offering, Cites 'Potential Acquisition Opportunities'
Tuesday, April 12, 2016 - 8:38am | 166Shares of Rexford Industrial Realty Inc (NYSE: REXR) were trading lower by more than 2 percent early Tuesday morning after the company announced a common stock offering. Rexford Industrial announced the pricing of an underwritten public offering of 9 million shares of its stock at a price of $17.65...
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Spirit Realty Capital Falls 2% On Share Upsize Offering
Tuesday, April 12, 2016 - 7:44am | 158Shares of Spirit Realty Capital, Inc (NYSE: SRC) were trading lower by around 2 percent at $11.26 early Tuesday morning after the company announced an upsize to a previously announced public offering. Spirit Realty announced the pricing of its underwritten public offering of 30 million shares...
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2 Healthcare REITs Stifel Is Buying On Valuation
Wednesday, August 26, 2015 - 12:14pm | 351Stifel analyst Daniel Bernstein believes the recent market dip has created some big value for two healthcare REITs. In a new report, Stifel upgrades Healthcare Realty Trust Inc (NYSE: HR) and Healthcare Trust of America (NYSE: HTA) to Buy. MOB REITs The two REITs that Bernstein focuses on in...
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The Biggest REIT Story Of 2014
Tuesday, December 30, 2014 - 11:24am | 685The biggest REIT story of the past year did not involve the success or struggles of any one REIT. Looking back at 2014, the biggest REIT story of the year would have to be the relative outperformance of the equity REIT asset class versus the broader market of common stocks. One easy way to...