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Welltower and Invesco Real Estate Announce $850 Million Medical Office Building Joint Venture
Nov 12, 2019 1:20 AM ET

Welltower and Invesco Real Estate Announce $850 Million Medical Office Building Joint Venture

iCrowdNewswire - Nov 12, 2019 - TOLEDO, Ohio-- Welltower Inc. (NYSE: WELL) and Invesco Real Estate ("Invesco"), a global real estate investment manager, today announced an $850 million joint venture partnership comprising a portfolio of 35 medical office buildings spanning 2.6 million square feet. The portfolio was  previously wholly owned by Welltower. The properties are 100% affiliated with health systems and have a weighted average lease term of five years. With an average age of 19 years, these properties. [more...]

Realtors® Annual Expo: Low Unemployment, Low Interest Rates, but Higher Housing Cost
Nov 12, 2019 1:16 AM ET

Realtors® Annual Expo: Low Unemployment, Low Interest Rates, but Higher Housing Cost

iCrowdNewswire - Nov 12, 2019 - SAN FRANCISCO-- Analysts and researchers who calculate and distribute some of the most coveted housing data in the nation took the stage Friday at the National Association of Realtors®' Residential Economic Issues & Trends Forum during the 2019 Realtors® Conference & Expo in San Francisco, California. The five presenters, each staff members of NAR's research team, discussed historically low mortgage rates, recent home buyers' behaviors and expectations for 2020's housing market, among other topics. The. [more...]

Greater San Diego Association of REALTORS® and San Diego MLS Launch New Member Portal Powered by MMSI
Nov 12, 2019 1:06 AM ET

Greater San Diego Association of REALTORS® and San Diego MLS Launch New Member Portal Powered by MMSI

iCrowdNewswire - Nov 12, 2019 - SAN FRANCISCO-- The Greater San Diego Association of REALTORS® and San Diego MLS announced today the launch of their exclusive, new Member Portal, San Diego | One, powered by MMSI. The new member-friendly, intuitive portal for San Diego real estate professionals provides a centralized location for business building and management tools for association and MLS members. As the premier, San Diego real estate association and MLS provider, SDAR and SDMLS recognize the importance and need to provide. [more...]

Florida Realtors®, National Association of Estate Agents (NAEA) Propertymark Sign Agreement for the Future
Nov 12, 2019 1:03 AM ET

Florida Realtors®, National Association of Estate Agents (NAEA) Propertymark Sign Agreement for the Future

iCrowdNewswire - Nov 12, 2019 - SAN FRANCISCO-- Florida Realtors® and the National Association of Estate Agents (NAEA)/Propertymark in the United Kingdom have signed a joint Memorandum of Understanding (MoU). Leaders of the two real estate professional organizations signed the agreement during the National Association of Realtors® (NAR) Conference and Trade Expo taking place in San Francisco, Nov. 8-11, 2019. The MoU agreement establishes the cooperation of the two Realtor organizations in developing a mutually beneficial relationship for their respective members, setting the. [more...]

CALIFORNIA ASSOCIATION OF REALTORS® installs 2020 Leadership team
Nov 12, 2019 12:55 AM ET

CALIFORNIA ASSOCIATION OF REALTORS® installs 2020 Leadership team

iCrowdNewswire - Nov 12, 2019 - LOS ANGELES-- The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today installed its 2020 Leadership Team. Leading the team is C.A.R. President Jeanne Radsick, a Central Valley real estate broker in Bakersfield, Calif. Serving with Radsick are President-elect Dave Walsh, Treasurer Jennifer Branchini and Chief Executive Officer Joel Singer. The 2020 officers begin their official term this week at the close of the NATIONAL ASSOCIATION OF REALTORS® (NAR) Conference and Expo held in San Francisco. Jeanne Radsick Radsick, a 30-plus-year real estate veteran with Century 21 Jordan-Link. [more...]

Mark and Susan Freeburg are being recognized by Continental Who
Nov 12, 2019 12:44 AM ET

Mark and Susan Freeburg are being recognized by Continental Who’s Who

iCrowdNewswire - Nov 12, 2019 - ANOKA COON RAPIDS, Minn.-- Mark and Susan Freeburg are being recognized by Continental Who's Who as Top Realtor Team in the field of Residential Real Estate and for their outstanding contributions to Edina Realty and Berkshire Hathaway Home Services of America.    Mark and Susan Freeburg are experienced realtors with combined business experience of over 50 years, serving 38 years directly in the real estate market.  As Real Estate Agents with Edina Realty, they. [more...]

Karmanos Cancer Institute recognized its 2019 Heroes of Cancer
Nov 11, 2019 2:58 AM ET

Karmanos Cancer Institute recognized its 2019 Heroes of Cancer

iCrowdNewswire - Nov 11, 2019 - DETROIT-- The Barbara Ann Karmanos Cancer Institute recognized its 2019 Heroes of Cancer at an evening reception held Nov. 6, at The Gem Theatre, in Detroit. This year's event celebrated Karmanos' 25th year of honoring individuals and organizations that have distinguished themselves and inspired others as they advocate for and raise awareness of all types of cancers. More than 150 guests gathered to pay tribute to these unsung heroes. Ann Delisi, radio/television personality and host of Ann. [more...]

Lowe
Nov 11, 2019 2:55 AM ET

Lowe’s Companies, Inc. Declares Cash Dividend

iCrowdNewswire - Nov 11, 2019 - MOORESVILLE, N.C.-- The Board of Directors for Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of fifty-five cents ($0.55) per share, payable February 5, 2020, to shareholders of record as of January 22, 2020. Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving more than 18 million customers a week in the United States and Canada. With fiscal year 2018 sales of $71.3 billion, Lowe's and its related businesses operate or service more than 2,200. [more...]

Main Street Clinical Associates, PA Provides Notice of Data Security Incident
Nov 11, 2019 2:52 AM ET

Main Street Clinical Associates, PA Provides Notice of Data Security Incident

iCrowdNewswire - Nov 11, 2019 - DURHAM, N.C.-- Although it has no confirmation that personal or protected health information was viewed without authorization, Main Street Clinical Associates, PA ("Main Street") in Durham, North Carolina announced today that it has taken action after becoming aware of potential unauthorized access to patient information.  Out of an abundance of caution, Main Street is providing notice of this event to potentially impacted individuals, as well as certain regulators.  What Happened? On April 10, 2019, the. [more...]

2019 California Economic Summit Bolsters Commitment to Propel Inland Economic Growth and the California Dream
Nov 11, 2019 2:09 AM ET

2019 California Economic Summit Bolsters Commitment to Propel Inland Economic Growth and the California Dream

iCrowdNewswire - Nov 11, 2019 - FRESNO, Calif.-- The 2019 California Economic Summit concluded today in Fresno, marking its eighth and largest gathering where more than 900 public, private and civic leaders from across California came together to commit to policies and programs that will make the California dream accessible to all. The Summit focused on workforce development, education, housing, infrastructure and ecosystem vitality, with an emphasis on lifting economic growth in all regions of state. Governor Gavin Newsom addresses more than 900 public,. [more...]

Realtors® Annual Expo: Low Unemployment, Low Interest Rates, but Higher Housing Cost
Nov 11, 2019 2:05 AM ET

Realtors® Annual Expo: Low Unemployment, Low Interest Rates, but Higher Housing Cost

iCrowdNewswire - Nov 11, 2019 - SAN FRANCISCO-- Analysts and researchers who calculate and distribute some of the most coveted housing data in the nation took the stage Friday at the National Association of Realtors®' Residential Economic Issues & Trends Forum during the 2019 Realtors® Conference & Expo in San Francisco, California.   The five presenters, each staff members of NAR's research team, discussed historically low mortgage rates, recent home buyers' behaviors and expectations for 2020's housing market, among other topics.. [more...]

Jim Fite, President & Chief Executive Officer, CENTURY 21 Judge Fite Company Receives Leadership Award From RISMedia, Inc.
Nov 11, 2019 2:03 AM ET

Jim Fite, President & Chief Executive Officer, CENTURY 21 Judge Fite Company Receives Leadership Award From RISMedia, Inc.

iCrowdNewswire - Nov 11, 2019 - MADISON, N.J.-- Century 21 Real Estate LLC announced today that Jim Fite, president and chief executive officer of CENTURY 21 Judge Fite Company, was honored with "The Real Estate Leadership Award" at RISMedia's 24th Annual Power Broker Reception & Dinner at the Fairmont in San Francisco. Fite was honored as an industry visionary who embraces innovation and exercises resilience to blaze new paths to success for real estate professionals and consumers alike. Since taking over the. [more...]

Ambac Reports Third Quarter 2019 Results
Nov 8, 2019 11:00 AM ET

Ambac Reports Third Quarter 2019 Results

iCrowdNewswire - Nov 8, 2019 - NEW YORK-- Ambac Financial Group, Inc. (Nasdaq: AMBC) ("Ambac"), a financial services holding company whose subsidiaries include Ambac Assurance Corporation ("AAC") and Ambac Assurance UK Limited ("Ambac UK"), run-off financial guaranty insurance companies that guarantee public finance and structured finance obligations, today reported Net Income attributable to common stockholders of $66.1 million or $1.41 per diluted share and Adjusted Earnings(1) of $76.8 million or $1.63 per diluted share for the quarter. [more...]

Freddie Mac Prices $448 Million Seniors Housing Multifamily K Certificates
Nov 7, 2019 11:41 PM ET

Freddie Mac Prices $448 Million Seniors Housing Multifamily K Certificates

iCrowdNewswire - Nov 7, 2019 - MCLEAN, Va.-- Freddie Mac (OTCQB: FMCC) Multifamily recently priced an offering of Structured Pass-Through Certificates (K Certificates) backed exclusively by multifamily mortgages on seniors housing properties. The company offered approximately $448 Million in K Certificates (K-S13 Certificates) backed by two loans, each with floating-rate components and, collectively, twenty-seven underlying properties controlled directly or indirectly by KKR, as described in the offering documents. K-S13 is expected to settle on or about November 15,. [more...]

CanWel Building Materials Announces Third Quarter 2019 Financial Results
Nov 7, 2019 11:38 PM ET

CanWel Building Materials Announces Third Quarter 2019 Financial Results

iCrowdNewswire - Nov 7, 2019 - VANCOUVER, British Columbia-- CanWel Building Materials Group Ltd. (“CanWel” or “the Company”) (TSX:CWX; CWX.NT.A) announced today its third quarter 2019 financial results(1) for the period ended September 30, 2019. For the three-month period ended September 30, 2019(1), consolidated revenues increased by 6.6% to $373.2 million when compared to $350.2 million in the same period in 2018.  Sales for the Distribution segment increased by $24.5 million or 7.3%, largely due to the. [more...]

Flushing Bank Maintains Its Investment Grade Rating by Kroll Bond Rating Agency, Inc.
Nov 7, 2019 11:30 PM ET

Flushing Bank Maintains Its Investment Grade Rating by Kroll Bond Rating Agency, Inc.

iCrowdNewswire - Nov 7, 2019 - UNIONDALE, N.Y.-- Flushing Financial Corporation (the “Company”) (Nasdaq-GS: FFIC), the parent holding company for Flushing Bank (the “Bank”), announced today that Kroll Bond Rating Agency (“KBRA”), a full-service rating agency, reaffirmed an investment grade rating for the Company and the Bank. These ratings are based on KBRA’s Bank and Bank Holding Company Global Rating Methodology, which evaluates liquidity, asset quality, capital adequacy, and earnings. KBRA revised the outlook for all. [more...]

Extendicare Announces 2019 Third Quarter Results
Nov 7, 2019 11:26 PM ET

Extendicare Announces 2019 Third Quarter Results

iCrowdNewswire - Nov 7, 2019 - MARKHAM, Ontario-- Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and nine months ended September 30, 2019. Results are presented in Canadian dollars unless otherwise noted. “We are pleased with our progress and continue to make important improvements on several fronts,” said Chief Executive Officer, Dr. Michael Guerriere. “We increased our retirement living capacity with the recent opening of a new 124-suite retirement community,. [more...]

CareTrust REIT Announces Third Quarter 2019 Operating Results
Nov 7, 2019 11:22 PM ET

CareTrust REIT Announces Third Quarter 2019 Operating Results

iCrowdNewswire - Nov 7, 2019 - SAN CLEMENTE, Calif.-- CareTrust REIT, Inc. (Nasdaq:CTRE) today reported operating results for the quarter ended September 30, 2019, as well as other recent events. For the quarter, CareTrust REIT reported: Net loss of $10.1 million and net loss per diluted weighted-average common share of $0.11; Normalized FFO of $33.6 million and normalized FFO per diluted weighted-average common share of $0.35; Normalized FAD of $34.5 million and normalized FAD per diluted. [more...]

Shane
Nov 7, 2019 5:57 AM ET

Shane’s Rib Shack Salutes Active, Retired Service Members With Military Appreciation Week

iCrowdNewswire - Nov 7, 2019 - ATLANTA-- Shane's Rib Shack (Shane's) is showing its gratitude to local veterans and military service members through its annual Military Appreciation Week, which will feature food giveaways, honorary catered meals, letter writing campaigns and other initiatives. Participating Shane's Rib Shack locations will honor America's heroes by giving away a complimentary Shane's signature Big Dad® Sandwich Combo to each active and retired military personnel from Monday, Nov. 11 through Wednesday, Nov. 13. A Big Dad® consists of slow-smoked, freshly chopped. [more...]

Healthpeak™ Prices $750 Million of 3.000% Senior Unsecured Notes due 2030
Nov 7, 2019 5:55 AM ET

Healthpeak™ Prices $750 Million of 3.000% Senior Unsecured Notes due 2030

iCrowdNewswire - Nov 7, 2019 - IRVINE, Calif.-- Healthpeak Properties, Inc. (NYSE: PEAK) announced today that it has priced a public offering of $750 million aggregate principal amount of 3.000% senior unsecured notes due 2030. The price to investors was 99.640% of the principal amount of the notes. Healthpeak intends to use the net proceeds from the offering (i) to fund the redemption of all $350 million of Healthpeak's 4.000% senior unsecured notes due December 2022 and (ii) to repay outstanding borrowings under its revolving credit. [more...]

U.S. Homeowners Found Far More Likely To Be Equity Rich Than Seriously Underwater In Q3 2019
Nov 7, 2019 5:53 AM ET

U.S. Homeowners Found Far More Likely To Be Equity Rich Than Seriously Underwater In Q3 2019

iCrowdNewswire - Nov 7, 2019 - IRVINE, Calif.-- ATTOM Data Solutions, curator of the nation's premier property database and first property data provider of Data-as-a-Service (DaaS), today released its third-quarter 2019 U.S. Home Equity & Underwater Report, which shows that 14.4 million residential properties in the United States were considered equity rich, meaning that the combined estimated amount of loans secured by those properties was 50 percent or less of their estimated market value. The count of equity rich properties. [more...]

ERA Announces Affiliation With First Service Realty; Company Becomes Brand
Nov 7, 2019 5:49 AM ET

ERA Announces Affiliation With First Service Realty; Company Becomes Brand’s Largest Affiliate In South Florida

iCrowdNewswire - Nov 7, 2019 - MADISON, N.J.-- ERA Real Estate, a global franchising leader, today announced its affiliation with First Service Realty, headquartered in Miami, Florida. With nearly 400 independent affiliated sales agents and nine offices, the company becomes the largest ERA® affiliate in South Florida and the 21st in the state.  Established in 1982, the company will now serve clients in Miami-Dade and Broward counties as First Service Realty ERA Powered. The ERA Powered® branding model allows a broker who has invested in building local brand. [more...]

Tech-Enabled Home Renovation Company Curbio Inc. and Berkshire Hathaway PenFed Realty Announce Alliance
Nov 7, 2019 5:48 AM ET

Tech-Enabled Home Renovation Company Curbio Inc. and Berkshire Hathaway PenFed Realty Announce Alliance

iCrowdNewswire - Nov 7, 2019 - POTOMAC, Md.-- Curbio Inc., the fast-growing real estate technology company that specializes in pre-sale home renovations, announced a working relationship with Berkshire Hathaway PenFed Realty, a nationally ranked full-service real estate services firm. Curbio is the only turn-key solution that makes pre-sale renovation fast, easy and profitable for home sellers. The company renovates homes before they are listed so they can sell quickly for the best possible price and defers payment until. [more...]

Redfin Third-Quarter 2019 Revenue up 70% Year-over-Year to $239 Million
Nov 7, 2019 5:46 AM ET

Redfin Third-Quarter 2019 Revenue up 70% Year-over-Year to $239 Million

iCrowdNewswire - Nov 7, 2019 - SEATTLE-- Redfin Corporation (NASDAQ: RDFN) today announced financial results for the third quarter ended September 30, 2019. All financial measures, unless otherwise noted, are presented on a GAAP basis and include stock-based compensation as well as depreciation and amortization expenses. Revenue increased 70% year-over-year to $239 million during the third quarter. Gross profit was $53.4 million, an increase of 26% from $42.3 million in the third quarter of 2018. Real estate services gross profit was $54.1 million, an. [more...]

CIT Leads $80 Million Revolving Credit Facility for AerFin Holdings
Nov 6, 2019 1:30 AM ET

CIT Leads $80 Million Revolving Credit Facility for AerFin Holdings

iCrowdNewswire - Nov 6, 2019 - NEW YORK-- CIT Group Inc. (NYSE: CIT) today announced that its Aerospace, Defense and Government Services business served as administrative agent, security agent and lead lender on an $80 million senior secured revolving credit facility for AerFin Holdings. Founded in 2010, AerFin is a leading global specialist that provides aircraft end-of-life services and cost-saving aftermarket support solutions to the aviation industry. The credit facility was arranged in part to support the recent acquisition of AerFin by Catacap,. [more...]

PetScreening and S2 Residential Announce Partnership
Nov 6, 2019 1:27 AM ET

PetScreening and S2 Residential Announce Partnership

iCrowdNewswire - Nov 6, 2019 - CHARLOTTE, N.C.-- PetScreening, a first-of-its-kind screening platform that empowers property managers to outsource their pet risk assessment and assistance animal validation processes at no charge, today announced it has partnered with S2 Residential to implement its platform at more than 16,000 apartment homes spanning 43 communities.  S2 Capital, LLC/S2 Residential is a Texas-based firm that specializes in buying B- and C-quality assets that are physically or operationally distressed in well located markets. [more...]

365 Connect Wins GlobalTrend Award for Its Industry-First ADA Certified Multifamily Housing Platform
Nov 6, 2019 1:23 AM ET

365 Connect Wins GlobalTrend Award for Its Industry-First ADA Certified Multifamily Housing Platform

iCrowdNewswire - Nov 6, 2019 - NEW ORLEANS-- 365 Connect, a leading provider of award-winning digital marketing, leasing and resident service platforms for the multifamily housing industry, announced today that the company has received a GlobalTrend Award for its industry-first WCAG Certified platform. This prestigious, international award recognizes 365 Connect's dedication to digital inclusion across the rental housing industry and beyond. Receiving entries from over 30 countries around the globe this year, the GlobalTrend Awards is an international competition, administered and judged by the International. [more...]

The Burgess Brothers launches national cause marketing campaign to benefit Habitat for Humanity
Nov 6, 2019 1:20 AM ET

The Burgess Brothers launches national cause marketing campaign to benefit Habitat for Humanity

iCrowdNewswire - Nov 6, 2019 - ATLANTA and SACRAMENTO, Calif.-- The Burgess Brothers LLC is proud to announce its national partnership with Habitat for Humanity International in support of its work to build strength, stability and self-reliance through affordable shelter.  Driven by their core values of diversity, equality, accountability and commitment, founders Jonathan and Matthew Burgess are dedicated to giving back to communities across the U.S.  The company pledged a minimum donation of $100,000 to Habitat, including a donation of $2,500 directly to Habitat for. [more...]

Pacific Oak Strategic Opportunity REIT, Inc. Acquires Reven Housing REIT, Inc.
Nov 6, 2019 1:17 AM ET

Pacific Oak Strategic Opportunity REIT, Inc. Acquires Reven Housing REIT, Inc.

iCrowdNewswire - Nov 6, 2019 - LOS ANGELES-- Pacific Oak Strategic Opportunity REIT, Inc. (formerly known as KBS Strategic Opportunity REIT, Inc.), a Maryland corporation ("SOR"), announced today the closing of the previously announced merger of Reven Housing REIT, Inc., a Maryland corporation (the "Company" or "Reven"), with SOR PORT, LLC, a Maryland limited liability company and an indirect, wholly-owned subsidiary of SOR, for approximately $56.6 million in cash, or $5.13 per share of Reven common stock.  At the closing of the merger, Reven became an indirect, wholly-owned. [more...]

Bank of the West and Fintech Brex Offer Corporate Card to Emerging Growth Companies and Small Multinationals
Nov 6, 2019 1:07 AM ET

Bank of the West and Fintech Brex Offer Corporate Card to Emerging Growth Companies and Small Multinationals

iCrowdNewswire - Nov 6, 2019 - SAN FRANCISCO-- Bank of the West, a subsidiary of BNP Paribas, and Brex, the corporate card that accelerates entrepreneurs and scaling businesses, today announced a co-branded corporate card with no security deposit and no requirement for U.S. credit history. As the first co-branded corporate card announced by Brex, this card supports Bank of the West's focus on enhancing the business solutions available to its commercial clients and follows the recent. [more...]