Welcome!

News Feed Item

Financial Results, Acquisitions and Announcements by REIT Companies - Analyst Notes on NorthStar Realty Finance, Taubman Centers, Glimcher, Retail Properties of America, and Regency Centers

Editor Note: For more information about this release, please scroll to bottom.

NEW YORK, March 10, 2014 /PRNewswire/ --

Today, Analysts Review released its analysts' notes regarding NorthStar Realty Finance Corp. (NYSE: NRF), Taubman Centers Inc. (NYSE: TCO), Glimcher Realty Trust (NYSE: GRT), Retail Properties of America, Inc. (NYSE: RPAI), and Regency Centers Corporation (NYSE: REG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register

NorthStar Realty Finance Corp. Analyst Notes

On February 27, 2014, NorthStar Realty Finance Corp. (NorthStar) reported its Q4 2013 and full-year 2013 financial results. Q4 2013 net loss attributable to NorthStar common stockholders was $10.4 million or $0.04 per diluted share, compared to a net loss of $27.6 million or $0.20 per diluted share in Q4 2012. Full-year 2013 net loss attributable to NorthStar common stockholders was $137.5 million or $0.65 per diluted share, compared to a net loss of $288.6 million or $2.31 per diluted share in 2012. Commenting on the release, David T. Hamamoto, Chairman and CEO of the Company, stated, "We are extremely excited by the variety of opportunities available for NorthStar and will continue focusing on creating shareholder value such as the recently announced spin-off of our asset management business into an independent publicly-traded company, NorthStar Asset Management Group Inc., or NSAM. The spin-off of NSAM remains on track to be completed in the second quarter of 2014." The full analyst notes on NorthStar Realty Finance Corp. are available to download free of charge at:

http://www.AnalystsReview.com/03102014/NRF/report.pdf

Taubman Centers Inc. Analyst Notes

On March 3, 2014, Taubman Centers Inc. (Taubman Centers), together with Coastwood Capital Group, LLC and Queen Emma Land Company, reported the ceremonial groundbreaking for the new International Market Place. According to Taubman Centers, the 360,000 sq. ft. shopping center is scheduled to open in Spring 2016 and will feature open-air retail, dining and entertainment located in the heart of Waikiki, Hawaii. Commenting on the release, Chief Operating Officer, William Taubman, stated, "The revitalized International Market Place will truly complement the Waikiki shopping experience. We will feature many distinctive retailers not found anywhere else in Waikiki, thus creating a dynamic retail and dining destination." The full analyst notes on Taubman Centers Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03102014/TCO/report.pdf

Glimcher Realty Trust Analyst Notes

On February 13, 2014, Glimcher Realty Trust (Glimcher) reported its Q4 2013 and full-year 2013 financial results. Q4 2013 total revenues went up by 12.1% YoY to $102.8 million, while full-year 2013 total revenues went up by 17.2% YoY to $381.8 million. Net loss to common shareholders for Q4 2013 was $49.0 million or $0.34 per diluted share, compared to a net loss of $24.3 million or $0.17 per diluted share in Q4 2012. Net loss to common shareholders for full-year 2013 was $38.0 million or $0.26 per diluted share, compared to a net loss of $30.5 million or $0.23 per diluted share. The full analyst notes on Glimcher Realty Trust are available to download free of charge at:

http://www.AnalystsReview.com/03102014/GRT/report.pdf

Retail Properties of America, Inc. Analyst Notes

On February 18, 2014, Retail Properties of America, Inc. (Retail Properties of America) reported its Q4 2013 and full-year 2013 financial results. Total revenues for Q4 2013 went up by 11.7% YoY to $150.7 million, while total revenues for full-year 2013 went up by 3.7% YoY to $551.2 million. Q4 2013 net income attributable to common shareholders was $34.7 million or $0.15 per diluted share, compared to net income of $13.9 million or $0.06 per diluted share in Q4 2012. Full-year 2013 net income attributable to common shareholders was $34.7 million, compared to a net loss attributable to common shareholders of $0.7 million in 2012. Commenting on the release, Steve Grimes, President and CEO of the Company, stated, "2013 was another year of strong financial and operational performance. Our results continue to demonstrate the strength and quality of our portfolio and position RPAI well for 2014 and beyond, as we continue to focus on driving value for our shareholders." The full analyst notes on Retail Properties of America, Inc. are available to download free of charge at:

http://www.AnalystsReview.com/03102014/RPAI/report.pdf

Regency Centers Corporation Analyst Notes

On February 28, 2014, Regency Centers Corporation (Regency Centers) announced the acquisition of the Shops at Mira Vista in Austin, TX, which is a 68,340 sq. ft. neighborhood shopping center. According to Regency Centers, the shopping center offers a diverse mix of upscale retailers and restaurants. Commenting on the release, Stuart Brackenridge, Vice President, Transactions, stated, "The acquisition of the Shops at Mira Vista fits perfectly with our strategy to invest in class A centers located in high-barrier markets. Austin is a booming economic market and this center is strategically placed to serve the thriving community that surrounds it. Currently, the center is 98% leased with strong interest in the last remaining vacancy." The full analyst notes on Regency Centers Corporation are available to download free of charge at:

http://www.AnalystsReview.com/03102014/REG/report.pdf

About Analysts Review

We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

EDITOR NOTES:

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Analysts Review

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
Hostway Services, Inc. and WSM International have partnered to deliver trouble free migration services for any organization that wishes to bring their IT infrastructure to Hostway's Azure managed cloud services. WSM is the leader in providing turn-key IT migration services since 2003 and is now the preferred provider to any Hostway customer that is seeking to move its computer infrastructure to the Hostway Azure-based cloud.
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
"We formed Formation several years ago to really address the need for bring complete modernization and software-defined storage to the more classic private cloud marketplace," stated Mark Lewis, Chairman and CEO of Formation Data Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?