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
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business - from apparel to energy - is being rewritten by software. From planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
What's the role of an IT self-service portal when you get to continuous delivery and Infrastructure as Code? This general session showed how to create the continuous delivery culture and eight accelerators for leading the change. Don Demcsak is a DevOps and Cloud Native Modernization Principal for Dell EMC based out of New Jersey. He is a former, long time, Microsoft Most Valuable Professional, specializing in building and architecting Application Delivery Pipelines for hybrid legacy, and cloud ...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to ma...
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud com...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to w...
21st International Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Me...
@DevOpsSummit at Cloud Expo taking place Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center, Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is ...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, Doug Vanderweide, an instructor at Linux Academy, discussed why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers wit...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...