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Property Transactions, Joint Ventures, Earnings Schedules and Corporate Announcements - Research Report on RLJ Lodging, Howard Hughes, Capstead Mortgage, Apollo Residential, and Brandywine Realty

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


News provided by

Analysts' Corner

Oct 22, 2013, 08:00 ET

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NEW YORK, October 22, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting RLJ Lodging Trust (NYSE: RLJ), The Howard Hughes Corporation (NYSE: HHC), Capstead Mortgage Corp. (NYSE: CMO), Apollo Residential Mortgage, Inc. (NYSE: AMTG), and Brandywine Realty Trust (NYSE: BDN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

RLJ Lodging Trust Research Report

On October 9, 2013, RLJ Lodging Trust announced that it has acquired the 106-room SpringHill Suites Portland Hillsboro for $24.0 million or approximately $226,000 per key. According to the Company, the purchase represents a forward capitalization rate of approximately 10.0% on the SpringHill Suites' projected 2014 net operating income. Commenting on the acquisition, Thomas J. Baltimore, Jr. President and CEO of the Company stated, "We continue to expand our presence on the West Coast with a great addition to our portfolio. This acquisition is immediately accretive to our portfolio and exemplifies our strategy of investing in premium-branded assets in premier markets." The Full Research Report on RLJ Lodging Trust - 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/c964_RLJ]

--

The Howard Hughes Corporation Research Report

On October 17, 2013, The Howard Hughes Corporation (Howard Hughes) announced that it has officially commenced the redevelopment of the South Street Seaport with a groundbreaking ceremony for the Pier 17 building. According to the Company, its CEO David R. Weinreb, President Grant Herlitz, and Senior Executive Vice President of Development Chris Curry, were joined by elected officials and community leaders, including Mayor Michael Bloomberg, Council Member Margaret Chin, Community Board 1 Chair Catherine McVay Hughes and Department of Cultural Affairs Commissioner Kate Levin for the ceremony overlooking the East River and Brooklyn Bridge. Commenting on the project, David R. Weinreb, CEO of Howard Hughes said, "The Seaport will not only be a place of historical significance but serve as a link between a storied legacy and the future New York experience that will engage both local residents and tourists from around the world, continually drawing them to return again and again." The Full Research Report on The Howard Hughes Corporation - 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/3f19_HHC]

--

Capstead Mortgage Corp. Research Report

On October 11, 2013, Capstead Mortgage Corp. (Capstead Mortgage) announced that it will release its Q3 2013 financial results on October 23, 2013, after the NYSE trading closes. Additionally, the Company stated that it will host a conference call and live audio webcast to discuss the results on the following day, October 24, 2013, at 9:00 a.m. ET. The Full Research Report on Capstead Mortgage Corp. - 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/bc81_CMO]

--

Apollo Residential Mortgage, Inc. Research Report

On October 15, 2013, Apollo Residential Mortgage, Inc. (Apollo Residential Mortgage) announced that the Company will hold a conference call to review its Q3 2013 financial results on November 7, 2013, at 9:00 a.m. ET. According to the Company, its Q3 2013 financial results will be released the preceding day, November 6, 2013, after the market closes. Additionally, Apollo Residential Mortgage stated that during the conference call, officers from the Company will review the Q3 2013 performance and discuss recent events along with a question and answer session. The Full Research Report on Apollo Residential Mortgage, 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/6ef7_AMTG]

--

Brandywine Realty Trust Research Report

On October 14, 2013, Brandywine Realty Trust announced that the Company and APA, IV, an affiliate of The Shooshan Company, have formed a joint venture to build a 426,000 square foot office building in Arlington's Ballston submarket. According to the Company, the project known as 4040 Wilson Boulevard is the final phase in the eight-building, mixed-use, Liberty Center complex. Commenting on the new partnership, Gerard H. Sweeney, President and CEO of Brandywine Realty Trust stated, "The Shooshan Company is an exceptional, well-regarded real estate owner/developer in the Ballston submarket with an outstanding reputation and market leading presence. Our participation in this exciting development provides an investment in a newly created high-quality, efficient building that should deliver returns in excess of current acquisition yields and an investment basis at replacement cost in a highly desirable submarket where comparable sales have been at a premium to construction costs. We look forward to working with The Shooshan Company to complete the last phase of this highly successful 2.25 million square foot metro-served mixed-use development." The Full Research Report on Brandywine Realty Trust - 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/e62c_BDN]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, 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.
  3. 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.
  4. 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 [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] 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 Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network 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

Equity News Network 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

Equity News Network 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 Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network 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.

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