HOUSTON, March 16 /PRNewswire-FirstCall/ -- Jones Lang LaSalle (NYSE: JLL) today announced the firm has bolstered its global capital markets platform with the hiring of three long-standing industry experts to lead its Americas Real Estate Investment Banking (REIB) business and assume executive leadership roles for the firm's Americas Capital Markets business. Thomas O. Fish, Michael J. Melody and Thomas J. Melody will steer the firm's Americas REIB business as Executive Managing Directors. The trio will partner with Americas Capital Markets President Jay Koster and the Capital Markets leadership team to help drive the expansion of the firm's overall Americas Capital Markets business.
DALLAS, March 16 /PRNewswire-FirstCall/ -- PMC Commercial Trust (NYSE Amex: PCC) announced fourth quarter and year-end financial results today.
NEW YORK, March 16 /PRNewswire-FirstCall/ -- New York Mortgage Trust, Inc. (Nasdaq: NYMT) ("NYMT" or the "Company") announced today that its Board of Directors declared on March 16, 2010 a cash dividend of $0.25 per share on shares of its common stock for the quarter ended March 31, 2010. The dividend is payable on April 26, 2010 to common stockholders of record as of April 1, 2010.
CORAL GABLES, Fla., March 16 /PRNewswire-FirstCall/ -- Avatar Holdings Inc. (Nasdaq: AVTR) today reported a net loss for 2009 of $28,983,000 ($3.11 per share, diluted) on revenues of $73,501,000 compared with a net loss for 2008 of $109,876,000 ($12.85 per share, diluted) on revenues of $110,366,000.
OAK BROOK, Ill., March 16 /PRNewswire/ -- CenterPoint Properties announced today that Coastal Logistics Group, Inc. has signed a long-term lease for a 320,000 square feet rail served facility at CenterPoint Intermodal Center-Savannah (CIC-Savannah). Coastal Logistics Group, Inc. (CLG) is the first build-to-suit for the 233-acre intermodal center located just 4 miles from the Georgia Port Authority. CLG is looking forward to locating its corporate headquarters in CIC-Savannah allowing this Savannah based company to continue to expand their warehouse space and service offerings.
PLANO, Texas, March 16 /PRNewswire-USNewswire/ -- U.S. Attorney John M. Bales announced today that 40 individuals have been arrested and charged in connection with a major mortgage fraud scheme in the Eastern District of Texas.
CLEVELAND, March 16 /PRNewswire-FirstCall/ -- Developers Diversified Realty Corporation (the “Company”) (NYSE: DDR) today announced the pricing of $300 million of senior unsecured notes in an underwritten public offering. The offering consists of $300 million of 7.50% notes due April 2017. The notes are being offered to investors at a price of 99.995% with a yield to maturity of 7.50%. Interest on the notes will be paid semi-annually on October 1 and April 1. The offering is expected to close on or about March 19, 2010, subject to customary closing conditions.
RADNOR, Pa., March 16 /PRNewswire-FirstCall/ -- Brandywine Realty Trust (NYSE: BDN) announced today the schedule for the announcement of its 2010 first, second and third quarter financial results and the associated earnings conference calls.
SEATTLE, March 16 /PRNewswire/ -- The 30-year fixed mortgage rate on Zillow Mortgage Marketplace is currently 4.78 percent, up two basis points from 4.76 percent compared to this same time last week. The 30-year fixed mortgage rate rose and fell the past week with a Monday spike to 4.85 percent.
