All Posts Tagged With: "AIV"
(EQR) Equity Residential Second Quarter Earnings Scorecard
Equity Residential (EQR) reported funds from operations (FFO) of $180.7 million in second quarter 2011 compared with $175.1 million in the year-ago quarter. FFO per share in the reported quarter remained flat year over year at 58 cents. Fund from operations, a widely used metric...
5Aug2011 | vitalstocks | 0 comments | Continued(AVB) Avalonbay Communities Buys Rockville Townhomes
Avalonbay Communities Inc. (AVB), a leading multifamily real estate investment trust (REIT), has recently expanded its portfolio with the acquisition of Yale Village Townhomes in Rockville, Maryland for $49.5 million. The purchase price for the 210 rental townhomes equates to...
30Jun2011 | vitalstocks | 0 comments | Continued(AIV) Apartment Investment and Management Company Earnings Scorecard
Apartment Investment and Management Company (AIV) or Aimco, as the real estate investment trust (REIT) is popularly known, reported fiscal 2010 first quarter FFO (funds from operations) of 32 cents per share that exceeded the Zacks Consensus Estimate by 2 cents. Funds from operations,...
23May2010 | vitalstocks | 0 comments | Continued(AIV) Apartment Investment and Management Company Reports Modest Results
Apartment Investment and Management Company, or Aimco (AIV), as the real estate investment trust (REIT) is popularly known, reported fiscal 2009 fourth quarter funds from operations (FFO) of $30.2 million or $0.26 per share compared to FFO loss of $28.9 million or $0.32 per share...
5Feb2010 | vitalstocks | 0 comments | Continued(DHI) U.S. Homeownership Rate Falls Again
A smaller percentage of Americans owned their own homes in the 4th quarter of 2009 than at any time since 2000. In the 4th quarter 67.2% of Americans owned their own home, down from 67.6% in the third quarter and two full percentage points below the peak set in the fourth quarter...
2Feb2010 | vitalstocks | 0 comments | Continued(FNM) Housing and Rental Data
Many of the government efforts to help the housing market, such as the Fed buying up fully one quarter of all the mortgage-backed securities backed by Fannie Mae (FNM), Freddie Mac (FRE) and Ginnie Mae, as well as the “first time” homebuyer tax credit, are designed to...
8Jan2010 | vitalstocks | 0 comments | Continued(EQR) Consumer Price Index Rose Moderately
The Bureau of Labor Statistics reported this morning that the Consumer Price Index (CPI) rose by 0.4% in November, following increases of 0.3% in October and 0.2% in September. Relative to a year ago, prices are up 1.8%. That is a big jump from last month, but that is due to...
16Dec2009 | vitalstocks | 0 comments | Continued(F) Consumer Price Index Up on Cars and Energy
The Consumer Price Index (CPI) for October rose by 0.3%, a little bit hotter than the 0.2% that was expected. If one strips out volatile food and energy prices to get the core consumer price index, prices were up 0.2%, also one tick higher than the 0.1% expected. A rise in energy...
18Nov2009 | vitalstocks | 0 comments | Continued(EQR) Is the Federal Housing Administration Going Broke?
This morning’s New York Times has an important article on the Federal Housing Administration. The FHA has stepped in to back up mortgage loans as the private sector has stopped making them. Essentially, it is playing the role of a sub-prime lender, and appears to be making...
12Oct2009 | vitalstocks | 0 comments | Continued(EQR) Homeownership Rate Falling
Coming out of most economic downturns, homebuilding is one of the key locomotives to power the economy. Housing is sort of the ultimate durable good, where during downturns demand builds up, and then has a powerful upward force on the economy as the pent-up demand is released. Given...
6Oct2009 | vitalstocks | 0 comments | Continued(EQR) Consumer Prices Up Slightly
The Consumer Price Index [CPI] rose 0.4% in August on a headline basis, a tick higher than consensus expectations of 0.3%. If food and energy are stripped out, prices rose 0.1%, in line with expectations. On a headline basis this follows an unchanged reading in July and a 0.7%...
16Sep2009 | vitalstocks | 0 comments | Continued(AIV) Apartment Investment and Management Company Continues to Sell Assets
Aimco Properties LP, a division of Apartment Investment and Management Co. (AIV), recently sold its Palencia Apartment Homes asset in Tampa for $23.3 million. This is the second multifamily sale in the region in 2009. The real estate investment trust plans to sell seven more...
1Sep2009 | vitalstocks | 0 comments | Continued(EQR) House Prices Actually Appear to be RISING
The Case-Schiller composite index of housing prices in 20 major metropolitan areas rose 0.7% on a seasonally adjusted basis in June, following an essentially unchanged reading in May. The not-seasonally-adjusted numbers were even better (and what most of the press coverage were...
25Aug2009 | vitalstocks | 0 comments | Continued