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November 7th, 2012

Re-Elected U.S President To Tackle Big Fiscal Cliff Issue

(George Sterling) - The United States Presidential elections concluded last night but the new and re-elected President of the country has to deal with a big challenge right away: the challenge of “fiscal cliff”, which is a combination of both, tax hikes and budget spending cuts to save $600 billion from the U.S economy. The ‘fiscal cliff’ issue [...]

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April 30th, 2012

Spotlight on REITs: Apartment Investment and Management CO

(Money Manager) - Apartment Investment and Management: This real estate investment trust specializes in apartment acquisitions; it will also manage and run the apartment complexes and buildings. Apartment Investment and Management was founded in 1975, and is based in Denver, Colorado.

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January 16th, 2012

Spotlight on REITs: Essex Property Trust INC

(Money Manager) - Essex Property Trust INC: This Company buys properties and develops them, redevelops them and manages them. This real estate trust company was founded in 1971 in California, where it still has most of its real estate holdings. The founder of Essex Property Trust was George M Marcus, who had 35 years of real estate experience before he founded Essex Property Trust INC in 1971, he no longer works with the company.

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September 12th, 2011

Spotlight on REITs: Pacific Gulf Properties INC

(Money Manager) - Pacific Gulf Properties INC: This was a real estate acquisitions trust company that was based in Newport Beach, California. They would buy and manage senior active living facilities and apartments. The company based most of their business out of California but did acquire some property in Washington, but later sold them to concentrate on its business on the West coast, in 1998 Pacific Gulf Properties sold all Washington assets for $78.5 million dollars, freeing up liquid cash to buy assisted living facilities in the Los Angeles area.

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August 29th, 2011

Spotlight on REITs: PS Business Parks

(Money Manager) - PS Business Parks: This full service real estate trust company is based in Glendale, California. PS Business Parks owns and operates over 21.8 million square feet of rentable commercial and industrial space all over the country. PS Business Parks was founded in 1986 as a sister company of the former public storage. PS Business Parks became a publicly traded company on the New York Stock Exchange in 1998 and since that time accusations have totalled over 5 million square feet of commercial and industrial space .

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April 25th, 2011

Spotlight on REITs: Cedar Income Fund LTD

(Money Manager) - Cedar Income Fund LTD: This Real Estate Investment Trust (REIT) buys and manages office space and properties. I was founded in Cedar Rapids, IA in 1984.

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