Are you looking for a home that is perfectly suitable to you and your family? Try Raleigh apartments. They are highly affordable and located in a beautiful place. The eye-catching Raleigh has been known for its historical building structures and old Oak trees. Read More
RALEIGH, N.C. (AP) _ Highwoods Properties Inc. (HIW) on Tuesday reported a key measure of profitability in its fourth quarter. The results surpassed Wall Street expectations.
The Raleigh, North Carolina-based real estate investment trust said it had funds from operations of $88.7 million, or 84 cents per share, in the period.
The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of 83 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $56.6 million, or 55 cents per share.
The real estate investment trust posted revenue of $175.9 million in the period, missing Street forecasts. Seven analysts surveyed by Zacks expected $177.1 million.
For the year, the company reported funds from operations of $357.5 million, or $3.28 per share. Revenue was reported as $702.7 million.
Highwoods Properties expects full-year funds from operations to be $3.35 to $3.47 per share.
The company’s shares have dropped 12 percent since the beginning of the year. The stock has dropped 10 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIW at https://www.zacks.com/ap/HIW
CHARLOTTE, NC – HFF announces the sale of and joint venture equity for the development of a 16.02-acre site in Raleigh’s Crabtree Valley area.
The HFF team marketed the site on behalf of the sellers: Wells Fargo Bank, acting as Trustee for a local family, and Kerr Properties, LLC. Dominion Realty Partners (DRP) purchased the site for $6.2 million. Additionally, the HFF team worked on DRP’s behalf to arrange $16.385 million in joint venture equity for the development of a 221-unit multi-housing community planned for the site. Read More
Cary, NC – Twenty cities may not seem like a “short” list but for the municipalities listed as finalists for the location of Amazon’s new North American headquarters, the competition feels much realer now than it did a month ago. Included on that list of finalists is the Raleigh metropolitan area, including Cary.
Amazon’s 20 finalists for its HQ2 location
Amazon announced last Autumn it is searching for a location for its second headquarters, promising up to 50,000 new high-paying jobs and $5 billion generated in construction. Their first headquarters are located in Seattle and, according to Amazon, generated $3.7 billion in capital investment and $25.7 billion paid to employees between 2010 and 2017.
What brings you to the beautiful capital city of Raleigh NC? Maybe you have lived there for quite some time, but you are looking at new housing options. Are you in search of a new apartment you can lease? When it’s time to find a new apartment, you want to be able to know that you have a place that you can call home. Sometimes it’s hard to know right away if an apartment is going to be that place, so let’s look at some tips that can help you as you search out apartments in Raleigh NC.
Do you know how beautiful the world is? There are many places that look like heaven on earth. The apartments located in Raleigh, NC are the best examples of them. They are highly affordable and they are perfectly located among the historical buildings of the city. The cozy style hotel stay Read More
At the age of retirement, everyone needs a home or shelter to leave. There are many worries when you are about to retire. Especially when your family is highly dependent upon you, you have to make a home for them as soon as you are retired or maybe before your retirement. The apartments based in Raleigh, NC are the dream of people fulfilled who want their home.
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