Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Resource America Inc    

RESOURCE AMERICA INC
Mes dernières consult.
Most popular
Report
SummaryNewsCompany 
News SummaryMost relevantAll newsSector newsTweets

Resource America Inc : Resource Real Estate Opportunity REIT Declares Stock Distribution

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/14/2013 | 03:55pm CET

On February 13, 2013, the board of directors of Resource Real Estate Opportunity REIT (the "Company") authorized a stock distribution of 0.0075 shares of common stock per share, or 0.75 percent of each outstanding share of common stock, for stockholders of record as of the close of business on March 29, 2013. The Company expects to issue the shares of common stock on April 15, 2013.

About Resource Real Estate

Resource Real Estate is a national real estate firm specializing in opportunistic and value-add investing in, and financing of, commercial real estate assets with a particular emphasis on multifamily properties. Resource Real Estate has a long history of investing in, managing and resolving distressed and other complicated real estate investments.

Resource Real Estate currently has an ownership interest in and manages a real estate portfolio with an aggregate value of approximately $1.7 billion, which includes approximately 24,000 apartment units and more than 500,000 square feet of office, retail, industrial and hotel space located throughout the United States. Resource Real Estate has over 540 employees with primary offices located in Philadelphia, New York City, Los Angeles, Denver and Omaha.

Resource Real Estate is a wholly owned subsidiary of Resource America, Inc. (NASDAQ: REXI), a specialized asset manager. As of September 30, 2012, Resource America had $14.9 billion in assets under management.

Media Contact:
Gregory FCA for Resource Real Estate
Jimmy Moock
Office: 610-228-2125
E-mail: [email protected]
or
Company Contact:
Marianne McGuire
Director of Marketing at Resource Real Estate
Office: 267-256-5964
E-mail: [email protected]


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RESOURCE AMERICA INC
2016 RESOURCE AMERICA : Real Estate Diversified Income Fund (RREDX) Announces Quarter..
2016 RESOURCE AMERICA : Credit Income Fund (RCIAX) Announces Quarterly Distribution
2016 RESOURCE AMERICA : Stockholders Approve Merger With C-III Capital Partners
2016 RESOURCE AMERICA, INC. : Reports Operating Results for the Second Quarter Ended ..
2016 Resource America, Inc. to Report Operating Results for the Second Quarter 201..
2016 RESOURCE AMERICA INC : ex-dividend day
2016 RESOURCE REAL ESTATE : Diversified Income Fund (RREDX) Maintains Quarterly Distr..
2016 RESOURCE AMERICA : Credit Income Fund (RCIAX) Announces Quarterly Distribution
2016 RESOURCE AMERICA, INC. : Authorizes Payment of Quarterly Cash Dividend
2016 RESOURCE AMERICA : Acquisition May Not Be in the Best Interests of REXI Sharehol..
More news
News from SeekingAlpha
2016 23% Pop With More To Come
2016 Sale of Resource Capital's external manager closes
2016 Resource America's (REXI) CEO Jonathan Cohen on Q2 2016 Results - Earnings Ca..
2016 Resource America reports Q2 results
2016 Resource Capital Preferred Stock - A Buy Or A Sell?
Managers
NameTitle
Andrew Lawrence Farkas Chairman, President & Chief Executive Officer
Thomas C. Elliott Chief Financial Officer & Senior Vice President
Michael S. Yecies Secretary, Chief Legal Officer & Senior VP
Purvi Kamdar Director-Marketing & Investor Relations
Alan Frank Feldman Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
RESOURCE AMERICA INC0
CITIC LTD-1.08%40 913
MACQUARIE GROUP LTD13.23%25 125
NATIXIS25.52%25 073
CHINA HUARONG ASSET MANAGEMENT CO LTD26.16%17 625
INVESTEC-13.92%6 491