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Real Estate Development News
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1. Bluegreen Corporation Reports 2009 Third Quarter Financial Results - Business Wire - 2 hours, 26 minutes ago
BOCA RATON, Fla.----Bluegreen Corporation , a leading provider of Colorful Places to Live and Play®, today announced financial results for the third quarter ended September 30, 2009.
2. Stratus Properties Inc. Reports Third-Quarter and Nine-Month 2009 Results and Updates W Austin Hotel & Residences Development Activities - Business Wire - Fri Nov 6
AUSTIN, Texas----Stratus Properties Inc. :
3. Number of Home Listings Declines Nearly Three Percent in October, According to ZipRealty - Marketwire - Thu Nov 5
4. CALC Decides to Appeal Staff Determination Regarding Nasdaq Delisting - PR Newswire - Wed Nov 4
California Coastal Communities, Inc. announced today that it will appeal the previously announced October 28, 2009 delisting determination of the Nasdaq Stock Market Listing Qualifications Staff indicating the Staff's decision to delist the Company's common stock from the Nasdaq Stock Market due to the Company's recent filing of a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code pursuant to which the Company is seeking to extend the maturity dates and change the repayment schedules for its approximately $182 million of Brightwater credit facilities in order to repay the debt in full in 2013 based on currently expected home sales over the next four years.
5. Home Builders Offer Deep Value According To Bertolet Capital President - Wall Street Transcript - Wed Nov 4
67 WALL STREET, New York - November 4, 2009 - The Wall Street Transcript has just published its Pharmaceuticals Report offering a timely review of the sector to serious investors and industry executives. This 76 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
6. Thomas Properties Group, Inc. Announces Postponement of Common Stock Offering - Business Wire - Tue Nov 3
LOS ANGELES----Thomas Properties Group, Inc. announced today that it has postponed its previously announced public offering of 22 million shares of common stock due to unfavorable market conditions.
7. Want Safety? Look for Growth and Value Together - RealMoney by TheStreet.com - Tue Nov 3
Wise investors seek out a 'margin of safety' in cheap companies with good upside potential.
8. St. Joe narrows 3Q loss as real estate sales climb - AP - Tue Nov 3
Real estate developer The St. Joe Co. on Tuesday said its third-quarter loss narrowed despite higher expenses, as it sold off some of its holdings.
9. Thomas Properties Group, Inc. Announces Public Offering of up to 22 Million Shares of Common Stock - Business Wire - Mon Nov 2
LOS ANGELES----Thomas Properties Group, Inc. announced today that it has commenced an underwritten public offering of up to 22.0 million shares of its common stock pursuant to the company’s effective shelf registration statements on Form S-3 filed with the Securities and Exchange Commission .
10. Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of American Community Properties Trust - Business Wire - Wed Oct 14
NEW YORK----Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of American Community Properties Trust for possible breaches of fiduciary duty and other violations of state law in connection with an agreement by the Company’s Board of Directors to sell all of the Company’s outstanding shares of common stock at a price of $7.75 per share in cash to FCP Fund I, L.P. , a Delaware limited partnership controlled by real estate investment company Federal Capital Partners.
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