|By PR Newswire||
|March 10, 2014 01:09 PM EDT||
NEW YORK, March 10, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding NorthStar Realty Finance Corp. (NYSE: NRF), Taubman Centers Inc. (NYSE: TCO), Glimcher Realty Trust (NYSE: GRT), Retail Properties of America, Inc. (NYSE: RPAI), and Regency Centers Corporation (NYSE: REG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
NorthStar Realty Finance Corp. Analyst Notes
On February 27, 2014, NorthStar Realty Finance Corp. (NorthStar) reported its Q4 2013 and full-year 2013 financial results. Q4 2013 net loss attributable to NorthStar common stockholders was $10.4 million or $0.04 per diluted share, compared to a net loss of $27.6 million or $0.20 per diluted share in Q4 2012. Full-year 2013 net loss attributable to NorthStar common stockholders was $137.5 million or $0.65 per diluted share, compared to a net loss of $288.6 million or $2.31 per diluted share in 2012. Commenting on the release, David T. Hamamoto, Chairman and CEO of the Company, stated, "We are extremely excited by the variety of opportunities available for NorthStar and will continue focusing on creating shareholder value such as the recently announced spin-off of our asset management business into an independent publicly-traded company, NorthStar Asset Management Group Inc., or NSAM. The spin-off of NSAM remains on track to be completed in the second quarter of 2014." The full analyst notes on NorthStar Realty Finance Corp. are available to download free of charge at:
Taubman Centers Inc. Analyst Notes
On March 3, 2014, Taubman Centers Inc. (Taubman Centers), together with Coastwood Capital Group, LLC and Queen Emma Land Company, reported the ceremonial groundbreaking for the new International Market Place. According to Taubman Centers, the 360,000 sq. ft. shopping center is scheduled to open in Spring 2016 and will feature open-air retail, dining and entertainment located in the heart of Waikiki, Hawaii. Commenting on the release, Chief Operating Officer, William Taubman, stated, "The revitalized International Market Place will truly complement the Waikiki shopping experience. We will feature many distinctive retailers not found anywhere else in Waikiki, thus creating a dynamic retail and dining destination." The full analyst notes on Taubman Centers Inc. are available to download free of charge at:
Glimcher Realty Trust Analyst Notes
On February 13, 2014, Glimcher Realty Trust (Glimcher) reported its Q4 2013 and full-year 2013 financial results. Q4 2013 total revenues went up by 12.1% YoY to $102.8 million, while full-year 2013 total revenues went up by 17.2% YoY to $381.8 million. Net loss to common shareholders for Q4 2013 was $49.0 million or $0.34 per diluted share, compared to a net loss of $24.3 million or $0.17 per diluted share in Q4 2012. Net loss to common shareholders for full-year 2013 was $38.0 million or $0.26 per diluted share, compared to a net loss of $30.5 million or $0.23 per diluted share. The full analyst notes on Glimcher Realty Trust are available to download free of charge at:
Retail Properties of America, Inc. Analyst Notes
On February 18, 2014, Retail Properties of America, Inc. (Retail Properties of America) reported its Q4 2013 and full-year 2013 financial results. Total revenues for Q4 2013 went up by 11.7% YoY to $150.7 million, while total revenues for full-year 2013 went up by 3.7% YoY to $551.2 million. Q4 2013 net income attributable to common shareholders was $34.7 million or $0.15 per diluted share, compared to net income of $13.9 million or $0.06 per diluted share in Q4 2012. Full-year 2013 net income attributable to common shareholders was $34.7 million, compared to a net loss attributable to common shareholders of $0.7 million in 2012. Commenting on the release, Steve Grimes, President and CEO of the Company, stated, "2013 was another year of strong financial and operational performance. Our results continue to demonstrate the strength and quality of our portfolio and position RPAI well for 2014 and beyond, as we continue to focus on driving value for our shareholders." The full analyst notes on Retail Properties of America, Inc. are available to download free of charge at:
Regency Centers Corporation Analyst Notes
On February 28, 2014, Regency Centers Corporation (Regency Centers) announced the acquisition of the Shops at Mira Vista in Austin, TX, which is a 68,340 sq. ft. neighborhood shopping center. According to Regency Centers, the shopping center offers a diverse mix of upscale retailers and restaurants. Commenting on the release, Stuart Brackenridge, Vice President, Transactions, stated, "The acquisition of the Shops at Mira Vista fits perfectly with our strategy to invest in class A centers located in high-barrier markets. Austin is a booming economic market and this center is strategically placed to serve the thriving community that surrounds it. Currently, the center is 98% leased with strong interest in the last remaining vacancy." The full analyst notes on Regency Centers Corporation are available to download free of charge at:
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