SYS-CON MEDIA Authors: Carmen Gonzalez, Sean Houghton, Glenn Rossman, Ignacio M. Llorente, Xenia von Wedel

News Feed Item

Financial Results, Acquisitions and Announcements by REIT Companies - Analyst Notes on NorthStar Realty Finance, Taubman Centers, Glimcher, Retail Properties of America, and Regency Centers

Editor Note: For more information about this release, please scroll to bottom.

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:

http://www.AnalystsReview.com/03102014/NRF/report.pdf

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:

http://www.AnalystsReview.com/03102014/TCO/report.pdf

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:

http://www.AnalystsReview.com/03102014/GRT/report.pdf

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:

http://www.AnalystsReview.com/03102014/RPAI/report.pdf

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:

http://www.AnalystsReview.com/03102014/REG/report.pdf

About Analysts Review

We provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Analysts Review comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

EDITOR NOTES:

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] AnalystsReview.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] AnalystsReview.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] AnalystsReview.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Analysts Review. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Analysts Review in this article or report according to the Procedures outlined by Analysts Review. Analysts Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Analysts Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Analysts Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Analysts Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Analysts Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Analysts Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Analysts Review

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
What do a firewall and a fortress have in common? They are no longer strong enough to protect the valuables housed inside. Like the walls of an old fortress, the cracks in the firewall are allowing the bad guys to slip in - unannounced and unnoticed. By the time these thieves get in, the damage is already done and the network is already compromised. Intellectual property is easily slipped out the back door leaving no trace of forced entry. If we want to reign in on these cybercriminals, it's hig...
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will w...
"ElasticBox is an enterprise company that makes it very easy for developers and IT ops to collaborate to develop, build and deploy applications on any cloud - private, public or hybrid," stated Monish Sharma, VP of Customer Success at ElasticBox, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective ...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...