Industry News

American Hotel Income Properties REIT LP announced today that it has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets, to sell, on a bought deal basis, 8,696,000 limited partnership units of AHIP at a price of Cdn $10.35 per Unit for gross proceeds to AHIP of approximately Cdn $90.0 million."/>
American Hotel Income Properties REIT LP Announces Cdn$90.0 Million Bought Deal Equity Financing for Strategic Hotel Acquisitions
Ares Commercial Real Estate Corp.' s ACRE Capital HoldingsLLC agency lending subsidiary forUSD 93 m, the company said. The transaction is expected to close as early as 3 Q16, pending regulatory approvals. ACRE Capital originates and services multifamily residential mortgage loans, senior housing and healthcare facility loans by..."/>
Cornerstone Real Estate Advisers to Acquire ACRE Capital Holdings for USD 93m
Echelon Financial Holdings Inc. today announced that it intends to release its second quarter financial results after market close on Thursday, August 4, 2016.. A conference call for analysts and interested listeners will be held on Friday, August 5, 2016, at 11:00 a.m.. The call-in numbers for participants are 647-427-7450 or toll free 1-888-231-8191, Conference ID 45538275. A live audio feed of the call will be available online through the..."/>
Echelon Insurance to announce second quarter 2016 financial results on August 4
Markit today announced that, in connection with the completion of the previously announced merger between IHS and Markit, the combined company, which will be renamed IHS Markit Ltd., will be listed on the Nasdaq Global Select Market under the new trading symbol“ INFO.”. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160705006074/en/."/>
IHS and Markit Announce Post-Merger NASDAQ Trading Symbol “INFO”
Killam Apartment REIT is pleased to announce that it has completed the previously announced redemption of its $57.5 million, 5.65% convertible debentures. Proceeds from Killam's $98 million public offering of trust units, which closed on June 2, 2016, were used to fund the redemption. Killam also closed two previously announced acquisitions, Kanata Lakes Apartments III and Garden Park Apartments."/>
Killam Apartment REIT Completes Redemption of $57.5 Million of Convertible Debentures and Closes $56.3 Million in Acquisitions
Yadkin Financial Corporation, the holding company for Yadkin Bank, announced today that financial results for the second quarter of 2016 will be released on July 21, 2016, before the market opens. Management will host a conference call to discuss the Company’ s financial results at 10:00 a.m. Eastern Time that same day.. The call may be accessed by dialing 685-7816 and requesting the Yadkin Financial Corporation Second Quarter 2016 Conference Call."/>
Yadkin Financial Corporation Announces Date for Second Quarter 2016 Earnings Release and Conference Call
Central Valley Community Bancorp, the parent company of Central Valley Community Bank, announced today that it has been added to the Russell 2000 ® Index effective on June 24, 2016. The Russell 2000 ® is a leading equity benchmark of United States-based companies widely used by investment managers and institutional investors for index funds and active investment strategies. "Inclusion in the Russell 2000 ® Index represents another proud step in the..."/>
Central Valley Community Bancorp Parent Company of Central Valley Community Bank Added to Russell 2000 Index
Chemung Financial Corporation today announced that its common stock has rejoined the Russell 2000 Index, effective at the close of trading on June 24, 2016.. By definition: the Russell 2000 Index is an index measuring the performance of 2,000 small-cap companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 serves as a benchmark for small-cap stocks in the United States.."/>
Chemung Financial Stock Rejoins Russell 2000 Index
Kilroy Realty Corporation has scheduled its quarterly conference call to discuss its second quarter 2016 financial results on Tuesday, July 26, 2016 at 10:00 a.m. Pacific Time. The phone number for the call is 680-0878, passcode: 80256205.. This call is being Webcast by Thomson/CCBN and can be accessed at Kilroy Realty Corporation’ s Website at www.kilroyrealty.com."/>
Kilroy Realty’s Second Quarter 2016 Earnings Conference Call
FCB Financial Holdings, Inc. today announced that it will release its Second Quarter 2016 financial results on Thursday, July 21, 2016 after close of market, and management will host a conference call at 5:00 p.m. Eastern Time that same day. Presentation materials related to the conference call will be available on the Company's web site, www.floridacommunitybank.com, by navigating to Investor Relations approximately one hour prior to the conference call."/>
FCB Financial Holdings, Inc. Sets Earnings Release and Conference Call Date for Second Quarter 2016 Results
Flushing Financial Corporation, the parent holding company for Flushing Bank, announced today that the Bank has sold its property at 144-51 Northern Boulevard, Flushing, NY to developer CW Northern, LLC. The transaction closed on June 24, 2016. The Bank utilized CBRE, Inc. to market the property.."/>
Flushing Financial Corporation Increases Capital by $21 Million Through Sale of Building
Suffolk Bancorp concerning the merger with People’ s United Financial, Inc. Under the terms of the agreement, valued at approximately $402 million, Suffolk shareholders will only receive 2.225 shares of People’ s United common stock per share held."/>
Suffolk Bancorp Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with People’s United Financial, Inc.
AXIS Capital and Multi-Asset Alternative Investment Expertise of Blackstone--. PEMBROKE, Bermuda---- Harrington Reinsurance Holdings Limited, together with its direct, wholly owned subsidiary Harrington Re Ltd., today announced that it has completed a capital raise of approximately $550 million of equity and $50 million of debt, including a $100 million equity investment by a subsidiary of AXIS Capital..."/>
Harrington Completes $600 Million Capital Raise
American Assets Trust, Inc. will announce its second quarter 2016 earnings in a press release to be issued after the market closes on Tuesday, July 26, 2016.. Senior management will hold a conference call for its second quarter 2016 earnings on Wednesday, July 27, 2016 at 8:00 a.m. Pacific Time. Conference call access information is as follows:."/>
American Assets Trust, Inc. Announces Second Quarter 2016 Earnings Release Date and Conference Call Information

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