Citigroup Archives

Vereit Inc. upsizes stock to 60,000,000 shares

capital
by in AZRE Magazine | Finance & RE Law

Vereit Inc. (NYSE: VER) priced an underwritten public offering of 60,000,000 shares of common stock in an effort to repay amounts of outstanding debt, according to a company announcement. The Phoenix-based real estate firm expects to gross approximately $621 million from the underwritten upsize. The Company intends to use the net proceeds of this offering to… Read More →

Transaction Creates New Partnership at SkySong

KPNX TV, Channel 12 - Best of the Best Awards 2009 presented by Ranking Arizona
by in Business News | Investment

SkySong, The ASU Scottsdale Innovation Center has a new ownership structure after a transaction involving SkySong I and II, a 290,000 square foot, two-building office project located at Scottsdale Road and McDowell Road. A partnership formed by Holualoa Companies, the ASU Foundation for A New American University, and Plaza Companies has purchased the entirety of… Read More →

Transaction Creates New Partnership at SkySong

SkySong_Exterior_001new

SkySong, The ASU Scottsdale Innovation Center has a new ownership structure after a transaction involving SkySong I and II, a 290,000 square foot, two-building office project located at Scottsdale Road and McDowell Road. A partnership formed by Holualoa Companies, the ASU Foundation for A New American University, and Plaza Companies has purchased the entirety of… Read More →

Innovation unites Arizona’s economic engines

by in Business News | Economy | Tech

When Arizona became a state 100 years ago, it was easy to identify its economic engines, those industries, innovators and locations that drove the state’s economy and employment. They all started with C — copper, cotton, citrus, cattle and climate. A decade later, it’s not so easy. “We must find ways to diversify our economy,… Read More →

Citigroup tries new approach: Own to rent

Foreclosure-mediation

Citigroup will try something new to keep struggling homeowners out of foreclosure: turn them into renters. CitiMortgage announced the program Wednesday and painted it as a way to help homeowners stuck in houses they can’t afford. The New York-based bank, however, won’t manage the program. Instead, it is handing the reigns to an investment firm.… Read More →

Meritage Homes Announces Pricing Of Its Common Stock Offering

Meritage Homes

Meritage Homes Corporation, a leading U.S. homebuilder, announced that it has priced a registered public offering of 2,300,000 shares of its common stock at $34.75 per share, for net proceeds of approximately $75.7 million after underwriting discounts and estimated offering expenses. The offering was upsized from the original 2,000,000 shares. As part of the offering,… Read More →