RESI News and Press, Front Yard Residential Corporation From 03/15/21

The Great Financial Crisis resulted in long-term, lasting pain for the real estate sector, but "this time was different" for most REITs due to harsh lessons learned from past crises. Despite early struggles with rent collection, REITs' strong balance sheets and access-to-capital preve...

Overshadowed by concerns about rising interest rates, a frenzy of real estate earnings reports over the last month have provided critical information on the state of the real estate industry. Roughly two-thirds of the 170 equity REITs in our coverage universe beat consensus FFO estima...

The 'Burbs are back - and hotter than ever. Single-Family Rental REITs have been one of the top-performing property sectors over the past year amid a COVID-driven "suburban revival." Single-Family Rental fundamentals are among the strongest in the REIT sector. SFR REITs reported near-...

Real estate earnings season kicks off this week with more than 175 equity REITs, 40 equity REITs, and dozens of housing industry companies reporting earnings over the next five weeks. While missed rents and dividend cuts were the prevailing themes in the REIT sector in mid-2020, the v...

HMS Holdings Corp. slips during the week. Fitbit finally draws to a close. Merger arbitrage cash spreads advance again replicating previous week's returns. For further details see: Merger Arbitrage Analysis And Spread Performance - January 17, 2021

Merger activity decreased last week with six new deals announced. Acacia Communications and Cisco Systems announced an amendment to their merger agreement. Google completes the acquisition of Fitbit. For further details see: Merger Arbitrage Mondays - Fitbit Closes And A...

Pretium, an alternative investment management firm, and funds managed by Ares Management (ARES) close on their acquisition of Front Yard Residential (RESI), making Pretium the second-largest owner and operator of single-family rental properties in the U.S.As a result, Pretium now has more tha...

Pretium, Ares Management and Front Yard Residential Complete First-Ever Single-Family Rental Take-Private Transaction Front Yard Poised to Capture Significant Market Opportunities for Uniquely Positioned SFR Assets PR Newswire NEW YORK and LOS ANGELES , Jan...

Waddell & Reed declines in excess of recent dividend payment. Broader market starts the year with strong positive return. Merger arbitrage cash spreads advance in a positive start to the new year. For further details see: Merger Arbitrage Analysis And Spread Performa...

Merger activity increased significantly last week with eight new deals announced. The acquisition of Alaska Communications Systems Group by ATN International. The acquisition of FLIR Systems by Teledyne Technologies Incorporated. For further details see: Merger...