NEW YORK, June 13, 2013 /PRNewswire/ --
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Today, Wall Street Reports announced new research reports highlighting Regency Centers Corp. (NYSE: REG), Ryman Hospitality Properties, Inc. (NYSE: RHP), Weingarten Realty Investors (NYSE: WRI), W.P. Carey Inc. (NYSE: WPC) and Redwood Trust, Inc. (NYSE: RWT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Regency Centers Corp. Research Report
On June 4, 2013, Regency Centers Corp. (Regency Centers) announced the redevelopment of Greenway Town Center, a 93,000-square-foot neighborhood center located in Tigard, Oregon. As part of the center's enhancement, Whole Foods Market, the world's leading natural and organic foods supermarket, will open a 37,500-square-foot store in 2014. The $6 million redevelopment plan also includes a new exterior façade with cedar wood accents, upgraded architectural components, parking lot improvements, and new site lighting, landscaping, and signage. All retailers will remain open during the redevelopment, which is scheduled to begin in August 2013. In other news, the Company announced on June 7, 2013 that its Board of Directors declared a quarterly cash dividend of $0.41 per share on the Company's Series 6 Preferred Stock, payable on June 30, 2013 to shareholders of record on June 18, 2013. The Full Research Report on Regency Centers Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/4ef4_REG]
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Ryman Hospitality Properties, Inc. Research Report
On June 4, 2013, Ryman Hospitality Properties, Inc. (Ryman Hospitality Properties) updated its financial outlook for 2013. According to the Company, while Q1 2013 booking results, both in-the-year, for-the-year and for all future years, were positive and a cause for optimism for the remainder of 2013, recent trends indicate that performance in 2013 will be challenged by several adverse impacts, including lower than expected-in-the-year and for-the-year group bookings, slower than anticipated realization of cost synergies, and margin disruption due to conversion activities. For full-year FY 2013, the Company now expects Hospitality Revenue per available room (RevPAR) growth of -1% to 2%, as compared to prior guidance of 3% to 6%; and Hospitality Total RevPAR growth of -2% to 1% as compared to prior guidance of 2% to 5%. The Company also expects adjusted FFO per share after REIT conversion costs to be in the range of of $3.43 to $3.82, as compared to prior guidance range of $3.72 to $3.99. The Full Research Report on Ryman Hospitality Properties, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/0191_RHP]
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Weingarten Realty Investors Research Report
On June 4, 2013, Weingarten Realty Investors (Weingarten Realty) announced the acquisition of Queen Anne Marketplace in Seattle, Washington. The shopping center measures 70,000 square feet and is anchored by Metropolitan Market, an upscale neighborhood grocer operating in a densely populated, high barrier-to-entry urban infill location. Commenting on the acquisition, Drew Alexander, President and Chief Executive Officer of Weingarten Realty said, "We are pleased with the acquisition of this high quality shopping center with strong growth potential. It reflects our disciplined approach to enhancing our portfolio through acquiring properties with strong anchors located in high growth markets with strong demographics." The property was purchased in a joint venture between Weingarten Realty Investors and Bouwinvest, in which the former will hold a 51% interest. The Company stated that this was the first acquisition in the joint venture that seeks to invest approximately $275 million in high-quality community and neighborhood shopping centers anchored by market-dominant retailers using up to 50% leverage. The Full Research Report on Weingarten Realty Investors - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/ebba_WRI]
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W.P. Carey Inc. Research Report
On June 4, 2013, W.P. Carey Inc. (W.P. Carey) announced that it has acquired the research and development class-A office facilities of Cargotec Corporation (Cargotec) in Tampere, Finland, which are subjected to a 20-year-triple-net lease with the company. Cargotec is a Finnish public company that develops and manufactures cargo-handling machinery for ships, ports, terminals, and local distribution. Its products are used in every major port around the globe and on half the world's oceangoing fleet. A Arvi Luoma, Director of W.P. Carey, said, "We are pleased to support Cargotec's future growth through our investment in these facilities while at the same time adding long-term, income-generating assets to our portfolio and investing in a AAA-rated country." The Company reported that the acquisition cost of the 183,569 square foot facility was approximately $52 million. The Full Research Report on W.P. Carey Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/3f93_WPC]
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Redwood Trust, Inc. Research Report
On June 6, 2013, Redwood Trust, Inc. (Redwood Trust) announced that Scott Chisholm, a Managing Director with the Company, will be resigning from employment effective July 1, 2013. Mr. Chisholm joined the Company in September 2009 to help build its platform for commercial real estate mortgage debt investments and originations. Since he joined the Company, he has been an important contributor in establishing Redwood as an industry-leading provider of commercial mortgage debt solutions and has helped build an exceptional team of commercial real estate professionals located in New York, NY and Mill Valley, CA. Commenting on Mr. Chisholm's resignation, Marty Hughes, Redwood's Chief Executive Officer, said, "Scott and the team established a commercial platform that is nationally recognized in the marketplace for providing senior and mezzanine debt financing to commercial real estate borrowers." The Full Research Report on Redwood Trust, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/b67e_RWT]
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SOURCE Wall Street Reports