NEW YORK, October 18, 2017 /PRNewswire/ --
If you want a Stock Review on BAM, FOR, INVH, or INN then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Real Estate Development firms
own and manage commercial and residential properties, often leasing out units to renters. Their properties can include apartment
complexes, office buildings, data centers, and more. Pre-market today, DailyStockTracker.com observes the following
equities: Brookfield Asset Management Inc. (NYSE: BAM), Forestar Group Inc. (NYSE: FOR), Invitation Homes Inc. (NYSE: INVH), and
Summit Hotel Properties Inc. (NYSE: INN). Register now and get full and free access to these DailyStockTracker.com research
reports at:
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Brookfield Asset Management
On Tuesday, shares in Toronto, Canada-based Brookfield Asset Management Inc. recorded a
trading volume of 438,610 shares. The stock ended at $42.82, rising 0.45% from the last trading
session. The Company's shares have gained 6.73% in the last one month, 7.83% over the previous three months, and 29.72% on an YTD
basis. The stock is trading above its 50-day and 200-day moving averages by 6.88% and 13.40%, respectively. Furthermore, shares
of the Company, which formerly known as Brascan Corp. invests in the property, power, and infrastructure sectors, have a Relative
Strength Index (RSI) of 76.88.
On September 28 th, 2017, research firm RBC Capital Markets reiterated its
'Outperform' rating on the Company's stock.
On October 13 th, 2017, Brookfield Capital Partners II L.P., a fund managed by
Brookfield Asset Management (BAM), completed a distribution of an aggregate of 7,069,705 common shares of Norbord Inc. to its
fund investors. BAM and its affiliates continue to hold 34,787,535 Norbord's shares. Access our complete research report on BAM
for free at:
http://dailystocktracker.com/registration/?symbol=BAM
Forestar Group
Austin, Texas headquartered Forestar Group Inc.'s stock finished yesterday's session flat at
$17.50 with a total trading volume of 337,660 shares. The Company's shares have gained 0.86% in the
last one month, 0.57% over the previous three months, and 31.58% on an YTD basis. The stock is trading above its 50-day and
200-day moving averages by 2.18% and 15.69%, respectively. Furthermore, shares of Forestar, which operates as a real estate
company, have an RSI of 59.51.
On October 12 th, 2017, Forestar announced that it has delivered a notice to holders of
its 3.75% Convertible Senior Notes due 2020, pursuant to the indenture governing the Notes (as supplemented, the "Indenture"),
notifying holders that, as a result of the merger pursuant to the Agreement and Plan of Merger, dated as of June 29 th, 2017, among D.R. Horton Inc., Force Merger Sub, Inc., and Forestar, a "Fundamental
Change" and a "Make-Whole Fundamental Change," each as defined in the Indenture, occurred effective as of October 05 th, 2017. The complimentary research report on FOR can be downloaded at:
http://dailystocktracker.com/registration/?symbol=FOR
Invitation Homes
At the close of trading on Tuesday, shares in Dallas, Texas headquartered Invitation Homes
Inc. rose 0.04%, ending the day at $22.65. The stock recorded a trading volume of 1.61 million
shares. The Company's shares have advanced 4.47% in the previous three months and 13.25% since the start of this year. The stock
is trading 0.20% and 3.99% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Invitation Homes,
which focuses on owning, renovating, leasing, and operating single-family residential properties in the US, have an RSI of 49.10.
On October 02 nd, 2017, Invitation Homes announced an estimate of the damages
believed to have been incurred as a result of Hurricane Irma. The Company's current assessment is that approximately 30% of its
23,449 homes in Florida and Atlanta sustained minor damage, primarily limited to roofing, fencing, and
landscaping issues. A total of five homes incurred severe damage. The Company estimates that damages caused by Hurricane
Irma totaled $14 to $17 million.
On October 10 th, 2017, research firm BTIG Research initiated a 'Buy' rating on the
Company's stock, with a target price of $26 per share. Register for free on DailyStockTracker.com
and get access to the latest report on INVH at:
http://dailystocktracker.com/registration/?symbol=INVH
Summit Hotel Properties
Sioux Falls, South Dakota-based Summit Hotel Properties Inc.'s shares ended the day 0.99% lower
at $15.96 with a total trading volume of 773,908 shares. The stock has gained 5.07% in the last
month. The Company's shares are trading 3.96% above their 50-day moving average. Additionally, shares of the Company have an RSI
of 58.57.
On September 26 th, 2017, research firm KeyBanc Capital Markets upgraded the
Company's stock rating from 'Sector Weight' to 'Overweight'.
On October 09 th, 2017, Summit Hotel Properties announced that it will report
financial results for Q3 2017 on Monday, October 30th, 2017, after the market closes. The Company will conduct
its quarterly conference call on October 31st, 2017, at 9:00 a.m. ET. A live webcast of the call will
be available on the Company's website. Download your free research report on INN at:
http://dailystocktracker.com/registration/?symbol=INN
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