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Zacks News
Houston-based Crown Castle International Corp. is a leading independent operator of wireless communication towers in the United States. The company is engaged in ownership, management and leasing of more than 40,000 cell towers and around 80,000 route miles of fiber supporting small cells, and fiber solutions spread across key markets in the nation. On Sep 9, 2013, the board of directors of Crown Castle approved the steps needed to reorganize the company to qualify as a Real Estate Investment Trust (REIT) for tax purposes. Crown Castle became a REIT on Jan 1, 2014.
Encouraging Near-Term Outlook for Equity REIT Stocks
by Moumita Chattopadhyay
With market dynamics of individual asset categories playing crucial roles in determining performance and economic indicators looking decent, REIT stocks have scope to excel.
Will 5G Deployment Create Room for Investment in Tower REITs?
by Devyani Chamria
As the wireless industry rolls out the 5G technology, the latest network deployment is triggering demand for tower leasing which looks encouraging for the days ahead.
Top REIT ETFs: 5G, Cloud Computing & E-Commerce
by Neena Mishra
Real Estate is among the top performing sectors this year and some specialized REIT ETFs have done much better.
Ventas Completes Investment in Quebec Portfolio With LGM
by Zacks Equity Research
Ventas' (VTR) investment in a high-quality senior-housing asset portfolio in Canada will diversify its portfolio, geographic and operator base as well as be accretive to its performance in 2020.
Kilroy Realty Prices Senior Notes at 99.878%, To Raise $495.2M
by Zacks Equity Research
Kilroy Realty (KRC) will raise $495.2 million through a public offering of senior notes, the proceeds of which will be channelized to fund buyouts and development projects, and reduce debt balances.
Alexandria Raises Capital, Prices Senior Notes Offerings
by Zacks Equity Research
Alexandria Real Estate Equities' (ARE) efforts to tap the debt market through public offerings of senior unsecured notes are a strategic fit and will likely reduce its funding cost.
Highwoods Signs Lease With New Customer for Raleigh Division
by Zacks Equity Research
Highwoods Properties' (HIW) signing of a lease with a new customer in one of the Raleigh area's BBDs having a solid credit profile reflects healthy demand for its properties.
Crown Castle (CCI) Up 12.3% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Crown Castle (CCI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Top Analyst Reports: Amgen, Uber, Mondelez & More
by Kalyan Nandy
Today's Research Daily features updated research reports on 16 major stocks, including Amgen (AMGN), Uber (UBER) and Mondelez (MDLZ).
Is Crown Castle International (CCI) Stock Outpacing Its Finance Peers This Year?
by Zacks Equity Research
Is (CCI) Outperforming Other Finance Stocks This Year?
Mack-Cali's (CLI) Q2 FFO Misses Estimates on Low Revenues
by Zacks Equity Research
Mack Cali's Q2 performance indicates a slowdown in leasing activity at its office and residential portfolios as well as a year-on-year decline in revenues.
Host Hotels' (HST) Q2 FFO & Revenues Lag Estimates, View Down
by Zacks Equity Research
Host Hotels & Resorts' (HST) Q2 performance reflects a decline in occupancy and comparable hotel RevPAR, as well as impact of The Marriott transformational capital program.
The Zacks Analyst Blog Highlights: Unitil, El Paso Electric, Crown Castle International, Alexandria Real Estate Equities and Essex Property Trust
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Unitil, El Paso Electric, Crown Castle International, Alexandria Real Estate Equities and Essex Property Trust
Equinix's (EQIX) Q2 FFO Surpasses, Revenues Lag Estimates
by Zacks Equity Research
Year-over-year revenue growth across Equinix's (EQIX) Americas, EMEA and the Asia-Pacific portfolios buoy the company's Q2 results.
Iron Mountain (IRM) Q2 FFO Beats, Revenues Miss Estimates
by Zacks Equity Research
Iron Mountain's (IRM) Q2 performance reflects decline in adjusted funds from operations and Service segment revenues.
Duke Realty (DRE) Q2 FFO Beats Estimates on Higher Revenues
by Zacks Equity Research
Duke Realty's (DRE) Q2 results display growth in revenues and same-store net operating income.
Welltower (WELL) Q2 FFO Beats Estimates, Revenues Up Y/Y
by Zacks Equity Research
Welltower's (WELL) Q2 results reflect growth in same-store net operating income, buoyed by decent performance across all its operating segments.
Fed Announces First Rate Cut Since 2008: 5 Picks
by Swarup Gupta
Rate-sensitive stocks likes REITs and utilities are likely to gain from these developments.
American Tower's (AMT) Q2 AFFO Beats Estimates, Revenues Up
by Zacks Equity Research
American Tower's (AMT) solid Q2 performance indicates growth in property segmental revenues. Further, higher revenues from service segment and increase in cash from operations buoy results.
Boston Properties (BXP) Beats Q2 FFO Estimates, Raises View
by Zacks Equity Research
Higher lease revenues from development project completions and improvements in the company's in-service portfolio aid Boston Properties' (BXP) Q2 FFO.
Liberty Property (LPT) Q2 FFO & Revenues Surpass Estimates
by Zacks Equity Research
Liberty Property's (LPT) Q2 results highlight increase in cash same-store operating income. Amid healthy demand from users for industrial space, the company witnesses solid leasing activity.
UDR's Q2 FFOA as Expected, Revenues Outpace Estimates, NOI Up
by Zacks Equity Research
Improving same-store net operating income and sequential growth in physical occupancy buoy UDR's Q2 performance, encouraging the company to revise its guidance for 2019.
Extra Space Storage (EXR) Q2 FFO Tops Estimates on NOI Growth
by Zacks Equity Research
While Extra Space Storage (EXR) registers growth in same-store revenues and NOI, same-store square foot occupancy shrinks year over year.
Vornado's (VNO) Q2 FFO Miss Estimates on Lower Occupancy
by Zacks Equity Research
Vornado Realty's (VNO) Q2 performance highlights decline in occupancy at its New York, theMart and 555 California portfolios. Also, low leasing volumes in New York office portfolio dent results.
Has Crown Castle International (CCI) Outpaced Other Finance Stocks This Year?
by Zacks Equity Research
Is (CCI) Outperforming Other Finance Stocks This Year?