Page 9 - Equity Commonwealth News Today

Veris Residential (NYSE:VRE – Get Rating) and Equity Commonwealth (NYSE:EQC – Get Rating) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, risk, earnings, analyst recommendations, dividends, institutional ownership and profitability. Insider & Institutional Ownership 95.1% of Veris Residential shares are […]

Thompson Siegel & Walmsley LLC grew its stake in Equity Commonwealth (NYSE:EQC – Get Rating) by 5.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,461,163 shares of the real estate investment trust’s stock after buying an additional 80,918 shares during the quarter. Thompson […]

PacWest Bancorp. sells CRE loan portfolio to Kennedy-Wilson, Equity Commonwealth names successor to Sam Zell

David Helfand, the REIT's president and CEO, has taken over as chairman after Zell's death.

One of the world's richest people, Sam Zell made his fortune by investing in undervalued real estate and packaging properties in REITs.

Samuel Zell started his business empire while a student at the University of Michigan in Ann Arbor, died Thursday from a recent illness.

With successors in place, two of Zell's REITs may be poised for business as usual after the dealmaker's death. But the loss of their charismatic chairman may remove some of the halo effect the companies enjoyed.

The real estate magnate, known for his bets on distressed assets, died on May 18 at the age of 81.

Equity Commonwealth announced today that its Board of Trustees has named David Helfand to serve as the Chair of the Board, effective immediately. Mr. Helfand has served as the company’s... | June 11, 2023

Billionaire real estate investor Sam Zell has died at the age of 81, his real estate investment trust Equity Residential said in a statement on Thursday....