News

Toll Brothers remains positive despite a quarterly loss

Toll Brothers, Inc. (NYSE:TOL), the nation's leading builder of luxury homes, reported a FY 2012 first-quarter net loss of $2.8 million, or $0.02 per share diluted, compared to FY 2011's first-quarter net income of $3.4 million, or $0.02 per share diluted, according today's announced results of Toll Brothers.

Dubai residential market is now secure and transparent

Dubai residential real estate market is now more secure and transparent, enticing investment back to the city. The residential sales market has continued to build on what has been a positive start to 2012.

Equity Residential Hikes Potential Bid for Archstone Stake to $1.48B

Real estate mogul Sam Zell's Equity Residential (NYSE:EQR) has raised its minimum bid for a 26.5 percent stake in the long-running battle for control of Archstone, owner of more than 70,000 U.S. apartment units. Earlier this week, the minimum bid was raised to $1.48 billion from $1.32 billion by Bank of America Corp. and Barclays Plc, which own the minority stake in the company. The banks also extended the deadline for Equity's option to buy the stake to April 19 from Feb. 19.