On Tuesday, Shares of HCP, Inc. (NYSE:HCP), remained flat at $38.86.
HCP, declared results for the quarter ended June 30, 2015.
On June 30, 2015, HCP and Brookdale Senior Living, Inc. attained a portfolio of 35 private pay senior housing communities from Chartwell Retirement Residences, counting two leasehold interests, representing 5,025 units for $847 million. The portfolio was attained in a RIDEA structure (RIDEA III), with Brookdale owning a 10% noncontrolling interest. Brookdale has operated these communities since 2011 after its acquisition of Horizon Bay, and continues to manage the communities under a long-term administration agreement.
HCP, Inc. is an independent hybrid real estate investment trust. The fund invests in real estate markets of the United States. It primarily invests in properties serving the healthcare industry counting sectors of healthcare such as senior housing, life science, medical office, hospital and skilled nursing.
Shares of SolarCity Corp (NASDAQ:SCTY), inclined 1.86% to $59.00, during its last trading session.
SolarCity, declared it will open a regional corporate headquarters in Salt Lake City. The company is hiring at a temporary location initially as it scouts for a location for a large corporate campus. SolarCity anticipates to create thousands of new jobs over the next ten years, primarily in professional services functions such as accounting, finance, human resources, legal, marketing and sales support.
“SolarCity is leading a solar revolution and we are empowering communities with clean energy and sustainable job creation. We hope to attract many professionals in Utah and work alongside Utah policymakers to strengthen the state’s environmental policies and clean air initiatives,” said Brendon Merkley, Executive Vice President, Customer Operations of SolarCity, who was raised in Utah and is an alumnus of Brigham Young University.
SolarCity Corporation designs, manufactures, installs, maintains, monitors, leases, and sells solar energy systems to residential, commercial, government, and other customers in the United States.
At the end of Tuesday’s trade, Shares of Northstar Realty Finance Corp (NYSE:NRF), lost -0.99% to $16.08.
NorthStar Realty Finance Corp., declared a cash dividend of $0.40 per share of common stock, payable with respect to the quarter ended June 30, 2015. The dividend is predictable to be paid on August 21, 2015 to shareholders of record as of the close of business on August 17, 2015. NorthStar Realty’s common shares will start trading ex-dividend on August 13, 2015.
NorthStar Realty Finance Corp. is a commercial real estate company. The Company invests in multiple asset classes across commercial real estate (CRE). Its portfolio comprises of healthcare, hotel, manufactured housing communities, net lease, multifamily properties and international real estate, with a focus on Europe.
Finally, Franklin Resources, Inc. (NYSE:BEN), ended its last trade with -0.53% loss, and closed at $45.21.
Franklin Resources, declared the launch of Franklin Flexible Alpha Bond Fund (“the fund”) (NASDAQ: FABFX), which aims to provide attractive risk-adjusted total returns over a full market cycle by allocating its portfolio across a broad range of global fixed income sectors.
“Given the recent concerns with respect to rising interest rates and the related desire for additional diversification in the fixed income markets, we believe Franklin Flexible Alpha Bond Fund should fulfill investors’ rapidly growing demands for an alternative to traditional core fixed income allocations,” said the fund’s co-lead manager, Michael Materasso, senior vice president and co-chair of the Franklin Templeton Fixed Income Policy Committee. “The fund seeks to complement traditional fixed income asset classes by potentially providing low correlation to conventional holdings.”
Franklin Resources, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships.
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