Healthpeak Properties (DOC) recently announced that it has increased its 2024 guidance due to the strong performance of its high-quality lab, outpatient medical (OM) and continuity care retirement community (CCRC) portfolio. Healthpeak now expects funds from operations (FFO) as adjusted per share in the range of $1.80-$1.82, up from the $1.79-$1.81 range guided earlier. The Zacks Consensus Estimate is currently pegged at $1.80 per share. DOC expects total merger-combined same-store cash (adjusted) net opera ...

Cousins Properties (NYSE: CUZ ) provides a post-pandemic opportunity to invest in office real estate. Considering how office CRE has fundamentally changed since COVID, I wanted to see if there was something to a REIT that focuses on it, something that might My articles are written with a mind to owning a stock for years, not trying to predict price movements in a few months. I don't do target prices; I do valuations.I first entered investing in 2020 as an individual value investor, keen to understand the fu ...

Analyst's Disclosure: I/we have a beneficial long position in the shares of VNQ either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I hold one share of VNQ, for reference purposes. A Buy, Sell, or Hold rating in this article does not constitute a Buy, Sell, or Hold recommend ...

Shares of Cousins Properties (CUZ) have rallied 30.5% over the past six months, outperforming the industry's growth of 15.2%. Early November, Cousins Properties announced its agreement to acquire Vantage South End, a 639,000-squarefoot lifestyle office property in Charlotte's South End submarket, for $328.5 million. This strategic acquisition aligns with Cousins' Sun Belt-focused strategy and enhances its presence in one of Charlotte's most dynamic submarkets. Last month, this office real estate investment ...

Cousins Properties (CUZ) announced its agreement to acquire Vantage South End, a 639,000-square-foot lifestyle office property in Charlotte’s thriving South End submarket, for $328.5 million. This strategic acquisition aligns with Cousins’ Sun Belt-focused strategy and enhances its presence in one of Charlotte's most dynamic submarkets. Expected to close in December 2024, the transaction provides immediate financial and operational advantages, making it a highly accretive investment.Located two blocks from ...

ATLANTA, Nov. 8, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) today announced that it has priced an underwritten public offering of 6,000,000 shares of its common stock.  6,000,000 shares are being offered by the Company for expected gross proceeds of approximately $188 million before underwriting discounts and estimated offering expenses payable by the Company.  Subject to customary conditions, the offering is expected to close on November 12, 2024.BofA Securities served ...

ATLANTA, Nov. 7, 2024 /PRNewswire/ -- Cousins Properties Incorporated (the "Company") (NYSE: CUZ) today announced that it has commenced an underwritten public offering of 6,000,000 shares of its common stock. The Company intends to use the net proceeds of the offering to fund a portion of the purchase price of an office property in Charlotte, North Carolina. If this acquisition is not consummated, the net proceeds will be used for general corporate purposes, including the acquisition and development of offi ...

ATLANTA, Nov. 7, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that it is under contract to acquire Vantage South End, a 639,000 square foot lifestyle office property in Charlotte, for $328.5 million. The transaction is expected to close in December, subject to customary closing conditions.Vantage South End is located in the heart of the dynamic South End submarket and is approximately two blocks away from Cousins' existing RailYard property as well as its South End Station development ...

Cousins Properties Incorporated (NYSE:CUZ) Q3 2024 Earnings Call October 25, 2024 10:00 AM ET Company Participants Pamela Roper - General Counsel Colin Connolly - President and Chief Executive Officer Richard Hickson - Executive Vice President, Operations Kennedy Hicks - Executive Vice President and Chief Investment Officer Gregg Adzema - Chief Financial Officer Conference Call Participants Jeff Spector - Bank of America Blaine Heck - Wells Fargo Anthony Paolone - JPMorgan John Kim - BMO Capital Markets Nic ...

Cousins Properties (CUZ) reported third-quarter 2024 funds from operations (FFO) per share of 67 cents, in line with the Zacks Consensus Estimate. The figure improved by 3.1% on a year-over-year basis. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Results reflected strong leasing activity and higher rent realizations amid rising demand for office spaces. However, rise in interest expenses year over year undermine the results to some extent. CUZ also raised its 2024 outlook for FF ...