Ditech Holding Corporation Signs Purchase Agreements with New Residential Investment Corp. and Mortgage Assets Management, LLC New Residential to Serve as Proposed "Stalking Horse Bidder" in Court-Supervised Sale Process for the Assets of Ditech Financial LLC Mortgage Assets to Serve as Proposed "Stalking Horse Bidder" in Court-Supervised Sale Process for the Stock and Assets of Reverse Mortgage Solutions, Inc. PR Newswire FORT WASHINGTON, Pa., June 18, 2019 FORT WASHINGTON, Pa. , June 18, 2019...
New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) announced today that it priced its underwritten public offering of 40,297,096 shares of its common stock for gross proceeds of approximately $664.9 million. Of the total number of shares being offered, 40,000,000 shares are being offered by the Company and the remainder is being offered by FIG LLC (the “Selling Stockholder”), which acquired the shares through the exercise of outstanding options. The...
New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) announced today the commencement of a public offering of 40,297,096 shares of its common stock, subject to market conditions. Of the total number of shares being offered, 40,000,000 shares are being offered by the Company and the remainder is being offered pursuant to an exercise of options by FIG LLC (the “Selling Stockholder”). The underwriters may offer the shares from time to time for sale in one or...
New Residential Investment Corp. (NYSE: NRZ; “New Residential” or the “Company”) today reported the following information for the fourth quarter and full year ended December 31, 2018: FOURTH QUARTER FINANCIAL HIGHLIGHTS : GAAP Net Income of $0.3 million, or $0.00 per diluted share Core Earnings of $208 million, or $0.58 per diluted share* Common dividend of $185 million, or $0.50 per share FULL YEAR 2018 FINANCIAL HIGHLIGHTS : GAAP Net Income of $964 million, or $2.81 per diluted share...
Catella Residential Investment Management Acquires Residential Project Developments in Nuremberg and Stuttgart PR Newswire STOCKHOLM, Dec. 4, 2017 STOCKHOLM , Dec. 4, 2017 /PRNewswire/ -- Berlin -based investment manager Catella Residential Investment Management GmbH (CRIM), focused exclusively on the residential asset class, has acquired two residential project developments in Nuremberg and Stuttgart for an investment fund of a southern German utility. The transactions are priced at around EUR...
Catella Establishes Fund Manager Catella Residential Investment Management PR Newswire STOCKHOLM, Nov. 17, 2017 STOCKHOLM , Nov. 17, 2017 /PRNewswire/ -- Catella has established a new company, Catella Residential Investment Management GmbH (CRIM). CRIM will be wholly owned by Catella Property Fund Management AB and focus on managing European residential real estate funds. Since January 2016 Catella Real Estate AG built up a strong team of residential portfolio managers in Berlin , led by Xavier...