February 26, 2025 - 07:51
Neuberger Berman Real Estate Securities Income Fund Inc. has disclosed the final results of its recent rights offering, aimed at enhancing its capital structure and providing additional resources for investment. The offering, which garnered significant interest, allowed existing shareholders to purchase additional shares at a predetermined price.
The Fund reported a strong response from its shareholders, with a substantial number of rights exercised. This indicates a robust confidence in the Fund's strategy and future prospects. The proceeds from the rights offering are expected to be utilized for investment purposes, which will further bolster the Fund's portfolio in the real estate sector.
The successful conclusion of this offering marks a pivotal step for the Fund, positioning it to capitalize on potential market opportunities. As the real estate landscape continues to evolve, the Fund remains committed to delivering value to its shareholders through strategic investments and prudent management practices.
June 23, 2025 - 23:14
Katherine Cruz Elevated to Engineering Manager at Hancock AssociatesDanvers, MA—Hancock Associates has announced the promotion of Katherine Cruz, P.E., LEED AP, to the position of Engineering Manager. Known affectionately as `Katie` among her colleagues, Cruz has...
June 23, 2025 - 11:48
Will the US-Iran War Trigger an Economic Crisis in America?As tensions escalate between the United States and Iran, concerns are mounting about the potential repercussions on the American economy. Analysts warn that a prolonged conflict could lead to...
June 22, 2025 - 21:27
This Week's Most Sought-After Brooklyn Properties: A Focus on Ditmas ParkIn the latest round-up of popular Brooklyn listings, attention has shifted to an array of charming properties, including a notable Colonial Revival home in Ditmas Park. These listings showcase the...
June 22, 2025 - 03:50
The Celebrity Influence: Montecito's Real Estate BoomIn recent months, the serene community of Montecito has experienced a dramatic surge in real estate activity, fueled by a blend of celebrity allure and rising buyer anxiety. Nestled in the...