DOCSLIB.ORG

The Daily Reitbeat Th September 11 , 2019

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
The Daily Reitbeat Th September 11 , 2019 The Daily REITBeat th September 11 , 2019 Total % Price Change Return Index Closing Price Change 1D 5D 1M 3M YTD Dow Jones Industrial Average 26909.43 73.92 0.28 3.03 2.37 3.48 15.36 Nasdaq Composite Index 8084.16 -3.28 -0.04 2.67 1.57 3.74 21.84 S&P 500 Index 2979.24 0.81 0.03 2.51 2.08 3.45 18.84 MSCI US REIT Index 1277.86 -10.35 -0.80 -0.44 1.60 3.04 20.86 FTSE NAREIT REIT Index 771.66 -8.97 -1.15 -1.56 1.08 3.08 22.73 VIX Index 15.19 -0.08 -0.59 -22.79 -15.47 -4.53 -40.24 MSCI US REIT Index Daily Performance Chart IYR/VNQ Daily Performance Chart PAGE 1 The Daily REITBeat th September 11 , 2019 REIT/Real Estate Headlines SAFE Announced it has entered into a definitive agreement to create a new $275 million Safehold™ ground lease at 195 Broadway in New York City HPT Priced a 3-part notes offering totaling $1.7 billion comprised of $825 million of 4.35% unsecured senior notes due 2024, $450 million of 4.75% unsecured senior notes due 2026, and $425 million of 4.95% unsecured senior notes due 2029 STAY Priced $750 million of 4.625% senior notes due 2027 in a private offering and intends to use the net proceeds from this offering, together with cash on hand, to repay a portion of its outstanding borrowings under its existing term loan and to pay related fees and expenses WPC Priced an underwritten public offering of €500 million aggregate principal amount of 1.350% Senior Notes due April 15, 2028 BFS Priced 4 million depositary shares, each representing a 1/100th fractional interest in a share of the Company's 6.00% Series E Cumulative Redeemable Preferred Stock raising net proceeds of $96.35 million and intends to use the net proceeds from this offering to redeem all or a portion of the outstanding shares of its 6.875% Series C Cumulative Redeemable Preferred Stock and the related depositary shares HST Yesterday morning, S&P raised its issuer credit rating to “BBB-“ from “BB+” with a stable outlook CHSP Yesterday morning, shareholders approved the merger with PK which is expected to close on or about September 18th HT Yesterday morning, company closed on the refinancing of its $300 million Senior Unsecured Term Loan and also entered into a series of new swap contracts to fix the interest rates on the remaining $400.9M of Senior Unsecured Term Loans which eliminates all near term debt maturities DRH Yesterday morning, company announced update on the impact of Hurricane Dorian and expects “the storm-related earnings disruption to be less than $1 million in Hotel Adjusted EBITDA for the portfolio" REIT Analyst Initiations/Upgrades/Downgrades/Reiterations INITIATIONS HLT: Yesterday, Bernstein initiated with an Outperform rating ($108 price target) MAR: Yesterday, Bernstein initiated with a Market Perform rating UPGRADES DLR: Guggenheim downgrades to Neutral from Buy (raise price target by $5 to $132) COR: Morningstar upgrades to Hold from Sell (maintain $105 price target) DOWNGRADES VNO: Yesterday, Morningstar downgraded to Hold from Buy (maintain $68 price target) HST: Yesterday, Morningstar downgraded to Hold from Buy (maintain $19.60 price target) ESRT: Yesterday, Morningstar downgraded to Hold from Buy (maintain $15 price target) PAGE 2 The Daily REITBeat th September 11 , 2019 Guggenheim Tower + Data Center REIT Reiterations Buy: CONE ($81), EQIX ($585), QTS ($54) Neutral: AMT ($240), CCI ($148), COR ($119), SBAC ($255) Raymond James REIT Reiterations (Yesterday) Strong Buy: ADC ($84), ROIC ($20) Outperform: NNN ($62), STOR ($40) Market Perform: O, SAFE Wells Fargo REIT Reiterations (Yesterday) Outperform: HST ($20), RHP ($90), SHO ($15) Market Perform: REXR ($48) REITERATIONS UE: Compass Point reiterates Buy rating (raise price target by $2 to $22) MAA: Yesterday, SunTrust Robinson reiterated Buy rating (raised price target by $10 to $130) VER: Yesterday, JMP reiterated Market Outperform rating (raised price target by $1 to $10) MAC: Yesterday, Barclays reiterated Equalweight rating (lowered price target by $3 to $33) HT: Yesterday, Stifel reiterated Hold rating (lowered price target by $1.50 to $16) Daily REIT Performance by Sector Sector / (%) Retail REITs 1.01 Lodging REITs 1.00 Office REITs 0.46 Residential REITs 1.35 Diversified REITs 1.38 Industrial REITs 1.62 Specialized REITs 1.99 Health Care REITs 2.28 Top 10 REIT Movers Yesterday Ticker UP (%) Ticker DOWN (%) CBL 25.24 CTRE 4.85 GPI 6.50 SBAC 4.33 PEI 6.47 COR 3.96 TCO 6.34 PSB 3.64 SKT 6.32 AMT 3.48 CDR 6.23 OUT 3.41 MAC 5.98 CHCT 3.21 CLDT 4.40 ELS 3.03 ANH 4.37 TRNO 2.96 HT 4.21 CCI 2.90 PAGE 3 The Daily REITBeat th September 11 , 2019 Top 10 REIT Volume Disparities vs 30-Day Average Ticker UP (%) Ticker DOWN (%) MPW 361.27 PLYA 69.03 CBL 238.44 CUZ 55.94 SKT 156.98 CORR 54.64 AAT 156.62 CMO 51.17 AMT 145.63 SRC 50.27 CHSP 141.51 HHC 48.35 MAC 129.83 RWT 45.73 SBAC 129.37 PLYM 44.10 VER 127.88 SAFE 43.55 OHI 123.79 SMTA 43.54 REIT/Real Estate Articles APARTMENT REITS/REAL ESTATE Miami NXRT Avant at Pembroke Pines Acquisition Article: https://www.bizjournals.com/southflorida/news/2019/09/10/public-company-buys-south-florida-apartment.html HEALTH CARE REITS Commercial Property Executive HCP 35 Cambridge Park Drive Acquisition Article: https://www.cpexecutive.com/post/hcp-to-acquire-cambridge-building-for-333m/ INDUSTRIAL REITS Seeking Alpha Hoya Industrial REITs Sector Analysis Article: https://seekingalpha.com/article/4290856-industrial- reits-bite-hand-feeds LODGING REITS/REAL ESTATE WSJ Anbang Luxury Hotel Portfolio Disposition Article: https://www.wsj.com/articles/china-s-anbang-to-sell-u-s- hotels-for-more-than-5-8-billion-11568148794 Bloomberg Anbang Luxury Hotel Portfolio Disposition Article: https://www.bloomberg.com/news/articles/2019-09- 10/anbang-sells-luxury-hotels-to-s-korea-s-mirae-for-5-8-billion GlobeSt.com CHSP/PK Merger Closure Update Article: https://www.globest.com/2019/09/10/chesapeake- shareholders-approve-2-7b-acquisition-by-park-hotels/ Commercial Property Executive HT Term Loan Refinancing Article: https://www.cpexecutive.com/post/hersha- hospitality-refinances-300m-term-loan/ MALL & RETAIL REITS/REAL ESTATE Commercial Property Executive WPG DeBartolo Commons Development Proposal Article: https://www.cpexecutive.com/post/washington-prime-group-jv-to-develop-youngstown-mixed-use-project/ Seeking Alpha Mall REIT Sector Outlook Article: https://seekingalpha.com/article/4290753-mall-turnaround PAGE 4 The Daily REITBeat th September 11 , 2019 OFFICE REITS/REAL ESTATE WSJ Office Landlords Flexible Office Leasing Platforms Outlook Article: https://www.wsj.com/articles/weworks- latest-threat-old-school-landlords-trying-to-copy-wework-11568127640 NY Real Deal VNO 512 W. 22nd Street WarnerMedia Lease Article: https://therealdeal.com/2019/09/10/warnermedia-inks-deal-to-anchor-vornados-west-chelsea-spec-office- building/ GlobeSt.com VNO 330 W. 34th Street Marquee Brands Lease Article: https://www.globest.com/2019/09/10/marquee-brands-finalizes-lease-at-vornado-office-space/ SELF STORAGE REITS Commercial Property Executive Self Storage REITs Building Brand Awareness Article: https://www.cpexecutive.com/post/building-brand-awareness-in-the-self-storage-industry/ OTHER REIT SECTOR ARTICLES Washington JBGS West Half Opening Article: https://www.bizjournals.com/washington/news/2019/09/10/jbg- smith-west-halfs-inks-more-restaurants-opens.html ETF.com Real Estate ETFs Analysis Article: https://www.etf.com/sections/features-and-news/best-performing-real- estate-etfs Seeking Alpha REIT Investment Outlook Article: https://seekingalpha.com/article/4290407-5-biggest-myths-reit- investing BLOOMBERG ECONOMIC CALENDAR * 8:30am: PPI Final Demand MoM, est. 0.0%, prior 0.2% * 8:30am: PPI Ex Food and Energy MoM, est. 0.2%, prior -0.1% * 8:30am: PPI Ex Food, Energy, Trade MoM, est. 0.2%, prior -0.1% * 8:30am: PPI Final Demand YoY, est. 1.7%, prior 1.7% * 8:30am: PPI Ex Food and Energy YoY, est. 2.15%, prior 2.1% * 8:30am: PPI Ex Food, Energy, Trade YoY, prior 1.7% * 10am: Wholesale Inventories MoM, est. 0.2%, prior 0.2% * 10am: Wholesale Trade Sales MoM, est. 0.5%, prior -0.3% PAGE 5 The Daily REITBeat th September 11 , 2019 David Auerbach, Principal Mary Jensen, Founder & CEO [email protected] [email protected] 214.492.3777 310.526.1707 David Auerbach has been in the securities business for over 20 Mary Jensen is a proven strategic communicator and capital years serving as an institutional trader specializing in REITs (Real markets executive with progressive in-house experience in Estate Investment Trust), Equity and Preferred stocks, MLPs, corporate strategy, marketing, business development and ETFs, and Closed End Funds. He has spent his entire career in investor relations gained primarily within the REIT/Commercial Dallas, TX. Real Estate industry. Ms. Jensen is recognized for driving investment decisions by major Wall Street firms, enhancing David departed Esposito Securities after 6½ years in December stakeholder relationships and gaining better exposure with 2018 where he helped to build out the REIT/Real Estate platform financial institutions, as well as establishing business with institutional investors and Equity REITs and worked with partnerships and processes to achieve company goals. Serving as ETF issuers on seeding, relationship building, and order a trusted advisor to C-Suite Executives and company Boards, execution. David also specialized in Closed End Fund stocks Mary has a proven track record of effectively communicating an handling large blocks of trades in highly illiquid names.
Load more

Recommended publications
  • Lower Manhattan/The Financial District
    05_773395 ch01.qxd 2/6/06 7:39 PM Page 7 • Walking Tour 1 • Lower Manhattan/The Financial District Start: Battery Park/U.S. Customs House. Subway: Take the 4 or 5 to Bowling Green, the 1 to South Ferry, or the R or W to Whitehall Street. Finish: African Burial Ground. Time: Approximately 3 hours. Best Time: Any weekday, when the wheels of finance are spin- ningCOPYRIGHTED and lower Manhattan is a maelstrom MATERIAL of activity. Worst Time: Weekends, when most buildings and all the finan- cial markets are closed. The narrow, winding streets of the Financial District occupy the earliest-settled area of 7 05_773395 ch01.qxd 2/6/06 7:39 PM Page 8 8 • Memorable Walks in New York Manhattan, where Dutch settlers established the colony of Nieuw Amsterdam in the early 17th century. Before their arrival, downtown was part of a vast forest, a lush hunting ground for Native Americans that was inhabited by mountain lions, bobcats, beavers, white-tailed deer, and wild turkeys. Hunters followed the Wiechquaekeck Trail, a path through the center that today is more often referred to as Broadway. This section of the city still centers on commerce, much as Nieuw Amsterdam did. Wall Street is America’s strongest symbol of money and power; bulls and bears have replaced the wild beasts of the forest, and conservatively attired lawyers, stockbrokers, bankers, and businesspeople have supplanted the Native Americans and Dutch who once traded otter skins and beaver pelts on these very streets. A highlight of this tour is the Financial District’s architec- ture, in which the neighborhood’s modern edifices and grand historical structures are dramatically juxtaposed: Colonial, 18th-century Georgian/Federal, and 19th-century neoclassical buildings stand in the shadow of colossal modern skyscrapers.
    [Show full text]
  • Personal Property Tax Commitment Book
    Farmington Personal Property Tax Commitment Book - 2019 19.980 8/30/2019 8:10 AM 2019 Taxes Receivable Page 1 Account Name & Address Category Breakdown Assessment Exempt Total Tax 164 101 PARK AVENUE 31,600 0 31,600 631.37 PARTNERS INC 200 SUMMIT LAKE DRIVE MACHINERY & EQUIPMENT 31,600 FLOOR 2 VALHALLA NY 10595 1356 615 WILTON ROAD 342 3D GAMES 12,000 0 12,000 239.76 133 BROADWAY SUITE 1 FURNITURE & FIXTURES 10,500 OTHER 1,500 FARMINGTON ME 04938 133 BROADWAY 471 3M COMPANY 0 0 0 0.00 C/O RYAN LLC PO BOX 4900 DEPT 575 SCOTTSDALE AZ 85261 4900 357 82 HIGH STREET INC 3,500 3,500 0 0.00 103 SAWTELLE LANE FURNITURE & FIXTURES 2,700 MACHINERY & EQUIPMENT 400 FARMINGTON COMPUTER, copiers etc 400 ME 04938 103 SAWTELLE LANE 1036 A POOCHS PARADISE 6,200 0 6,200 123.88 KEENE, SHELLY & WHITE, FURNITURE & FIXTURES 2,200 JEANNE 442 FARMINGTON FALLS MACHINERY & EQUIPMENT 4,000 ROAD FARMINGTON ME 04938 442 FARMINGTON FALLS ROAD 368 ACME LAND SURVEYING LLC 49,900 45,200 4,700 93.91 108 FAIRBANKS ROAD FURNITURE & FIXTURES 13,800 SUITE 5 MACHINERY & EQUIPMENT 29,900 FARMINGTON ME 04938 COMPUTER, copiers etc 6,200 108 FAIRBANKS ROAD 665 ADAMS BROS MONUMENT CO 2,400 0 2,400 47.95 488 FARMINGTON FALLS MACHINERY & EQUIPMENT 2,100 ROAD OTHER 300 FARMINGTON ME 04938 108 HIGH STREET Assessment Exempt Total Tax Page Totals: 105,600 48,700 56,900 1,136.87 Subtotals: 105,600 48,700 56,900 1,136.87 Farmington Personal Property Tax Commitment Book - 2019 19.980 8/30/2019 8:10 AM 2019 Taxes Receivable Page 2 Account Name & Address Category Breakdown Assessment Exempt
    [Show full text]
  • RECEIVED 7012 SEP 14 Pm I
    RECEIVED 7012 SEP 14 pM i ATTORNEYS AT LAW Molly O'Leary lU i-: 1iSSOj Tel: 208-938-7900 Fax: 208-938-7904 [email protected] P.O. Box 7218 Boise, ID 83707 - 515 N. 27th St. Boise, ID 8370 14 September 2012 Ms. Jean Jewell Hand Delivered Commission Secretary Idaho Public Utilities Commission 472 W. Washington Al l - I Boise, ID 83702 RE: IN THE MATTER OF THE JOINT APPLICATION OF AT&T COMMUNICATIONS OF THE MOUNTAIN STATES, INC. AND AT&T CORP. TO AMEND CERTIFICATE OF PUBLIC CONVENIENCE AND NECESSITY NO. 295 TO REFLECT MERGER OF THE APPLICANTS Dear Ms. Jewell: Enclosed please find the above-referenced JOINT APPLICATION for filing on behalf of AT&T COMMUNICATIONS OF THE MOUNTAIN STATES, INC. AND AT&T CORP. We have enclosed an original and seven (7) copies, as well as an additional copy to be file-stamp for our records. Very truly yours, Molly ' ry Ric dso O'Leary, PLLC End. Molly O'Leary (ISB No. 4996) RICHARDSON & O'LEARY, PLLC 1 1 2 515 N. 27th Street Boise, Idaho 83702 Telephone: (208) 938-7900 Fax: (208) 938-7904 E-mail: [email protected] Attorneys for AT&T Communications of the Mountain States, Inc. and AT&T Corp. BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION IN THE MATTER OF THE JOINT ) APPLICATION OF AT&T ) CASE NO. COMMUNICATIONS OF THE MOUNTAIN) STATES, INC. AND AT&T CORP. TO ) JOINT APPLICATION TO AMEND AMEND CERTIFICATE ) CERTIFICATE OF PUBLIC OF PUBLIC CONVENIENCE AND ) CONVENIENCE AND NECESSITY NECESSITY NO. 295 TO REFLECT ) No. 295 MERGER OF THE APPLICANTS ) AT&T Communications of the Mountain States, Inc., (hereinafter "AT&T Comm.") and AT&T Corp.
    [Show full text]
  • Volume 34, Issue 2, January 8, 2014 Published By: the Secretary Of
    Volume 34, Issue 2, January 8, 2014 The Central Register Published by: The Secretary of the Commonwealth, William Francis Galvin CENTRAL REGISTER Published weekly by William Francis Galvin, Secretary of the Commonwealth Volume 34, Issue 2, January 8, 2014 DESIGNER SERVICES Request for Proposals 1 GENERAL CONTRACTS Invitation to Bid 6 CONTRACTORS OBTAINING PLANS/SPECIFICATIONS 35 CONTRACT AWARDS 42 LEASE, RENTAL, SALE, PURCHASE, ACQUISITION OR DISPOSITION OF REAL PROPERTY Notice of Proposed Disposition of Real Property 44 Office of Lease Management 49 MISCELLANEOUS Groundwater Discharge Permit - LIST OF DEBARRED CONTRACTORS DCAM 52 Attorney General 53 DEPARTMENT OF INDUSTRIAL ACCIDENTS DEBARMENT LIST 55 LIST OF DECERTIFIED CONTRACTORS DCAM 56 SUPPLIER DIVERSITY OFFICE Companies Certified - Companies Decertified - DESIGNER SELECTION BOARD - The Central Register is a state publication of public contracting opportunities, contract awards and related information received by the Secretary of the Commonwealth under the provisions of M.G.L. c. 9, § 20A. William Francis Galvin Secretary of the Commonwealth STATE BOOKSTORE State House, Room 116 Boston, MA 02133 (617) 727-2834 CENTRAL REGISTER SUBSCRIPTION INFORMATION The Central Register is available in electronic form only. The total subscription price is $100 per year. You may subscribe to this publication on the following website: http://www.sec.state.ma.us/PublicationSubscriptionPublic/Login.aspx Please feel free to contact the State Bookstore with any questions that you may have regarding your subscription. Phone: (617) 727-2834 Email: [email protected] ** State Agencies Only** CHECKS WILL NOT BE ACCEPTED FROM STATE AGENCIES. State agencies are required to use the IE/ITI system. State agencies must complete the following information in order for their subscription to be processed.
    [Show full text]
  • TM 3.1 Inventory of Affected Businesses
    N E W Y O R K M E T R O P O L I T A N T R A N S P O R T A T I O N C O U N C I L D E M O G R A P H I C A N D S O C I O E C O N O M I C F O R E C A S T I N G POST SEPTEMBER 11TH IMPACTS T E C H N I C A L M E M O R A N D U M NO. 3.1 INVENTORY OF AFFECTED BUSINESSES: THEIR CHARACTERISTICS AND AFTERMATH This study is funded by a matching grant from the Federal Highway Administration, under NYSDOT PIN PT 1949911. PRIME CONSULTANT: URBANOMICS 115 5TH AVENUE 3RD FLOOR NEW YORK, NEW YORK 10003 The preparation of this report was financed in part through funds from the Federal Highway Administration and FTA. This document is disseminated under the sponsorship of the U.S. Department of Transportation in the interest of information exchange. The contents of this report reflect the views of the author who is responsible for the facts and the accuracy of the data presented herein. The contents do no necessarily reflect the official views or policies of the Federal Highway Administration, FTA, nor of the New York Metropolitan Transportation Council. This report does not constitute a standard, specification or regulation. T E C H N I C A L M E M O R A N D U M NO.
    [Show full text]
  • Municipal Register of Properties Designated Under Part V of the Ontario Heritage Act Downtown Heritage Conservation District By-Law 22-2002
    Town of Orangeville Municipal Register of Properties Designated under Part V of the Ontario Heritage Act Downtown Heritage Conservation District By-law 22-2002 Legal Street Year Description and Description Picture Address Built Property Owner 35 Armstrong Street Plan 138, Block 5, Old Train Station (originally 1907 Part Lot 3 situated on Townline and moved to its current location) 63 Broadway Plan 159, Block 3, Georgian style building known c 1852 Lot 1 as Greystones Inn or Graham's Tavern, was originally owned by James Graham, and is one of the first permanent structures in what was to become the Town of Orangeville. 1 Town of Orangeville Municipal Register of Properties Designated under Part V of the Ontario Heritage Act Downtown Heritage Conservation District By-law 22-2002 Legal Street Year Description and Description Picture Address Built Property Owner 64/72 Broadway Plan 138, Block 5, Part Georgian style Wellington 1858 Lots 1,2 Buildings originally owned by Robert Galbraith. (among the first commercial structures in Orangeville) 65 Broadway Plan 159, Block 2, Edwardian Classicism style 1924 Lot 12 constructed as a private residence by William and Elizabeth Morrow. Converted to commercial uses circa 1978. 2 Town of Orangeville Municipal Register of Properties Designated under Part V of the Ontario Heritage Act Downtown Heritage Conservation District By-law 22-2002 Legal Street Year Description and Description Picture Address Built Property Owner 67 Broadway Plan 159, Block 2, Victorian Gothic style originally 1918 Lot 11 constructed
    [Show full text]
  • 20-10990-Mew Doc 325 Filed 10/05/20
    20-10990-mew Doc 325 Filed 10/05/20 Entered 10/05/20 11:58:31 Main Document Pg 1 of 10 20-10990-mew Doc 325 Filed 10/05/20 Entered 10/05/20 11:58:31 Main Document Pg 2 of 10 EXHIBIT A 20-10990-mew Doc 325 Filed 10/05/20 Entered 10/05/20 11:58:31 Main Document Pg 3 of 10 Exhibit A Service List Service as set forth as stated below Description Name Address Method of Service Contracts/Agreements 261 Fifth Ave Tic Owner LLC 7 Penn Plaza New York, NY 10001 First Class Mail Landlord 261 Fifth Ave Tic Owner LLC P.O. Box 2162 Hicksville, NY 11802 First Class Mail Landlord 261 Fifth Avenue TIC Owner LLC and c/o Robinson Brog Attn: Fred Ringel 875 Third Ave, 9th Fl New York, NY 10022 First Class Mail Royalty 289C Apparel Ltd Attn: Rob Schrimsher 1 Cowboys Way, Ste 300 Frisco, TX 75034 First Class Mail Contracts/Agreements 289C Apparel Ltd ‐Texas University Attn: Rob Schrimsher One Cowboys Way, Ste 300 Frisco, TX 75034 First Class Mail Trade Payable A E S 101 Technology Ln Mt Airy, NC 27030 First Class Mail Trade Payable A&C Pest Management Corp 392 East Meadow Ave East Meadow, NY 11554 First Class Mail Trade Payable A.N. Deringer Inc Attn: Randi M Cheeseman 64 N Main St Saint Albans, VT 05478 First Class Mail Trade Payable Aa Mills P.O. Box 2310 Griffin, GA 30224 First Class Mail Matrix Acc Business P.O. Box 105306 Atlanta, GA 30348 First Class Mail Utilities Acc Business P.O.
    [Show full text]
  • 2019 Megabrands Table of Contents
    2019 MEGABRANDS TABLE OF CONTENTS I. OOH Industry Revenue Overview II. 2019 Top 100 OOH Advertisers III. 2019 Top 100 Overall Advertisers IV. 2019 Agency List - Top 100 OOH Advertisers V. 2019 Agency List - Top 100 Overall Advertisers VI. OOH Agencies & Specialists Overview OOH INDUSTRY OVERVIEW Top 10 OOH Revenue Categories by Quarter and Full Year 2019 2019 January - March OOH Advertising Expenditures Ranked By Total Spending Category Growth Percentage Change Jan - Mar Percent of Jan - Mar Jan - Mar Jan - Mar 2019 Total 2018 '19 vs '18 '19 vs '18 Industry Categories ($m) Revenue Rank ($m) Rank ($m) (%) MISC LOCAL SERVICES & AMUSEMENTS 435,139.6 24.5% 1 403,806.8 1 31,332.8 7.8% RETAIL 174,055.8 9.8% 2 175,932.4 2 -1,876.6 -1.1% MEDIA & ADVERTISING 163,399.3 9.2% 3 144,097.0 3 19,302.3 13.4% PUBLIC TRANSPORT, HOTELS & RESORTS 124,325.6 7.0% 4 122,314.9 5 2,010.7 1.6% RESTAURANTS 115,445.2 6.5% 5 130,692.7 4 -15,247.5 -11.7% FINANCIAL 106,564.8 6.0% 6 100,532.8 6 6,032.0 6.0% INSURANCE & REAL ESTATE 103,012.6 5.8% 7 87,128.4 8 15,884.2 18.2% GOVERNMENT, POLITICS & ORGS 94,132.2 5.3% 8 92,155.1 7 1,977.1 2.1% AUTOMOTIVE DEALERS & SERVICES 74,595.4 4.2% 9 75,399.6 9 -804.2 -1.1% SCHOOLS, CAMPS & SEMINARS 69,267.1 3.9% 10 70,373.0 10 -1,105.9 -1.6% Total Top Ten Categories 1,459,937.6 82.2% 1,402,432.7 57,504.9 Total 2019 January - March OOH Expenditures $1,776,079,816 Overall Percentage Change January - March '19 vs '18 6.0% Source: Kantar Media, OAAA - May 2019 Prepared by the Out of Home Advertising Association of America 2019 April -
    [Show full text]
  • Truth and Lies of What People Are Really Thinking
    Dedication For Lex and Stella Epigraph Everything we see is a perspective, not the truth —Falsely attributed to Marcus Aurelius (author unknown) Contents Cover Title Page Dedication Epigraph Introduction Part One Genuine Deceptions 1 Body Language Lies 2 Powerful Thinking 3 Mind Your Judgments 4 Scan for Truth Part Two Dating 5 They’re Totally Checking Me Out! 6 Playing Hard-to-Get 7 Just Feeling Sorry for Me 8 I’m Being Ghosted 9 What a Complete Psycho! 10 They Are Running the Show 11 I’m Going to Pay for That! 12 They Are So Mad at Me 13 A Lying Cheat? 14 Definitely into My Friend 15 A Match Made in Heaven? 16 They Are So Breaking Up! Part Three Friends and Family 17 Thick as Thieves 18 My New Bff? 19 Fomo 20 Control Freak 21 Too Close for Comfort 22 They’ll Never Fit in with My Family 23 House on Fire! 24 I Am Boring the Pants off Them 25 Lying Through Their Teeth 26 Persona Non Grata 27 Invisible Me Part Four Working Life 28 I Aced That Interview—So, Where’s the Job Offer? 29 They Hate My Work 30 Big Dog 31 Never Going to See Eye to Eye 32 Cold Fish 33 They’re Gonna Blow! 34 This Meeting Is a Waste of Time 35 Looks Like a Winning Team 36 So, You Think You’re the Boss 37 Hand in the Cookie Jar Summary Bonus Bluff Learn more Acknowledgments Notes About the Authors Praise for Truth & Lies Also by Mark Bowden Copyright About the Publisher Introduction WE CAN ALL RECALL EXAMPLES when our sense of what another person was thinking turned out to be the truth.
    [Show full text]
  • Engineering's Oldest Profession "BUILDING a BETTER TOMORROW"
    UNDER FIRE the performance of men and machines depends on what they are made of. United States Steel makes the materials for the machines, whether it's a very tough armor plate, or heat-resistant alloy, or Stainless Steels. You might be interested in some of the USS steels developed specifically for aircraft and missiles: USS Strux, an alloy steel with close to 300,000 psi tensile strength primarily for aircraft landing gears; USS Airsteel X-200, an air-hardenable alloy steel with 230,000 psi yield strength for aircraft sheet and missile applications; USS 12MoV and USS 17-5 MnV Stainless Steels for high-speed aircraft and missiles; Stainless "W", a precipitation-hardenable Stainless Steel. New "exotic" metals, new methods for making them, present an exciting challenge. Men willing to accept this challenge—civil, industrial, mechanical, metallurgical, ceramic, electrical or chemical engineers have a future with United States Steel. Write to: United States Steel, Personnel Division, Room 2316, 525 William Penn Place, Pittsburgh 30, Pennsylvania. USS is a registered trademark DOW is tomorrow-minded people... A chemist, with his mind on his own specialty exclu- company and wants to back up that belief with cash. sively, might say: "The chief raw materials for He is a builder at work or in his community. He gets Dow products are sea water, brine, petroleum, coal, a kick out of creating new things. Such products as oyster shells." Up to a point he would be right. But Saran Wrap*, Separan* for the mining industry, the in fact he would be overlooking the most important new fiber Zefran*, and others.
    [Show full text]
  • February 15, 2018 Omnicom Media Group Stays at 195 Broadway
    February 15, 2018 Link to Article Omnicom Media Group Stays at 195 Broadway The global marketing and corporate communications company will remain in the L&L Holding Company’s Lower Manhattan building. By Betsy Kim NEW YORK CITY—Omnicom Media Group, the media services division of Omnicom Group, Inc. has recommitted to keeping its offices at 195 Broadway in Lower Manhattan. The advertising conglomerate will relocate from the building’s upper floors to a contiguous 205,514 square-foot space, spanning the entire fourth through eighth floors. In addition to the new space, the 15-year lease renews the 82,006 square feet currently occupied by Omnicom on the 17th and 18th floors. With the expansion, Omnicom will lease a total of 287,520 square feet in the landmarked 29- story office building. The asking rents in the building are $65 per square foot. Omnicom will redesign the former AT&T auditorium on the fourth and fifth floors, which will serve as the centerpiece of its new premises. It has commissioned HLW Architects to convert the existing 30-foot high space to create a unique entrance with a shared workspace for employees and guests. “We are thrilled to extend our relationship with Omnicom, which has been our tenant for nearly a decade,” said L&L Holding Company chairman and CEO David W. Levinson. “We take pride in our ownership and the hands-on management of this historic property, which we have worked diligently to restore and renovate. We’re working hard to put smart capital back into our building and appreciate Omnicom’s vote of confidence in our efforts.” Lee Feld of Feld Realty represented the tenant while David C.
    [Show full text]
  • ZLM Sept 2006 Final
    Zoning Lot Mergers and Transfers of Development Rights Caroline G. Harris,Esq. Troutman Sanders LLP Michael Zenreich, AIA Michael Zenreich Architect, PC September 21-22, 2006 Equitable Building The Zoning Resolution of New York Zoning Map Building Dept TPPN Memorandum Zoning Zoning controls Use and Bulk Use A use is any activity, occupation, business or operation carried on, or intended to be carried on, in a building or on a tract of land. Use A "use" is: (a) any purpose for which a building or other structure or a tract of land may be designed, arranged, intended,maintained or occupied; or (b) any activity, occupation, business or operation carried on, or intended to be carried on, in a building or other structure or on a tract of land. Non- Conforming A "non-conforming" use is any lawful use, whether of a building or other structure or of a tract of land, which does not conform to any one or more of the applicable use regulations of the district in which it is located, either on December 15, 1961 or as a result of any subsequent amendment thereto. Bulk Bulk is the term used to describe the size (including height and floor area) of buildings. Bulk "Bulk" is the term used to describe the size of buildings or other structures, and their relationships to each other and to open areas and lot lines, and therefore includes: Non- Complying A "non-complying" building or other structure is any lawful building or other structure which does not comply with anyone or more of the applicable district bulk regulations either on December 15, 1961 or as a result of a subsequent amendment thereto.
    [Show full text]