BRP: Brookfield Residential Properties Inc. Instablogs

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Tuesday, February 12, 11:09 PM Brookfield Residential (BRP): Q4 EPS of $0.52. Revenue of $715M (+95% Y/Y) beats by $350M. (PR) Comment! [Earnings, Breaking News]
Monday, October 1, 2012, 3:42 PM Brookfield Residential (BRP +5.3%) shoots higher after a positive presentation from Mick McGuire at the Value Investing Congress. BRP boasts 30 years' worth of undervalued property, says Marcato Capital's McGuire; he also likes Alexander & Baldwin (ALEX -2.4%) and GenCorp (GY +3.4%) on the basis of their undervalued real estate assets. 1 Comment [On the Move, Quick Ideas]
Thursday, December 29, 2011, 9:10 AM Previously bearish big players are betting on a rebound in housing, buying the stocks and bonds of builders such as Pulte (PHM), Beazer (BZH), and Hovnanian (HOV). Ivy Zelman switches sides as well, believing higher rents will push would-be buyers out of their apartments. "The smartest money in the world has been carried out on stretchers betting on a true recovery for housing," cautions Mark Hanson. 1 Comment [U.S. Economy, Quick Ideas]
Wednesday, January 12, 2011, 11:40 AM Home builders expect to start on 575K single-family homes this year - up 21% from 2010, but a far cry from 2005's 1.7M. Housing doesn't really look less shaky, and that NAHB forecast has a big assumption: that job growth gets more consistent. 10 Comments
Tuesday, October 5, 2010, 7:50 AM Brookfield Properties (BPO) is combining some of its assets with Brookfield Homes (BHS) to form a new company called Brookfield Residential Properties Inc. Brookfield Residential will hold $2.5B in assets, have an equity value of $1B, and will apply to trade on the New York and Toronto stock exchanges. (PR) Comment!
Monday, June 21, 2010, 8:58 AM Consumers have stopped paying mortgages so that they can cover other bills, says Meredith Whitney on CNBC, leaving banks with rotting assets and a mounting foreclosure problem. A double dip is coming in housing, "no doubt about it." 8 Comments
Wednesday, June 16, 2010, 12:19 PM Michael Shulman's surprised that the Street was surprised by this morning's weak housing data: "What did people expect after the expiration of the home buyer tax credit, with unemployment north of 20% in the real world, and Freddie (FRE) and Fannie (FNM) now responsible for more than 97% of all new mortgages?" Shulman believes we're only 25-33% through the foreclosure crisis. 3 Comments

BRP Brookfield Residential Properties Inc.

BRP

Brookfield Residential Properties Inc.