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ALIZF Allianz Ag Muenchen Namen (PK)

290.128
0.128 (0.04%)
15 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Allianz Ag Muenchen Namen (PK) USOTC:ALIZF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.128 0.04% 290.128 277.15 295.00 290.128 290.128 290.128 4 21:20:00

Front Yard Residential Surges on HavenBrook Partners Deal -- Market Mover

09/08/2018 7:50pm

Dow Jones News


Allianz Ag Muenchen Namen (PK) (USOTC:ALIZF)
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Shares of Front Yard Residential Corp. (RESI) were up 20% to $12.15 Thursday after the company said it bought HavenBrook Partners LLC and a portfolio of 3,236 HavenBrook-managed homes for $485 million. According to a Bloomberg News report, HavenBrook was majority-owned by a Pacific Investment Management Co. fund. Front Yard said the deal expands its single-family rental holdings to about 15,000 homes. Front Yard also reported a narrower net loss and a higher core funds from operations for the second quarter, as rental revenue increased to $40.9 million from $30.1 million. (josh.beckerman@wsj.com)

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

August 09, 2018 14:35 ET (18:35 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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