Goldman Sachs met senior executives at NAREIT’s Annual Convention and here is a small list as to what Goldman feels about the following companies.

Goldman Sachs gave Boston Properties, Inc. (NYSE: BXP) a Buy rating as it feels that Boston has a 95% leased portfolio and has cash balance of over $1.4 billion to meet its capital needs. Boston Properties, Inc. (NYSE: BXP) is currently trading at $67.05, fell by 0.61% ni the morning trading hours.

Cousins Properties Inc (NYSE: CUZ) was given a Neutral as Goldman expects that land sales will not be able to generate liquidity for CUZ in the near future. But Cousins Properties Inc (NYSE: CUZ) plans to gain scale in Texas and Carolina markets and focuses on its core commercial portfolio. CUZ declined 0.41% to $7.22.

SL Green Realty Corp. (NYSE: SLG) was also given a Neutral by Goldman as SLG requires investment to be made in opportunities available for SLG. SLG feels that mezzanine lending platform can offer equity ownership opportunities to the company. SLG is trading at $43.82, down 0.64%.

Goldman gave a Buy rating to CBL & Associates Properties, Inc. (NYSE: CBL) as CBL looks for a strategic partner that could help it to deleverage its balance sheet and expects positive same store sales in 2010. CBL is down 1.56% at $9.49.

Kimco Realty Corporation (NYSE: KIM) was also given a Buy as KIM focuses on reducing leverage and sell its non-core assets. KIM also looks for some acquisition opportunities to expand its asset management platform. KIM is up 0.86% at $12.92 in the morning trading hours.

Barron’s magazine has a lot of great data.  One of my favorite table lists "Insider Transactions" for the week.  In this week’s edition, I noticed something very unusual.  The insider purchases were dominated by microcaps.  More than half of the companies on the list with insider purchases over $200,000 had market caps below $500 million, [...]

Real estate investment trust Cousins Properties Inc. (CUZ) recently said it would record an impairment charge of $39 million, or 74 cents per share, in the third quarter relating to its joint venture interest in Terminus 200. This 565,000 square feet office building in Atlanta, in which Cousins holds a 50% stake, was completed last [...]

(CUZ) Cousins Properties Inc to Record Charge in Q3

Cousins Properties Inc. (CUZ), a leading real estate investment trust (REIT), recently announced the layoff of 10% of its corporate staff to reduce costs amid the continued economic downturn. Fundamentals are declining in many of the company’s office markets as corporate expansion continues to slow. More and more corporations are putting off leasing decisions until the [...]

(CUZ) Cousins Announces Staff Layoffs

Cousins Properties Inc. (CUZ), a leading real estate investment trust (REIT), has drastically reduced its third quarter dividend in order to conserve cash in the current credit-constrained market. The company has declared a third quarter dividend of $0.15 per share, down from $0.25 in the previous quarter. The reduction in the quarterly dividend payout was based on the current estimate of taxable income. In order to maintain the REIT standard, companies are required to pay annually at least 90% of the taxable income as shareholder dividends. Cousins Properties will pay the third quarter dividend in a combination of cash and stock. The cash component would not exceed one-third of the total dividend. Shareholders would have the right to decide on the composition of the dividends. With the reduction in dividend, the[More...]

Yesterday, Moody’s released its commercial real estate index and reported that nationwide prices for all types of commercial real estate (CRE) plunged by 8.6% in April from March and now stand 25.3% below a year ago, and are off 29.5% from their October 2007 peak. The Moody’s/REAL CPPI is a repeat sales ...

REITcalls: Cousins Properties Incorporated 2008 Q4 Earnings Call Date: February 10, 2009 Program Length: 56:09 Website: http://www.REITcafe.com TOPIC: Cousins Properties Incorporated 2008 Q4 Earnings Call Company Website: http://www.cousinsproperties.com

REITcalls: Cousins Properties Incorporated 2008 Q3 Earnings Call Date: November 6, 2008 Program Length: 1:01:54 Website: http://www.REITcafe.com TOPIC: Cousins Properties Incorporated 2008 Q3 Earnings Call Company Website: http://www.cousinsproperties.com

REITcalls: Cousins Properties Incorporated 2008 Q2 Earnings Call Date: August 12, 2008 Program Length: 35:58 Website: http://www.REITcafe.com TOPIC: Cousins Properties Incorporated 2008 Q2 Earnings Call Company Website: http://www.cousinsproperties.com

REITcalls: Cousins Properties Incorporated 2008 Q1 Earnings Call Date: May 13, 2008 Program Length: 48:40 Website: http://www.REITcafe.com TOPIC: Cousins Properties Incorporated 2008 Q1 Earnings Call Company Website: http://www.cousinsproperties.com

REITcalls: Cousins Properties Incorporated 2007 Q4 Earnings Call Date: February 12, 2008 Program Length: 56:58 Website: http://www.REITcafe.com TOPIC: Cousins Properties Incorporated 2007 Q4 Earnings Call Cousins Properties Incorporated Website: www.cousinsproperties.com