Real Estate Development Stocks: Summit Hotel Properties (NYSE:INN), Forestar. (NYSE:FOR), Brookfield Property Partners (NYSE:BPY), Alexander & Baldwin (NYSE:ALEX), The Howard Hughes (NYSE:HHC)

Summit Hotel Properties, Inc. (NYSE:INN) Board of Directors declared, a cash dividend of $0.578125 per share of the Company’s 9.25 percent Series A Cumulative Redeemable Preferred Stock for the dividend period ending on February 27, 2015; a cash dividend of $0.4921875 per share of the Company’s 7.875 percent Series B Cumulative Redeemable Preferred Stock for the dividend period ending on February 27, 2015; and a cash dividend of $0.4453125 per share of the Company’s 7.125 percent Series C Cumulative Redeemable Preferred Stock for the dividend period ending on February 27, 2015. The dividends are payable February 27, 2015 to holders of record as of February 16, 2015. On Monday shares of Summit Hotel Properties, Inc. (NYSE:INN) closed at $12.61. Company’s sales growth for last 5 years was 17.20% and EPS growth for next 5 years is recorded as 15.30%.

Forestar Group Inc. (NYSE:FOR) will release its results for fourth quarter and full year 2014 on March 5, before the market opens. Forestar Group Inc. (NYSE:FOR) in last trading activity advanced 3.32% to close at $13.71. Company weekly performance is -0.58% while its quarterly performance stands at -21.12%. Forestar Group Inc. (NYSE:FOR) is -32.56% away from its 52 week high.

Brookfield Property Partners, L.P. (NYSE: BPY) announced that it has changed the time of its 2014 fourth quarter and full-year financial results conference call from February 4 at 11:00 AM ET to February 4 at 10:00 AM ET. On last trading day Brookfield Property Partners L.P. (NYSE:BPY) decreased -0.46% to close at $23.93. Its volatility for the week is 1.91% while volatility for the month is 1.83%. Brookfield Property Partners L.P. (NYSE:BPY) monthly performance is 4.63%.

The Board of Directors of Alexander & Baldwin, Inc. (NYSE:ALEX) approved a first quarter 2015 dividend of $0.05 (5 cents) per share. The dividend is payable on March 5, 2015 to shareholders of record as of the close of business on February 9, 2015.Alexander & Baldwin, Inc. (NYSE:ALEX) has 2.10% insider ownership while its institutional ownership stands at 80.00%. In last trading activity company’s stock closed at $38.49.

On last trading day The Howard Hughes Corporation (NYSE:HHC) advanced 1.10% to close at $132.07. Its volatility for the week is 2.15% while volatility for the month is 3.19%. HHC’s sales growth for past 5 years was 22.40% and its EPS growth for past 5 years was -31.30%. The Howard Hughes Corporation (NYSE:HHC) monthly performance is 1.27%.

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