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84 Lumber Closes Land Sale Deal
Spirit Realty Capital, based in Dallas, TX, Wednesday announced the Company has closed on the sale of 108 properties to a subsidiary of 84 Lumber Company, out of Eighty Four, PA. The total cash consideration received by Spirit today was US$205.7 million, consisting of US$200.7 million to purchase the assets, and a US$5 million amendment…
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North America Forest Company Quarterly Reports: 3Q 2016
This week Canfor, Weyerhaeuser, Domtar, and International Paper all released quarterly earnings reports. Canfor Corporation, out of Vancouver, BC, Wednesday reported net income attributable to shareholders of $50.9 million, or $0.38 per share, for 3Q 2016, compared to shareholder net income of $36.0 million, or $0.27 per share, for 2Q 2016 and a net loss…
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BC New Representative for Softwood Lumber Trade
The British Columbia government has switched chief negotiators on the softwood lumber file, according to the Vancouver Sun October 12. Dana Hayden, a former BC deputy minister for forests and international trade, left the job on September 30 after two years as chief negotiator. BC replaced her with John Allan, the former president of the…
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BC New Representative for Softwood Lumber Trade
The British Columbia government has switched chief negotiators on the softwood lumber file, according to the Vancouver Sun October 12. Dana Hayden, a former BC deputy minister for forests and international trade, left the job on September 30 after two years as chief negotiator. BC replaced her with John Allan, the former president of the…
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Housing Market, US: Mid-2016 Update
The US housing market is on a roll and is showing no signs of slowing down — that’s the key takeaway from Goldman Sachs’ most recent Housing Monitor research report, released Thursday. US Housing Market: Mid-2016 Update According to the Goldman Sachs research, US house prices have continued to grow close to a 5 per…
