David Lerner Associates News
12/03/2013 - With the New Year approaching it's a good time to take care of some financial housekeeping items that may have slipped through the cracks of your financial planning - such as a living will.
11/26/2013 - Historically low interest rates have made the past few years a good time to buy a home for many Americans. Some fundamental changes will be occurring in the mortgage market in 2014 could make it more difficult to buy a home starting next year.
11/20/2013 - Some seniors mistakenly believe that, since they are older and perhaps in retirement, it’s not as important to maintain a strong credit score as it was when they were younger and still working. But this couldn’t be further from the truth.
Financial Literacy Information
05/30/2013 - When considering what kinds of investments should be held in their retirement portfolios, many people usually don't think about municipal bonds.
12/27/2012 - Remember the advertising campaign for 7-UP that referred to the soft drink as the "un-cola?" Some retirees may be saying the same thing about the Social Security cost-of-living adjustment for 2013 that was recently announced.
12/24/2012 - Unless Congress takes further action before the end of this year many Americans will be facing a tax increase beginning in 2013. Some pundits have referred to this pending tax increase as "the 2013 fiscal cliff."
Retirement Planning Information
11/07/2013 - The ongoing low interest rate environment that the U.S. economy has experienced over the past few years has presented unique challenges for some retirees who are dependent on a stream of interest income from investments to meet their everyday living expenses.
11/05/2013 - Before buying a new car, you probably take it out for a test drive to see how it feels and make sure that everything is working properly. Have you ever thought of taking a similar “test drive” when it comes to your retirement?
10/02/2013 - The financial behavior and attitudes of the baby boom generation is going to have a significant impact on the nation's financial picture in the coming years.
09/24/2013 - Richmond-based Apple REIT Seven Inc. and Apple REIT Eight Inc. advised stockholders Monday to reject a tender offer made by a firm trying to buy up to about a 1.1 percent stake in each company.
01/12/2013 - Bright days may be ahead for the U.S. lodging industry, which is projected to enjoy gains in occupancy, average daily rate (ADR) and revenue per available room (RevPAR) this year and next, according to new forecasts from industry researchers.
01/06/2013 - One type of investment that can sometimes, though not guaranteed, provide distributions to investors is commercial real estate. This may include regional shopping malls, apartments, office buildings, shopping centers and hotels.
Material contained in the below links is provided for information purposes only and is not intended to be used in connection with the evaluation of any investments offered by David Lerner Associates, Inc. (DLA). This material does not constitute an offer or recommendation to buy or sell securities and should not be considering in connection with the purchase or sale of securities.
05/11/2013 - The nontraded-REIT party is getting ready to kick off as Apple REIT Six Inc. said yesterday that its shareholders had approved a definitive merger agreement with BRE Select Hotels Corp., an affiliate of Blackstone Real Estate Partners VII. The merger is expected to close May 14.
Apple REIT Six Shareholders Approve Definitive Merger Agreement with an Affiliate of Blackstone Real Estate Partners VII
05/10/2013 - Apple REIT Six, Inc. (the “Company” or “Apple Six”), a real estate investment trust (REIT), announced today that the definitive merger agreement to be acquired by BRE Select Hotels Corp, an affiliate of Blackstone Real Estate Partners VII, has been approved by the Company’s shareholders, with approximately 97 percent of the votes cast voting in favor of the transaction.
04/23/2013 - White Lodging is pleased to announce it was awarded the "Apple REIT Companies Management Company of the Year" earlier this month. The award marks the second time White Lodging has won the recognition out of the three years the award has been presented. The previous win was in 2010.