David Lerner Associates News
07/30/2014 - Even though fraud solicitations are widespread, many say they cannot identify classic red flags of financial fraud.
07/29/2014 - Like many people, you may be torn between paying off debt and the need to save for retirement. Both are vital.
07/28/2014 - David Lerner Associates recently presented a check to the family of late Nassau County Police Department Detective Michael Kearns, who passed away from Leukemia in mid-July.
Retirement Planning Information
07/24/2014 - As employees near retirement age, more and more plan to work at least some of the time during the course of their retirement years.
06/19/2014 - 401(k)s have become one of the most popular retirement savings vehicles in America but many people aren't clear about how their plan really works. Here are 6 of the most common questions many people have about their plans.
06/14/2014 - David Lerner News: Many Millennials are graduating college with crushing student loan debt and poor prospects for finding a well-paying job. The picture is even worse when it comes to some Millennials' future retirement prospects
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."
Apple Hospitality REIT, Inc. Recommends Rejection of Unsolicited, Opportunistic Tender Offer by Affiliates of MacKenzie Capital Management, LP
06/02/2014 - Apple Hospitality REIT, Inc. (“Apple Hospitality”) has been notified of an unsolicited tender offer by a group of entities affiliated with MacKenzie Capital Management, LP (collectively the “Bidders”) to purchase up to 19 million common shares (“Shares”) of Apple Hospitality at a price of $7.00 per Share
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.
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.
Connect With Us