PSB

Controlled Corn Trial Data by Solutions in The Land Verifies the Value of Terreplenish®

Retrieved on: 
Monday, January 24, 2022
Technology, TP, Carbon, Fertility, DeKalb, Soil, Consultant, Agriculture, PSB, Multimedia, LLC, Fertilizer, Natural gas, Land, P2O5, Solution

In the study evaluating the effectiveness of Terreplenish, Solutions in the Land verified that the silt loam soil chosen for the Terreplenish Corn Trial 2021 had an excellent fertility level.

Key Points: 
  • In the study evaluating the effectiveness of Terreplenish, Solutions in the Land verified that the silt loam soil chosen for the Terreplenish Corn Trial 2021 had an excellent fertility level.
  • DeKalb 68-69 corn seed was planted across the plots using the following soil preparation methods (Terreplenish abbreviated at TP):
    Plot 2 - Preplant 150 lbs.
  • In a conclusionary statement written by the Solutions in the Land consultants they noted, "Clearly the addition of Terreplenish provides a 45-60 lbs.
  • of reduced phosphorous indicating that the PSB's (phosphorous solubilizing bacteria) in Terreplenish effectively free more than 15 lbs.

PS Business Parks, Inc. Names Stephen W. Wilson as Interim President and Chief Executive Officer and Maria R. Hawthorne as Interim Chief Operating Officer; Dan M. Chandler, III to take Medical Leave of Absence

Retrieved on: 
Tuesday, January 18, 2022
Commercial Building & Real Estate, Construction & Property, REIT, AvalonBay Communities, REIT, Technology, PS Business Parks, Real estate investment trust, Corporation, Retirement, COVID-19, AVB, NYSE, Mac, 8-K, Health, Company, PSB, Coronavirus, Board, III, Management

PS Business Parks, Inc. (NYSE:PSB) today announced the appointments of Stephen W. Wilson as interim President and Chief Executive Officer and Maria R. Hawthorne as interim Chief Operating Officer, effective January 17, 2022.

Key Points: 
  • PS Business Parks, Inc. (NYSE:PSB) today announced the appointments of Stephen W. Wilson as interim President and Chief Executive Officer and Maria R. Hawthorne as interim Chief Operating Officer, effective January 17, 2022.
  • Dan Mac Chandler, III, the Companys President and Chief Executive Officer, is taking a temporary leave of absence for health reasons unrelated to the coronavirus (COVID-19) pandemic, effective January 17, 2022.
  • Mr. Khan previously served as Chief Financial Officer of Rexford Industrial Realty, Inc. (NYSE:REXR), from July 2013 through August 2020.
  • Mr. Havner continued, We are pleased that Steve and Maria have agreed to step in as interim President and Chief Executive Officer and interim Chief Operating Officer, respectively.

Softening HPSI May Portend Slower Housing Market in 2022

Retrieved on: 
Friday, January 7, 2022
Fannie Mae, Housing, National House Building Council, Research report, Economy, Government, MBS, My Home Purchase Plan, Income, Data collection, PSB, Decision-making, NHS, FNMA, OTCQB, Risk, Disposable household and per capita income, Industry, Iron ore, Real estate, Health insurance

The HPSI reflects consumers' current views and forward-looking expectations of housing market conditions and complements existing data sources to inform housing-related analysis and decision making.

Key Points: 
  • The HPSI reflects consumers' current views and forward-looking expectations of housing market conditions and complements existing data sources to inform housing-related analysis and decision making.
  • The HPSI is constructed from answers to six NHS questions that solicit consumers' evaluations of housing market conditions and address topics that are related to their home purchase decisions.
  • To receive e-mail updates with other housing market research from Fannie Mae's Economic & Strategic Research Group, please click here .
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

Premium Service Brands Aggressively Acquiring Home Service Franchise Brands, Continues Industry-Leading Sales Growth

Retrieved on: 
Wednesday, January 5, 2022
House Doctor, Flick, Technology, PSB, Marketing, Life, Acquisition, Investment, Financial services

CHARLOTTESVILLE, Va., Jan. 5, 2022 /PRNewswire-PRWeb/ --Multi-brand franchisor Premium Service Brands is continuing to grow its portfolio of successful home service brands as it solidifies itself as one of the industry's leading franchise systems.

Key Points: 
  • CHARLOTTESVILLE, Va., Jan. 5, 2022 /PRNewswire-PRWeb/ --Multi-brand franchisor Premium Service Brands is continuing to grow its portfolio of successful home service brands as it solidifies itself as one of the industry's leading franchise systems.
  • Following its strongest year yet for acquisitions, Premium Service Brands is expanding its efforts to acquire more franchise brands positioned to benefit from their unique operational model proven to rapidly and exponentially accelerate franchisee growth.
  • "The investments we've made in technology, training, operations and marketing have accelerated our overall growth faster than we anticipated, and that's especially true for our newly-acquired brands."
  • Premium Service Brands has completed four acquisitions in less than 24 months, increasing its portfolio of home-service franchise brands to nine.

PSB Holdings, Inc. announces semi-annual cash dividend of $0.23 per share

Retrieved on: 
Monday, December 27, 2021
COVID-19, Insurance, PSB, Government, OTCQX, Board of directors, Growth, Board, People's State Bank (Orangeville, Illinois), Forward-looking statement, GLOBE, Private Securities Litigation Reform Act, People

The dividend is payable January 28, 2022 to shareholders of record as of January 7, 2022 and represents an increase of 9.5% over the $0.21 per share semi-annual cash dividend declared on December 15, 2020.

Key Points: 
  • The dividend is payable January 28, 2022 to shareholders of record as of January 7, 2022 and represents an increase of 9.5% over the $0.21 per share semi-annual cash dividend declared on December 15, 2020.
  • The current dividend continues a 57-year tradition of cash dividends to PSB shareholders including 28 consecutive years of increased cash dividends declared per share.
  • PSB President and CEO Scott M. Cattanach said, Our core operations remain robust.
  • Assets have expanded over 17% over the past year while earnings have increased over 26% during the same time frame.

PSB Holdings, Inc. Announces New CFO Search

Retrieved on: 
Wednesday, December 15, 2021
Forward-looking statement, People's State Bank (Orangeville, Illinois), Government, Company, Insurance, Growth, PSB, Private Securities Litigation Reform Act, COVID-19, Acquisition, CEO, CFO, Leadership, GLOBE, Management, People

PSB President and CEO Scott M. Cattanach noted, Marks leadership during a period of growth was significant as he balanced capital and investor needs, investment opportunities, and expense management.

Key Points: 
  • PSB President and CEO Scott M. Cattanach noted, Marks leadership during a period of growth was significant as he balanced capital and investor needs, investment opportunities, and expense management.
  • The Company has initiated a search for the CFO position which it expects to fill following Mr. Oldenbergs departure.
  • As needed in the interim, the accounting duties will continue to be performed by accounting personnel with oversight by CEO Scott M. Cattanach, the former CFO of PSB.
  • PSB Holdings, Inc. is traded under the stock symbol PSBQ on the OTCQX Market.

Lenders Foresee Return to a More 'Normal' Housing Market in 2022

Retrieved on: 
Wednesday, December 15, 2021
MLSS, OTCQB, Wholesale mortgage lenders, Mortgage Bankers Association, Growth, PSB, Fannie Mae, Industry, Income, Pessimism, FNMA, Risk, Housing, My Home Purchase Plan, Efficiency, Real estate, Bank

Competition from other lenders and market trend changes were once again the top reasons cited for the profitability expectations.

Key Points: 
  • Competition from other lenders and market trend changes were once again the top reasons cited for the profitability expectations.
  • Additionally, across all loan types, more lenders this quarter reported reduced consumer demand over the previous three months for both purchase and refinance mortgages.
  • Looking ahead, again across all loan types, lenders on net expect purchase mortgage demand to remain largely stable, while refinance demand is expected to decrease substantially.
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

Economic Pessimism Hits 10-Year High, but Consumer Sentiment Toward Housing Remains Flat

Retrieved on: 
Tuesday, December 7, 2021
Data collection, Pessimism, Fannie Mae, Income, Risk, PSB, National House Building Council, OTCQB, Palim, Economy, Decision-making, Industry, FNMA, My Home Purchase Plan, NHS, Disposable household and per capita income, Research report, Housing, Gasoline, Real estate, Health insurance

"While consumers expressed even greater concern regarding the direction of the economy, with the share of respondents expressing pessimism hitting a 10-year high, overall housing sentiment remained stable.

Key Points: 
  • "While consumers expressed even greater concern regarding the direction of the economy, with the share of respondents expressing pessimism hitting a 10-year high, overall housing sentiment remained stable.
  • The Home Purchase Sentiment Index (HPSI) distills information about consumers' home purchase sentiment from Fannie Mae's National Housing Survey (NHS) into a single number.
  • To receive e-mail updates with other housing market research from Fannie Mae's Economic & Strategic Research Group, please click here .
  • We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

PS Business Parks, Inc. Announces Special Dividend to Be Paid in the Fourth Quarter 2021

Retrieved on: 
Wednesday, December 1, 2021
Commercial Building & Real Estate, Construction & Property, REIT, 8-K, Internal Revenue Code, Sale, Technology, PS Business Parks, Acquisition, Company, NYSE, REIT, Annual report, COVID-19, PSB, Trust, GAAP, Internal Revenue Code section 409A, Internal Revenue Code section 1031, Board of directors, Board, Real estate investment trust, Growth, Real estate, Property management

This one-time dividend distribution will be paid in addition to the previously announced quarterly dividend of $1.05 per share of common stock, also payable on December 30, 2021 to stockholders of record on December 15, 2021.

Key Points: 
  • This one-time dividend distribution will be paid in addition to the previously announced quarterly dividend of $1.05 per share of common stock, also payable on December 30, 2021 to stockholders of record on December 15, 2021.
  • We are pleased to announce the declaration of a special dividend to be paid in the fourth quarter, providing a meaningful return to our stockholders, said Mac Chandler, the Companys President and Chief Executive Officer.
  • In 2021, we continued to execute on our strategy to unlock value in our portfolio and increase our long-term earnings growth rate.
  • Additional information about PS Business Parks, Inc., including more financial analysis of the third quarter operating results, is available on the Companys website at psbusinessparks.com.

Land & Buildings Issues Presentation Detailing Why Shareholder Accountability is Needed at Lexington Realty Trust

Retrieved on: 
Wednesday, November 17, 2021
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, CEO, Form 13F, EGP, OLP, Board of directors, Company, NYSE, STOR, MNR, STAG, Founder, Building, FR, NNN, Department of Lands building, PSB, DEF, Annual general meeting, LLC, VER, GTY, Board, DRE, M&A, CIO, PLD, WPC, Management

Today Land & Buildings Investment Management, LLC (together with its affiliates, Land & Buildings), a significant shareholder of Lexington Realty Trust (LXP, Lexington or the Company) (NYSE: LXP), issued a presentation outlining the serious issues plaguing LXP and why shareholder accountability is urgently needed in the LXP boardroom.

Key Points: 
  • Today Land & Buildings Investment Management, LLC (together with its affiliates, Land & Buildings), a significant shareholder of Lexington Realty Trust (LXP, Lexington or the Company) (NYSE: LXP), issued a presentation outlining the serious issues plaguing LXP and why shareholder accountability is urgently needed in the LXP boardroom.
  • For years, they have failed to deliver value for shareholders and have overseen consistent underperformance and strategic flip-flopping.
  • Highlights of the presentation include:
    LXPs Board and management have consistently failed to deliver for shareholders.
  • Total shareholder returns through August 16, 2021, the day Land & Buildings investment in LXP was disclosed in Form 13F.