Top 10 Healthcare Equipment Stocks To Buy Right Now

Top 10 Healthcare Equipment Stocks To Buy Right Now: BRE Properties Inc (BRE)

BRE Properties, Inc. (BRE), incorporated in 1970, is a self-administered equity real estate investment trust (REIT) focused on the development, acquisition and management of multifamily apartment communities primarily located in the metropolitan markets within the State of California, and the Seattle, Washington region. BRE also owns and operates communities in the Phoenix, Arizona and in the Denver, Colorado metropolitan markets. As of December 31, 2011, its multifamily portfolio had real estate assets, which included 76 wholly or majority owned stabilized multifamily communities, aggregating 21,336 units in California, Washington and Arizona; 11 stabilized multifamily communities owned through joint ventures comprised of 3,592 apartment units; and seven apartment communities in various stages of construction and development. In October 2013, the Company acquired Jefferson at Hollywood.

During the year ended December 31, 2011, BRE acquired three communities totaling 652 units: Lafayette Highlands, with 150 units, located in Lafayette, California; The Landing at Jack London Square, with 282 units, located in Oakland, California, and The Vistas of West Hills, with 220 units, located in Valencia, California. In addition to the communities, the Company acquired two parcels of land for future development in San Francisco, Californias Mission Bay district, and it purchased a 4.4 acre site contiguous to its existing Park Viridian operating community and its existing second phase land site in Anaheim, California. As of December 31, 2011, BRE had seven sites under development or construction.

During 2011, the Company sold two communities totaling 634 units: Galleria at Towngate, with 268 units located in Moreno Valley, California; and Windrush Village, a 366 unit property located in Colton, California. The two properties sold were located in the eastern half of the Inland Empire. In addition, d! uring 2011, two joint ventu re assets were sold; The Landing at Bear Creek, a 224 unit j! oint venture community, located in Lakewood, Colorado; and The Pinnacle at Hunters Glen, a 264 unit joint venture community located in Thornton, Colorado.

Advisors' Opinion:

• [By Jake L'Ecuyer]

  BRE Properties (NYSE: BRE) was also up, gaining 11.79 percent to $59.66 after Bloomberg reported that the company is working with Wells Fargo on a possible sale.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-healthcare-equipment-stocks-to-buy-right-now.html