The historical stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 11 US Property Management Companies had their average stock prices drop by a massive 65% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But since March 6, 2009, the average stock prices of these same 11 US Property Management Companies have increased by a very impressive 531% through January 30, 2014, led by Pittsburgh-based HFF's stock price advancing by 23 times. The lowest increase of the 11 was a very healthy 83%.
Clearly, the investors in and employees of these 11 US Property Management Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state caused by the 2008 US financial meltdown.
Below here are the market prices of each of these 11 US Property Management Companies on January 30, 2014, on March 6, 2009, and on December 31, 2007, sorted by Percentage Increase from March 6, 2009 to January 30, 2014:
Market | Market | ||||||
Price | Price | ||||||
% | % | ||||||
Change | Change | ||||||
Market | Market | Market | 3-6-09 | 12-31-07 | |||
Price | Price | Price | to | to | |||
Property Management Companies | HQs | 1-30-14 | 3-6-09 | 12-31-07 | 1-30-14 | 3-6-09 | |
HFF Inc | Pittsburgh | PA | 29.51 | 1.23 | 7.74 | 2299% | -84% |
CBRE Group | Los Angeles | CA | 26.72 | 2.52 | 21.55 | 960% | -88% |
Jones Lang LaSalle | Chicago | IL | 114.35 | 16.99 | 71.16 | 573% | -76% |
CoStar Group | Washington | DC | 169.09 | 25.32 | 47.25 | 568% | -46% |
DuPont Fabros Technology | Washington | DC | 25.38 | 5.34 | 19.60 | 375% | -73% |
Forest City Enterprises | Cleveland | OH | 17.85 | 4.02 | 44.44 | 344% | -91% |
Acadia Realty Trust | White Plains | NY | 25.01 | 8.90 | 25.61 | 181% | -65% |
Agree Realty | Farmington Hills | MI | 28.67 | 10.50 | 30.10 | 173% | -65% |
Kennedy-Wilson Holdings | Beverly Hills | CA | 24.20 | 9.44 | 9.10 | 156% | 4% |
HomeFed Corp | Carlsbad | CA | 36.60 | 16.00 | 62.00 | 129% | -74% |
Tejon Ranch | Lebec | CA | 35.19 | 19.27 | 40.08 | 83% | -52% |
Average % Change all 11 | 531% | -65% |