The Canadian PressMay 3, 2013 13:45
NEW YORK, N.Y. - The following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital, Greenwich, CT (www.renaissancecapital.com) and SEC filings.
Week of May 6
American Residential Properties Inc. - Scottsdale, Ariz., 13.7 million shares, priced $21 to $23 each, managed by Morgna Stanley, BofA Merrill Lynch, and FBR Capital Markets. Proposed NYSE symbol ARPI. Business: Internally managed REIT focused on single-family residential properties.