Nov 05

Legg Mason Announces Quarterly Dividend

Legg Mason, Inc. (NYSE: LM) announced today that its Board of Directors has declared a quarterly cash dividend on the company’s common stock in the amount of $0.40 per share. The dividend is payable on January 20, 2020 to shareholders of record at the close of business on December 24, 2019.

Oct 30

Legg Mason Reports Results for Second Fiscal Quarter 2020

Legg Mason, Inc. (NYSE: LM) today reported its operating results for the second fiscal quarter ended September 30, 2019.

Oct 16

Clarion Partners Real Estate Income Fund (CPREIF) Makes First Commercial Property Acquisition

The Clarion Partners Real Estate Income Fund Inc. (CPREIF) has closed on its first investment, an $18 million structured debt investment to Buckingham Companies for the recapitalization of Aertson Midtown, a newly constructed, best-in-class property in the heart of Nashville, TN’s Midtown/West End neighborhood.

Oct 16

Legg Mason and Clarion Partners Launch Registered Real Estate Fund for Individual Investors

Legg Mason, Inc. (NYSE: LM) announced today the launch of its first commercial real estate-focused fund designed for individual investors. The Clarion Partners Real Estate Income Fund Inc. (CPREIF) is managed by Legg Mason affiliate Clarion Partners, one of the largest U.S. pure-play real estate investment managers with over $51 billion in total assets under management.