Orchid Island filed with the SEC to raise up to $45 million in an initial public offering. The move bodes well for the markets, as it is an indication that demand is stronger now then back in the summer when Orchid first filed.
Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/wK505PCqKvo/orchid-island-attempts-reit-ipo-again
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