Looks like we have some positive developments in.. developments.Kimco REIT (KIM) is one of the businesses I'm somewhat more closely familiar with, as they have a large number of developments in the Phoenix area, and I can inspect their work. They do a pretty good job with keeping their properties filled, and I can't remember a time when any of the buildings I visited looked bad or old. If you're local to Phoenix, there's an especially nice shopping area inbetween Tempe and Mesa where the 101 & 202 freeways meet, called the "Mesa Riverview". The above pictured "Outdoor World" is one of the properties there, as well as a Walmart (WMT) and numerous anchor stores and restaurants.Earnings were released today, with a dividend increase bringing the current yield to 3.74% on the last price I checked. I view this as a positive sign for the sector overall. Interest rates have stayed pretty low, REITs have a good amount of work to take advantage of that, and now we are going to see some profits leveraged to shareholders. I expect this to be a trend across the real estate markets for the near term.Here is the official update from the company:Highlights:Board increases quarterly common stock cash dividend 5.9% to $0.27 per share (equivalent to $1.08 per annum);Raised $146.7 million from the issuance of 4.8 million shares of common stock at a weighted average price of $30.59 per share under the company's "at-the-market continuous offering program” (ATM program);Repaid two outstanding Canadian dollar-denominated bonds (CAD $150 million at 5.99% due 2018 and CAD $200 million at 3.855% due 2020) and $428 million of U.S. debt (due 2017 at a blended rate of 5.9%);Sold interests in five of its six remaining Canadian shopping centers, totaling 1.0 million square feet, for a gross sales price of USD $97.4 million; andU.S. leasing spreads increased 26.6% for new leases and 7.8% for renewals/options. Combined leasing spreads increased 12.9%.