Real estate

Strategy Law, LLP attorneys named to the Northern California 2022 Super Lawyers List

Retrieved on: 
Wednesday, July 6, 2022 - 11:00am

SAN JOSE, Calif., July 6, 2022 /PRNewswire-PRWeb/ -- Strategy Law, LLP attorneys named to the Northern California 2022 Super Lawyers List

Key Points: 
  • SAN JOSE, Calif., July 6, 2022 /PRNewswire-PRWeb/ -- Strategy Law, LLP attorneys named to the Northern California 2022 Super Lawyers List
    Strategy Law is pleased to announce that four of our attorneys, including all three partners, have been named to the Northern California 2022 Super Lawyers List.
  • Tamara Pow, Managing Partner at Strategy Law, LLP, has once again been named to the Northern California Super Lawyers list for the 5th consecutive year.
  • Serge Filatov, a Partner at Strategy Law, LLP has been named to the 2022 Northern California Super Lawyers list.
  • Jason Murai, a real estate attorney with Strategy Law, LLP, has been named to the 2022 Northern California Super Lawyers List.

Ensign’s Standard Bearer Healthcare REIT, Inc. Acquires Real Estate Assets in California

Retrieved on: 
Wednesday, July 6, 2022 - 11:00am

We are extremely excited to purchase these real estate assets, said Barry Port, Ensign's Chief Executive Officer.

Key Points: 
  • We are extremely excited to purchase these real estate assets, said Barry Port, Ensign's Chief Executive Officer.
  • Each of these operations have been strong contributors to our operational success, and will now add meaningful value to our growing real estate portfolio, he added.
  • We value the relationships weve shared with the owners of these assets and are pleased that we were able to help them achieve their estate planning goals while simultaneously growing Standard Bearer.
  • Ensign subsidiaries, including Standard Bearer, now owns 105 real estate assets.

TRREB Forecasts Current Market Conditions to Remain Over Summer

Retrieved on: 
Wednesday, July 6, 2022 - 10:00am

Annual price growth was driven more so by less expensive market segments, including townhouses and condominium apartments.

Key Points: 
  • Annual price growth was driven more so by less expensive market segments, including townhouses and condominium apartments.
  • Expect current market conditions to remain in place during the slower summer months.
  • Once home prices stabilize, some buyers will re-enter the market despite higher borrowing costs, said TRREB President Kevin Crigger.
  • This could cause market conditions to tighten somewhat, providing some support for home prices, said TRREB Chief Market Analyst Jason Mercer.

Partners Capital Closes its Inaugural Environmental Impact Private Equity Fund at $143 million

Retrieved on: 
Wednesday, July 6, 2022 - 8:00am

BOSTON, July 6, 2022 /PRNewswire/ -- Partners Capital today announced the closing of its inaugural private equity environmental impact fund, Partners Capital 15 degrees Fund, LP., with $143 million in client commitments. The fund has strong support from a variety of limited partners globally, including foundations, endowments, and family offices.

Key Points: 
  • The Partners Capital fund focuses on investments in pressing environmental challenges while also targeting private equity-like returns for investors.
  • BOSTON, July 6, 2022 /PRNewswire/ -- Partners Capital today announced the closing of itsinaugural private equity environmental impactfund, Partners Capital 15 degrees Fund, LP., with $143million in client commitments.
  • The Partners Capital 15 degrees Fund will invest in private equity opportunities focusing on proven technological innovations and long-established businesses which are most critical to the global energy transition to net zero carbon emissions.
  • As of 31 March 2022, Partners Capital oversees approximately $6B in commitments to private equity and commits c.$1.5B each year to new opportunities.

An Apartment Could Be the Key to Homeownership Dreams, Liberty Says

Retrieved on: 
Wednesday, July 6, 2022 - 12:00am

But according to Liberty, a leading non-bank lender, an apartment could be the perfect way to alleviate those property purchase jitters and get into the market sooner.

Key Points: 
  • But according to Liberty, a leading non-bank lender, an apartment could be the perfect way to alleviate those property purchase jitters and get into the market sooner.
  • With increased affordability, an apartment is one way that borrowers can navigate through current market conditions to homeownership.
  • Whether to live in, or as an affordable entry point for first-time investors, apartments have a few attractive qualities to consider.
  • Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 872 Australian Credit Licence 388133, together trading as Liberty Financial.

Spirit Realty Capital, Inc. Schedules Second Quarter 2022 Earnings Release and Conference Call

Retrieved on: 
Tuesday, July 5, 2022 - 9:10pm

Spirit will host its second quarter earnings conference call and audio webcast on Thursday, August 4 at 9:30 a.m. Eastern Time.

Key Points: 
  • Spirit will host its second quarter earnings conference call and audio webcast on Thursday, August 4 at 9:30 a.m. Eastern Time.
  • Spirit Realty Capital, Inc. (NYSE: SRC) is a premier net-lease REIT that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases.
  • More information about Spirit Realty Capital can be found on the investor relations page of the Company's website at www.spiritrealty.com .
  • Spirit does not guarantee that the events described will happen as described (or that they will happen at all).

Franklin Street Properties Corp. Declares Quarterly Dividend and Adopts Variable Quarterly Dividend Policy

Retrieved on: 
Tuesday, July 5, 2022 - 9:30pm

In addition, FSP announced today that its Board of Directors has adopted a variable quarterly dividend policy, which replaces its previous regular quarterly dividend policy.

Key Points: 
  • In addition, FSP announced today that its Board of Directors has adopted a variable quarterly dividend policy, which replaces its previous regular quarterly dividend policy.
  • We anticipate that both ongoing, recurring rental operations and transactional property disposition activity will be significant factors considered by the Companys Board of Directors in determining the amount of any particular quarterly dividend under the variable quarterly dividend policy.
  • We believe that the new variable quarterly dividend policy better aligns with the transactional nature of our 2022 objectives, resulting in a more precise and flexible capital allocation platform.
  • About Franklin Street Properties Corp.
    Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on infill and central business district (CBD) office properties in the U.S. Sunbelt and Mountain West, as well as select opportunistic markets.

RE/MAX HOLDINGS, INC. TO RELEASE SECOND QUARTER RESULTS ON AUGUST 4, 2022

Retrieved on: 
Tuesday, July 5, 2022 - 9:15pm

Following the call, an archive of the webcast will be available on the Investor Relations website for a limited time as well.

Key Points: 
  • Following the call, an archive of the webcast will be available on the Investor Relations website for a limited time as well.
  • Investors and participants can register for the telephonic version of the conference call in advance by visiting https://conferencingportals.com/event/tTSuEepd .
  • After registering, instructions will be shared on how to join the call including dial-in information as well as a unique passcode and registrant ID.
  • Dedicated to innovation and change in the real estate industry, RE/MAX launched Motto Franchising, LLC, a ground-breaking mortgage brokerage franchisor, in 2016.

PotlatchDeltic Scheduled to Release Second Quarter 2022 Earnings on July 25, 2022

Retrieved on: 
Tuesday, July 5, 2022 - 6:00pm

PotlatchDeltic Corporation (Nasdaq: PCH) will release second quarter earnings on Monday, July 25, after the market closes.

Key Points: 
  • PotlatchDeltic Corporation (Nasdaq: PCH) will release second quarter earnings on Monday, July 25, after the market closes.
  • Investors may access the webcast at www.potlatchdeltic.com by clicking on the Investors link or by conference call at 1-888-510-2008 for U.S./Canada and 1-646-960-0306 for international callers.
  • A replay of the conference call will be available two hours following the call until August 2, 2022, by calling 1-800-770-2030 for U.S./Canada or 1-647-362-9199 for international callers.
  • PotlatchDeltic, a leader in sustainable forest practices, is committed to environmental and social responsibility and to responsible governance.

Faropoint Sells Portfolio of 109 Institutional-Quality Last-Mile Warehouses For $481M

Retrieved on: 
Tuesday, July 5, 2022 - 5:18pm

The portfolio consists of 6.8 million square feet of warehouse space largely concentrated in Atlanta, Philadelphia, Houston and Memphis.

Key Points: 
  • The portfolio consists of 6.8 million square feet of warehouse space largely concentrated in Atlanta, Philadelphia, Houston and Memphis.
  • This curation of data arms Faropoint with actionable insights and analytics to identify mostly off-market opportunities to acquire last-mile industrial buildings.
  • During the firms 3-year hold period, Faropoint executed 120 leases across the portfolio, significantly increasing NOI and lease commitments.
  • Eastdil Secured advised Faropoint on the sale and financing of the portfolio, and Duval & Stachenfeld LLP served as legal advisor.