Real estate investment trust

Douglas Emmett Declares Quarterly Cash Dividend

Friday, September 18, 2020 - 1:12am

Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.28, or $1.12 on an annualized basis, to be paid on October 15, 2020 to shareholders of record as of September 30, 2020.

Key Points: 
  • Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.28, or $1.12 on an annualized basis, to be paid on October 15, 2020 to shareholders of record as of September 30, 2020.
  • Douglas Emmett, Inc. (DEI) is a fully integrated, self-administered and self-managed real estate investment trust (REIT), and one of the largest owners and operators of high-quality office and multifamily properties located in the premier coastal submarkets of Los Angeles and Honolulu.
  • Douglas Emmett focuses on owning and acquiring a substantial share of top-tier office properties and premier multifamily communities in neighborhoods that possess significant supply constraints, high-end executive housing and key lifestyle amenities.
  • For more information about Douglas Emmett, please visit our website at www.douglasemmett.com .

Redwood Trust To Participate In Morgan Stanley's State Of The Housing Market Webcast

Thursday, September 17, 2020 - 10:12pm

The event will be webcast live in the Newsroom section of Redwood's website under "Events" http://www.redwoodtrust.com/newsroom/events .

Key Points: 
  • The event will be webcast live in the Newsroom section of Redwood's website under "Events" http://www.redwoodtrust.com/newsroom/events .
  • To listen to the webcast, please go to Redwood's website at least 15 minutes before the call to register and to download and install any needed audio software.
  • To participate by phone, please dial-in at least 15 minutes prior to the start time to access the event by conference call.
  • Redwood Trust was established in 1994, is internally managed, and structured as a real estate investment trust ("REIT") for tax purposes.

FCPT Declares Third Quarter 2020 Dividend

Thursday, September 17, 2020 - 10:38pm

Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.305 per share (equivalent to $1.22 per share per annum) for the third quarter of 2020.

Key Points: 
  • Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.305 per share (equivalent to $1.22 per share per annum) for the third quarter of 2020.
  • The dividend is payable on October 15, 2020 to shareholders of record as of September 30, 2020.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.
  • FCPT seeks to grow its portfolio by acquiring additional real estate to lease for use in the restaurant and retail industries.

FCPT Announces Acquisition of a Chick-fil-A Property from Washington Prime Group for $2.1 Million

Thursday, September 17, 2020 - 10:21pm

Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a Chick-fil-A restaurant property for $2.1 million from the previously announced Washington Prime Group transaction.

Key Points: 
  • Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), is pleased to announce the acquisition of a Chick-fil-A restaurant property for $2.1 million from the previously announced Washington Prime Group transaction.
  • The Washington Prime portfolio was priced at a capitalization rate consistent with FCPTs investment thresholds and past transactions.
  • Inclusive of todays acquisition, FCPT has acquired a total of 48 properties for $77.7 million from Washington Prime Group.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.

Granite REIT Declares Distribution for September 2020

Thursday, September 17, 2020 - 10:02pm

Granite Real Estate Investment Trust (Granite) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CAD $0.242 per stapled unit for the month of September 2020.

Key Points: 
  • Granite Real Estate Investment Trust (Granite) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CAD $0.242 per stapled unit for the month of September 2020.
  • The distribution will be paid by Granite on October 15, 2020 to stapled unitholders of record at the close of trading on September 30, 2020.
  • Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
  • Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe.

WPT Industrial Real Estate Investment Trust Announces September 2020 Distribution

Thursday, September 17, 2020 - 9:18pm

TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) -- WPT Industrial Real Estate Investment Trust (the REIT) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of September 2020 of US$0.0633 per unit.

Key Points: 
  • TORONTO, Sept. 17, 2020 (GLOBE NEWSWIRE) -- WPT Industrial Real Estate Investment Trust (the REIT) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of September 2020 of US$0.0633 per unit.
  • The distribution will be payable on October 15, 2020 to unitholders of record as of the close of business on September 30, 2020.
  • WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.
  • The REIT acquires, develops, and manages industrial properties located in the United States, with a particular focus on warehouse and distribution properties.

Urban Edge Properties Announces Third Quarter 2020 Earnings Release Date

Thursday, September 17, 2020 - 9:15pm

Urban Edge Properties (NYSE:UE) announced today that it will release its third quarter 2020 earnings on Thursday, November 5, 2020, after the market close.

Key Points: 
  • Urban Edge Properties (NYSE:UE) announced today that it will release its third quarter 2020 earnings on Thursday, November 5, 2020, after the market close.
  • Urban Edge Properties is a NYSE listed real estate investment trust focused on managing, acquiring, developing, and redeveloping retail real estate in urban communities, primarily in the New York metropolitan region.
  • Urban Edge owns 78 properties totaling 15.1 million square feet of gross leasable area.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20200917005518/en/

EPR Properties Declares Quarterly Dividends for Preferred Shareholders

Thursday, September 17, 2020 - 2:15pm

EPR Properties (NYSE:EPR) today announced that its Board of Trustees has declared its quarterly dividends to preferred shareholders:

Key Points: 
  • EPR Properties (NYSE:EPR) today announced that its Board of Trustees has declared its quarterly dividends to preferred shareholders:
    5.75% Series C Cumulative Convertible Preferred Shares (NYSE:EPRprC): The Company declared a dividend of $0.359375 per share payable October 15, 2020 to shareholders of record on September 30, 2020.
  • 9.00% Series E Cumulative Convertible Preferred Shares (NYSE:EPRprE): The Company declared a dividend of $0.5625 per share payable October 15, 2020 to shareholders of record on September 30, 2020.
  • 5.75% Series G Cumulative Redeemable Preferred Shares (NYSE:EPRprG): The Company declared a dividend of $0.359375 per share payable October 15, 2020 to shareholders of record on September 30, 2020.
  • EPR Properties is a leading experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry.

SL Green Realty Corp. Announces Common and Preferred Stock Dividends

Thursday, September 17, 2020 - 12:30pm

SL Green Realty Corp. (NYSE:SLG), Manhattans largest office landlord, today announced that its board of directors has declared a monthly dividend of $0.295 per share of common stock.

Key Points: 
  • SL Green Realty Corp. (NYSE:SLG), Manhattans largest office landlord, today announced that its board of directors has declared a monthly dividend of $0.295 per share of common stock.
  • The dividend will be payable on October 15, 2020 to shareholders of record at the close of business on September 30, 2020.
  • SL Green Realty Corp., an S&P 500 company and Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties.
  • As of June 30, 2020, SL Green held interests in 96 buildings totaling 41.0 million square feet.

SmartStop Self Storage REIT Executive Chairman H. Michael Schwartz to Participate in Virtual Citibank Conference

Wednesday, September 16, 2020 - 11:30pm

LADERA RANCH, Calif., Sept. 16, 2020 /PRNewswire/ -- SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company") announced today that the company's founder and Executive Chairman, H. Michael Schwartz, is scheduled to participate in a panel at Citibank's upcoming virtual conference.

Key Points: 
  • LADERA RANCH, Calif., Sept. 16, 2020 /PRNewswire/ -- SmartStop Self Storage REIT, Inc. ("SmartStop" or the "Company") announced today that the company's founder and Executive Chairman, H. Michael Schwartz, is scheduled to participate in a panel at Citibank's upcoming virtual conference.
  • Mr. Schwartz brings his unique perspective and insight based on over 16 years of self storage experience, and his experience building an innovative, technology-driven brand, SmartStop Self Storage.
  • About SmartStop Self Storage REIT, Inc.
    SmartStop is a self-managed REIT with a fully integrated operations team of approximately 380 self storage professionals focused on growing the SmartStop Self Storage brand.
  • SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self storage programs, including Strategic Storage Trust IV, Inc., a public non-traded REIT, and other private programs.