Real estate investment trust

Equinix, Inc. (EQIX) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

Retrieved on: 
Wednesday, March 20, 2024
Class Action Lawsuit, Professional Services, Legal, Real estate investment trust, Hindenburg Research, Hindenburg, The Insider, News, EQIX

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Equinix, Inc. (“Equinix” or “the Company”) (NASDAQ: EQIX).

Key Points: 
  • Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Equinix, Inc. (“Equinix” or “the Company”) (NASDAQ: EQIX).
  • Investors who purchased Equinix securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/EQIX .
  • You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.

EQIX LOSS ALERT: ROSEN, LEADING INVESTOR COUNSEL, Encourages Equinix, Inc. Investors to Inquire About Securities Class Action Investigation – EQIX

Retrieved on: 
Wednesday, March 20, 2024
Class Action Lawsuit, Professional Services, Legal, Titan, Hindenburg Research, News, The Insider, Real estate investment trust, EQIX, Advertising

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=23498 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Trilogy Real Estate Group Hires Deanna Mayer as Assistant Regional Vice President and Product Specialist

Retrieved on: 
Thursday, March 28, 2024
Real estate investment trust, Region, Trilogy, MassMutual, Chapman University, FINRA, CNL

CHICAGO, March 28, 2024 /PRNewswire/ -- Trilogy Real Estate Group , a Chicago-based real estate investment and property management firm, announced today that Deanna Mayer has joined the company as assistant regional vice president and product specialist.

Key Points: 
  • CHICAGO, March 28, 2024 /PRNewswire/ -- Trilogy Real Estate Group , a Chicago-based real estate investment and property management firm, announced today that Deanna Mayer has joined the company as assistant regional vice president and product specialist.
  • In her new role, Mayer will be supporting the sales efforts of Trilogy's platform of investment offerings in the Midwest with Regional Vice President Ed Ducett.
  • "Deanna's experience and success in the wholesaling industry makes her an invaluable resource for the Trilogy team," said Matt Leiter, chief financial officer for Trilogy Real Estate Group.
  • "As we work to expand our sales and distribution efforts, we look forward to working with Deanna as she builds her career with Trilogy."

BOARDWALK REIT ANNOUNCES TRANSITION OF CHIEF FINANCIAL OFFICER ROLE

Retrieved on: 
Monday, March 25, 2024
Real estate investment trust, Love, Risk management, Finance, CFO, AB, Acquisition, Toronto Stock Exchange, Boardwalk, Trust, REIT, TSX, CPA

Lisa's distinguished career at Boardwalk began 16 years ago, culminating in serving as the Trust's Chief Financial Officer since 2020.

Key Points: 
  • Lisa's distinguished career at Boardwalk began 16 years ago, culminating in serving as the Trust's Chief Financial Officer since 2020.
  • Following a transition period under Lisa's continued mentorship prior to her departure, Gregg Tinling will assume the role of Chief Financial Officer of the Trust.
  • Gregg is a Chartered Professional Accountant (CPA CA) and has worked closely with Lisa since rejoining Boardwalk in 2020, ensuring a smooth transition towards continued financial strength for the Trust.
  • Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities.

Trilogy Real Estate Group Hires Industry Veteran Archie Hughes as Senior Regional Vice President

Retrieved on: 
Wednesday, March 20, 2024
University, Hughes, Real estate investment trust, RIA, CNL, Trilogy, FINRA, Apollo Global Management, Financial adviser

CHICAGO, March 20, 2024 /PRNewswire/ -- Trilogy Real Estate Group , a Chicago-based real estate investment and property management firm, announced today that Archie Hughes has joined the company as senior regional vice president.

Key Points: 
  • CHICAGO, March 20, 2024 /PRNewswire/ -- Trilogy Real Estate Group , a Chicago-based real estate investment and property management firm, announced today that Archie Hughes has joined the company as senior regional vice president.
  • Hughes will be responsible for furthering the sales efforts of Trilogy's platform of investment offerings in the eastern US region.
  • "Financial intermediaries continue to seek options that lessen the impacts market turbulence has on clients' portfolios," said Matt Leiter, chief financial officer for Trilogy Real Estate Group.
  • Trilogy Real Estate Group acquires, develops and manages properties across the Midwest and the Southeast, and has sponsored more than 16 investment offerings, including Delaware statutory trusts and qualified opportunity zone funds.

ElmTree Funds Launches ElmTree Industrial Trust and ElmTree Industrial Access Trust

Retrieved on: 
Monday, March 18, 2024
Growth, Tenant, BASF, Sale, NAV, Real estate investment trust, RIAS, Movement, Real estate

ST. LOUIS, March 18, 2024 /PRNewswire/ -- ElmTree Funds, a leading private equity real estate firm with an established track record in the commercial real estate net-lease sector, announced today the launch of ElmTree Industrial Trust, Inc. and ElmTree Industrial Access Trust, Inc., two perpetual-life real estate investment trusts ("REITs") which intend to acquire and actively manage a diversified portfolio of net lease industrial properties across the United States. The REITs will offer an unlimited number of shares to accredited investors at an initial purchase price of $1,000 per share. ElmTree Industrial Trust is available to registered investment advisors ("RIAs") and ElmTree Industrial Access Trust is available to independent broker-dealers ("IBDs").

Key Points: 
  • ST. LOUIS, March 18, 2024 /PRNewswire/ -- ElmTree Funds , a leading private equity real estate firm with an established track record in the commercial real estate net-lease sector, announced today the launch of ElmTree Industrial Trust, Inc. and ElmTree Industrial Access Trust, Inc., two perpetual-life real estate investment trusts ("REITs") which intend to acquire and actively manage a diversified portfolio of net lease industrial properties across the United States.
  • The REITs will offer an unlimited number of shares to accredited investors at an initial purchase price of $1,000 per share.
  • ElmTree Industrial Trust is available to registered investment advisors ("RIAs") and ElmTree Industrial Access Trust is available to independent broker-dealers ("IBDs").
  • The REITs expect to primarily invest in single-tenant, stabilized, income-producing industrial properties with long-term net leases, along with similar build-to-suit industrial properties.

FREIT Announces First Quarter 2024 Results

Retrieved on: 
Monday, March 18, 2024
Real estate investment trust, Provident Bank, NOI, REIT, NAREIT, GAAP, National Association, FFO, Funds from operations, Fiscal year, Security (finance)

NOI for the commercial properties decreased to approximately $654,000 for the fiscal quarter ended January 31, 2024 from approximately $1,007,000 for the prior year's comparable period.

Key Points: 
  • NOI for the commercial properties decreased to approximately $654,000 for the fiscal quarter ended January 31, 2024 from approximately $1,007,000 for the prior year's comparable period.
  • On January 11, 2024, FREIT used cash on hand to fully repay the $7.5 million loan on its residential property located in Rockaway, New Jersey.
  • The Board of Directors of FREIT declared a first quarter dividend of $0.05 on the common stock to holders of record of the shares at the close of business on March 1, 2024.
  • FREIT computes FFO and AFFO as follows:
    For the Fiscal Quarter Ended January 31,

One Liberty Properties Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 5, 2024
Analysis, FFO, National Association, Annual report, Investment, REIT, Growth, Sale, Tenant, NAREIT, GAAP, GREAT, Liberty, OLP, White paper, Result, Security (finance), Real estate investment trust, Insurance, Disability-adjusted life year, Depreciation, Real estate

GREAT NECK, N.Y., March 05, 2024 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused primarily on net leased industrial properties, today announced operating results for the quarter and year ended December 31, 2023.

Key Points: 
  • Total operating expenses in the fourth quarter of 2023 were $14.3 million compared to $14.2 million for the three months ended December 31, 2022.
  • For the fourth quarter of 2023 net expenses were $5.2 million compared to net expenses of $4.6 million in the corresponding period of 2022.
  • Gain on sale of real estate was $12.0 million for the quarter ended December 31, 2023.
  • Acquisitions and dispositions in 2022 and 2023 contributed, on a net basis, approximately $1.8 million to 2023 rental income.

UMH PROPERTIES, INC. REPORTS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DECEMBER 31, 2023

Retrieved on: 
Wednesday, February 28, 2024
Honey, FFO, Senior, Conference call, UMH Properties, Interest, Form 10-K, Investment, REIT, Common stock, Growth, Sale, Annual report, Conference, NAREIT, GAAP, Real estate investment trust, COVID, White paper, UMH, Stock

“During 2023, UMH made substantial progress on multiple fronts – generating solid operating results, achieving strong growth and improving our financial position.

Key Points: 
  • “During 2023, UMH made substantial progress on multiple fronts – generating solid operating results, achieving strong growth and improving our financial position.
  • UMH is strategically positioned to continue to increase earnings through the execution of our long-term business plan.
  • Senior management will discuss the results, current market conditions and future outlook on Thursday, February 29, 2024 at 10:00 a.m. Eastern Time.
  • The Company’s fourth quarter and year ended December 31, 2023 financial results being released herein will be available on the Company’s website at www.umh.reit in the “Financials” section.

Postal Realty Trust, Inc. Reports Fourth Quarter and Year End 2023 Results

Retrieved on: 
Monday, February 26, 2024
Acquisition, FFO, National Association, USPS, Investment, Growth, Renting, Sale, Exercise, Nature, NAREIT, GAAP, Webcast, Depreciation, Public expenditure, Security (finance), Real estate investment trust, Environment, Insurance, Partnership

CEDARHURST, N.Y., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,900 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, today announced results for the quarter and year ended December 31, 2023.

Key Points: 
  • As previously disclosed, on July 24, 2023, the Company amended its credit facilities to, among other things, add a daily simple SOFR-based option as a benchmark rate.
  • In 2023, the Company entered into its first forward sales transactions and, as of December 31, 2023, all shares from the transactions had been settled.
  • The Company will host a webcast and conference call to discuss the fourth quarter 2023 financial results on Tuesday, February 27, 2024, at 9:00 A.M. Eastern Time.
  • As a result, the Company’s actual results may differ materially from those contemplated by the forward-looking statements.