Real estate investment trust

Kite Realty Group Trust Announces Tax Reporting Information for 2020 Dividend Distributions

Retrieved on: 
Monday, January 25, 2021

Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences.

Key Points: 
  • Kite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences.
  • We connect consumers to retailers in desirable markets through our portfolio of neighborhood, community, and lifestyle centers.
  • Using operational, development, and redevelopment expertise, we continuously optimize our portfolio to maximize value and return to our shareholders.
  • The Company undertakes no obligation to publicly update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Washington Prime Group Announces Tax Reporting Information for 2020 Distributions

Retrieved on: 
Monday, January 25, 2021

Pursuant to Treas.

Key Points: 
  • Pursuant to Treas.
  • 1.1061-6(c), Washington Prime Group Inc. is disclosing below two additional amounts related to the capital gain dividends reported in Form 1099 DIV Box 2a, Total Capital Gain Distr.
  • Washington Prime Group Inc. is a retail REIT and a recognized leader in the ownership, management, acquisition and development of retail properties.
  • The Company combines a national real estate portfolio with its expertise across the entire shopping center sector to increase cash flow through rigorous management of assets and provide new opportunities to retailers looking for growth throughout the U.S. Washington Prime Group is a registered trademark of the Company.

CorEnergy Announces Tax Characterization of 2020 Distributions

Retrieved on: 
Monday, January 25, 2021

CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets.

Key Points: 
  • CorEnergy Infrastructure Trust, Inc. (NYSE: CORR, CORRPrA), is a real estate investment trust (REIT) that owns critical energy assets, such as pipelines, storage terminals, and transmission and distribution assets.
  • We receive long-term contracted revenue from operators of our assets, primarily under triple-net participating leases and from long-term customer contracts.
  • Although CorEnergy believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect.
  • Other than as required by law, CorEnergy does not assume a duty to update any forward-looking statement.

COPT Announces Tax Treatment of 2020 Distributions

Retrieved on: 
Monday, January 25, 2021

(2) Unrecaptured Section 1250 Gain is a subset of, and included in, the 2020 Total Capital Gain Distribution Amount.

Key Points: 
  • (2) Unrecaptured Section 1250 Gain is a subset of, and included in, the 2020 Total Capital Gain Distribution Amount.
  • (3) Section 199A Dividend is a subset of, and is included in, the Taxable Ordinary Dividend Amount.
  • COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties.
  • As of September 30, 2020, the Company derived 88% of its core portfolio annualized rental revenue from Defense/IT Locations and 12% from its Regional Office Properties.

Colony Credit Real Estate, Inc. Announces Fourth Quarter and Full Year 2020 Earnings Results and Conference Call Date

Retrieved on: 
Monday, January 25, 2021

Colony Credit Real Estate, Inc. (NYSE: CLNC) (Colony Credit Real Estate or the Company) today announced it will release fourth quarter and full year 2020 financial results after the market closes on Wednesday, February 24, 2021.

Key Points: 
  • Colony Credit Real Estate, Inc. (NYSE: CLNC) (Colony Credit Real Estate or the Company) today announced it will release fourth quarter and full year 2020 financial results after the market closes on Wednesday, February 24, 2021.
  • The Company will conduct a conference call to discuss the results the same day at 2:00 p.m. PT / 5:00 p.m.
  • Colony Credit Real Estate is externally managed by a subsidiary of leading global digital real estate and investment management firm, Colony Capital, Inc.
  • Colony Credit Real Estate is organized as a Maryland corporation and taxed as a REIT for U.S. federal income tax purposes.

Office Properties Income Trust to Present at the B. Riley Securities 2021 Vision Day on January 28th

Retrieved on: 
Monday, January 25, 2021

Office Properties Income Trust (Nasdaq: OPI) today announced that the Company has been invited to present at the B. Riley Securities 2021 Vision Day held virtually on Thursday, January 28, 2021, after being selected as one of the banks top stock picks for 2021.

Key Points: 
  • Office Properties Income Trust (Nasdaq: OPI) today announced that the Company has been invited to present at the B. Riley Securities 2021 Vision Day held virtually on Thursday, January 28, 2021, after being selected as one of the banks top stock picks for 2021.
  • President and Chief Operating Officer Chris Bilotto and Chief Financial Officer and Treasurer Matt Brown will be presenting at 11:30 a.m. Eastern time.
  • Office Properties Income Trust is a REIT focused on owning, operating and leasing properties primarily leased to single tenants and those with high credit quality characteristics such as government entities.
  • A Maryland Real Estate Investment Trust with transferable shares of beneficial interest listed on the Nasdaq.

NETSTREIT Corp. Announces 2020 Tax Treatment of Distributions

Retrieved on: 
Monday, January 25, 2021

Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Companys distributions.

Key Points: 
  • Shareholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of the Companys distributions.
  • NETSTREIT is a Real Estate Investment Trust (REIT) based in Dallas, Texas that specializes in acquiring single-tenant net lease retail properties nationwide.
  • The growing portfolio consists of high-quality properties leased to e-commerce resistant tenants with healthy balance sheets.
  • Led by a management team of seasoned commercial real estate executives, NETSTREIT aims to create the highest quality net lease retail portfolio in the country with the goal of generating consistent cash flows and dividends for its investors.

Spirit Realty Capital, Inc. Schedules Fourth Quarter 2020 Earnings Release and Conference Call

Retrieved on: 
Monday, January 25, 2021

Spirit will host its fourth quarter earnings conference call and audio webcast on Friday, February 19, 2021 at 9:30 a.m. Eastern Time.

Key Points: 
  • Spirit will host its fourth quarter earnings conference call and audio webcast on Friday, February 19, 2021 at 9:30 a.m. Eastern Time.
  • Spirit Realty Capital, Inc. (NYSE: SRC) is a net-lease real estate investment trust (REIT) that primarily invests in single-tenant, operationally essential real estate assets, subject to long-term leases.
  • This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws.
  • Spirit does not guarantee that the events described will happen as described (or that they will happen at all).

Chatham Lodging Trust Announces 2020 Distribution Characterization

Retrieved on: 
Monday, January 25, 2021

The CUSIP number for Chatham Lodging Trust common shares is 16208T102.

Key Points: 
  • The CUSIP number for Chatham Lodging Trust common shares is 16208T102.
  • Registered holders of Chatham Lodging Trust common shares who received any of the dividends specified in the table above will receive an Internal Revenue Service (IRS) Form 1099-DIV from EQ Shareholder Services, the companys dividend paying agent.
  • Shareholders are encouraged to consult with their own tax advisors regarding the specific federal, state, local, foreign and other tax consequences of ownership of Chatham Lodging Trusts common shares and the specific tax treatment of distributions on Chatham Lodging Trusts common shares.
  • Chatham Lodging Trust is a self-advised, publicly-traded real estate investment trust focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels.

Darwin Homes Raises $15M to Ease Single-Family Rental Business

Retrieved on: 
Monday, January 25, 2021

The SFR rental sector outperformed much of the real estate industry in 2020 with single-family REITs outperforming REITs overall by 23%.

Key Points: 
  • The SFR rental sector outperformed much of the real estate industry in 2020 with single-family REITs outperforming REITs overall by 23%.
  • Darwin Homes addresses those challenges by marrying high-quality local property managers with innovative software.
  • For the last 24 months, the Darwin Homes team has been quietly building, testing, and iterating on their playbook in four cities in Texas, seeing rapid gains: Darwin Homes tripled homes managed in 2020.
  • About Darwin Homes:Darwin Homes Property Management ( darwinhomes.com ) is redefining the renting experience for owners and residents everywhere.