Real estate investment trust

First Trust Advisors L.P. Announces Distributions for Exchange-Traded Funds

Retrieved on: 
Monday, January 22, 2024
Professional Services, Finance, MAKE, Uncertainty, Indian Sugar Mills Association, Face, S&P Dow Jones Indices, FSMB, Government, Risk, COVID-19, ETN, S&P, AIB (NI), Recession, ETF, Zorg, MLP, Standard, Prospectus, Book, Corporation, Tax, Hamas, S&P Global, Loss, Internal Revenue Service, Average revenue per user, Financial services, Adviser, Investment, Federal, Terrorism, Federal Reserve, Real estate investment trust, Infection, Dow Jones, FTA, Federal Deposit Insurance Corporation, FMB, FCAL, ERISA, Credit, Judgement, DJIA, Fraud, FINRA, Internal Revenue Code, FTP, Security (finance)

FTA has collective assets under management or supervision of approximately $210 billion as of December 31, 2023 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.

Key Points: 
  • FTA has collective assets under management or supervision of approximately $210 billion as of December 31, 2023 through unit investment trusts, exchange-traded funds, closed-end funds, mutual funds and separate managed accounts.
  • A Fund's shares will change in value, and you could lose money by investing in a Fund.
  • However, unlike mutual funds, shares may only be redeemed directly from the Fund by authorized participants, in very large creation/redemption units.
  • In addition, a Fund's investment performance and risks may be related to the investment and performance of the underlying funds.

Morningstar and iCapital Announce Strategic Relationship to Expand Financial Advisor Access to Alternative Investments and Insights

Retrieved on: 
Wednesday, January 17, 2024
Scores, Adviser, Research, Enterprise, Pulse, Real estate investment trust, Investment, Family, Human voice, Financial adviser

CHICAGO and NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment insights, and iCapital,1 the global fintech platform empowering the asset and wealth management industry with an industry-leading alternative investment experience, today announced a strategic relationship to provide Advisor WorkstationSM users with access to alternative investments and analytics for the first time.

Key Points: 
  • iCapital's investment technology platform is now integrated with Morningstar Advisor Workstation and provides 170,000 financial advisors with access to alternative investments and research.
  • The integration equips Advisor Workstation's more than 170,000 users with alternative investment research and tools to evaluate private assets side by side with traditional investments.
  • Coupled with investment proposal and report capabilities in Advisor Workstation, the solution empowers advisors to offer holistic recommendations and build diversified portfolios that include alternative assets for clients.
  • "We are enormously excited to forge this relationship with Morningstar and support expanded access to alternative investing opportunities and insights," said Lawrence Calcano , chairman and chief executive officer at iCapital.

Skyline Industrial REIT reports a strong 2023 with $388.68 million in transactions and outlines key focuses for 2024

Retrieved on: 
Tuesday, January 9, 2024
Carbon, Philosophy, Agility, Real estate investment trust, TRW, City, Partnership, Pointe-Claire, Real estate, Hunt Club Road, Sale, Acquisition, LEED, EV, Tenant, Longevity, Transport, Saint-Jean-sur-Richelieu, Real estate investing, Self storage

In 2023, the REIT completed eight transactions, adding three new assets to the portfolio and selling 15 non-core assets (in five separate transactions).

Key Points: 
  • In 2023, the REIT completed eight transactions, adding three new assets to the portfolio and selling 15 non-core assets (in five separate transactions).
  • On February 10, 2023, the REIT sold a single-tenant industrial building located at 500 Saint-Louis Street in Saint-Jean-sur-Richelieu, Quebec.
  • On September 13, 2023, the REIT sold a single-tenant industrial freezer storage building located at 7801 Boulevard Henri-Bourassa E, Montreal, Quebec , for $22.6 million.
  • Heading into 2024, Skyline Industrial REIT remains grounded in its unwavering commitment to the principles that have defined its success to date.

Ventas Confirms Receipt of Director Nominations from Land & Buildings

Retrieved on: 
Thursday, January 11, 2024
Commercial Building & Real Estate, Seniors, Construction & Property, Nursing, General Health, Health, REIT, Consumer, VTR, Shareholder, Real estate investment trust, Audit

Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today issued the following statement regarding the nomination of three director candidates by Land & Buildings Investment Management, LLC to stand for election to the Company’s Board of Directors at Ventas’s 2024 Annual Meeting of Stockholders.

Key Points: 
  • Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today issued the following statement regarding the nomination of three director candidates by Land & Buildings Investment Management, LLC to stand for election to the Company’s Board of Directors at Ventas’s 2024 Annual Meeting of Stockholders.
  • The Ventas Board of Directors and management team are committed to acting in the best interests of the Company and all shareholders.
  • The Board recognizes the importance of ongoing refreshment and has an effective and comprehensive director succession and search process in place.
  • Ventas’s Nominating, Governance and Corporate Responsibility Committee will evaluate Land & Buildings’ director candidates consistent with its established practices.

Real Estate and Corporate Attorney Joseph Leone Joins Federman Steifman LLP as Partner in New York Office

Retrieved on: 
Thursday, January 11, 2024
Chambers and Partners, Federman, Watchtower, DeBevoise, Martha Plimpton, Temperament, Partner, Real estate investment trust, CMBS, Yale University, Acquisition, Georgetown University Law Center, Negotiation, Pedigree, Real estate

NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Federman Steifman LLP announced today that real estate and corporate attorney Joseph Leone has joined the firm as Partner.

Key Points: 
  • NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Federman Steifman LLP announced today that real estate and corporate attorney Joseph Leone has joined the firm as Partner.
  • Mr. Leone will be based out of the firm's New York office.
  • Mr. Leone has extensive experience in negotiating, structuring and closing a vast array of commercial real estate transactions nationally  – from complex, billion-dollar deals for institutional clients, to nuanced matters involving family offices and small businesses.
  • Mr. Leone also serves as New York and Connecticut local counsel to out-of-state clients and law firms.

Radix Hires Industry-Leader Jay Denton as its New Chief Economist

Retrieved on: 
Wednesday, January 10, 2024
Senior, The Wall Street Journal, NMHC, Research, Business intelligence, Pro forma, Software as a service, Business Insider, AI, MSA, Real estate investment trust, Growth, Investment

SCOTTSDALE, Ariz., Jan. 10, 2024 /PRNewswire-PRWeb/ -- Radix, the provider of a cutting-edge market research, performance and data analytics platform, today announced the hiring of Jay Denton as Chief Economist.

Key Points: 
  • SCOTTSDALE, Ariz., Jan. 10, 2024 /PRNewswire-PRWeb/ -- Radix , the provider of a cutting-edge market research, performance and data analytics platform, today announced the hiring of Jay Denton as Chief Economist.
  • In his new position, Denton will be tasked with building the market forecasts vital to Radix clients as they navigate the evolving economic landscape.
  • "As Radix grows its market footprint and industry influence, proven leaders like Jay are essential to successfully scale and hone our solutions," said Radix CEO and Founder, Blerim Zeqiri.
  • Prior to joining Radix, Denton served as Chief Analytics Officer at LaborIQ, where he led the company's product, data and market analysis teams.

REITs poised for takeoff in 2024

Retrieved on: 
Wednesday, January 10, 2024
Investment, NAV, Real estate investment trust, Discounted cash flow, Environment, Tax, REIT, Projection, Growth, Real estate

TORONTO, Jan. 10, 2024 /PRNewswire/ - According to Hazelview Investments' 2024 Global Public Real Estate Outlook Report (the "Report"), after two years of challenging conditions, share prices for global real estate investment trusts ("REITs") are poised to outperform in 2024, fueled by two key dynamics: resilient corporate earnings for REITs despite slower economic growth, and rapid declines in new real estate supply.

Key Points: 
  • TORONTO, Jan. 10, 2024 /PRNewswire/ - According to Hazelview Investments' 2024 Global Public Real Estate Outlook Report (the "Report"), after two years of challenging conditions, share prices for global real estate investment trusts ("REITs") are poised to outperform in 2024, fueled by two key dynamics: resilient corporate earnings for REITs despite slower economic growth, and rapid declines in new real estate supply.
  • This is not just a moment—it's an extraordinary market opportunity, and we are poised to capitalize on it."
  • This is a key historical point that underlines the opportunity ahead for REITs as an asset class.
  • "Despite a rally at the ending of 2023, REITs remain cheap," said Samuel Sahn, Managing Partner & Portfolio Manager, Public Real Estate Investments.

Greenspoon Marder Expands Litigation Practice Group with Addition of Partner Jeffrey Gilbert in Miami

Retrieved on: 
Tuesday, January 9, 2024
Corporate law, Lawyer, Miami metropolitan area, Partnership, Real estate, Real estate investment trust, News, Fortune 500, Organization

MIAMI, Jan. 9, 2024 /PRNewswire/ -- Greenspoon Marder expands the firm's Litigation practice group with the addition of partner Jeffrey Gilbert in the Miami office.

Key Points: 
  • MIAMI, Jan. 9, 2024 /PRNewswire/ -- Greenspoon Marder expands the firm's Litigation practice group with the addition of partner Jeffrey Gilbert in the Miami office.
  • He also represents developers, real estate lenders, financial institutions, REITs, special servicers, and receivers in property, real estate, financial, and construction disputes.
  • "I am excited to embark on a new chapter with Greenspoon Marder and join its esteemed litigation group.
  • "We are delighted to welcome Jeffrey to Greenspoon Marder, and look forward to leveraging his years of experience and business and community connections to further enhance the services we provide to our clients," said Gerald Greenspoon , co-managing director of Greenspoon Marder.

CBRE Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for January, February and March and Announces a Webinar with Portfolio Management

Retrieved on: 
Monday, January 8, 2024
Professional Services, Finance, Construction & Property, Asset Management, REIT, Banking, Real estate investment trust, Policy, Fund, Sale, Character, Life insurance

SHAREHOLDERS WILL BE SENT A FORM 1099-DIV FOR THE CALENDAR YEAR INDICATING HOW TO REPORT FUND DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.

Key Points: 
  • SHAREHOLDERS WILL BE SENT A FORM 1099-DIV FOR THE CALENDAR YEAR INDICATING HOW TO REPORT FUND DISTRIBUTIONS FOR FEDERAL INCOME TAX PURPOSES.
  • The estimated allocations presented above are based on the Fund’s monthly calculation of its year-to-date net investment income, capital gains and returns of capital.
  • The Fund’s investment income is mainly comprised of distributions received from the real estate investment trusts (REITs) and other companies in which it invests.
  • The Fund’s net investment income is reduced by the amounts characterized by the REITs as capital gains and returns of capital.

Robert Denton Elected as Chairman of the Board of Trustees

Retrieved on: 
Friday, January 5, 2024
Construction & Property, Defense, REIT, Other Defense, Constellation, Real estate investment trust, Mid-Atlantic (United States), Government, The Electric Company, Trustee, Constellation Energy, CEG, CDP, Management

COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced that its Board of Trustees elected Robert L. Denton, Sr. to serve as Chairman of the Board, effective January 1, 2024.

Key Points: 
  • COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced that its Board of Trustees elected Robert L. Denton, Sr. to serve as Chairman of the Board, effective January 1, 2024.
  • Mr. Denton has served as an Independent Trustee of the Company since 1999 and is currently the Chairman of the Nominating and Corporate Governance Committee.
  • Thomas F. Brady resigned as Chairman of the Board, effective December 31, 2023, but remains on the Board.
  • Thomas F. Brady had been Chairman of the Company’s Board since May 2013 and has been a Member of the Board since January 2002.