Leaseback

Lexington Realty Trust to Report Fourth Quarter 2020 Results and Host Conference Call on February 18, 2021

Retrieved on: 
Thursday, January 28, 2021
Real estate investment trust, Leaseback, Finance, Economy

NEW YORK, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (Lexington), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced it will release its fourth quarter 2020 financial results the morning of Thursday, February 18, 2021.

Key Points: 
  • NEW YORK, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Lexington Realty Trust (NYSE:LXP) (Lexington), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced it will release its fourth quarter 2020 financial results the morning of Thursday, February 18, 2021.
  • Lexington will host its conference call and webcast that same day at 8:30 a.m., Eastern Time to discuss these results.
  • Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of industrial investments in single-tenant commercial properties across the United States.
  • Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions, development projects and other transactions, including acquisitions.

W. P. Carey Included in 2021 Bloomberg Gender-Equality Index

Retrieved on: 
Wednesday, January 27, 2021
Finance, Money, Bloomberg L.P., W. P. Carey, GEI, Leaseback, Financial markets

NEW YORK, Jan. 27, 2021 /PRNewswire/ --W. P. Carey Inc. (NYSE:WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties,today announced that it has been named to the 2021 Bloomberg Gender-Equality Index ("GEI").

Key Points: 
  • NEW YORK, Jan. 27, 2021 /PRNewswire/ --W. P. Carey Inc. (NYSE:WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties,today announced that it has been named to the 2021 Bloomberg Gender-Equality Index ("GEI").
  • W. P. Carey was included in this year's index for scoring at or above a global threshold established by Bloomberg to reflect a high level of disclosure and overall performance across the framework's five pillars.
  • "The companies included in the 2021 GEI are expanding the ESG data universe to include gender-related data that investors are demanding today," said Peter T. Grauer, Chairman of Bloomberg.
  • In 2020, W. P. Carey took several notable actions to advance its diversity and inclusion efforts, including:
    Jason Fox, Chief Executive Officer of W. P. Carey, said:"We are extremely proud to be included in Bloomberg's 2021 Gender-Equality Index and recognized as a leader in advancing women in the workplace.

Harvest Health & Recreation Inc. Announces Sale Leaseback Transaction with Innovative Industrial Properties

Retrieved on: 
Monday, January 25, 2021
Contract law, Leaseback, Leasing, Sales, Cannabis, Articles, Branches of biology

("Harvest")(CSE:HARV,OTCQX:HRVSF),a vertically integrated cannabis company and multi-state operator in the U.S., today announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. ("IIP") (NYSE:IIPR).

Key Points: 
  • ("Harvest")(CSE:HARV,OTCQX:HRVSF),a vertically integrated cannabis company and multi-state operator in the U.S., today announced the closing of a sale leaseback transaction with Innovative Industrial Properties, Inc. ("IIP") (NYSE:IIPR).
  • Harvest sold an industrial property totaling approximately 292,000 square feet for $23.8 million.
  • Concurrent with the sale Harvest entered into a triple net lease with IIP.
  • About Harvest Health & Recreation Inc.
    Headquartered inTempe, Arizona, Harvest Health & Recreation Inc.is a vertically integrated cannabis company and multi-state operator.

Lexington Realty Trust Final Dividend Allocation for 2020

Retrieved on: 
Friday, January 22, 2021
Real estate investment trust, Leaseback, Real estate investing, Economy, Articles

Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States.

Key Points: 
  • Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) focused on single-tenant industrial real estate investments across the United States.
  • Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions, development projects and other transactions, including acquisitions.
  • For more information or to follow Lexington on social media, visit www.lxp.com .
  • Investor or Media Inquiries for Lexington Realty Trust:

Fundamental Income Completes Over $215 million in Net Lease Real Estate Investments

Retrieved on: 
Wednesday, January 13, 2021
Commercial Building & Real Estate, Construction & Property, Professional services, Finance, Leasing, Finance, Contract law, Leaseback, Sales, Economy

Fundamental Income , a Phoenix-based net lease real estate platform backed by a fund managed by Brookfield Asset Management (NYSE: BAM), acquired over $215 million of real estate assets in the last four months of 2020.

Key Points: 
  • Fundamental Income , a Phoenix-based net lease real estate platform backed by a fund managed by Brookfield Asset Management (NYSE: BAM), acquired over $215 million of real estate assets in the last four months of 2020.
  • Led by seven investment partners with a combined 50 years and $15 billion of net lease, capital markets and real estate experience, Fundamental Income invests in single-tenant properties net leased to operating companies across the United States.
  • Fundamental Income provides real estate capital solutions and sale-leasebacks to businesses and business owners with established and growing operations across the United States.
  • Separately, Fundamental Income is also the Founder, Sponsor, and Index Provider to the NETLease Corporate Real Estate ETF (NYSE arca: NETL) , which seeks to track the performance of the Fundamental Income Net Lease Real Estate Index (NETLXT) calculated by NASDAQ.

LTC Senior Management to Participate in the Capital One Securities Inaugural REIT Conference and the Stifel 2021 Seniors Housing and Healthcare Real Estate Conference

Retrieved on: 
Thursday, January 7, 2021
General Health, Professional services, Consumer, Technology, Residential Building & Real Estate, Construction & Property, Public relations, Investor relations, Communications, REIT, Seniors, Finance, Other Technology, Health, Real estate investment trust, Leaseback, Finance, Economy, Welltower

LTC Properties Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced that senior management will participate in the Capital One Securities Inaugural REIT Conference on Monday, January 11 and Tuesday, January 12, 2021.

Key Points: 
  • LTC Properties Inc. (NYSE: LTC), a real estate investment trust that invests in seniors housing and health care properties, today announced that senior management will participate in the Capital One Securities Inaugural REIT Conference on Monday, January 11 and Tuesday, January 12, 2021.
  • In addition, on January 19, 2021, senior management will participate in the Stifel 2021 Seniors Housing and Healthcare Real Estate Conference.
  • LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending.
  • The portfolio is comprised of approximately 50% seniors housing and 50% skilled nursing properties.

Medical Properties Trust to Acquire £800 Million in Behavioral Hospitals

Retrieved on: 
Wednesday, January 6, 2021
Hospitals, Construction & Property, Health, REIT, Finance, Medical Properties Trust, Leaseback, MPT

Medical Properties Trust, Inc. (the Company or MPT) (NYSE: MPW) today announced that it has entered into definitive agreements to acquire a portfolio of select behavioral health facilities located in the United Kingdom for approximately 800 million, plus customary stamp duty tax and other transaction costs.

Key Points: 
  • Medical Properties Trust, Inc. (the Company or MPT) (NYSE: MPW) today announced that it has entered into definitive agreements to acquire a portfolio of select behavioral health facilities located in the United Kingdom for approximately 800 million, plus customary stamp duty tax and other transaction costs.
  • Following Waterlands acquisition of Priory, the properties MPT will acquire will be subject to long-term sale-leaseback agreements with Priory.
  • The Company expects coverage to expand as strategic and operating initiatives are executed and as the result of anticipated robust growth in the UK behavioral health marketplace.
  • Medical Properties Trust, Inc. is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities.

LTC Declares Its Monthly Common Stock Cash Dividend for the First Quarter of 2021

Retrieved on: 
Monday, January 4, 2021
Professional services, Health, Residential Building & Real Estate, Other Health, Finance, Construction & Property, Finance, Money, Financial markets, Corporate finance, Dividend, Shareholders, Private equity, Real estate investment trust, Preferred stock, Leaseback, Mezzanine capital

LTC Properties, Inc. (NYSE: LTC) announced today that it had declared a monthly cash dividend on its common stock for the first quarter of 2021.

Key Points: 
  • LTC Properties, Inc. (NYSE: LTC) announced today that it had declared a monthly cash dividend on its common stock for the first quarter of 2021.
  • The Company declared a monthly cash dividend of $0.19 per common share per month for the months of January, February and March 2021, payable on January 29, February 26 and March 31, 2021, respectively, to stockholders of record on January 21, February 18 and March 23, 2021, respectively.
  • LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending.
  • The actual results achieved by the Company may differ materially from any forward-looking statements due to the risks and uncertainties of such statements.

FCPT Announces Sale-Leaseback of a Jiffy Lube Property for $1.6 Million

Retrieved on: 
Thursday, December 31, 2020
Retail, Restaurant, Bar, Commercial Building & Real Estate, Specialty, Construction & Property, REIT, Contract law, Leaseback, Leasing, Sales, Real estate investing, Real estate investment trust, Economy

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 Jiffy Lube property for $1.6 million via a sale-leaseback 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 Jiffy Lube property for $1.6 million via a sale-leaseback transaction.
  • The property is located in a strong retail corridor in Indiana and is occupied under a new triple net lease by a franchisee operator (Hoosier Automotive Services) with 15 years of term remaining.
  • The transaction was priced at a going-in cash capitalization in range with previous FCPT transactions.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.

FCPT Announces 2020 Acquisition Volume and Sale-Leaseback of a Chili’s Restaurant Property for $2.9 million

Retrieved on: 
Thursday, December 31, 2020
REIT, Restaurant, Bar, Retail, Commercial Building & Real Estate, Construction & Property, Contract law, Leaseback, Leasing, Sales, Real estate investing, Economy

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 Chilis restaurant property for $2.9 million via a sale-leaseback 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 Chilis restaurant property for $2.9 million via a sale-leaseback transaction.
  • The property is located in a strong retail corridor in South Carolina and is occupied under a new triple net lease by a franchisee operator with 20 years of term remaining.
  • Including today's acquisitions, in 2020 FCPT completed real estate acquisitions of 101 properties for a total investment of $222.7 million, exclusive of transaction costs.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.