Real estate investing

Sachem Capital Reports Third Quarter 2023 Results – Produces Revenue Growth of 29.5% to $17.5 Million

Retrieved on: 
Monday, November 13, 2023
Sale, NYSE American, Webcast, Interest, NYSE, Telephone, Investment, Tax, REIT, Wells Fargo Advisors, CPA, Growth, Real estate investing, Real estate investment trust, Rare-earth element, Cryptocurrency, Internet service provider

BRANFORD, Conn., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • BRANFORD, Conn., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) announced its financial results for the third quarter ended September 30, 2023.
  • For the third quarter 2023, interest income was $14.3 million compared to $11.5 million for the 2022 period.
  • Total operating costs and expenses for the quarter ended September 30, 2023 were $11.3 million, compared to $8.5 million for 2022 period.
  • Total shareholders’ equity at September 30, 2023 rose $17.8 million to $235.5 million compared to $217.7 million at December 31, 2022.

RioCan Real Estate Investment Trust Announces December 2023 Distribution

Retrieved on: 
Friday, December 15, 2023
REIT, Professional Services, Commercial Building & Real Estate, Asset Management, Construction & Property, TSX, Real estate investing, Cryptocurrency

RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of December. The distribution will be payable on January 8, 2024, to unitholders of record as at December 29, 2023.

Key Points: 

RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of December. The distribution will be payable on January 8, 2024, to unitholders of record as at December 29, 2023.

Interface Elects Catherine Marcus to Board of Directors

Retrieved on: 
Thursday, December 7, 2023
Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Textiles, Building Systems, Interior Design, Manufacturing, Residential Building & Real Estate, Real estate, NYSE, Prudential Financial, University, Real estate investing, Skanska, Entrepreneurship, Prudential, PGIM, Growth, PRU, Management, Science, Interface, New York University

Interface, Inc. (NASDAQ: TILE), the global flooring solutions company and leader in sustainability, has appointed Catherine Marcus to its Board of Directors.

Key Points: 
  • Interface, Inc. (NASDAQ: TILE), the global flooring solutions company and leader in sustainability, has appointed Catherine Marcus to its Board of Directors.
  • She is also a member of the board of directors for Skanska AB (Nasdaq Stockholm: SKA B), the multinational construction company.
  • "Cathy is a visionary leader and brings invaluable strategic perspective and insight to Interface," said Laurel Hurd, CEO of Interface.
  • Interface's board now includes the following 10 directors:
    Visit the Interface investor website at https://investors.interface.com for additional information.

MIRAI JMAC & Royal Family Office of UAE Announce Formation of MIRAI Capital Global With Its First Tranche of USD 1.5 Billion Investment Fund for ASIA-USA-UAE Corridor

Retrieved on: 
Wednesday, November 29, 2023
Finance, Start-Up, Consulting, Professional Services, Other Professional Services, BoA, Investment, Risky Business (House), Strategic partnership, Marketing, IIT Madras, LFO scandal, Family, MBA, Development, Business, Partner (business rank), B2B, Organization, Amazon, Vinoth, Real estate, Multimedia, CXO, USD, BNP Paribas, AI, Real estate investing, Silicon, Morgan Stanley, Business transformation, Royal, Region, Partner, EMBA, University, Partnership, Management, Discover Financial, Lead, Private officer of arms, Venture capital, Highness, IIM, Fintech, RFO, City, Private equity, Emirates NBD, Private, Environment, Financial services, Drug, Health care, Manufacturing, Dhilip Varman, Far East

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    “I intend to build the biggest global partnership & investment vehicle for the world and enhance the visibility of my diversified portfolio via MIRAI Capital Global,” said H.H.
  • “Our goal at MIRAI JMAC to connect large family offices with strategic investment opportunities and MIRAI Capital Global is a culmination of that mission,” said Pranav Jyoti, Co-founder and Managing Director of MIRAI Capital Global.
  • At MIRAI Capital, we aim to harness this smart capital, becoming the top choice for entrepreneurs and fund managers seeking global expansion.
  • MIRAI Capital Global, via RFO, has built a strong pipeline of strategic opportunities that will ultimately build a bridge for the India–UAE–US corridor in 2024-25.

Granite REIT Declares Distribution for November 2023

Retrieved on: 
Friday, November 17, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Real estate investing, FICC, Treasury regulations, Granite Real Estate, CDN, Toronto Stock Exchange, Trustee, TSX, Granite, Cryptocurrency, Security (finance)

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2667 per stapled unit for the month of November 2023.

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 CDN $0.2667 per stapled unit for the month of November 2023.
  • The distribution will be paid by Granite on Friday, December 15, 2023 to stapled unitholders of record at the close of trading on Thursday, November 30, 2023.
  • Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
  • A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of November 30, 2023, pursuant to United States Treasury Regulation Section 1.1446-4.

RioCan Marks Construction Milestone at The Well With Community Ribbon-Cutting, Kicking Off Holiday Programming

Retrieved on: 
Friday, November 17, 2023
REIT, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Urban Planning, Well, Destination Canada, Multimedia, Weather, TSX, Real estate investing, Nightclub, Nordic

RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) brought the community together this morning for a ribbon-cutting ceremony at The Well.

Key Points: 
  • RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) brought the community together this morning for a ribbon-cutting ceremony at The Well.
  • The ceremony marked the significant completion of commercial, residential, and retail spaces on site, and kicked off The Well’s first year of holiday programming.
  • It was important to bring the community together to mark this significant milestone,” says Jonathan Gitlin, President and CEO, RioCan.
  • To learn more about The Well or Holiday at The Well Programming, including a full schedule of experiences, please visit thewelltoronto.com .

RioCan Real Estate Investment Trust Announces November 2023 Distribution

Retrieved on: 
Wednesday, November 15, 2023
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, Urban Planning, REIT, TSX, Real estate investing, Cryptocurrency

RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of November. The distribution will be payable on December 7, 2023, to unitholders of record as at November 30, 2023.

Key Points: 

RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of November. The distribution will be payable on December 7, 2023, to unitholders of record as at November 30, 2023.

US-ASEAN Business Council Appoints Jeffrey Perlman as new Chairman

Retrieved on: 
Friday, December 8, 2023
ASEAN, US-ASEAN Business Council, University, Senior, Investment, Warburg, Ross School, Momo, Council, The Business Council, Business administration, Credit Suisse, Warburg Pincus, Ross School of Business, Our Boarding House, BBA, Business, Real estate investing, Management

WASHINGTON, Dec. 8, 2023 /PRNewswire/ -- The US-ASEAN Business Council is pleased to announce the election of Jeffrey Perlman, President of Warburg Pincus, as the 13th Chairman of the Board of Directors.

Key Points: 
  • WASHINGTON, Dec. 8, 2023 /PRNewswire/ -- The US-ASEAN Business Council is pleased to announce the election of Jeffrey Perlman, President of Warburg Pincus, as the 13th Chairman of the Board of Directors.
  • In his capacity as Chairman, Mr. Perlman will lead Board oversight of the Council, which works to create trade and investment opportunities in the economies of the Association of Southeast Asian Nations for over 175 member companies of the Council.
  • Upon assuming his position as Chairman, Mr. Perlman said, "I am honored to be named Chairman of the Board for the US-ASEAN Business Council.
  • He received a bachelor's degree in Business Administration (BBA) from the Ross School of Business at the University of Michigan.

The Exceptional Women Alliance (EWA) announces the selection of Carol Horton, Real Estate Investor

Retrieved on: 
Monday, November 20, 2023
HCP, Woman, Organization, Volition (psychology), Generosity, LOS, Culture, Marketing, Chief human resources officer, Spirit, Dallas–Fort Worth metroplex, Real estate investing, Female, Life, Management

LOS ANGELES, Nov. 20, 2023 /PRNewswire-PRWeb/ -- The Exceptional Women Alliance (EWA) announces the selection of Carol Horton, Real Estate Investor, as a 2023 EWA. Ms. Horton has over 15 years of experience in the residential construction industry. She most recently served as Chief Marketing Officer at Kindred Homes, where she successfully led a digital transformation initiative, transforming operational and sales processes. Her expertise in organizational restructuring and operational efficiencies yielded decreased overhead costs and improved overall departmental performance.

Key Points: 
  • The Exceptional Women Alliance (EWA) announces that after an expansive search and in-depth interview process, Carol Horton, Real Estate Investor, was selected as a 2023 EWA.
  • LOS ANGELES, Nov. 20, 2023 /PRNewswire-PRWeb/ -- The Exceptional Women Alliance (EWA) announces the selection of Carol Horton, Real Estate Investor, as a 2023 EWA.
  • "I'm deeply honored and humbled to have been chosen as a member of the Exceptional Women Alliance.
  • The Exceptional Women Alliance (EWA) is an invitation only peer mentorship organization where high-potential, high-level Exceptional Women from across multiple industries are hand-selected and invested in, to grow, learn, share, and succeed.

1031 Crowdfunding Launches First Private REIT With Strategic Holdings Nationwide

Retrieved on: 
Thursday, November 9, 2023
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, REIT, Other Construction & Property, Residential Building & Real Estate, Papamoa, Erosion, Ageing, Real estate investing, Multimedia, Growth, NAV, Investment, Real estate, Cryptocurrency, Security (finance)

1031 Crowdfunding (1031 CF), a real estate investing platform, today announces the launch of its Covenant Senior Housing REIT, Inc. (CSHREIT) .

Key Points: 
  • 1031 Crowdfunding (1031 CF), a real estate investing platform, today announces the launch of its Covenant Senior Housing REIT, Inc. (CSHREIT) .
  • As the company’s first Real Estate Investment Trust offering, CSHREIT focuses on stabilized, income-generating and opportunistic value-add commercial real estate with a concentration in senior housing, one of 1031 CF’s investment specialties nationwide.
  • View the full release here: https://www.businesswire.com/news/home/20231109278011/en/
    The private REIT seeks to help stockholders allocate a portion of their long-term investment portfolios to commercial real estate with the potential for lower volatility than many publicly traded REITs.
  • “The Covenant Senior Housing REIT is the first of its kind for 1031 Crowdfunding and will allow us to acquire and manage more income-producing commercial properties and real estate-related assets within strategic markets nationwide,” said Edward Fernandez, President and CEO of 1031 Crowdfunding.