Trustee

Acadia Realty Trust Announces $0.18 Per Share Quarterly Dividend

Retrieved on: 
Wednesday, February 28, 2024

Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that its Board of Trustees has declared a cash dividend of $0.18 per common share for the quarter ended March 31, 2024. The quarterly dividend is payable on April 15, 2024 to holders of record as of March 28, 2024.

Key Points: 

Acadia Realty Trust (NYSE:AKR) (“Acadia” or the “Company”) today announced that its Board of Trustees has declared a cash dividend of $0.18 per common share for the quarter ended March 31, 2024. The quarterly dividend is payable on April 15, 2024 to holders of record as of March 28, 2024.

Doug Braunstein to Join Wells Fargo as Vice Chairman

Retrieved on: 
Tuesday, February 27, 2024

Wells Fargo & Company (NYSE:WFC) today announced that Doug Braunstein will join the company as Vice Chairman, effective February 28.

Key Points: 
  • Wells Fargo & Company (NYSE:WFC) today announced that Doug Braunstein will join the company as Vice Chairman, effective February 28.
  • At Wells Fargo, Doug will work alongside our business leaders and bankers on growing the company’s corporate finance and advisory businesses, while also providing counsel to Wells Fargo senior management on broader business issues.
  • View the full release here: https://www.businesswire.com/news/home/20240227742180/en/
    Wells Fargo Bank branch located in the Wells Fargo Center (Photo: Wells Fargo)
    Braunstein joins Wells Fargo with more than 35 years of industry experience, including nearly two decades at JPMorgan Chase (JPMC), where he held several executive management roles, including Chief Financial Officer and Vice Chairman.
  • In addition, the breadth of Doug’s experience means he’ll be an effective advisor to Wells Fargo’s senior management team on business issues beyond client development.”
    Doug Braunstein said, “I am truly excited to join Wells Fargo.

Mitchell Silberberg & Knupp Partner Appointed to White House Advisory Committee for Trade Policy and Negotiations

Retrieved on: 
Monday, February 26, 2024

Mitchell Silberberg & Knupp LLP is pleased to announce that Nimish Patel , Chair of the firm’s Corporate & Business Transactions practice group, has been appointed to the White House Advisory Committee for Trade Policy and Negotiations by President Joe Biden.

Key Points: 
  • Mitchell Silberberg & Knupp LLP is pleased to announce that Nimish Patel , Chair of the firm’s Corporate & Business Transactions practice group, has been appointed to the White House Advisory Committee for Trade Policy and Negotiations by President Joe Biden.
  • View the full release here: https://www.businesswire.com/news/home/20240226711477/en/
    Nimish Patel, Partner at Mitchell Silberberg & Knupp LLP.
  • (Photo: Business Wire)
    The Advisory Committee for Trade Policy and Negotiations provides overall policy advice to the United States Trade Representative on matters arising in connection with the development, implementation, and administration of the trade policy of the United States.
  • degrees from the University of San Diego and his undergraduate degree from the University of Southern California.

Wolters Kluwer expert to speak on Corporate Transparency Act panel at SFVegas

Retrieved on: 
Monday, February 26, 2024

He will be participating in the panel, “Policy Watch: Corporate Transparency Act,” on February 27, 2024.

Key Points: 
  • He will be participating in the panel, “Policy Watch: Corporate Transparency Act,” on February 27, 2024.
  • The panel will feature experts discussing the new beneficial ownership rule that went into effect at the beginning of this year.
  • As part of the U.S. Corporate Transparency Act (CTA), the rule will impact approximately 32.6 million reporting companies in 2024, with an additional five million new reporting companies moving forward.
  • More information is available on the dedicated Wolters Kluwer resource page, “ Beneficial Ownership Information Compliance from CT Corporation .”

Chatham Lodging Announces Date of 2024 Annual Meeting of Shareholders

Retrieved on: 
Monday, February 26, 2024

Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels, today announced that its Board of Trustees has selected May 15, 2024 at 10:00 a.m. EDT as the date and time for the company’s 2024 annual meeting of shareholders.

Key Points: 
  • Chatham Lodging Trust (NYSE: CLDT), a hotel real estate investment trust (REIT) focused on investing in upscale extended-stay hotels and premium-branded select-service hotels, today announced that its Board of Trustees has selected May 15, 2024 at 10:00 a.m. EDT as the date and time for the company’s 2024 annual meeting of shareholders.
  • The meeting will be held at the company’s corporate offices located at 222 Lakeview Avenue, Suite 200, West Palm Beach, Fla., 33401.
  • The record date for determining shareholders entitled to notice of, and to vote at, the annual meeting will be the close of business on March 18, 2024.

Public Storage Declares First Quarter 2024 Dividends

Retrieved on: 
Friday, February 23, 2024

Public Storage (NYSE:PSA) announced today that on February 23, 2024, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share.

Key Points: 
  • Public Storage (NYSE:PSA) announced today that on February 23, 2024, our Board of Trustees declared a regular quarterly common dividend of $3.00 per common share.
  • The Board also declared dividends with respect to our various series of preferred shares.
  • All the dividends are payable on March 28, 2024, to shareholders of record as of March 13, 2024.
  • Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns, and operates self-storage facilities.

Peakstone Realty Trust Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024

Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties, today announced its financial results for the quarter and full year ended December 31, 2023.

Key Points: 
  • Peakstone Realty Trust ("PKST" or the "Company") (NYSE: PKST), a real estate investment trust that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties, today announced its financial results for the quarter and full year ended December 31, 2023.
  • In the fourth quarter, total revenue was approximately $63.1 million compared to $75.9 million for the same quarter last year.
  • In the fourth quarter, Same Store Cash NOI was approximately $48.2 million compared to $46.2 million for the same quarter last year, an increase of 4.5%.
  • PKST will host a webcast to present the fourth quarter results on Thursday, February 22, 2024 at 5:00 p.m. Eastern Time.

COPT Defense Increases Quarterly Dividend by 3.5%

Retrieved on: 
Thursday, February 22, 2024

COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the first quarter ending March 31, 2024.

Key Points: 
  • COPT Defense Properties (NYSE: CDP) (“COPT Defense” or the “Company”) announced today that its Board of Trustees declared a regular quarterly dividend of $0.295 per common share for the first quarter ending March 31, 2024.
  • This represents an increase of 3.5%, or $0.01 per share, over the most recent quarterly dividend of $0.285.
  • The first quarter 2024 dividend represents an annualized amount of $1.18 per share and is payable on April 17, 2024, to shareholders of record on March 29, 2024.

The Conrad N. Hilton Foundation Granted Nearly $300 Million in 2023

Retrieved on: 
Wednesday, February 21, 2024

Conrad N. Hilton Foundation announced today that the year-end grantmaking payout was $290 million in 2023, and $29.3 million in grants, including Program-Related Investments, were approved at the fourth quarter board meeting alone.

Key Points: 
  • Conrad N. Hilton Foundation announced today that the year-end grantmaking payout was $290 million in 2023, and $29.3 million in grants, including Program-Related Investments, were approved at the fourth quarter board meeting alone.
  • The Hilton Foundation Safe Water initiative supports 4Ward Development as a subsidiary of Water4 to expand its public-private water service delivery model.
  • This partnership is one example of the Safe Water initiative’s commitment to create sustainable solutions for quality water service delivery in rural communities.
  • (Photo: Business Wire)
    The Foundation’s Safe Water initiative awarded $36.3 million in grants in 2023, representing the largest financial commitment to a single program area within the fiscal year.

Physicians Realty Trust Reports Fourth Quarter and Year Ended 2023 Financial Results

Retrieved on: 
Wednesday, February 21, 2024

Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the fourth quarter ended December 31, 2023.

Key Points: 
  • Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the fourth quarter ended December 31, 2023.
  • Total revenue for the fourth quarter ended December 31, 2023, was $135.5 million, an increase of 2.2% from the fourth quarter ended December 31, 2022.
  • Total expenses for the fourth quarter 2023 were $128.2 million, compared to total expenses of $120.3 million for the fourth quarter 2022.
  • Net income for the fourth quarter 2023 was $7.1 million, compared to net income of $11.9 million for the fourth quarter 2022.