Net lease

Leste Group Appoints Four Executives to New Senior Team Roles

Retrieved on: 
Wednesday, March 27, 2024
Professional Services, Commercial Building & Real Estate, Finance, Construction & Property, Asset Management, Banking, El Paso Corp., Private equity, EVP, Prudential, Executive, Sale, Business development, Credit, CFA, Investment, The Carlyle Group, Net lease

Leste Group (“Leste”), a global alternative investment manager, today announced the appointment of four executives to its senior team to support the firm’s growing North America private equity and real estate credit strategies.

Key Points: 
  • Leste Group (“Leste”), a global alternative investment manager, today announced the appointment of four executives to its senior team to support the firm’s growing North America private equity and real estate credit strategies.
  • “Leste is continuing to prove itself as a strong platform for high performing leaders to join and build strategies from private equity to real estate, credit, and special situations,” said Emmanuel Hermann, CEO & Founder of Leste Group.
  • Mark Hong and Haaris Lali will be responsible for expanding the Net Lease and Credit strategies of the firm.
  • He also held multiple roles at The Carlyle Group, The Rock Creek Group, and Rock Maple Funds.

Fundamental Income Increases Monthly Cash Dividend for the Net Lease Corporate Real Estate ETF by 5.26%

Retrieved on: 
Tuesday, February 27, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Name, Net lease, ARCA, Fundamental, NETL

Fundamental Income , a Phoenix-based net lease real estate platform, announced today its Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) will increase the fixed monthly dividend to $0.10 from $0.095, representing a 5.26% increase from its current level and NETL’s second dividend increase in 26 months.

Key Points: 
  • Fundamental Income , a Phoenix-based net lease real estate platform, announced today its Net Lease Corporate Real Estate ETF (NYSE Arca: NETL) will increase the fixed monthly dividend to $0.10 from $0.095, representing a 5.26% increase from its current level and NETL’s second dividend increase in 26 months.
  • The increased dividend will be payable on February 28, 2024 to shareholders of record as of February 27, 2024.
  • The February dividend represents the fund’s 34th consecutive monthly dividend after converting from quarterly dividends, and its 43rd consecutive dividend since inception and listing on the NYSE Arca in March 2019.
  • “Investing in Net Lease REITs is essentially investing in asset-backed, corporate credit,” said Alexi Panagiotakopoulos, Fundamental Income’s Chief Investment Officer.

Anchor Point Capital Executes Sale of Plaza Diamond Bar MXU Office, Retail Assets in Los Angeles County

Retrieved on: 
Thursday, January 25, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Diamond, Principal, Net lease, Partnership, Cal Poly, Class, Sale, California State University, Fullerton, San Gabriel Valley, Diamond Bar High School, Physician, Commercial property

Anchor Point Capital, a commercial real estate advisory firm specializing in Net Lease properties nationwide, arranged the $12.2-million sale of Plaza Diamond Bar, a two-building property located in Los Angeles County on a prominent site along the 57 Freeway corridor between the San Gabriel Valley and Orange County.

Key Points: 
  • Anchor Point Capital, a commercial real estate advisory firm specializing in Net Lease properties nationwide, arranged the $12.2-million sale of Plaza Diamond Bar, a two-building property located in Los Angeles County on a prominent site along the 57 Freeway corridor between the San Gabriel Valley and Orange County.
  • The transaction included the off-market sale of a nearly 25,000-square-foot mixed-use office building and an adjacent 8,000-square-foot freestanding multi-tenant retail building that was marketed for sale in Diamond Bar, California.
  • Plaza Diamond Bar is a multi-building property that sold off individual parcels all to different buyers over the years.
  • Eric Vu, Managing Principal of Newport Beach, California-based Anchor Point Capital, said, “These sale transactions demonstrate that office still has life, and certain office assets can generate strong investor interest.

CSE Bulletin: Notice of Distribution - Nova Net Lease REIT (NNL.U)

Retrieved on: 
Thursday, May 25, 2023
REIT, Sera, Net lease, Nightclub

Toronto, Ontario--(Newsfile Corp. - le 25 mai/May 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - le 25 mai/May 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.
  • The distribution will be to unitholders of record as at May 31, 2023 and will be paid on or about June 15, 2023.
  • Nova Net Lease REIT a annoncé une distribution à ses porteurs de parts de 0,00225 $ US par part.
  • La distribution sera versée aux porteurs de parts inscrits au 31 mai 2023 et sera versée le ou vers le 15
    Pour plus d'informations, veuillez consulter le communiqué de presse de l'émetteur.

CSE Bulletin: Notice of Distribution - Nova Net Lease REIT (NNL.U)

Retrieved on: 
Wednesday, April 26, 2023
Net lease, Nightclub

Toronto, Ontario--(Newsfile Corp. - Le 26 avril/April 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - Le 26 avril/April 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.
  • The distribution will be to unitholders of record as at April 28, 2023 and will be paid on or about May 15, 2023.
  • Nova Net Lease REIT a annoncé une distribution à ses porteurs de parts de 0,00225 $ US par part.
  • La distribution sera versée aux porteurs de parts inscrits au 28 avril 2023 et sera versée le ou vers le 15
    Pour plus d'informations, veuillez consulter le communiqué de presse de l'émetteur.

CSE Bulletin: Notice of Distribution - Nova Net Lease REIT (NNL.U)

Retrieved on: 
Monday, March 27, 2023
REIT, Net lease, Nightclub

Toronto, Ontario--(Newsfile Corp. - le 27 mars/March 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - le 27 mars/March 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.
  • The distribution will be to unitholders of record as at March 31, 2023 and will be paid on or about April 17, 2023.
  • Nova Net Lease REIT a annoncé une distribution à ses porteurs de parts de 0,00225 $ US par part.
  • La distribution sera versée aux porteurs de parts inscrits au 31 mars 2023 et sera versée le ou vers le 17
    Pour plus d'informations, veuillez consulter le communiqué de presse de l'émetteur.

CSE Bulletin: Notice of Distribution - Nova Net Lease REIT (NNL.U)

Retrieved on: 
Wednesday, February 22, 2023
Net lease, REIT, News, Nightclub

Toronto, Ontario--(Newsfile Corp. - le 22 février/February 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - le 22 février/February 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.
  • The distribution will be to unitholders of record as at February 28, 2023 and will be paid on or about March 15, 2023.
  • Nova Net Lease REIT a annoncé une distribution à ses porteurs de parts de 0,00225 $ US par part.
  • La distribution sera versée aux porteurs de parts inscrits au 28 février 2023 et sera versée le ou vers le 15
    Pour plus d'informations, veuillez consulter le communiqué de presse de l'émetteur.

CSE Bulletin: Notice of Distribution - Nova Net Lease REIT (NNL.U)

Retrieved on: 
Wednesday, January 25, 2023
Net lease

Toronto, Ontario--(Newsfile Corp. - Le 25 janvier/January 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - Le 25 janvier/January 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.
  • The distribution will be to unitholders of record as at December 31, 2023 and will be paid on or about February 15, 2023.
  • Nova Net Lease REIT a annoncé une distribution à ses porteurs de parts de 0,00225 $ US par part.
  • La distribution sera versée aux porteurs de parts inscrits au 31 janvier 2023 et sera versée le ou vers le 15
    Pour plus d'informations, veuillez consulter le communiqué de presse de l'émetteur.

CSE Bulletin: Notice of Distribution - Nova Net Lease REIT (NNL.U)

Retrieved on: 
Tuesday, January 3, 2023
Net lease, News, REIT

Toronto, Ontario--(Newsfile Corp. - Le 3 janvier/January 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - Le 3 janvier/January 2023) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.
  • The distribution will be to unitholders of record as at December 31, 2022 and will be paid on or about January 15, 2023.
  • Nova Net Lease REIT a annoncé une distribution à ses porteurs de parts de 0,00225 $ US par part.
  • La distribution sera versée aux porteurs de parts inscrits au 31 décembre 2022 et sera versée le ou vers le 15 janvier 2023.

CSE Bulletin: Notice of Distribution - Nova Net Lease REIT (NNL.U)

Retrieved on: 
Wednesday, November 23, 2022
REIT, Net lease, ET

Toronto, Ontario--(Newsfile Corp. - Le 23 novembre/November 2022) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - Le 23 novembre/November 2022) - Nova Net Lease REIT has announced a distribution to its unitholders of US$0.00225 per unit.
  • The distribution will be to unitholders of record as at November 30, 2022 and will be paid on or about December 15, 2022.
  • Nova Net Lease REIT a annonc une distribution ses porteurs de parts de 0,00225 $ US par part.
  • La distribution sera verse aux porteurs de parts inscrits au 30 November 2022 et sera verse le ou vers le 15 dcembre 2022.