Stonebridge

JBG SMITH Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
REIT, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, GAAP, Trustee, Stonebridge at Potomac Town Center, NOI, Stonebridge, Borrowing base, Burn, Cryptocurrency, Rare-earth element, Commercial property, Self storage, Renting

Same Store NOI ("SSNOI") at our share increased 3.7% quarter-over-quarter to $76.9 million for the three months ended September 30, 2023.

Key Points: 
  • Same Store NOI ("SSNOI") at our share increased 3.7% quarter-over-quarter to $76.9 million for the three months ended September 30, 2023.
  • SSNOI at our share increased 0.5% year-over-year to $225.9 million for the nine months ended September 30, 2023.
  • The operating commercial portfolio was 85.6% leased and 84.4% occupied as of September 30, 2023, compared to 86.3% and 84.0% as of June 30, 2023, at our share.
  • On October 31, 2023, our Board of Trustees declared a quarterly dividend of $0.225 per common share, payable on December 1, 2023 to shareholders of record as of November 17, 2023.

Kimco Realty® Announces Third Quarter 2023 Results

Retrieved on: 
Thursday, October 26, 2023
Construction & Property, Supermarket, Building Systems, REIT, Landscape, Other Construction & Property, Retail, Residential Building & Real Estate, Weingarten Realty, Sale, Albertsons, NYSE, Wegmans, Operation, RPT, GAAP, Acquisition, FFO, Growth, Stonebridge at Potomac Town Center, Stonebridge, NOI, RPT Realty, Bed, WRI, Table, Investment, ACI, Bed Bath & Beyond, Cryptocurrency, Reinsurance, Self storage, Lease, Renting, Security (finance), Holding company

Kimco Realty® (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, today reported results for the third quarter ended September 30, 2023.

Key Points: 
  • Kimco Realty® (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, today reported results for the third quarter ended September 30, 2023.
  • For the three months ended September 30, 2023 and 2022, Kimco Realty’s net income available to the company’s common shareholders per diluted share was $0.18 and $0.08, respectively.
  • Subsequent to quarter end, issued $500 million of senior unsecured notes with a 6.400% coupon that mature in 2034.
  • FFO was $248.6 million, or $0.40 per diluted share, for the third quarter of 2023, compared to $254.5 million, or $0.41 per diluted share, for the third quarter 2022.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1075 Per Share for November

Retrieved on: 
Monday, October 23, 2023
Professional Services, Finance, Terrorism, NYSE, Infection, FINRA, ERISA, Internal Revenue Code, FTA, Federal Reserve, Fraud, Interest, AIB (NI), Hedge fund, Investment, Judgement, Federal, Trust, FTP, COVID-19, Risk, Stonebridge, Internal Revenue Code section 409A, LIBOR, Fund, Bankruptcy, London Interbank Bid Rate, New York Stock Exchange, Uncertainty, Real estate, Life insurance, Security (finance), Financial adviser, Bank

First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1075 per share payable on November 15, 2023, to shareholders of record as of November 2, 2023.

Key Points: 
  • First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1075 per share payable on November 15, 2023, to shareholders of record as of November 2, 2023.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • The Fund seeks to achieve its investment objectives by investing in preferred and other income-producing securities.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

First Trust Advisors L.P. Announces Portfolio Manager Update for First Trust Intermediate Duration Preferred & Income Fund

Retrieved on: 
Tuesday, October 17, 2023
Banking, Professional Services, Finance, Terrorism, Judgement, Investment, COVID-19, NYSE, Fraud, Federal, Bankruptcy, AIB (NI), Interest, FTP, Risk, London Interbank Bid Rate, Infection, FTA, Trust, Internal Revenue Code, Fund, Stonebridge, New York Stock Exchange, FINRA, ERISA, Uncertainty, Internal Revenue Code section 409A, Federal Reserve, LIBOR, Financial adviser, Security (finance), Bank, Life insurance

First Trust Advisors L.P. ("FTA") announced today that Stonebridge Advisors LLC ("Stonebridge"), investment sub-advisor for First Trust Intermediate Duration Preferred & Income Fund (NYSE: FPF) (the "Fund"), will release an update on the market and the Fund for financial professionals and investors.

Key Points: 
  • First Trust Advisors L.P. ("FTA") announced today that Stonebridge Advisors LLC ("Stonebridge"), investment sub-advisor for First Trust Intermediate Duration Preferred & Income Fund (NYSE: FPF) (the "Fund"), will release an update on the market and the Fund for financial professionals and investors.
  • The Fund seeks to achieve its investment objectives by investing in preferred and other income-producing securities.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.
  • Stonebridge Advisors LLC ("Stonebridge"), the Fund's investment sub-advisor, is a registered investment advisor specializing in preferred and hybrid securities.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1075 Per Share for October

Retrieved on: 
Wednesday, September 20, 2023
Banking, Professional Services, Finance, AIB (NI), Uncertainty, New York Stock Exchange, ERISA, Interest, Investment, Federal, LIBOR, COVID-19, Infection, Stonebridge, Risk, Terrorism, Judgement, Internal Revenue Code, FTP, Hedge fund, Trust, Federal Reserve, London Interbank Bid Rate, Internal Revenue Code section 409A, FINRA, Fraud, Fund, NYSE, FTA, Bankruptcy, Life insurance, Security (finance), Financial adviser, Bank

First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1075 per share payable on October 16, 2023, to shareholders of record as of October 3, 2023.

Key Points: 
  • First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1075 per share payable on October 16, 2023, to shareholders of record as of October 3, 2023.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • The Fund seeks to achieve its investment objectives by investing in preferred and other income-producing securities.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

LUX SPEED BREAKS GROUND AT THE OAKVILLE PROJECT IN ALEXANDRIA, VIRGINIA

Retrieved on: 
Friday, September 1, 2023
National Landing, Internet, Wi-Fi, Stonebridge, Mobile phone

FORT LAUDERDALE, Fla., Sept. 1, 2023 /PRNewswire/ -- On November 9th 2022, leaders from Lux Speed and Stonebridge Associates attended a groundbreaking at the Oakville project located in Alexandria, Virginia.

Key Points: 
  • FORT LAUDERDALE, Fla., Sept. 1, 2023 /PRNewswire/ -- On November 9th 2022, leaders from Lux Speed and Stonebridge Associates attended a groundbreaking at the Oakville project located in Alexandria, Virginia.
  • Lux Speed, an industry leading fiber optic internet service provider, will bring its state-of-the-art high-speed internet service to the Oakville Community, specifically to the new multifamily residential apartment buildings.
  • Lux Speed's smart community technology will provide the residents at Oakville with the best internet and community Wi-Fi services available in the country.
  • "Lux Speed is proud to add the Oakville Triangle Development to our portfolio of customers", stated Michael Bertamini, Lux Speed's CEO.

Enviva Appoints Glenn Nunziata as New Chief Financial Officer

Retrieved on: 
Wednesday, August 30, 2023
Forest Products, Agriculture, Natural Resources, Environment, Treasury, Stonebridge, Inc., Vice, College, EY, Farmer, Business, Risk management, Multimedia, Accounting, Plant, Partner, Growth, Biomass, James Madison University, NYSE, Management, Science, Assurance services

Enviva Inc. (NYSE: EVA) (“Enviva” or the “Company”), the world’s leading producer of sustainably sourced woody biomass, today announced that Glenn Nunziata has been named the Company’s Executive Vice President and Chief Financial Officer, effective immediately.

Key Points: 
  • Enviva Inc. (NYSE: EVA) (“Enviva” or the “Company”), the world’s leading producer of sustainably sourced woody biomass, today announced that Glenn Nunziata has been named the Company’s Executive Vice President and Chief Financial Officer, effective immediately.
  • Most recently, Mr. Nunziata served as the Chief Financial Officer of Smithfield Foods Inc., an $18 billion company that owns and operates processing facilities across the U.S. and works with thousands of farmers and landowners each year managing its diversified supply chain.
  • Mr. Meth added, “We believe Glenn will play a key role in improving our financial processes as we continue to focus on the cost structure and profitability of our plants, contracts, and supply chain.
  • Mr. Nunziata succeeds Shai Even, who held the role since 2018.

Kimco Realty® Acquires Stonebridge at Potomac Town Center

Retrieved on: 
Thursday, August 24, 2023
Commercial Building & Real Estate, Construction & Property, Other Retail, Urban Planning, REIT, Supermarket, Food, Beverage, Retail, Other Construction & Property, REI, Wegmans, Virginia State Route 784 (Prince William County), Starbucks, Stonebridge, Stonebridge at Potomac Town Center, Government, Cava, Acquisition, Restaurant, Apple, NYSE, Ulta Beauty

Kimco Realty® (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, today announced the acquisition of Stonebridge at Potomac Town Center, a 96%-occupied, 504,000-square-foot, grocery-anchored lifestyle center in Woodbridge, Virginia, for $172.5 million.

Key Points: 
  • Kimco Realty® (NYSE: KIM), North America’s largest publicly traded owner and operator of open-air, grocery-anchored shopping centers and a growing portfolio of mixed-use assets, today announced the acquisition of Stonebridge at Potomac Town Center, a 96%-occupied, 504,000-square-foot, grocery-anchored lifestyle center in Woodbridge, Virginia, for $172.5 million.
  • "We’re excited to add Stonebridge at Potomac Town Center, a premiere grocery-anchored center situated in a high barrier-to-entry location with strong demographics, to our dynamic portfolio,” said Ross Cooper, Kimco’s President and Chief Investment Officer.
  • Strategically located at the intersections of I-95, Dale Boulevard, Route 1, and Opitz Boulevard, the center benefits from 5.5 million annual visits, ranking in the 97th percentile nationally.
  • Construction of a municipal park and ride garage adjacent to the center demonstrates continued government investment in the area and is expected to drive additional traffic upon its completion in mid-2024.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1075 Per Share for September

Retrieved on: 
Monday, August 21, 2023
Other Professional Services, Professional Services, Finance, AIB (NI), Uncertainty, New York Stock Exchange, ERISA, Interest, Investment, Federal, LIBOR, COVID-19, Infection, Stonebridge, Risk, Terrorism, Judgement, Internal Revenue Code, FTP, Hedge fund, Trust, Federal Reserve, London Interbank Bid Rate, Internal Revenue Code section 409A, FINRA, Fraud, NYSE, FTA, Bankruptcy, Life insurance, Security (finance), Financial adviser, Bank, Fund

First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1075 per share payable on September 15, 2023, to shareholders of record as of September 5, 2023.

Key Points: 
  • First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1075 per share payable on September 15, 2023, to shareholders of record as of September 5, 2023.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • The Fund seeks to achieve its investment objectives by investing in preferred and other income-producing securities.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

First Trust Intermediate Duration Preferred & Income Fund Declares its Monthly Common Share Distribution of $0.1075 Per Share for August

Retrieved on: 
Thursday, July 20, 2023
Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Loss, ERISA, Interest, Investment, LIBOR, COVID-19, Stonebridge, Infection, Risk, Terrorism, Judgement, Internal Revenue Code, FTP, Hedge fund, Trust, London Interbank Bid Rate, Internal Revenue Code section 409A, FINRA, Fraud, Fund, NYSE, FTA, Bankruptcy, Disease, Real estate, Pharmaceutical industry, Life insurance, Security (finance), Financial adviser, Bank

First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1075 per share payable on August 15, 2023, to shareholders of record as of August 2, 2023.

Key Points: 
  • First Trust Intermediate Duration Preferred & Income Fund (the "Fund") (NYSE: FPF) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.1075 per share payable on August 15, 2023, to shareholders of record as of August 2, 2023.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • The Fund seeks to achieve its investment objectives by investing in preferred and other income-producing securities.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.