REIT

Omega Announces Increase in Quarterly Common Stock Dividend and Schedules Third Quarter Earnings Release Date and Conference Call

Monday, October 14, 2019 - 9:35pm

Omega Healthcare Investors, Inc. (NYSE:OHI) today announced that the Companys Board of Directors declared a common stock dividend of $0.67 per share, increasing the quarterly common dividend by $0.01 per share over the previous quarter.

Key Points: 
  • Omega Healthcare Investors, Inc. (NYSE:OHI) today announced that the Companys Board of Directors declared a common stock dividend of $0.67 per share, increasing the quarterly common dividend by $0.01 per share over the previous quarter.
  • The common stock dividend is payable Friday, November 15, 2019 to common stockholders of record as of the close of business on Thursday, October 31, 2019.
  • Omega also announced today that it is scheduled to release its earnings results for the quarter ended September 30, 2019, on Tuesday, November 5, 2019 after market close.
  • In conjunction with its release, Omega will be conducting a conference call on Wednesday, November 6, 2019 at 10 a.m. Eastern Time to review its 2019 third quarter results and current developments.

American Campus Communities Provides Interim Update

Monday, October 14, 2019 - 9:15pm

Executing on the anticipated dispositions at these levels is currently our most attractive source of external capital, said William Talbot, American Campus Communities CIO.

Key Points: 
  • Executing on the anticipated dispositions at these levels is currently our most attractive source of external capital, said William Talbot, American Campus Communities CIO.
  • American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States.
  • As of June 30, 2019, American Campus Communities owned 169 student housing properties containing approximately 108,800 beds.
  • These statements are based on managements current expectations and assumptions regarding markets in which American Campus Communities, Inc. (the Company) operates, operational strategies, anticipated events and trends, the economy, and other future conditions.

CoreSite Issues 2018 Corporate Sustainability Report 

Monday, October 14, 2019 - 9:15pm

CoreSite Realty Corporation (NYSE:COR), (the Company) a premier provider of secure, reliable, high-performance data center and interconnection solutions in major U.S. metropolitan areas, today announced it has issued its 2018 Corporate Sustainability Report Another year into our journey , which is posted on the Companys website.

Key Points: 
  • CoreSite Realty Corporation (NYSE:COR), (the Company) a premier provider of secure, reliable, high-performance data center and interconnection solutions in major U.S. metropolitan areas, today announced it has issued its 2018 Corporate Sustainability Report Another year into our journey , which is posted on the Companys website.
  • Since 2001, CoreSite has been committed to best-in-class customer experience and value, an engaging, attractive and diverse employment environment, and practices that help our customer communities thrive sustainably, In our second Corporate Sustainability Report, we summarize our ongoing journey of being a responsible steward of our business for all our stakeholders.
  • Below are a few 2018 highlights from the 2018 Corporate Sustainability Report.
  • CoreSite seeks the least carbon-intensive generation sources consistent with its customers economic goals and options permitted in its markets.

Griffin Capital Essential Asset® REIT Sells Industrial Building in West Jefferson, Ohio for $30.3 Million

Monday, October 14, 2019 - 1:00pm

Griffin Capital Essential Asset REIT, Inc. (the REIT) announced the sale of a 160,410 square foot, Class A, truck terminal located at 10 Commerce Parkway, West Jefferson, Ohio (Property) for $30.3 million.

Key Points: 
  • Griffin Capital Essential Asset REIT, Inc. (the REIT) announced the sale of a 160,410 square foot, Class A, truck terminal located at 10 Commerce Parkway, West Jefferson, Ohio (Property) for $30.3 million.
  • View the full release here: https://www.businesswire.com/news/home/20191014005160/en/
    Griffin Capital Essential Asset REIT Sells Industrial Building in West Jefferson, Ohio for $30.3 Million (Photo: Business Wire)
    Michael Escalante, Griffin Capital Essential Asset REIT, Inc.'s Chief Executive Officer, said, Well located, state-of-the-art logistics assets like 10 Commerce Highway continue to be highly sought after in the current industrial market.
  • Griffin Capital Essential Asset REIT, Inc., is a self-managed, publicly registered, non-listed Real Estate Investment Trust (REIT) that reports its Net Asset Value (NAV) daily.
  • Griffin Capital Securities, LLC, Member FINRA/SIPC, is the dealer manager for Griffin Capital Essential Asset REIT.

Colony Capital, Inc. Announces Third Quarter 2019 Earnings Release and Conference Call Date

Monday, October 14, 2019 - 2:00pm

Colony Capital, Inc. (Colony Capital or the Company) (NYSE:CLNY) today announced it will release third quarter 2019 financial results before the market opens on Friday, November 8, 2019.

Key Points: 
  • Colony Capital, Inc. (Colony Capital or the Company) (NYSE:CLNY) today announced it will release third quarter 2019 financial results before the market opens on Friday, November 8, 2019.
  • The Company will conduct a conference call to discuss the results the same day at 7:00 a.m. PT / 10:00 a.m.
  • To participate in the event by telephone, please dial (877) 407-4018 ten minutes prior to the start time (to allow time for registration).
  • For those unable to participate during the live call, a replay will be available starting November 8, 2019, at 10:00 a.m. PT / 1:00 p.m.

CIM Group Acquires 2,468,390 Shares of CIM Commercial Trust

Monday, October 14, 2019 - 1:00pm

CIM Commercial Trust Corporation (Nasdaq: CMCT and TASE: CMCT-L)(CMCT or CIM Commercial Trust) announced today that it has been notified that an affiliate of CIM Group has acquired 2,468,390 shares of common stock of CMCT for $19.1685 per share in a private transaction.

Key Points: 
  • CIM Commercial Trust Corporation (Nasdaq: CMCT and TASE: CMCT-L)(CMCT or CIM Commercial Trust) announced today that it has been notified that an affiliate of CIM Group has acquired 2,468,390 shares of common stock of CMCT for $19.1685 per share in a private transaction.
  • Following this purchase, CIM Group, its affiliates, and officers and directors of CMCT have an aggregate economic interest in approximately 19% of the outstanding shares of CMCT common stock.
  • CIM Commercial Trust is a real estate investment trust that primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States.
  • CIM Commercial Trust is operated by affiliates of CIM Group, L.P., a vertically-integrated owner and operator of real assets with multi-disciplinary expertise and in-house research, acquisition, credit analysis, development, financing, leasing, and onsite property management capabilities.

CoreSite Celebrates VA3 Data Center Grand Opening

Monday, October 14, 2019 - 12:00pm

CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center and interconnection solutions to a growing customer ecosystem across eight key North American markets.

Key Points: 
  • CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center and interconnection solutions to a growing customer ecosystem across eight key North American markets.
  • More than 1,350 of the worlds leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads.
  • Our scalable, flexible solutions and 450+ dedicated employees consistently deliver unmatched data center options all of which leads to a best-in-class customer experience and lasting relationships.
  • All forward-looking statements reflect the Companys good faith beliefs, assumptions and expectations, but they are not guarantees of future performance.

FCPT Announces Acquisition of an Additional Krystal Restaurant Property for $1.4 Million

Friday, October 11, 2019 - 9:05pm

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 corporate-operated Krystal restaurant property for $1.4 million via a sale and 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 corporate-operated Krystal restaurant property for $1.4 million via a sale and leaseback transaction.
  • The property is located in Alabama and is occupied under a triple-net lease with a fifteen-year term.
  • FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the acquisition and leasing of restaurant properties.
  • The Company seeks to grow its portfolio by acquiring additional real estate to lease for use in the restaurant and retail industries.

Dynex Capital, Inc. Declares Monthly Common Stock Dividend

Friday, October 11, 2019 - 9:01pm

Dynex Capital, Inc. (NYSE: DX) announced today the Companys Board of Directors has declared a cash dividend of $0.15 per common share for October 2019.

Key Points: 
  • Dynex Capital, Inc. (NYSE: DX) announced today the Companys Board of Directors has declared a cash dividend of $0.15 per common share for October 2019.
  • The dividend is payable on November 1, 2019 to shareholders of record on October 21, 2019.
  • Dynex Capital, Inc. is an internally managed real estate investment trust, or REIT, which invests in mortgage assets on a leveraged basis.
  • Additional information about Dynex Capital, Inc. is available at www.dynexcapital.com .

Equity Commonwealth Declares Series D Preferred Dividend

Friday, October 11, 2019 - 9:10pm

Equity Commonwealth (NYSE: EQC) announced today that its Board of Trustees declared a dividend on the companys Series D Preferred Shares.

Key Points: 
  • Equity Commonwealth (NYSE: EQC) announced today that its Board of Trustees declared a dividend on the companys Series D Preferred Shares.
  • A quarterly dividend of $0.40625 per Series D Preferred Share will be paid on November 15, 2019 to shareholders of record on October 31, 2019 for the period from August 15, 2019 through November 14, 2019.
  • Equity Commonwealth (NYSE: EQC) is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States.
  • Equity Commonwealth assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.