REIT

Essex Announces Release and Conference Call Dates for Its Third Quarter 2021 Earnings

Retrieved on: 
Monday, October 4, 2021

Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its third quarter 2021 earnings after the market closes on Tuesday, October 26, 2021.

Key Points: 
  • Essex Property Trust, Inc. (NYSE:ESS) announced today that it plans to release its third quarter 2021 earnings after the market closes on Tuesday, October 26, 2021.
  • A conference call with senior management is scheduled for Wednesday, October 27, 2021 at 11:00 a.m. Pacific Time or 2:00 p.m. Eastern Time.
  • The third quarter conference call is open to everyone and can be accessed by:
    Internet: Go to www.essex.com ; click on Investors and the third quarter earnings webcast.
  • To access the replay online, go to www.essex.com and select Investors and the third quarter earnings webcast.

MAA Announces Date of Third Quarter 2021 Earnings Release, Conference Call

Retrieved on: 
Monday, October 4, 2021

GERMANTOWN, Tenn., Oct. 4, 2021 /PRNewswire/ -- MAA (NYSE: MAA)announced today that the company expects to release its third quarter 2021 results on Wednesday, October 27, 2021 after market close and will hold its third quarter conference call on Thursday, October 28, 2021 at 9:00 a.m. Central Time.

Key Points: 
  • GERMANTOWN, Tenn., Oct. 4, 2021 /PRNewswire/ -- MAA (NYSE: MAA)announced today that the company expects to release its third quarter 2021 results on Wednesday, October 27, 2021 after market close and will hold its third quarter conference call on Thursday, October 28, 2021 at 9:00 a.m. Central Time.
  • During the conference call, company officers will review third quarter performance and conduct a question-and-answer period.
  • The conference call-in number is (877) 830-2598 (Domestic) or +1 (785) 424-1877 (International).
  • A replay of the conference call will be available from October 28, 2021 through November 11, 2021 by dialing (800) 723-5154 (Domestic) or +1 (402) 220-2661 (International).

LPC West and Invesco Real Estate Close On 9-Story Building in the Heart of Seattle’s Flourishing Life Science Corridor

Retrieved on: 
Monday, October 4, 2021

LPC West, the West Coast arm of national real estate firm Lincoln Property Company, has joined with Invesco Real Estate to close on the Cascadian, a new nine-story office building in the center of Seattles flourishing life science corridor, one of the nations leading hubs in this fast-growing field.

Key Points: 
  • LPC West, the West Coast arm of national real estate firm Lincoln Property Company, has joined with Invesco Real Estate to close on the Cascadian, a new nine-story office building in the center of Seattles flourishing life science corridor, one of the nations leading hubs in this fast-growing field.
  • Cascadian delivers an impressive new building to one of the nations leading markets for research and innovation, said J.P. Harlow, senior vice president of LPC West.
  • We look forward to helping meet Seattles upward demand for modern, dynamic buildings that serve the life science sector.
  • Since launching our life science efforts in 2019, LPC West has been involved in over 4.5 million SF of transactions across all major life science markets in the west.

LPC West Expands Operations to Sacramento With New Hire; Company Selected by Cherng Family Trust to Manage 10-Building Office Portfolio

Retrieved on: 
Monday, October 4, 2021

LPC West, the West Coast arm of national real estate firm Lincoln Property Company, is expanding its operations to Sacramento.

Key Points: 
  • LPC West, the West Coast arm of national real estate firm Lincoln Property Company, is expanding its operations to Sacramento.
  • The California Capitol Collection is a high quality office portfolio in the Sacramento Area, said Kevin Yee, an acquisitions advisor for the Cherng Family Trust.
  • We are thrilled to be selected by the Cherng Family Trust to manage this high-quality portfolio of assets across the Sacramento region, said Brandon Wang, Executive Vice President overseeing Northern California for LPC West.
  • The Cherng Family Trust selected LPC West to manage ten buildings within the California Capitol Collection, nine of which are located in Sacramento, West Sacramento, Rancho Cordova and Gold River.

Cushman & Wakefield Acquires the South Carolina Operations of Its Long-Time Alliance Member Morton G. Thalhimer, Inc.

Retrieved on: 
Monday, October 4, 2021

Cushman & Wakefield (NYSE: CWK) announced the firm has acquired the South Carolina operations of its long-time alliance member Morton G. Thalhimer, Inc., including three offices located in Charleston, Greenville and Columbia.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK) announced the firm has acquired the South Carolina operations of its long-time alliance member Morton G. Thalhimer, Inc., including three offices located in Charleston, Greenville and Columbia.
  • Operating as a unified team, Cushman & Wakefield and alliance member firms integrate the strength of local talent, relationships and market intelligence with the full capacity of Cushman & Wakefields resources and platform.
  • We are thrilled to have Thalhimers South Carolina operations join Cushman & Wakefield as we share the same values of teamwork, integrity and exceptional client service, said John ONeill, President of the Central Region for Cushman & Wakefield.
  • Transitioning Thalhimers South Carolina operations to Cushman & Wakefield is a win-win scenario for our associates and our clients.

TSB Realty Closes Sale of Villas on Rio, New Ultra-Luxury Student Housing Property Near the University of Texas at Austin

Retrieved on: 
Monday, October 4, 2021

TSB Realty, LLC successfully completed the sale of Villas on Rio, a 279-unit, 858-bedroom ultra-luxury student housing community located near the University of Texas in Austins popular West Campus neighborhood.

Key Points: 
  • TSB Realty, LLC successfully completed the sale of Villas on Rio, a 279-unit, 858-bedroom ultra-luxury student housing community located near the University of Texas in Austins popular West Campus neighborhood.
  • An affiliate of Blue Vista Capital Management, LLC (Blue Vista) purchased the property from Villas Student Housing.
  • Villas on Rio is the culmination of almost three years of creative planning by our team, said Brad Zucker, CEO of Villas Student Housing.
  • Villas Student Housing, based in Austin, Texas, has developed seven student housing projects under The Villas brand and is poised to begin a broader expansion into new major markets.

Terreno Realty Corporation Acquires Property in Woodinville, WA for $23.6 Million

Retrieved on: 
Monday, October 4, 2021

Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Woodinville, Washington on October 1, 2021 for a purchase price of approximately $23.6 million.

Key Points: 
  • Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property located in Woodinville, Washington on October 1, 2021 for a purchase price of approximately $23.6 million.
  • The property consists of one industrial distribution building containing approximately 84,000 square feet on 5.1 acres.
  • The property is at 16224-16240 Woodinville Redmond Road, southeast of the intersection of I-405 and SR 522, provides 16 dock-high and three grade-level loading positions and parking for 139 cars.
  • Terreno Realty Corporation acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, D.C.

Allen Matkins Continues its Lateral Hiring Push by Welcoming Environmental Litigation Partner Shawn T. Cobb to its San Diego Office

Retrieved on: 
Monday, October 4, 2021

Allen Matkins , a California-based, full-service real estate and business law firm, announced today the addition of environmental litigation partner Shawn T. Cobb to its San Diego office.

Key Points: 
  • Allen Matkins , a California-based, full-service real estate and business law firm, announced today the addition of environmental litigation partner Shawn T. Cobb to its San Diego office.
  • Shawns clients come from a broad range of industries including real estate, clean energy, aerospace and defense, manufacturing, and financial services.
  • His broad environmental experience and trial work also helps to strengthen our already-strong team of talented environmental and land use lawyers.
  • Shawn is the fifth partner Allen Matkins has hired in previous months, in addition to 35 other hires since January 2020.

Form 8.3 - The Vanguard Group, Inc.: Custodian REIT plc

Retrieved on: 
Monday, October 4, 2021

Form 8.3 - The Vanguard Group, Inc.: Custodian REIT plc

Key Points: 
  • Form 8.3 - The Vanguard Group, Inc.: Custodian REIT plc
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • (a) Full name of discloser:
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient.
  • For a trust, the trustee(s), settlor and beneficiaries must be named.

Concerned Shareholders of Rocky Mountain Comment on Dubiously Timed Board Decision to Rescind Poison Pill on Eve of Annual Meeting

Retrieved on: 
Monday, October 4, 2021

The Concerned Shareholders of Rocky Mountain note that until now, the Board had consistently decided to keep this poison pill on its books every day for the past 22+ years.

Key Points: 
  • The Concerned Shareholders of Rocky Mountain note that until now, the Board had consistently decided to keep this poison pill on its books every day for the past 22+ years.
  • With the contested election at the 2021 Annual Meeting looming, the Concerned Shareholders of Rocky Mountain do not believe the Boards sudden, convenient change of heart to be an authentic demonstration of proper corporate governance.
  • The Concerned Shareholders of Rocky Mountain also noticed that the Companys furtive Saturday night announcement noticeably lacked any commitment from the Board preventing it from unilaterally adopting another unjustifiable long-term pill following the 2021 Annual Meeting.
  • Prior to rescinding the poison pill Saturday evening, the Board had refused to even acknowledge the Concerned Shareholders of Rocky Mountains Poison Pill Redemption Proposal in the Companys proxy statement.