AREIT

KBRA Assigns Preliminary Ratings to AREIT 2023-CRE8

Retrieved on: 
Tuesday, August 1, 2023
Banking, Professional Services, Finance, KBRA, AREIT, CRE, Acquisition, Class, Security (finance), Telescopic sight

KBRA is pleased to announce the assignment of preliminary ratings to eight classes of AREIT 2023-CRE8, a $576.0 million fully ramped CRE CLO with limited loan acquisition ability.

Key Points: 
  • KBRA is pleased to announce the assignment of preliminary ratings to eight classes of AREIT 2023-CRE8, a $576.0 million fully ramped CRE CLO with limited loan acquisition ability.
  • Initially, the transaction is expected to be collateralized by 22 collateral interests.
  • Additionally, the transaction provides the sponsor with the flexibility to buy out defaulted and credit risk assets and effectuate certain modifications to performing loans.
  • This transaction also includes an interest coverage (IC) test and a par value (overcollateralization, or OC) test.

NAREIM Announces Jeff Barclay Fellows Class of 2022

Retrieved on: 
Tuesday, October 18, 2022
Commercial Building & Real Estate, Construction & Property, Professional Services, Finance, Zero, New York University Stern School of Business, Sidley Austin, AREIT, Specialization, Property technology, Partner, Architecture, University of Wisconsin–Madison, Hospital, Intelligence, MBA, Multimedia, Executive, Pei, University, Goldman Sachs, Columbia University, Learning, Wilber F. Breslin Center for Real Estate Studies, JD, Industry, Blockchain, MIT, Kennedy Wilson, Association, Mentorship, Real estate, Carbon, Massachusetts Institute of Technology, Travel, Center, Cooper Union, Parable of those who associate partners with God, Benchmarking, Property management, Interior design, Management, Commercial property, Northwestern, Science, Dialogue, New York University

NAREIM, the industry association dedicated to the business of real estate investment management, is pleased to announce its 2022-2023 class of Jeff Barclay Fellows.

Key Points: 
  • NAREIM, the industry association dedicated to the business of real estate investment management, is pleased to announce its 2022-2023 class of Jeff Barclay Fellows.
  • The class of 2022-2023 is the most talented group of Fellows yet, selected from the strongest and largest pool of nominations to date.
  • The five members of the 2022-2023 class of Jeff Barclay Fellows are:
    Annie Yan Bailey, Columbia University.
  • Named after the late Jeff Barclay, former NAREIM chairman, Managing Director and Head of Acquisition for Clarion Partners, and head of Goldman Sachs' real estate group, the NAREIM Jeff Barclay Fellows award affords a unique learning and networking opportunity to attend the Executive Officer Meeting as well as other NAREIM departmental meetings through the year, and the chance to be published in Dialogues magazine.

INOVUES Signs Contract to Install Its Retrofit Technology for CapitaLand Demonstration Project

Retrieved on: 
Tuesday, March 1, 2022
GHG, City, NEEA, AREIT, Cushman & Wakefield, Solution, Built environment, CapitaLand, National Genealogical Society, Glass, CEO, Sustainability, Trust, Technology, Creekside, CLI, GLOBE, Carbon, Renewable energy, Heating, ventilation, and air conditioning, Q2

Ms. Lynette Leong, Chief Sustainability Officer, CLI, said:"We look forward to having INOVUES on board as our sustainability partner.

Key Points: 
  • Ms. Lynette Leong, Chief Sustainability Officer, CLI, said:"We look forward to having INOVUES on board as our sustainability partner.
  • INOVUES will install its non-invasive insulating glass retrofits (IGRs) to transform existing windows into high-performing triple-glazed windows.
  • INOVUES' retrofit project at Creekside 5 received cash incentives, and it is supported by NEEA who will provide third-party measurement and verification (M&V) of the energy savings.
  • [2] CapitaLand Investment Limited, the real estate investment management business of CapitaLand Group, was listed on Singapore Exchange Securities Trading Limited on 20 September 2021.

Benefit Street Partners Realty Trust and Capstead Mortgage Corporation to Merge

Retrieved on: 
Monday, July 26, 2021
Professional services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Real estate investment trust, AREIT, Companies listed on the New York Stock Exchange, Capstead, Benefit Street Partners Realty Trust, Benefit Street Partners, Franklin Templeton, CAPSTEAD, BENEFIT STREET PARTNERS REALTY TRUST, BENEFIT STREET PARTNERS, FRANKLIN TEMPLETON

Benefit Street Partners Realty Trust, Inc. (BSPRT), a publicly-registered, non-listed real estate investment trust (REIT), and Capstead Mortgage Corporation (NYSE: CMO) (Capstead), a REIT, today announced they have entered into a definitive merger agreement.

Key Points: 
  • Benefit Street Partners Realty Trust, Inc. (BSPRT), a publicly-registered, non-listed real estate investment trust (REIT), and Capstead Mortgage Corporation (NYSE: CMO) (Capstead), a REIT, today announced they have entered into a definitive merger agreement.
  • The combined company, to be called Franklin BSP Realty Trust post-close, will transition the capital base of Capstead, a residential mortgage REIT, into commercial mortgage loans where BSPRT is focused.
  • Franklin BSP Realty Trust will be the 4th largest commercial mortgage REIT with nearly $2 billion of pro forma equity.
  • Benefit Street Partners Realty Trust, Inc. (BSPRT) is a publicly-registered, private real estate investment trust that originates, acquires and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States.

Wheeler Real Estate Investment Trust, Inc. Announces Commencement of Rights Offering

Retrieved on: 
Thursday, July 22, 2021
Real estate investment trust, AREIT

Wheeler Real Estate Investment Trust, Inc

Key Points: 
  • Wheeler Real Estate Investment Trust, Inc
    Wheeler Real Estate Investment Trust, Inc.
  • Announces Commencement of Rights Offering
    Wheeler Real Estate Investment Trust, Inc.
  • Announces Commencement of Rights Offering
    NEWS RELEASE BY WHEELER REAL ESTATE INVESTMENT TRUST, INC.
    Wheeler Real Estate Investment Trust, Inc. (the "Company") (NASDAQ: WHLR) today announced that it will commence its rights oering (the "rights oering") to eligible stockholders of the Company for the purchase of up to $30 million in aggregate principal amount of our 7.00% senior subordinated convertible notes due 2031 (the "Notes").
  • Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.

Wheeler Real Estate Investment Trust, Inc. Announces Commencement of Rights Offering

Retrieved on: 
Thursday, July 22, 2021
Real estate investment trust, AREIT

Wheeler Real Estate Investment Trust, Inc

Key Points: 
  • Wheeler Real Estate Investment Trust, Inc
    Wheeler Real Estate Investment Trust, Inc.
  • Announces Commencement of Rights Offering
    Wheeler Real Estate Investment Trust, Inc.
  • Announces Commencement of Rights Offering
    NEWS RELEASE BY WHEELER REAL ESTATE INVESTMENT TRUST, INC.
    Wheeler Real Estate Investment Trust, Inc. (the "Company") (NASDAQ: WHLR) today announced that it will commence its rights oering (the "rights oering") to eligible stockholders of the Company for the purchase of up to $30 million in aggregate principal amount of our 7.00% senior subordinated convertible notes due 2031 (the "Notes").
  • Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc. is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.

Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock

Retrieved on: 
Thursday, July 22, 2021
Commercial Building & Real Estate, Construction & Property, REIT, Finance, Financial markets, Corporate finance, Dividend, Investment trust, Share, Real estate investment trusts, Ex-dividend date, AREIT

Medalist Diversified REIT (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend on its common stock (the Common Stock) in the amount of $0.02 per share (the Dividend).

Key Points: 
  • Medalist Diversified REIT (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized, and the Company has declared, a quarterly cash dividend on its common stock (the Common Stock) in the amount of $0.02 per share (the Dividend).
  • In its decision, the Board of Directors considered a variety of factors, including the cash flow of the company.
  • The Q2 2021 Dividend will be payable in cash on August 5, 2021 to holders of record of the companys Common Stock as of August 2, 2021.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions.

AGNC Investment Corp. Awarded the 2021 Nareit Gold Investor CARE Award

Retrieved on: 
Thursday, June 24, 2021
National Association of Real Estate Investment Trusts, Real estate investment trust, Mortgage-backed security, AREIT

BETHESDA, Md., June 24, 2021 /PRNewswire/ --AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that it has received the 2021 Nareit Gold Investor CARE Award in the mortgage REIT category.

Key Points: 
  • BETHESDA, Md., June 24, 2021 /PRNewswire/ --AGNC Investment Corp. (Nasdaq: AGNC) ("AGNC" or the "Company") announced today that it has received the 2021 Nareit Gold Investor CARE Award in the mortgage REIT category.
  • "The 13th Annual Investor CARE Awards honor Nareit members that exemplify the traits of financial transparency and accessibility, hallmarks of the REIT industry," said Nareit President and CEO Steven A. Wechsler.
  • "The investor communications programs recognized by this year's awards embody these qualities, and we congratulate AGNC on its achievement."
  • AGNC Investment Corp. is an internally-managed real estate investment trust that invests primarily in residential mortgage-backed securities for which the principal and interest payments are guaranteed by a U.S.

Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend

Retrieved on: 
Wednesday, June 23, 2021
Commercial Building & Real Estate, Construction & Property, REIT, Financial markets, Finance, Financial economics, Dividend, Preferred stock, Real estate investment trusts, AREIT, Ex-dividend date

Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a dividend for the 2nd quarter of 2021 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the Series A Preferred Stock) in the amount of $0.5000 per share (the Series A Dividend).

Key Points: 
  • Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the Company or Medalist), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that its Board of Directors has authorized and the Company has declared a dividend for the 2nd quarter of 2021 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the Series A Preferred Stock) in the amount of $0.5000 per share (the Series A Dividend).
  • The Series A Dividend will be payable in cash on July 26, 2021 to holders of record of Series A Preferred Stock as of July 12, 2021.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions.
  • Medalist utilizes a rigorous, consistent and replicable process for sourcing and conducting due diligence of acquisitions.