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  • Regency Centers Declares Quarterly Cash Dividend on Preferred Stock

    Source: Business Wire
    Fri, 02 Jun 2017 08:45:00 EDT
    JACKSONVILLE, Fla.--(BUSINESS WIRE)-- Regency Centers Corporation (the “Company”) (NYSE: REG) announced today that its Board of Directors declared a quarterly cash dividend of $0.3750 per share on the Company’s Series 7 Preferred Stock (CUSIP: 758849806; NYSE: REGPrG), payable on June 30, 2017 to shareholders of record on June 14, 2017. About Regency Centers Corporation Regency is the ...
  • DiamondRock Announces Second Quarter Dividend of $0.125 Per Share

    Source: PR Newswire
    Fri, 02 Jun 2017 08:35:00 EDT
    BETHESDA, Md., June 2, 2017 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) announced today that its Board of Directors declared a quarterly dividend of $0.125 per share to stockholders of record as of June 30, 2017. The dividend will be paid on July 12, 2017. About the Company DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) ...
  • Carey Watermark Investors 2 Acquires the Charlotte Marriott City Center

    Source: PR Newswire
    Fri, 02 Jun 2017 07:30:00 EDT
    NEW YORK, June 2, 2017 /PRNewswire/ -- Carey Watermark Investors 2 Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired the Charlotte Marriott City Center, located in Uptown, Charlotte's central business district (CBD). Key Facts Newly renovated, high-quality asset: Over $40 million ...
  • Douglas Emmett Declares Quarterly Cash Dividend

    Source: PR Newswire
    Thu, 01 Jun 2017 19:26:00 EDT
    SANTA MONICA, Calif., June 1, 2017 /PRNewswire/ -- Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced today that its Board of Directors has declared a quarterly cash dividend on each share of its common stock of $0.23, or $0.92 on an annualized basis. The dividend will be paid on July 14, 2017 to shareholders of record as of June 30, 2017. About Douglas Emmett, ...
  • Alexander's Completes $500 Million Refinancing of 731 Lexington Avenue Office Condominium Realizing $188 Million of Net Proceeds

    Source: Marketwired
    Thu, 01 Jun 2017 19:17:00 EDT
    PARAMUS, NJ -- (Marketwired) -- 06/01/17 -- ALEXANDER'S, INC. (NYSE: ALX) announced today that it has completed a $500 million refinancing of the office portion of 731 Lexington Avenue. The interest-only loan is at LIBOR plus 0.90%, currently 1.95%, and matures in June 2024, as extended. The Company realized net proceeds of approximately $188 million after repaying the existing $300 million ...
  • Park Hotels & Resorts Inc. Announces Secondary Offering of 15,000,000 Shares of Common Stock

    Source: Business Wire
    Thu, 01 Jun 2017 16:46:00 EDT
    MCLEAN, Va.--(BUSINESS WIRE)-- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that certain selling stockholders (the “Selling Stockholders”) affiliated with The Blackstone Group L.P. have commenced a secondary offering of 15,000,000 shares of Park’s common stock. Park is not offering any shares of common stock in the offering and will not receive any proceeds ...
  • Summit Hotel Properties Completes Acquisition of Courtyard by Marriott Fort Lauderdale

    Source: PR Newswire
    Thu, 01 Jun 2017 16:40:00 EDT
    AUSTIN, Texas, June 1, 2017 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company") announced today that on May 23, 2017, it completed the previously announced acquisition of the 261-guestroom Courtyard by Marriott Fort Lauderdale (the "Hotel"), which includes a 0.8 acre vacant land parcel and 6,200 square feet of high-quality retail space, for a total purchase price of $85.0 ...
  • PREIT Declares Quarterly Dividend for Common and Preferred Shares

    Source: PR Newswire
    Thu, 01 Jun 2017 16:30:00 EDT
    PHILADELPHIA, June 1, 2017 /PRNewswire/ -- Pennsylvania Real Estate Investment Trust (NYSE: PEI) announced that its Board of Trustees has declared a quarterly cash dividend of $0.21 per common share. The dividend is payable on September 15, 2017 to common shareholders of record on September 1, 2017. The September 15th dividend payment will be the Company's 162nd consecutive distribution since ...
  • MAA Announces Regular Quarterly Preferred Dividend

    Source: PR Newswire
    Thu, 01 Jun 2017 16:20:00 EDT
    MEMPHIS, Tenn., June 1, 2017 /PRNewswire/ -- MAA (NYSE: MAA) today announced a full quarterly dividend of $1.0625 per outstanding share of its 8.50% Series I Cumulative Redeemable Preferred Stock. The dividend is payable on June 30, 2017 to shareholders of record on June 15, 2017. About MAAMAA is a self-administered real estate investment trust (REIT) and member of the S&P 500 index. MAA ...
  • Gladstone Land Acquires Farms in Arizona for $27.5 Million

    Source: GlobeNewswire
    Thu, 01 Jun 2017 16:17:00 EDT
    MCLEAN, Va., June 01, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (“Gladstone Land” or the “Company”) announced today that it has acquired four farms totaling 3,253 gross acres and 3,032 irrigated acres (a portion of which is organic) in southwestern Arizona for $27.5 million. Approximately 1,221 of the irrigated acres are subject to leases with the State of Arizona. Upon ...
  • Easterly Government Properties Completes $175 Million Private Placement of Senior Unsecured Notes

    Source: Business Wire
    Wed, 31 May 2017 09:00:00 EDT
    WASHINGTON--(BUSINESS WIRE)-- Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies, announced today that it has completed a private placement of $175 million principal amount of fixed rate ...
  • Taubman Reminds Shareholders of the June 1st Annual Meeting Date

    Source: Business Wire
    Wed, 31 May 2017 09:00:00 EDT
    Urges Shareholders to Vote “FOR” Taubman Centers’ Highly Qualified Director Nominees on the WHITE Proxy Card Today BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)-- Taubman Centers, Inc. (NYSE: TCO) (the “Company”) urges shareholders to vote “FOR” all three of the Company’s experienced and highly qualified director nominees on the WHITE proxy card TODAY. Shareholders can vote online or by telephone ...
  • QTS to Host Investor Day on November 13, 2017 in Fort Worth, Texas

    Source: PR Newswire
    Wed, 31 May 2017 09:00:00 EDT
    OVERLAND PARK, Kan., May 31, 2017 /PRNewswire/ -- QTS Realty Trust (NYSE: QTS), an international provider of data center, managed hosting and cloud services, today announced that it will host an Investor Day for institutional investors and sell-side analysts at its newly-acquired, state-of-the-art data center in Fort Worth, TX. The investor meeting is scheduled to take place on November 13, ...
  • CyrusOne Forms Strategic Alliance with CSRA to Modernize Federal IT Systems

    Source: Business Wire
    Wed, 31 May 2017 08:00:00 EDT
    Partnership provides CSRA’s government customers with CyrusOne’s state-of-the-art data center space and power DALLAS--(BUSINESS WIRE)-- CyrusOne (NASDAQ: CONE), a premier global data center Real Estate Investment Trust (REIT), announced today it has established a strategic alliance with CSRA, a leading provider of IT solutions for government agencies and programs. As part of the alliance ...
  • Home BancShares Set to Join S&P MidCap 400 and Chatham Lodging Trust to Join S&P SmallCap 600

    Source: PR Newswire
    Tue, 30 May 2017 17:59:00 EDT
    NEW YORK, May 30, 2017 /PRNewswire/ -- S&P SmallCap 600 constituent Home BancShares Inc. (NASD: HOMB) will replace Valspar Corp. (NYSE: VAL) in the S&P MidCap 400, and Chatham Lodging Trust (NYSE: CLDT) will replace Home BancShares in the S&P SmallCap 600 effective prior to the open on Friday, June 2. S&P 500 constituent The Sherwin-Williams Co. (NYSE: SHW) is acquiring Valspar in a deal ...
  • EastGroup Properties Announces Recent Business Activity

    Source: PR Newswire
    Tue, 30 May 2017 17:09:00 EDT
    JACKSON, Miss., May 30, 2017 /PRNewswire/ -- EastGroup Properties (NYSE: EGP) announced today its recent business activity. PERSONNEL Two new executive officers recently joined the Company to serve as Senior Vice Presidents over the Texas and Western regions, both of whom assumed their new positions in late May. Reid Dunbar, formerly a Senior Vice President with Prologis, assumed the role of ...
  • MVP REIT and MVP REIT II Announce Definitive Merger Agreement

    Source: PR Newswire
    Tue, 30 May 2017 17:00:00 EDT
    LAS VEGAS, May 30, 2017 /PRNewswire/ -- MVP REIT, Inc. and MVP REIT II, Inc. announced today that they have entered into a definitive merger agreement, pursuant to which MVP I will merge with and into a wholly-owned merger subsidiary of MVP II with the merger subsidiary continuing as the surviving entity. The merger agreement was negotiated on behalf of MVP I by an independent special ...
  • Hines and Cousins Sign Lease With Crown Castle at 8000 Avalon in Atlanta, Georgia

    Source: PR Newswire
    Tue, 30 May 2017 16:30:00 EDT
    ATLANTA, May 30, 2017 /PRNewswire/ -- Hines, the international real estate firm, and Cousins Properties (NYSE: CUZ), the Atlanta-based REIT, announced today that Crown Castle, the nation's largest provider of shared wireless infrastructure, has signed a 55,622 square-foot lease at 8000 Avalon, a 224,000 square foot Class A office development in Atlanta, GA. "We are excited to have Crown Castle ...
  • One Liberty Properties Increases Industrial Property Ownership With An $8.7 Million Acquisition

    Source: Marketwired
    Tue, 30 May 2017 16:15:00 EDT
    GREAT NECK, NY -- (Marketwired) -- 05/30/17 -- One Liberty Properties, Inc. (NYSE: OLP), announced that it acquired a 78,319 square foot light manufacturing and distribution property on 18.58 acres located in the Huntersville suburb of Charlotte, North Carolina for $8.7 million, including $5.2 million of mortgage debt obtained in connection with the acquisition. The mortgage debt matures in ...
  • Apollo Commercial Real Estate Finance, Inc. Announces Public Offering of Common Stock

    Source: Business Wire
    Tue, 30 May 2017 16:08:00 EDT
    NEW YORK--(BUSINESS WIRE)-- Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Company has commenced an underwritten public offering of 12,000,000 shares of common stock. The Company expects to grant the underwriters a 30-day option to purchase up to 1,800,000 additional shares of common stock. ARI intends to use all or a portion of the net proceeds from ...
  • Extra Space Storage Inc. Celebrates 40 years in the Storage Industry

    Source: PR Newswire
    Tue, 30 May 2017 16:01:00 EDT
    SALT LAKE CITY, May 30, 2017 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) is celebrating its 40th anniversary in the storage industry. Founder, Ken Woolley, constructed his first property in Billings, MT in May of 1977 after becoming interested in the business through a research project as a graduate student at Stanford University. Since that time, the company has gone ...
  • Broadstone Net Lease Acquires 25 Bob Evans Restaurant Properties for $48.9 Million

    Source: GlobeNewswire
    Tue, 30 May 2017 14:45:00 EDT
    ROCHESTER, N.Y., May 30, 2017 (GLOBE NEWSWIRE) -- Broadstone Net Lease, Inc. (BNL), a private real estate investment trust (REIT) managed by Broadstone Real Estate, LLC (Broadstone), continues to grow its national portfolio of triple-net leased commercial properties. Today, BNL announced the sale leaseback acquisition of a portfolio of 25 Bob Evans Restaurant locations in eight states, for a ...
  • Gaming and Leisure Properties Expands Board With Appointment of Barry F. Schwartz

    Source: GlobeNewswire
    Tue, 23 May 2017 08:00:00 EDT
    WYOMISSING, Pa., May 23, 2017 (GLOBE NEWSWIRE) -- Gaming and Leisure Properties, Inc. (NASDAQ:GLPI) (“GLPI” or the “Company”) today announced that it has appointed Barry F. Schwartz to its Board of Directors, (“Board”) as an independent director. The appointment is effective immediately, subject to receipt of customary regulatory approvals. With the addition of Mr. Schwartz, the Board expands ...
  • PennyMac Mortgage Investment Trust Announces Preferred Share Dividend

    Source: Business Wire
    Mon, 22 May 2017 17:28:00 EDT
    WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that its Board of Trustees, in accordance with the terms of PMT’s 8.125 Percent Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares (“Series A Preferred Shares”), declared a Series A Preferred Share dividend of $0.54167 per share for the second quarter of 2017. The ...
  • Griffin Capital Essential Asset REIT Reports First Quarter 2017 Results

    Source: GlobeNewswire
    Mon, 22 May 2017 17:24:00 EDT
    EL SEGUNDO, Calif., May 22, 2017 (GLOBE NEWSWIRE) -- Griffin Capital Essential Asset REIT, Inc. (the “REIT”) announced its operating results for the quarter ended March 31, 2017. As of March 31, 2017, the REIT’s portfolio consisted of 75(1) assets encompassing approximately 18.8 million(1) square feet of space in 20 states with a total acquisition value of $3.0 billion(1). Michael Escalante, ...
  • Extra Space Storage Inc. Announces 2nd Quarter 2017 Dividend

    Source: PR Newswire
    Mon, 22 May 2017 16:15:00 EDT
    SALT LAKE CITY, May 22, 2017 /PRNewswire/ -- Extra Space Storage Inc. (the "Company") (NYSE: EXR) announced today that the Company's board of directors has declared a quarterly dividend of $0.78 per share on the common stock of the Company for the second quarter 2017. The dividend is payable on June 30, 2017 to stockholders of record at the close of business on June 15, 2017. About Extra Space ...
  • Wheeler Real Estate Investment Trust, Inc. Updates 2017 Guidance and Declares Second Quarter Dividend

    Source: GlobeNewswire
    Mon, 22 May 2017 15:15:00 EDT
    VIRGINIA BEACH, Va., May 22, 2017 (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on acquiring and managing income-producing retail properties with a primary focus on grocery-anchored centers, announced today the second quarter 2017 cash dividend rate of ...
  • Mack-Cali Announces Lease With 24 Hour Fitness In Hanover, NJ

    Source: PR Newswire
    Mon, 22 May 2017 13:48:00 EDT
    JERSEY CITY, N.J., May 22, 2017 /PRNewswire/ -- Mack-Cali Realty Corporation (NYSE: CLI) today announced it has signed a lease with 24 Hour Fitness at the Company's shopping center at the intersection of Sylvan Way and Ridgedale Avenue in Hanover, New Jersey. 24 Hour Fitness will join anchor tenant Wegmans and will occupy approximately 40,000 square feet. Headquartered in San Ramon, Calif., 24 ...
  • Chesapeake Lodging Trust Announces Redemption of 7.75% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest

    Source: Business Wire
    Mon, 22 May 2017 09:00:00 EDT
    ARLINGTON, Va.--(BUSINESS WIRE)-- Chesapeake Lodging Trust (NYSE:CHSP) (the “Trust”), today notified holders of record (the “Notice of Redemption”) of the Trust’s 7.75% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest (the “Series A Preferred Shares”) of the redemption of all of the issued and outstanding Series A Preferred Shares. The cash redemption amount (the ...
  • Ramco-Gershenson Properties Trust Announces Second Quarter 2017 Common and Preferred Share Dividends

    Source: GlobeNewswire
    Wed, 17 May 2017 08:30:00 EDT
    FARMINGTON HILLS, Mich., May 17, 2017 (GLOBE NEWSWIRE) -- Ramco-Gershenson Properties Trust (NYSE:RPT) (the “Company”) today announced that its Board of Trustees declared a regular second quarter cash dividend of $0.22 per common share. The Board also approved a second quarter Series D convertible perpetual preferred share dividend of $0.90625 per share. The dividends, for the period April 1 ...
  • Landmark Infrastructure Partners LP Announces Record Date and Meeting Date for Special Meeting for Proposed Change to Legal Structure

    Source: GlobeNewswire
    Wed, 17 May 2017 07:00:00 EDT
    EL SEGUNDO, Calif., May 17, 2017 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (the “Partnership”) (NASDAQ:LMRK) today announced that it will hold a special meeting of unitholders on July 20, 2017, and has established a record date of May 23, 2017 for the meeting. At the special meeting, which will be held at 10:00 a.m. Pacific Time at the corporate offices of the Partnership, at ...
  • Digital Realty Announces Grand Opening Of First Japanese Data Centre, "Digital Osaka 1"

    Source: PR Newswire
    Wed, 17 May 2017 01:30:00 EDT
    SINGAPORE, May 17, 2017 /PRNewswire/ -- Digital Realty, a leading global provider of data centre, colocation and interconnection solutions, announced today the official opening of Digital Osaka 1, its first data centre in Japan. The new facility spans approximately 93,000 square feet and provides 7.6 megawatts of IT capacity. Digital Osaka 1's robust power architecture enables the company to ...
  • RPAI Signs Ulta Beauty Lease At Huebner Oaks

    Source: PR Newswire
    Tue, 16 May 2017 18:00:00 EDT
    OAK BROOK, Ill., May 16, 2017 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE:RPAI) announced today that Ulta Beauty signed a new lease at Huebner Oaks, a 287,000 square foot lifestyle center located in San Antonio, Texas. Ulta Beauty will be joining Victoria's Secret, Bath & Body Works, Chico's, Gap, REI, Old Navy and other national retailers at this 99% leased center. Ulta Beauty is ...
  • EPR Properties Prices $450 Million of 4.500% Senior Notes due 2027

    Source: Business Wire
    Tue, 16 May 2017 16:58:00 EDT
    KANSAS CITY, Mo.--(BUSINESS WIRE)-- EPR Properties (NYSE:EPR) (the "Company") announced today that it has priced an underwritten public offering of $450 million of 4.500% Senior Notes due 2027. The notes will be guaranteed by certain of the Company's subsidiaries. The offering is expected to close on May 23, 2017, subject to customary closing conditions. Merrill Lynch, Pierce, Fenner & Smith ...
  • Griffin-American Healthcare REIT IV Reports First Quarter 2017 Results

    Source: PR Newswire
    Tue, 16 May 2017 16:01:00 EDT
    IRVINE, Calif., May 16, 2017 /PRNewswire/ -- Griffin-American Healthcare REIT IV, Inc. today announced operating results for the company's first quarter ended March 31, 2017. "During the first quarter, Griffin-American Healthcare REIT IV expanded its portfolio by more than 50 percent with the completion of acquisitions totaling approximately $73.6 million,1" said Jeff Hanson, chairman and ...

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