Real estate industry
Apple Hospitality REIT, Inc. today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share, payable on July 15, 2025, to shareholders of record as of June 30, 2025. The annualized distribution of $0.96 per common share represents an annual yield
Grady, John
John Grady has been appointed executive director of ADISA, the nation's largest trade association for the alternative investments industry, succeeding John Harrison upon his retirement. Grady brings over three decades of investment management experience and has been a prominent leader within ADISA for many years. He has authored
Real estate investment trusts
Bluerock Total Income+ Real Estate Fund, one of the world's largest real estate interval funds, has announced a record 50th consecutive quarterly distribution of $0.3369 per share, or 1.3125% for the quarter, based on the share price of $25.67 (A-shares) for shareholders of record as
Mortgages
Dwight Capital and its affiliate REIT, Dwight Mortgage Trust, have closed a significant milestone in real estate financing, with a total of $475.5 million in transactions completed in May. The highlighted deals showcase the company's expertise in various real estate segments, including skilled nursing portfolios, luxury apartments,
Real estate industry
Granite Real Estate Investment Trust ("Granite") has announced that its board of trustees has declared a distribution of CDN $0.2833 per unit for the month of June 2025. The distribution will be paid by Granite on July 15, 2025, to unitholders of record at the close of
Cohen & Steers Inc.
Cohen & Steers, a leading global investment manager, has made a significant investment in Hudson Pacific Properties, a prominent West Coast office REIT, in support of the company's balance sheet recapitalization. This 43% stake purchase, totaling $300 million, reflects Cohen & Steers' confidence in the West Coast
Housing developers
K Raheja Corp, a prominent Mumbai-based real estate developer, is aggressively growing its residential property business with 30-40 projects underway in Mumbai and Pune across premium, luxury, and ultra-luxury segments. The company's focus is on expanding its residential portfolio, with Vinod Rohira, managing director and CEO, stating that
Real estate industry
The Leicester, England-based real estate investment trust, Custodian Property Income REIT PLC, has reported a positive financial year, with a significant improvement in its net asset value and earnings. The company's net asset value per share rose to 96.1 pence as at March 31, up 2.9%
Real estate investment trusts
Sabra Health Care REIT's Chair and Chief Executive Officer, Rick Matros, recently expressed appreciation for the company's outgoing Board member, Clifton J. Porter II, praising his five years of exemplary service to the organization. Porter, who has accepted a new role as President and CEO of
Real estate industry
Value & Indexed Property Income Trust PLC has released its financial results for the year ended March 31, showcasing a significant turnaround from last year's loss to a pretax profit of GBP8.3 million. The trust has also outperformed its benchmark index, with a total return of 9.
Real estate investment trusts
The Cleveland-based accounting firm, Cohen & Co, has welcomed eight new partners into its 2025 partnership class, representing a significant investment in growth and innovation. These exceptional professionals bring a wealth of experience and expertise in assurance and tax services, serving clients across various industries, including private equity, real estate,
Real estate industry
Four Corners Property Trust, a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties, has announced a significant leadership transition. John S. Moody, a 10-year veteran and Chair of the Board, has announced his decision not to stand for re-election at
