Presidio Property Trust Declares Third-Quarter 2021 Dividend

August 25, 2021 8:30 AM

SAN DIEGO, CA / ACCESSWIRE / August 25, 2021 / (NASDAQ:SQFT)(NASDAQ:SQFTP) Presidio Property Trust, Inc. ("Presidio" or the "Company"), an internally managed, diversified real estate investment trust ("REIT"), today announced that its Board of Directors ofPresidio Property Trust, Inc. has declared a cash dividend of $0.103 per share on its Series A Common Stock for the third quarter of 2021. This is the third consecutive quarterly dividend...

Read more

HALO Raises $450m to Help Single-Family Renters Become Homeowners

August 25, 2021 8:00 AM

ESSEX VILLAGE, CT / ACCESSWIRE / August 25, 2021 / HALO, the Home Access Lease Opportunity, and Churchill Real Estate announced today a $450m funding facility to expand HALO's SFR2O™ (Single-Family Rent-to-Own) platform across the U.S. The funding round includes new equity from existing HALO investors and new debt from Churchill Real Estate."Having spent five years building what has become the most successful residential Rent-to-Own...

Read more

Gladstone Land Acquires Nut Orchard and Option to Purchase Stored Water in California

August 24, 2021 8:45 AM

MCLEAN, VA / ACCESSWIRE / August 24, 2021 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land") announced that it has acquired 479 gross acres of farmland, including approximately 460 planted acres of almonds, located in Kern County, California, and 5,000 acre-feet of stored water (equal to approximately 1.6 billion gallons) located within the Semitropic Water Storage District water bank for a total of approximately $14.8 million. In...

Read more

Gladstone Commercial Announces $4.7 Million Industrial Acquisition in Peru, IL

August 23, 2021 4:15 PM

McLEAN, VA / ACCESSWIRE / August 23, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial") acquired an 81,760 square foot industrial facility on 4.1 acres in Peru, Illinois for $4.7 million on August 20, 2021.The initial capitalization rate for the acquisition was 6.9% with an average capitalization rate of 7.6%. The property is Gladstone Commercial's second industrial acquisition in the greater Chicagoland area.The...

Read more

Presidio Property Trust Completes Extension of Line of Credit

August 20, 2021 8:30 AM

SAN DIEGO, CA / ACCESSWIRE / August 20, 2021 / (NASDAQ:SQFT; SQFTP) Presidio Property Trust, Inc. ("Presidio" or the "Company"), an internally managed, diversified real estate investment trust ("REIT"), today announced that it has closed on an amendment to its guidance line of credit (as amended, "the facility").The amendment provides for up to $30 million in funding for model home acquisitions, subject to various lender terms and conditions....

Read more

Gladstone Land Acquires Citrus Groves in South Florida

August 19, 2021 4:15 PM

MCLEAN, VA / ACCESSWIRE / August 19, 2021 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired two lemon and orange groves, totaling 617 acres in South Florida for approximately $5.2 million. In connection with the acquisition, Gladstone Land entered into a 12-year leaseback agreement with the seller."We are excited to acquire our first groves in Florida, a state with a long and celebrated...

Read more

Gladstone Acquisition Corp. Announces Closing of Partial Exercise of Over-Allotment Option in Connection with Its Initial Public Offering

August 19, 2021 4:05 PM

MCLEAN, VA / ACCESSWIRE / August 19, 2021 / Gladstone Acquisition Corp. (Nasdaq:GLEEU) ("Gladstone" or the "Company"), a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the closing of the issuance of an additional 492,480 units, consisting of one share of Class A...

Read more

Presidio Property Trust Announces Acquisition of Houston Commercial Property

August 18, 2021 8:30 AM

SAN DIEGO, CA / ACCESSWIRE / August 18, 2021 / (NASDAQ:SQFT)(NASDAQ:SQFTP) Presidio Property Trust, Inc. ("Presidio" or the "Company"), an internally managed, diversified real estate investment trust ("REIT"), today announced the closing of a commercial property in Houston, Texas in an all-cash acquisition."We are pleased to announce our acquisition of a newly-built franchised Kiddie Academy location in an affluent area of fast-growing Houston....

Read more

Presidio Property Trust Announces Series D Preferred Stock Cash Dividend

August 17, 2021 8:30 AM

SAN DIEGO, CA / ACCESSWIRE / August 17, 2021 / Presidio Property Trust, Inc. ("Presidio" or the "Company") (NASDAQ:SQFT)(NASDAQ:SQFTP), an internally managed, diversified real estate investment trust ("REIT"), today announced that its Board of Directors has authorized and the Company has declared a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the "Series D Preferred Stock") for the month of August 2021.In...

Read more

Oxbridge Re Holdings Limited Reports Strong Performance for First Six Months of 2021

August 16, 2021 4:01 PM

GRAND CAYMAN, CAYMAN ISLANDS / ACCESSWIRE / August 16, 2021 / Oxbridge Re Holdings Limited (NASDAQ:OXBR), (the "Company"), a provider of reinsurance solutions primarily to property and casualty insurers, reported improved results for the three and six months ended June 30, 2021.2021 HIGHLIGHTS:Net income of $448,000 in second quarter, up from $165,000 last yearQ2 premium income rises on higher rates on reinsurance contractsNo losses incurred to...

Read more

Gladstone Investment Corporation Acquires Utah Pacific

August 12, 2021 4:10 PM

MCLEAN, VA / ACCESSWIRE / August 12, 2021 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") announced today that on July 30, 2021, it acquired Utah Pacific Bridge & Steel, LLC and Mountain Pacific Transport, LLC (collectively, "Utah Pacific") in partnership with certain members of Utah Pacific's executive management. Gladstone Investment provided both equity and senior secured debt to complete the...

Read more

Kingstone Announces 2021 Second Quarter Financial Results

August 12, 2021 4:10 PM

KINGSTON, NY / ACCESSWIRE / August 12, 2021 / Kingstone Companies, Inc. (NASDAQ:KINS) (the "Company" or "Kingstone"), a Northeast regional property and casualty insurance holding company, today announced its financial results for the quarter ended June 30, 2021. The Company will host a conference call for analysts and investors on August 13, 2021 at 8:30 a.m. Eastern Time, as previously announced on July 7, 2021.2021 Second Quarter Financial and...

Read more

Gladstone Land Acquires Organic Blueberry Orchards in Oregon & California

August 12, 2021 9:00 AM

MCLEAN, VA / ACCESSWIRE / August 12, 2021 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced that it has acquired approximately $42.3 million of farmland, blueberry plantings, and improvements located in Kern County, California, and Yamhill County, Oregon. Both farms are 100% certified USDA organic. In connection with the acquisitions, Gladstone Land entered into triple-net leaseback agreements with the...

Read more

Oxbridge Acquisition Corp. Announces Pricing of $100.0 Million Initial Public Offering

August 11, 2021 5:30 PM

GRAND CAYMAN, CAYMAN ISLANDS / ACCESSWIRE / August 11, 2021 / Oxbridge Acquisition Corp. (the "Company"), a newly organized blank check company incorporated as a Cayman Islands exempted company and led by Chairman and CEO Jay Madhu, today announced the pricing of its initial public offering of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share of the Company and one redeemable...

Read more

Gladstone Investment Corporation Prices Public Offering of 4.875% Notes due 2028

August 11, 2021 5:10 PM

MCLEAN, VA / ACCESSWIRE / August 11, 2021 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") today announced that it priced a public offering of $117.0 million aggregate principal amount of 4.875% Notes due 2028 (the "Notes") on August 11, 2021. The Notes will mature on November 1, 2028, and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after November 1, 2023. The Notes will bear...

Read more

Gladstone Investment Announces Intent to Redeem All Outstanding Shares of Existing Series E Term Preferred Stock

August 11, 2021 4:30 PM

MCLEAN, VA / ACCESSWIRE / August 11, 2021 / Gladstone Investment Corporation (NASDAQ:GAIN) (the "Company") today announced that it plans to redeem all of the outstanding shares of its 6.375% Series E Cumulative Term Preferred Stock due 2025 (the "Series E Term Preferred Stock"), contingent upon the Company's successful completion of the public offering of unsecured notes. The Company intends to use the net proceeds from the offering of unsecured...

Read more

Cresa Boston and Newmark Negotiate New Lease for Olink Proteomics at STONY BROOK

August 11, 2021 10:15 AM

Swedish life science company relocates from Watertown to WalthamBOSTON, MA / ACCESSWIRE / August 11, 2021 / The Boston office of Cresa, the world's largest occupier-focused commercial real estate firm, and Newmark, a world leader in commercial real estate services, announced today the negotiation of a 22,000 square feet lease at Stony Brook (130 Turner Street) in Waltham, Mass. The lease is on behalf of Olink Proteomics (Olink) a Swedish company...

Read more

Gladstone Investment Corporation Announces Notes Offering

August 11, 2021 8:44 AM

MCLEAN, VA / ACCESSWIRE / August 11, 2021 / Gladstone Investment Corporation (NASDAQ:GAIN) (the "Company") today announced that it plans to make a public offering of Notes due 2028 (the "Notes"). The Company expects to list the Notes on the Nasdaq Global Select Market under the trading symbol "GAINO" within 30 days of issuance. Oppenheimer & Co. Inc., Goldman Sachs & Co. LLC, B. Riley Securities, Inc. and Ladenburg Thalmann & Co....

Read more

Gladstone Land Announces Second Quarter 2021 Results

August 10, 2021 4:10 PM

Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.MCLEAN, VA / ACCESSWIRE / August 10, 2021 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today reported financial results for the second quarter ended June 30, 2021. A description of funds from operations ("FFO"), core FFO ("CFFO"), adjusted FFO ("AFFO"), and net...

Read more

Presidio Property Trust, Inc. Announces Earnings for the Second Quarter Ended June 30, 2021

August 10, 2021 4:05 PM

SAN DIEGO, CA / ACCESSWIRE / August 10, 2021 / Presidio Property Trust, Inc. (Nasdaq:SQFT, SQFTP) (the "Company"), an internally managed, diversified real estate investment trust ("REIT"), today reported earnings for its second quarter ended June 30, 2021. All second quarter financial measures referenced herein are unaudited."We are pleased to report our second quarter earnings, continuing the strong rent collections that we saw throughout 2020...

Read more