Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Northview Residential REIT (the “REIT”) today announced its August 2025 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units (collectively, the “Units”) in the amount of C$0.091146 per Unit (C$1.09 per Unit on an annualized basis). The distribution will be payable on September 15, 2025 to holders of Units of record at August 31, ...

TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its August 2025 monthly distribution in the amount of $0.12916 per Unit (or $1.55 on an annualized basis). The August 2025 distribution will be payable on September 15, 2025 to Unitholders of record at the close of business on August 29, 2025. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at June 30, 2025, CAPREIT owns approximat ...

Core Viewpoint - CubeSmart, the third-largest owner and operator of self-storage properties in the U.S., announced a public offering of $450 million in senior unsecured notes due 2035, with a yield to maturity of 5.295% [1][2]. Group 1: Offering Details - The offering consists of $450 million aggregate principal amount of 5.125% senior unsecured notes priced at 98.656% of the principal amount [1]. - The notes will be fully guaranteed by CubeSmart and are expected to close on August 20, 2025, subject to customary closing conditions [1][2]. - The proceeds from the offering will be used to repay outstanding indebtedness under the unsecured revolving credit facility and for general corporate purposes [2]. Group 2: Management and Underwriters - Wells Fargo Securities, BofA Securities, and PNC Capital Markets LLC are acting as joint book-running managers for the offering [3]. - Regions Securities LLC and US Bancorp are serving as senior co-managers, while several other firms are acting as co-managers [3]. Group 3: Company Overview - As of June 30, 2025, CubeSmart owned or managed 1,532 self-storage properties across the United States [6]. - CubeSmart is recognized as one of the top three owners and operators of self-storage properties in the U.S. according to the 2025 Self Storage Almanac [6]. - The company's mission focuses on simplifying organizational and logistical challenges for customers through innovative solutions and exceptional service [7].

Core Viewpoint - Extra Space Storage Inc. has announced a public offering of $800 million in senior notes with a 4.950% interest rate, maturing in 2033, to support its financial operations and potential acquisitions [1][3]. Group 1: Offering Details - The public offering is priced at 99.739% of the principal amount and is expected to close around August 8, 2025, pending customary closing conditions [2][1]. - The senior notes will be fully and unconditionally guaranteed by Extra Space and certain subsidiaries [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to repay outstanding amounts under lines of credit and commercial paper programs, as well as for general corporate and working capital purposes, including potential acquisitions [3]. Group 3: Company Overview - Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust, a member of the S&P 500, operating 4,179 self-storage stores across 43 states and Washington, D.C., with approximately 2.9 million units and 321.5 million square feet of rentable space [6].

Singapore’s largest real estate investment trust is buying the rest of a prime office tower that houses the likes of JPMorgan for $815 million https://t.co/qZN4fOzow5 ...

Core Insights - Postal Realty Trust, Inc. has increased its 2025 Adjusted Funds from Operations (AFFO) guidance by $0.04 to a range of $1.24 to $1.26 per diluted share [1][13] - The company acquired 68 properties leased to the USPS for approximately $35.9 million at a weighted average capitalization rate of 7.8% [1][5] - The company raised $12.8 million from its at-the-market (ATM) equity offering program during the second quarter to fund acquisitions [1] Financial Performance - The company reported a 29% growth in revenues from the second quarter of 2024 to the second quarter of 2025, with total revenues of $23.4 million [10] - Net income attributable to common shareholders was $3.6 million, or $0.12 per diluted share [10] - Funds from Operations (FFO) for the quarter were $10.8 million, or $0.35 per diluted share, while Adjusted Funds from Operations (AFFO) were $10.4 million, or $0.33 per diluted share [10][27] Property Portfolio & Acquisitions - The company's owned portfolio was 99.8% occupied, consisting of 1,806 properties across 49 states and one territory, with approximately 6.8 million net leasable interior square feet [4] - The weighted average rental rate for the portfolio was $11.11 per leasable square foot, with $13.24 for last-mile and flex properties and $4.14 for industrial properties [4] - In addition to the 68 properties acquired, the company announced the acquisition of 23 more properties for approximately $8.4 million subsequent to the quarter end [12] Leasing Activity - As of July 18, 2025, the company received 161 fully executed new leases from the USPS for leases expiring in 2025, with a total lump sum catch-up payment of approximately $0.2 million [6] Balance Sheet & Capital Markets - As of June 30, 2025, the company had approximately $2.0 million in cash and property-related reserves, with net debt of approximately $328 million at a weighted average interest rate of 4.51% [7] - 86% of the company's outstanding debt was at fixed rates, and $104 million of its revolving credit facility was undrawn [7] Dividend Announcement - The company announced a quarterly dividend of $0.2425 per share, equating to an annualized rate of $0.97 per share, payable on August 29, 2025 [11]

Core Insights - American Homes 4 Rent (AMH) reported strong financial results for Q2 2025, with Core FFO per share at $0.47, significantly above the $0.17 analyst estimate, and revenue reaching $457.5 million, exceeding expectations of $450.2 million [1][2] - The company raised its full-year 2025 Core FFO guidance, indicating confidence as it approaches the peak leasing season [1][12] Financial Performance - Core FFO per share and unit increased by 4.4% year-over-year [2] - Revenue grew by 8.0% compared to the prior year [2] - Net income per diluted share rose by 12.0% year-over-year [2][5] - Core NOI from Same-Home properties increased by 4.1% [1][2] Business Model and Strategy - American Homes 4 Rent focuses on acquiring, building, leasing, and managing single-family rental homes, targeting families and professionals [3] - The company emphasizes internal development through its AMH Development program, delivering new homes rather than relying on acquisitions [4][7] - The average occupied portfolio consisted of 58,282 homes as of Q2 2025 [3] Market Dynamics - The leasing environment remained strong, with a same-home average occupancy rate of 96.3% and blended lease rate growth of 4.3% [6] - The company experienced strong demand for single-family rentals, particularly in the Midwest, despite some competition in markets like Texas and Florida [8] Capital Structure and Financial Position - The company issued $650 million in new unsecured senior notes at a 4.95% coupon rate, enhancing financial flexibility [8] - Cash on hand totaled $323.3 million, with total outstanding debt at $5.2 billion and a weighted average interest rate of 4.5% [8][9] - Retained cash flow was $49.3 million, and the company generated $120.6 million in net proceeds from property sales [9] Future Outlook - Management raised full-year 2025 Core FFO guidance to a midpoint of $1.86 per share, reflecting a 5.1% anticipated growth [12] - The company plans to deliver 1,800–2,000 homes in 2025, with investment costs estimated at $700–800 million [13]

Core Viewpoint - City Office REIT, Inc. has entered into a definitive merger agreement with MCME Carell Holdings, under which MCME Carell will acquire all outstanding shares of City Office for $7.00 per share in cash, valuing the transaction at approximately $1.1 billion [1][2][3]. Transaction Details - The transaction price of $7.00 per share represents a 26% premium to City Office's closing share price on the NYSE prior to the announcement and a 39% premium to the volume weighted average share price over the previous 90 days [2]. - Holders of City Office's 6.625% Series A Cumulative Preferred Stock will receive $25.00 per share in cash, plus all accrued and unpaid distributions up to the date of transaction consummation [2]. - The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions, including shareholder approval [4]. Company Actions - City Office will pay its previously announced second quarter dividend but has resolved to suspend future common stock dividend payments until the transaction closes [5]. - Upon completion of the transaction, City Office will become a private company, and its shares will no longer trade on the NYSE [6]. Company Background - City Office REIT is focused on acquiring, owning, and operating office properties primarily in Sun Belt markets, currently owning or controlling 5.4 million square feet of office properties [8][9]. - MCME Carell is affiliated with Elliott Investment Management and Morning Calm Management, managing approximately $72.7 billion in assets [10].

Group 1 - The Board of Directors of Alexander & Baldwin, Inc. approved a third quarter 2025 dividend of $0.225 per share, payable on October 7, 2025, to shareholders of record as of September 12, 2025 [1] Group 2 - Alexander & Baldwin, Inc. is the only publicly-traded real estate investment trust focusing exclusively on Hawai'i commercial real estate and is the largest owner of grocery-anchored neighborhood shopping centers in the state [2] - The company owns, operates, and manages approximately 4.0 million square feet of commercial space in Hawai'i, including 21 retail centers, 14 industrial assets, four office properties, and 146 acres of ground lease assets [2] - Over its 155-year history, Alexander & Baldwin has played a leadership role in the development of various industries in Hawai'i, including agriculture, transportation, tourism, construction, residential, and commercial real estate [2]

Core Viewpoint - Northview Residential REIT announced a cash distribution of C$0.091146 per Unit for July 2025, which annualizes to C$1.09 per Unit, payable on August 15, 2025, to holders of record as of July 31, 2025 [1]. Company Overview - Northview Residential REIT is a publicly traded real estate investment trust established under the laws of Ontario, focused on acquiring, owning, and operating income-producing rental properties in secondary markets across Canada [2].