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Getty Realty (GTY) - 2025 Q2 - Earnings Call Presentation
2025-07-24 12:30
C O N V E N I E N C E A U T O M O T I V E R E T A I L CORPORATE PROFILE and SUPPLEMENTAL INFORMATION July 2025 SAFE HARBOR STATEMENTS Forward Looking Statements Certain statements in this presentation constitute "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are statements that relate to management's expectations or beliefs, future plans and strategies, future financial performance and similar expressions concerning matters that are not historical ...
X @Bloomberg
Bloomberg· 2025-07-24 10:03
RT Advait Palepu (@advait_px)https://t.co/f84U63LWLBThe Adani family's privately held real estate firm Adani Realty has risen up the ranks of India's property market in just a few years. At the heart of its ambitious growth strategy is Mumbai and the multi billion-dollar redevelopment of Dharavi ...
City Office REIT Enters into Definitive Agreement for Sale at $7.00 per Share of Common Stock in Transaction Valued at Approximately $1.1 Billion
Prnewswire· 2025-07-24 10:00
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].
INVESTOR DEADLINE MONDAY: Investors File Class Action Lawsuit Against Broadmark Realty Capital Inc., Ready Capital Corporation, Others and Attorneys Announce Opportunity for Investors with Substantial Losses to Lead Class Action Lawsuit - BRMK; RC
Prnewswire· 2025-07-24 10:00
SAN DIEGO, July 24, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that holders of Broadmark Realty Capital Inc. (NYSE: BRMK) common stock as of the record date of the May 2023 merger between Broadmark and Ready Capital Corporation (NYSE: RC) (the "Merger"), have until Monday, July 28, 2025 to seek appointment as lead plaintiff of the Broadmark class action lawsuit. Captioned Grant v. Broadmark Realty Capital, No. 25-cv-01013 (W.D. Wash.), the Broadmark class action lawsuit ...
固定收益部市场日报-20250724
Zhao Yin Guo Ji· 2025-07-24 07:25
Trading desk comments 交易台市场观点 Yesterday, GUOTJU priced 3yr floating rated bond at SOFR+60 (IPT at SOFR+115). In KR, DAESEC/SHINFN/NACF 26-30s were 1-2bps wider. HYNMTR Float 30 tightened 8bps, HYNMTR 5.3 29/HYNMTR 3.5 31 tightened 2-4bps. In Chinese IGs, BABA/HAOHUA 28-35s were unchanged to 1bps tighter, while MEITUA 30 widened 2bps. In financials, BBLTB/KBANK 31-40s tightened 2-4bps. NANYAN/BNKEA 30-34s tightened 2-3bps. In insurance, SHIKON/CATLIF 34-35s were unchanged to 1bp tighter. MYLIFE/NIPLIF 54-55s ...
上海第六批次土拍开槌 “黄金地块”静安东斯文里溢价率10.1%
Xin Hua Cai Jing· 2025-07-24 06:49
新华财经上海7月24日电(谈瑞)7月24日,上海第六批次集中土拍拉开帷幕。这一批次土拍被业内称为 今年以来"地块最多、品质最优、货值最高",推出的八宗地块总起拍价高达236.7亿元,包括内环核心 区的三宗"黄金地块",即徐汇衡复风貌区、静安东斯文里、虹口北外滩地块,以及普陀真如、浦东唐 镇、闵行莘庄、青浦新城、奉贤新城的五宗优质地块。 其中,被市场寄予厚望的静安东斯文里规划范围内的首发地块C050202单元053-b-1地块,被中海以 53.63亿元竞得,折合楼面价9.04万元/平方米,溢价率10.1%,低于市场普遍预期的20%溢价率。 24日上午成交的另外一宗地块,即青浦新城组合出让的五幅大体量地块,只有联发与中建三局联合体报 名,最终以21.95亿元底价成交,折合楼面价1.49万元/平方米,溢价率为0。 (文章来源:新华财经) 资料显示,该地块距离苏州河南岸约1公里,附近汇聚4条轨交线路,是静安区城市更新重点改造区域, 也是老静安罕见公开出让的宅地。业内人士认为,考虑到地块79%住宅和21%商办的综合体属性,以及 住宅设有7000元/平方米的装修标准,其他房企竞价意愿并不强烈,仅有招商与象屿联合体以及中海 ...
Linkhome Holdings Inc. Announces Pricing of Upsized $6,000,000 Initial Public Offering
Globenewswire· 2025-07-24 04:25
Core Viewpoint - Linkhome Holdings Inc. has announced the pricing of its upsized initial public offering, aiming to raise $6 million through the sale of 1,500,000 shares at $4 per share, with trading expected to commence on July 24, 2025 under the ticker symbol "LHAI" [1][4]. Group 1: Offering Details - The offering consists of 1,500,000 shares priced at $4 each, totaling gross proceeds of $6 million before expenses [1]. - Underwriters have an option to purchase an additional 225,000 shares within 45 days to cover over-allotments [1]. - USTiger Securities, Inc. is the sole book-runner for the offering, with legal counsel provided by Winston & Strawn LLP and VCL Law LLP [2]. Group 2: Use of Proceeds - The net proceeds from the offering will primarily be used to enhance marketing initiatives, advance the HomeGPT AI platform, support the rollout of the Cash Offer product, finance capital expenditures, expand research and development, and for general corporate purposes [3]. Group 3: Company Overview - Linkhome is an AI-driven real estate platform that aims to simplify homeownership through its HomeGPT model and integrated fintech solutions [6]. - The platform offers services including property management, home renovation, and mortgage referrals, creating a comprehensive real estate solution [7]. - Since its inception in 2021, Linkhome has facilitated over $185 million in gross transaction value, with $48 million in brokerage volume completed in 2024 [8].
Armada Hoffler: No Stress, Management Knows What It's Doing
Seeking Alpha· 2025-07-24 03:12
Group 1 - The article discusses the tendency of some investors to criticize analysts for their stock predictions, particularly when a stock experiences a significant decline in a short period [1] - It highlights the author's background as an economics teacher from the Netherlands, emphasizing a focus on income investing and identifying undervalued Real Estate Investment Trusts (REITs) [1] - The investment strategy mentioned revolves around long-term horizons, contrarian approaches, and deep-value opportunities [1] Group 2 - The article includes a disclosure indicating a beneficial long position in the shares of AHH, either through stock ownership or derivatives [2] - It clarifies that the article reflects the author's opinions and is not influenced by compensation from any company mentioned [2] - The disclosure also states that past performance does not guarantee future results and that no specific investment advice is being provided [3]
Getty Realty: Q2 Should Allay Market Fears
Seeking Alpha· 2025-07-24 01:04
Group 1 - Getty Realty (NYSE: GTY) has underperformed over the past year, losing approximately 13% of its value [1] - The company's reliance on capital market access to finance its growth ambitions has negatively impacted its stock performance [1]
After this quarter, SL Green's business is in good shape, says Jim Cramer
CNBC Television· 2025-07-24 00:16
All right. What the heck just happened to the stock of SL Green Realy, the largest commercial real estate landlord in Manhattan with interest in 53 New York City office buildings totaling over 30 million square ft. Now, this stock has been frustrating, basically flat over the past 12 months, and it only got worse last week when SLB reported a seemingly strong quarter.And yet it share price got clobbered. Anyway, before we get to this quarter though, let's set the scene. Last year, the office reached they we ...