TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of August 2025, representing $1.80 per unit on an annualized basis. The distribution will be payable on September 15, 2025, to unitholders of record as at August 29, 2025. About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge- ...

Core Viewpoint - A class action securities lawsuit has been filed against CTO Realty Growth, Inc. alleging securities fraud that affected investors between February 18, 2021, and June 24, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that CTO Realty Growth, Inc. misled investors regarding the sustainability of its dividends and used deceptive practices to inflate its financial performance [2]. - Allegations include that the company overstated its business and financial prospects, leading to materially false and misleading public statements [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 7, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - The complaint against CTO Realty Growth alleges violations of federal securities laws, including misleading statements about the sustainability of dividends and the true profitability of its properties, leading to an overstatement of the company's financial prospects [2]. Group 1: Allegations and Financial Practices - The complaint claims that CTO's dividends were less sustainable than represented, and the company used deceptive practices to inflate its Adjusted Funds From Operations (AFFO) [2]. - Wolfpack Research's report criticized CTO for not generating sufficient cash to cover recurring capital expenditures and dividends since its conversion to a REIT in 2021, relying instead on share dilution [3]. - The report highlighted that CTO increased its shares outstanding by 70% since December 2022 to cover a $38 million dividend shortfall from 2021 to 2024 [3]. Group 2: Financial Position and Market Reaction - CTO reportedly has only $8.4 million in cash while facing quarterly dividends of $14 million and average recurring capital expenditures of $5.7 million, along with additional planned capital expenditures of approximately $12 million [3]. - Following the release of the Wolfpack Report, CTO's stock price fell by $0.98 per share, or 5.42%, closing at $17.10 per share on June 25, 2025 [4].

Core Insights - SL Green Realty Corp. will participate in a roundtable discussion at the BofA Securities 2025 Global Real Estate Conference on September 10, 2025 [1] - The discussion will feature key executives including the CFO, CIO, and Executive Vice President [1] - The event will be webcasted, and presentation materials will be available on the company's website [2] Company Overview - SL Green Realty Corp. is Manhattan's largest office landlord and operates as a fully integrated real estate investment trust (REIT) [3] - As of June 30, 2025, the company held interests in 53 buildings totaling 30.7 million square feet, including 27.2 million square feet of Manhattan properties [3] - The company also has 2.7 million square feet securing debt and preferred equity investments [3]

NEW YORK, Aug. 14, 2025 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against CTO Realty Growth, Inc. ("CTO" or "the Company") (NYSE: CTO) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired CTO securities ...

Core Viewpoint - A class action lawsuit has been filed against CTO Realty Growth, Inc. for misleading statements regarding the sustainability of dividends and the true profitability of its operations during the Class Period from February 18, 2021, to June 24, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that CTO Realty Growth made false and misleading statements about the sustainability of its dividends and used deceptive practices to inflate its Adjusted Funds from Operations (AFFO) [5]. - It is alleged that the company's financial prospects were overstated, leading to investor damages when the true information was revealed [5]. Group 2: Participation Information - Investors who purchased CTO Realty securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, investors can visit the provided link or contact the law firm for more information [3][6]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4]. - The firm has recovered hundreds of millions of dollars for investors, with notable achievements in previous years [4].

Core Insights - Realty Income (O) is expanding its global real estate platform through disciplined, data-driven investments, deploying $1.2 billion in Q2 2025 at a 7.2% initial weighted average cash yield [1] - The company is focusing on European expansion, which now accounts for 17% of its annualized base rent, benefiting from a fragmented market and favorable financing [2] - In the U.S., Realty Income remains selective, achieving a 7% yield on investments and a 103.4% rent recapture rate across 346 leases [3] Investment Strategy - Realty Income's investment strategy is guided by seven years of proprietary predictive analytics, supporting a 98.6% occupancy rate across over 15,600 properties [4] - The management has raised the 2025 investment guidance to $5 billion, aiming to capture a portion of the $14 trillion global net lease market [5] Market Performance - Realty Income's shares have risen 8.4% year to date, contrasting with a 7% decline in the industry [8] - The company trades at a forward 12-month price-to-FFO of 13.29, which is below the industry average [10] Financial Estimates - The Zacks Consensus Estimate for Realty Income's 2025 funds from operations per share has been revised marginally downward over the past 30 days, with current estimates at 4.26 for the current year [11][12]

Core Insights - Terreno Realty Corporation (TRNO) has acquired a portfolio of industrial properties in Woodinville, WA, for approximately $232.6 million, enhancing its presence in the high-demand Seattle market [1][9] - The acquisition is part of a larger multi-market portfolio totaling $426.9 million, expected to be completed by September 2025, with an estimated stabilized cap rate of 5% [4][9] - The newly acquired properties are approximately 91% leased to 26 tenants, providing immediate rental income and potential for lease-up and rent growth [3][9] Company Strategy - TRNO's disciplined investment approach is evident in its recent acquisitions, including a $35.5 million industrial property in Redondo Beach, CA, which is fully leased and has a higher estimated stabilized cap rate of 5.8% [5] - The company focuses on sourcing high-quality, well-located industrial assets in supply-constrained, high-demand coastal markets [5][6] Market Position - The industrial real estate sector continues to benefit from e-commerce growth, proximity to population centers, and supply-chain resilience, which could enhance TRNO's earnings visibility and cash flow stability [2] - TRNO's target markets, including New York City/Northern New Jersey, Los Angeles, Miami, San Francisco Bay Area, Seattle, and Washington, D.C., are characterized by strong demographics and growing demand for last-mile distribution facilities [6] Performance Outlook - National industrial vacancy rates remain near historic lows, positioning TRNO for steady rent growth and high occupancy levels [7] - The current price level of TRNO shares presents a good entry point, despite a 6.4% decline in the past three months compared to the industry’s fall of 0.4% [8]

Financial Data and Key Metrics Changes - Cash rents for Q2 were $15,700,000, an increase of $600,000 or 4% from the previous quarter, driven by acquisitions and increased percentage rents [14] - Total revenue increased by $1,300,000 sequentially to $17,600,000, including straight-line rent and other income [14] - AFFO per share increased by 2 cents or 6.7% quarter-over-quarter to 32 cents, with a declared quarterly dividend of $0.02, representing a 66% payout ratio on AFFO per share [17] Business Line Data and Key Metrics Changes - The portfolio ended the quarter with an occupancy rate of 97.8%, up from approximately 96% in the previous quarter [6] - Five properties were acquired for approximately $17,800,000 at an average cash cap rate of 8.17%, with a weighted average remaining lease term of approximately 11 years [9] - Nine properties were sold for $22,700,000 during the quarter, recovering approximately 90% of the original purchase price [10] Market Data and Key Metrics Changes - The company is targeting a cap rate trend around 7.5% going into Q3 [11] - The current leverage ratio is 5.5 times net debt to annualized adjusted EBITDAR, with an LTV of less than 40% [10][19] Company Strategy and Development Direction - The company is increasing its capital recycling by raising disposition guidance to $60,000,000 to $75,000,000 while reducing acquisition targets to $110,000,000 to $130,000,000 [11][20] - The focus remains on acquiring high visibility properties with strong credits and attractive valuations [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining strong performance despite reduced net capital deployment, expecting to achieve between 30 to 32 cents per quarter for the second half of the year [24] - The portfolio is described as healthy, with negligible credit losses and no material additions to the watch list [25][52] Other Important Information - The company has expanded its tenant disclosures to include its top 60 tenants, providing greater insight into the portfolio [13][60] - The balance sheet remains conservatively positioned, with a strong liquidity position of approximately $140,000,000 [18] Q&A Session Summary Question: Why is the midpoint of AFFO per share guidance unchanged despite reduced net investment volume? - Management indicated strong operational performance and confidence in existing tenants, allowing for a reasonable target of 31 cents per share for the second half of the year [24] Question: Will there be adjustments to bad debt guidance given the improved leasing progress? - Management did not provide an update on bad debt guidance but noted a healthy portfolio with minimal credit losses [25] Question: What is the expected spread and cap rates for acquisitions and dispositions? - Management expects a 50 to 75 basis point differential between selling assets and acquiring new ones, with continued opportunities in the market [31] Question: What is the size of the acquisition pipeline? - Management indicated a robust pipeline for acquisitions, with the potential to increase the pace of acquisitions if the cost of capital improves [50] Question: What is the context behind the new mortgage loan receivables on the balance sheet? - The company made two loans on assets sold, achieving a good yield with an interest rate of about 8% [58] Question: Why expand the top tenant list to 60? - Management emphasized transparency and the quality of the tenant mix, which supports investor confidence [60]

Portfolio Overview - FrontView REIT's gross real estate amounts to $900.305 thousand[4], with an annualized base rent of $62.293 thousand[4] - The portfolio consists of 319 properties[4] across 37 states[4], with a 97.8% occupancy rate[4] and a weighted average lease term (WALT) of 7.3 years[4] - The top 10 tenants account for 23% of the annualized base rent (ABR)[4], while the top 20 tenants represent 38%[4] Financial Performance - Net loss per share is $(0.16)[4], FFO (Funds From Operations) per share is $0.24[4], and AFFO (Adjusted Funds From Operations) per share is $0.32[4] - The company's net debt to annualized adjusted EBITDAre is 5.5x[4], with a fixed charge coverage of 3.3x[4] - FrontView REIT's total capitalization is $644 million[20], with common stock representing 37.6% and OP Units representing 13.6%[20] Capital Structure and Liquidity - The company has $139.863 thousand in liquidity[4], including cash and existing revolver capacity - The revolving credit facility has a balance of $118.500 thousand[21] and the term loan is $200.000 thousand[21] Investment and Disposition Activity - Year-to-date capital deployment totals $67.023 thousand[4], with dispositions amounting to $24.711 thousand[4] - Investment guidance for the second half of 2025 is between $110 million and $130 million, while disposition guidance is between $60 million and $75 million[43] Tenant and Industry Diversification - Medical and Dental Providers represent 14.7% of ABR, with Quick Service Restaurants at 13.9% and Casual Dining at 12.9%[52] - The top tenant, Dollar Tree, accounts for 3.3% of ABR[49]