Alico (ALCO) Conference Summary Company Overview - Alico Incorporated, ticker ALCO, is a public company trading on Nasdaq with a market cap of approximately $240 million [4][3]. - The company has a long history of over 125 years in agribusiness and land management, primarily in Florida [5][4]. - Alico owns about 51,000 acres of land across 31 locations in eight counties in Florida [7][6]. Strategic Transition - Alico is transitioning from a focus on citrus operations to a diversified land company, with about 25% of its land holdings being repurposed for commercial and residential development [5][6]. - The decision to wind down citrus operations was driven by financial and tactical reasons, including losses due to environmental impacts and diseases affecting the citrus industry [15][14]. - The company aims to balance short-term cash flow from agricultural operations with long-term capital returns through real estate development [6][16]. Financial Performance and Projections - Alico projects an EBITDA of approximately $20 million for the fiscal year ending September 2025, with an expected cash balance of $25 million and a net debt reduction to around $60 million [16][17]. - The present value of Alico's land is estimated between $650 million and $750 million, indicating the company is trading at a significant discount to its potential market value [19][20]. - The company has identified four projects that could generate between $335 million and $380 million in present value over the next five years [20][21]. Development Projects - Key projects include the Corkscrew Grove Village in Collier County, which will feature mixed-use villages and a 1,500-acre environmentally friendly corridor for the Florida panther [26][27]. - Other projects include Bonnet Lake, Saddlebag in Polk County, and Plant World, each with varying timelines and development plans [30][33]. Shareholder Returns and Capital Management - Alico has a history of returning capital to shareholders, having returned over $190 million through dividends and debt prepayments over the past ten years [35][36]. - The company has a new $50 million buyback program approved by the board, indicating a commitment to returning capital as cash flow allows [36][40]. - Alico maintains a strong liquidity position with $25 million in cash and $95 million in untapped credit lines [39][42]. Market Perception and Future Outlook - The company acknowledges a disconnect between its market capitalization and the fair value of its assets, attributing it to market skepticism regarding its transition from citrus to real estate [57][58]. - Alico aims to close this value gap by consistently delivering on its strategic roadmap and maintaining transparency with investors [62][63]. - The management is focused on executing its strategy and returning capital to shareholders while managing the remaining agricultural operations effectively [38][59]. Additional Insights - The company has been proactive in managing its land and has a detailed master plan for each acre, ensuring the highest and best use of its assets [22][23]. - Alico's management team has significant experience in land entitlement and real estate development, which is crucial for the company's strategic shift [11][12].

RealEstate网站6月11日报道，Crown位于Barangaroo的六居室顶层公寓以约8000万 澳元成交，买家据说 来自悉尼东区。 消息人士证实，这套令人惊叹的公寓位于Barangaroo大楼的81层和82层，周二通过 The Agency的Steven Chen和Colliers的Luke Hayes完成交易。 当被问及此事时，Chen和Hayes均未予置评，但其他消息人士确认交易价格"约为 8000万澳元"。 不过，也有消息称成交价在7000万至7500万澳元之间。 但无论如何，这是澳洲已完工公寓的最高成交 价。 （图片来源：RealEstate） （图片来源：RealEstate） 虽然2019年曾有一笔1.42亿澳元的交易——隔壁的Lendlease Tower 1开发项目——但 那是楼花，且是两 套公寓合并出售。 如果成交价为8000万澳元，那么这套849平方米的双层公寓每平方米的价格超94000 澳元。 这套由Meyer Davis设计的公寓配有带阳台的小型泳池，全屋共有4个阳台，可以尽 享Darling Harbour、 North Sydney、CBD和海港美景。 其它设施包括健身房 ...

PRESS RELEASE REGULATED INFORMATION Brussels, 11 June 2025, 5:40pm Nextensa NV/SA : Information on the total number of voting rights and shares In application of article 15 of the Law of 2 May 2007 on disclosure of major shareholdings, Nextensa (the 'Company') announces the following information following the grant of double voting rights to certain of the shares in the Company. Situation on 11 June 2025 : Total capital : EUR 111,856,017.40Total number of securities carrying voting rights : 10,171,130Num ...

"住改商"房屋如何补偿？拥有合法产权，但被征收人自行"住改商"的住宅房屋，按以下方式给予补偿： （一）1987年1月1日《广州市城市规划管理办法》施行前已改变为经营性用房，被征收人能提供合法有 效的工商执照、依法纳税证明，并实际正在营业的，房屋征收部门可按照经营性用房房地产市场评估价 的70％给予补偿； （二）1987年1月1日《广州市城市规划管理办法》施行后至1997年4月1日《广州市城市规划条例》施行 前已改变为经营性用房，被征收人能提供合法有效的工商执照、依法纳税证明，并实际正在营业的，房 屋征收部门可按照经营性用房房地产市场评估价的60％给予补偿； （三）1997年4月1日《广州市城市规划条例》施行后至2001年2月6日《广州市住宅建筑改变使用功能规 划处理办法》施行前已改变为经营性用房，被征收人能提供合法有效的工商执照、依法纳税证明，并实 际正在营业的，房屋征收部门可按照经营性用房房地产市场评估价的50%给予补偿； （四）2001年2月6日《广州市住宅建筑改变使用功能规划处理办法》施行后改变为经营性用房的，房屋 征收部门按照住宅房屋给予补偿。 为进一步规范广州市国有土地上房屋征收工作，更好解决国有土 ...

Core Insights - Safe and Green Development Corporation's subsidiary, Resource Group US Holdings LLC, is expanding into high-value potting media and soil substrates using advanced milling technology [1][2] - The company aims to transition from commodity compost to higher-value markets, introducing sustainable products under the "Renewable Earth™" brand, with potential pricing reaching approximately $150 per ton, which is up to five times the value of traditional compost [1][2] - The implementation of Microtec milling technology, which has over 90 global installations, is expected to enhance production capabilities and market access [1][2] Company Overview - Safe and Green Development Corporation focuses on real estate development, particularly in green housing projects across the United States, and wholly owns Resource Group US Holdings LLC, which operates an organics processing facility in Florida [3] - Resource processes source-separated green waste and is expanding into sustainable, high-margin soil products through advanced milling technology [3] - The company also owns Majestic World Holdings LLC, which has developed a real estate AI platform to enhance transaction efficiency and increase margins on home sales [3] Market Potential - The introduction of the Renewable Earth product line is expected to create circular economic value by reducing reliance on environmentally harmful materials like peat and imported coir [2][5] - The company is positioned to lead in sustainable soil solutions for the horticulture, agriculture, and consumer landscaping sectors, focusing on performance, sustainability, and impact [2][5] - Resource's logistics and proprietary processing capabilities are expected to unlock a scalable and environmentally responsible business model with attractive margins and robust growth potential [2][5]

Forma Miami, a distinctive architectural landmark designed by world-renowned architect Kobi Karp, now offers its residents exclusive access to a Tesla Model 3 through Envoy's amenity-based mobility platform service. This addition enhances Forma Miami's existing luxury offerings and prime Brickell location, further elevating the property's status in Miami's competitive luxury real estate market. MIAMI, FL, June 11, 2025 (GLOBE NEWSWIRE) -- Envoy Technologies Inc. ("Envoy"), a Blink Charging Co. entity and le ...

Contributing analyst to the iREIT+Hoya Capital investment group. The Dividend Collectuh is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone to do their own due diligence. I'm a Navy veteran who enjoys dividend investing in quality blue-chip stocks, BDC's, and REITs. I am a buy-and-hold investor who prefers quality over quantity and plans to supplement his retirement income ...

Largest publicly traded technology-focused BDC by total assets NEW YORK, June 11, 2025 /PRNewswire/ -- Blue Owl Technology Finance Corp. ("OTF" or the "Company"), a leading business development company ("BDC") focused on investing in U.S. upper middle-market technology companies, has received approval from the New York Stock Exchange ("NYSE") and is expected to commence trading tomorrow, June 12, 2025, under the ticker symbol "OTF." "The listing of OTF on the New York Stock Exchange as the largest technolog ...

Core Insights - Blue Owl Capital (NYSE: OBDC) experienced an increase in its non-accrual percentage in the first quarter, indicating potential challenges in asset performance [1] - Despite the increase in non-accruals, Blue Owl Capital continues to present a strong value proposition for dividend investors, maintaining a dividend coverage ratio of 1.08X in the first quarter [1] Financial Performance - The non-accrual percentage for Blue Owl Capital rose in the first quarter, suggesting a need for monitoring asset quality [1] - The dividend coverage ratio of 1.08X indicates that the company is generating sufficient earnings to cover its dividend payments, which is a positive sign for investors [1]

Eight Exclusive Townhomes Feature Private Elevators and Elevated Cocktail Pools, One Block from Atlantic AvenueDELRAY BEACH, Fla., June 10, 2025 /PRNewswire/ -- Renowned property development groups, 4TRO Development and Kastelo Development, today launch Casa Avenida, an exclusive, four-story townhome community in the heart of Delray Beach. Located at 102 SE 5th Avenue, this boutique collection of just eight private residences, ranging from 2,804 to 3,336 square feet, introduces a new level of refined living ...