Core Viewpoint - Veris Residential, Inc. has amended its $500 million credit facility to enhance financial flexibility and reduce borrowing costs, supporting its strategy to sell non-strategic assets and lower leverage [1][3]. Group 1: Credit Facility Details - The amended facility includes a $300 million Revolving Credit Facility and a $200 million delayed-draw Term Loan, with a leverage-based pricing grid for the Revolver, offering spreads from 1.25% to 1.80% over SOFR [2]. - The number of secured properties required in the collateral pool has been reduced from five to two, with the facility maturing in April 2027 and a one-year extension option on the Revolver [2]. Group 2: Financial Impact and Strategy - The amendment results in an initial improvement of 55 basis points in corporate borrowing costs, with potential for further savings as the balance sheet strengthens [3]. - The company aims to complete up to $500 million in non-strategic asset sales, which is part of its multi-pronged optimization strategy to enhance stakeholder value [3]. Group 3: Recent Transactions - Concurrently with the amended facility, Veris Residential completed the $85 million sale of Signature Place, using $80 million of the proceeds to reduce its Term Loan to $120 million [3]. Group 4: Company Overview - Veris Residential, Inc. is a real estate investment trust focused on Class A multifamily properties in the Northeast, utilizing a technology-enabled operating platform to enhance living experiences and community impact [5].

As an investor, I have been focused on buying and owning great businesses since day one. On the rare occasions that I strayed from this quality-first approach, IHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to Sure Dividend, The Dividend Kings, and iREIT+Hoya Capital. I have been investing since September 2017 (age 20) and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. This is a blog that is documenting my ...

VICI Properties ( VICI ) presents an interesting case in the REITs space with a rock solid stability in share prices, but not a significantly higher yield compared to money markets and treasuries now. More interestingly, the positioning in experiential realI am a stock analyst with over 20 years of experience in quantitative research, financial modeling, and risk management. My focus is on equity valuation, market trends, and portfolio optimization to uncover high-growth investment opportunities. As a forme ...

For most people, that statement would be true because the biggest obstacle to having $1 million in the bank is the time“The first million dollars you make is the hardest”.I’m sure you’ve heard this before:Introducing iREIT®Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets.We recently added an all-new Rat ...

Investing money in high-yielding dividend stocks is a super-easy way to generate passive income. You just buy the stocks and watch the dividend income flow into your account.For example, investing $22,000 across the following three dividend stocks could net you over $1,000 of dividend income each year: Dividend StockInvestmentCurrent YieldAnnual Dividend IncomeFederal Realty Investment Trust (FRT)$7,333.334.67%$342.47EPR Properties (EPR)$7,333.336.05%$443.67Sun Communities (SUI)$7,333.333.26%$239.07Total$22 ...

If you're an income-seeking investor, a buoyant stock market near its all-time high is actually a problem. At recent prices, the average stock in the benchmark S&P 500 index offers an itty-bitty 1.2% dividend yield.A low average dividend yield suggests the market is overbought, but that doesn't mean there aren't any hidden gems out there. UnitedHealth Group (UNH) and Prologis (PLD) have been flying under the radar even though they both offer yields that are more than double the benchmark average.UnitedHealt ...

Want some modestly priced stocks that also pay high dividends? It can be challenging finding a quality stock that fits that criteria, but there are three that can be excellent options worth considering today: Realty Income (O), AT&T (T), and Toronto-Dominion Bank (TD).These stocks are all trading at less than $100 per share, offer high yields that are more than three times the S&P 500 (^GSPC) average of 1.2%, and can be relatively safe investments to simply buy and hold for the long haul. Here's a look at h ...

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Core Points - NexPoint Real Estate Finance, Inc. is scheduled to host a conference call on July 31, 2025, at 11:00 a.m. ET to discuss its second quarter 2025 financial results [1] - The conference call will be accessible via phone and online, with a replay available for 60 days after the call [2][3] - The company is a publicly traded REIT focused on various real estate finance activities, including mortgage loans and equity investments [4]

DALLAS, July 9, 2025 /PRNewswire/ -- NexPoint Residential Trust, Inc. ("NXRT" or the "Company") (NYSE: NXRT) announced today that the Company is scheduled to host a conference call on Tuesday, July 29, 2025, at 11:00 a.m. ET (10:00 a.m. CT), to discuss second quarter 2025 financial results.The conference call can be accessed live over the phone by dialing 888-660-4430 or, for international callers, +1 646-960-0537 and using passcode Conference ID: 5001576. A live audio webcast of the call will be available ...