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Granite Point Mortgage Trust: Book Value Continues To Dip With Discount At 65% (NYSE:GPMT)
Seeking Alpha· 2025-12-10 00:06
Core Viewpoint - The equity market serves as a significant mechanism for wealth creation or destruction over the long term, with Pacifica Yield focusing on undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1] Group 1 - Pacifica Yield aims to pursue long-term wealth creation [1] - The strategy includes a focus on undervalued yet high-growth companies [1] - High-dividend tickers, REITs, and green energy firms are also key areas of interest [1]
Granite Point Mortgage Trust: Book Value Continues To Dip With Discount At 65%
Seeking Alpha· 2025-12-10 00:06
Core Viewpoint - The equity market serves as a significant mechanism for wealth creation or destruction over the long term, with Pacifica Yield focusing on undervalued high-growth companies, high-dividend stocks, REITs, and green energy firms [1] Group 1 - Pacifica Yield aims to pursue long-term wealth creation [1] - The strategy includes a focus on undervalued yet high-growth companies [1] - High-dividend tickers, REITs, and green energy firms are also key areas of interest [1]
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Alexandria Real Estate Equities, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - ARE
Newsfile· 2025-12-09 23:15
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Alexandria Real Estate Equities, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - AREDecember 09, 2025 6:15 PM EST | Source: The Rosen Law Firm PANew York, New York--(Newsfile Corp. - December 9, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Alexandria Real Estate Equities, Inc. (NYSE: ARE) between January 27, 2025 and October 27, 2025, both dates inclusiv ...
Millrose Stock Has Jumped 44% Since Debut But One Fund Still Sold 2.5 Million Shares
The Motley Fool· 2025-12-09 22:11
Core Insights - Millrose Properties is demonstrating a robust business model, evidenced by significant financial metrics, despite a reduction in stake by Brave Warrior Advisors [1][9] Financial Performance - Millrose Properties generated $852 million in net cash proceeds from homesite sales, with $766 million coming from home construction company Lennar [9] - Revenue for the latest quarter reached $179.3 million, while Adjusted Funds From Operations (AFFO) was $122.5 million, equating to $0.74 per share [9] - The company has a liquidity position of $1.6 billion, bolstered by $2 billion in newly issued senior notes [9] Market Position - As of September 30, Brave Warrior Advisors reduced its stake in Millrose Properties to 4.2% of reportable Assets Under Management (AUM) [2][3] - Millrose Properties shares are currently priced at $31, reflecting a 44% increase since their public-market debut in February [3][4] Business Model - Millrose Properties operates a Homesite Option Purchase Platform (HOPP'R), which facilitates residential land banking and provides homebuilders with access to controlled land positions [7] - The company's model allows for capital-light expansion for homebuilders through land option contracts and related real estate services [5][7] Investment Considerations - The company is noted for its rapid balance-sheet expansion and rising cash generation, although its shares now reflect a complex mix of growth, leverage, and execution risk [6][10] - Long-term investors may find Millrose's scalable, capital-light model appealing, but should remain aware of leverage and dependence on counterparties [10]
ASHFORD HOSPITALITY TRUST ANNOUNCES REVIEW OF STRATEGIC ALTERNATIVES
Prnewswire· 2025-12-09 21:15
Core Viewpoint - Ashford Hospitality Trust, Inc. has formed a Special Committee to explore strategic alternatives aimed at maximizing shareholder value, including potential transactions [1][2]. Company Overview - Ashford Hospitality Trust is a real estate investment trust (REIT) that primarily invests in upper upscale, full-service hotels [3]. Strategic Actions - The company has successfully executed a plan to drive significant EBITDA growth, strategically sell assets, and strengthen its balance sheet [2]. - The Board of Directors has expressed frustration over the disparity between the value of the underlying portfolio and the market value of its common stock, prompting the formation of the Special Committee to address this issue [2]. Financial Decisions - In conjunction with the formation of the Special Committee, the company has terminated the current offering of its Series L and M Non-Traded Preferred Stock and suspended redemptions for all outstanding non-traded preferred stock [2].
Veris Residential Completes $75 Million Sale of Harborside 8/9 Land Parcel
Prnewswire· 2025-12-09 21:15
Core Insights - Veris Residential, Inc. has sold its Harborside 8/9 land parcel in Jersey City for $75 million, with net proceeds estimated at approximately $69 million [1][2] - The transaction is expected to reduce the company's Net Debt-to-EBITDA ratio to approximately 9.0x, down from 10.0x in Q3 and 11.7x at year-end 2024, marking a 53% reduction since 2021 [2][3] - The sale is projected to be accretive by approximately $0.04 per share to Core FFO on a run-rate basis [2][3] Financial Impact - The proceeds will be utilized to further reduce debt, enhancing the company's financial position [2][3] - The remaining land bank is valued at approximately $35 million, primarily located in Massachusetts [2] - Year-to-date, the company has achieved $542 million in non-strategic asset sales, surpassing its original target of $300 to $500 million [4] Strategic Goals - The sale aligns with the company's strategic plan to monetize non-strategic assets and strengthen its balance sheet [3] - The company has raised its asset sales target to $650 million and aims to potentially reduce its Net Debt-to-EBITDA below 8.0x by year-end 2026 [4] - The Harborside 8 parcel is approved for a 68-story tower with 680 residential units, while Harborside 9 is approved for a 57-story tower with 579 units, including a 15% affordable housing component [4]
133rd Common Stock Monthly Dividend Increase Declared by Realty Income
Prnewswire· 2025-12-09 21:05
Core Points - Realty Income Corporation has announced an increase in its monthly cash dividend to $0.2700 per share from $0.2695 per share, effective January 15, 2026 [1] - The new monthly dividend translates to an annualized amount of $3.240 per share, compared to the previous annualized amount of $3.234 per share [1] - This marks the 133rd dividend increase since the company was listed on the NYSE in 1994 [2] Company Overview - Realty Income, known as "The Monthly Dividend Company," is an S&P 500 company founded in 1969, serving as a full-service real estate capital provider [2] - As of September 30, 2025, the company has a diversified portfolio of over 15,500 properties across all 50 U.S. states, the U.K., and seven other European countries [2] - The company has declared 666 consecutive monthly dividends and is recognized as a member of the S&P 500 Dividend Aristocrats index for increasing its dividend for over 30 consecutive years [2]
AGNC Investment Corp. Declares Monthly Common Stock Dividend of $0.12 per Common Share for December 2025
Prnewswire· 2025-12-09 21:01
Group 1 - AGNC Investment Corp. declared a cash dividend of $0.12 per share for December 2025, payable on January 12, 2026, to stockholders of record as of December 31, 2025 [1] - The company has paid over $15 billion in common stock dividends since its inception, indicating a strong track record of providing substantial monthly dividend income [3] Group 2 - AGNC Investment Corp. is a leading investor in Agency residential mortgage-backed securities, benefiting from guarantees against credit losses by Fannie Mae, Freddie Mac, or Ginnie Mae [2] - The company employs leveraged financing primarily through repurchase agreements and utilizes dynamic risk management strategies to protect its portfolio from interest rate and market risks [2]
One Liberty Properties Announces 132nd Consecutive Quarterly Dividend
Globenewswire· 2025-12-09 19:23
Core Points - One Liberty Properties, Inc. declared a quarterly dividend of $0.45 per share, payable on January 6, 2026, to stockholders of record by December 22, 2025 [2] - The company has increased or maintained its dividend for 33 consecutive years, marking its 132nd consecutive quarterly dividend [3] Financial Information - More than 90% of the declared dividend will be included in 2026 taxable income for federal income tax purposes [2] - Approximately 50% of the dividends attributable to 2025 will be treated as capital gains [2] Company Overview - One Liberty Properties, Inc. focuses on acquiring, owning, and managing a geographically diversified portfolio, primarily consisting of industrial properties [4] - Additional financial and descriptive information can be found on the company's website [4]
Deadline Alert: Alexandria Real Estate Equities, Inc. (ARE) Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Globenewswire· 2025-12-09 17:00
LOS ANGELES, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming January 26, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Alexandria Real Estate Equities, Inc. (“Alexandria” or the “Company”) (NYSE: ARE) securities between January 27, 2025 and October 27, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR ALEXANDRIA INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTEN ...