Extends Revolving Credit Facility Maturity to 2028 CHICAGO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) ("Chicago Atlantic" or the "Company"), a commercial mortgage real estate investment trust, today announced its results for the quarter ended June 30, 2025. Peter Sack, Co-Chief Executive Officer, noted, "As our second quarter results demonstrate, we are managing our loan portfolio with a disciplined focus on solid consumer and product-focused cannabis operat ...

Core Viewpoint - NewLake Capital Partners reported solid second-quarter results for 2025, with revenue and net income exceeding analyst expectations, reflecting stability in a challenging cannabis industry environment [1][5][14] Financial Performance - GAAP revenue for Q2 2025 was $12.9 million, surpassing estimates of $12.49 million, and showing a year-over-year increase of approximately 3.8% [1][2] - Adjusted funds from operations (AFFO) per share reached $0.55, up from $0.53 in Q2 2024, indicating a 3.8% increase [2] - Net income attributable to common stockholders rose to $7.3 million, a 7.4% increase from $6.8 million in Q2 2024 [2] - The quarterly dividend remained stable at $0.43 per share, aligning with the company's 80–90% AFFO payout ratio policy [14] Business Overview - NewLake Capital Partners focuses on acquiring and leasing commercial real estate to companies in the regulated U.S. cannabis sector, with a portfolio of 34 properties [3] - The business model relies on long-term sale-leaseback agreements, providing financing to cannabis businesses in exchange for predictable rental income [3] Operational Focus - The company is concentrating on managing tenant credit risk, growing its property portfolio, and maintaining strong REIT compliance [4] - Recent quarters have seen a focus on portfolio stability, limiting new acquisitions due to industry headwinds and pauses in capital expenditure by cannabis companies [4] Tenant Risk and Industry Conditions - Tenant credit quality is a significant concern, with Revolutionary Clinics entering receivership and affecting rental income [10] - AYR Wellness, contributing approximately 5.9% of rental revenue, is undergoing restructuring, creating uncertainty around future rental income [11] - The overall tenant portfolio remains stable, but financial health is a sector-wide risk [12] - Industry conditions for new investments are subdued, with reduced deal activity and a decline in the need for sale-leaseback financing [13] Liquidity and Balance Sheet - As of June 30, 2025, NewLake held $21.9 million in cash and cash equivalents, with total liquidity of $104.3 million [7] - The company has minimal debt, with only $7.6 million drawn on its revolving credit line and no debt maturities until May 2027 [7] Future Outlook - No formal financial guidance was provided for future quarters, making the outlook dependent on property-level performance and tenant challenges [15] - Management emphasized the need to monitor tenant credit events, acquisition opportunities, and regulatory trends in the sector [15]

Core Insights - Chimera Investment Corporation reported a decline in earnings available for distribution to $0.39 per diluted share, missing analysts' estimates by approximately 15% [1] - GAAP earnings per diluted share fell to $0.17, down from $0.41 in Q2 2024, while GAAP interest income revenue increased to $201.3 million [1] Financial Performance - Non-GAAP EPS for Q2 2025 was $0.39, below the estimate of $0.46, but up 5.4% from $0.37 in Q2 2024 [2] - GAAP EPS decreased by 58.5% year-over-year from $0.41 in Q2 2024 [2] - Economic net interest income (Non-GAAP) was $69.1 million, down 4.5% from $72.4 million in Q2 2024 [2] - The GAAP book value per share decreased to $20.91, with a modest economic return of 0.5% [7] Business Overview - Chimera specializes in investing in residential mortgage assets, focusing on generating income from a diversified asset portfolio [3] - The company invests primarily in mortgage-backed securities and residential mortgage loans, while also managing risk and regulatory compliance [3][4] Strategic Initiatives - The company is expanding its investment in Agency residential mortgage-backed securities, which increased from 3.7% of the portfolio at year-end 2024 to 18.2% by June 30, 2025, valued at approximately $2.68 billion [5] - Loans held for investment decreased from 88.0% to 74.6% of the book, while non-Agency RMBS allocations slightly dropped [6] - The company is pursuing acquisitions, including HomeXpress Mortgage Corporation, to enhance its origination capabilities [5][10] Risk Management - Cash reserves increased to $250 million, and secured financing agreements rose to $4.56 billion, indicating a focus on maintaining high liquidity [9] - GAAP leverage increased to 4.5x, reflecting larger Agency MBS positions, while serious delinquencies in the reperforming loan portfolio remained steady at 8.9% [10] Outlook - Management did not provide explicit financial guidance but indicated a focus on deploying recently unlocked capital, with 30% to 40% already invested early in Q3 2025 [14] - Key risks include rising market leverage and increasing non-QM delinquency rates, which may impact future performance [15]

TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust ("ERES" or the "REIT") (TSX: ERE.UN) announced today its results for the three and six months ended June 30, 2025. ERES’s unaudited condensed consolidated interim financial statements and management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2025 can be found at www.eresreit.com or under ERES's profile at SEDAR+ at www.sedarplus.ca. SIGNIFICANT EVENTS AND HIGHLIGHTS Strategic Init ...

Core Insights - NewLake Capital Partners, Inc. reported a revenue of $12.9 million for the second quarter of 2025, reflecting a year-over-year increase of 3.8% [1][5] - The net income attributable to common stockholders for the same period was $7.3 million, up from $6.8 million in the previous year [5] - The company declared a second quarter dividend of $0.43 per common share, maintaining a 79% AFFO payout ratio [2][14] Financial Highlights - Funds from Operations (FFO) totaled $11.4 million, representing a 7.7% increase year-over-year [5] - Adjusted Funds from Operations (AFFO) reached $11.5 million, marking a 4.0% increase compared to the same quarter in 2024 [5] - For the first half of 2025, total revenue was $26.1 million, an increase of 4.3% from $25.1 million in the same period of 2024 [5] Balance Sheet and Liquidity - As of June 30, 2025, cash and cash equivalents stood at $21.9 million, with total liquidity of $104.3 million [5] - The company reported a gross real estate asset value of $432.2 million, with a debt to total gross assets ratio of 1.6% [5] - There are no debt maturities until May 2027, indicating a stable financial position [5] Investment Activity - The company engaged in significant investment activity, acquiring properties valued at $1.735 million during the first half of 2025 [6][7] - A deed-for-deed like-kind exchange was completed on June 12, 2025, involving a dispensary property, which was recorded at an estimated fair value of $950 thousand [7] Tenant Condition and Challenges - Revolutionary Clinics faced operational challenges, resulting in a stipulation agreement to receive 50% of contractual rent on a weekly basis [9] - AYR Wellness Inc., which operates at two of the company's properties, announced a restructuring support agreement, representing approximately 5.9% of the company's rental revenue for the first half of 2025 [15] Conference Call and Future Outlook - A conference call and webcast are scheduled for August 7, 2025, to discuss the quarterly financial results and operational highlights [16]

Core Viewpoint - Net Lease Office Properties (NLOP) has declared a special cash distribution of $3.10 per common share, amounting to approximately $45.9 million, payable on September 3, 2025 [1]. Company Overview - NLOP is a publicly traded real estate investment trust (REIT) that owns a portfolio of high-quality office properties primarily leased to corporate tenants on a single-tenant net lease basis [3]. - The majority of NLOP's properties are located in the U.S., with one property situated in Europe [3]. Financial Information - The special cash distribution is payable to shareholders of record as of the close of business on August 18, 2025 [1].

Group 1 - American Healthcare REIT, Inc. has been certified as a Great Place to Work® for 2025, reflecting positive employee feedback and an independent analysis [1][2] - 91% of employees at American Healthcare REIT reported that it is a great place to work, which is 34 points higher than the average U.S. company [2] - The certification is a recognition of the company's commitment to providing high-quality care and fostering a culture of purpose, development, and growth for employees [3] Group 2 - Great Place To Work® has over 30 years of research on workplace culture and its certification serves as a global benchmark for outstanding employee experience [4] - More than 10,000 companies across 60 countries apply for the Great Place To Work Certification™ each year [4] Group 3 - American Healthcare REIT, Inc. is a real estate investment trust that focuses on acquiring, owning, and operating a diversified portfolio of clinical healthcare real estate, primarily in senior housing, skilled nursing facilities, and outpatient medical buildings [5]

Core Insights - High dividend yields are attractive, but total return, which includes both dividend yield and share price change, is a more relevant measure of stock performance [1] - Five stocks are highlighted for their strong total returns and significant dividend increases of 10% or more in 2025 [2] Company Summaries Comfort Systems USA (FIX) - Announced a 10% increase in its quarterly dividend to $0.50, payable on Aug. 25 [2] - Current dividend yield is 0.26%, with a payout ratio of 9.25% and a 13-year track record of dividend payments [2] - Despite a low yield, the stock has risen over 600% since early 2022, reflecting strong earnings momentum and investor confidence [4] Wingstop (WING) - Achieved a total return of nearly 28% in 2025, with an 11% increase in its quarterly dividend to $1.08 [6] - Current dividend yield is 0.32%, with a payout ratio of 18% and a 7-year track record of dividend payments [5] - The stock's quarterly payout has grown at a compound annual growth rate of over 16% in the past three years [7] McKesson (MCK) - Recently increased its quarterly dividend by 15% to $0.82, payable on Oct. 1 [9] - Current dividend yield is 0.40%, with a payout ratio of 10.99% and a 17-year track record of dividend payments [9] - The stock has provided a total return of around 23% in 2025, with consistent dividend increases enhancing long-term value [11] Encompass Health (EHC) - Announced a nearly 12% increase in its quarterly dividend to $0.19, payable on Oct. 15 [12] - Current dividend yield is 0.58%, with a payout ratio of 14.05% and a 2-year track record of dividend payments [12] - The company has achieved a total return of over 18% in 2025, indicating a focus on long-term capital returns [13] Welltower (WELL) - Increased its quarterly dividend by 10.4% to $0.74, payable on Aug. 21 [15] - Current dividend yield is 1.59%, with a payout ratio of 151.41% and a 2-year track record of dividend payments [14] - The stock has achieved a total return of over 33% in 2025, reflecting improving fundamentals and consistent dividend growth [16] Overall Market Trends - The five highlighted stocks are increasing their dividends, which is crucial as they have experienced significant share price appreciation [18] - Dividend increases help mitigate the decline in yield due to rising share prices, enhancing the overall return profile for investors [18]

Core Viewpoint - One Liberty Properties (OLP) reported its Q2 2025 financial results, showing revenue growth but missing consensus estimates, with a focus on industrial properties and a strategic shift towards reducing retail exposure [1][2][4]. Financial Performance - Revenue (GAAP) for Q2 2025 was $24.479 million, up 12.3% year-over-year but missed estimates by 2.08% [1][2]. - Funds from Operations (FFO) increased 4.7% to $0.45 per share, while Adjusted Funds from Operations rose 2.1% to $0.49 per share [5][2]. - Net income (GAAP) decreased to $8.4 million, down 12.5% from the previous year [2][7]. Business Model and Strategy - The company focuses on long-term net leases in the industrial sector, managing 105 properties with 74% of base rent from industrial assets [3][4]. - Recent strategy includes selling non-industrial assets and acquiring industrial properties with long-term leases featuring annual rent increases [4][8]. Rental Income and Asset Management - Rental income increased to $24.5 million, driven by acquisitions and lease activity, with many leases tied to inflation measures [6][8]. - The company reported lower gains on asset sales at $6.5 million compared to $7.4 million in Q2 2024, impacting net income [7]. Acquisitions and Future Outlook - OLP agreed to acquire a 210,600 square foot industrial facility in South Carolina for $24 million, with expected annual rent of $1.5 million and 3.5% annual increases [8][11]. - Year-to-date acquisitions exceeded $112 million, further shifting the portfolio towards industrial assets [8][10]. - Management anticipates recognizing gains from upcoming asset sales, which could enhance future net income [11][12]. Operational Metrics - The occupancy rate was reported at 99.2%, with key tenants including FedEx and Amazon, reducing risk associated with single leases [10]. - The company has a $100 million undrawn credit facility available, but rising interest expenses from recent mortgage debt could pressure margins [12].

Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks can be challenging due to inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - CareTrust REIT (CTRE) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for attracting investor attention, with double-digit growth being particularly desirable [4] - CareTrust REIT has a historical EPS growth rate of 1.1%, but projected EPS growth for this year is expected to be 21.2%, significantly outperforming the industry average of 1.4% [5] Group 3: Cash Flow Growth - Higher-than-average cash flow growth is essential for growth-oriented companies, enabling expansion without relying on external funding [6] - CareTrust REIT's year-over-year cash flow growth is currently at 67.6%, far exceeding the industry average of 2.7% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 12.5%, compared to the industry average of 3.1% [7] Group 4: Earnings Estimate Revisions - Trends in earnings estimate revisions are important indicators of near-term stock price movements, with positive trends being favorable [8] - CareTrust REIT has seen upward revisions in current-year earnings estimates, with the Zacks Consensus Estimate increasing by 0.3% over the past month [8] Group 5: Overall Assessment - CareTrust REIT has achieved a Growth Score of B and a Zacks Rank of 2 due to positive earnings estimate revisions, indicating potential for outperformance and suitability for growth investors [10]