Core Viewpoint - MacKenzie Realty Capital, Inc. has announced a 1-for-10 reverse stock split to increase its share price and meet Nasdaq listing requirements [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split will convert ten existing shares into one new share, reducing the total shares outstanding from approximately 15,781,930 to about 1,578,192 [2]. - No fractional shares will be issued; instead, stockholders entitled to a fractional share will receive cash equivalent to the fraction multiplied by the closing price prior to the split [2]. - The effective date of the reverse stock split will be announced at least two business days before implementation [4]. Group 2: Stockholder Information - Stockholders of record will not need to take action to receive post-split shares, as their positions will be automatically adjusted [3]. - Stockholders holding shares through banks or brokers should check with their respective institutions for specific procedures regarding the reverse stock split [3]. Group 3: Company Overview - MacKenzie Realty Capital, founded in 2013, is a West Coast-focused REIT aiming to invest at least 80% of its total assets in real property, with a portfolio consisting of approximately 50% multifamily and 50% boutique class A office properties [5]. - The company has consistently paid dividends since its inception and currently holds interests in 4 multifamily properties and 8 office properties, along with 2 multifamily developments [5].

HONOLULU, July 7, 2025 /PRNewswire/ -- Alexander & Baldwin, Inc. (NYSE: ALEX) ("A&B" or "Company"), a Hawai'i-based owner, operator, and developer of high-quality commercial real estate in Hawai'i, will report results for the second quarter 2025, after the market closes, on Thursday, July 24, 2025. In connection with this announcement, A&B will host a conference call and webcast on Thursday, July 24, 2025, at 5:00 p.m. ET.The call and webcast will feature a discussion on second quarter 2025 operating and fi ...

Key Takeaways BXP stock surged 10.3% in a month, outpacing its industry and the broader market. Leasing volume reached 1.4M sq ft through April, with major tenants committing to long-term leases. BXP is advancing $2.26B in developments, including 71%-pre-leased life-science projects under construction.BXP, Inc. (BXP) , the largest publicly traded developer, owner and manager of premier workplaces in the United States, recently experienced a significant upturn in its stock price, gaining 10.3% over the pas ...

Key Takeaways SLG stock rose 12.7% in 3 months, outpacing the industry's 0.1% decline on strong leasing demand. SLG signed 45 leases for 0.6M sq. ft. in Q1 2025, driven by high-end amenities and prime NYC locations. Long-term leases, tenant diversity and property sales boost SLG's portfolio strength and cash flow stability.SL Green Realty (SLG) shares have risen 12.7% in the past three months compared to the industry's fall of 0.1%.The company’s high-quality portfolio is well-poised for growth, given tena ...

Core Insights - Crown Realty Partners has acquired two Class A office properties, 1111 & 1122 International Boulevard, totaling 271,571 square feet on 12.8 acres in Burlington, Ontario [1] - The properties are strategically located alongside the QEW and near Appleby GO Station, offering a premier suburban office experience with 87% occupancy by national and multinational financial services tenants [2][3] - This acquisition is part of Crown's strategy to invest in well-located, well-built assets, supported by a $260 million fund focused on active leasing and operational excellence [3] Company Overview - Crown Realty Partners is an integrated commercial real estate investment and management firm with a focus on value-add opportunities in Ontario, managing over 10 million square feet of real assets [4] - The firm has a strong track record and an experienced team, emphasizing a hands-on approach to deliver superior returns for investors and enhance workplace environments for tenants [4]

VANCOUVER, June 13, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the second quarter of 2025.Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payable ...

Key Takeaways HIW secured 750,000 square feet of Q2 leasing through June 2, including 300,000 square feet of new deals. HIW's portfolio focus on high-growth Sun Belt markets is aiding rent growth and leasing strength. HIW sold $146.3M in non-core assets and bought a Class AA tower in Raleigh in early 2025.Highwoods Properties (HIW) shares have rallied 8.3% in the past three months, against the industry’s fall of 0.2%.In early June, HIW announced that it has signed more than 750,000 square feet of second-g ...

5月随着"一揽子金融政策支持稳市场稳预期"，以及中办、国办印发《关于持续推进城市更新行动的意 见》的出台，为进一步降低购房者的购房成本，支持居民住房需求释放带来利好，提振了楼市信心。 据中房指数系统百城价格指数监测，2025年5月，全国100个城市新建住宅平均价格环比上涨0.3%，同 比上涨2.56%，整体较上月继续上涨。其中，从涨跌城市个数看，33个城市环比上涨，50多个城市环比 下跌，13个城市持平。西安作为新房价格指数上涨的城市之一，同比涨幅为3.66%，环比涨幅为 0.37%。 具体来看，虽然有均价高达3.38万元/m²的华发安泊府、2.48万元/m²越秀高新璞悦等改善项目高调入 市，但难掩市场成交整体同比下滑的趋势。 据CRIES中指数据库监测，2025年1-5月，西安共推出40宗住宅用地，规划建面超过360万m²；成交29宗 住宅用地，总规划建筑面积超过251万m²，成交楼面价7413元/m²，同比上涨23.63%。 此外1-5月，西安共推出13宗商办用地，规划建面超过43万m²；成交9宗商办用地，规划建面超过31万 m²，成交楼面价1975元/m²，同比上涨36.1%。 （文章来源：南方都市报） ...

Core Insights - Highwoods Properties, Inc. (HIW) has signed over 750,000 square feet of second-generation leases from the beginning of the second quarter through June 2, 2025, including more than 300,000 square feet of new leases [1][7] - The company is experiencing a recovery in demand for its office properties, driven by organizations emphasizing return-to-office mandates, which is propelling leasing activity [2][3] Company Performance - In the first quarter of 2025, HIW signed approximately 691,000 square feet of second-generation leases, with nearly 244,000 square feet being new leases [3] - The company has a well-diversified tenant base and is focusing on expansion in high-growth markets, which are key growth drivers [3] - Over the past three months, HIW's shares have gained 8.4%, contrasting with a 1.3% decline in the industry [4] Future Outlook - HIW expects occupancy growth in late 2025, supported by a strong leasing pipeline [2][7] - The healthy volume of leases executed in the first five months of the year positions the company for future growth in occupancy [2]

Summary of Alexander & Baldwin (ALEX) 2025 Conference Call Company Overview - **Company Name**: Alexander & Baldwin (ALEX) - **Type**: Diversified Hawaiian Real Estate Investment Trust (REIT) - **History**: Established 155 years ago, converted to a REIT in 2017 - **Focus**: Exclusively operates in Hawaii, leveraging unique market conditions and high barriers to entry [2][4] Portfolio Composition - **Net Operating Income (NOI) Breakdown**: - Retail: Approximately 66% (primarily grocery-anchored) [4][6] - Industrial: About 18% [5][6] - Ground Leases: Roughly 17% [5][6] - Office: Approximately 3-4% (considered non-strategic) [5][9] Growth Opportunities - **Retail Sector**: Strong fundamentals with potential for tenant demand growth; many large retailers lack a presence in Hawaii, presenting long-term opportunities [6][7] - **Industrial Sector**: Extremely tight market with a vacancy rate of 1.2% on Oahu; logistical challenges create opportunities for growth [7][8] - **Existing Portfolio**: High occupancy rates (95.4% overall, 95.2% in retail) with potential for further increases [11] Recent Transactions and Developments - **Maui Business Park**: Secured a 75-year ground lease with a self-storage developer; ongoing construction of a 30,000 square foot industrial building [13][15] - **Oahu Developments**: Building a 21,000 square foot facility pre-leased to Lowe's, capitalizing on retail-driven industrial demand [16][17] Financial Metrics - **Debt Metrics**: Net debt to adjusted EBITDA ratio of 3.6 times; total liquidity over $300 million [26] - **Dividend Policy**: Targets a payout of 100% of re-taxable income; consistent dividend payer since REIT conversion [27][28] Economic Context - **Tourism Impact**: Tourism accounts for about 20% of Hawaii's GDP; visitor counts up 3.2% year-to-date compared to 2024, though still below pre-COVID levels [30][31] - **Government Spending**: Also represents about 20% of GDP; stable federal funding due to Hawaii's strategic military importance [32][33] Challenges and Barriers - **Zoning and Development**: High barriers to entry for new developments; lengthy entitlement processes can take years [39][40] - **Construction Costs**: Elevated due to reliance on imported materials; management's local expertise helps navigate these challenges [41] Investment Thesis - **Differentiated Strategy**: Focused on Hawaii with a diverse asset class portfolio; historically strong performance with a CAGR in same-store NOI growth [42][43] - **Valuation Opportunity**: Current stock price does not reflect the underlying real estate value and growth potential [44] Conclusion - **Overall Positioning**: Alexander & Baldwin presents a unique investment opportunity in a specialized market with strong fundamentals and growth potential, despite challenges in development and construction [42][44]