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Majors Management Announces Acquisition Of The Retail Fuel Distribution Business Of The McPherson Companies

LAWRENCEVILLE, Ga.— Majors Management, LLC and its affiliates (“Majors”) have announced today its acquisition of 185 retail fuel supply contracts from The McPherson Companies, Inc. of Birmingham, AL (“McPherson”). The McPherson portfolio increases Majors’ existing presence in Alabama, Florida, Mississippi, and Tennessee and enhances Majors’ relationships with its valued branded supply partners, including Shell, Chevron, Exxon, Conoco and Citgo. “We are very pleased … Continue reading Majors Management Announces Acquisition Of The Retail Fuel Distribution Business Of The McPherson Companies

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SmartStop Asset Management Expands Leadership Team with the Addition of Brad Watt as Executive Vice President

LADERA RANCH, Calif.— SmartStop Asset Management, LLC, a diversified real estate company focused on student and senior housing, announced today that it has hired real estate investment veteran Brad Watt as executive vice president. “Brad is a proven leader with an exceptional talent for promoting growth,” said H. Michael Schwartz, founder, chairman and chief executive officer of SmartStop. “He … Continue reading SmartStop Asset Management Expands Leadership Team with the Addition of Brad Watt as Executive Vice President

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Lightstone Completes $103 Million Series B Bond Offering On Tel Aviv Stock Exchange

NEW YORK— Lightstone has completed a Series B bond offering of $103 million on the Tel Aviv Stock Exchange. The bonds were sold by Lightstone Enterprises Limited (LEI), a BVI-registered public company that is a wholly-owned entity of Lightstone. The bonds, rated A1 by Moody’s Midroog and A+ by S&P Maalot, are backed by a portfolio that included properties in New … Continue reading Lightstone Completes $103 Million Series B Bond Offering On Tel Aviv Stock Exchange

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JLL Income Property Trust Announces Tax Treatment of 2019 Distributions

CHICAGO—  JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), today announced the income tax treatment of its 2019 dividends.  For the tax year ended December 31, 2019, dividend tax reporting will show 100% long-term capital gain. As discussed in the company’s August 13, 2019 press release and subsequent 8-K filing, the company’s third … Continue reading JLL Income Property Trust Announces Tax Treatment of 2019 Distributions

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PREIT Schedules Fourth Quarter 2019 Earnings Release and Conference Call

PHILADELPHIA— Pennsylvania Real Estate Investment Trust (PREIT/NYSE: PEI) intends to release its financial results for the quarter ending December 31, 2019 after market trading closes on Tuesday, February 25, 2020.  Management has scheduled a conference call for 11:00 a.m. Eastern Time on Wednesday,February 26, 2020, to review the Company’s results and future outlook.  To listen to the call, please dial … Continue reading PREIT Schedules Fourth Quarter 2019 Earnings Release and Conference Call

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Grace Hill Launches First Element of Its Workforce Talent Management Platform for Multifamily Housing – Vision 2020

GREENVILLE, S.C.— Grace Hill, the leading provider of talent performance solutions for multifamily housing property management, announced today the launch of the first phase of its totally redesigned workforce talent management platform – Vision 2020. An advanced new software interface will deliver a greater level of usability and personalization to increase learner engagement and training program … Continue reading Grace Hill Launches First Element of Its Workforce Talent Management Platform for Multifamily Housing – Vision 2020

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Patrick Industries, Inc. Announces Fourth Quarter 2019 Earnings Release and Conference Call Webcast on February 13, 2020

ELKHART, Ind.— Patrick Industries, Inc. (NASDAQ: PATK), a major manufacturer and distributor of building and component products for the recreational vehicle, marine, manufactured housing and industrial markets, expects to release its fourth quarter and full year 2019 financial results before the market opens on Thursday, February 13, 2020. Patrick Industries also expects to host a conference call … Continue reading Patrick Industries, Inc. Announces Fourth Quarter 2019 Earnings Release and Conference Call Webcast on February 13, 2020

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PHFA’s executive director announces his retirement

HARRISBURG, Pa.– Brian A. Hudson Sr. today announced his retirement after 45 years of working at the Pennsylvania Housing Finance Agency. For the past 16 years, he has served as PHFA’s executive director and CEO, expanding the agency’s programs to better serve the housing needs of Pennsylvanians. Hudson is well known statewide and nationally as a leader … Continue reading PHFA’s executive director announces his retirement

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Preferred Apartment Communities, Inc. Announces Internalization Transaction

ATLANTA— On January 31, 2020, Preferred Apartment Communities, Inc. (NYSE: APTS) (“we,” “our,” “PAC,” the “Company” or “Preferred Apartment Communities”) internalized the functions performed by Preferred Apartment Advisors, LLC (the “Manager”) and NMP Advisors, LLC (the “Sub-Manager”) by acquiring the entities that own the Manager and the Sub-Manager (such transactions, collectively, the “Internalization”) for an aggregate purchase … Continue reading Preferred Apartment Communities, Inc. Announces Internalization Transaction

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FSK Announces Earnings Release and Conference Call Schedule for Fourth Quarter and Full Year 2019

PHILADELPHIA— FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its fourth quarter and full year 2019 results after the close of trading on the New York Stock Exchange on Thursday, February 27, 2020. FSK will host a conference call at 10:00 a.m. (Eastern Time) on Friday, February 28, 2020, to discuss its fourth quarter and full … Continue reading FSK Announces Earnings Release and Conference Call Schedule for Fourth Quarter and Full Year 2019

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