EXPANDS FOOTPRINT INTO NASHVILLE, TENNESSEE ENTERS EIGHTH NEW U.S. STATE OF WEST VIRGINIA ANNOUNCES US$60 MILLION PUBLIC EQUITY OFFERING Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 17, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today announced that… [Read More]
SmartCentres Declares Distribution for April 2024
TORONTO, April 17, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of April 2024 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on May 15, 2024 to unitholders… [Read More]
Civeo Announces First Quarter 2024 Earnings Conference Call
HOUSTON & CALGARY, Alberta–(BUSINESS WIRE)–Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its first quarter 2024 earnings conference call for Friday, April 26th, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the first quarter 2024, which will be released before the market opens on Friday, April 26, 2024.
By Phone:
Dial 877-423-9813 inside the U.S. or 201-689-8573 internationally and ask for the Civeo call or provide the conference ID: 13746099# at least 10 minutes prior to the start time.
A replay will be available through May 3rd by dialing 844-512-2921 inside the U.S. or 412-317-6671 internationally and using the conference ID 13746099#.
By Webcast:
Connect to the webcast via the Events and Presentations page of Civeo’s Investor Relations website at www.civeo.com.
Please log in at least 10 minutes in advance to register and download any necessary software.
A webcast replay will be available after the call.
About Civeo:
Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently operates a total of 24 lodges and villages in Canada, Australia and the U.S., with an aggregate of approximately 26,000 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. For more information, please visit Civeo’s website at www.civeo.com.
Contacts
Regan Nielsen
Civeo Corporation
Vice President, Corporate Development & Investor Relations
713-510-2400
Melcor REIT announces appointment of Barry James and Brandon Kot as Melcor REIT Trustees and provides strategic review update
EDMONTON, Alberta, April 16, 2024 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (“Melcor REIT” or the “REIT”) (TSX: MR.UN) today announces the appointment of Barry James, FCA, FCPA, ICD.D and Brandon Kot as new Trustees of Melcor REIT effective immediately. Mr. James brings extensive board and financial experience to the REIT. Mr. James qualified… [Read More]
Flagship Communities Real Estate Investment Trust Announces April 2024 Cash Distribution
Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 16, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0492 per REIT unit for the month of April 2024, representing US$0.59 per REIT unit on an annual basis…. [Read More]
SmartCentres Real Estate Investment Trust to Release 2024 First Quarter Results and Host Conference Call
TORONTO, April 16, 2024 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that it will be reporting its financial results for the three months ended March 31, 2024 after the market closes on Wednesday, May 8, 2024. Management will hold a conference call on Thursday, May 9, 2024 at 3:00… [Read More]
SmartStop Self Storage REIT, Inc. Acquires New Facility in Colorado Springs, Colorado
LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”), a self-managed and fully integrated self-storage company, announced today its acquisition of a self-storage facility spanning approximately 64,700 net rentable square feet in Colorado Springs, Colorado. The facility comprises 20 single-story buildings with approximately 450 units offering convenient drive-up access, 24-hour video surveillance, and approximately 100 parking spaces. It also features a two-story leasing office with approximately 30 climate-controlled, single-tenant office suites.
Situated at 3150 Boychuk Avenue, the facility sits across from a retail center that houses a bank, grocery store, and various dining establishments and is within a 10-minute drive of the Colorado Springs airport. In addition to dense three- and five-mile populations with above-average household incomes, the facility is located within five miles of the Fort Carson U.S. Army Post and Peterson Space Force Base, which include approximately 45,000 military personnel. The Colorado Springs location will serve Southeast Colorado Springs, Stratmoor, Stratmoor Hills, Stratton Meadows, and Security-Widefield.
“We are thrilled to announce the launch of our second self-storage facility in Colorado Springs,” stated Wayne Johnson, President of SmartStop. “This expansion underscores our ongoing dedication to offering well-maintained solutions with valuable amenities for our customers.”
About SmartStop Self Storage REIT, Inc. (SmartStop):
SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a fully integrated operations team of approximately 500 self-storage professionals focused on growing the SmartStop® Self Storage brand. SmartStop, through its indirect subsidiary SmartStop REIT Advisors, LLC, also sponsors other self-storage programs. As of April 12, 2024, SmartStop has an owned or managed portfolio of 196 operating properties in 22 states and Canada, comprising approximately 138,100 units and 15.6 million rentable square feet. SmartStop and its affiliates own or manage 34 operating self-storage properties in Canada, which total approximately 29,700 units and 3.0 million rentable square feet. Additional information regarding SmartStop is available at www.smartstopselfstorage.com.
Contacts
David Corak
VP of Corporate Finance
SmartStop Self Storage REIT, Inc.
IR@smartstop.com
Allied Announces April 2024 Distribution
TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — Allied Properties REIT (“Allied”) (TSX:AP.UN) announced today that the Trustees of Allied have declared a distribution of $0.15 per unit for the month of April 2024, representing $1.80 per unit on an annualized basis. The distribution will be payable on May 15, 2024, to unitholders of record as… [Read More]
ERES REIT Declares April 2024 Monthly Distribution
TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the April 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “April Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will… [Read More]
CAPREIT Announces April 2024 Distribution
TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its April 2024 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The April 2024 distribution will be payable on May 15, 2024 to Unitholders of record at the close… [Read More]
Flagship Communities Real Estate Investment Trust Announces April 2024 Cash Distribution
Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, April 15, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (the “REIT”) (TSX:MHC.U; MHC.UN) announced today a cash distribution of US$0.0492 per REIT unit for the month of April 2024, representing US$0.59 per REIT unit on an annual basis…. [Read More]
PACS Group, Inc. Announces Pricing of Its Upsized Initial Public Offering
FARMINGTON, Utah–(BUSINESS WIRE)–PACS Group, Inc. (“PACS” or the “Company”) today announced the pricing of its upsized initial public offering of 21,428,572 shares of its common stock being sold by the Company at a public offering price of $21.00 per share, for total gross proceeds of approximately $450 million, before deducting underwriting discounts and commissions and offering expenses. In addition, certain selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,214,284 shares of the Company’s common stock at the initial public offering price, less underwriting discounts and commissions. PACS will not receive any proceeds from any sale of shares by the selling stockholders. The shares are expected to begin trading on the New York Stock Exchange on April 11, 2024, under the ticker symbol “PACS.” The offering is expected to close on April 15, 2024, subject to customary closing conditions.
Citigroup, J.P. Morgan and Truist Securities are acting as lead book-running managers for the offering. RBC Capital Markets and Goldman Sachs & Co. LLC are acting as joint book-running managers. Stephens Inc., KeyBanc Capital Markets, Oppenheimer & Co. and Regions Securities LLC are acting as co-manager.
A registration statement relating to the securities was declared effective by the U.S. Securities and Exchange Commission. This offering is being made only by means of a prospectus, copies of which may be obtained, when available, from: Citigroup Global Markets Inc. at 388 Greenwich Street, New York, New York 10013, Attention: General Counsel, facsimile number: +1 (646) 291-1469; J.P. Morgan Securities LLC at 383 Madison Avenue, New York, New York 10179, Attention: Equity Syndicate Desk, facsimile number: +1 (212) 622-8358; and Truist Securities, Inc. at 3333 Peachtree Road NE, 11th Floor, Atlanta, GA 30326, Attention: Equity Capital Markets, facsimile number: (404) 816-8535.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About PACS Group, Inc.
PACS is a holding company investing in post-acute healthcare facilities, professionals, and ancillary services. Founded in 2013, PACS is one of the largest post-acute platforms in the United States. Its independent subsidiaries operate over 200 post-acute care facilities across nine states serving over 20,000 patients daily.
Contacts
Brooks Stevenson
VP Corporate Communications
(801) 597-9538
Brooks.Stevenson@pacs.com
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