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SmartStop Self Storage and AXCS Capital Form Strategic Joint Venture to Provide Bridge Debt and Preferred Equity Capital Across the Self-Storage Sector

LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, and AXCS Capital (“AXCS”), a Los Angeles-based commercial real estate investment management firm, announced the formation of a real estate credit joint venture (the “Venture”) targeting bridge debt and preferred equity investments across the self-storage...
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Stratus Properties Inc. Board of Directors Unanimously Approves Plan to Dissolve and Sell All Assets, Estimating Total Stockholder Distributions of $29.73 to $37.69 Per Share

AUSTIN, Texas--(BUSINESS WIRE)--Stratus Properties Inc. (NASDAQ: STRS) (“Stratus” or the “Company”) today announced that its Board of Directors (the “Board”) has unanimously approved a plan of complete liquidation and dissolution (the “Plan”) following conclusion of the strategic review announced on March 11, 2026. The Plan provides that the Company will be dissolved and will conduct an orderly sale of all or substantially all of the Company’s assets and distribute the net proceeds to the Compa...
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Cantor Fitzgerald Income Trust, Inc. Announces Offering of Series A Preferred Stock

NEW YORK--(BUSINESS WIRE)--Cantor Fitzgerald Income Trust, Inc., a Maryland corporation (the “Company”), today announced the commencement of a proposed underwritten public offering of 2,000,000 shares of its Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”). The Company also expects to grant the underwriters a 30-day option to purchase an additional 300,000 shares of the Series A Preferred Stock to cover over-allotments, if any. The Series A Preferred Stock will ha...
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Rithm Capital Corp. Declares First Quarter 2026 Common and Preferred Dividends

NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE:RITM, “Rithm Capital” or the “Company”) announced today that its Board of Directors (the “Board”) has declared its first quarter 2026 common and preferred stock dividends. “Today’s announcement marks our 52nd consecutive quarterly dividend since our founding in 2013, reflecting the consistency of our earnings and disciplined approach to capital allocation,” said Michael Nierenberg, Chairman and CEO of Rithm Capital. “Our durable earnings, str...
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Acadia Realty Trust to Announce First Quarter 2026 Earnings on April 28, 2026

RYE, N.Y.--(BUSINESS WIRE)--Acadia Realty Trust (NYSE: AKR) (“Acadia” or the “Company”) will release its first quarter 2026 earnings after market close on Tuesday, April 28, 2026. Management will conduct a conference call on Wednesday, April 29, 2026, at 11:00 AM ET to review the Company’s earnings and operating results. Participant registration and webcast information is listed below. Live Conference Call:   Date: Wednesday, April 29, 2026 Time: 11:00 AM ET Participant Call: First Quarter 2026...
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CEC Facilities Secures 379,009 SF Industrial Lease in Grand Prairie, Texas

GRAND PRAIRIE, Texas--(BUSINESS WIRE)--Davidson Bogel Real Estate (DB2RE) is pleased to announce that CEC Facilities (“CEC”) has leased 379,009 square feet at 2051 MacArthur Boulevard in Grand Prairie, establishing a larger, next-generation prefabrication and modular manufacturing hub to support the continued expansion of its mission-critical and large-scale industrial infrastructure business. “This facility marks the next phase in scaling our Integrated Modular Solutions platform. We’ve proven...
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Strategic Storage Trust VI, Inc. Announces Estimated Net Asset Value Per Share of $10.00

LADERA RANCH, Calif.--(BUSINESS WIRE)--Strategic Storage Trust VI, Inc. (“SST VI” or the “Company”), a publicly registered non-listed real estate investment trust sponsored by SmartStop Self Storage REIT, Inc., today announced that its board of directors (the “Board”) has approved an estimated net asset value (“NAV”) per share of $10.00 for its Class P, Class A, Class T, Class W, Class Y and Class Z common stock, calculated as of September 30, 2025. “We are pleased to reaffirm an estimated net...
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FCPT Announces Acquisition of a BluePearl Pet Hospital Property for $3.8 Million

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a BluePearl Pet Hospital property for $3.8 million. The property is located in a strong retail corridor in Colorado and is corporate-operated under a net lease with approximately five years of term remaining....
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RioCan Announces Interim Chief Financial Officer Appointment

TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the appointment of Franca Smith as Interim Chief Financial Officer, effective immediately, during the temporary medical leave of Dennis Blasutti. Ms. Smith joined RioCan in 2017 as Vice President, Finance, and has served as Senior Vice President, Finance since 2022. In this capacity, she leads the Trust’s financial reporting and controls, corporate taxation, accounting, and inte...
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Janus Living Closes on a New $600 Million Credit Facility to Enhance Liquidity and Support External Growth

DENVER--(BUSINESS WIRE)--Janus Living, Inc. (NYSE: JAN) (“Janus Living”), a pure-play senior housing real estate investment trust (REIT), announced today that it has closed on a new $500 million unsecured revolving credit facility (the “Revolving Facility”) and a $100 million unsecured delayed-draw term loan facility (the “Term Loan”, and together with the Revolving Facility, the “Credit Facility”). The Revolving Facility provides for borrowing up to $500 million and matures in March 2030, with...