VEREIT® Announces First Quarter 2021 Operating Results
News provided by
Share this article
Share this article
PHOENIX, May 6, 2021 /PRNewswire/ VEREIT, Inc. (NYSE: VER) ( VEREIT or the Company ) announced today its operating results for the three months ending March 31, 2021.
First Quarter 2021 Financial and Operating Highlights
Net income of $120.7 million and net income per diluted share of $0.50
Achieved $0.80 AFFO per diluted share
Rent collection of 99%
Compared to last quarter, Total debt - as reported decreased from $5.9 billion to $5.6 billion; Adjusted Principal Outstanding decreased from $6.1 billion to $5.8 billion; Net Debt decreased from $5.6 billion to $5.5 billion; and Net Debt to Normalized EBITDA decreased from 5.64x to 5.45x
Information Venture Partners Closes Third Venture Capital Fund at $101M
ACCESSWIRE
05 May 2021, 23:19 GMT+10
The closing of Fund III validates the growing appetite for early-stage investment opportunities in North American B2B financial technology and enterprise SaaS companies
TORONTO, ON / ACCESSWIRE / May 5, 2021 / Information Venture Partners ( Information VP ), a Toronto-based venture capital firm that primarily invests in early-stage B2B fintech and enterprise software companies modernizing financial services, announced today that it has closed its third investment fund. At US$101 million , Information Venture Partners Fund III is backed by a number of Limited Partners who have invested with Information VP since its inception and include the five largest institutional fund of fund investors that support the Canadian venture capital ecosystem. The commitments also came from some of North America s top financial institutions, including: four of Canada s six largest banks, othe
Share this article
NEW YORK, May 5, 2021 /PRNewswire/
Alkymi, a leader in decision intelligence and developer of Alkymi Data Inbox, today announced the launch of Alkymi Patterns, the first tool that gives business users a simple way to identify and extract data in real-time to automate business processes running on email and documents. Alkymi is also announcing strong business momentum, including more than 400% revenue growth over the last twelve months through established financial services customers such as SimCorp and partners such as Wipro.
In enterprises worldwide, the potential business value in unstructured email and document data is immense, but the process for unlocking it is broken. Efficiently capturing this business data - for example when onboarding a new customer - requires significant operational resources and time with the ever-present possibility of data loss and inadvertent human mistakes. This results in increasingly taxing workloads on employees as business
Share this article
Share this article
ALLSTON, Mass., May 5, 2021 /PRNewswire/ On June 30, 2021, New England Realty Associates Limited Partnership
(NYSE MKT: NEN) will make its quarterly distribution to its Class A Limited Partners and holders of Depositary Receipts of record as of June 15, 2021. The quarterly distribution per Class A Limited Partnership Unit will be $9.60 per Unit. The quarterly distribution per Depositary Receipt will be $0.32. Each Depositary Receipt represents a beneficial ownership of one-thirtieth of a Class A Partnership Unit. Depositary Receipts are listed on The NYSE MKT under the trading symbol NEN .
SOURCE New England Realty Associates Limited Partnership Related Links
Share on
The second wave of COVID-19 is different from the first wave. There was a lot of uncertainty last year, but now, everybody has personally experienced the pandemic and the lockdown, and its impact on health, family, friends, jobs, and businesses at least once.
Painful and discomforting experiences are generally good teachers and provide lifelong lessons.
What have investors learnt from the pandemic that we are seeing a surge in investments in the midst of the second wave?
There is a broader sense of continuity that the world will continue to function and a brief understanding of which sectors will get impacted in what way.