Page 40 - Equity Commonwealth News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MONMOUTH REAL ESTATE REPORTS RESULTS FOR THE SECOND QUARTER ENDED MARCH 31, 2021 HOLMDEL, NJ, May 04, 2021 (GLOBE NEWSWIRE) — Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Income Attributable to Common Shareholders of $25.9 million or $0.26 per diluted share for the three months ended March 31, 2021 as compared to Net (Loss) Attributable to Common Shareholders of $(75.1) million or $(0.77) per diluted share for the three months ended March 31, 2020, representing an increase of $101.0 million or $1.03 per diluted share. During the three months ended March 31, 2021, we r...

Operator Greetings, and welcome to Equity Commonwealth First Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to your host, Sarah Byrnes, Senior Vice President, Investor Relations and Capital Markets. Thank you. You may begin. Sarah C. Byrnes -- Senior Vice President of Investor Relations and Capital Markets Thanks, Rob. Good morning, and thank you for joining us today. We will be discussing the recently announced merger between Equity Commonwealth and Monmouth Real Estate Investment Corporation. On the call today from Equity Commonw...

Sam Zell makes a huge play into industrial real estate game As demand and deliveries in industrial real estate continue to grow, it could be expected that more players will join the table. However, one veteran investor is looking to jump head first into the industrial sector by making a huge move on a well established east coast company. According to Crain’s Chicago Business, billionaire Sam Zell is putting down upwards of $3.4 billion to acquire the New Jersey based Monmouth Real Estate Investment Corporation. Crain’s reports that the company currently owns and manages 24.5 million squar...

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Must reads from around the commercial real estate industry for May 6, 2021.