REIT - Spark Newswire

2 minute read

Cannabis-Focused REIT NewLake Capital: Q3 Revenue Spikes 135% YoY On Heels Of $102M IPO

November 12, 11:28 AM

NewLake Capital Partners, Inc. (OCTQX: NLCP), a provider of real estate capital to state-licensed cannabis operators, announced its financial results Friday for the third quarter ended Sept. 30.

NLCP

2 minute read

Zoned Properties Posts 28% Revenue Growth In Q3, Successfully Builds Professional Team

By Jelena Martinovic

November 10, 12:46 PM

Cannabis real estate development firm Zoned Properties, Inc. (OTCQB: ZDPY) announced its financial results for the three and nine months ended Sept. 30, reporting that its revenue increased by 28% year-over-year to $387,365 in the third quarter.

ZDPY

1 minute read

NewLake Capital Partners Loans $30 Million To PA Cannabis Cultivation Facility

By Nina Zdinjak

November 5, 1:22 PM

Cannabis-focused REIT NewLake Capital Partners, Inc. (OTCQX: NLCP) announced it has provided a nine-month senior secured loan to Hero Diversified Associates, Inc. (“HDAI”), which owns a state-licensed grower and processor of medical marijuana in Pennsylvania.

NLCP

2 minute read

Cannabis REIT AFC Gamma Reports 276% Net Income Growth Reaching $7.9M In Q2

By Nina Zdinjak

November 4, 10:42 AM

AFC Gamma Inc. (NASDAQ: AFCG) released its results Thursday for the quarter ended September 30, 2021, reporting net income of $7.9 million versus net income of $2.11 million in the same period of the prior year.

AFCG

2 minute read

Cannabis REIT IIP Reports Q3 Revenue Growth 57% YoY, 28% Higher Dividends

By Nina Zdinjak

November 4, 10:01 AM

Cannabis-focused REIT Innovative Industrial Properties, Inc. (NYSE: IIPR) released its third-quarter earnings on Wednesday with total revenue of around $53.9 million, up by 57% year-over-year from $34.3 million.

AAWH

4 minute read

Stock Wars: Equity LifeStyle Properties Vs. Sun Communities

By Phil Hall

October 27, 11:55 AM

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

$DOGE

3 minute read

Real Estate Execs On Maximizing Cannabis Capital Efficiency Via REIT Relationships

By Wayne Duggan

October 15, 3:20 PM

At the Benzinga Cannabis Capital Conference Thursday, Rob Sechrist, president of Pelorus Equity Group and co-manager of The Pelorus Fund, Anthony Coniglio, CEO of Newlake Capital Partners Inc (OTCQX: NLCP) and Rob

NLCP

2 minute read

These 5 Cannabis Stocks Have More Than Doubled Their Prices In The Last Year—And You Can Meet Their Management

By Natan Ponieman

October 11, 3:25 PM

With new jurisdictions coming online on a consistent basis and the increasing expectation of federal legalization knocking on Congress’ gates, the cannabis industry is more mature and established than it has ever been before.

CGC

1 minute read

AFC Gamma Announces $100M Raise Via Offering Of Senior Unsecured Notes Due 2027

By Jelena Martinovic

October 6, 1:37 PM

Cannabis-focused commercial real estate finance company AFC Gamma, Inc. (NASDAQ: AFCG) is raising $100 million through a private offering of senior unsecured notes due in 2027 to qualified institutional buyers.

AFCG

2 minute read

REIT M&A Volume Reaches $108B Year-To-Date

By Phil Hall

October 6, 12:56 PM

Merger and acquisition activity within the real estate investment trust sector this year reached hit $108 billion in transaction volume as of Sept. 30, according to new data published by JLL (NYSE: JLL).

JLL