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JLL Income Property Trust Increases and Extends $1 Billion Credit Facility
CHICAGO, Might 3, 2022 /PRNewswire/ — JLL Money Home Have faith in, an institutionally managed everyday NAV REIT (NASDAQ: ZIPTAX ZIPTMX ZIPIAX ZIPIMX) with $6.3 billion in portfolio property right now announced it has secured a $1 billion credit score facility with a syndicate of nine sector-major real estate lenders. The credit history facility incorporates a $600 million revolving line of credit history and a $400 million time period personal loan with an accordion characteristic that can improve the facility up to a total of $1.3 billion. It has a three-yr expression, moreover extension selections and bears an interest amount dependent on Modified Phrase SOFR as well as .10{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, moreover…
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Inflation increases prices of home furniture and remodeling
Lorena Fortuna, right, and her partner Anderson, holding their daughter Valentina, search at outdoor household furniture at the Jordan’s Household furniture retailer in Looking at, Mass. on Friday, June 7, 2019. Gregory Rec | Portland Push Herald | Getty Photographs Need for dwelling reworking jumped considerably in the last two decades, as Americans hunkered down in their houses and observed every little thing that essential an up grade. Now inflation has elevated the price ranges of a lot of products individuals want for a household revamp. Price ranges for all residence furnishings rose 1.6{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in January thirty day period to month and jumped 9.3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} calendar year above 12 months, in…
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Alpine Income Property Trust Increases Quarterly Dividend by 5.9{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} and Declares Dividend for the Fourth Quarter 2021
DAYTONA BEACH, Fla., Nov. 22, 2021 (GLOBE NEWSWIRE) — Alpine Income Property Trust, Inc. (NYSE: PINE) (the “Company”) announced today that its Board of Directors has authorized, and the Company has declared a 5.9{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} increase in the Company’s quarterly cash dividend to $0.27 per share of common stock for the fourth quarter of 2021 as compared to its previous quarterly cash dividend of $0.255 per share of common stock. The dividend is payable on December 30, 2021 to stockholders of record as of the close of business on December 9, 2021. The ex-dividend date for the fourth quarter 2021 cash dividend is December 8, 2021. The fourth quarter 2021 cash…
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