News

Resource Real Estate Diversified Income Fund (RREDX) Announces Quarterly Distribution

Posted on 10/3/2019 by Kay Mellinger in Resource Real Estate DIF

PHILADELPHIA, Oct. 03, 2019 (GLOBE NEWSWIRE) -- Resource Real Estate Diversified Income Fund (the “Fund,” ticker RREDX) today announced its quarterly distribution of $0.15* per share as of September 30, 2019. This represents a 5.64 percent annualized quarterly distribution, placing it in excess of the Fund’s five percent target.** The Fund began trading on March 12, 2013 and closed the quarter as of September 30, 2019 with an inception-to-date cumulative total return of 57.17 percent.

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Resource Credit Income Fund (RCIAX) Announces Quarterly Distribution

Posted on 10/3/2019 by Kay Mellinger in Resource Credit Income Fund

PHILADELPHIA, Oct. 03, 2019 (GLOBE NEWSWIRE) -- Resource Credit Income Fund (the “Fund,” ticker RCIAX) today announced its quarterly distribution of $0.175* per share as of September 30, 2019. This represents a 6.48 percent annualized quarterly distribution. The Fund began trading on April 17, 2015 and closed the quarter as of September 30, 2019 with an inception-to-date cumulative total return of 35.58 percent.

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Exantas Capital Corp. Declares Quarterly Cash Dividends for Common Stock and Series C Preferred Stock

Posted on 9/12/2019 by Kay Mellinger in Exantas Capital Corp.

Exantas Capital Corp. (NYSE:XAN) (the "Company") announced today that its Board of Directors declared a cash dividend of $0.25 per common share for the quarter ending September 30, 2019. The dividend will be paid on October 25, 2019 to holders of record on September 30, 2019.

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Exantas Capital Corp. Reports Results For Three And Six Months Ended June 30, 2019

Posted on 7/31/2019 by Kay Mellinger in Exantas Capital Corp.

Exantas Capital Corp. (NYSE: XAN) ("XAN" or the "Company") reports results for the three and six months ended June 30, 2019.

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Resource Credit Income Fund (RCIAX) Announces Quarterly Distribution

Posted on 7/2/2019 by Kay Mellinger in Resource Credit Income Fund

PHILADELPHIA, July 02, 2019 (GLOBE NEWSWIRE) -- Resource Credit Income Fund (the “Fund,” ticker RCIAX) today announced its quarterly distribution of $0.175* per share as of June 30, 2019. This represents a 6.4 percent annualized quarterly distribution. The Fund began trading on April 17, 2015 and closed the quarter as of June 30, 2019 with an inception-to-date cumulative total return of 35.15 percent.

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Resource Real Estate Diversified Income Fund (RREDX) Announces Quarterly Distribution

Posted on 7/2/2019 by Kay Mellinger in Resource Real Estate DIF

PHILADELPHIA, July 02, 2019 (GLOBE NEWSWIRE) -- Resource Real Estate Diversified Income Fund (the “Fund,” ticker RREDX) today announced its quarterly distribution of $0.150* per share as of June 30, 2019. This represents a 5.73 percent annualized quarterly distribution, placing it in excess of the Fund’s five percent target.** The Fund began trading on March 12, 2013 and closed the quarter as of June 30, 2019 with an inception-to-date cumulative total return of 52.51 percent.

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Resource Apartment REIT III, Inc. Purchases The Summit

Posted on 6/26/2019 by Kay Mellinger in Apartment REIT III

PHILADELPHIA, June 26, 2019 (GLOBE NEWSWIRE) -- Resource Apartment REIT III, Inc. (the “REIT”), through its operating partnership, completed the purchase of The Summit, a 141-unit high-rise apartment community located in Alexandria, Virginia, a suburb of Washington, D.C. Built in 1976, The Summit features spacious floorplans and an amenity package that includes a fitness center and an outdoor pool with seating and lounge areas.

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Exantas Capital Corp. Declares Quarterly Cash Dividends for Common Stock and Series C Preferred Stock

Posted on 6/12/2019 by Kay Mellinger in Exantas Capital Corp.

Exantas Capital Corp. (NYSE: XAN) (the "Company") announced today that its Board of Directors declared a cash dividend of $0.225 per common share for the quarter ending June 30, 2019.

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Exantas Capital Corp. Announces Acquisition of a $197 Million Portfolio of Floating-Rate Commercial Real Estate Mortgage Loans from C-III Commercial Mortgage

Posted on 5/29/2019 by Kay Mellinger in Exantas Capital Corp.

Exantas Capital Corp. (NYSE: XAN) (the "Company" or "Exantas") announced that it acquired a $196.8 million portfolio of floating-rate commercial real estate mortgage loans from C-III Commercial Mortgage LLC , which is an affiliate of the Company's external manager.

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Morningstar Credit Ratings Affirms MOR CS1 Commercial Mortgage Special-Servicer Ranking and MOR CS2 Commercial Mortgage Primary-Servicer Ranking for C-III Asset Management

Posted on 5/23/2019 by Kay Mellinger

May 23, 2019—Morningstar Credit Ratings, LLC today affirmed its MOR CS1 commercial mortgage special-servicer ranking and MOR CS2 commercial mortgage primary-servicer ranking for C-III Asset Management LLC, a wholly owned subsidiary of C-III Capital Partners LLC. Morningstar’s forecast for both rankings remains Stable.

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