VEREIT

PREIT Completes Financial Restructuring and Implements Changes to Management and Board

Retrieved on: 
Monday, April 1, 2024
Management, Bankruptcy, Plan, Howard Hughes Corporation, JV, LPT, COVID-19, FDP, PREIT, Brookfield Properties, Vicinity Centres, The Rouse Company, International Council, Realty Income, VEREIT, GGP, ICSC, Fashion District Philadelphia, LP

Trade creditors and property level mortgage debt were unaffected by the restructuring.

Key Points: 
  • Trade creditors and property level mortgage debt were unaffected by the restructuring.
  • As a result of its corporate reorganization and consolidation of equity holders, PREIT is no longer an SEC reporting company.
  • In support of its go-forward business plan, PREIT is also announcing certain changes to its management and Board.
  • Mr. Coradino led PREIT through its comprehensive financial and corporate restructuring as discussed above, and now that such restructuring has been successfully completed, Mr. Coradino will no longer serve as Chief Executive Officer and trustee of PREIT, effective as of April 1, 2024.

Realty Income Appoints Gregory Whyte As Executive Vice President, Chief Operating Officer

Retrieved on: 
Wednesday, December 14, 2022
Morgan Stanley, UBS, Senior advisor, Financial compensation, Realty Income, Research, TIER, Real estate investment trust, NYSE, Uncertainty, Investment, COVID-19, VEREIT, Multimedia, Audit committee, Terrorism, Alexandria Real Estate Equities, Securities & Exchange Commission of Pakistan, REIT, SAN, Management

SAN DIEGO, Dec. 14, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced the appointment of Gregory J. Whyte as Executive Vice President, Chief Operating Officer.

Key Points: 
  • SAN DIEGO, Dec. 14, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced the appointment of Gregory J. Whyte as Executive Vice President, Chief Operating Officer.
  • "I am honored and excited to have Greg join Realty Income's senior management team to help support Realty Income's continued success.
  • "I have long admired the consistency and dependability of Realty Income's business model and the strength of its team, and I look forward to joining as Executive Vice President, Chief Operating Officer.
  • Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index.

ICSC Announces Glenn Rufrano to Continue as Chair in 2023; Jim Taylor Named Vice Chair

Retrieved on: 
Wednesday, December 7, 2022
Other Consumer, Online Retail, Consumer, Other Retail, Retail, Trust, Federal Realty Investment Trust, Cushman, Five Below, Trustee, Vice, ICSC, Treasurer, RH, Realty Income, Brixmor Property Group, VEREIT, Growth, Senior, Work, Rappaport family, Public policy, Real estate, Management, Property

ICSC announced today that Glenn Rufrano, former Chief Executive Officer of VEREIT, will continue as the organizations Chairman, and Jim Taylor, President & Chief Executive Officer of Brixmor Property Group, will serve as Vice Chairman for the 2023 term.

Key Points: 
  • ICSC announced today that Glenn Rufrano, former Chief Executive Officer of VEREIT, will continue as the organizations Chairman, and Jim Taylor, President & Chief Executive Officer of Brixmor Property Group, will serve as Vice Chairman for the 2023 term.
  • Rufrano most recently served as the Chief Executive Officer of VEREIT, prior to its merger with Realty Income in November 2021, and has served as ICSCs Chairman since 2022.
  • Jim will be a strong addition to our leadership as Vice Chair, bringing decades of experience in the Marketplaces Industry and strategic vision to the table.
  • Im pleased to continue serving as Chair of ICSC in 2023, and I look forward to working together with Jim and serving our fellow ICSC members in the year to come, said Rufrano.

Realty Income Announces Third Quarter 2022 Earnings Release Date

Retrieved on: 
Thursday, September 29, 2022
Realty Income, COVID-19, Terrorism, NYSE, Securities Exchange Act of 1934, Securities Act of 1933, ID, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, REIT, Industry, Forward-looking statement, Investment, Uncertainty, VEREIT, SAN, Multimedia, International, Income, View, Lists of disasters

SAN DIEGO, Sept. 29, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced the company will release its operating results for the quarter ended September 30, 2022 after the market closes on November 2, 2022.

Key Points: 
  • SAN DIEGO, Sept. 29, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced the company will release its operating results for the quarter ended September 30, 2022 after the market closes on November 2, 2022.
  • The company will host its conference call on November 3, 2022 at 11:30 a.m. PT to discuss the operating results.
  • Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index.
  • Those forward-looking statements are not guarantees of future plans and performance and speak only as of the date of this press release.

Realty Income Announces $1.5 Billion Euro Commercial Paper Program

Retrieved on: 
Thursday, July 28, 2022
VEREIT, Investment, View, Realty Income, Lists of disasters, U.S. Securities and Exchange Commission, Forward-looking statement, SAN, NYSE, Terrorism, Private Securities Litigation Reform Act, Securities Act of 1933, REIT, Uncertainty, COVID-19, Multimedia, Securities Exchange Act of 1934, Program, Security (finance)

SAN DIEGO, July 28, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that it has established a $1.5 billion European commercial paper program (the "program").

Key Points: 
  • SAN DIEGO, July 28, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that it has established a $1.5 billion European commercial paper program (the "program").
  • The company now has a combined $3.0 billion of commercial paper capacity, including its recently upsized $1.5 billion U.S. commercial paper program.
  • Under the terms of the program, the company may issue and have outstanding at any time unsecured commercial paper notes, issuable in U.S.
  • The company expects to use its $4.25 billion multicurrency revolving credit facility as a liquidity backstop for the repayment of the notes issued under the program and the U.S. commercial paper program.

Realty Income Announces Second Quarter 2022 Earnings Release Date

Retrieved on: 
Thursday, July 7, 2022
VEREIT, View, Securities Exchange Act of 1934, Securities Act of 1933, Income, REIT, International, COVID-19, Realty Income, U.S. Securities and Exchange Commission, SAN, Terrorism, Investment, Private Securities Litigation Reform Act, NYSE, Lists of disasters, Uncertainty, Multimedia, Forward-looking statement

SAN DIEGO, July 7, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced the company will release its operating results for the quarter ended June 30, 2022 after the market closes on August 3, 2022.

Key Points: 
  • SAN DIEGO, July 7, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced the company will release its operating results for the quarter ended June 30, 2022 after the market closes on August 3, 2022.
  • The company will host its conference call on August 4, 2022 at 11:30 a.m. PT to discuss the operating results.
  • Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats index.
  • Those forward-looking statements are not guarantees of future plans and performance and speak only as of the date of this press release.

Realty Income Announces Expanded $4.25 Billion Unsecured Revolving Credit Facility

Retrieved on: 
Thursday, April 28, 2022
Royal Bank, Citizens Bank, Credit Suisse, U.S. Securities and Exchange Commission, Scotiabank, TD Bank, Multimedia, View, Uncertainty, BNP Paribas, NYSE, Treasurer, Wells Fargo, Truist Financial, Terrorism, BofA Securities, Realty Income, Securities Exchange Act of 1934, Private Securities Litigation Reform Act, BBVA, Bank, Citibank, Comerica, Securities & Exchange Commission of Pakistan, LLC, UBS AG, U.S. Bancorp, COVID-19, Forward-looking statement, VEREIT, UBS, Lists of disasters, Regions Financial Corporation, Bank of America, SOFR, Barclays, PNC Financial Services, Chase Bank, JPMorgan Chase, Investment, National Association, BMO Harris Bank, SAN, Securities Act of 1933, Huntington Bancshares, BNY Mellon, A3, Royal Bank of Canada, Associated Banc-Corp, REIT, TD, S.A

SAN DIEGO, April 28, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that it has closed on an amended $4.25 billion multicurrency unsecured revolving credit facility, which replaces the company's existing $3.0 billion unsecured revolving credit facility.

Key Points: 
  • SAN DIEGO, April 28, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that it has closed on an amended $4.25 billion multicurrency unsecured revolving credit facility, which replaces the company's existing $3.0 billion unsecured revolving credit facility.
  • The capacity of the revolving credit facility can be increased to $5.25 billion with an accordion expansion feature, which is subject to obtaining lender commitments.
  • The revolving credit facility initially matures in June 2026 and includes two six-month extensions that can be exercised at the company's option.
  • A total of 25 lenders are participating in the revolving credit facility, including Wells Fargo Bank, National Association, as the Administrative Agent.

Pico Announces Lauren Goldberg as General Counsel and Corporate Secretary

Retrieved on: 
Tuesday, April 26, 2022
VEREIT, CEO, Corporation, Wharton School of the University of Pennsylvania, PWC, Wendell Pritchett, Risk management, Economics, Software, Telemetry, Columbia Law School, Compliance, Leadership, Freedom, General counsel, GLOBE, Solution, PricewaterhouseCoopers, Corvil, Technology, Cooper, Lauren, Industry, University, Acquisition, Risk, Assistant United States Attorney, Management

NEW YORK, April 26, 2022 (GLOBE NEWSWIRE) -- Pico , a leading provider of mission critical technology, software, data and analytic services for the financial markets community, has named Lauren Goldberg as General Counsel and Corporate Secretary.

Key Points: 
  • NEW YORK, April 26, 2022 (GLOBE NEWSWIRE) -- Pico , a leading provider of mission critical technology, software, data and analytic services for the financial markets community, has named Lauren Goldberg as General Counsel and Corporate Secretary.
  • Lauren has more than 25 years of legal experience, including serving previously as the General Counsel of two public companies, VEREIT, Inc. and Revlon.
  • Lauren is an excellent addition and further strengthens our executive leadership team, and I am delighted to welcome her to Pico, said Jarrod Yuster, Chairman, Founder and CEO at Pico.
  • She is a highly adept, commercially oriented attorney with deep experience in corporate governance, risk management and M&A transactions and has served as General Counsel at multiple public companies.

Realty Income Announces First Quarter 2022 Earnings Release Date

Retrieved on: 
Thursday, April 7, 2022
Pandemic, Income, VEREIT, Forward-looking statement, Multimedia, NYSE, Realty Income, REIT, Terrorism, U.S. Securities and Exchange Commission, International, COVID-19, SAN, Uncertainty, Video game, Bank

SAN DIEGO, April 7, 2022 /PRNewswire/ --Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced the company will release its operating results for the quarter ended March 31, 2022 after the market closes on May 4, 2022.

Key Points: 
  • SAN DIEGO, April 7, 2022 /PRNewswire/ --Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced the company will release its operating results for the quarter ended March 31, 2022 after the market closes on May 4, 2022.
  • Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocratsindex.
  • Actual plans and operating results may differ materially from what is expressed or forecasted in this press release.
  • Realty Income does not undertake any obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date these statements were made.

Realty Income Publishes Second Annual Sustainability Report

Retrieved on: 
Monday, April 4, 2022
Sustainability reporting, Pandemic, Income, VEREIT, Forward-looking statement, Multimedia, NYSE, Realty Income, Goal, ESG, United Nations Sustainable Development Group, REIT, Terrorism, U.S. Securities and Exchange Commission, Disclosure, COVID-19, Sustainability, SAN, Uncertainty

SAN DIEGO, April 4, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that it published its second annual Sustainability Report which covers its 2021 environmental, social and governance ("ESG") initiatives and progress.

Key Points: 
  • SAN DIEGO, April 4, 2022 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company, today announced that it published its second annual Sustainability Report which covers its 2021 environmental, social and governance ("ESG") initiatives and progress.
  • "We continue to advance our sustainability initiatives across our business through the strength of our partnerships with all stakeholders.
  • Since publishing our inaugural Sustainability Report last year, we have made significant strides towards being a sustainability leader in the net lease REIT industry.
  • Realty Income, The Monthly Dividend Company, is an S&P 500 company and member of the S&P 500 Dividend Aristocratsindex.