News

Resource Real Estate, LLC Responds to COVID-19

Posted on 3/30/2020 by in Resource Real Estate

Resource Real Estate, LLC (“Resource”), as the sponsor of Resource Real Estate Opportunity REIT, Inc., Resource Real Estate Opportunity REIT II, Inc., and Resource Apartment REIT III, Inc. (collectively the “REITs”), announces the following statement regarding the management of these companies.

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Exantas Capital Corp. Provides Update on Status of Financing Arrangements as of March 25, 2020

Posted on 3/25/2020 by in Exantas Capital Corp.

Exantas Capital Corp. (NYSE:XAN) (the "Company") announced today that, due to the turmoil in the financial markets resulting from the global pandemic of the COVID-19 virus, the Company and its subsidiaries have received margin calls from CMBS repo financing counterparties.

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

Posted on 3/11/2020 by in Exantas Capital Corp.

Exantas Capital Corp. (NYSE: XAN) (the "Company") announced today that its Board of Directors declared a cash dividend of $0.275 per common share for the quarter ending March 31, 2020. The dividend will be paid on April 28, 2020 to holders of record on March 31, 2020.

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Exantas Capital Corp. Reports Results For Three Months And Year Ended December 31, 2019

Posted on 3/3/2020 by in Exantas Capital Corp.

Exantas Capital Corp. (NYSE: XAN) ("XAN" or the "Company") reports results for the three months and year ended December 31, 2019.

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Exantas Capital Corp. Announces Pricing of a $522.6 Million CLO Backed by Commercial Mortgage Loans

Posted on 3/3/2020 by in Exantas Capital Corp.

Exantas Capital Corp. (NYSE: XAN) (the "Company") announced that its newly formed subsidiary, Exantas Capital Corp. 2020-RSO8, Ltd. (the "Issuer"), will issue $435.7 million of non-recourse, floating-rate notes ("Offered Notes," the "Securities" or the "Offering") at a weighted average cost of the one-month London Interbank Offered Rate ("LIBOR")+143 basis points.

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