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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Exantas Capital Corp. Expands Its Lending Platform To Include Fixed-Rate Commercial Real Estate Loans, Enhancing Options for its Borrowers

Posted on 2/24/2020 by in Exantas Capital Corp.

Exantas Capital Corp. (NYSE:XAN) (the “Company” or “Exantas”) announced that it has expanded its commercial real estate debt platform to include fixed-rate commercial real estate loans through the integration of C-III Commercial Mortgage with its affiliate and external manager, Exantas Capital Manager.

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

Posted on 12/11/2019 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 December 31, 2019. The dividend will be paid on January 28, 2020 to holders of record on December 31, 2019.

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Exantas Capital Corp. Reports Results For Three And Nine Months Ended September 30, 2019

Posted on 10/30/2019 by in Exantas Capital Corp.

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

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Resource Credit Income Fund (RCIAX) Announces Quarterly Distribution

Posted on 10/3/2019 by 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 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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