News

NAI Global Announces 2019 NAI Leadership Board

Posted on 1/29/2019 by in NAI Global

NAI Global, a leading global commercial real estate brokerage firm, today announced its members of the 2019 NAI Leadership Board.

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Resource Credit Income Fund (RCIAX) Announces Quarterly Distribution

Posted on 1/7/2019 by in Resource Credit Income Fund

Resource Credit Income Fund (the “Fund,” ticker RCIAX) today announced its quarterly distribution of $0.175* per share as of December 31, 2018. This represents a 6.8 percent annualized quarterly distribution. The Fund began trading on April 17, 2015 and closed the quarter as of December 31, 2018 with an inception-to-date cumulative total return of 23.72 percent.

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

Posted on 1/7/2019 by in Resource Real Estate DIF

Resource Real Estate Diversified Income Fund (the “Fund,” ticker RREDX) today announced its quarterly distribution of $0.150* per share as of December 31, 2018. This represents a 6.0 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 December 31, 2018 with an inception-to-date cumulative total return of 41.12 percent.

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

Posted on 12/12/2018 by in Exantas Capital Corp.

Exantas Capital Corp. (NYSE:XAN) (the “Company”) (formerly known as Resource Capital Corp.) announced today that its Board of Directors declared a cash dividend of $0.175 per common share for the quarter ending December 31, 2018. The dividend will be paid on January 25, 2019 to holders of record on December 31, 2018.

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Exantas Capital Corp. Reports Results for Three and Nine Months Ended September 30, 2018

Posted on 10/30/2018 by in Exantas Capital Corp.

Exantas Capital Corp. (NYSE: XAN) ("XAN" or the "Company") (formerly known as Resource Capital Corp.) reports results for the three and nine months ended September 30, 2018.

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C-III Asset Management LLC Rankings Affirmed;Outlooks Are Stable

Posted on 10/16/2018 by in C-III Capital Partners

NEW YORK (S&P Global Ratings) Oct. 16, 2018--S&P Global Ratings today affirmed its ABOVE AVERAGE ranking on C-III Asset Management LLC (C-III) as a commercial mortgage loan primary servicer and its STRONG ranking as a commercial mortgage loan special servicer. The outlooks are stable.

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

Posted on 10/10/2018 by in Resource Real Estate DIF

Philadelphia, PA (October 10, 2018) – Resource Real Estate Diversified Income Fund (the “Fund,” ticker RREDX) today announced its quarterly distribution of $0.150* per share as of September 30, 2018. This represents a 5.8 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, 2018 with an inception-to-date cumulative total return of 45.4 percent.

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Resource Credit Income Fund (RCIAX) Announces Quarterly Distribution

Posted on 10/10/2018 by in Resource Credit Income Fund

Resource Credit Income Fund (the “Fund,” ticker RCIAX) today announced its quarterly distribution of $0.175* per share as of September 30, 2018. This represents a 6.3 percent annualized quarterly distribution – the Fund’s ninth consecutive distribution.

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Resource Apartment REIT III, Inc. Purchases The Park at Kensington; An Apartment Community Located at the Epicenter of the Growing Tampa Submarket

Posted on 9/17/2018 by in Apartment REIT III

Philadelphia, PA (September 17, 2018) – Resource Apartment REIT III, Inc. (the “REIT”), through its operating partnership, completed the purchase of The Park at Kensington, an apartment community located in the prospering market of Tampa, Florida. Built in 1990, the 204-unit community features a resort-style, multi-level pool, remodeled clubhouse, lakeside family BBQ area, and lighted tennis court.

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

Posted on 9/13/2018 by in Exantas Capital Corp.

Exantas Capital Corp. (NYSE:XAN) (the “Company”) (formerly known as Resource Capital Corp.) announced today that its Board of Directors declared a cash dividend of $0.15 per common share for the quarter ending September 30, 2018. The dividend will be paid on October 26, 2018 to holders of record on September 28, 2018.

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