CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) Declares Monthly Distribution for February

The MarketWatch News Department was not involved in the creation of this content.

The Board of Trustees of the CBRE Clarion Global Real Estate Income Fund (NYSE: IGR) (the “Fund”) has declared a monthly distribution of $0.05 per share for the month of February 2021. The following dates apply:

IGR’s current annualized distribution rate is 8.4{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} based on the closing market price of $7.17 on February 4, 2021, and 7.4{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} based on a closing NAV of $8.13 as of the same date.

Future earnings of the Fund cannot be guaranteed, and the Fund’s distribution policy is subject to change. For more information on the Fund, please visit www.cbreclarion.com.

The Fund’s monthly distribution is set by its Board of Trustees. The Board reviews the Fund’s distribution on a quarterly basis in view of its net investment income, realized and unrealized gains, and other net unrealized appreciation or income expected during the remainder of the year. The Fund strives to establish a level monthly distribution that, over the course of the year, will serve to distribute an amount closely approximating the Fund’s net investment income and net realized capital gains during the year.

CBRE Clarion Global Real Estate Income Fund is

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Millennials Use Online Real Estate Investing To Earn $100k Passive Income

The real estate industry has come out as a winner in 2020 with a stable bullish trend that is likely to continue. While some say that another housing bubble awaits us, the Urban Land Institute’s latest report mentions that the real estate sector is expected to observe peak land appreciation in 2022 with single-family rentals leading the way.

According to the American Modern Insurance Group, over 64 million millennials dream of becoming a homeowner someday, . Given that 56{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} of millennials are in debt and behind on retirement savings, the high-capital entry into real estate investing stands in the way of their long-standing dreams.

For ages now, real estate has been controlled by elites. 90{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} of millionaires created wealth by owning properties, but the times are changing. Fintechs have made it possible to remotely invest in real estate that generates passive income from day one. Before delving into how you can buy a house outright with your credit card, let’s talk about what you should invest your money in and why.

Why Own a Single-Family Rental?

Real estate investing
Sebastian Sørensen/pexels.com

Data from the Wall Street Journal estimates that there are over 16 million single-family rental homes in the US. The

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Apollo Commercial Real Estate Finance, Inc. Announces 2020 Dividend Income Tax Treatment

The MarketWatch News Department was not involved in the creation of this content.

NEW YORK, Jan 27, 2021 (GLOBE NEWSWIRE via COMTEX) —
NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company” or “ARI”) (NYSE:ARI) today announced the estimated federal income tax treatment of the Company’s 2020 distributions on its common stock (CUSIP #03762U105) and on its 8.00{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} Fixed-to-Floating Series B Cumulative Redeemable Perpetual Preferred Stock.

The federal income tax classification of the 2020 distributions on the Company’s common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table:

Record Date Payable Date Total Distribution Per Share Ordinary Income Per Share (2) Return of Capital Per Share Capital Gain Per Share
12/31/2019 01/15/2020 $0.46 $0.1816 $0.2784
03/31/2020 04/15/2020 $0.40 $0.1579 $0.2421
06/30/2020 07/15/2020 $0.35 $0.1382 $0.2118
09/30/2020 10/15/2020 $0.35 $0.1382 $0.2118
12/31/2020(1) 01/15/2021 $0.35

(1) Pursuant to Section 857(b)(9) of the Internal Revenue Code of 1986, as amended, cash distributions made on January 15, 2021 to stockholders of record as of December 31, 2020, are treated, to the extent of the Company’s 2020 tax earnings and

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Blackstone Real Estate Income Trust and LBA Logistics Announce $1.6B Industrial Recapitalization

The MarketWatch News Department was not involved in the creation of this content.

Blackstone Real Estate Income Trust, Inc. (“BREIT”) and LBA Logistics (“LBA”) today announced the recapitalization of two industrial portfolios owned by LBA comprising $1.6 billion of gross value. BREIT acquired an approximately 60{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} combined interest across both portfolios, and LBA’s investment fund and its investors retained the balance.

The portfolios comprise 71 high quality assets totaling 9.5 million square feet and are approximately 95{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} occupied. The assets are located predominantly in last mile locations in West Coast markets with the vast majority in California and Seattle, which are two of the best performing industrial markets in the country.

Brian Kim, Head of Acquisitions & Capital Markets for BREIT, said, “This transaction represents a compelling opportunity to acquire high-quality last mile industrial assets on behalf of our BREIT investors. Logistics is one of our highest conviction investment themes globally, and this acquisition illustrates BREIT’s continued momentum executing on exciting opportunities with significant growth potential. LBA Logistics is a best-in-class operator in the logistics sector, and we look forward to expanding our partnership with them.”

Phil Belling, LBA’s Managing Partner, added, “These assets are benefitting from the strong fundamentals

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