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PW News and Press, Power REIT From 12/19/20

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Company Name: Power REIT
Stock Symbol: PW
Market: NYSE
Website: pwreit.com

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PW - Santa Delivers Special REIT Dividends

U.S. equity markets extended their vaccine-driven rally despite the ongoing stimulus stalemate as encouraging vaccine developments, strong housing data, and a dovish Fed lifted equity markets to fresh records. Finishing just below its intra-week record-highs, the S&P 500 gain...

PW - Power REIT to raise capital via rights offering to existing shareholders

Power REIT (PW) plans to conduct a rights offering to offer existing holders of its common shares the ability to participate in providing capital to the Power REIT on a non-dilutive basis.Proceeds to be used for financing acquisitions of real property assets, in particular real estate wi...

PW - Power REIT Announces Rights Offering to Existing Common Shareholders to Raise Capital for Acquisitions

Sets December 28, 2020 as Record Date Old Bethpage, New York, Dec. 18, 2020 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it intends to conduct a rights offering (the “Rights Offering&#...

PW - Cannabis REITs: High On Growth

High Flyers: Cannabis REITs have been far-and-away the best-performing property sector for the second year in a row in 2020, soaring more than 150% despite the ongoing pandemic. Marijuana has continued along the seemingly unceasing path towards legalization. After the 2020 election, m...

PW - Power REIT boost Core FFO through property acquisition

Power REIT (PW) has acquired a 2.11 acre parcel in Crowley County, Colorado through a wholly owned subsidiary, PropCo. As part of the transaction, Power REIT has agreed to fund the immediate construction of an 18,528 square foot greenhouse and processing facility for ~$1.3M including the...

PW - Power REIT Acquires Property for Greenhouse Cannabis Cultivation in Highly Accretive Transaction

Old Bethpage, New York, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it acquired a 2.11 acre parcel in Crowley County, Colorado (the “Property”) through a wholly owned sub...

PW - Vaccine Powers REITs To Historic Rebound

U.S. equity markets climbed to record-highs this past week on positive trial results for a COVID-19 vaccine, a potentially major breakthrough hailed as a "great day for science and humanity." Adding to its 7% post-election surge, the S&P 500 gained 2.3% this past week to...

PW - Greystone Capital Q3 2020 Letter To Clients

Greystone Capital is a long only, equity focused Registered Investment Adviser located in West Chester, PA. The firm utilizes a fundamental research process focused on identifying mispriced small and microcap securities in order to build a concentrated portfolio of high conviction investm...

PW - LU leads financial gainers, PW and LC among losers

Gainers: Lufax Holding (LU) +19%. OFS Capital (OFS) +12%. First Bancorp (FBNC) +10%. HCI Group (HCI) +9%. Tanger Factory Outlet Centers (SKT) +8%.Losers: Impac Mortgage Holdings (IMH) -17%. Seritage Growth Properties (SRG) -11%. Power REIT (PW) -10%. LendingClub (LC) -8%. Elevate Credit (ELVT...

PW - DXF leads financial gainers, TREE and DNK among losers

Gainers: Dunxin Financial Holdings (DXF) +16%. Innovative Industrial Properties (IIPR) +15%. Power REIT (PW) +13%. Banco BBVA Argentina (BBAR) +11%.Losers: LendingTree (TREE) -16%. CorEnergy Infrastructure Trust (CORR) -12%. Phoenix Tree Holdings (DNK) -12%. For further details see: DXF...

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