PW News and Press, Power REIT From 05/29/21

U.S. equity markets rallied this past week as long-term inflation expectations eased following a lukewarm slate of economic data and as massive new government spending programs face diminishing public support. Snapping a two-week skid, the S&P 500 rallied 1.2% on the week. Bitcoin...

Yesterday, I interviewed Innovative Industrial Properties CEO Paul Smithers and CFO Catherine Hastings for iREIT on Alpha. Its recent bond offering crystalizes IIPR’s exceptional cost of capital, where the spreads are at all-time highs. In terms of the boring “yield ...

Power REIT ([[PW]] +1.8%) to acquire greenhouse cannabis cultivation and processing facility for ~$18.5M. The property is strategically located in an area that offers the potential for unlimited cannabis cultivation licenses and features 522,530 square-feet of high-tech greenhouse and pr...

Greenhouse w ill b e O perated as a Michigan Regulated Cannabis Cultivation and Processing Facility and will be the Largest of its kind in Michigan and one of the Largest in the Unite d States Old Bethpage, New York, May 25, 2021 (GLOBE NEWSWI...

REITs recorded a sequential improvement across all critical metrics in Q1, powering a historic wave of dividend growth in early 2021. However, several harder-hit property sectors are far from fully-recovered. The Great Financial Crisis resulted in long-term, lasting pain for the real ...

The following slide deck was published by Power REIT in conjunction with this event. For further details see: Power REIT (PW) Investor Presentation - Slideshow

Power REIT ([[PW]] +2.8%) through its wholly owned subsidiary acquired a 35-acre property located in Huerfano County, Colorado which currently has multiple greenhouses and support buildings which will be upgraded through a redevelopment plan that Power REIT will fund along...

Old Bethpage, New York, May 24, 2021 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”) today announced that it has acquired a 35-acre property located in Huerfano County, Colorado (the “Property”) through a whol...

Overshadowed by concerns about rising inflation, a frenzy of real estate earnings reports over the last month has provided critical information on the state of the real estate industry. Results were better than expected across most major property sectors with roughly 80% of the 170 eq...

Power REIT is generating massive yields on property acquisitions, straight-line rental yields average 18%. Power REIT maintains a very low cost of capital relative to their yields being generated, fueling future earnings growth for the company. The company's lease structures are v...