VER News and Press, VEREIT Inc. From 12/19/20

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...

On Thursday, shares of VEREIT (NYSE: VER) closed at around $7.70 a share. Today, they opened the day at around $37 per share. The math on that gain, however, isn't worth doing. This price move was expected well in advance and is virtually meaningless. On Nov. 5, when the net-lea...

VEREIT® Completes One-for-Five Reverse Stock Split PHOENIX , Dec. 17, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company"), a full-service real estate operating company which owns and manages one of the largest portfolios of single-tenant c...

Investors in REITs need to consider their alternatives. To make it easier, we’re adding an index of charts for several metrics. Many investors believe that demanding a high-return, often through dividend yield is enough to get it. They can demand until they are blue in the face...

Vereit (VER) plans to redeem on Jan. 15, 2021 4M shares of its 6.70% series F cumulative redeemable preferred stock, representing ~21.2% of its ~18.9M shares of series F preferred stock outstanding.Vereit will redeem the series F preferred at a redemption price of $25.00 per share.That comes ...

VEREIT® Announces $100 Million Partial Redemption of 6.70% Series F Cumulative Redeemable Preferred Stock PHOENIX , Dec. 16, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company"), a full-service real estate operating company which owns and m...

All four major U.S. equity indexes closed this past week at fresh record highs on signs of progress on stalled stimulus talks and the first regulatory approval of a coronavirus vaccine. Having now rebounded by over 65% from its pandemic lows, the S&P 500 rallied another 1.7% this ...

Net Lease REITs, which were punished during the worst of the economic lockdowns, have rebounded over the last several months as shutdown-sensitive tenants reopen their doors and rent collection normalizes. Despite their heavy retail exposure, more net lease REITs have raised their div...

Vereit (VER) announces about 97% of rent collected for November, inline with October's figure.The company is on target to hit the high end of Q4 2020-to-Q1 2021 acquisition pipeline of $150M-$300M, with $75M done so far this quarter at a cap rate above 7%.As part of the planned disposition pr...

VEREIT® Announces November Rent Collection of 97% and Provides Transaction Activity Update PHOENIX , Dec. 2, 2020 /PRNewswire/ -- VEREIT, Inc. (NYSE: VER) ("VEREIT" or the "Company"), a full-service real estate operating company which owns and manages one of the lar...