CubeSmart (CUBE) today announced its operating results for the three and six months ended June 30, 2020. Over the last few months, we have faced unprecedented challenges and uncertainty. Key Highlights for the Second Quarter COVID-19 Update The spread of COVID-19 and the corresponding government regulations have had an impact on the Companys business since mid-March.
- Reopened 36 hotels - Second quarter cash burn better than expected - Successfully amended unsecured debt to waive financial covenants - Continue to maintain strong liquidity with over $1B of cash BETHESDA, Md.---- RLJ Lodging Trust (RLJ) today reported results for the three and six months ended June 30, 2020 and is providing a business update on its operating performance related to the ongoing COV...
PennyMac Mortgage Investment Trust (PMT) today reported net income attributable to common shareholders of $458.4 million, or $4.51 per common share on a diluted basis for the second quarter of 2020, on net investment income of $558.3 million.
ATLANTA, Aug. 6, 2020 Invesco Mortgage Capital Inc. (IVR) today announced financial results for the quarter ended June 30, 2020. Update from John Anzalone, Chief Executive Officer "The Company's financial performance for the second quarter of 2020 continued to be driven by market disruption associated with the COVID-19 pandemic.
SCOTTSDALE, Ariz. Highlights Second Quarter 2020: . Year-to-date 2020: Balance Sheet and Capital Markets HTA ended Q2 with total liquidity of $1.1 billion, inclusive of $736.0 million available on our unsecured revolving credit facility, $277.5 million of unsettled forward equity agreements, and $75.2 million of cash and cash equivalents.
Urban Edge Properties (UE) today announced its results for the quarter ended June 30, 2020. Financial Results Operating Results Balance Sheet and Liquidity The Company maintains one of the strongest and most liquid balance sheets in the sector.
BETHESDA, Md., Aug. 6, 2020 Saul Centers (BFS), Inc., an equity real estate investment trust, announced its operating results for the quarter ended June 30, 2020. Same property revenue decreased $5.3 million and same property operating income decreased $4.4 million for the 2020 Quarter compared to the 2019 Quarter.
PHOENIX, Aug. 6, 2020 VEREIT (VER), Inc. announced today its operating results for the three months ending June 30, 2020. Second Quarter 2020 Financial and Operating Highlights Second Quarter 2020 Financial Results Rental RevenueRental revenue for the quarter ended June 30, 2020 decreased $33.4 million to $278.6 million as compared to rental revenue of $312.0 million for the same quarter in 2019.
Collected 99.5% of Second Quarter Cash Base Rents and Increased Industrial Renewal Cash Base Rents by 21.6% Lexington Realty Trust (LXP), a real estate investment trust focused on single-tenant industrial real estate investments, today announced results for the second quarter ended June 30, 2020. Second Quarter 2020 Highlights Subsequent Events Adjusted Company FFO is a non-GAAP financial measure.
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