Addresses Sale Speculation Modiv Industrial, Inc. ("Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today announced its latest independent, third-party appraisal of its assets resulting in an updated Net Asset Value ("NAV") of $24.11 per share as of December 31, 2024. The following is a statement from Aaron Halfacre, CEO of Modiv Industrial: "This year we engaged Cushman & Wakefield to conduct an appraisal of our 43 properties and to value our three fixed rate mortgages. Their estimates of value were then used to calculate our net asset value (NAV) per share as delineated in the table further b

NEW YORK, Jan. 22, 2025 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) announced the income tax treatment of dividends reported on Form 1099-DIV for 2024. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Net Lease Office Properties dividends. CUSIP 64110Y108 FORM 1099-DIV Box 1a Box 2a Box 3 Box 1b Box 2b Box 2f Box 5 Record Date Payment Date Distribution Per Share Ordinary Dividends Capital Gain Distributions Nondividend Distributions Qualified Dividends(1) Unrecaptured Section 1250 Gain(2) Section 897 Capital Gain

J.P. Morgan Senior Secured Mortgage Repaid in Full NEW YORK, Jan. 10, 2025 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) today announced the sale of the following five office properties in November and December for gross proceeds totaling $43.3 million. PrimaryTenant PrimaryTenantIndustry Location ABR(at timeof sale)* ($000s) GrossSale Proceeds($000s) SquareFeet NLOP CollateralPool Caremark RX, L.L.C. Health Care Services Chandler, AZ $1,645 $15,000 183,000 Included Vacant (formerlyBCBSM, Inc.) N/A Eagan, MN $-- $11,650 227,666 Included Charter CommunicationsOperati

NEW YORK, Aug. 8, 2024 /PRNewswire/ -- Net Lease Office Properties (NYSE:NLOP) today announced the sale of an office property leased to CVS Health Corporation ("CVS") for gross proceeds of $71.5 million. PrimaryTenant PrimaryTenantIndustry Location   ABR(at timeof sale) Gross Sale Proceeds SquareFeet NLOP Collateral Pool CVS Health Care Services 9501 Shea Boulevard, Scottsdale, AZ $4.25 million $71.5 million 354,888 Included Net proceeds after closing costs were used to repay approximately $55 million on J.P. Morgan's senior secured mortgage and approximately $8 million on its

NEW YORK, July 10, 2024 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), a leading net lease REIT, today announced that John Park will step down as President of the company effective September 30, 2024. Mr. Park will serve as Senior Advisor to the company through February 2025 and will continue to serve as a Trustee of Net Lease Office Properties (NYSE:NLOP) and the W. P. Carey Foundation. The separate role of President will be eliminated, and the title will be assumed by Jason Fox, the company's Chief Executive Officer. Mr. Park joined W. P. Carey in 1987, working alongside Founder Wm. Polk Carey in various roles of increasing responsibility. He led many of W. P. Carey's transformative transac

NEW YORK, June 11, 2024 /PRNewswire/ -- Net Lease Office Properties (NYSE:NLOP) today announced the sale of two office properties leased to BCBSM, Inc. ("Blue Cross Blue Shield") for gross proceeds totaling $60.7 million. PrimaryTenant PrimaryTenantIndustry Locations   ABR(at timeof sale) Gross Sale Proceeds SquareFeet NLOPCollateralPool Blue CrossBlue Shield Managed Health Care 1800 and 3400Yankee DoodleRoad, Eagan, MN $4.7 million $60.7 million 347,472 Included Net proceeds after closing costs were used to repay approximately $48 million on J.P. Morgan's senior secured mortg

NEW YORK, May 2, 2024 /PRNewswire/ -- Net Lease Office Properties (NYSE:NLOP) today announced the sale of the following three office properties in March and April for gross proceeds totaling approximately $131.6 million. PrimaryTenant PrimaryTenant Industry Location ABR(at timeof sale) Gross Sale Proceeds SquareFeet NLOP Collateral Pool Total E&PNorge AS Oil & Gas Exploration & Production Stavanger,Norway $5.2 million $33.1 million 275,725 FedEx Corporation Air Freight &Logistics Collierville, TN $5.5 million $62.5 million 390,380 X DMG MORI SEIKIU.S.A., INC. IndustrialMachine

NEW YORK, Jan. 29, 2024 /PRNewswire/ -- W. P. Carey Inc. ((W. P. Carey, NYSE:WPC) announced the income tax treatment of dividends reported on Form 1099-DIV for 2023. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of W. P. Carey dividends. CUSIP 92936U109 FORM 1099-DIV Box 1a Box 2a Box 3 Box 1b Box 2b Box 2e Box 2f Box 5 Record  Date Payment Date Distribution Per Share Ordinary Dividends Capital Gain Distributions Nondividend Distributions Qualified Dividends(1) Unrecaptured Section 1250 Gain(2) Section 897 Ordinary Dividends(3) Section 897 Capital Gain(4) Section 199A Dividends(5) Section 1061 One-Year Amounts Disclosure(6) Section

NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Net Lease Office Properties (NYSE:NLOP) today announced the sale of the following four U.S. office properties during December 2023 for gross proceeds totaling approximately $43.1 million: Primary Tenant   Primary Tenant Industry   Location ABR (as of 9/30/23)   Gross Sale Proceeds   Square Feet   Raytheon Corporation Aerospace & Defense Tucson, AZ $2.0 million $24.6 million 143,650 Carhartt, Inc. Apparel, Accessories & Luxury Dearborn, MI $0.7 million $9.8 million 58,722 AVL Michigan Holding Corporation Auto Parts & Equipment Plymouth, M

NEW YORK, Dec. 8, 2023 /PRNewswire/ -- Net Lease Office Properties (NYSE:NLOP) declared a common share dividend of $0.34 per share (approximately $5.0 million in the aggregate). The dividend is payable on or about January 29, 2024 to shareholders of record as of the close of business on December 18, 2023 (the "Record Date"). This will allow NLOP to comply with the annual distribution requirements applicable to real estate investment trusts under the U.S. Internal Revenue Code of 1986, as amended, while retaining capital and enhancing NLOP's financial flexibility.  In accordanc

SC 13G/A - Net Lease Office Properties (0001952976) (Subject)

SC 13G/A - Net Lease Office Properties (0001952976) (Subject)

SC 13G/A - Net Lease Office Properties (0001952976) (Subject)

Addresses Sale Speculation Modiv Industrial, Inc. ("Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today announced its latest independent, third-party appraisal of its assets resulting in an updated Net Asset Value ("NAV") of $24.11 per share as of December 31, 2024. The following is a statement from Aaron Halfacre, CEO of Modiv Industrial: "This year we engaged Cushman & Wakefield to conduct an appraisal of our 43 properties and to value our three fixed rate mortgages. Their estimates of value were then used to calculate our net asset value (NAV) per share as delineated in the table further b

NEW YORK, Jan. 22, 2025 /PRNewswire/ -- Net Lease Office Properties (NYSE: NLOP) announced the income tax treatment of dividends reported on Form 1099-DIV for 2024. Shareholders are encouraged to consult with their tax advisors as to their specific tax treatment of Net Lease Office Properties dividends. CUSIP 64110Y108 FORM 1099-DIV Box 1a Box 2a Box 3 Box 1b Box 2b Box 2f Box 5 Record Date Payment Date Distribution Per Share Ordinary Dividends Capital Gain Distributions Nondividend Distributions Qualified Dividends(1) Unrecaptured Section 1250 Gain(2) Section 897 Capital Gain

NEW YORK, Jan. 29, 2024 /PRNewswire/ -- W. P. Carey Inc. ((W. P. Carey, NYSE:WPC) announced the income tax treatment of dividends reported on Form 1099-DIV for 2023. Stockholders are encouraged to consult with their personal tax advisors as to their specific tax treatment of W. P. Carey dividends. CUSIP 92936U109 FORM 1099-DIV Box 1a Box 2a Box 3 Box 1b Box 2b Box 2e Box 2f Box 5 Record  Date Payment Date Distribution Per Share Ordinary Dividends Capital Gain Distributions Nondividend Distributions Qualified Dividends(1) Unrecaptured Section 1250 Gain(2) Section 897 Ordinary Dividends(3) Section 897 Capital Gain(4) Section 199A Dividends(5) Section 1061 One-Year Amounts Disclosure(6) Section

NEW YORK, Dec. 8, 2023 /PRNewswire/ -- Net Lease Office Properties (NYSE:NLOP) declared a common share dividend of $0.34 per share (approximately $5.0 million in the aggregate). The dividend is payable on or about January 29, 2024 to shareholders of record as of the close of business on December 18, 2023 (the "Record Date"). This will allow NLOP to comply with the annual distribution requirements applicable to real estate investment trusts under the U.S. Internal Revenue Code of 1986, as amended, while retaining capital and enhancing NLOP's financial flexibility.  In accordanc

4 - Net Lease Office Properties (0001952976) (Issuer)