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

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

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

8-K - Net Lease Office Properties (0001952976) (Filer)

10-Q - Net Lease Office Properties (0001952976) (Filer)

8-K - Net Lease Office Properties (0001952976) (Filer)

10-Q - Net Lease Office Properties (0001952976) (Filer)

8-K - Net Lease Office Properties (0001952976) (Filer)

10-Q - Net Lease Office Properties (0001952976) (Filer)

8-K - Net Lease Office Properties (0001952976) (Filer)

10-K - Net Lease Office Properties (0001952976) (Filer)

The worst may be over for commercial real estate (CRE) assets, yet a full recovery is still some distance away, according to a recent report from Goldman Sachs. The analysis, shared by analyst Caitlin Burrows on Friday, indicates that while the annual decline in CRE transaction volumes has likely bottomed out, significant challenges remain for a meaningful country-wide rebound, though some cities are exceptions. CRE Market Has Bottomed, According To Goldman Sachs’s Burrows Goldman Sachs notes that leading indicators suggest the CRE market has seen the worst of its downturn. Drawing comparisons to the Global Financial Crisis (GFC), Burrows explained that it took eight quarters of

BWS Financial analyst Hamed Khorsand maintains Net Lease Office (NYSE:NLOP) with a Buy and maintains $46 price target.

Net proceeds after closing costs were used to repay approximately $48 million on J.P. Morgan's senior secured mortgage and approximately $8 million on its mezzanine loan, in accordance with terms of those facilities. This resulted in outstanding balances of approximately $151 million and $92 million, respectively, as of June 10, 2024

BWS Financial analyst Hamed Khorsand maintains Net Lease Office (NYSE:NLOP) with a Buy and announces $46 price target.

BWS Financial analyst Hamed Khorsand initiates coverage on Net Lease Office (NYSE:NLOP) with a Buy rating and announces Price Target of $60.

The U.S. stock market lacked clear direction on Friday as traders assessed the latest mixed earnings reports and producer inflation data. The Producer Price Index (PPI) came in at 1% year-on-year in December, up from a downwardly revised 0.8% in November, but below the predicted 1.3%. The S&P 500 and Nasdaq remained relatively stable, hovering near the unchanged level, while the Dow Jones index experienced a decline of approximately 130 points, or 0.4%. Small-cap stocks, as represented by the iShares Russell 2000 ETF (NYSE:IWM), saw a marginal 0.1% decline. Bitcoin experienced a substantial drop in value following the approval of a spot Bitcoin ETF. The cryptocurrency plummeted b

It’s a bearish Thursday on Wall Street, with stocks relinquishing their gains due to unexpectedly high inflation numbers for December, causing some turbulence in market expectations regarding earlier Federal Reserve rate cuts. During the previous month, the Consumer Price Index (CPI) surged by 3.4% compared to the previous year, surpassing the forecasted 3.2% increase. Core inflation stood at 3.9% annually, exceeding the expected 3.8%, primarily driven by the persistent high costs of shelter. Latest Fed remarks had a chilling effect on the markets. Richmond Fed President Thomas Barkin indicated his willingness to consider rate reductions once inflation is on track to reach 2%, while Cl

The principal barometer of U.S. home prices shows a significant uptick in the housing market, with home prices in major U.S. cities soaring at the fastest annual rate since November 2022. The latest S&P CoreLogic Case-Shiller Index covers all nine U.S. census divisions. The gauge reported a 4.8% annual increase in October 2023, up from a 4% change in the previous month. This upswing aligns with market expectations, primarily fueled by a persistent shortage of homes for sale, which has been a major factor driving up home prices. The 10-City Composite showed a 5.7% increase, up from 4.8% in the previous month, while the 20-City Composite posted a year-over-year uptick of 4.9%, up fro