SC 13G - Necessity Retail REIT, Inc. (0001568162) (Subject)

SC 13G/A - Necessity Retail REIT, Inc. (0001568162) (Subject)

ISS Acknowledges Error in Their Original Analysis; Issues Corrected Report on the GNL Merger and Internalization  NEW YORK, Sept. 5, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE:GNL) ("Global Net Lease", "GNL" or the "Company") announced today that it will host a conference call and webcast on Tuesday, September 5, 2023, at 2:30pm ET to discuss the benefits and industrial logic of the proposed merger between GNL and The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("Necessity Retail REIT" or "RTL") and the immediate internalization of both GNL's and RTL's current advisory and property management functions as a part of the proposed transaction. The Company will also address ISS's recent GNL

NEW YORK, Aug. 31, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL" or the "Company") announced today that, through its subsidiaries, the Company completed a $260 million commercial mortgage-backed security loan (the "Loan") encumbered by 29 multi-tenant properties the Company owns across the United States. The Loan has a 10-year term and is interest-only at 6.45%. We were able to achieve this rate even though today's rates are higher, by using a SOFR swap lock of 3.54% which we proactively put in place approximately one month before completing this loa

Highlights Efficiencies, Scale and Significant Governance Overhauls  Nominated Directors of GNL and RTL Were Re-Elected by Shareholders Following the Merger Announcement with 85% GNL Shareholder Participation and 75% RTL Shareholder Participation in 2023 Annual Meeting  Boards Recommend Stockholders to Vote "FOR" proposals at Special Meetings on September 8, 2023 NEW YORK, Aug. 28, 2023 /PRNewswire/ -- Global Net Lease Inc. (NYSE:GNL) ("Global Net Lease" or "GNL") and The Necessity Retail REIT Inc. (NASDAQ:RTL) ("Necessity Retail REIT" or "RTL") today released an investor presentation highlighting the significant benefits of the proposed merger between GNL and RTL, and the ensuing eliminatio

Highlights Lack of Financial or Strategic Value for GNL Stockholders Identifies Key Questions for GNL Stockholders to Ask GNL Board  NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capital"), a New York-based investment firm, today released a detailed presentation outlining why it intends to vote AGAINST the proposed merger of Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") and the Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL") (the "Merger"). The Merger is subject to GNL and RTL stockholder approval at the Special Meeting of Stockholders scheduled for September 8, 2023. Specifically, Orange Capital's rationale includes: RTL's Retail Real Estate Ass

Company to Host Investor Webcast and Conference Call Today at 1:00 PM ET NEW YORK, Aug. 3, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company"), a real estate investment trust that focuses on acquiring and managing a globally diversified portfolio of strategically-located commercial real estate properties, announced today its financial and operating results for the quarter ended June 30, 2023. Second Quarter 2023 and Subsequent Events Highlights Announced merger agreement with The Necessity Retail REIT, Inc. (NASDAQ:RTL), which is expected to close i

Company to Host Investor Webcast and Conference Call at 11:00 AM ET Today NEW YORK, Aug. 2, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL" or the "Company"), a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S., announced today its financial and operating results for the second quarter ended June 30, 2023. Second Quarter 2023 and Subsequent Events Highlights        Announced merger agreement wi

Special Meetings Scheduled for September 8, 2023 Merger Expected to Close in September 2023 NEW YORK, July 19, 2023 /PRNewswire/ -- Global Net Lease, Inc. ("GNL" or "the Company") (NYSE:GNL) and The Necessity Retail REIT, Inc. (NASDAQ:RTL, ", RTL", ))) announced today that the U.S. Securities and Exchange Commission ("SEC") has declared effective the Registration Statement on Form S-4 (the "Registration Statement") of GNL in connection with its previously announced proposed merger with RTL and internalization of management, and the details of a special meeting for stockholders of each company on September 8, 2023.

NEW YORK, July 13, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL" or the "Company") announced today it will release its financial results for the second quarter ended June 30, 2023 on Wednesday, August 2, 2023 after the close of trading on the Nasdaq. The Company will host a conference call and audio webcast on Thursday, August 3, 2023, beginning at 11:00 a.m. ET, to discuss the second quarter results and provide commentary on business performance. The call will be conducted by RTL's management team.  A question and answer session with analysts and in

NEW YORK, July 3, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL") announced today that it declared quarterly dividends on its outstanding common stock. Specifically, RTL declared a dividend of $0.2125 per share of Class A common stock payable on July 17, 2023, to common stockholders of record at the close of business on July 13, 2023.  About The Necessity Retail REIT Where America ShopsThe Necessity Retail REIT, Inc. (NASDAQ:RTL) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified port

NEW YORK, June 16, 2023 /PRNewswire/ -- The Necessity Retail REIT, Inc. (NASDAQ:RTL) ("RTL") announced today that it declared quarterly dividends on its outstanding preferred stock. Specifically, RTL declared a dividend of $0.4609375 per share on its 7.375% Series C Cumulative Redeemable Perpetual Preferred Stock payable on July 17, 2023, to holders of record at the close of business on July 6, 2023. About The Necessity Retail REIT Where America Shops The Necessity Retail REIT, Inc. (NASDAQ:RTL) is a publicly traded real estate investment trust listed on the Nasdaq focused on

JMP Securities initiated coverage of Necessity Retail REIT with a rating of Mkt Perform

4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)

4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)

4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)

4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)

4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)

4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)

4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)

4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)

4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)

4 - Necessity Retail REIT, Inc. (0001568162) (Issuer)

RTL's Retail Real Estate Assets Are Non-Core and Dilutive to GNL's High-Quality Portfolio of Mission Critical, Net Lease Real Estate Assets. Orange Capital believes RTL's mix of multi-tenant retail assets would dilute the quality of GNL's mission-critical, net lease asset portfolio. Retail REITs, such as RTL's real estate portfolio, trade at a discount to net lease and industrial REITs like GNL.  RTL is an Inferior Business Compared to GNL. Orange Capital believes RTL has a lower-quality portfolio of assets with higher vacancy, higher capital expenditure requirements, lower geographic diversification, higher leverage, and significant multi-tenant concentration in the retail industry. Further

Necessity Retail REIT (NASDAQ:RTL) reported quarterly earnings of $0.21 per share. This is a 27.59 percent decrease over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $106.70 million which missed the analyst consensus estimate of $112.90 million by 5.49 percent. This is a 8.75 percent decrease over sales of $116.93 million the same period last year.

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GNL's Board has Refused to Commit to Important Governance Enhancements Unless Shareholders Approve the Proposed MergerNEW YORK, July 20, 2023 /PRNewswire/ -- Orange Capital Ventures, LP ("Orange Capital"), a New York-based investment firm, today issued the following statement outlining its serious concerns about what it believes are blatantly coercive tactics employed by the Global Net Lease, Inc. (NYSE:GNL) ("GNL" or the "Company") Board of Directors (the "Board") regarding the proposed merger (the "Merger") with Necessity Retail REIT (NASDAQ:RTL) ("RTL"). We are alarmed that to date the Board has failed to commit to enacting its own proposed governance enhancements absent shareholders appr

Investors are always delighted when a stock in their portfolio announces a dividend increase. For income investors, it means a monthly or quarterly raise.  For investors more concerned with growth, dividend hikes often mean more than just a rise in income. Dividend increases can portend an increase in future earnings as well because the earnings need to cover the dividends being paid to shareholders. As earnings increase, share price appreciation often follows. Most real estate investment trusts (REITs) are expected to announce second-quarter earnings within the next three weeks. Investors may be able to pick up clues as to which companies will report good results by watching to see wh

Under the terms of the merger agreement, RTL stockholders will receive 0.670 shares of GNL for each common share of RTL. To date, none of the third parties contacted by the Company or its financial advisors, or any other third parties, have made a superior acquisition proposal following the execution of the merger agreement.The transaction is anticipated to close in the third quarter of 2023.

The most overbought stocks in the real estate sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. eXp World Holdings, Inc. (NASDAQ:EXPI) S&P Dow Jones Indices the company will replace Heska Cop in the S&P Smallcap 600. The company’s stock has a 52-week high of $21.39 . RS

Under the terms of the Cooperation Agreement, the Blackwells Parties will withdraw their nomination notices and proposals at both GNL and RTL and have agreed to vote in favor of the share issuances for the previously announced merger of GNL and RTL and internalization transactions at the GNL special meeting. Pursuant to the Agreement, the parties have agreed to release all claims arising prior to the settlement and dismiss their respective actions in Maryland state court and New York federal court.

In any stock, exchange-traded fund (ETF) or mutual fund prospectus, an investor is likely to come across the phrase "past performance is no guarantee of future results.” You should never assume that an investment will continue to perform well just because it's done so in the past. Events can change the direction of a stock overnight. A company could miss earnings estimates, be downgraded by a well-known analyst or be hit with an expensive lawsuit. A successful CEO announcing their retirement also could have an impact. Even the best-performing stock can retrace its gains simply because it’s short-term overextended. Those who try to chase a runaway price may find themselves buying a stock ju

The most overbought stocks in the real estate sector presents an opportunity to go short on these overvalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the RSI is above 70. Here’s the latest list of major overbought players in this sector. The Necessity Retail REIT, Inc. (NASDAQ:RTL) Global Net Lease announced on May 23 that it has merged with Necessity Retail REIT Inc. The company’s stock has a 52-week high of