DENVER, Feb. 28, 2020 /PRNewswire/ -- On February 28, 2020, the Reaves Utility Income Fund (NYSE MKT: UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.18 per share to shareholders of record at the close of business on February 14, 2020.
BURLINGAME, Calif., Feb. 28, 2020 /PRNewswire/ -- Today Proterra, a leading innovator in heavy-duty electric transportation, and Freightliner Custom Chassis Corporation (FCCC) announced a collaboration to develop the MT50e, a new all-electric delivery truck chassis. The MT50e will be on display at the upcoming NTEA Work Truck Show, March 4-6 in Indianapolis.
TOLEDO, Ohio, Feb. 28, 2020 /PRNewswire/ -- Thomas J. DeRosa, Chairman and CEO of Welltower Inc. (NYSE: WELL) will participate in the Citi Global Property CEO Conference on Monday, March 2, 2020 at 7:30 am Eastern Time at The Diplomat Beach Resort in Hollywood, Florida. A live webcast of Mr. DeRosa's presentation will be available at the following link:
First Industrial Realty Trust to Participate in Citi's 2020 Global Property CEO Conference
CHICAGO, Feb. 28, 2020 /PRNewswire/ -- First Industrial Realty Trust, Inc. (NYSE: FR), a leading fully integrated owner, operator and developer of industrial real estate, today announced that it will present at Citi's 2020 Global Property CEO Conference. The presentation is scheduled for Tuesday, March 3, 2020 at 5:10 PM EST (4:10 PM CST).  A live webcast of the presentation will be available at www.firstindustrial.com under the Investors tab. A replay of the webcast will also be available through May 31, 2020. Presentation materials for the conference will also be available in the Investors section of the company website on Monday, March 2, 2020. About First Industrial Realty Trust, Inc. First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 63.4 million square feet of industrial space as of December 31, 2019. For more information, please visit us at www.firstindustrial.com. Forward-Looking Information This press release and the presentation to which it refers may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. We intend for such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on certain assumptions and describe our future plans, strategies and expectations, and are generally identifiable by use of the words "believe," "expect," "plan, "intend," "anticipate," "estimate," "project," "seek," "target," "potential," "focus," "may," "will," "should" or similar words. Although we believe the expectations reflected in forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be attained or that results will not materially differ. Factors which could have a materially adverse effect on our operations and future prospects include, but are not limited to: changes in national, international, regional and local economic conditions generally and real estate markets specifically; changes in legislation/regulation (including changes to laws governing the taxation of real estate investment trusts) local economic conditions generally and real estate markets specifically; changes in legislation/regulation (including changes to laws governing the taxation of real estate investment trusts) and actions of regulatory authorities; our ability to qualify and maintain our status as a real estate investment trust; the availability and attractiveness of financing (including both public and private capital) and changes in interest rates; the availability and attractiveness of terms of additional debt repurchases; our ability to retain our credit agency ratings; our ability to comply with applicable financial covenants; our competitive environment; changes in supply, demand and valuation of industrial properties and land in our current and potential market areas; our ability to identify, acquire, develop and/or manage properties on favorable terms; our ability to dispose of properties on favorable terms; our ability to manage the integration of properties we acquire; potential liability relating to environmental matters; defaults on or non-renewal of leases by our tenants; decreased rental rates or increased vacancy rates; higher-than-expected real estate construction costs and delays in development or lease-up schedules; potential natural disasters and other potentially catastrophic events such as acts of war and/or terrorism; litigation, including costs associated with prosecuting or defending claims and any adverse outcomes; risks associated with our investments in joint ventures, including our lack of sole decision-making authority; and other risks and uncertainties described under the heading "Risk Factors" and elsewhere in our annual report on Form 10-K for the year ended December 31, 2019, as well as those risks and uncertainties discussed from time to time in our other Exchange Act reports and in our other public filings with the SEC. We caution you not to place undue reliance on forward-looking statements, which reflect our outlook only and speak only as of the date of this press release or the dates indicated in the statements. We assume no obligation to update or supplement forward-looking statements. For further information on these and other factors that could impact us and the statements contained herein, reference should be made to our filings with the SEC. View original content to download multimedia:http://www.prnewswire.com/news-releases/first-industrial-realty-trust-to-participate-in-citis-2020-global-property-ceo-conference-301013433.html SOURCE First Industrial Realty Trust, Inc.
CHICAGO, Feb. 28, 2020 /PRNewswire/ -- Windsor Advantage, LLC, the nation's leading service provider of government guaranteed loans to over 90 banks and credit unions, has announced the acquisition of Meridian Loan Partners, a technology focused service provider for SBA 7(a) loans located in Charleston, South Carolina.
NEW YORK, Feb. 28, 2020 /PRNewswire/ -- Hunt Real Estate Capital announced today that it has provided a Freddie Mac Conventional Lease-Up Multifamily loan in the amount of $38.2 million to finance the acquisition of a multifamily property located in Winston-Salem, North Carolina.
BEDFORD, NS, Feb. 28, 2020 /CNW/ - Every Canadian deserves a safe and affordable place to call home. Thanks to investments made by the Government of Canada, senior residents of Bedford will soon have access to more stable rental housing options that are affordable to Canadians.
Wheeling Heritage Announces Retirement of Executive Director, Appoints New Executive Director
WHEELING, W.Va., Feb. 28, 2020 /PRNewswire/ -- Wheeling Heritage announced today that Arch W. Riley Jr. is set to leave his position as the executive director on June 30. The board has named Alex Weld as the organization's next executive director. "I have enjoyed my time serving as interim director at Wheeling Heritage," said Riley. "As former chairman of Wheeling Heritage's board, I was happy to step in and guide the organization during the last year." Alex Weld joined Wheeling Heritage in 2017 to lead its marketing and downtown development initiatives. In September 2019, Alex became the organization's first Director of Operations, overseeing Wheeling Heritage's programmatic work. Since joining the organization, Alex has created a robust entrepreneurial ecosystem by developing the Wheeling CO.STARTERS and expanding Show of Hands - programs that provide knowledge, resources, and support to aspiring entrepreneurs. Additionally, she has facilitated activities in public space development, small business promotion, and building preservation. Her marketing efforts have had impressive results and have garnered national media attention for Wheeling Heritage. "When Jake Dougherty left Wheeling Heritage last summer to attend law school, we were pleased that Arch could step into the Executive Director position during the subsequent transition period." said Jeanne Finstein, Ed.D., Board Chair "Arch had served on the Wheeling Heritage board of directors for many years, most recently as board chair, and was very familiar with the organization and its staff and goals. As he hands off the reins, we find that Wheeling Heritage is a strong organization that is perfectly positioned to move forward. We know that Arch will continue his efforts to preserve Wheeling's rich heritage, given his knowledge and expertise." "The Board of Directors is very pleased with the selection of Alex Weld as the Executive Director of Wheeling Heritage. Alex knows the organization better than anyone through her current position as Director of Operations," continued Finstein. "In her three years with Wheeling Heritage, she has met and interacted with directors of other heritage areas around the country, with state and local legislators, and with other leaders in the Wheeling community. We are confident that she will lead the organization to its full potential." "Wheeling Heritage has been providing innovative, impactful programming to the Wheeling community for over 25 years, and I'm honored to have the opportunity to lead this important work," Weld said. "As we look ahead, I'm excited to work with our talented staff and Board of Directors to ensure Wheeling Heritage continues to benefit our community into the future." About Wheeling HeritageWheeling Heritage is a catalyst for the revitalization of Wheeling. Through historic preservation, community development, and the arts, we help to tell Wheeling's story and shape its future. We seek to improve the quality of life in Wheeling by preserving and investing in our city, collaborating with others, and engaging the citizens of Wheeling in our work. Contact: John Culler304-232-4544 View original content to download multimedia:http://www.prnewswire.com/news-releases/wheeling-heritage-announces-retirement-of-executive-director-appoints-new-executive-director-301013484.html SOURCE Wheeling Heritage