City Holding(CHCO)

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City Office: Cash Flow Growth, Proven Strategy, And Extremely Undervalued
Seeking Alpha· 2024-12-20 15:01
Group 1 - City Office REIT, Inc. (NYSE: CIO) has demonstrated cash flow growth for over a decade, attributed to a proven strategy focused on investments in growth real estate markets in the United States [3] - The management of City Office REIT has accumulated significant expertise, which contributes to the company's successful investment strategy [3] Group 2 - The company primarily targets small and medium-cap companies in various regions, including Europe, the United States, and South America, with a focus on mature industries such as mining, oil and gas, and real estate [2] - The investment strategy emphasizes M&A deals, deep value investments, and dividend investing, aiming for an internal rate of return of approximately 5%-7% [2]
City Office REIT Provides Update on Impactful Leasing
Prnewswire· 2024-12-18 21:05
VANCOUVER, Dec. 18, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that it has signed a 60,000 square foot lease with an existing tenant at its premier Terraces property located in Dallas, Texas. The lease extends the tenant's existing 44,000 square foot space until 2036 and expands the tenant's space by 16,000 square feet. Including the expansion space, which is expected to commence in early 2026, the property is now 95% leased. In addition ...
City Office REIT: Undervalued As Fed Cuts Rates
Seeking Alpha· 2024-12-16 04:53
City Office REIT (NYSE: CIO ) is swapping hands for 3.2x its annualized fiscal 2024 third-quarter free cash flow. The office REIT generated a free cash flow of $18.28 million in the third quarter, up sequentially and far in excessThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tick ...
City Office REIT Announces Dividends for Fourth Quarter 2024
Prnewswire· 2024-12-13 21:05
VANCOUVER, Dec. 13, 2024 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.10 per share of common stock and common unit of partnership interest for the fourth quarter of 2024. Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payabl ...
Toll Brothers Announces New Luxury Home Community Coming Soon to Carson City, Nevada
GlobeNewswire News Room· 2024-12-12 16:38
CARSON CITY, Nev., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest community, Venado Valley, is coming soon to the intersection of North Ormsby Boulevard and West Washington Street in Carson City, Nevada. Construction of the Sales Center and model homes is currently underway, and sales are expected to begin in spring 2025. Venado Valley by Toll Brothers will be a brand-new luxury community of 40 single-family homes in ...
Party City weighing second bankruptcy in less than two years: report
New York Post· 2024-12-12 06:59
The party may be winding down.Party City is planning to file for its second bankruptcy in nearly two years as the company’s sales figures continue to struggle, according to a report.The New Jersey-based party supply and craft retailer is behind on rent in some of its 850 locations across the US, Bloomberg News reported on Tuesday, citing people familiar with the matter. 4 A general view of a Party City store with a “closing” sign on 34th Street in New York, on April 19, 2023. Christopher SadowskiParty Cit ...
Heritage Distilling Co. Expands into Kentucky with Keg 1 River City
GlobeNewswire News Room· 2024-12-05 13:30
GIG HARBOR, Wash., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Heritage Distilling Company, Inc. (“HDC” or “Heritage”) (Nasdaq: CASK), a leading craft distiller of innovative premium brands, is expanding into the Kentucky market in partnership with Keg 1 River City, the leading distributor of beer, wine and spirits in Kentucky. Heritage’s exceptional suite of spirits now offered in Kentucky includes: Cocoa Bomb, Salute Series’ D-Day Land, Air and Sea, and ARMY Special Operations Forces Whiskey, at select on-premise a ...
Studio City Enters into Senior Facilities Agreement
GlobeNewswire News Room· 2024-12-02 22:00
MACAU, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today announces that the Company’s subsidiary, Studio City Company Limited (“Studio City Company”), has entered into a senior credit facilities agreement, dated November 29, 2024, with a syndicate of banks (the “2024 Credit Facilities Agreement”). Under the terms of the 2024 Credit Facilities Agreement, lenders have made av ...
OTC Markets Group Welcomes City of London Investment Group PLC to OTCQX
GlobeNewswire News Room· 2024-12-02 12:00
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX:OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced City of London Investment Group PLC (LSE: CLIG; OTCQX: CLIUF), a U.K. based asset management company, has qualified to trade on the OTCQX® Best Market. City of London Investment Group PLC upgraded to OTCQX from the Pink® market. City of London Investment Group PLC begins trading today on OTCQX under the symbol “CLIUF.” U.S. inves ...
City View Green Holdings Inc. Completes Issuance of Shares in Settlement of Debt
Newsfile· 2024-11-27 12:00
City View Green Holdings Inc. Completes Issuance of Shares in Settlement of DebtCompany Clears over $2.3M in Debt off Balance SheetNovember 27, 2024 7:00 AM EST | Source: City View Green Holdings Inc.Toronto, Ontario--(Newsfile Corp. - November 27, 2024) - City View Green Holdings Inc. (CSE: CVGR) (OTC Pink: CVGRF) ("City View" or the "Company"), an innovative Canadian-based cannabis-infused edibles manufacturing company, announces that further to its press release of October 31, 2024, it has ...