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Envoy Discusses Construction, Bridge Loan Lending, Future of Net Lease
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Benzinga s Top Ratings Upgrades, Downgrades For June 17, 2021
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Global Net Lease Reports First Quarter 2021 Results
Company to Host Investor Conference Call Today at 1 PM Eastern
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NEW YORK, May 6, 2021 /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 March 31, 2021.
First Quarter 2021 and Subsequent Events Highlights
Revenue increased 12.8% to $89.4 million from $79.2 million in first quarter 2020
Net loss was $0.8 million as compared to net income of $5.0 million in first quarter 2020
Seven Must Reads for the CRE Industry Today (Apr. 30, 2021) Realty Income Corp. is buying net lease REIT VEREIT, reports the Arizona Republic. The CEO of MGM Resorts sees a robust leisure recovery ahead, according to Barron’s. These are among today’s must reads from around the commercial real estate industry.
NYC Will Fully Reopen July 1, Says Mayor Bill de Blasio “Restaurants, gyms, shops, hair salons and arenas will open at full capacity. Smaller theaters could reopen over the summer and Broadway is on track for opening by September. Schools will be back at ‘full strength’ in the fall. New York City has recorded 923,953 coronavirus cases and 32,461 virus-related deaths as of Wednesday.” (CNBC)
Global Net Lease Announces Release Date For First Quarter 2021 Results
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