Inactive Instrument

Resource REIT, Inc.

RSRL

US76123B1070

Resource REIT, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021

November 12, 2021 at 03:31 pm

Resource REIT, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 62.96 million compared to USD 33.26 million a year ago. Revenue was USD 62.96 million compared to USD 34.25 million a year ago. Net loss was USD 4.81 million compared to USD 7.37 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.09 a year ago. For the nine months, sales was USD 178.47 million compared to USD 99.63 million a year ago. Revenue was USD 179.68 million compared to USD 100.62 million a year ago. Net loss was USD 12.79 million compared to USD 22.69 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.27 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to USD 0.27 a year ago.

Latest news about Resource REIT, Inc.

Blackstone Real Estate Income Trust, Inc. completed the acquisition of Resource REIT, Inc..	18/05/22	CI
Resource REIT, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022	12/05/22	CI
Resource REIT, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021	25/03/22	CI
Orion Real Estate Partners LLC acquired 316-Unit Value-Add Multifamily Community Located in North Central San Antonio, Texas from Resource REIT, Inc..	07/02/22	CI
Interstate Equities Corp completed the acquisition of The Bryant at Yorba Linda from Resource REIT, Inc. for approximately $210 million.	06/02/22	CI
Blackstone Real Estate Income Trust, Inc. entered into a definitive agreement to acquire Resource REIT, Inc. for $2.5 billion.	23/01/22	CI
Resource REIT, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	12/11/21	CI
Interstate Equities Corp agreed to acquire The Bryant at Yorba Linda from Resource REIT, Inc. for approximately $210 million	11/11/21	CI
An unknown buyer acquired Pines of York in Yorktown, Virginia from Resource REIT, Inc. for $45 million.	11/11/21	CI
Walde Management, LLC completed the acquisition of Tech Center Square in Newport News from Resource REIT, Inc. for $36.7 million.	11/11/21	CI
Robert C. Lieber Resigns as Director of Resource REIT, Inc	17/09/21	CI
Resource Reit, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021	10/08/21	CI
An unknown buyer acquired Evergreen at Coursey Place from Resource REIT, Inc. for $49.8 million.	09/08/21	CI
Resource REIT, Inc. Appoints Paula Baiman Brown and Alan Riffkin as Independent Directors and as Members of the Board of Directors’ Special Committee	04/08/21	CI
RRE Opportunity OP II, LP Along With the Resource REIT, Inc. Revolution I Merger Sub, LLC, RRE Opportunity Holdings LLC, RRE Opportunity Holdings II, LLC, and Certain Subsidiaries of Borrower as Guarantors, Entered into A Credit Agreement with A Group of Lenders	21/05/21	CI
Resource REIT, Inc. Announces Authorized Distribution for the Second Quarter of 2021, Payable on June 30, 2021	13/05/21	CI
Resource REIT, Inc. Announces Management Changes	05/02/21	CI
Resource REIT, Inc. Announces Distribution for the First Quarter of 2021, Payable on March 31, 2021	05/02/21	CI
Resource REIT, Inc. Enters into Structured Credit Facility Transaction with CBRE Multifamily Capital, Inc	05/02/21	CI
Resource Real Estate Opportunity REIT, Inc. Announces Cessation of Directors	29/01/21	CI
Resource Real Estate Opportunity REIT, Inc. (“REIT I”) completed the acquisition of Resource Real Estate Opportunity REIT II, Inc. (“REIT II”).	26/01/21	CI
Resource Real Estate Opportunity Reit, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020	10/11/20	CI
Resource Real Estate Opportunity REIT, Inc. Announces Executive Changes	11/09/20	CI
Resource REIT, Inc. acquired the advisory and property management business of Resource America, Inc. and C-III Capital Partners LLC.	10/09/20	CI
Resource Real Estate Opportunity REIT, Inc. entered into definitive agreement to acquire Resource Real Estate Opportunity REIT II, Inc.	07/09/20	CI

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Company Profile

Resource Real Estate Opportunity REIT, Inc. is a real estate investment trust (REIT) company. The Company owns a diversified portfolio of United States commercial real estate and real estate-related assets. The Company focuses on owning and operating multifamily assets. The Company's portfolio consists of multifamily rental properties purchased as non-performing or as real estate owned by financial institutions and multifamily rental properties to which value adds. The Company's portfolio of properties includes the Brookwood Homewood, Retreat at Rocky Ridge Hoover, Heritage Pointe Gilbert, Indigo Creek Glendale, Point Bonita Chula Vista, the Bryant at Yorba Linda Yorba Linda, Verdant Apartment Homes Boulder, Arcadia Apartment Homes Centennial, Courtney Meadows Jacksonville, The Terraces at Lake Mary Lake Mary, Meridian Pointe Burnsville, Vista Apartment Homes Philadelphia. The Company owns approximately 50 properties with 14,643 units across 14 States.

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Commercial REITs

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