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Wheeler Real Estate Investment Trust Inc (WHLR.OQ)

WHLR.OQ on NASDAQ Stock Exchange Capital Market

4.89USD
23 Feb 2018
Change (% chg)

$-0.06 (-1.21%)
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Volume
42,992
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Latest Key Developments (Source: Significant Developments)

Wheeler Real Estate Investment Trust Announces Update On Strategic Initiatives
Monday, 5 Feb 2018 01:37pm EST 

Feb 5 (Reuters) - Wheeler Real Estate Investment Trust Inc ::WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES UPDATE ON MANAGEMENT TRANSITION AND STRATEGIC INITIATIVES.WHEELER REAL ESTATE INVESTMENT TRUST INC - BOARD HAS BEGUN PROCESS OF SELECTING AN INDEPENDENT THIRD-PARTY ADVISOR TO ASSIST COMPANY.WHEELER REAL ESTATE INVESTMENT TRUST - IDENTIFIED ADDITIONAL OPPORTUNITIES TO MATERIALLY REDUCE OPERATING EXPENSES INCLUDING CLOSING CHARLESTON OFFICE IN SC.WHEELER REAL ESTATE INVESTMENT TRUST INC - ‍WILL PLACE 7 PARCELS OF NON-INCOME PRODUCING LAND IN VIRGINIA AND NORTH CAROLINA ON MARKET FOR SALE​.WHEELER REAL ESTATE INVESTMENT TRUST - ‍ TO UTILIZE PROCEEDS FROM REAL ESTATE ASSETS SALES TO PAY OFF ASSOCIATED PROPERTY DEBT, REDUCE LIABILITIES​.  Full Article

Wheeler Announces Acquisition Of Janaf Shopping Yard in Virginia
Monday, 22 Jan 2018 08:05am EST 

Jan 22 (Reuters) - Wheeler Real Estate Investment Trust Inc ::WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES ACQUISITION OF JANAF SHOPPING YARD IN NORFOLK, VIRGINIA.WHEELER REAL ESTATE INVESTMENT TRUST INC - ‍PURCHASE PRICE OF $85.65 MILLION OR $96 PER SQUARE FOOT​.WHEELER REIT - ‍FINANCED DEAL USING CASH, ASSUMPTION OF ABOUT $58.9 MILLION OF MORTGAGE LOANS SECURED BY PROPERTY AND ISSUANCE OF COMMON STOCK​ OF CO.WHEELER REIT - ‍ALSO ASSUMED A SEPARATE LOAN WITH A $5.2 MILLION BALANCE​.  Full Article

Wheeler Real Estate Investment Trust Announces Contract To Acquire Janaf Shopping Yard In Norfolk, Virginia
Tuesday, 9 Jan 2018 08:20am EST 

Jan 9 (Reuters) - Wheeler Real Estate Investment Trust Inc ::WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES CONTRACT TO ACQUIRE JANAF SHOPPING YARD IN NORFOLK, VIRGINIA.WHEELER REAL ESTATE INVESTMENT TRUST-‍EXPECTED PURCHASE PRICE OF $85.65 MILLION INCLUDES ASSUMPTION OF ABOUT $58.4 MILLION OF MORTGAGE LOANS SECURED BY PROPERTY​.WHEELER REAL ESTATE INVESTMENT TRUST -‍ CO THROUGH UNIT ENTERED AGREEMENT WITH JANAF SHOPPING CENTER, AMONG OTHERS, TO ACQUIRE JANAF SHOPPING YARD​.  Full Article

Wheeler Real Estate Investment Trust CFO Wilkes Graham To Resign
Monday, 8 Jan 2018 08:05am EST 

Jan 8 (Reuters) - Wheeler Real Estate Investment Trust Inc ::WHEELER REAL ESTATE INVESTMENT TRUST INC - WILKES GRAHAM HAS NOTIFIED OF HIS INTENTION TO RESIGN AS CHIEF FINANCIAL OFFICER.WHEELER REAL ESTATE INVESTMENT TRUST INC - GRAHAM'S RESIGNATION WILL TAKE EFFECT AFTER A TRANSITION PERIOD, EXPECTED TO END ON OR BEFORE MARCH 4.WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES RESIGNATION OF CHIEF FINANCIAL OFFICER AND SEARCH FOR PERMANENT SUCCESSOR.WHEELER REAL ESTATE INVESTMENT TRUST INC - IN PROCESS OF ENGAGING A PROFESSIONAL SEARCH FIRM TO ASSIST IN HIRING OF GRAHAM'S REPLACEMENT.  Full Article

Wheeler Real Estate Investment Announces Terms Of Keybank Credit Agreement
Thursday, 21 Dec 2017 05:35pm EST 

Dec 21 (Reuters) - Wheeler Real Estate Investment Trust Inc ::WHEELER REAL ESTATE INVESTMENT TRUST, INC. ANNOUNCES TERMS OF KEYBANK CREDIT AGREEMENT.WHEELER REAL ESTATE INVESTMENT TRUST - CREDIT AGREEMENT PROVIDES FOR INCREASE IN BORROWING CAPACITY FROM $50 MILLION TO $52.5 MILLION.WHEELER REAL ESTATE INVESTMENT TRUST - CREDIT AGREEMENT ALSO INCREASES ACCORDION FEATURE BY $50 MILLION TO $150 MILLION.WHEELER REAL ESTATE INVESTMENT TRUST - REVOLVING FACILITY WILL MATURE ON DEC. 21, 2019, BUT MAY BE EXTENDED FOR AN ADDITIONAL YEAR.WHEELER REAL ESTATE INVESTMENT - AGREEMENT PROVIDES FOR EXTENSION OF REQUIREMENT TO REDUCE OUTSTANDING BORROWINGS TO $52.5 MILLION OR BELOW BY JULY 1, 2018.  Full Article

Wheeler REIT Q3 adjusted FFO per share $0.43
Wednesday, 8 Nov 2017 05:57pm EST 

Nov 8 (Reuters) - Wheeler Real Estate Investment Trust Inc ::Wheeler Real Estate Investment Trust, Inc. Announces 2017 third quarter financial results.Sees FY 2017 adjusted FFO per share $1.48 to $1.53.Q3 revenue rose 27.6 percent to $15.2 million.Q3 adjusted FFO per share $0.43.Wheeler Real Estate Investment - ‍same-store NOI y-o-y growth for three months ended September 30, 2017 was 1.0% on a gaap basis ​.  Full Article

Wheeler Real Estate Investment Trust Q2 FFO per share $0.24
Tuesday, 8 Aug 2017 04:25pm EDT 

Aug 8 (Reuters) - Wheeler Real Estate Investment Trust Inc :Wheeler Real Estate Investment Trust Inc announces 2017 second quarter financial results.Q2 adjusted FFO per share $0.40.Q2 FFO per share $0.24.Q2 revenue rose 32.8 percent to $14.7 million.Q2 FFO per share view $0.39 -- Thomson Reuters I/B/E/S.  Full Article

Andrew Jones reports 5.4 pct stake in Wheeler Real Estate Investment
Friday, 21 Jul 2017 02:38pm EDT 

July 21 (Reuters) - Wheeler Real Estate Investment Trust Inc :Andrew Jones reports 5.4 percent stake in Wheeler Real Estate Investment Trust Inc as of July 20 - sec filing.  Full Article

Wheeler Real Estate Investment Trust says board reaffirms FY 2017 guidance
Thursday, 1 Jun 2017 08:05am EDT 

June 1 (Reuters) - Wheeler Real Estate Investment Trust Inc ::Wheeler Real Estate Investment Trust Inc board of directors reaffirms full-year 2017 guidance.Sees fy 2017 earnings per share $1.48 to $1.55.Wheeler real estate - board believes recent decline in trading prices of its securities is unwarranted based on performance of portfolio.Wheeler real estate -Q1 2017 occupancy was 94.2% which accounts for leases signed through April 7, 2017 but where some rents have not yet commenced.  Full Article

Wheeler Real Estate Investment Trust announces strategic plan for 2 anchor tenant store closures
Friday, 12 May 2017 06:03pm EDT 

May 12 (Reuters) - Wheeler Real Estate Investment Trust Inc ::Wheeler Real Estate Investment Trust Inc announces strategic plan for two anchor tenant store closures.Wheeler Real Estate Investment Trust Inc says a small reduction in its overall store footprint.  Full Article

Cedar Realty reaches settlement with activist hedge fund Snow Park

Cedar Realty Trust Inc said on Friday it had reached a settlement agreement with Snow Park Capital Partners LP, bringing an end to the activist hedge fund's campaign against the retail-focused real estate investment trust (REIT).