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VEREIT Inc (VER.N)

VER.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Vereit Inc Announces Pricing Of $550 Mln Of Senior Notes
Friday, 5 Oct 2018 

Oct 4 (Reuters) - VEREIT Inc ::VEREIT, INC. ANNOUNCES PRICING OF $550 MILLION OF SENIOR NOTES.VEREIT INC - VEREIT OPERATING PARTNERSHIP, L.P. PRICED AN OFFERING OF $550 MILLION AGGREGATE PRINCIPAL AMOUNT OF 4.625% SENIOR NOTES DUE 2025.  Full Article

Vereit Q2 Adjusted FFO Per Share $0.18
Friday, 3 Aug 2018 

Aug 3 (Reuters) - VEREIT Inc ::VEREIT® ANNOUNCES SECOND QUARTER 2018 OPERATING RESULTS.SEES FY 2018 ADJUSTED FFO PER SHARE $0.70 TO $0.72.Q2 REVENUE $315.7 MILLION VERSUS $308.2 MILLION.Q2 ADJUSTED FFO PER SHARE $0.18.Q2 FFO PER SHARE $0.08.REAFFIRMING 2018 AFFO PER DILUTED SHARE GUIDANCE RANGE OF $0.70 AND $0.72.Q2 FFO PER SHARE VIEW $0.18 -- THOMSON REUTERS I/B/E/S.FY2018 FFO PER SHARE VIEW $0.71 -- THOMSON REUTERS I/B/E/S.  Full Article

Vereit Reports Q1 FFO Per Share $0.17
Friday, 4 May 2018 

May 4 (Reuters) - VEREIT Inc ::VEREIT® ANNOUNCES FIRST QUARTER 2018 OPERATING RESULTS.Q1 REVENUE $315.1 MILLION VERSUS $320.9 MILLION.Q1 FFO PER SHARE $0.17.Q1 ADJUSTED FFO PER SHARE $0.18.BOARD AUTHORIZED EARLY TERMINATION OF SHARE REPURCHASE PLAN AS OF MAY 3.VEREIT - ADOPTED NEW 1-YEAR PROGRAM AUTHORIZING PURCHASE OF UP TO $200 MILLION STOCK, EFFECTIVE IMMEDIATELY FOLLOWING TERMINATION OF PREVIOUS PLAN.  Full Article

Vereit to sell Cole Capital to an affiliate of CIM Group
Tuesday, 14 Nov 2017 

Nov 13 (Reuters) - Vereit Inc ::Vereit to sell Cole Capital to an affiliate of CIM Group.Vereit Inc - ‍in connection with transaction, Vereit may receive up to $200 million​.Vereit - deal consideration comprised of $120 million cash paid at closing, up to $80 million in fees to be paid under 6-year services agreement​.Vereit - ‍services agreement will require co to provide operational real estate support to cole capital for about one year​.  Full Article

VEREIT Inc Q3 FFO per share $0.18
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - VEREIT Inc :VEREIT announces third quarter 2017 operating results.Q3 adjusted FFO per share $0.19.Q3 FFO per share $0.18.Q3 FFO per share view $0.18 -- Thomson Reuters I/B/E/S.Based on year to date performance, increasing AFFO per share guidance to $0.73 - $0.74 from $0.71 - $0.73 ​.FY2017 FFO per share view $0.70 -- Thomson Reuters I/B/E/S.Now sees 2017 AFFO per diluted share guidance range from $0.73 - $0.74.‍​.Sees 2017 FFO attributable to common stockholders and limited partners per diluted share $0.68 - $0.69‍​.2017 guidance assumes same-store rental growth between 0.0 percent and 0.3 percent.  Full Article

Securities fraud defendant agrees to pay $217.5 million to opt-outs. A portent?

On Friday, VEREIT, the successor to a scandal-beset real estate investment trust previously known as American Realty Capital Properties, reached an agreement with four hedge funds represented by Lowenstein Sandler. VEREIT said it would pay the funds $42.5 million to resolve their suits claiming ARCP defrauded investors by inflating a key accounting metric in a 2014 financial report. That’s on top of the $85 million settlement VEREIT entered earlier this month with several other big f