Inactive Instrument

Resource REIT, Inc.

RSRL

US76123B1070

Resource REIT, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022

May 12, 2022 at 12:13 pm EDT

Resource REIT, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 60.43 million compared to USD 53.4 million a year ago. Revenue was USD 60.43 million compared to USD 54.61 million a year ago. Net income was USD 152 million compared to net loss of USD 15.51 million a year ago. Basic earnings per share from continuing operations was USD 0.92 compared to basic loss per share from continuing operations of USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.92 compared to diluted loss per share from continuing operations of USD 0.12 a year ago.

Latest news about Resource REIT, Inc.

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