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ENSG

Ensign Group has acquired the real estate and operations of Greater Southside Health and Rehabilitation, a 76-bed skilled nursing facility in Iowa. The real estate was acquired by Standard Bearer Healthcare REIT, Inc., Ensign's captive real estate company, effective August 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 10:07 am

PYPD

PolyPid secures up to $14M in a private placement, extending its cash runway to Q2 2025. The funding supports the ongoing SHIELD II Phase 3 trial of D-PLEX100, with top-line results expected in Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 7:06 am

COR

WBA

Walgreens Boots Alliance (WBA) has sold all its remaining unencumbered shares of Cencora (COR) for approximately $1.1 billion. The proceeds will be used for debt paydown and general corporate purposes. WBA's ownership in COR has decreased from 12% to 10%, but their long-term partnership remains unchanged.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 10:22 pm

HCC

Warrior Met Coal has reaffirmed its capital expenditures for the fiscal year 2024, which are expected to be in the range of $100 million to $110 million.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:42 pm

RMR

The RMR Group (NASDAQ:RMR) has acquired The Ridge at Lowry, a 240-unit apartment community in Denver, for $70 million. This marks RMR's initial investment in residential properties. The property will be rebranded as ARIUM at Lowry and will undergo significant renovations.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 9:15 pm

CIVI

Civitas Resources has raised its full-year 2024 sales volumes to between 335 and 345 MBoe/d and reduced its 2024 capital investment plans by $50 million. The company expects higher third-quarter volumes and oil production compared to the second quarter, with increases in both the Permian Basin and DJ Basin.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:59 pm

ELUT

Elutia Inc. (NASDAQ:ELUT) has generated $15.7 million in gross proceeds from the exercise of outstanding warrants issued in a private placement financing completed in September 2023.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:47 pm

OLP

One Liberty Properties (OLP) announced plans to acquire a fourth industrial property in 2024 for $28.3 million, bringing total acquisitions for the year to over $73 million. The new property in Council Bluffs, Iowa, spans 236,324 sq ft and has an annual base rent of $1.9 million with a 6.1-year weighted average lease term. The acquisition will be funded by cash and a $17 million mortgage at 5.89% interest.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:43 pm

CUZ

Town Lane and Cousins Properties have acquired a 526,000 sq ft Class A office building, Proscenium, in Midtown Atlanta for $83 million. The joint venture involves Town Lane owning 80% and Cousins Properties owning 20%. Cousins will also provide property management and leasing services.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:41 pm

OHI

Omega Healthcare Investors (OHI) has increased its 2024 AFFO guidance to $2.78-$2.84 per diluted share, up from the previous estimate of $2.70-$2.80. This includes $648 million in new investments, quarterly G&A expenses of $11.5M-$13.5M, $77M in asset sales, and timely operator restructurings and transitions.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 8:37 pm