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Firm Capital Apartment REIT Announces Acquisition of Controlling Interest in Houston, Texas Joint Venture and 4.2% Distribution Increase

Globe Newswire - Press Release

All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here

All amounts are in US Dollars unless otherwise stated.
TORONTO, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Firm Capital Apartment REIT (the “Trust”), (TSXV:FCA-U.VN), (TSXV:FCA.VN) is pleased to announce the acquisition of the 50% interest that it does not already own from its unrelated third-party partner in the Trust’s Equity Accounted Investment located in Houston, Texas for $4.1 million (the “Transaction”) as well as a 4.2% distribution increase.

Read more at globenewswire.com

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Symbol Last Chg %Chg
FCA.VN 7.170 -2.630 -26.84%
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China Alphadex Fund FT
FCA-U.VN 2.760 +0.010 +0.36%
Firm Capital Apartment Real Estate Investment TR

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