Preferred Shares

November 13, 2023

NexPoint Real Estate Finance, Inc. Launches $400 Million Continuous Offering of 9.0% Series B Cumulative Redeemable Preferred Stock

The Series B Preferred Stock is being offered by NexPoint Securities on a "reasonable best efforts" basis. There is no public market for the Series B Preferred Stock and the Company does not intend to apply for a listing of the Series B Preferred Stock on any national securities exchange.

May 16, 2022

Ashford Securities Surpasses $100 Million Capital Raise Milestone for its First Investment Product

Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), and managing broker-dealer for...

October 19, 2021

Cottonwood Communities Increases Private Preferred Stock Offering Size

On October 13, 2021, Cottonwood Communities, Inc filed with the State Department of Assessments and Taxation of Maryland Articles Supplementary...

September 22, 2021

InPoint Commercial Real Estate Income, Inc. Announces Closing of Upsized Public Offering of Preferred Stock

The Company intends to contribute the net proceeds from the offering to its operating partnership, InPoint REIT Operating Partnership, LP...

August 2, 2021

Prospect Capital Corporation Preferred Stock Offering Issuances Exceed $300 Million Across Institutional, Registered Investment Advisor, Wirehouse, and Independent Private Wealth Investors

Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today that Prospect’s preferred stock offerings (collectively, the "Preferred Stock") have exceeded...

March 15, 2021

Prospect Capital Corporation Continuous Preferred Stock Offering Proceeds Exceed $50 Million Since Initial Closing

Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”), announced today that our continuous preferred stock offering of up to...

October 27, 2020

Extra Space Storage Purchases Additional $50 Million of SmartStop Self Storage REIT Preferred Stock

Extra Space Storage Inc. subsidiary Extra Space Storage LP acquired an additional $50 million of SmartStop Self Storage REIT Inc.'s series A convertible...

October 15, 2020

NexPoint Strategic Opportunities Fund Announces Tender Offer for up to 15 Million Common Shares in Exchange for $150 Million in Preferred Shares and Cash, Provides Update on Monthly Distribution and REIT Transition Process

The Fund will conduct the Exchange Offer through a procedure called a “Modified Dutch Auction.”

January 4, 2018

Preferred Stocks: Quick Read

Beth Glavosek | Blue Vault | Preferred stock shares have been around for a long time, but what are they and why are they relevant to investors in alternative investments? Capital stack • Holders of preferred stocks have a higher claim on a company’s assets and earnings than common stock, including the payment of dividends…