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Content tagged with: REITs

Firm Capital Apt. REIT initiates strategic review of its assets

Don Wilcox Residential REITs International Nov. 17 2022

Management of Firm Capital Apartment REIT (FCA.U-V) has initiated a strategic review to explore alternatives as the trust deals with a discounted unit price and an inability to raise capital to fund its growth plans.

First Capital founder escalates dispute with REIT's management

Don Wilcox Commercial REITs National Nov. 11 2022

The founder of First Capital REIT has joined investor Ewing Morris and Co. in publicly criticizing the trust’s leadership, and in an open letter Dori Segal calls for the resignations or removals of its current CEO and board chair.