Old Bethpage, NY, Nov. 05, 2019 -- Power REIT (NYSE American: PW) today reported its results for the quarter ended September 30, 2019. Financial Highlights   Three Months.

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Power REIT (NYSE American: PW) announces that it has completed the acquisition of two greenhouse properties in southern Colorado through two wholly owned subsidiaries for $3.75 million. Power REIT intends to focus on CEA related real estate for growing various crops, including cannabis.

Power REIT’s investment in the expansion is $340,000 and the lease amendment is structured to provide additional straight-line annual rent of approximately $63,000, representing an estimated yield of over 18%. Power REIT acquired Maverick 5 on March 19, 2020 for $150,000. As part of the acquisition, the Trust agreed to fund the immediate construction of 5,040 square feet of greenhouse space and 4,920 square feet of head-house/processing space.

NEW YORK, NY / ACCESSWIRE / September 3, 2019 / Power REIT (NYSE American:PW), a specialized Real Estate Investment Trust, will be presenting at this year's Fall Investor Summit on September 16th at 11:30. The Fall Investor Summit will take place at the Essex House, featuring 160 companies and over 1,000 institutional and retail investors. Power REIT is a real estate investment trust that owns real estate related to infrastructure assets including properties for Controlled Environment Agriculture for the cultivation of cannabis, Renewable Energy and Transportation.

Old Bethpage, NY, Jan. 29, 2020 -- Power REIT ("Power REIT," "we," "our," or the "Company;" NYSE American: PW), today announced the estimated Federal income tax ...

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Power REIT (NYSE American: PW) announces that it has completed the acquisition of 5.2 acre property in southern Colorado for the construction of a greenhouse cultivation facility through a wholly owned subsidiary. Power REIT’s total investment will be approximately $1 million and has a lease that provided straight-line annual rent estimated to be approximately $192,000 which translates to an approximate 19% yield. Power REIT intends to focus on CEA related real estate for growing various crops, including cannabis.

Power REIT (NYSE American: PW) announced that it closed on a $15,500,000 financing to fund acquisitions. Power REIT, through a newly formed subsidiary, completed a financing that is intended to provide capital for acquisition of additional properties on an accretive basis. Power REIT intends to use the proceeds to expand its portfolio of income producing properties.

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Simultaneous with the acquisition, PropCo entered into a lease with an operator (“Sweet Dirt”) that is licensed for medical cannabis cultivation, processing and distribution at the property (“Tenant”). As part of the acquisition, PropCo will reimburse Tenant for $950,000 of the approximately $1.5 million Sweet Dirt has incurred to date related to the construction and will fund up to approximately $2.97 million of costs to complete the construction. Accordingly, Power REIT’s total investment in the property is approximately $4.92 million which translates to approximately $138 per square foot for a state of the art Controlled Environment Agriculture Greenhouse (“CEAG”).

Old Bethpage, NY, July 29, 2019 -- Power REIT (NYSE American: PW) today reported its results for the quarter ended June 30, 2019. Financial Highlights   Three Months Ended.

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Power REIT (NYSE American: PW) is announcing an expanded focus for acquisitions. In addition to its existing high quality real estate related to transportation infrastructure and alternative energy, Power REIT is expanding its focus to include agricultural real estate with a focus on Controlled Environment Agriculture (“CEA”). Power REIT intends to focus on CEA related real estate for growing food as well as cannabis.