Later, we will conduct a question-and-answer session and instructions will follow at that time [Operator Instructions]. Before we begin, I would like to remind everyone that certain statements made in the course of this call are not based on historical information and may constitute forward-looking statements. When used in this conference call, the words believes, anticipates, expects and similar expressions are intended to identify forward-looking statements.
Exantas Capital Corp. (NYSE: XAN) (the "Company") announced today that it will release its first quarter 2020 operating results on Thursday, May 7, 2020, after the market closes, and it invites investors and other interested parties to listen to its live conference call via telephone or webcast on Friday, May 8, 2020, at 8:30 a.m. Eastern Time.
Exantas Capital (XAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Potential Exantas Capital Corp. (NYSE:XAN) shareholders may wish to note that the Director, Jeffrey Cohen, recently...
NEW YORK, Oct. 16, 2019 /PRNewswire/ -- Exantas Capital Corp. (XAN) (the "Company") announced today that it will release its third quarter 2019 operating results on Wednesday, October 30, 2019, after the market closes, and it invites investors and other interested parties to listen to its live conference call via telephone or webcast on Thursday, October 31, 2019, at 8:30 a.m. Eastern Time. The conference call can be accessed by dialing +1 (888) 895-3561 (U.S. domestic) or +1 (904) 685-6494 (International) with the passcode 1393045 or from the investor relations section of the Company's website at https://exantas.investorroom.com/. For those unable to listen to the live conference call, a replay will be available on the Company's website and telephonically from 11:30 a.m. Eastern Time on October 31, 2019 until 12:00 a.m. Eastern Time on November 8, 2019 by dialing +1 (855) 859-2056 (U.S. domestic) or +1 (404) 537-3406 (International), passcode 1393045.
"The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […]
NEW YORK , Oct. 30, 2019 /PRNewswire/ -- Exantas Capital Corp . (NYSE: XAN) ("XAN" or the "Company") reports results for the three and nine months ended September 30, 2019. Significant ...
Exantas Capital Corp. (NYSE:XAN) (the "Company") announced today that, due to the turmoil in the financial markets resulting from the global pandemic of the COVID-19 virus, the Company and its subsidiaries have received margin calls from CMBS repo financing counterparties. As of the close of business on March 23, 2020, the Company did not meet all of its margin calls. The Company has requested that its CMBS repo financing counterparties forbear from exercising rights under the applicable agreements to allow the Company to evaluate its options for responding to the current situation.
Exantas Capital Corp. (NYSE: XAN) (the "Company") announced that its newly formed subsidiary, Exantas Capital Corp. 2020-RSO8, Ltd. (the "Issuer"), will issue $435.7 million of non-recourse, floating-rate notes ("Offered Notes," the "Securities" or the "Offering") at a weighted average cost of the one-month London Interbank Offered Rate ("LIBOR")+143 basis points. The Offered Notes include: $295.3 million of Class A Notes, which were rated Aaa(sf) by Moody's Investors Service, Inc., and AAA(sf) by DBRS, Inc.("DBRS Morningstar") and will be issued at a coupon of LIBOR+115 basis points; $39.2 million of Class A-S Notes, which were rated AAA(sf) by DBRS Morningstar and will be issued at a coupon of LIBOR+145 basis points; $26.1 million of Class B Notes, which were rated AA(low)(sf) by DBRS Morningstar and will be issued at a coupon of LIBOR+175 basis points; $32.7 million of Class C Notes, which were rated A(low)(sf) by DBRS Morningstar and will be issued at a coupon of LIBOR+215 basis points; $26.1 million of Class D Notes, which were rated BBB(high)(sf) by DBRS Morningstar and will be issued at a coupon of LIBOR+250 basis points; and $16.3 million of Class E Notes, which were rated BBB(low)(sf) by DBRS Morningstar and will be issued at a coupon of LIBOR+280.
Exantas Capital Corp. (NYSE: XAN) (the "Company") announced today that due to the ongoing public health impact of the coronavirus (COVID-19) pandemic and to protect the safety of participants, the Annual Meeting of Stockholders to be held on Wednesday, June 10, 2020 (the "Annual Meeting"), will be held at 11:00 a.m. (Eastern Time) in a virtual meeting format only. Stockholders will not be able to attend the Annual Meeting in person.
Exantas Capital Corp. (NYSE: XAN) (the "Company" or "Exantas") announced that it has expanded its commercial real estate debt platform to include fixed-rate commercial real estate loans through the integration of C-III Commercial Mortgage with its affiliate and external manager, Exantas Capital Manager. The integration enhances the Company's commercial real estate market presence and provides its borrowers a comprehensive offering of transitional to permanent financing solutions. Since 2010 C-III Commercial Mortgage, a leading originator of commercial real estate loans, has originated $3.2 billion of fixed-rate loans and $2.1 billion of floating-rate loans.
If you're interested in Exantas Capital Corp. (NYSE:XAN), then you might want to consider its beta (a measure of share...
Exantas Capital Corp. (NYSE: XAN) ("XAN" or the "Company") reports results for the three months and year ended December 31, 2019.
Exantas Capital Corp. (NYSE: XAN) (the "Company") announced today that its Board of Directors declared a cash dividend of $0.275 per common share for the quarter ending March 31, 2020. The dividend will be paid on April 28, 2020 to holders of record on March 31, 2020.
Exantas Capital (XAN) results will likely reflect benefits of its previous CRE loan investments in Q3. This is expected to have driven its quarterly net interest income.
Exantas Capital Corp. (NYSE: XAN) ("XAN" or the "Company") reports results for the three months ended March 31, 2020.
Exantas Capital (XAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Exantas Capital Corp. (NYSE:XAN) (the "Company") announced today that it will release its fourth quarter 2019 operating results on Tuesday, March 3, 2020, after the market closes, and it invites investors and other interested parties to listen to its live conference call via telephone or webcast on Wednesday, March 4, 2020, at 8:30 a.m. Eastern Time.