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Modiv to Report First Quarter 2022 Financial Results on May 16

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Modiv Inc. (NYSE:MDV) announced its first quarter 2022 financial results will be reported before the market opens on May 16, 2022. A conference call is scheduled for the same day at 8:00 a.m. PT to discuss the results. Modiv, an internally managed REIT, focuses on acquiring, owning, and managing a diversified portfolio of single-tenant net-lease properties, primarily in industrial and retail sectors. As of March 31, 2022, Modiv's real estate portfolio had an estimated fair value of $500 million, covering 2.3 million square feet.

Positive
  • Portfolio valued at $500 million as of March 31, 2022.
  • Focus on single-tenant net-lease properties supports stable cash flow.
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  • None.

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Modiv Inc. (“Modiv” or the “Company”) (NYSE:MDV), an internally managed real estate investment trust (“REIT”) that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate properties, today announced that it will report first quarter 2022 financial results before market on Monday, May 16, 2022. Management will host a conference call on Monday, May 16, at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to discuss the results.

Live conference call: 877-514-3620 (domestic), 201-689-8880 (international) at 8:00 a.m. Pacific Time, Monday, May 16

Webcast: To listen to the webcast, either live or archived, use this link https://event.choruscall.com/mediaframe/webcast.html?webcastid=ZjRceJxJ or visit the investor relations page of Modiv’s website at www.modiv.com.

About Modiv

Modiv Inc. is an internally managed REIT that acquires, owns and manages a diversified portfolio of single-tenant net-lease real estate. The Company primarily invests in industrial and retail properties that are mission critical to tenants. Driven by innovation and an investor-first focus, Modiv is committed to providing investors with Monthly Dividends and More Diversification. As of March 31, 2022, Modiv had a $500 million real estate portfolio (based on estimated fair value) comprised of 2.3 million square feet of aggregate leasable area. For more information, please visit: www.modiv.com.

Forward-looking Statements

Certain statements contained in this press release, other than historical facts, may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements regarding our plans, strategies and prospects, both business and financial. Such forward-looking statements are subject to various risks and uncertainties, including but not limited to those described under the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 23, 2022. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in the Company’s other filings with the SEC. Any forward-looking statements herein speak only as of the time when made and are based on information available to the Company as of such date and are qualified in their entirety by this cautionary statement. The Company assumes no obligation to revise or update any such statement now or in the future, unless required by law.

Investor Inquiries:

Megan McGrath, Financial Profiles, Inc.

Mmcgrath@finprofiles.com

310-622-8248

Source: Modiv Inc.

FAQ

When will Modiv Inc. report its first quarter 2022 financial results?

Modiv Inc. will report its first quarter 2022 financial results on May 16, 2022.

What is the estimated fair value of Modiv's real estate portfolio?

As of March 31, 2022, Modiv's real estate portfolio is estimated to be valued at $500 million.

What time is Modiv's conference call on May 16, 2022?

The conference call on May 16, 2022, is scheduled for 8:00 a.m. Pacific Time.

How large is Modiv's leasable area?

Modiv's portfolio includes 2.3 million square feet of aggregate leasable area.

What types of properties does Modiv invest in?

Modiv primarily invests in industrial and retail properties that are mission critical to tenants.

Modiv Industrial, Inc.

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United States of America
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