STOCK TITAN

286 LENOX PARTNERS UNIT - TESLU STOCK NEWS

Welcome to our dedicated page for 286 LENOX PARTNERS UNIT news (Ticker: TESLU), a resource for investors and traders seeking the latest updates and insights on 286 LENOX PARTNERS UNIT stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect 286 LENOX PARTNERS UNIT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of 286 LENOX PARTNERS UNIT's position in the market.

Rhea-AI Summary

Regal 286 Lenox LLC has initiated a cash tender offer for all outstanding Units of Limited Liability Company Interest from 286 Lenox Partners LLC (TESLU). The offer, outlined in the Offer to Purchase dated February 14, 2023, is set to expire at 5:00 p.m. EST on March 16, 2023. Holders of Units who validly tender them will receive $150.00 per Unit, with payment scheduled on or before April 15, 2023. Georgeson LLC is the information and tender agent for this offer. The press release serves only for informational purposes and does not constitute an offer to buy or sell securities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.03%
Tags
none
-
Rhea-AI Summary

286 Lenox LLC (Ticker: TESLU) announced a cash distribution of $1.92 per Unit for Q3 fiscal 2022, payable on December 2, 2022. This reflects the firm’s robust performance amid market volatility, with no changes in tenant base or cash flows. The building is fully occupied, housing Wells Fargo, the Child Mind Institute, and the Visiting Nurse Service of New York. The distribution is aimed at rewarding unitholders of record as of November 28, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

286 Lenox Partners LLC (TESLU) announced a cash distribution of $1.92 per unit for the fiscal second quarter ending June 30, 2022, payable on August 2, 2022. The company highlights strong performance amid market volatility, emphasizing a robust tenant base and positive cash flow. The building, located in Harlem, is fully occupied by tenants including Wells Fargo and the Child Mind Institute. Unitholders of record as of July 26, 2022 will receive the distribution on the specified date.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

286 Lenox Partners LLC (TESLU) has announced its public offering results and financial updates for the fiscal second quarter ending June 30, 2022. The company completed an offering on March 29, 2022, raising $1,783,250 for a 40.65% interest in Regal 286 Lenox LLC, which operates a fully occupied mixed-use building in Harlem. The NAV per Unit as of March 31, 2022, is $258.99, with an expected distribution of $1.94 per Unit for the upcoming quarter, translating to an annualized rate of approximately 3%. The firm claims a stable tenant mix and robust cash flow.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.05%
Tags
none
286 LENOX PARTNERS UNIT

OTC:TESLU

TESLU Rankings

TESLU Stock Data

Real Estate Services
Real Estate
United States of America
New York