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Stock impact report

Modiv Industrial signals systematic asset recycling and heightened selectivity amid volatile deal market [Seeking Alpha]

Modiv Inc. Class C (MDV) 
Company Research Source: Seeking Alpha
Aaron Halfacre, President, CEO & Director, did not provide formal prepared remarks, instead stating the company had intentionally delayed its call to observe broader market reactions and noted, "I feel generally optimistic. I mean, look, I don't -- no one knows Quick Insights Modiv is taking a systematic approach to asset recycling, becoming more selective in acquisitions, and waiting for market clarity before accessing external growth capital. Modiv reported a one-time $300,000 fee from property income, has added assets to its held-for-sale bucket, is targeting 2.5% annual rent growth, and is seeing increased deal flow. Management cites market volatility, unpredictability of capital markets, unclear REIT outlook, cap rate movement, and timing of asset sales as main risks and challenges. Recommended For You More Trending News Show less Read more
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