Blackwells Capital Announces Lawsuit Against Global Net Lease Inc. and The Necessity Retail REIT Inc.

NEW YORK, Dec. 19, 2022 (GLOBE NEWSWIRE) — Blackwells Capital LLC (together with its affiliates “Blackwells” or “we”), today announced the filing of a complaint in Maryland state court against Global Net Lease Inc. (NYSE: GNL) (“Global Net Lease” or “GNL”) and The Necessity Retail REIT Inc. (NASDAQ: RTL) (“Necessity Retail REIT” or “RTL”). The…

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Nation’s First REIT Reveals Succession Plan, Unveils New Company Name

Washington, DC-based Elme Communities (formerly Washington Real Estate Investment Trust or WashREIT) has announced the planned retirement of Stephen Riffee, EVP and CFO, at the end of February 2023. Steven Freishtat, currently VP, finance, is expected to succeed Riffee as CFO. Drew Hammond, currently VP, chief accounting officer and treasurer, is expected to be promoted…

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Nation’s First REIT Reveals Succession Plan, Unveils New Company Name

Washington, DC-based Elme Communities (formerly Washington Real Estate Investment Trust or WashREIT) has announced the planned retirement of Stephen Riffee, EVP and CFO, at the end of February 2023. Steven Freishtat, currently VP, finance, is expected to succeed Riffee as CFO. Drew Hammond, currently VP, chief accounting officer and treasurer, is expected to be promoted…

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