STORE Capital Announces January Rent Collections of 91%
January 21 2021 - 6:45AM
Business Wire
STORE Capital Corporation (NYSE: STOR), an internally managed
net-lease real estate investment trust (REIT) that invests in
Single Tenant Operational Real
Estate, today announced January rent collections.
As of January 20, 2021, STORE Capital had received rent payments
representing 91% of contractual base rent and interest for the
month of January.
“We are encouraged to see the positive momentum in rent
collections continue at the start of 2021,” said Christopher Volk,
STORE Capital’s Chief Executive Officer. “With virtually all our
properties continuing to be operational, we and our tenants believe
that vaccination activity will contribute to further business
climate improvements in the months ahead.”
About STORE Capital
STORE Capital Corporation is an internally managed net-lease
real estate investment trust, or REIT, that is the leader in the
acquisition, investment and management of Single Tenant Operational
Real Estate, which is its target market and the inspiration for its
name. STORE Capital is one of the largest and fastest growing
net-lease REITs and owns a large, well-diversified portfolio that
consists of investments in more than 2,500 property locations
across the United States, substantially all of which are profit
centers. Additional information about STORE Capital can be found on
its website at www.storecapital.com.
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