Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc. engages in the acquisition, finance, development, lease, ownership, and management of retail properties. Its property portfolio includes income producing, strip centers, neighborhood, grocery-anchored, community, and free-standing retail properties. The company was founded on June 23, 2011 and is headquartered in Virginia Beach, VA.

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Wheeler Real Estate Investment Trust Inc. Cum Conv Pfd Shs Series D

Wheeler REIT is facing a potential dilution crisis as the deadline for Series D preferred shares to be converted into cash or common shares approaches on September 21, 2023. The company intends significant additional amounts of common stock be issued, which could cause significant selling pressure across Wheeler share classes. The situation could lead to a massive dilution with little benefit for any stakeholders, obscuring otherwise good operating results at the Wheeler entity level.

Wheeler REIT: Gearing Up For Sharemageddon

VIRGINIA BEACH, VA / ACCESSWIRE / May 9, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("WHLR" or the "Company") announced today that it has reported its financial and operating results for the three months ended March 31, 2023 on Form 10-Q. In addition, the Company has posted supplemental information to its website regarding WHLR's financial and operating results for the three months ended March 31, 2023.

Wheeler Real Estate Investment Trust, Inc. Announces the Release of its First Quarter 2023 Financial and Operating Results

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Armada Hoffler Series A Preferred Stock: 7.7% Yield And 14% Upside To Par

VIRGINIA BEACH, VA / ACCESSWIRE / March 2, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("WHLR" or the "Company") announced today that it has reported its financial and operating results for the year ended December 31, 2022 on Form 10-K. In addition, the Company has posted supplemental information to its website regarding WHLR's financial and operating results for the three and twelve months ended December 31, 2022.

Wheeler Real Estate Investment Trust, Inc. Announces The Release of its Fourth Quarter and Year-End 2022 Financial and Operating Results

VIRGINIA BEACH, VA / ACCESSWIRE / January 23, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company") today announced the expiration and final results of its exchange offer (the "Exchange Offer") and related solicitation of consents from the holders of the Company's Series D Cumulative Convertible Preferred Stock (the "Series D Preferred Stock") to certain amendments to the Company's charter that would modify the terms of the Series D Preferred Stock (the "Proposed Amendments"). Expiration of Exchange Offer The Exchange Offer expired at 11:59 p.m.

Wheeler Announces the Expiration and Final Results of the Exchange Offer and Consent Solicitation

The first tender offer for Wheeler Preferred D shares was unsuccessful, as expected, but now the terms have changed. Given the revised incentives around the tender offer, I believe it is more likely that holdouts will break ranks and tender their shares.

Wheeler D Tender Revision - A Corporate Game Of Chicken

VIRGINIA BEACH, VA / ACCESSWIRE / January 5, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company") today announced further revisions to its previously announced offer to exchange (the "Initial Exchange Offer") any and all outstanding shares of the Company's Series D Cumulative Convertible Preferred Stock (the "Series D Preferred Stock") for 6.00% Subordinated Notes due 2027 (the "Exchange Notes"), to be newly issued by the Company, and the related solicitation of consents (the "Consent Solicitation") from the holders of Series D Preferred Stock to certain amendments to the Company's charter that will modify the terms of the Series D Preferred Stock. Revisions to the Terms The Company filed with the Securities and Exchange Commission (the "SEC") a Post-Effective Amendment No.

Wheeler Real Estate Investment Trust, Inc. Announces Further Revisions to Its Exchange Offer and Consent Solicitation

VIRGINIA BEACH, VA / ACCESSWIRE / December 23, 2022 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company") today announced the extension of its previously announced offer to exchange (the "Exchange Offer") any and all outstanding shares of the Company's Series D Cumulative Convertible Preferred Stock (the "Series D Preferred Stock") for 6.00% Subordinated Notes due 2027, to be newly issued by the Company, and the related solicitation of consents (the "Consent Solicitation") from the holders of Series D Preferred Stock to certain amendments to the Company's charter that will modify the terms of the Series D Preferred Stock. The expiration date of the Exchange Offer and Consent Solicitation has been extended from 11:59 p.m.

Wheeler Real Estate Investment Trust, Inc. Announces Extension of Exchange Offer and Consent Solicitation

Wheeler has announced a tender offer for all outstanding preferred D shares. Based on the terms and market reaction, the deal seems unlikely to be accepted without being sweetened.

Wheeler Real Estate Investment Trust - D Tender Update

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The State Of REITs: September 2022 Edition

Cedar Realty Trust

VIRGINIA BEACH, VA / ACCESSWIRE / August 22, 2022 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company") and Cedar Realty Trust, Inc. (NYSE:CDR) ("Cedar") jointly announced today that they have completed the previously announced merger pursuant to the terms of the Agreement and Plan of Merger, as amended, among the Company, WHLR Merger Sub Inc., WHLR OP Merger Sub LLC, Cedar and Cedar Realty Trust Partnership, L.P., the operating partnership of Cedar.

Wheeler Real Estate Investment Trust, Inc. and Cedar Realty Trust, Inc. Announce Completion of Merger

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The State Of REITs: August 2022 Edition

VIRGINIA BEACH, VA / ACCESSWIRE / August 9, 2022 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("WHLR" or the "Company") announced today that it has reported its financial and operating results for the three and six months ended June 30, 2022 on Form 10-Q. In addition, the Company has posted supplemental information to its website regarding WHLR's financial and operating results for the three and six months ended June 30, 2022.

Wheeler Real Estate Investment Trust, Inc. Announces Second Quarter 2022 Financial and Operating Results

Cedar Board of Directors Declares Special Dividend of $19.52 Per Common Share;  Merger Consideration Will Be $9.48 Per Common Share MASSAPEQUA, N.Y. , Aug. 9, 2022 /PRNewswire/ -- Cedar Realty Trust (NYSE: CDR) ("Cedar") today announced that Cedar and Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR) ("Wheeler") have jointly determined that the proceeds to Cedar common shareholders from the sale of Cedar's assets and subsequent merger in a series of related all-cash transactions will total $29.00 per share.

CEDAR REALTY TRUST ANNOUNCES FINAL PROCEEDS OF $29.00 PER SHARE TO COMMON SHAREHOLDERS RESULTING FROM SALE OF ASSETS AND MERGER

First Step in Previously Announced Sale of the Company's Assets and Subsequent Merger MASSAPEQUA, N.Y. , July 8, 2022 /PRNewswire/ -- Cedar Realty Trust (NYSE: CDR) (the "Company") today announced that it has completed the previously announced sale of a portfolio of 33 grocery-anchored shopping centers and a redevelopment property to a joint venture between a fund managed by DRA Advisors LLC and KPR Centers for total gross proceeds of approximately $879 million, including assumed debt.

CEDAR REALTY TRUST ANNOUNCES COMPLETION OF SALE OF GROCERY-ANCHORED PORTFOLIO AND REDEVELOPMENT PROPERTY TO DRA ADVISORS AND KPR CENTERS

VIRGINIA BEACH, VA / ACCESSWIRE / May 11, 2022 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("WHLR" or the "Company") announced today that it has reported its financial and operating results for the three months ended March 31, 2022 on Form 10-Q. In addition, the Company has posted to its website supplemental information regarding WHLR's financial and operating results for the three months ended March 31, 2022.

Wheeler Real Estate Investment Trust, Inc. Announces First Quarter 2022 Financial And Operating Results

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While seemingly beneficial to Cedar common the merger was a bit dirty.

Take A Shower After Reading The Wheeler/Cedar Merger

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Based on published financial statements, common shareholders have negative equity.

Wheeler REIT: Negative Equity For Common Shareholders

VIRGINIA BEACH, Va., May  12, 2020  (GLOBE NEWSWIRE) -- WHLR Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“WHLR” or the “Company”) announced today that it has reported its financial and operating results for the three months ended March 31, 2020 on Form 10-Q. The Company has also posted certain supplemental information regarding the Company's financial and operating results for the three months ended March 31, 2020 to the “Investor Relations” page of its website located at https://ir.whlr.us/

WHLR Real Estate Investment Trust, Inc. Reports First Quarter 2020 Financial and Operating Results

WHLR Real Estate Investment Trust Announces Governance Changes

VIRGINIA BEACH, Va., Jan.  29, 2020  (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers, today announced that it has reduced the balance on the Company’s KeyBank line of credit below $10 million.

WHLR Real Estate Investment Trust Further Reduces Debt

VIRGINIA BEACH, Va., Dec.  17, 2019  (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers, today announced that Egan-Jones Proxy Services, along with prominent independent proxy advisory firm, Glass Lewis, has issued its recommendation for shareholders to vote FOR THE COMPANY’S NOMINEES on its WHITE proxy card.

Egan-Jones Proxy Services Joins Glass Lewis in Recommending That WHLR Shareholders Vote “For” the Company’s Nominees on the White Proxy Card

VIRGINIA BEACH, Va., Dec.  11, 2019  (GLOBE NEWSWIRE) -- Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) (“Wheeler” or the “Company”), a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers, today announced that Glass Lewis, a prominent proxy advisory firm, has issued its recommendation for shareholders to vote FOR THE COMPANY’S NOMINEES on its WHITE proxy card.

Leading Independent Proxy Advisory Firm Glass Lewis Recommends WHLR Shareholders Vote “for” All of the Company’s Nominees on the White Proxy Card

Urges Shareholders to Vote “FOR” All of the Company’s Nominees on the WHITE Proxy Card Urges Shareholders to Vote “FOR” All of the Company’s Nominees on the WHITE Proxy Card

WHLR Releases Presentation to Shareholders

News for Wheeler Real Estate Investment Trust Stock (WHLR)