{"id":404243,"date":"2020-12-22T06:48:23","date_gmt":"2020-12-22T11:48:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404243"},"modified":"2020-12-22T06:48:23","modified_gmt":"2020-12-22T11:48:23","slug":"store-capital-announces-december-rent-collections-of-90","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/store-capital-announces-december-rent-collections-of-90\/","title":{"rendered":"STORE Capital Announces December Rent Collections of 90%"},"content":{"rendered":"

<\/p>\n

STORE Capital Announces December Rent Collections of 90%<\/b><\/p>\n

SCOTTSDALE, Ariz.–(BUSINESS WIRE<\/a>)–STORE Capital Corporation<\/a> (NYSE: STOR), an internally managed net-lease real estate investment trust (REIT) that invests in S<\/b>ingle T<\/b>enant O<\/b>perational R<\/b>eal E<\/b>state, today announced December rent collections.\n<\/p>\n

\nAs of December 21, 2020, STORE Capital had received rent payments representing 90% of contractual base rent and interest for the month of December. In addition, according to an updated survey of STORE Capital\u2019s tenants, nearly all the Company\u2019s property locations remained open in December, despite recent renewed restrictions.\n<\/p>\n

\n\u201cWe are encouraged to see December rent collections and operating properties remain on par with October and November. Our remaining lease deferrals continue to be centered in a few highly impacted industries, such as Movie Theaters, Early Childhood Education and Restaurants. With vaccine distribution underway, we and our tenants remain highly encouraged about the 2021 business climate,\u201d said Christopher Volk, STORE Capital\u2019s Chief Executive Officer. \u201cIn the face of the unprecedented challenges we\u2019ve seen this year, we take pride in the resiliency of our tenants, the sectors in which they operate and in our portfolio diversity, all of which continue to deliver for our shareholders.\u201d\n<\/p>\n

About STORE Capital<\/b><\/p>\n

\nSTORE 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<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201222005057\/en\/<\/a><\/span><\/p>\n

\nFinancial Profiles, Inc.
\n
STORECapital@finprofiles.com<\/a><\/p>\n

\nInvestors or Media:
\n
Moira Conlon, 310-622-8220
\n
Lisa Mueller, 310-622-8231\n<\/p>\n

KEYWORDS:<\/b> Arizona United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Construction & Property Commercial Building & Real Estate Construction & Property REIT<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

STORE Capital Announces December Rent Collections of 90% SCOTTSDALE, Ariz.–(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 December rent collections. As of December 21, 2020, STORE Capital had received rent payments representing 90% of contractual base rent and interest for the month of December. In addition, according to an updated survey of STORE Capital\u2019s tenants, nearly all the Company\u2019s property locations remained open in December, despite recent renewed restrictions. \u201cWe are encouraged to see December rent collections and operating properties remain on par with October and November. Our remaining lease deferrals continue to be centered in a few highly impacted industries, such as … <\/p>\n

Continue reading “STORE Capital Announces December Rent Collections of 90%”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404243","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSTORE Capital Announces December Rent Collections of 90% - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/store-capital-announces-december-rent-collections-of-90\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"STORE Capital Announces December Rent Collections of 90% - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"STORE Capital Announces December Rent Collections of 90% SCOTTSDALE, Ariz.–(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 December rent collections. As of December 21, 2020, STORE Capital had received rent payments representing 90% of contractual base rent and interest for the month of December. In addition, according to an updated survey of STORE Capital\u2019s tenants, nearly all the Company\u2019s property locations remained open in December, despite recent renewed restrictions. \u201cWe are encouraged to see December rent collections and operating properties remain on par with October and November. 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