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Canadian Apartment Properties REIT's Q1 2025 showed high occupancy at 97.6%, despite a slight year-over-year decrease and a significant 26% increase in average monthly rent. NOI margin dropped to 62.4% due to higher utilities and taxes, but improvements are expected with the recent carbon tax removal. Growth in rent increases has slowed, with a weighted average change of 3.4% compared to 4.1% i...
PARSIPPANY, N.J., May 14, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), priced a private offering of $600 million aggregate principal amount of 8.375% senior notes due 2032 (the “Notes”), which represents a $100 million increas...
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Avis To Contact Him Directly To Discuss Their Options
PARSIPPANY, N.J., May 14, 2025 (GLOBE NEWSWIRE) -- Avis Budget Group, Inc. (NASDAQ: CAR) (the “Company”) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. (together, the “Issuers”), intend, subject to market and other customary conditions, to offer $500 million aggregate principal amount of senior notes due 2032 (the “Notes”) in a priv...
LOS ANGELES , May 13, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Avis Budget Group, Inc. ("Avis" or the "Company") (NASDAQ: CAR) have opportunity to lead the securities fraud class action lawsuit.
NEW YORK , May 12, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Avis Budget Group, Inc. (NASDAQ: CAR) between February 16, 2024 and February 10, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed.
Canadian Apartment Properties Real Estate Investment Trust (OTC:CDPYF) Q1 2025 Earnings Conference Call May 9, 2025 9:00 AM ET Company Participants Nicole Dolan - Investor Relations Mark Kenney - President & Chief Executive Officer Julian Schonfeldt - Chief Investment Officer Stephen Co - Chief Financial Officer Conference Call Participants Jonathan Kelcher - TD Cowen Mike Markidis - BMO Capita...
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