Modiv (MDV) Announces Latest Portfolio Appraisal
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Modiv Industrial Announces Latest Portfolio Appraisal
February 4, 2025 4:30 PM ESTAddresses Sale Speculation
DENVER--(BUSINESS WIRE)-- Modiv Industrial, Inc. (Modiv or the Company) (NYSE: MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today announced its latest independent, third-party appraisal of its assets resulting in an updated Net Asset Value (NAV) of $24.11 per share as of December 31, 2024.
The following is a statement from Aaron Halfacre, CEO of Modiv Industrial:
This year we engaged Cushman & Wakefield to conduct an appraisal of our 43 properties and to value our three fixed rate mortgages. Their... More
