EagleRidge News
Acquisition - Veterans Square Retail Center
December 2021
EagleRidge Realty Trust, Inc. is pleased to announce that the Company has acquired Veterans Square Retail Center on December 17, 2021. These 2 buildings are fully leased and located at the corner of 40th Avenue South and Veterans Blvd.
EagleRidge Realty Trust Offering
November 2021
The Company is offering up to $7,005,000 worth of common stock of the Company, pursuant to a confidential private placement memorandum. The first $2,001,000 in shares are being offered at $11.50 per share. The remaining shares will be offered at $12.00 share. A minimum investment of $25,000 worth of shares is required, unless waived in the sole discretion of the Company. This offering will expire December 30, 2021.
Interested investors should contact any of the Company directors or Investor Relations at IR@eagleridgecompanies.com for more information about this offering.
Dividend Declaration - October 2021
October 2021
The Board of Directors of EagleRidge Realty Trust, Inc. declared a dividend of $0.18 per share payable April 30, 2021 to shareholders of record as of April 15, 2021. EagleRidge Realty Trust has paid dividends for the last five years and this is the 22nd consecutive quarterly dividend.
Acquisition - Evelyn Acres Townhomes
June 2021
We are pleased to announce that the Company has acquired Evelyn Acres Townhomes. Evelyn Acres are one-of-a-kind townhomes conveniently located off 40th Avenue near 45th Street in Fargo, ND. The acquisition of Evelyn Acres Townhomes was effective June 1, 2021. This acquisition increased our total assets by $6.6 million dollars.
Dividend Declaration - April 2021
April 2021
The Board of Directors of EagleRidge Realty Trust, Inc. declared a dividend of $0.18 per share payable April 30, 2021 to shareholders of record as of April 15, 2021. EagleRidge Realty Trust has paid dividends for the last five years and this is the 22nd consecutive quarterly dividend.
EagleRidge Realty Trust Offering
April 2021
EagleRidge Realty Trust, Inc. is offering up to $7,005,000 worth of shares of common stock of the company for the purpose of acquiring additional properties. The first $2,001,000 in shares will be offered at $11.50/share. The remaining shares will be offered at $12.00/share.
There will be a minimum subscription of $25,000 from each investor, unless waived by the Company. Securities offered by means of a private placement memorandum and related materials, which contain important information regarding the company including a description of important risk factors which every investor should consider.
Interested investors should contact any of the Company directors or Investor Relations at IR@eagleridgecompanies.com for more information about this offering.
Acquisition - 49th Ave Apartments, LLC
April 2021
EagleRidge Realty Trust, Inc. is pleased to announce that it has acquired 49th Avenue Apartments, LLC (The Grand off 45th). The Grand off 45th consists of 3 new upscale apartment buildings located at the intersection of 45th Street S. and 52nd Avenue S. in Fargo, ND. The acquisition of The Grand off 45th was effective April 1, 2021. Check out The Grand off 45th here: The Grand off 45th.
Acquisition - Maplewood Townhomes, LLC
January 2021
The Company is pleased to announce that it has acquired Maplewood Townhomes. Maplewood Townhomes consists of 60 townhomes located South of 52nd Avenue in Fargo, ND. The acquisition of Maplewood Townhomes was effective January 1, 2021. Check out Maplewood Townhomes here: Maplewood Townhomes Fargo.