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GO RESIDENTIAL REIT COMPLETES STRATEGIC TRANSACTIONS TO INCREASE SCALE, PROVIDE IMMEDIATE ACCRETION, AND GROW ITS UNENCUMBERED POOL OF ASSETS AND ANNOUNCES JUNE 2026 CASH DISTRIBUTION

Benzinga·
GO RESIDENTIAL REIT COMPLETES STRATEGIC TRANSACTIONS TO INCREASE SCALE, PROVIDE IMMEDIATE ACCRETION, AND GROW ITS UNENCUMBERED POOL OF ASSETS AND ANNOUNCES JUNE 2026 CASH DISTRIBUTION

GO Residential REIT completed acquisitions of 7 Dey Street in Tribeca and Ivy Tower in Times Square, increasing its portfolio to 2,545 residential suites (26% growth). The transactions are expected to be immediately accretive to AFFO per unit and were funded through available cash and $146.3 million in fixed-rate mortgage debt at 4.50%. The REIT approved a monthly cash distribution of $0.05325 per unit for June 2026.

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