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0.0677073037728775 0.0677073037728775 0.0565420401485975 0.0258682389829931 0.0258682389829931 0.0265498790088954 0.0265498790088954 0.0265498790088954
Stock impact report

Modiv Industrial Announces Latest Portfolio Appraisal

Modiv Inc. Class C (MDV) 
Company Research Source: Business Wire
Addresses 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 estimates of value were then used to calculate our net asset value (NAV) per share as delineated in the table further below and in our accompanying 8-K filing. Our latest NAV represents the 12th independent, third-party appraisal of our portfolio of assets in the past eight years.This latest appraisal, like the other forms of valuation of Modiv (e.g. discounted cash flow models, analysts’ consen Show less Read more
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