Modiv (NYSE: MDV) — Company Overview, News & Financial Data
Modiv is a real estate investment firm managing diversified portfolios in commercial, industrial, and retail sectors for investor growth.
Modiv
Modiv (NYSE:MDV) is a real estate investment firm that specializes in acquiring, owning, and managing a diversified portfolio of real estate properties and assets. Its operations span various sectors, including commercial, industrial, and retail spaces, aiming to leverage market dynamics to maximize investor returns. The company focuses on strategic asset selection, hands-on management, and value-add initiatives to drive performance and growth. Modiv's projects often involve repositioning properties to enhance their value and appeal, alongside pursuing sustainable practices to minimize environmental impact. The objectives of Modiv center around delivering consistent, reliable income to its investors, capital appreciation through tactical asset management, and expanding its footprint in key markets to build a resilient and dynamic portfolio.
Snapshot
Operations
Products and/or services of Modiv
- Real estate investment opportunities offering a simplified approach for small investors to partake in commercial real estate.
- A crowd-funded real estate platform leveraging technology to pool investments for purchasing properties.
- Management of diversified real estate portfolios aimed at generating stable cash flow and value appreciation for investors.
- Provision of an online platform for transparent and efficient transactions, allowing users to invest, manage, and track their real estate investments with ease.
- Educational resources and tools provided to investors for making informed decisions about real estate investments.
- Customer support and advisory services to assist investors in navigating the complexities of real estate investment.
Modiv executive team
- Mr. Aaron Scott Halfacre CFA(R)President, CEO & Director
- Mr. Raymond J. PaciniExecutive VP, CFO, Secretary & Treasurer
- Mr. John C. RaneyChief Operating Officer & General Counsel
- Mr. William R. BromsChief Investment Officer
- Ms. Sara R. GrishamPrincipal Accounting Officer
- Mr. David F. CollinsHead of Asset Management
Latest news about Modiv
Dividend history
Dividends per share paid by Modiv, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2026(to date) | — | — | — | $0.7000 |
| FY2025 | — | — | — | $1.1760 |
| FY2024 | — | — | — | $1.1520 |
| FY2023 | — | — | — | $1.0637 |
| FY2022 | — | — | — | $0.9750 |
Key financials
Reported results for Modiv, in USD.
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 46.4M | 15.9M | 1.1M | |
| 46.8M | 22M | 6M | |
| 47.2M | 2.6M | -6.6M | |
| 43.8M | 4.9M | -3.3M |