Owens Realty Mortgage Inc. Com (ORM) 15.86 $ORM
Owens Realty Mortgage, Inc. Added to Russell 2000(R) and Russell 3000(R) Indexes
GlobeNewswire - Mon Jun 30, 3:35PM CDT
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT: ORM) (the "Company"
announced today that it has been added to the Russell 2000(R) and Russell 3000(R) Indexes as part of the Russell Investment Group's reconstitution of its family of U.S. indexes that took place after the close of the stock market on June 27, 2014.
Owens Realty Mortgage, Inc. Announces Second Quarter 2014 Common Stock Dividend
GlobeNewswire - Fri Jun 20, 3:17PM CDT
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT:ORM) announced today that its Board of Directors has declared a quarterly dividend of $0.05 per share of common stock for the quarter ending June 30, 2014. The dividend is payable on July 14, 2014 to stockholders of record at the close of business on June 30, 2014.
Owens Realty Mortgage, Inc. Secures $21.3 Million Loan for Development of the North Tower at North Bay Village Complex in Miami
GlobeNewswire - Wed Jun 18, 3:46PM CDT
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT: ORM) (the "Company" announced today that TOTB North, LLC (the "Borrower", a wholly-owned subsidiary of TOTB Miami, LLC, has secured a construction loan (the "Loan" from Bank of the Ozarks of up to approximately $21.3 million. TOTB Miami is a Florida limited liability company, which is 80.74% owned by the Company and 19.26% owned by the Company's manager, Owens Financial Group, Inc.
Owens Realty Mortgage, Inc. to Present at NAREIT'S REITWeek 2014
GlobeNewswire - Tue May 20, 4:13PM CDT
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT:ORM) announced today that its Chairman and CEO, Bill Owens, will present at REITWeek 2014: NAREIT's Investor Forum(R) in New York at 11:45 a.m. EDT on Thursday, June 5, 2014.
Owens Realty Mortgage, Inc. Reports Fourth Quarter and Full Year 2013 Financial Results
PR Newswire - Thu Mar 27, 3:15PM CDT
Owens Realty Mortgage, Inc. (the "Company" (NYSE MKT: ORM) today reported financial results for the fourth quarter and year ended December 31, 2013.
Owens Realty Mortgage, Inc. Announces First Quarter 2014 Common Stock Dividend
GlobeNewswire - Fri Mar 21, 7:04PM CDT
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT: ORM) announced today that its Board of Directors has declared a quarterly dividend of $0.05 per share of common stock for the quarter ending March 31, 2014. The dividend is payable on April 14, 2014 to stockholders of record at the close of business on March 31, 2014.
Owens Realty Mortgage, Inc. Announces Agreement to Purchase Additional Parcels from City National Bank in South Lake Tahoe, California
GlobeNewswire - Tue Mar 04, 3:51PM CST
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT:ORM) announced today that the Company's wholly-owned subsidiary, Tahoe Stateline Venture, LLC, has entered into a Purchase and Sale Agreement to acquire from City National Bank ("CNB", for $6,000,000 in cash, nine parcels of land (and certain related assets) that are a portion of the permitted Chateau development at South Lake Tahoe. The nine parcels under contract consist of 3.4 acres of land and development resources, including 188 Tourist Accommodation Units which provide the potential for development of hotel, fractional or condominium designed product and border 16 parcels of land already owned by the Company within the Chateau development. There is also sufficient ground coverage and commercial floor area included in the sale necessary for the potential future development of retail stores and open space.
Owens Realty Mortgage, Inc. Announces 2013 Dividend Income Tax Treatment
PR Newswire - Fri Feb 14, 4:00PM CST
Owens Realty Mortgage, Inc. (NYSE MKT: ORM) announced today the tax treatment for ORM's dividends on its common stock (CUSIP #690828108) for calendar year 2013.
Owens Realty Mortgage, Inc. Announces New $20 Million Financing Facility
GlobeNewswire - Fri Feb 14, 3:54PM CST
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT:ORM) announced today that it has entered into a new two-year term revolving line of credit with California Bank & Trust. The maximum borrowings under the new credit line is $20,000,000 or such lesser amount as may be determined pursuant to borrowing base calculations described in the related agreements. The line of credit will be secured by certain assets of ORM, including first-priority deeds of trust on certain real property assets and trust deeds and all personal property of the Company. "We are very pleased to have closed this financing facility, which gives us additional loan funding capacity and operating liquidity," said William Owens, the Company's Chairman and Chief Executive Officer.
Owens Realty Mortgage, Inc. Announces Quarterly Dividend Policy
GlobeNewswire - Fri Jan 17, 3:20PM CST
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT: ORM) announced today that the Board of Directors has approved a change in the dividend policy from declaration and payment of dividends on a monthly basis to declaration and payment of dividends on a quarterly basis. Accordingly, monthly dividend distributions have been discontinued immediately and the payment of quarterly dividends is expected to commence for the first quarter in April 2014. The adoption of a quarterly dividend policy does not commit the Board of Directors to declare future dividends or the amount thereof.
Owens Realty Mortgage, Inc. Announces Common Stock Dividend
GlobeNewswire - Fri Dec 20, 3:37PM CST
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT: ORM) announced today that its Board of Directors has authorized a dividend of $0.0166256 per share of common stock that is payable on January 14, 2014 to stockholders of record at the close of business on January 3, 2014.
Owens Realty Mortgage, Inc. Added to Russell 2000(R) and Russell 3000(R) Indexes
GlobeNewswire - Mon Jun 30, 3:35PM CDT
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT: ORM) (the "Company"
announced today that it has been added to the Russell 2000(R) and Russell 3000(R) Indexes as part of the Russell Investment Group's reconstitution of its family of U.S. indexes that took place after the close of the stock market on June 27, 2014. Owens Realty Mortgage, Inc. Announces Second Quarter 2014 Common Stock Dividend
GlobeNewswire - Fri Jun 20, 3:17PM CDT
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT:ORM) announced today that its Board of Directors has declared a quarterly dividend of $0.05 per share of common stock for the quarter ending June 30, 2014. The dividend is payable on July 14, 2014 to stockholders of record at the close of business on June 30, 2014.
Owens Realty Mortgage, Inc. Secures $21.3 Million Loan for Development of the North Tower at North Bay Village Complex in Miami
GlobeNewswire - Wed Jun 18, 3:46PM CDT
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT: ORM) (the "Company"
announced today that TOTB North, LLC (the "Borrower", a wholly-owned subsidiary of TOTB Miami, LLC, has secured a construction loan (the "Loan" from Bank of the Ozarks of up to approximately $21.3 million. TOTB Miami is a Florida limited liability company, which is 80.74% owned by the Company and 19.26% owned by the Company's manager, Owens Financial Group, Inc. Owens Realty Mortgage, Inc. to Present at NAREIT'S REITWeek 2014
GlobeNewswire - Tue May 20, 4:13PM CDT
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT:ORM) announced today that its Chairman and CEO, Bill Owens, will present at REITWeek 2014: NAREIT's Investor Forum(R) in New York at 11:45 a.m. EDT on Thursday, June 5, 2014.
Owens Realty Mortgage, Inc. Reports Fourth Quarter and Full Year 2013 Financial Results
PR Newswire - Thu Mar 27, 3:15PM CDT
Owens Realty Mortgage, Inc. (the "Company"
(NYSE MKT: ORM) today reported financial results for the fourth quarter and year ended December 31, 2013. Owens Realty Mortgage, Inc. Announces First Quarter 2014 Common Stock Dividend
GlobeNewswire - Fri Mar 21, 7:04PM CDT
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT: ORM) announced today that its Board of Directors has declared a quarterly dividend of $0.05 per share of common stock for the quarter ending March 31, 2014. The dividend is payable on April 14, 2014 to stockholders of record at the close of business on March 31, 2014.
Owens Realty Mortgage, Inc. Announces Agreement to Purchase Additional Parcels from City National Bank in South Lake Tahoe, California
GlobeNewswire - Tue Mar 04, 3:51PM CST
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT:ORM) announced today that the Company's wholly-owned subsidiary, Tahoe Stateline Venture, LLC, has entered into a Purchase and Sale Agreement to acquire from City National Bank ("CNB"
, for $6,000,000 in cash, nine parcels of land (and certain related assets) that are a portion of the permitted Chateau development at South Lake Tahoe. The nine parcels under contract consist of 3.4 acres of land and development resources, including 188 Tourist Accommodation Units which provide the potential for development of hotel, fractional or condominium designed product and border 16 parcels of land already owned by the Company within the Chateau development. There is also sufficient ground coverage and commercial floor area included in the sale necessary for the potential future development of retail stores and open space. Owens Realty Mortgage, Inc. Announces 2013 Dividend Income Tax Treatment
PR Newswire - Fri Feb 14, 4:00PM CST
Owens Realty Mortgage, Inc. (NYSE MKT: ORM) announced today the tax treatment for ORM's dividends on its common stock (CUSIP #690828108) for calendar year 2013.
Owens Realty Mortgage, Inc. Announces New $20 Million Financing Facility
GlobeNewswire - Fri Feb 14, 3:54PM CST
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT:ORM) announced today that it has entered into a new two-year term revolving line of credit with California Bank & Trust. The maximum borrowings under the new credit line is $20,000,000 or such lesser amount as may be determined pursuant to borrowing base calculations described in the related agreements. The line of credit will be secured by certain assets of ORM, including first-priority deeds of trust on certain real property assets and trust deeds and all personal property of the Company. "We are very pleased to have closed this financing facility, which gives us additional loan funding capacity and operating liquidity," said William Owens, the Company's Chairman and Chief Executive Officer.
Owens Realty Mortgage, Inc. Announces Quarterly Dividend Policy
GlobeNewswire - Fri Jan 17, 3:20PM CST
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT: ORM) announced today that the Board of Directors has approved a change in the dividend policy from declaration and payment of dividends on a monthly basis to declaration and payment of dividends on a quarterly basis. Accordingly, monthly dividend distributions have been discontinued immediately and the payment of quarterly dividends is expected to commence for the first quarter in April 2014. The adoption of a quarterly dividend policy does not commit the Board of Directors to declare future dividends or the amount thereof.
Owens Realty Mortgage, Inc. Announces Common Stock Dividend
GlobeNewswire - Fri Dec 20, 3:37PM CST
via PRWEB - Owens Realty Mortgage, Inc. (NYSE MKT: ORM) announced today that its Board of Directors has authorized a dividend of $0.0166256 per share of common stock that is payable on January 14, 2014 to stockholders of record at the close of business on January 3, 2014.
