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Monday, July 15, 2013

07/15/13 The Raw RIET Industry News Feed

Comprehensive Real-Time News Feed for REIT.

  • Pure Multi-Family gets $30M for Irving property 2013-07-15, 09:09 pm
    Vancouver-based Pure Multi-Family REIT LP received $29.5 million in debt for Vistas at Hackberry Creek, a 560-unit apartment community in Irving.
  • Milestone REIT to buy Colorado apartment complex for $40.5 million 2013-07-15, 08:47 pm
    ... US$22.3 million at an interest rate of 3.66 per cent and will pay for the balance of the complex by drawing on the REIT's US$50 million revolving credit facility. Milestone Apartments REIT has a portfolio of 53 multifamily garden-style residential ...
  • Alpha-Oriented ETFs In A Beta-Dominated Stock Market 2013-07-15, 08:20 pm
    ... one is getting a non-correlated asset that may be at an earlier stage in stimulus and/or economic turnaround. SPDR DJ REIT ( RWR ) may also be worth a second look. The Fed fake-out that obliterated yield-sensitive assets between May-June has likely ...
  • Steadfast Income buys two DFW apartment communities 2013-07-15, 08:14 pm
    ... in Fort Worth, seen above, were sold to an investment group this spring. Irvine, Calif.-based Steadfast Income REIT Inc. bought two North Texas apartment properties for a total of $31.9 million with plans to update the apartment homes. The real ...
  • 5 Top Real Estate Dogs Exhibit 30% To 40% June Upside 2013-07-15, 07:49 pm
    Morningstar / YChart real estate sector results tallied as of market closing prices June 28 compared with analyst mean target gain results one year hence showed ARMOUR Residential REIT , CYS Investments , Apollo Residential Mortgage , Newcastle Investment Corp. , and American Capital Mortgage exhibiting 34.39% to 41.99% price upsides.
  • Galen G.'s big gamble 2013-07-15, 07:39 pm
    ... a number of very transformational things, starting with reorganizing a lot of their distribution channels, then the REIT has surfaced tremendous value, the Shoppers deal, you've seen a couple of dividend increases over the last year. So to some ...
  • Scott Black's Top 5 Second Quarter Increases 2013-07-15, 07:28 pm
    ... 0.07% of his total portfolio. Black's holding history of Franklin Street Properties: Franklin Street Properties is a REIT focused on investing in institutional-quality office properties in major U.S. markets. FSP's strategy is to invest in select ...
  • Moody's Report: Self-Storage Industry Poised for Strong Growth in 2013 2013-07-15, 04:19 pm
    The U.S. self-storage sector will continue to exhibit strong growth in 2013, driven by consumer demand, rising rental rates and a limited supply of new facilities, according to a new report from Moody's Investors Service, a provider of credit ratings, research and risk analysis.
  • Canada Stocks-Shoppers soars on Loblaw deal, TSX at 1-month high 2013-07-15, 04:02 pm
    ... and vice president of research at Global Securities in Vancouver. "It spun off its real estate operations into a REIT, and now it's come out of the blue and made this big acquisition. "The very fact that the market reaction has been so favorable ...
  • Zacks #1 Ranked Real Estate Mutual Funds - Best of Funds 2013-07-15, 03:04 pm
    Even though real estate has been through tough times recently, securities from this sector should continue to be an integral part of portfolios with a long term horizon.
  • Choice Properties Real Estate Investment Trust Announces the Exercise ... 2013-06-26, 03:00 am
    /CNW/ - Choice Properties Real Estate Investment Trust ("Choice Properties" or the "REIT") (TSX: CHP.UN) announced today that pursuant to the underwriting agreement dated among the REIT, Loblaw Companies Limited ("Loblaw") and a syndicate of ...
  • Stick To Short Duration To Weather Rising Rates - " Carret 2013-07-15, 06:33 pm
    It might be conventional wisdom that short-duration bond portfolios are best suited to weather rising interest rates, but it bears repeating as we await the latest public musings from Fed Chairman Ben Bernanke this week.
  • FAM Real Estate Investment Trust buys office complex for $39 million 2013-07-15, 05:53 pm
    ... 88 per cent of the base rent. The trust said there were no major tenant leases expiring before December 2015. FAM REIT also said Monday it planned to raise about $20 million to help pay for the deal in an offering of 2.23 million units at $9 per ...
  • Summit Industrial Income REIT Announces Distribution of $0.0408 Per Unit 2013-07-15, 05:01 pm
    Summit II has reserved 1,801,311 units for issuance under the DRIP, and as of the date of this news release, insiders holding approximately 2.9% of the outstanding units of Summit II participate in the DRIP.
  • AmREIT Announces Common Stock Offering 2013-07-15, 04:58 pm
    ... jurisdiction. AmREIT believes it has one of the highest quality grocery and drugstore anchored retail portfolios in the REIT sector. AmREIT's 29 year-old established platform has localized acquisition, operation and redevelopment expertise in the ...
  • NorthStar Realty Finance Announces Second Quarter 2013 Earnings Conference Call 2013-07-15, 04:05 pm
    ... a diversified commercial real estate investment and asset management company that is organized as an internally managed REIT. For more information, visit www.nrfc.com .
  • Granite REIT Notice of Conference Call for Second Quarter 2013 Results 2013-07-15, 04:03 pm
    The number to use for this call is 1-800-734-4208. Overseas callers should use +1-416-981-9036.
  • Loblaw's Choice Properties REIT helps IPOs beat TSX for first time in 4 years 2013-07-15, 03:53 pm
    Real estate investment trusts led by Choice Properties REIT are helping initial public offerings outpace Canada's benchmark index for the first time in four years on speculation dividend payers will hold up better than commodity shares as global economic growth slows.
  • JP Morgan: Bullish On Corporate Bonds, Neutral On Duration 2013-07-15, 03:33 pm
    While Barclays sees better value in junk bonds , JP Morgan prefers investment-grade corporates and sees more risk in high-yield right now: Looking ahead, we remain somewhat cautious on risky assets.
  • Yield-Enhanced Products the Latest Investor Time Bomb 2013-07-15, 03:23 pm
    If you thought derivatives - the demons that nearly brought down the global financial system in 2008 - had gone away, think again.

Tuesday, June 25, 2013

06/25/13 Comprehensive Real-Time News Feed for REIT.


  • Phoenix Cigna buildings sold for $55 million to California REIT 2013-06-25, 01:22 pm
    A Los Angeles-based real estate investment trust has purchased Cigna Healthcare of Arizona Inc.'s two-building office campus in north Phoenix for $54.5 million, according to a statement by Cushman & Wakefield of Arizona Inc. The two buildings, which total more than 232,000 square feet, are located just off Interstate 17 along Happy Valley Road ... (more)
  • Phoenix Cigna buildings sold for $55 million to California REIT 2013-06-25, 01:11 pm
    ... The Cigna buildings mark the second Valley acquisition by El Segundo, Calif.-based Griffin Capital Essential Asset REIT in recent months. The other was the $32.5 million purchase of the 222,000-square-foot Avnet Inc. warehouse building in south ...
  • Healthcare Trust Of America: 5.3% Yield And Insider Buying 2013-06-25, 12:53 pm
    Followers of Real Estate Investment Trusts are all too aware of this recent pullback in equities.
  • 10 Dividend Achiever Dogs Track 7.4% To 16.7% Net Gains In June 2013-06-25, 12:52 pm
    This article reports results from the NASDAQ Dividend Achievers 50 Index calculated as of June 14, 2013 projecting gain results one year hence.
  • Credit Market Liquidity Drying Up As Bond Prices Fall 2013-06-25, 12:51 pm
    One of the greatest risks an investor takes by investing in less-frequently traded asset classes is that when it comes time to sell their holdings, nobody will be there to buy them.
  • Book Value Erosion: Are Agency mREITs Alone? 2013-06-25, 11:08 am
    Volatility in the mortgage markets have increased since the first quarter and I believe it will not subside anytime soon because the Fed has again linked the QE unwinding with macroeconomic improvements.
  • NorthWest Healthcare Properties REIT announces time for issuance of... 2013-06-25, 10:52 am
    The conference ID is 1970152. The webcast can be accessed from the "Investor Relations" page, under "Webcasts & Presentations" of the REIT's web site at www.nwhp.ca , and will be archived for 30 days.
  • Fitch Affirms Home Properties' IDR at 'BBB'; Outlook Stable 2013-06-25, 10:23 am
    ... of 3.9% that troughed at -1.1% in 2003 and was flat during the most recent recession. This compares favorably to the REIT peer group which averaged lower annual growth (1.6%), troughed at -6.2% in 2003 and declined -4.7% in 2009. Further, HME's cash ...
  • Firm goes public with sustainable infrastructure 2013-06-25, 09:49 am
    ... real estate developments and investors can avoid corporate income taxes, subject to certain guidelines. The IRS granted REIT status to Hannon Armstrong in July. Another sustainable infrastructure REIT is the Old Bethpage, N.Y.-based Power REIT. ...
  • IndiSoft Enters Commercial Real Estate Market, Helps Brillion Asset... 2013-06-25, 09:04 am
    ... connects Brillion to real estate agents and its clients, including banks, credit unions, real estate investment trusts (REIT), private equity funds and hedge funds. It provides one seamless platform for Brillion to efficiently receive orders and ...
  • Schorsch: Market Overreacts on Interest Rates 2013-06-25, 08:43 am
    'Expectations that the Federal Reserve could end its quantitative-easing programs amid a strengthening US economy have made yield-oriented equity investments such as REITs relatively less attractive' is how Bloomberg recently summed up the decline in REIT stock prices since late May. Last week, the Bloomberg REIT Index fell 4.2% on fears of rising ... (more)
  • Will Dividend-Paying Stocks Fall More Than the Market? 2013-06-25, 08:35 am
    ... since the end of April, as shareholders prepare for what could be the end of favorable conditions for the mortgage-REIT industry and its high-leverage business model. Why dividend stocks are falling The key to understanding the pressure that ...
  • Polling the Public About Investing Is Loads of Fun 2013-06-25, 08:30 am
    ... right - Real Estate has been rallying since 2011. It was their second favorite asset class behind gold. The Vanguard REIT index is up about 30% since then - so they did manage to pick one asset class out of 4 that worked out. Source : Americans ...
  • Capital Growth Management's Small-Cap Picks 2013-06-25, 08:00 am
    ... million shares in its portfolio according to its own 13F (find Generation's favorite stocks) . , another hotel-focused REIT that primarily owns upscale hotels, was another of Capital Growth Management's small cap picks. This shows that the fund is ...
  • Dow Jones Industrial Average Rebounds Amid Central Bank Reassurances 2013-06-25, 07:13 am
    The Dow Jones Industrial Average is signaling a higher open, following a pair of comments made by central banks in both the U.S. and China.
  • Head-To-Head: Real Estate Industry ETFs 2013-06-25, 07:00 am
    After suffering tremendous losses during the 2008 housing bubble, real estate investments have managed to claw their way back and are showing promising signs once again.
  • Should retirement savers use alternative assets? 2013-06-25, 06:58 am
    Bill Losey has nearly 25 years experience in the financial services industry and is a Certified Financial Planner practitioner and Certified Retirement Coach.
  • Kimco Boosts Stake in Retail Portfolio 2013-06-24, 03:00 am
    ... Food Markets and Safeway, as well as Home Depot, Nordstrom Rack, Bed Bath & Beyond and T.J.Maxx. The shopping center REIT and UBS assembled it between 2005 and 2007. In an earnings calls this past February, Kimco president and CEO David Henry called ...
  • American Capital Agency Corp. - Book Value Resilience In The Face Of Rates Back-Up 2013-06-24, 03:00 am
    Editor's notes: AGNC's recent sell-off is overdone and investors are focusing on the wrong risks, says sector expert REIT Analyst.
  • The REIT Way To Build A Fortress Of Dividends 2013-06-25, 03:51 am
    ... tide. In addition, I always design a massive moat so that my fortress is protected and my hard work lasts longer. In REIT-dom my fortress building strategy is not different than my beach shore blueprint. In both instances, I am constructing a solid ...

Tuesday, April 9, 2013

04/09/13 The Raw REIT News Feed


Comprehensive Real-Time News Feed for REIT.

  • Health Care REIT, Inc. Announces Conversion Option for 3.00% Convertible Senior Notes Due 20292013-04-09, 09:01 am
    Health Care REIT, Inc. today notified holders of the $494,403,000 outstanding principal amount of its 3.00% Convertible Senior Notes due 2029 that they are entitled to convert all or a portion of their Notes into cash and, if applicable, shares of the company's common stock .
  • Empire State Building IPO Would Sell Landmark to Public 2013-04-09, 08:42 am
    ... other wants to roll up the Empire State with 18 other New York area properties into a Real Estate Investment Trust, or REIT, and sell shares of it to the public. If the IPO faction prevails, and shares do become available for purchase, will they be ...
  • Carter Validus Buys Data Centers in Boston, Raleigh 2013-04-09, 08:18 am
    Carter Validus Mission Critical REIT continues to acquire data center properties.
  • NY Landmark to Be Sold to Public 2013-04-09, 07:58 am
    ... other wants to roll up the Empire State with 18 other New York area properties into a Real Estate Investment Trust or REIT and sell shares of it to the public. If the IPO faction prevails, and shares do become available for purchase, will they be ...
  • Japan PM Abe aide - Bank of Japan has further easing options 2013-04-09, 07:36 am
    The Bank of Japan still has options at its disposal to ease monetary policy further if needed, including boosting purchases of government bonds, exchange-traded funds and real-estate trust funds, a key economic adviser to Prime Minister Shinzo Abe said on Tuesday.
  • The Bank Of Japan And REITs 2013-04-09, 06:31 am
    ... Japan will, in fact, be approving the allocation of 30 billion yen to be invested in REITs. This is good news for the REIT industry, as it opens the floodgates for a renewed and sustained increase in REIT investing from Japan, who last year bought a ...
  • 5 Key Factors I Look For In a Reit 2013-04-09, 06:30 am
    ... at the shareholder level, there is more money for distributions to shareholders. In addition, a portion of your typical REIT distributions is non-taxable and it is treated as return of capital for tax purposes. This decreases shareholder's basis in ...
  • Investing In Industrial REITs Part 2: CapLease Evades The Pure-Play Premium 2013-04-09, 06:29 am
    There are good reasons to want exposure to the industrial REIT sector as it has growth potential from new development as well as contractually steady revenue streams.
  • REITs Make Strong Q1 Showing 2013-04-09, 05:48 am
    ... though trusts had the upper hand on the 12-month basis ended on March 28. What's more, virtually all sectors with the REIT market posted first-quarter positive-often double-digit-returns. 'The FTSE NAREIT All REITs Index delivered a 9.11% total ...
  • Walker & Dunlop - A Bet On The Return Of Commercial Real Estate Lending 2013-04-09, 05:16 am
    ... to expand into other types of commercial lending and to develop non-GSE conduits to deliver their loans such as a REIT or into private label CMBS. They admit that these moves will put them in more direct competition with lenders that have a lower ...
  • Select Income REIT ups dividend 2013-04-09, 04:10 am
    9 April 2013 -- Massachusetts, USA-based office real estate investment trust Select Income REIT (NYSE: SIR) said it has raised its regular quarterly common distribution by USD 0.02 to USD 0.44 per common share (USD 1.76 per share per year). This ...
  • KLCCP Expects First Shariah REIT To Be Among Asia's Largest Property Groups 2013-04-09, 03:36 am
    ... Bhd (KLCCP) expects its KLCCP Stapled Group, the first-ever shariah-compliant stapled real estate investment trust (REIT), to become one of the largest property groups in Asia with a market capitalisation of RM12 billion. Chief Executive Officer ...
  • U.S. IPO Recap: 9 Set Terms, 8 File As Market Springs To Life 2013-04-09, 03:29 am
    ... plays were added to the calendar last week. Hannon Armstrong Sustainable Infrastructure Capital ( HASI ), a structured REIT that provides financing for clean energy projects, expects to raise $200 million. KNOT Offshore Partners ( KNOP ), an LP ...
  • When I Say That AmREIT Is Irreplaceable, I Mean It's A Good REIT To Buy Today 2013-04-09, 02:57 am
    ... Stock Exchange. The purpose for the previous article was to introduce investors to this Houston-based shopping center REIT and its differentiated value proposition. With the exception of just a few REITs, I rarely recommend REIT IPO's because as ...
  • CYS Investments: 15-20% Upside, 11% Yield, Low Capital Loss Risk 2013-04-09, 02:57 am
    CYS Investments is a mortgage REIT that was first issued on the NYSE in 2009, with about $2bb in market cap.
  • KLCC Property Holdings aims to be No. 1 on REIT 2013-04-08, 10:53 pm
    Growth plan: Hashim (left) and Manharlal speaking to reporters at the EGM. The group has a three-pronged approach for expansion. On the left is Chairman of KLCC Property Krishnan CK Menon.
  • Real Estate Still Running 2013-04-08, 09:25 pm
    ... for these REITs to thrive. Another exchange-traded fund in the real estate sector that I follow is the iShares Mortgage REIT Capped ETF ( REM ). As you can see by the chart of REM, this fund has also been a top performer in 2013 and currently sits ...
  • CCA to Pay Special Dividend 2013-04-08, 08:53 pm
    ... of April 19. The dividend is being paid as a precursor to CCA's transformation into a real estate investment trust or REIT, which requires the company to distribute its undistributed earnings and profits before this year. The days of paying for ...
  • More International Dividend ETFs Your Broker Forgot to Mention 2013-04-08, 10:15 pm
    Dividend ETFs are still in style. In March alone, dividend ETFs attracted $3 billion in assets, according to iShares data .
  • KLCC stapled REIT to be among Asia's largest 2013-04-08, 08:20 pm
    KLCC REIT, which will be called KLCCP Stapled Group after a corporate restructuring, is expected to be listed in early May.

Saturday, March 30, 2013

03/20/13 COMPREHENSIVE REAL-TIME NEWS FEED FOR REIT.



  • Relatively High Debt to Equity Ratio Detected in Shares of Apartment... 2013-03-30, 09:45 am
    Below are the three companies in the Residential REITs industry with the highest debt to equity ratios.
  • CapLease has the Highest Debt to Equity Ratio in the Diversified... 2013-03-30, 09:44 am
    Below are the three companies in the Diversified REITs industry with the highest debt to equity ratios.
  • Boston Properties Seals Land Parcel Buyout - Analyst Blog 2013-03-29, 03:15 pm
    Boston Properties Inc. , in collaboration with Hines, announced the completion of the acquisition for a land parcel - 101 First Street, next to the Transbay Terminal.
  • MLT to divest Woodlands Loop property to Advanced CAE 2013-03-22, 07:17 am
    ... about S$4.95 million from the divestment, which will be distributed to unit holders. The real estate investment trust (REIT) added that the divestment is expected to have minimal impact on its net asset value and net property income for FY13/14.
  • Ho Bee not ruling out launching REIT in next 2 years 2013-03-21, 10:12 am
    Luxury property developer Ho Bee Group is not ruling out launching a real estate investment trust (REIT) in the next two years. SINGAPORE : Luxury property developer Ho Bee Group is not ruling out launching a real estate investment trust (REIT) in ...
  • OUE exploring setting up of REIT 2013-03-21, 08:11 am
    Property developer Overseas Union Enterprise (OUE) is exploring the establishment of a real estate investment trust (REIT) on the mainboard of the Singapore Exchange (SGX). SINGAPORE : Property developer Overseas Union Enterprise (OUE) is exploring ...
  • Retailers say REITs are pushing up rental costs 2013-03-20, 10:04 am
    ... CapitaMall Trust Management says it is an industry norm to have rental reversions every three years, regardless of a REIT or non-REIT regime. Some experts believe higher rents are justified as these REIT managers upgrade mall properties to improve ...
  • Deep Deuce apartments in Oklahoma City sell for $38.2 million 2013-03-29, 11:36 pm
    ... complex is the third Oklahoma City metro-area acquisition in the past year for Irvine, Calif.-based Steadfast Income REIT. The real estate investment trust is investing in Oklahoma City because of its strong economy and low unemployment rate, it ...
  • Single Tenant Walgreens Property Sold by the Boulder Group 2013-03-29, 04:45 pm
    The Boulder Group, a net leased investment brokerage firm specializing in single tenant assets, has completed the sale of a net leased Walgreens property located at 9290 Wicker Avenue, St.
  • Westport Funds' 2012 Annual Report 2013-03-29, 03:48 pm
    Dear Fellow Shareholders: A recent column in the Financial Times summarized the effects of central banks' expansionary monetary policy in 2012, which underpinned domestic financial markets.
  • 5 Billionaire Managed REITs To Own 2013-03-29, 02:59 pm
    ... estate business they say it's all about location, location, location. When I look at Real Estate Investment Trusts (REIT), I'm looking at management, management, management. I want to invest in REITs that have ridden the cycles up and down and are ...
  • Corvex, Related Push CWH on Buyout 2013-03-29, 02:28 pm
    ... coverage of the latest transactions and trends shaping the commercial real estate industry. NEWTON, MA- CommonWealth REIT said late Thursday afternoon it had received an unsolicited offer from Corvex Management LP and Related Fund Management LLC to ...
  • REITs are taking over 2013-03-29, 12:52 pm
    ) noted that at least 15 firms are considering a partial or total conversion to a real estate investment trust structure within the coming years. The primary driver behind this transition is simple: investors need reliable income and companies need to save money on increasing taxes.
  • Carter Validus Mission Critical REIT acquires NC data center 2013-03-29, 12:07 pm
    Tampa-based Carter Validus Mission Critical REIT Inc. has purchased Raleigh Data Center for $19.5 million.
  • A New Day for Gramercy 2013-03-29, 10:49 am
    was a high-flying mortgage REIT. The New York-based company was then a big player in the commercial real estate collateralized debt obligation (CRE, CDO) market -- the riskiest in the higher-yielding credit sector. In an effort to balance that risk, ...
  • Hermitage apartment community Canyon Ridge sells for $38.2 million 2013-03-29, 10:16 am
    ... 3868 Central Pike, according to Davidson County property records. The seller was Irving, Texas-based G & E Apartment REIT Canyon Ridge LLC. In 2008, the property sold for $36 million.
  • Asset Allocation And Rebalancing Review 2013-03-29, 09:37 am
    US stocks and US REITs, along with foreign REITs/real estate, have climbed the most this year as the first quarter winds down.
  • Investors Fuel Housing Recovery 2013-03-29, 09:06 am
    ... this month, the firm announced the sale of 93 single-family homes to American Residential Properties ,an Arizona-based REIT, for more than $12 million. MACK is continuing to actively pursue acquisition and redevelopment opportunities to provide ...
  • 's M&A Chatter for Thursday March 28, 2013 2013-03-28, 03:00 am
    ... Corvex Management and Related Fund Management reaffirmed their offer to acquire the outstanding shares Of CommonWealth REIT (NYSE: CWH ) on Thursday, but the bid was lowered from $27 to $24.50. The reason for the reduced offer was explained in a ...
  • California REIT pays $23M for Buda complex 2013-03-29, 07:47 am
    Southern California-based Steadfast Income REIT Inc. purchased its fourth Austin apartment community for $23 million or $87,121 per unit.

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