Tag Archives: acquisitions

RioCan REIT Reports Acquisition Of Interest In 38 Income Properties In 2011 – RTT News

Further, while the weighted average capitalization rate, or cap rate, was 6.7 percent this year, it was 7.1 percent for the earlier acquisitions. Of the 38 properties, 24 are located in Canada, RioCan elaborated, and carried an aggregate purchase price … Continue reading

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Apartment Investors in US Not Scared by Vinyl Siding in Search for Yield – Bloomberg

Apartment Investors in US Not Scared by Vinyl Siding in Search for YieldBloombergApartment-building sales climbed 96 percent to $ 33.7 billion in 2010 from a year earlier, according to Real Capital Analytics Inc., a commercial-property research firm in New York. … Continue reading

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Self Storage Acquisitions Too Hot to Handle? – Self Storage Industry News

Self Storage Acquisitions Too Hot to Handle?Self Storage Industry NewsIn the second half of 2009, the CAP rate was 8.75 percent, the first half of 2010 was 8.45 percent, and the second half of 2010 was 7.75 percent. … read … Continue reading

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ARTIS COMPLETES $104.0 MILLION OF PREVIOUSLY ANNOUNCED ACQUISITIONS AND … – DigitalJournal.com (press release)

ARTIS COMPLETES $104.0 MILLION OF PREVIOUSLY ANNOUNCED ACQUISITIONS AND …DigitalJournal.com (press release)The purchase price for the property is $48.0 million, which represents a going-in capitalization rate of 6.7%. Artis expects to finance the purchase price … and more » read more

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Artis Completes CAD$120.0 Million of Previously Announced Acquisitions … – Marketwire (press release)

Artis Completes CAD$120.0 Million of Previously Announced Acquisitions …Marketwire (press release)The aggregate purchase price for the newly announced acquisitions is CAD$198.4 million, which represents a weighted-average going-in capitalization rate of … and more » read more

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Dundee REIT Posts Strong Q2 Financial Results and Reaches $1 Billion Market Cap – MarketWatch (press release)

Dundee REIT Posts Strong Q2 Financial Results and Reaches $1 Billion Market CapMarketWatch (press release)With $136 million of acquisitions closed and under contract since the end of Q2 alone at a cap rate of over 9%, we will be in … Continue reading

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Apartment rents hitting bottom – OCRegister

Apartment rents hitting bottomOCRegisterMcClave is involved with the acquisitions, financing, and dispositions of apartment buildings, which the company renovates, rents up and, ultimately, … and more » read more

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Equity Residential Reports Second Quarter 2010 Results – MarketWatch (press release)

Equity Residential Reports Second Quarter 2010 ResultsMarketWatch (press release)The weighted average cap rate on these acquisitions excluding the 425 Mass purchase was 5.6%. Also during the first six months of 2010, the company sold … and more » read more

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New Jersey Devils Offseason Activity: Change is Here – In Lou We Trust

New Jersey Devils Offseason Activity: Change is HereIn Lou We TrustIt also brings a top FA to this team, one at a manageable cap rate of $4.25MM a year. While Lamoriello has shown boldness in acquisitions at the trade … … Continue reading

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Artis Announces $62.6 Million of New Acquisitions and $70 Million Equity Offering – Marketwire (press release)

Artis Announces $62.6 Million of New Acquisitions and $70 Million Equity OfferingMarketwire (press release)The purchase price for the Grande Prairie Power Centre is $43.7 million, which represents a going-in capitalization rate of 7.5%. Artis expects to finance … and more » … Continue reading

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