Tag Archives: asset
Equity Residential Buys Prime Rental Complex – GlobeSt. com
AEW Capital Management LP sold the asset on behalf of an institutional client. Although the sale terms were not made public, the cap rate was in the 4.5-4.75% range. The “compressed” level of that cap rate indicates the high demand … Continue reading
Marcus & Millichap negotiates sale of Minnesota Walgreens to Nebraska investor – REjournals.com
Marcus & Millichap negotiates sale of Minnesota Walgreens to Nebraska investorREjournals.comThe asset commanded a sales price of more than $5.2 million and a capitalization rate of 7.14 percent. The Walgreens was sold to a Nebraska investor in a … read … Continue reading
Hotel valuation in the air at Lodging Conference – Hotel News Now
Hotel valuation in the air at Lodging ConferenceHotel News Now“Cap rate is only an indicator,” Hoganson said. “You have to ask what you can do with that asset.” Clark said his company is looking at a hotel that shut … … Continue reading
Fitch Assigns Initial ‘BBB+’ IDR to Kimco Realty Corporation; Outlook Stable – MarketWatch (press release)
Fitch Assigns Initial 'BBB+' IDR to Kimco Realty Corporation; Outlook StableMarketWatch (press release)Unencumbered asset coverage of unsecured debt, calculated by applying a capitalization rate of 8% to unencumbered net operating income (NOI), … and more » read more
Excel Trust Acquires Properties for $71.7 Million – MarketWatch (press release)
Excel Trust Acquires Properties for $71.7 MillionMarketWatch (press release)… properties for a combined asset value of $71749078 at an approximate capitalization rate of 8.5% (excluding land for development in Rockwall, TX). …Excel Trust Buys Five Additional Properties For Combined Asset … Continue reading