Tag Archives: Cap

Regency Matches 1Q Estimates – Analyst Blog – NASDAQ

Regency sold 2 wholly-owned properties during the quarter for $ 23.1 million at a weighted average cap rate of 7.4%. The company also sold two land parcels for $ 7.4 million. Subsequent to quarter-end, Regency sold 2 co-investment operating … … Continue reading

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TransGlobe Apartment REIT may get higher offer – Financial Post

Ms. Ma said that implies a cap rate of 5.6%. Mr. Drimmer and PSP Investments hold a combined 26% interest in TransGlobe. The REIT’s board has unanimously recommended that unitholders vote in favour of the transaction. “We believe that a … Continue reading

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Hanley Investment Group Sells New Single-Tenant Walgreens in Victorville, California at 5.69% Cap Rate – Newswiretoday.com

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Hanley Investment Group Real Estate Advisors, one of the most dominant retail investment groups in the western United States and a market leader in the sale of … Continue reading

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Kennedy Wilson Sells Multifamily Properties in San Jose and Portland for $154 Million – Yahoo Finance

360 Residences, a 213-unit luxury residential tower in San Jose, CA and Arbor Creek Apartment Homes, a 440-unit community in Beaverton, OR were traded to separate buyers at an average cap rate of 4.5%. Kennedy Wilson acquired the first trust … Continue reading

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Terreno Purchases Virginia Property – Yahoo Finance

The estimated stabilized cap rate of the asset is 7.5%. Total acquisition cost of the property included the initial purchase price, the effects of marking assumed debt to market, due diligence and closing costs, estimated near-term capital … “cap rate” … Continue reading

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Terreno Realty Corporation Acquires Building in Sterling, VA for $6.1 Million – Yahoo Finance

The estimated stabilized cap rate of the property is 7.5%. Estimated stabilized cap rates are calculated as annualized cash basis net operating income stabilized to market occupancy (generally 95%) divided by total acquisition cost. Total … “cap rate” – Bing … Continue reading

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LaSalle planning to spruce up Hotel Palomar – Washington Post

“We got a great price, a great price per room and on a cap rate basis.” Kimpton will continue to manage the property, making it the 10th hotel the company runs for LaSalle. The seller poured $ 38 million into … Continue reading

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Marcus & Millichap Arranges Sale of Hackensack Apartment Building – GlobeSt. com

Let GlobeSt.com be your source for everything real estate. Hackensack Associates, LP, acquired the property at a 6% cap rate. “The sale price and the cap rate provide a testament to the continuing strong demand for multifamily in northern New … Continue reading

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Lexington Realty Trust Reports Fourth Quarter 2011 Results – msnbc.com

Total disposition activity for 2011 was $ 160.1 million at a weighted-average cap rate of 7.4%. On November 18, 2011, Lexington received $ 11.5 million, in full satisfaction of a $ 10.0 million original principal amount mezzanine loan made in … Continue reading

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Hanley Investment Group Sells Single-Tenant NNN Leased Restaurant Investment in Pico Rivera, Calif. for $1.4 Million – Free Press Release Center

offering authentic, fresh-made Mexican food. The purchase price was $ 1,400,000, which represented a cap rate of 6.50%. The tenant has 7 years remaining on the lease. Situated in Los Angeles County, La Barca Restaurantes, is located at 8407 Washington … Continue reading

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