Tag Archives: Purchase
RioCan Real Estate Investment Trust Provides Update on Recent Acquisition Activities – msnbc.com
In the first quarter of 2011, RioCan completed the acquisition of varying interests in nine properties in Canada at an aggregate purchase price of $ 91.9 million with a weighted average cap rate of 6.6%. In March 2011, RioCan acquired … Continue reading
Ashford JV to Acquire Premium Hotels – Zacks.com
Ashford JV to Acquire Premium HotelsZacks.comThe acquisition was made for a total price of $1.3 billion at a capitalization rate of 6.1%, which equates to a purchase price of $158000 per key and an EBITDA (earnings before interest, tax, depreciation … Continue reading
Ashford Hospitality Joint Venture Acquires Highland Hospitality Portfolio for … – Business Wire (press release)
Ashford Hospitality Joint Venture Acquires Highland Hospitality Portfolio for …Business Wire (press release)Based on 2010 results, the purchase price equates to an EBITDA multiple of 13.4x and a capitalization rate of 6.1% utilizing NOI that is approximately 36% below its … Continue reading
Ashford Hospitality Joint Venture Acquires Highland Hospitality Portfolio for … – Bradenton Herald
Ashford Hospitality Joint Venture Acquires Highland Hospitality Portfolio for …Bradenton HeraldBased on 2010 results, the purchase price equates to an EBITDA multiple of 13.4x and a capitalization rate of 6.1% utilizing NOI that is approximately 36% below its peak levels. … Continue reading
RioCan Real Estate Investment Trust Provides Update on Recent Acquisition … – Marketwire (press release)
RioCan Real Estate Investment Trust Provides Update on Recent Acquisition …Marketwire (press release)The final three properties were acquired at a purchase price of US$62.1 million at a cap rate of approximately 7.7%. RioCan has acquired a 75% interest in … … Continue reading
TransGlobe Apartment REIT Announces Significant Portfolio Acquisition, Public … – Benzinga
TransGlobe Apartment REIT Announces Significant Portfolio Acquisition, Public …BenzingaThe purchase price for the Acquisition Properties and the Notes (the "Acquisition") of approximately $277 million implies a capitalization rate of … read more
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
Senior Housing Properties Trust to Buy 27 Medical Properties for $470 Million – MarketWatch (press release)
Senior Housing Properties Trust to Buy 27 Medical Properties for $470 MillionMarketWatch (press release)However, the purchase price capitalization rate for certain properties, such as the office building attached to Cedars Sinai Hospital, are lower. … and more » read more