Tag Archives: Realty

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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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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Lexington Realty Trust Announces Acquisition of Build-to-Suit Investment in Huntington, WV – Sacramento Bee

WV for a capitalized cost of approximately $ 12.6 million (9.4% initial cap rate).  Another subsidiary of Lexington provided construction financing for the construction of the facility. (Logo:  http://photos.prnewswire.com/prnh/20070205 … “cap rate” – Bing News

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Inside Realty Income’s Capital Structure – Seekingalpha.com

While this is certainly possible, I believe that the AFFO impact will not be significant, as the remaining leases are on better locations and the rejected locations can be re-leased (albeit after some TI and probable rent reductions). “rent reductions” … Continue reading

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Agree Realty hires chief investment officer as Borders’ bankruptcy creates vacancies – Crain’s Detroit Business

But with a combination of new tenants, diversified tenants and rent reductions it is currently 9 percent of revenue. “With the Borders question mark removed via liquidation, we believe that Agree is worth more without Borders’ leases and associated … … Continue reading

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FBR Capital Riterates an ‘Outperform’ on BioMed Realty (BMR); Unsecured Offering Dilutes, but Leasing News Is Encouraging – StreetInsider.com

FBR analyst says, “Our increased price target is primarily a function of our increased NAV per share estimate of $ 19.00, which is due to a 30-bp applied cap rate reduction, as well as slightly increased fundamental assumptions. Due to … Continue reading

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Signature Investment Realty Pays $5.9M for Philadelphia Apartment – CoStar Group

Signature Investment Realty Pays $ 5.9M for Philadelphia ApartmentCoStar Group… a Philadelphia, PA-based property investment firm, acquired the four-story Sydenham Commons in Philadelphia from Sydenham Commons LLC for $ 5.85 million, or $ 216667 per unit. Students from Temple University … Continue reading

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Waterfront value takes big jump – Queens County Advance

Waterfront value takes big jumpQueens County AdvanceNon-residents of Nova Scotia, homes being purchased and new construction or additions are not included in the CAP rate. Doug White, from Exit Realty Inter Lake in Liverpool, specializes in lakefront property, and says … Continue reading

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With rents on rise, landlords get upper hand – Salt Lake Tribune

With rents on rise, landlords get upper handSalt Lake TribuneLast year, vacancies in Salt Lake County declined to 6.2 percent, and rents have increased by nearly1 percent, according to Apartment Realty Advisors (ARA), which tracks the market. Although the increase … Continue reading

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Associated Estates Realty: Rents To Rise As Job Market Improves – Wall Street Journal

Associated Estates Realty: Rents To Rise As Job Market ImprovesWall Street JournalThe ratio of debt to undepreciated book value of its apartment buildings was reduced to 45.9% at year-end from 55.9% a year earlier, he said. That provides the company … Continue reading

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