VANCOUVER — New York - based Blackstone Property Partners has signed a deal to acquire Vancouver's Pure Industrial Real
Estate Trust in a deal valued at $ 3.8 billion including debt.
Notable mandates: Counsel to B.C.'s Ministry of Transportation and Infrastructure in connection with the Evergreen Line, currently under construction; lead real estate and securities counsel for Pure Industrial Real
Estate Trust in its public offering of over $ 235 million in trust units, and the $ 450 - million acquisition of 55 industrial properties; represented Target Canada in its takeover of Zellers leases in B.C.; acted for Pure Multi-Family REIT in its $ 50 - million IPO
Not exact matches
The real
estate investment
trust that owns and manages shopping centers posted revenue of $ 99.1 million
in the period.
The real
estate investment
trust, based
in New York, said it had funds from operations of $ 55 million, or 23 cents per share,
in the period.
In an attempt to stay ahead of the ever - changing game in retail, Pennsylvania Real Estate Investment Trust Chairman and CEO Joseph Coradino recently sold off 40 percent of his company's portfolio, he told CNB
In an attempt to stay ahead of the ever - changing game
in retail, Pennsylvania Real Estate Investment Trust Chairman and CEO Joseph Coradino recently sold off 40 percent of his company's portfolio, he told CNB
in retail, Pennsylvania Real
Estate Investment
Trust Chairman and CEO Joseph Coradino recently sold off 40 percent of his company's portfolio, he told CNBC.
Instead, they're held by Crombie Real
Estate Investment
Trust (TSX: CRR - UN), which was spun out of Empire Co. Ltd. (TSX: EMP - A), Sobeys» parent company,
in 2006.
From timing the sale of your home to putting your home
in a
trust, here are 18 tips for maximizing your profits on real
estate from GoBankingRates.com.
Canadians can get exposure to the sector
in three ways — investing
in an exchange - listed lumber supplier, buying a timber exchange - traded fund (ETF) or purchasing a timber real
estate investment
trust.
Marriott International Inc. took similar steps
in 1993, when it created what is now Host Hotels & Resorts Inc., the largest U.S. hotel real
estate investment
trust.
(Consider looking for an
estate planner who specializes
in such transfers, using so - called gun
trusts and other tools.)
Last November, RioCan Real
Estate Investment
Trust spent $ 62 million to acquire the property
in partnership with Tanger Factory Outlet Centres, the U.S. firm that invented the discount mall category.
Why it's hot: RE / MAX is a
trusted and widely known real -
estate company, which is why so many people chose to invest
in franchise opportunities.
McDonald's shares jumped
in March after hedge - fund manager Larry Robbins of Glenview Capital Management said
in a Bloomberg article the fast - food chain's market value could rise at least $ 20 billion by converting into a real
estate investment
trust.
The shopping mall real
estate investment
trust posted revenue of $ 1.4 billion
in the period, which also topped Street forecasts.
In a filing with U.S. securities regulators on Thursday, Buffett disclosed he had bought 2 million shares, or an 8 % stake, in Seritage Growth Properties (SRG), a real estate investment trust Sears created last summer to extract money from its enormous real estate holding
In a filing with U.S. securities regulators on Thursday, Buffett disclosed he had bought 2 million shares, or an 8 % stake,
in Seritage Growth Properties (SRG), a real estate investment trust Sears created last summer to extract money from its enormous real estate holding
in Seritage Growth Properties (SRG), a real
estate investment
trust Sears created last summer to extract money from its enormous real
estate holdings.
The Indianapolis - based real
estate investment
trust said it had funds from operations of $ 1.03 billion, or $ 2.87 per share,
in the period.
Real
estate investment
trusts, or REITs, are taking another beating
in the equities market following Amazon's latest deal announcement.
The New Hyde Park, New York - based real
estate investment
trust said it had funds from operations of $ 157.8 million, or 37 cents per share,
in the period.
For investors who see opportunities
in the real estatesector, but prefer to avoid the disadvantages of buying physical property, real
estate investment
trusts (REITs) offer an attractive alternative.
Toys «R» Us is saddled with debt from a $ 6.6 - billion buyout
in 2005 by KKR, Bain Capital and real
estate investment
trust Vornado Realty T
trust Vornado Realty
TrustTrust.
The National Association of Real
Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same
Estate Investment
Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed
in accordance with generally accepted accounting principles
in the United States («GAAP»), excluding gains or losses from sales of operating real
estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same
estate assets and change
in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real
estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same
estate and
in substance real
estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same
estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.
«I advise the administrator as to where the grants should be made,» said Brian Raftery, a New York - based partner
in the
trusts,
estates and wealth preservation practice at Dentons.
Real
estate investment
trusts, or REITs, are taking another beating
in the equities market Friday following news that Amazon has plans to acquire Whole Foods.
The retailer was saddled
in debt, some $ 4.9 billion, left from a 2005 leveraged buyout for about $ 6.6 billion by private equity giants Kohlberg Kravis Roberts and Bain Capital, as well as real
estate trust Vornado.
But may I add that utilities, like the real
estate investment
trusts, are
in a pile of pain?
Kimco Realty Corp. (NYSE: KIM) is a real
estate investment
trust (REIT) headquartered
in New Hyde Park, N.Y., that is one of North America's largest publicly traded owners and operators of open - air shopping centers.
It is not the first time Brookfield Property's attempt to buy out a real
estate investment
trust in which it already owns a big stake has been rejected.
In some cases, Laboe says, that assistance should come from a
trusted advisor, whose job it is to create financial plans that address complicated issues like taxes,
estate planning and income distributions during retirement.
The real
estate investment
trust, based
in Jersey City, New Jersey, said it had funds from operations of $ 50.7 million, or 50 cents per share,
in the period.
Results from First Data Corp. and Visa showed a surge
in consumer spending since the tax overhaul; the regional banks showed improving loan growth; and numbers from the real
estate investment
trusts told a story of rising demand and favorable deregulation, the «Mad Money» host said.
«The mall - based real
estate investment
trusts are simply not the kind of stocks you want to own
in this environment and you need to use any strength, even relative strength like you're getting at this particular opportunity, to start selling them,» Cramer said.
U.S. stocks have done extremely well since the end of the financial crisis, but real
estate investment
trust GGP has left everyone
in the dust.
The retailer says it also plans to open up to 25 Saks Off Fifth discount stores
in Canada and is eyeing the possibility of starting a real
estate investment
trust.
The special administrator of the
estate, Bremer
Trust, has said it was
in the process of determining the fair - market value of Prince's
estate.
It is a black - eye for its its three owners, KKR, Bain Capital Partners and real
estate investment
trust Vornado Realty Trust, who took the retailer private in 2005 for $ 6.6 billion, leaving it with $ 4.9 billion in
trust Vornado Realty
Trust, who took the retailer private in 2005 for $ 6.6 billion, leaving it with $ 4.9 billion in
Trust, who took the retailer private
in 2005 for $ 6.6 billion, leaving it with $ 4.9 billion
in debt.
He didn't say
in his letter or SEC filings, but
trust and
estate attorneys who specialize
in charitable giving structures said the LLC provides Zuckerberg more flexibility and control over his giving.
One was a stake
in a real
estate investment
trust and the other propped up Home Capital Group Inc., an embattled Canadian mortgage lender.
«I hear all kinds of excuses from business owners who don't want to get involved
in estate planning,» confides Joshua Rubenstein, a partner
in the
estate and
trust department of New York City law firm Rosenman & Colin.
For a listing of specialists
in your area, send a written request to the American College of
Trust and
Estate Counsel at 3415 South Sepulveda Blvd., Suite 460, Los Angeles, CA 90034; phone 310-398-1888.
In 2013, for example, the companies petitioned the IRS to restructure as a Real
Estate Investment
Trust (REIT), switching from their previous designations as class C corporations and effectively reducing their corporate tax liabilities to zero.
«Many corporate law firms do not employ
trust - and -
estate specialists — and the consequences can be costly for entrepreneurs if they simply rely on the advice of a partner who remembers drafting a will back
in law school,» Rubenstein says.
Grantor - retained annuity
trusts let children of S corp owners pay less
in estate or gift taxes on stock transfers.
But it doesn't take a financial wizard to figure out that the family's all - encompassing
trust in the frothy Toronto real
estate market may be leading them to a steep fall if any part of their plan falters.
In recent years, Sears has sold off the Lands» End (le) clothing brand, its stake in Sears Canada, and it also spun off some of its best locations into a real estate investment trust, helping to raise billions of dollar
In recent years, Sears has sold off the Lands» End (le) clothing brand, its stake
in Sears Canada, and it also spun off some of its best locations into a real estate investment trust, helping to raise billions of dollar
in Sears Canada, and it also spun off some of its best locations into a real
estate investment
trust, helping to raise billions of dollars.
While Snow also owns stock
in the former, he's recommending its parent because of the recent news that it's putting Loblaw's property into a new real
estate investment
trust.
The company also holds a majority interest
in CT Real
Estate Investment Trust (TSX: CRT.UN), which acquired most of the company's real estate last year, and operates a financial services division which includes credit
Estate Investment
Trust (TSX: CRT.UN), which acquired most of the company's real
estate last year, and operates a financial services division which includes credit
estate last year, and operates a financial services division which includes credit cards.
Last year, Pennsylvania Real
Estate Investment
Trust was said to become the first mall owner to begin installing Amazon Lockers
in its malls, with several others, including Washington Prime Group, following suit since then.
Even
in Shakespeare's play, «The Merchant of Venice,» written more than 400 years ago, the character Antonio demonstrates his understanding of the concept when he says: «I thank my fortune for it — my ventures are not
in one bottom
trusted, nor to one place, nor is my whole
estate upon the fortune of this present year.»
It also sparked several changes
in strategy, including a rumoured privatisation push by Mr Packer, and an aborted push to created a real
estate investment
trust containing Crown hotels.
Despite Swann's success, the idea didn't really take off
in urban areas
in America until the 1980s, when rapidly increasing real -
estate prices began shutting many out of homeownership, according to Reinventing Real Estate: The Community Land Trust as A Social Invention in Affordable Housing, by James M
estate prices began shutting many out of homeownership, according to Reinventing Real
Estate: The Community Land Trust as A Social Invention in Affordable Housing, by James M
Estate: The Community Land
Trust as A Social Invention
in Affordable Housing, by James Meehan.