The largest
REIT equity offerings in 2011 were driven by company - level mergers and acquisitions, Lail notes.
Not exact matches
CC — When you said
REITs historically
offered a lower return than
equities, is that total return (including reinvested distributions)?
Even with Magna (another investment grade company) accounting for 79 % of rental revenue, I continue to think that Granite
REIT offers excellent short - term (due to recent interest from a private
equity buyer) and long - term potential (given the low P / FFO).
They
offer investment solutions across asset classes, including global
equities, fixed income, and real estate investment trusts (
REITS).
Award winning product
offerings include institutional separate accounts, CLOs, hedge funds, private
equity funds, mutual funds,
REITs, and ETFs.
The birth of real estate investment trusts, or
REITs, created a hybrid security that many felt
offered the best of both debt and
equity instruments.
Simon's particular expertise is in acting for issuers and underwriting syndicates in public and private
equity and debt financings involving real estate companies and
REITs (domestic, cross-border and international), including initial public
offerings.
U.S. retail
REITs raised about $ 9.6 billion in capital through the debt and
equity offerings in 2010 — a 14 percent increase over the record $ 8.2 billion the sector raised in 2009, according to data compiled by Jones Lang LaSalle and Bloomberg.
Foreign capital is an attractive target for investment groups across the board, from publicly traded
REITs and private
equity funds to groups
offering a variety of ownership structures such as syndications, joint ventures and limited partnerships.
In spite of raising record amounts of cash through secondary
equity offerings over the past year, publicly traded
REITs will largely stay away from merger and acquisition activity in the near term, according to a panel at NAREIT's
REIT Week in New...
«Current valuations indicate that
REITs are in a good place to raise capital through
equity offerings.»
It's mid-February, and U.S. - based publicly - traded
REITs have already issued more than $ 1 billion through secondary
equity offerings, according to SNL Financial...
The group praised
REITs for continuing to outperform other
equities and
offering attractive valuations for those...
For example, Toledo - Ohio - based Health Care
REIT raised $ 1.4 billion to fund its $ 2.4 billion acquisition of Genesis HealthCare's real estate assets, while HCP Inc., a Long Beach, Calif. -
REIT, issued $ 1.3 billion through a follow on
equity offering to partially fund its $ 6.1 billion acquisition of HCR ManorCare.
First, in today's market a new
REIT will likely generate substantial interest from
equity investors, creating opportunity for
equity and debt
offerings.
Macerich Co.'s latest joint venture — a deal with real estate investment management firm Heitman announced last week — is further proof that the regional mall
REIT made the right call by deciding to forego
equity offerings to pay down debt, according...
REIT stock
offerings hit a new high as firms rush to raise debt and
equity on public markets in efforts to lower debt loads.
Simon plans to use net proceeds from the
offerings to fund the purchase of a 28.7 percent
equity stake in Klepierre, a French
REIT, and the purchase of interest in 26 properties in the Mills portfolio from Farallon Capital Management LLC, as well as for general corporate and partnership purposes.
Given the exposure which
REITs offer foreign investors to U.S. markets, the change is expected to draw additional global investments, especially from pension funds, sovereign wealth funds, and other institutional and
equity investors.
Public
equity offerings were primarily responsible for a significant increase in capital raised by
REITs in the first seven months of 2017 compared to the same period in 2016.
Private debt funds, high net worth individuals, mortgage
REITS and crowd funding platforms are all entering the commercial mortgage market
offering borrowers everything from alternatives to traditional bank financing to bridge, construction, mezzanine, preferred
equity, joint - venture and hard money solutions.
Michael focuses on securities and corporate finance matters including public and private
offerings of both
equity and debt securities, with an emphasis on Real Estate Investment Trusts (
REITs), mergers and acquisitions, corporate governance issues and federal securities compliance matters.
Crowdfunding provides real estate developers and syndicators with a new way to raise capital, and
offers investors a new way to access this asset class beyond private
equity and
REITs.
Within eight years of its initial public
offering,
Equity Residential became the first apartment
REIT to be listed in the S&P 500.
The
REIT spent most of an $ 816 million
equity offering this year buying mortgage - backed securities.
With that unsavory pedigree,
REITs have attempted to promote themselves as distinctive securities
offering the best of both worlds:
equity growth and high dividends.
In 2010, U.S.
REITs completed 91 secondary
equity offerings, raising more than $ 23.6 billion.
All the recent
equity and debt
offerings by publicly traded
REITs have led to an interesting debate on the future of the U.S.
REIT sector.