Sentences with phrase «shares of equity reits»

Shares of equity REITs posted a robust total return of 35 % in 2006, according to the National Association of Real Estate Investment Trusts.

Not exact matches

Obviously, REITs tend to be less favorable since they are required to pay out 90 % of their profits to shareholders vs. purchasing equities and paying long term capital gains rate when selling shares.

L.P. executives and Sequoia Capital, which was sold to Ariba Inc. for share consideration implying an enterprise value of US$ 924 million; StorageNow, which became one of Canada's largest self - storage companies prior to being sold to InStorage REIT for cash consideration of $ 110 million; and KGS - Alpha Capital Markets L.P., a U.S. fixed - income broker dealer with over US$ 215 million of equity capital.

An amount equal to 12.0 % of the product of (a) the equity market capitalization of the Managed REIT, and (b) the amount, expressed as a percentage, by which the Managed REIT's total return per share, exceeds the benchmark total return per share, of a specified REIT index.

As with other types of equities, REITs are subject to market risk, because their shares are traded.

The equity securities in which the Fairholme Fund may invest include common and preferred stock (including convertible preferred stock), partnership interests, business trust shares, interests in real estate investment trusts («REITs»), rights and warrants to subscribe for the purchase of equity securities, and depository receipts.

Rising interest rates and expectations of future changes in monetary policy have at times impacted the share prices of stock exchange - listed equity REITs.

20 Pro Forma Financial Highlights Sources & Uses Refinance PENN Existing Debt: $ 2.7 billion Pre-spin redemption of Fortress Investment Group Conversion Shares: $ 412 million Pre-spin redemption of other Preferred Equity: $ 253 million (1) Cash portion of the Accumulated E&P Dividend: $ 438 million Transaction Expenses: ~ $ 145 million Total Transaction Debt: $ 3.75 — $ 4.25 billion Key GLPI (REIT) Stats Target Leverage: 5.5 x EBITDA Target Interest Coverage: 3.2 x Target Dividend Payout Ratio: ~ 80 % AFFO less employee option holder dividends Key PNG (OpCo) Stats Target Leverage: 3.0 x EBITDA Implied Adjusted Leverage: 5.6 x EBITDAR Target Rent Coverage: ~ 2.0 x Target Interest Coverage: > 5.0 x Includes $ 22.5 m Preferred Equity redeemed in the first quarter of 2013

That positive trend has been going on for the last few years, as Welltower's exemplary management team has proven itself able to grow the REIT's funds from operation (operating cash flow) per share at a brisk pace while reducing its debt as a percentage of overall capital (debt + equity).

But if a REIT's share price is too low, then its cost of equity rises, potentially making new growth unprofitable.

Shares of the average self - storage REIT lost 3.4 % in the first four months of 2007, according to the FTSE NAREIT Equity index.

Through Oct. 10, equity REIT share prices posted a return of negative 9.21 %, according to the National Association of Real Estate Investment Trusts (NAREIT).

Equity One Inc., a Miami Beach, Fla. - based REIT, missed consensus estimates by $ 0.43 per share posting FFO of $ 0.13 per share.

Equity REITs in the United States share a critical need for revolving credit or other sources of liquidity, due in part to regulations requiring them to pay at least 90 % of their taxable income to shareholders.

Rising interest rates and expectations of future changes in monetary policy have at times impacted the share prices of stock exchange - listed equity REITs.

The recent REIT decline in share of closed volume has been replaced by private equity which has represented 59 % of the buyer composition in 2012 through mid-year..

Some sellers continue to find it attractive to exchange their properties for trust shares in what's known as «UPREIT» transactions; some REITs have begun aggressively seeking joint venture partners to develop, acquire, or take their equity out of properties; and buyers are on the hunt for REITs looking to shed properties that no longer fit their portfolios.