The Daily REIT Beat Newsletter’s Post

📰 #REIT Headlines - January 9, 2024 🏢 Realty Income Corporation (O): Successfully Priced $1.25 Billion Notes Offering * O priced $450 million of 4.75% notes due 2029 and $800 million of 5.125% notes due 2034. * Net proceeds allocated for general corporate purposes, debt repayment, and potential acquisitions. 🏠 Regency Centers (REG): Raises $400 Million Through Senior Unsecured Notes * REG priced $400 million of 5.25% senior unsecured notes due 2034. * Funds intended for reducing credit line balance and general corporate purposes. 🌐 Federal Realty Investment Trust (FRT): Operating Partnership Announces Upsized Offering * FRT's operating partnership priced an upsized offering of $425 million exchangeable senior notes due 2029. * Net proceeds designated for capped call transactions, debt repayment, and general corporate use. 💰 Acadia Realty Trust (AKR): Completes Upsized Common Share Offering * AKR priced an upsized offering of 6.9 million common shares, raising $115.575 million. * Net proceeds allocated for general corporate purposes and potential acquisitions. 🍫 Empire State Realty Trust (ESRT): Welcomes Ghirardelli Chocolate Company * ESRT announces Ghirardelli Chocolate Company opening a retail space at the base of the Empire State Building. 🏘️ LTC Properties, Inc. (NYSE: LTC): Successfully Completes Brookdale Senior Living Portfolio Transactions * LTC completes process involving its 35-property Brookdale Senior Living portfolio ensuring revenue replacement. 💼 Healthcare Realty (HR): Records $338 Million Asset Sales in Q4 2023 * HR completes $338 million in asset sales during Q4 2023, with full-year dispositions totaling $656 million. 🏡 CareTrust REIT (CTRE): Acquires The Villas at San Bernardino * CTRE acquires a 78-unit assisted living and memory care facility in San Bernardino, CA. 📈 Gladstone Commercial Corporation (GOOD): Quarterly Business Update - Portfolio Occupancy at 96.8% * GOOD announces a portfolio occupancy rate of 96.8% as of December 31, 2023. 🏭 Terreno Realty Corporation (TRNO): Acquires Industrial Property in Bellevue, WA * TRNO announces the acquisition of an industrial property in Bellevue, WA, for $6.5 million. 🏢 Vornado Realty Trust (VNO): Cushman & Wakefield Named Exclusive Leasing Agent for PENN 2 * VNO appoints Cushman & Wakefield as exclusive leasing agent for its PENN 2 office tower. 🌐 Stay informed with the latest REIT updates with The Daily REIT Beat Newsletter and learn more at www.thedailyreitbeat.com! #RealEstate #REITs #InvestingNews 🏠📊

The Daily REITBeat Newsletter

The Daily REITBeat Newsletter

thedailyreitbeat.com

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