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by angleblue63
Wed Nov 14, 2012 10:00 pm
Forum: GC Net Lease REIT
Topic: California firm sells 2 local properties to REIT it sponsors
Replies: 5
Views: 21541

Re: California firm sells 2 local properties to REIT it spon

REBO also said that the purchase price equated to an 8.09 percent capitalization rate, but it was not clear whether the 8.09% cap rate was a going forward "pro-forma" cap rate, or an 8.09% cap rate on in place numbers. If the 8.09% cap rate was on in place numbers, and if the purchase price included...