Search found 2 matches
Search found 2 matches • Page 1 of 1
- Fri Mar 25, 2011 3:12 pm
- Forum: American Realty Capital REITs
- Topic: American realty capital trust, Inc.
- Replies: 7
- Views: 21616
The information you received concerning ARCT REIT is incorrect. May have misread or miss-interpreted the filing. It is not a loan and there’s no debt. It is a joint venture agreement between two REITs who bought a property together for a net-lease investment in Manhattan. The deal looks accretive to...
- Mon Jun 14, 2010 11:42 am
- Forum: GC Net Lease REIT
- Topic: California firm sells 2 local properties to REIT it sponsors
- Replies: 5
- Views: 21536
This might be of interest to members. A report of what seems to be a questionable sale of assets by a Griffin Capital Corp.,(http://www.griffincapital.com/about/) a sponsor of Non-Traded REITs. Appears the sponsor sold assets to its own REIT at a 5 CAP Rate when the market is yielding a 9 CAP Rate. ...