BERKO: REIT recommendations
Dear Mr. Berko: Malls and shopping centers have fallen significantly in value. I want the names of six mall REITs selling below book value and six mall REITs that have […]
BERKO: Good young broker recommends solid REIT
Dear Mr. Berko: I’m a 71-year-old widow. I’m seeking safe, high income, and I can afford some modest risk. My husband passed away in 2009, and I’ve done a fairly […]
BERKO: The not-so-bright future of mall REITs
Dear Mr. Berko: I just had a 2.25 percent certificate of deposit come due for $38,000. My broker recommended I buy stock in Kimco Realty, Tanger Factory Outlet Centers and […]
BERKO: REITs and Defense
Dear Mr. Berko: We seek increasing dividend income, along with conservative long-term capital growth. Our new stockbroker advises us to sell 100 of our 200 shares of Apple and all […]
Canadian REIT Pure Industrial grows US footprint with Charlotte purchase
Canadian-based Pure Industrial Real Estate Trust is expanding its footprint in two major Southeast U.S. markets—Atlanta and Charlotte—with the purchase of a six-property portfolio of industrial assets from STAG Industrial […]
Canadian REIT Pure Industrial grows US footprint with Charlotte purchase
Canadian-based Pure Industrial Real Estate Trust (PIRET) is expanding its footprint in two major Southeast U.S. markets—Atlanta and Charlotte, N.C.—with the purchase of a six-property portfolio of industrial assets from […]
STAG Industrial completes 1.6M square foot industrial portfolio sale
STAG Industrial Inc., a Boston based real estate investment trust focused on the acquisition and operation of single-tenant, industrial properties throughout the United States, last week announced it had completed […]
2 Charlotte properties among 11 being sold
Two properties in the Charlotte area are among 11 in a portfolio being marketed for sale by Holliday Fenoglio Fowler LP. Apartments at Legacy Grand at Concord in Concord and […]
New Jersey REIT buys Concord industrial building
Monmouth Real Estate Investment Corp. has acquired a new 330,717-square-foot industrial building in Concord for nearly $32 million. The property, off Interstate 85 at 4690 Global Ave. NW, is net-leased […]
Fund manager Q&A: Real estate funds can rebound
LOS ANGELES – It’s a great time to be a landlord. You just wouldn’t know it by looking at how real estate investment trusts are faring this year. Demand for […]
BERKO: Investing in REITs: a hot market with dividends
DEAR MR. BERKO: Please tell me what a real estate investment trust is. And what can you tell me about Realty Income Corp., which sells for $48 and pays 4.8 […]
Sears explores sale-leaseback deal of buildings
NEW YORK — Sears Holdings’ stock skyrocketed in premarket trading after the struggling retailer said it’s considering selling about 200 to 300 of its buildings to boost its liquidity. The […]
Latest News
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