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Welcome to the REITNotes Community! This is a spot for REIT enthusiasts to share their passion and knowledge of the REIT market. We encourage you to ask questions to the community and share your ideas about anything related to REITs and the real estate sector.

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Rocco64 - 2023-07-09 17:03:46 PDT
#INDT merged: "announced today the completion of the previously announced merger whereby affiliates of Centerbridge Partners, L.P. “Centerbridge”, a al private investment firm with deep experience in real estate, and GIC":

https://ir.indusrt.com/news/news-details/2023/Centerbridge-Partners-and-GIC-Complete-Acquisition-of-INDUS-Realty-Trust-Inc/default.aspx

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Fifthtime - 2023-07-09 17:04:51 PDT
I did not even know #INDT was a reit... I never saw this in reitnotes before...

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REITNewsHeadlines - 2023-07-03 22:53:21 PDT
Great Ajax - ELLINGTON FINANCIAL AND GREAT AJAX CORP. ANNOUNCE DEFINITIVE MERGER AGREEMENT - News released on Mon, 03 Jul 2023 22:41:36 +0000 (UTC) - See full comment

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MakeMoneyGrow - 2023-07-03 22:53:21 PDT
I hope this goes through as this would make a strong REIT.

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Kenbeertt - 2023-07-03 22:55:35 PDT
#AJX + #EFC = $$$

zREITs - 2023-07-02 08:52:44 PDT
I wonder how this will play out:

https://www.prnewswire.com/news-releases/kushner-proposes-to-acquire-first-real-estate-investment-trust-of-new-jersey-for-22-00-per-share-in-cash-301865209.html

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deadtom - 2023-07-02 09:55:06 PDT
Based on the latest response from #FREVS I don’t believe it will go through, but let’s see!
https://finance.yahoo.com/news/first-real-estate-investment-trust-222000583.html

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Maximus - 2023-06-26 19:52:04 PDT
Looks like it’s moving forward:

The Necessity Retail REIT Announces Expiration of "Go-Shop" Period For Proposed Merger with Global Net Lease

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REITNewsHeadlines - 2023-06-26 19:49:35 PDT
Prologis to Acquire 14MSF Blackstone Industrial Portfolio in $3.1 Billion Deal - News released on Mon, 26 Jun 2023 12:03:35 +0000 (UTC) - See full comment

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Spareideas - 2023-06-26 19:49:35 PDT
Nice move #PLD

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Maximus - 2023-06-26 19:52:59 PDT
one more for blackstone

LetsDoThis - 2023-05-31 21:57:46 PDT
Since we are talking about mergers, there was one more, but in the mortgage sector:

https://www.reitnotes.com/reit-press-releases/ELLINGTON-FINANCIAL-AND-ARLINGTON-ASSET-INVESTMENT-CORP-ANNOUNCE-DEFINITIVE-MERGER-AGREEMENT

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LPrice - 2023-05-31 21:59:01 PDT
Yeap, saw that one two. I am not a big fan of the mREITs as they are too volatile in my opinion.

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deadtom - 2023-05-31 22:02:20 PDT
I love mREIT! The returns are higher if you know what you are doing. #EFC will be strong REIT in my opinion after the #AAIC merger.

LPrice - 2023-05-31 21:25:54 PDT

Ready Capital Corporation Stockholders Approve Issuance of Common Stock in Merger with Broadmark Realty Capital Inc.

it is finally done!

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braverduringtheday - 2023-05-31 21:28:18 PDT
good for rc...

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777i - 2023-05-31 21:27:16 PDT
Yes, I saw this this morning. I have been waiting for this merger to conclude for a while.

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REITNewsHeadlines - 2023-05-31 21:17:38 PDT
Gladstone Land Corporation Announces Nasdaq Listing of Series C Preferred Stock - News released on Tue, 30 May 2023 20:11:27 +0000 (UTC) - See full comment

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Maximus - 2023-05-31 21:17:39 PDT
Good to know. I own #GOOD and #LAND already

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REITNewsHeadlines - 2023-05-24 19:49:50 PDT
Global Net Lease and The Necessity Retail REIT to Merge, Creating Sector-Leading Diversified Net Lease REIT - News released on Wed, 24 May 2023 01:36:16 +0000 (UTC) - See full comment

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JohnforkO - 2023-05-24 19:49:50 PDT
One more merger... I expect to see a bump in my #GNL stocks.

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REITNewsHeadlines - 2023-05-21 21:19:29 PDT
Tanger Celebrates 30 Years on the NYSE and Looks to the Future with New Logo and Visual Identity - News released on Wed, 10 May 2023 12:50:23 +0000 (UTC) - See full comment

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Mr.Opinion - 2023-05-21 21:19:29 PDT
I like their new logo. looks more professional. #SKT

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zREITs - 2023-05-21 20:21:24 PDT
There goes one more REIT... UBA was bought by REG last week. Luckily I own stocks in both : - See full comment

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Idea gal - 2023-05-21 20:22:33 PDT
I wish I owned stocks in #REG

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REITNewsHeadlines - 2023-04-29 22:34:38 PDT
National Retail Properties, Inc. - NATIONAL RETAIL PROPERTIES, INC. CHANGES NAME TO NNN REIT, INC. - News released on Thu, 27 Apr 2023 20:32:01 +0000 (UTC) - See full comment

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wolfman82 - 2023-04-29 22:34:38 PDT
Good to know...

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Rocco64 - 2023-04-29 22:35:38 PDT
I am always suspicious when reits change their names. Well any company for that matter. #NNN

REITNewsHeadlines - 2023-04-16 17:49:15 PDT
Ready Capital - Ready Capital and Broadmark Realty Capital Announce Definitive Merger Agreement - News released on Mon, 27 Feb 2023 11:10:24 +0000 (UTC) - See full comment

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zREITs - 2023-04-16 17:49:15 PDT
When is this going to happen? I have been waiting for a while for more information on #RC #BRMK merger.

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Maximus - 2023-05-31 21:23:25 PDT
Now it’s official! #RC and #BRMK are merged!

REITNewsHeadlines - 2023-04-16 15:39:13 PDT
CorEnergy Provides Update on Business Activities and Dividends - News released on Mon, 06 Feb 2023 12:30:41 +0000 (UTC) - See full comment

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zREITs - 2023-04-16 15:39:13 PDT
..."As a result, we filed for a 36% rate increase on our SPB line in California based on the regulated cost-of-service tariff structure”...
Understandable, but not ideal to shareholders like myself.

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REITNewsHeadlines - 2023-04-12 21:48:21 PDT
Diversified Healthcare Trust - Diversified Healthcare Trust and Office Properties Income Trust Announce Agreement to Merge in All-Share Transaction - News released on Tue, 11 Apr 2023 10:15:27 +0000 (UTC) - See full comment

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deadtom - 2023-04-12 21:49:55 PDT
Not sure this is a good merger. They both operate in different industries. I look forward to seeing how this merger will turn out. #OPI #DHC

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REITs - 2023-04-12 21:48:21 PDT
Another merger... will there be enough REIT around in the future.

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MakeMoneyGrow - 2023-04-12 21:43:06 PDT
I guess it is official now, STAR is now part of SAFE - See full comment

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REITs - 2023-04-12 21:44:44 PDT
Yes, this was long time coming. I think it will work better for them long-term. God bless #SAFE and #STAR

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REITNewsHeadlines - 2023-03-12 19:29:26 PDT
Retail Value Inc. to Make Liquidating Distribution - News released on Mon, 6 Mar 2023 16:20:10 -0500 (EST) - See full comment

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Mr.Opinion - 2023-03-12 19:29:26 PDT
Pay day for #RVI shareholders!

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REITNewsHeadlines - 2023-03-12 19:26:53 PDT
iStar Stockholders and Safehold Stockholders Approve Merger - News released on Thu, 09 Mar 2023 21:13:11 +0000 (UTC) - See full comment

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Mr.Opinion - 2023-03-12 19:26:53 PDT
"The closing of the merger and related transactions remains subject to the satisfaction or waiver of various closing conditions. The companies are currently targeting closing the transactions on or about March 31, 2023; however, there can be no assurance that the closing will occur in that timeframe or at all." ... They are in the final stretch now.

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REITNewsHeadlines - 2023-02-18 23:57:38 PDT
Life Storage Board of Directors Unanimously Rejects Unsolicited Proposal from Public Storage - News released on Thu, 16 Feb 2023 21:30:22 +0000 (UTC) - See full comment

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zREITs - 2023-02-18 23:57:38 PDT
Glad to see it was unanimously...

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REITNewsHeadlines - 2023-02-12 09:53:42 PDT
Public Storage - Public Storage Proposes to Acquire Life Storage in All-Stock Transaction - News released on Sun, 05 Feb 2023 23:02:20 +0000 (UTC) - See full comment

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WowReits - 2023-02-12 09:53:42 PDT
Wow, I did not see this coming, but makes sense that #PSA would want to buy #LSI
Will this REIT consolidation ever end?

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heyyo - 2023-02-12 09:56:56 PDT
Yes, this does make sense. #LSI stock was pretty cheap in the last months, so this was a good opportunity. This would assure that #PSA continues being the strongest storage REIT in the industry.

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