© 2020 REIT Stream — a product of 454 CreativeWe provide web development and media streaming solutions for leading companies across the globe.
January 14, 2020 · reit.com
MGM Growth Properties LLC (NYSE: MGP) and Blackstone Real Estate Income Trust, Inc. (BREIT) said Jan. 14 that they have agreed to form a new joint venture to acquire the Las Vegas real estate assets of the MGM Grand and Mandalay Bay for $4.6 billion.
BREIT, a public non-listed REIT, will purchase $150 million in MGM Growth class A shares. MGM Growth will own 50.1% of the joint venture, and BREIT will own 49.9%.
January 03, 2020 · reit.com
The total returns of the FTSE Nareit All REITs Index in 2019 were at their highest annual level since 2006, as a lower interest rate environment and solid fundamentals provided broad support to the industry.
The FTSE Nareit All REITs Index rose 0.8% in December, while the S&P 500 gained 3.0% during the same period. For 2019, the FTSE Nareit All REITs Index gained 28.1% while the S&P 500 rose 31.5%. In 2006, REIT returns were 34.4% higher.
#REIT on Twitter
56m WPT to buy $730M industrial portfolio from PIRET affiliate renx.ca/wpt-to-acquire… #industrial #reit #realestate
3h Senior Yardi Developer - permanent /Toronto - Yardi Voyager IM module ideal. Microsoft SQL Server & Yardi scripting… twitter.com/i/web/status/1…
5h #Followback RT: khemka_nidhi RT Sumeru_Infra: #playandwin #funtime #todaysquiz #reit #realestate #realty #realtor… twitter.com/i/web/status/1…