Nonlisted REIT 2Q rankings

Aug 31, 2014 @ 12:01 am

Closed REITs ranked by 2Q invested assets

Company2Q invested assets ($M)Original share priceCurrent share value1Original distribution rateCurrent cash distribution rate2Q14 FFO payout ratio2
Inland American Real Estate Trust$10,128.5 $10 $6.94 6.20%5.00%75%
Corporate Property Associates 17 Global$4,564.7 $10 $9.50 6.50%6.50%81%
Apple Hospitality$3,960.0 $11 $10.10 8.00%7.25%83%
Industrial Income Trust$3,747.6 $10 $10.40 6.00%6.00%100%
Tier REIT$3,455.8 $10 $4.20 7.00%0.00%N/A
CNL Lifestyle Properties$3,343.4 $10 $6.85 6.25%4.25%108%
Griffin-American Healthcare REIT II$3,056.2 $10 $10.22 6.50%6.65%143%
Monogram Residential Trust$2,879.1 $10 $10.03 7.00%3.50%189%
Cole Credit Property Trust IV$2,833.0 $10 $10.00 6.25%6.25%145%
KBS Real Estate Investment Trust II$2,714.1 $10 $10.29 6.50%6.50%98%
Cole Corporate Income Trust$2,606.3 $10 $10.00 6.50%6.50%94%
Hines Real Estate Investment Trust$2,422.1 $10 $6.40 6.00%2.90%88%
American Realty Capital Trust V$2,233.5 $25 $25.00 6.60%6.60%86%
KBS Real Estate Investment Trust$2,058.0 $10 $4.45 7.00%0.00%N/A
Landmark Apartment Trust$1,889.4 $10 $8.15 6.00%3.00%38%
Phillips Edison - ARC Shopping Center$1,846.9 $10 $10.00 6.50%6.70%129%
Steadfast Income REIT$1,592.7 $10 $10.24 7.00%7.00%165%
Strategic Storage Trust$731.5 $10 $10.79 7.00%6.50%120%
Signature Office$676.4 $25 $25.00 6.00%6.00%83%
Lightstone Value Plus REIT$643.2 $10 $11.80 7.00%7.00%69%

1 As of June 30 2 Funds from operations is based on NAREIT-defined funds from operations. N/A = not available. Source: MTS Research Advisors

Open REITs ranked by 2Q equity raised

Company2Q equity raised ($M) 2Q invested assets ($M) Original share price 2Q portfolio cap rate Current cash distribution rate2Q14 FFO payout ratio *
ARC Global Trust$1,036.5 $809.1 $10 7.94%7.10%241%
ARC Healthcare Trust II$722.2 $185.8 $25 7.61%6.80%1826%
Carter Validus Mission Critical REIT$670.9 $1,431.7 $10 7.83%7.00%188%
Corporate Property Associates 18 Global$398.7 $633.3 $10 7.42%6.25%374%
Griffin Capital Essential Asset REIT$297.0 $1,759.9 $10 7.55%6.75%132%
ARC - Retail Centers of America$177.4 $200.7 $10 7.36%6.40%281%
Phillips Edison - ARC Grocery Center REIT II$138.3 $28.7 $25 7.03%6.50%N/A
NorthStar Healthcare Income$134.2 $274.9 $10 6.82%6.75%659%
Carey Watermark Investors$101.6 $1,316.1 $10 N/A5.50%74%
KBS REIT III$97.4 $1,485.1 $10 6.92%6.26%84%
CNL Healthcare Properties$91.6 $1,272.5 $10 7.06%4.00%79%
ARC Realty Finance$73.9 $156.1 $25 N/A8.25%118%
Cole Office & Industrial REIT (CCIT II)$68.6 $214.9 $10 6.78%6.30%125%
ARC New York City REIT$63.1 $7.3 $25 6.65%6.00%N/A
Apple REIT Ten$56.7 $958.5 $11 9.86%7.50%78%
Hines Global REIT$54.8 $4,385.1 $10 7.20%6.25%87%
Inland Real Estate Income Trust$50.4 $237.6 $10 6.91%6.00%108%
Industrial Property Trust$47.0 $65.6 $10 5.30%4.50%100%
NorthStar Real Estate Income II$44.5 $158.0 $10 N/A7.00%491%
Jones Lang LaSalle Income Property Trust$26.1 $944.1 $10 N/A4.26%57%

*Funds from operations are based on NAREIT-defined funds from operations and adjusted for acquisition costs and expenses. N/A = not available. Source: MTS Research Advisors

Featured video

INTV

Behind the scenes of InvestmentNews' Best Places to Work

Benefits and vacation policies are important for hiring top talent, but giving employees a sense of ownership in decision-making is among the most important qualities, editor Fred Gabriel says.

Latest news & opinion

Why we must create a more diverse and sustainable financial planning profession

CEO explains how, why a firm should commit to conscious inclusion.

Pope Francis wants financial advisers to work like fiduciaries

Vatican bulletin admonishes advisers who act against the best interests of their clients.

Wells Fargo sees slowdown in advisers exiting this year

The 2016 banking scandal and public relations fiasco had alienated some of the firm's advisers.

States trying to save DOL fiduciary rule appeal rejection of effort to intervene

California, New York, Oregon ask for rehearing by full 5th Circuit Court of Appeals.

Employees at best places to work focus on the person — and the fun

Employees at best places to work firms focus on the person and fun.

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print