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

Most watched

INTV

How advisers can be a gamechanger for women investors

Why women defer to men when it comes to finances and how advisers can combat this phenomenon and make a difference for female investors, according to Heather Ettinger, founder and CEO Luma Wealth Advisors.

Events

MassMutual's LaPianna: Creating better conversations with your clients

What's the secret to building better client relationships? MassMutual's Paul LaPianna says it all begins with great conversations.

Latest news & opinion

Finra reaches settlements with 56 firms for overcharging customers on mutual funds

Regulator obtained $89 million in restitution as a result of the crackdown.

Schorsch, AR Capital to pay $60 million to settle SEC charges

The former REIT czar and his firm wrongfully obtained millions linked to REIT mergers.

CFP Board postpones enforcement of its revised fiduciary standard

Board's new Code of Ethics and Standards to be enforced next June, in line with the SEC's Reg BI

Charles Schwab reportedly in talks to buy USAA brokerage, wealth management business

The deal would net Schwab roughly $100 billion in new assets.

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