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#REIT Headlines 5-10-2023
* Craig-Hallum downgrades $IIPR to Hold from Buy (lower price target by $45 to $80)
* $GNL, $JBGS, $NHI, $ONL, $PKST, $RTL, $SRG, $TCN, $UMH announced earnings with $CTRE scheduled to report after the close of trading
* Craig-Hallum downgrades $IIPR to Hold from Buy (lower price target by $45 to $80)
* $GNL, $JBGS, $NHI, $ONL, $PKST, $RTL, $SRG, $TCN, $UMH announced earnings with $CTRE scheduled to report after the close of trading
* $AMT announced the pricing of its registered public offering of €600.0 million (approximately $660.2 million) of 4.125% senior unsecured notes due 2027 and €500.0 million (approximately $550.2 million) of 4.625% senior unsecured notes due 2031
* $AMT intends to use the net proceeds to repay existing indebtedness under its $6.0 billion senior unsecured multicurrency revolving credit facility, as amended and restated in December 2021, and its $4.0 billion senior unsecured revolving credit facility,
* $PEB announced that on May 9, 2023, it closed on the sale of the 189-room Hotel Monaco Seattle in Seattle, WA for $63.3 million to a third party noting that the sales price reflects a 30.7x EBITDA multiple and a 2.5% net operating income capitalization rate
* Fitch Ratings affirmed $FR's Issuer Default Rating on the company and its subsidiary, First Industrial, L.P., at “BBB” with a stable outlook
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