David Auerbach ⭕️ Profile picture
CIO of Hoya Capital; REIT Industry Expert and Author of The Daily REIT Beat Newsletter, a morning note covering the REIT sector. Huge Phish aficionado
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May 11, 2023 4 tweets 1 min read
#REIT Headlines 5-11-2023

* $CBL, $CORR, $CTRE, $SOHO announced quarterly earnings

* $REXR priced a 13.5 million share offering at $55.60/share on a forward basis

* $IRM priced $1 billion of 7.00% senior notes due 2029 in a private placement * Fitch Ratings affirmed the Long-Term Issuer Default Ratings of $SBRA and its Limited Partnership and the instrument ratings of their subsidiaries, including unsecured debt ratings, at “BBB-“ with a stable outlook
May 10, 2023 5 tweets 1 min read
#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 * $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