The two companies said the combined organization is expected to provide the most comprehensive product offering in the data center sector.
The winners of NAREIT’s 2017 Investor CARE Awards, which honor excellence in communications and reporting to shareholders, were announced on June 6 in New York at REITWeek 2017: NAREIT’s Investor Forum.
REIT returns lost ground in May and lagged the broader market, as investors remained cautious on several fronts, market watchers said.
The total returns of the FTSE NAREIT All REITs Index fell 0.2 percent in May, while the S&P 500 posted a return of 1.4 percent. Total returns of the FTSE/NAREIT All Equity REITs Index dropped 0.1 percent in May. The total return of the FTSE NAREIT Mortgage REIT...
Sabra Health Care REIT, Inc. (Nasdaq: SBRA) and Care Capital Properties, Inc. (NYSE: CCP) said May 7 that they will combine in an all-stock merger to create a company with a pro forma total market capitalization of $7.4 billion.
The new company will operate under the Sabra name. Sabra’s current management team, led by Chairman and CEO Rick Matros, will run the combined company. Ray Lewis, CEO ...
Dominating a steep hillside on the University of California at Berkeley campus, Bowles Hall’s imposing collegiate gothic architecture creates a classic academic scene. Complete with gabled roofs, square turret, wood-paneled rooms and fireplaces, the structure readily draws comparisons to Harry Potter’s fictitious boarding school, Hogwarts.