property-trust

Sydney, Australia-based investors and Los Angeles-based private equity firm Saban Capital Group have acquired 21 office properties that comprised the U.S. office portfolio of the former Australian REIT Record Realty. The group purchased the portfolio at a 29% discount to net asset value. Real Estate Capital Partners Managed Investments Ltd. as responsible entity for Real Estate Capital Partners USA Property Trust (RCU), together with Saban Capital…

Originally posted here:
LA Private Equity Firm and Australian REIT Acquire 21 Property U.S. Portfolio

Aussie REIT Negotiating for U.S. Office Portfolio

February 2, 2010

Real Estate Capital Partners USA Property Trust (RECP), a REIT based in Sydney, Australia, has conditionally agreed to purchase all of the units of Record Realty Holdings US Trust. RECP would pay about $17.68 million for the assets. The total price…

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Lower Uncertainty for Senior Housing

September 18, 2009

uncertainty rating for Senior Housing Property Trust SNH to high from very high. Recent improvements in the commercial real estate credit markets and Senior Housing’s sound capital structure quell some of our uncertainty surrounding the company. Senior

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