Dividend Yield

In REIT-Eat-REIT Deal, NorthStar to Acquire Griffin-American Healthcare REIT II

NorthStar Realty Finance Corp. will acquire all of the outstanding shares of Griffin-American Healthcare REIT II Inc. in a stock-and-cash transaction.

Many Happy Returns

(U.S. equity REIT one-year total return by sector)

Starwood Retail to Buy 7 Taubman Malls for $1.4B

Starwood Capital’s two-year-old retail affiliate agrees to acquire properties in Virginia, South Carolina, Florida, Texas and Michigan.

HCL-MarqE Buys 352 KSF Retail Center in Houston

The new owners acquired the property, which is located on I-10 West, from a joint venture of Canyon Capital Realty Advisors L.L.C. and Fidelis Realty Partners.

Downward Trend

(U.S. equity REIT premium to NAV by sector)

Gramercy to Buy Garrison’s 50% Interest in $395M Bank of America Portfolio

Gramercy Property Trust is acquiring the 50 percent interest in a $395 million Bank of America office portfolio from its joint venture partner Garrison Investment Group.

Top Dollar

(SNL U.S. REIT index price/LTM FFO [x])

Jeff Hanson

Executive Spotlight: Jeff Hanson, American Healthcare Investors

When it comes to skin in the game, Jeff Hanson and his colleagues at American Healthcare Investors, the co-sponsors of Griffin-American Healthcare REIT II, are leaders of the pack.

Washington REIT Acquires DC Office Building for $105M

Washington Real Estate Investment Trust has acquired 1775 Eye St., N.W., a 185,000-square-foot office building in Washington, D.C.’s Central Business District, for $104.5 million.

SS&C Technologies Targets Mortgage REITs with New Servicing Group

SS&C Technologies Holdings has expanded its business offerings to the real estate industry with the establishment of its REIT servicing group.