Spirit Realty Announces Offering
PHOENIX—Spirit Realty Capital, Inc., a real estate investment trust that invests in single-tenant, operationally essential real estate, announces that it has filed with the Securities and Exchange Commission a prospectus supplement under which it may sell shares of its common stock having an aggregate gross sales price of up to $350 million through an “at-the-market” equity offering program.
NEW YORK CITY—Bearing the American Finance Trust name, the merged entity is a retail-focused REIT with an enterprise value of approximately $3.9 billion.
BOISE, ID—The new hire brings more than 35 years’ experience in commercial real estate finance to the middle-market loan provider.
NEWPORT BEACH, CA—A “forest for the trees” mentality, in addition to seeking yield for investors, is causing firms based in other markets to expand to the West Coast, creating more demand for talent in a tight market, RETS’ Kent Elliott tells GlobeSt.com.
Middle Market Digest
Here’s a look at this week's trends, announcements and deals that you may have missed in the country’s North West region.