trending Market Intelligence /marketintelligence/en/news-insights/trending/t7TAFMK-bSa2S5vjhq6Kww2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

REIT Replay: After-Christmas sales

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

REIT Replay: After-Christmas sales

The broader markets closed lower Dec. 26, 2017, while real estate investment trusts posted gains on the first trading day after Christmas.

The MSCI US REIT Index (RMZ) added 0.55% to close at 1,152.36, and the SNL US REIT Equity Index rose 0.50% to close at 316.13. The Dow Jones Industrial Average fell 0.03%, closing at 24,746.21, while the S&P 500 closed 0.11% lower at 2,680.50.

Quality Care Properties Inc. entered into an agreement to amend its master lease with its primary tenant and HCR ManorCare Inc. unit HCR III Healthcare LLC to reduce the latter's monthly rent payment to $23.5 million for a one-year period starting Nov. 30.

Although rent in excess of the reduced rent will be deferred until the end of the period, HCR said it expects to be unable to pay a material portion of the reduced rent during some or all of the period due to its financial position.

Quality Care shares dropped 3.00% to end the day at $13.60.

American Realty Capital Healthcare Trust III Inc. closed the sale of substantially all its assets to fellow non-listed Healthcare Trust Inc. and declared an initial liquidating distribution of $15.75 per common share, payable on or about Jan. 5, 2018, to stockholders of record at the close of business Dec. 22.

VICI Properties Inc. closed the $1.14 billion purchase and leaseback of Harrah's Las Vegas with Caesars Entertainment Corp., which will continue to operate the casino resort under a 15-year lease. VICI Properties also sold 18.4 acres of land behind the LINK Hotel & Casino to Caesars, which plans to develop a new convention center.

VICI Properties also secured a $2.2 billion first-lien senior secured term loan and will use some of the proceeds to finance the Harrah's acquisition.

Forest City Realty Trust Inc. converted its common ownership stake in 10 specialty retail centers in the New York City metro area to preferred interest, as part of the company's joint venture with Madison International Realty.

Forest City shares gained 0.46% to close at $24.03.

On the macro front, S&P CoreLogic Case-Shiller Indices' nonseasonally adjusted national home price index showed that U.S. home prices increased at an annual rate of 6.2% in October, matching the previous month's figures.

Now featured on S&P Global Market Intelligence

Data Dispatch: US REIT capital raising up 35.3% YOY through Dec. 15: Publicly traded U.S. real estate investment trusts completed 15 capital offerings during the first half of December to raise $5.77 billion.

S&P Dow Jones Indices and S&P Global Market Intelligence are owned by S&P Global Inc. Market prices and index values are current as of the time of publication and are subject to change.