|
Diversified REITs
Colonial
Properties Trust (CLP)
Owns and manages multifamily residential,
office and retail properties located in Sunbelt states from
Virginia to Nevada.
Acquired by Mid-America Apartment Communities in June 2013.
Thomas Properties
Group
(TPGI)
Owns, develops and operates office, retail and multi-family properties
throughout the U.S. Acquired by Parkway
Properties Group in September 2013 .
Winthrop
Realty (FUR)
Owns and operates real property and invests in real estate
financial instruments including CMBS, real estate debt and REIT
Securities. In August 2014, shareholders
approved a liquidation plan.
Healthcare REITs
Aviv REIT (AVIV)
A March 2013 IPO, AVIV owns more than 280 post-acute and long-term care
skilled nursing facilities in 29 states.
Acquired by Omega Healthcare Investors in April 2015.
BioMed Realty Trust (BMR)
Owns research and development facilities that it leases to government
agencies, biotech, pharmaceutical, and other firms involved in
the life science industry. Its properties are mainly located in major
U.S. life science markets: Boston, San Diego, San Francisco, Seattle,
Maryland, Pennsylvania and New York/New Jersey. Acquired by
Blackstone Group in January 2016.
Industrial REITs
AMB
Property
Owned and managed industrial facilities in major hub and gateway
distribution markets in the Americas, Europe and Asia.
Acquired by ProLogis in June 2011.
Mission
West Properties (MSW)
Owns and leases commercial R&D properties, primarily located in the
Silicon Valley section of the San Francisco Bay Area. Acquired by
private equity investors in 2012.
Mortgage/Finance REITs
CapLease (LSE)
Finances commercial real estate that is net leased primarily to single
tenants with investment grade or near investment grade credit ratings.
Acquired by American Realty Capital Properties
in May 2013.
Capital
Trust (CT)
Makes
mezzanine and other types of specialty backed by commercial real estate
assets. Suspended
regular dividend payouts in December 2008, but declared a 2.00 per share special
dividend in December 2012. Acquired by Blackstone Group in December
2012.
Care
Investment Trust (CVTR)
Invests
healthcare-related real estate and commercial mortgage debt. A
2007 IPO externally managed and advised by a unit of CIT Group.
Had planned to liquidate in 2009, but
instead was acquired by Tiptree Financial Partners.
Crexus
Investment Corp. (CXS)
September 2009 IPO acquires, manages and finances commercial mortgage
loans, commercial real estate debt, and other commercial real estate-related assets.
Acquired by
by Annaly Capital Management in November 2012.
Gramercy
Capital (GKK)
Originates and acquires senior
loans, mezzanine loans and distressed property loans secured by
commercial and multi-family properties. Suspended dividend in
September 2008. Changed name to Gramercy Property Trust in April 2013.
PMC Commercial
Trust (PCC)
Originates loans to small businesses such as
motels, franchises,
shopping centers, apartments, office buildings, retail stores, and
factories, primarily secured by
related real estate. Acquired by CIM Urban REIT
in March 2014.
|
|
Office REITs
Brookfield
Properties (BPO)
Owns
office properties in the U.S., Canada, and Australia.
Acquired by private equity investors in June 2014.
MPG
Office Trust (MPG)
Formerly Maguire Properties, MPG owns
and manages Class A office properties in the Los Angeles central
business district and in other parts of Southern California. Seven of
its office buildings were taken by lenders in a default action in 2009.
Suspended dividend payouts in March 2008. Acquired by Brookfield
Office Properties in April, 2013.
Residential REITs
Associated
Estates Realty (AEC)
A January 2010 IPO, AEC owns and operates apartment communities located in 10 states.
Acquired by Brookfield Asset Management in August 2015.
BRE
Properties (BRE)
Owns and manages apartment communities in coastal areas of
California, Arizona and
the Seattle, Washington area. Acquired by Essex
Property Trust in April 2014.
Home
Properties (HME)
Owns
and manages apartment communities located in the Northeast and Mid-Atlantic
markets. Acquired by private equity investors in October 2015.
Trade Street
Residential (TSRE)
A May 2013 IPO, Trade Street, formerly Feldman Mall
Properties, owns and operates garden-style and mid-rise apartment
communities in mid-sized cities and suburban submarkets of larger cities
primarily in the southeastern US. Acquired by
Independence Realty Trust in September 2015.
Retail REITs
American
Realty Trust (ARCT)
Owns commercial real estate,
primarily freestanding single tenant properties in the United States and
Puerto Rico. In September 2012,
agreed to be acquired Realty Income Corporation.
Cole
Real Estate Investments (COLE)
A June 2013 IPO, Cole owns more than 1,000 net-leased properties.
Acquired by American Realty Capital Properties in October 2013.
CapLease (LSE)
Invests primarily in single tenant
commercial assets targeted to high-credit quality tenants under
long-term leases. Acquired by American Realty Capital Properties in
May 2013.
Cole
Real Estate Investments (COLE)
A June 2013 IPO, Cole owns more than 1,000 net-leased properties.
Acquired by American Realty Capital Properties in October 2013.
Glimcher Realty Trust (GRT)
Owned 28 shopping centers in 15 states.
Acquired by Washington Prime Group in January 2015.
Inland Real Estate (IRC)
Owns and manages neighborhood, community and single-tenant retail
centers located mostly in the Midwest. Acquired by by DRA Advisors
LLC in March 2016.
|
