Subject: REIT Unsecured Debt (UNSEC)

Commercial Real Estate Direct Staff Report Wells REIT II Inc. has sold $250 million of senior unsecured notes in a private placement. The Atlanta REIT, whose common shares do not trade on any exchange, priced the notes, which mature in ...

Brandywine Realty Trust has priced $325 million of unsecured notes through underwriters led by Wells Fargo Securities, JPMorgan Securities and Citi. The Radnor, Pa., REIT priced the notes, with a 4.95 percent coupon and April 15, 2018, maturity, at 98.907 ...

BioMed Realty Trust has priced $400 million of unsecured notes through bookrunners Wells Fargo Securities, KeyBanc Capital Markets and Morgan Stanley. The San Diego REIT said it would use proceeds of the offering to fund the purchase or development of ...

Developers Diversified Realty Corp. has priced $300 million of senior unsecured notes, proceeds of which it will use to retire higher-cost debt. The Beachwood, Ohio, REIT priced the notes at 99.315 percent of par to yield 4.864 percent, or 205 ...

Digital Realty Trust Inc. has priced a $400 million issue of senior unsecured notes. The San Francisco REIT priced the 10-year notes at 99.775 percent of par to yield 5.279 percent, or 185 basis points more than Treasurys. They have ...

HCP Inc., which is paying $6.1 billion for the real estate assets of HCR ManorCare, has priced a whopping $2.4 billion of unsecured notes in order to fund most of its purchase. The Long Beach, Calif., REIT priced the notes ...

Morgans Hotel Group has transferred ownership of a Miami property to SU Gale Properties, relieving the boutique-hotel operator of some $10.5 million of non-recourse mortgage and mezzanine indebtedness. The property, across the street from its Delano Hotel at 1685 Collins ...

Senior Housing Properties Trust has priced a $250 million issue of five-year unsecured notes at a price that results in a yield of 4.541 percent. The Newton, Mass., REIT, which owns seniors-housing properties, hospitals and medical-office buildings, sold the notes ...

Healthcare Realty Trust Inc. has priced $400 million of senior unsecured notes.The notes pay a coupon of 5.75 percent and mature in 2021. They were priced at 99.2 percent of par to yield 5.855 percent, or 262.5 basis points more ...

Starwood Property Trust, which recently brought on a team of commercial mortgage-lending executives, has lined up a pair of credit facilities totaling $275.2 million that it will use to buy and originate mortgages.The Greenwich, Conn., REIT received a $150 million ...