REAL ESTATE NEWS
COMPANY NEWS
KB EXCHANGE TRUST PURCHASES THREE MEDICAL PROPERTIES IN TEXAS AND MISSOURI
Los Angeles, CA (May 9, 2017) – KB Exchange Trust ("KB") announced the acquisition of three buildings located in Texas and Missouri. All three properties are newly-constructed dialysis clinics leased to Fresenius Medical Care, totaling a combined rentable space of approximately 28,000 square feet. The properties were acquired in separate transactions for a combined purchase price of $13.5 million.
KB EXCHANGE TRUST PURCHASES THREE MEDICAL PROPERTIES IN PENNSYLVANIA, OHIO, AND MASSACHUSETTS
Los Angeles, CA (April 14, 2017) – KB Exchange Trust ("KB") announced the acquisition of three buildings located in Pennsylvania, Ohio, and Massachusetts. All three properties are newly-constructed dialysis clinics leased to Fresenius Medical Care, totaling a combined rentable space of approximately 27,000 square feet. The combined purchase price for the three properties was $15.07 million.
WEEK AHEAD
Wall Street holds steady as investors await big earnings
U.S. stocks were little changed and hovered near record levels in late morning trading on Monday as investors geared up for a busy earnings week from big U.S. companies. Analysts estimate second-quarter earnings for the S&P 500 companies rose 8.2 percent from a year earlier. First-quarter earnings posted their best performance since 2011, according to Thomson Reuters data.
DATA DECK FOR JULY 17 - 21
| DATE | REPORT | FOR | FORECAST | PREVIOUS |
| JULY 17 | Empire state index | July | -- | 19.8 |
| JULY 18 | Import prices | June | -- | -0.3% |
| JULY 18 | Home builders' index | July | -- | 67 |
| JULY 19 | Housing starts | June | 1.163mln | 1.092mln |
| JULY 19 | Building permits | June | -- | 1.168nln |
| JULY 20 | Weekly jobless claims | 7/15 | 245,000 | 247,000 |
| JULY 20 | Philly Fed | July | -- | 27.6 |
| JULY 20 | Leading economic indicators | June | -- | 0.3% |
| JULY 21 | None |