REAL ESTATE NEWS
COMPANY NEWS
KINGSBARN PURCHASES FOUR MEDICAL CLINICS IN DALLAS METRO
Las Vegas, NV, May 31, 2019 – Kingsbarn Realty Capital (“Company” or “Kingsbarn”) announced the acquisition of four dialysis clinics in the Dallas metropolitan area. The properties are leased to DaVita Inc.
KINGSBARN PURCHASES ORANGE COUNTY OFFICE PROPERTY
Los Angeles, CA, May 7, 2019 – Kingsbarn Real Estate Capital (“Company” or “Kingsbarn”) announced the closing of Foothill Corporate Centre, an 83,000 sq. ft., Class-A, office property located in the master-planned community of Foothill Ranch.
KINGSBARN MAKE HEALTHCARE ACQUISITION IN OLYMPIA, WASHINGTON
Las Vegas, NV, March 25, 2019 – KB Exchange Trust, an affiliate of Kingsbarn Realty Capital, announced the acquisition of a 15,500 sq. ft. medical clinic leased for 15 years to Fresenius Medical Care Holdings.
WEEK AHEAD
Market under pressure as Q2 earnings gets under way
U.S. stocks edged lower Monday, after record finishes last week, as investors digest second-quarter earnings from Citigroup — marking the unofficial start of earnings season on Wall Street. The Dow Jones Industrial Average DJIA, -0.11% fell 33 points, or 0.1%, to 27,303, the S&P 500 index SPX, -0.15% ticked 4 points lower to 3,010, a decline of 0.1%. The Nasdaq Composite Index COMP, -0.05% fell 2 points to reach 8,242. All three major indexes scored intraday records in early activity before turning lower.
DATA DECK FOR Jul 15 - Jul 19
| DATE | REPORT | FOR | FORECAST | PREVIOUS |
| Jul 15 | Empire State Manufacturing | Jul | 5.0 | -8.6 |
| Jul 16 | Retail Sales | Jun | 0.2% | 0.5% |
| Jul 16 | Retail Sales ex-auto | Jun | 0.2% | 0.5% |
| Jul 16 | Import Prices | Jun | NA | -0.3% |
| Jul 16 | Export Prices | Jun | NA | -0.2% |
| Jul 16 | Import Prices ex-oil | Jun | NA | -0.3% |
| Jul 16 | Export Prices ex-ag. | Jun | NA | -0.2% |
| Jul 16 | Industrial Production | Jun | 0.2% | 0.4% |
| Jul 16 | Capacity Utilization | Jun | 78.2% | 78.1% |
| Jul 16 | Business Inventories | May | 0.4% | 0.5% |
| Jul 16 | NAHB Housing Market Index | July | 62 | 64 |
| Jul 16 | Net Long-Term TIC Flows | May | NA | $46.9B |
| Jul 17 | MBA Mortgage Applications Index | 07/13 | NA | -2.4% |
| Jul 17 | Housing Starts | Jun | 1270K | 1269K |
| Jul 17 | Building Permits | Jun | 1300K | 1294K |
| Jul 17 | EIA Crude Oil Inventories | 07/13 | NA | -9.5M |
| Jul 17 | Fed's Beige Book | Jul | NA | NA |
| Jul 18 | Initial Claims | 07/13 | 215K | 209K |
| Jul 18 | Continuing Claims | 07/06 | NA | 1723K |
| Jul 18 | Philadelphia Fed Index | Jul | 5.0 | 0.3 |
| Jul 18 | Leading Indicators | Jun | 0.0% | 0.0% |
| Jul 18 | EIA Natural Gas Inventories | 07/13 | NA | +81 bcf |
| Jul 19 | Univ. of Michigan Consumer Sentiment - Prelim | Jul | 98.9 | 98.2 |