REAL ESTATE NEWS
COMPANY NEWS
KB EXCHANGE TRUST ACQUIRES 14 HEALTHCARE-RELATED PROPERTIES IN 10 STATES
Los Angeles, CA (October 16 2017) - KB Exchange Trust, an affiliate of Kingsbarn Realty Capital, acquired 14 properties located in New York, New Jersey, Massachusetts, Pennsylvania, Ohio, Illinois, Iowa, Texas, Missouri, and California. The aggregate purchase price for the 14 properties, which were acquired in a four-month span between April and August, totaled over $65.9 million.
KB EXCHANGE TRUST PURCHASES TOWNHOME COMMUNITY IN COLUMBUS, OHIO
Columbus, OH (September 6, 2017) – KB Exchange Trust (“KB”) acquired the Preserve at Winchester Crossing for $18.8 million as part of its expanding Delaware Statutory Trust (DST) investment program. The property consists of 189 two-story, condo-mapped townhomes that are part of a 210-townhome community in Columbus, Ohio.
WEEK AHEAD
Stock market rises broadly as attention turns to corporate results
U.S. stocks rose on Monday, with major indexes advancing in a broad rally as strong economic data and corporate earnings moved back into the spotlight. The Dow Jones Industrial Average DJIA, +0.77% rose 200 points, or 0.8%, to 24,565. The S&P 500 SPX, +0.62% added 18 points to 2,674, a rise of 0.7%. The Nasdaq Composite Index COMP, +0.42% rose 32 points, or 0.5%, to 7,139.Gains were broad-based, with all 11 primary S&P 500 sectors higher on the day.
DATA DECK FOR Apr 16 - Apr 20
| DATE | REPORT | FOR | FORECAST | PREVIOUS |
| Apr 16 | Retail Sales | Mar | 0.4% | -0.1% |
| Apr 16 | Retail Sales ex-auto | Mar | 0.2% | 0.2% |
| Apr 16 | Empire Manufacturing | Apr | 20 | 22.5 |
| Apr 16 | Business Inventories | Feb | 0.6% | 0.6% |
| Apr 16 | NAHB Housing Market Index | Apr | 70 | 70 |
| Apr 16 | Net Long-Term TIC Flows | Feb | NA | $62.1B |
| Apr 17 | Housing Starts | Mar | 1268K | 1236K |
| Apr 17 | Building Permits | Mar | 1315K | 1298K |
| Apr 17 | Industrial Production | Mar | 0.3% | 1.1% |
| Apr 17 | Capacity Utilization | Mar | 77.8% | 78.1% |
| Apr 18 | MBA Mortgage Applications Index | 04/14 | NA | -1.9% |
| Apr 18 | Crude Inventories | 04/14 | NA | 233K |
| Apr 18 | Beige Book | Mar | NA | |
| Apr 19 | Initial Claims | 04/14 | 226K | 233K |
| Apr 19 | Continuing Claims | 04/14 | NA | 1871K |
| Apr 19 | Philadelphia Fed | Apr | 21.0 | 22.3 |
| Apr 19 | Leading Indicators | Mar | 0.4% | 0.6% |
| Apr 19 | Natural Gas Inventories | 04/14 | NA | -19 bcf |