REAL ESTATE NEWS
COMPANY NEWS
KINGSBARN TAPS BLACKROCK EXECUTIVE AS CHIEF INVESTMENT OFFICER
Las Vegas, Nevada, September 22, 2020 –
Kingsbarn has announced the hiring of Philip Mader as its Chief Investment Officer and President of Kingsbarn Capital & Development, a wholly-owned subsidiary of the firm.
KINGSBARN MAKES THIRD OFFICE PROPERTY ACQUISITION IN ROSEVILLE, CALIFORNIA
Las Vegas, NV, September 1, 2020 –
Kingsbarn Realty Capital announced the acquisition of a +/- 110,000 sq. ft., Class-A, office building in Roseville, California—an affluent suburb of Sacramento.
Kingsbarn Realty Capital announced the acquisition of a +/- 110,000 sq. ft., Class-A, office building in Roseville, California—an affluent suburb of Sacramento.
KINGSBARN PURCHASES MEDICAL PROPERTY IN ORANGE COUNTY, CALIFORNIA
Las Vegas, NV, July 7, 2020 – Kingsbarn Realty Capital announced the acquisition of a +/- 34,000 sq. ft., Class-A, medical office building in Aliso Viejo, California—the heart of the vibrant Orange County region.
WEEK AHEAD
Nasdaq Composite shows signs of panic-like buying even as Dow sees 400-point skid midday Monday
Trading in the Nasdaq was exhibiting panic-like-buying behavior Monday late morning, even as the broader market softened in the last trading session of November. The Nasdaq Composite COMP, -0.55% was sinking 0.8% at 12,111, while the Nasdaq Arms Index, a volume-weighted breadth measure, fell to 0.322. Many on Wall Street see declines below 0.500 as suggesting panic buying.
DATA DECK FOR Nov 30 - Dec 4
| DATE | REPORT | IMPACT | FORECAST | PREVIOUS |
| Nov 30 | Chicago PMI | Medium | 59.4 | 61.1 |
| Nov 30 | Pending Home Sales m/m | Medium | 1.1% | -2.2% |
| Dec 1 | Final Manufacturing PMI | Low | 56.7 | 56.7 |
| Dec 1 | ISM Manufacturing PMI | High | 57.9 | 59.3 |
| Dec 1 | ISM Manufacturing Prices | Low | 65.0 | 65.5 |
| Dec 1 | Construction Spending m/m | Low | 0.8% | 0.3% |
| Dec 1 | Wards Total Vehicle Sales | Low | 16.1M | 16.2M |
| Dec 2 | ADP Non-Farm Employment Change | Medium | 415K | 365K |
| Dec 2 | Crude Oil Inventories | Low | -0.8M | |
| Dec 3 | Challenger Job Cuts y/y | Low | 60.4% | |
| Dec 3 | Unemployment Claims | Medium | 767K | 778K |
| Dec 3 | Final Services PMI | Low | 57.5 | 57.7 |
| Dec 3 | ISM Services PMI | Medium | 56.0 | 56.6 |
| Dec 3 | Natural Gas Storage | Low | -18B | |
| Dec 4 | Non-Farm Employment Change | High | 500K | 638K |
| Dec 4 | Unemployment Rate | High | 6.8% | 6.9% |
| Dec 4 | Average Hourly Earnings m/m | High | 0.1% | 0.1% |
| Dec 4 | Trade Balance | Low | -64.7B | -63.9B |
| Dec 4 | Factory Orders m/m | Low | 0.8% | 1.1% |