Carter Validus Mission Critical REIT II, Inc. Completes a Tampa, FL, Healthcare Acquisition

Carter Validus Mission Critical REIT II, Inc., or the Company, a public, non-traded real estate investment trust focused on assembling a diversified portfolio of net-leased data center and healthcare properties, today announced the acquisition of Tampa Healthcare Facility.

Tampa Healthcare Facility is a 33,822 rentable square foot medical office building constructed in 2015 and situated on 2.87 acres in Tampa, Florida; the second-fastest growing market in Florida and twelfth-fastest growing market in the US. The two-story facility is only a quarter mile from St. Joseph’s Hospital, St. Joseph’s Children’s Hospital and St. Joseph’s Women’s Hospital. The facility serves as a strategic location for both primary and urgent care, pediatric spinal care, clinical laboratory services and various types of outpatient surgery. The facility is 100% net-leased to six tenants.

“We are pleased to announce the acquisition of Tampa Healthcare Facility, which is representative of the type of healthcare property our Company

Read More

Continue Reading

Sabra Health Care REIT (SBRA) Passes Through 8% Yield Mark

Looking at the universe of stocks we cover at Dividend Channel, in trading on Friday, shares of Sabra Health Care REIT Inc (Symbol: SBRA) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.2), with the stock changing hands as low as $14.84 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market’s total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only

Read More

Continue Reading