I keep watching corporate news to see what is shaking in some of the companies of interest to me (and maybe you).
Arbor Realty Trust (ABR) borrowed $40 million this week paying a coupon of 8% for the 3 year note. Guess they won’t be calling any of theoir high yield preferreds for a while (not that I thought they would anyway).
Diversified REIT Gladstone Commercial (GOOD) put out a business update yesterday–on the face it seems positive
As you might expect so previously announced deals are falling through. Lodging REIT Xenia Hotels and Resorts (XHR) had a $100 sale in Austin Texas fall through.