Sector: REIT
Ready Capital Corporation 5.75% Senior Notes due 2026
Terra Income Fund 6, Inc. 7.00% Notes Due 2026
The Terra Income Fund is a non-traded REIT–there is no parent company that is publicly traded.
Notes are rated BBB by Egan Jones
Gladstone Land Corporation 5% Series D Cumulative Term Preferred Stock
Healthcare Trust Inc. 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock
Company is a non traded REIT
American Finance Trust 7.375% Series C Cumulative Redeemable Perpetual Preferred Stock
Vornado Realty Trust 5.25% Series N Cumulative Redeemable Preferred Shares
Public Storage 3.90% Cumulative Preferred Shares, Series O
Sachem Capital Corp 7.75% Notes due 9/30/2025
This issue was reopened on 10/20/2020 and another 560.000 shares were sold
Gladstone Land Corp 6% Series B Cumulative Redeemable Preferred Stock
These shares were sold in a continuous offering by Gladstone Land by Gladstone Securities starting in 1/2018. By 3/9/2020 the offering was complete with 5,972,482 shares sold. Listing was then secured under ticker LANDO with trading commencing 10/19/2020.
Public Storage 3.875% Cumulative Preferred Shares, Series N
Medalist Diversified REIT Inc 8.00% Series A Cumulative Redeemable Preferred Stock
Public offering of this issue was $23/share.
DiamondRock Hospitality 8.25% Cumulative Redeemable Preferred Stock
Public Storage 4.125% Cumulative Preferred Shares, Series M
Nexpoint Real Estate Finance 8.50% Series A Cumulative Redeemable Preferred Stock
Office Properties Income Trust 6.375% Senior Notes due 2050
Was previously Government Properties Income Trust
Public Storage 4.625% Cumulative Preferred Stock, Series L
MFA Finanical 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Dividend suspended 3/2020 because of asset damage caused by Covid 19. 7/1/2020 The preferred stock was reinstated.
Coupon is fixed at 6.50% until 3/31/2025 after which it will float at 3 month Libor plus a spread of 5.345%
Dynex Capital Inc. 6.90% Series C Fixed-to-Floating Rate Cuymulate Redeemable Preferred Stock
Coupon is fixed at 6.90% until 4/14/2025 afterwhich the rate will be 3 month Libor plus a spread of 5.461% reset quarterly.
New Residential Investment Corp 6.375% Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Coupon is fixed until 2/15/2025 after which it will float at 3 month Libor plus a spread of 4.969%
AGNC Investment Corp 6.125% Series F Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock
Coupon is fixed at 6.125% until 4/14/2025 after which it floats at 3 month Libor plus a spread of 4.697%
ARMOUR Residential REIT Inc. 7.00% Series C Cumulative Redeemable Preferred Stock
Public Storage 4.75% Cumulative Preferred Stock, Series K
Global Net Lease Inc. 6.875% Series B Cumulative Redeemable Perpetual Preferred Stock
Sachem Capital 6.875% Notes due 2024