Day: April 10, 2018

Day: April 10, 2018

NEWPORT BEACH, Calif. (April 10, 2018) – KBS Growth & Income Real Estate Investment Trust (the “Company” or “KBS Growth & Income REIT”), sponsored by KBS in Newport Beach, California, has announced that its Board of Directors has approved an increase to its dividend. The new daily distribution rate of $0.00144493 per share is payable to stockholders of record each day commencing May 1, 2018 through May 31, 2018. This daily amount would equal a 6.0% annualized rate based on the December 8, 2017 estimated value per share of $8.79 if paid each day for a 365-day period. The Company is currently paying a 5.5% annualized dividend.

Read More

NEWPORT BEACH, Calif. (April 10, 2018) – KBS Real Estate Investment Trust II (“KBS REIT II”), a non-traded real estate investment trust based in Newport Beach, California, announced today the close of a up to $500 million loan facility. The two-year agreement, facilitated by Bank of America Merrill Lynch, is comprised of $375 million of term debt, which was funded at the close, and up to $125 million of revolving debt.

Read More

NEWPORT BEACH, Calif. (April 10, 2018) – KBS Real Estate Investment Trust II (“KBS REIT II”), a non-traded real estate investment trust based in Newport Beach, California, announced today the close of a up to $500 million loan facility. The two-year agreement, facilitated by Bank of America Merrill Lynch, is comprised of $375 million of term debt, which was funded at the close, and up to $125 million of revolving debt.

Read More

AUSTIN, Texas (April 10, 2018) – KBS Realty Advisors of Newport Beach, California announced today the renewal of a 11,233-squarefoot lease to the Texas Attorney General’s Office.

Read More

Explore more about KBS

Thank you for your interest in KBS news, industry insights, and more.

Thanks for subscribing! Your are now signed up for our Newsletters.