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Newcastle Investment (NCT) announces a 30M share public offering, with a 30 day option for an...

Newcastle Investment (NCT) announces a 30M share public offering, with a 30 day option for an additional 4.5M shares. The company plans to use the net proceeds to make a variety of investments, primarily acquisitions of senior housing properties, but could also include CDO debt, other real estate securities and loans, operating businesses or other assets. Shares -1.4% AH.
Comments (1)
  • smurf
    , contributor
    Comments (3892) | Send Message
     
    Now, NCT is still a REIT, right? An mREIT? Getting confused with all these spinoffs.

     

    CDOs? Yikes! It's 2006 deja vu all over again, Yogi.
    11 Jun 2013, 07:47 PM Reply Like
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