Market Capitalization (Millions $) |
134 |
Shares
Outstanding (Millions) |
149 |
Employees |
- |
Revenues (TTM) (Millions $) |
272 |
Net Income (TTM) (Millions $) |
-82 |
Cash Flow (TTM) (Millions $) |
-3 |
Capital Exp. (TTM) (Millions $) |
29 |
Kbs Real Estate Investment Trust Iii Inc
KBS Real Estate Investment Trust III Inc, also known as KBS REIT III, is a non-traded real estate investment trust that was formed in 2010. The REIT's primary objective is to invest in a diverse portfolio of real estate assets across the United States.
KBS REIT III was created as a follow-up to KBS Real Estate Investment Trust Inc and KBS Real Estate Investment Trust II Inc, which were also non-traded REITs. The company was launched with an initial offering of $1 billion in shares.
One of the key features of KBS REIT III is its investment strategy. The REIT aims to invest in a variety of property types, including office, industrial, retail, multifamily, and hospitality. The REIT's management team believes that this diversified approach can help mitigate risk and provide a stable income for investors.
As of 2021, KBS REIT III has invested in more than 55 properties across the United States. The REIT's portfolio includes premier assets in high-growth markets, including New York City, Los Angeles, Chicago, Seattle, and San Francisco.
KBS REIT III's management team is led by Charles J. Schreiber Jr., the CEO and chairman of KBS. Mr. Schreiber has more than 40 years of experience in the commercial real estate industry, and he has been instrumental in the success of KBS REIT III.
Investors in KBS REIT III can expect to receive regular distributions, which are paid out on a monthly basis. The REIT's distributions have been consistent over the years, and the company has a strong track record of achieving its financial goals.
Overall, KBS REIT III is a well-established real estate investment trust that offers investors access to a diverse portfolio of high-quality properties across the United States. The REIT's management team has a strong track record of success, and the company is committed to delivering consistent returns to its shareholders.
Company Address: 800 Newport Center Drive, Suite 700 Newport Beach, 92660 CA
Company Phone Number: 417-6500 Stock Exchange / Ticker: KBSR
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