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businesswire.com

STORE Capital Announces Pricing of $450.0 Million Offering of 4.95% Senior Notes Due 2031

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--STORE Capital LLC (“STORE”, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, announced today that it has priced a $450.0 million offering of 4.95% senior unsecured notes due 2031. The notes were priced at 99.952% of the principal amount and will mature on February 11, 2031. Interest on the notes will be paid semi-annually on February 11 and August 11 o.

businesswire.com

STORE Capital Announces Closing of $625 Million Securitization at 5.06%

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--STORE Capital LLC (“STORE”, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it completed the issuance of $625.0 million of long-term fixed-rate notes designated as STORE Master Funding Net-Lease Mortgage Notes, Series 2025-1 (the “Notes”). This is the fourteenth note issuance under STORE's Master Funding debt program, its propriet.

businesswire.com

STORE Capital Announces Pricing of $350.0 Million Offering of 5.40% Senior Notes Due 2030

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--STORE Capital LLC (“STORE”, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, announced today that it has priced a $350.0 million offering of 5.40% senior unsecured notes. The notes were priced at 99.935% of the principal amount and will mature on April 30, 2030. Interest on the notes will be paid semi-annually on April 30 and October 30 of each year, b.

businesswire.com

STORE Capital Announces Closing of $450 Million Securitization at 5.76%

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--STORE Capital LLC (“STORE”, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it completed the issuance of $450.0 million of long-term fixed-rate notes designated as STORE Master Funding Net-Lease Mortgage Notes, Series 2024-1 (the “Notes”). This is the thirteenth note issuance under STORE's Master Funding debt program, its propriet.

businesswire.com

STORE Capital Announces Early Repayment and Termination of $2.0 Billion Secured Privatization Bridge Loan and Significant Expansion of Unsecured Credit Agreement

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--STORE Capital LLC (“STORE”, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it has repaid in full the secured bridge loan it had incurred in connection with the February 2023 acquisition of STORE by GIC, a global institutional investor, in partnership with funds managed by Blue Owl Capital. The secured bridge loan had an original.

seekingalpha.com

Essential Properties: STORE Capital 2.0? Promising Growth Prospects

Essential Properties' total return over the last 5 years has almost doubled that of the S&P 500. EPRT's occupancy rating stood at 99.9% at the end of Q2 due to its differentiated investment platform of focusing on non investment-grade tenants. Due to the current macro environment many REITs including EPRT are trading at attractive prices offering investors potential double digit upside.

gurufocus.com

Why Warren Buffett Steers Clear of Real Estate

“Real estate is not a commodity. I think it tends to be more accurately priced most of the time.

businesswire.com

GIC and Oak Street Complete $15 Billion Acquisition of STORE Capital

SCOTTSDALE, Ariz. & SINGAPORE & CHICAGO--( BUSINESS WIRE )--STORE Capital Corporation (NYSE: STOR, “STORE”, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that GIC, a global institutional investor, in partnership with Oak Street, a division of Blue Owl and one of the largest investors in net lease real estate, has completed the previously announced acquisition of all of the outstanding shares of common stock of STORE Capital for $32.25 per share in an all-cash transaction valued at approximately $15 billion, including assumed debt.

prnewswire.com

Agree Realty Set to Join S&P MidCap 400; Comstock Resources to Join S&P SmallCap 600

NEW YORK , Jan. 30, 2023 /PRNewswire/ -- S&P SmallCap 600 constituent Agree Realty Corp. (NYSE:ADC) will replace STORE Capital Corp. (NYSE:STOR) in the S&P MidCap 400, and Comstock Resources Inc. (NYSE:CRK) will replace Agree Realty in the S&P SmallCap 600 effective prior to the opening of trading on Monday, February 6. STORE Capital is being acquired in a transaction expected to be completed soon pending final conditions.

seekingalpha.com

STORE Capital: A Bittersweet Last Bite At A ~15% Annualized 'Yield'

STORE Capital Corporation is being acquired by a consortium of real estate giants. The deal likely closes within a week or two but possibly later.

seekingalpha.com

STORE Capital: Netstreit Could Be A Great Replacement

Understandably many investors were disappointed with the acquisition of STORE Capital, which was a very popular REIT. While much smaller, NETSTREIT shares many characteristics with STORE Capital, making it a replacement option worth considering.

businesswire.com

STORE Capital Corporation's Stockholders Approve Acquisition by GIC and Oak Street

SCOTTSDALE, Ariz.--( BUSINESS WIRE )-- STORE Capital Corporation (NYSE: STOR, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that, at the concluded special meeting of stockholders held today, its stockholders approved the acquisition of the Company by affiliates of GIC, a global institutional investor, and funds managed by Oak Street, a Division of Blue Owl.

businesswire.com

STORE Capital Announces CFIUS Approval for Proposed Acquisition by GIC and Oak Street

businesswire.com

STORE Capital Announces Proxy Advisory Firms ISS and Glass Lewis Recommend Stockholders Vote “FOR” Proposed Acquisition by GIC and Oak Street

SCOTTSDALE, Ariz.--( BUSINESS WIRE )-- STORE Capital Corporation (NYSE: STOR) (“STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that leading independent proxy advisory firms Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”) have each recommended that stockholders vote “FOR” the previously announced all-cash acquisition of the Company by affiliates of GIC, a global institutional investor, and funds managed by Oak Street, a Division of Blue Owl, at the Company's upcoming Special Meeting of Stockholders (the “Special Meeting”) scheduled for December 9, 2022 at 8:00 a.m., Arizona time.

benzinga.com

Want To Invest Like Warren Buffett? All The Moves The Billionaire Made Last Quarter - Apple (NASDAQ:AAPL), Activision Blizzard (NASDAQ:ATVI)

Billionaire investor Warren Buffett was a buyer of stocks to the tune of $9 billion last quarter, per a new regulatory filing from Berkshire Hathaway Inc (NYSE: BRKA).