NEW YORK ( TheStreet) -- Healthcare Trust of America (HTA - Get Report) last week listed its medical office-focused REIT on the New York Stock Exchange. This inaugural listing was American Realty Capital's subsidiary, Realty Capital Securities, the second successful non-traded REIT listing this year.The first to list was American Realty Capital Trust (ARCT), a triple-net sector REIT that listed on March 1. Investors purchased these formerly illiquid shares at $10 each and during its first 28 days since the listing, 72 million shares traded and ARCT hit an all-time high, closing at $11.24 per share on April 10. The most recent price for the newly listed stock was $10.70, and the $1.70 billion (market cap) REIT is paying a dividend yield of 6.5%.
Newly Listed REIT Serves as Fixed-Income Alternative
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.