• Registered: 2010-10-25
  • Posts: 246

Topic: Inland Western Retail Real Estate Trust (IWST)

Shopping center REIT Inland Western submits filing for $350 million IPO

Inland Western Retail Real Estate Trust, one of the largest shopping center REITs in the US with a portfolio of 272 properties, filed on Monday with the SEC to raise up to $350 million in an initial public offering. The Oak Brook, IL-based company, which was founded in 2003 and booked $655 million in sales for the 12 months ended September 30, 2010, plans to list on the NYSE under the symbol IWST. Citi, Deutsche Bank Securities, J.P. Morgan and KeyBanc Capital Markets are the lead underwriters on the deal, for which pricing terms and timing were not disclosed.

Quote Post 1

  • Registered: 2012-03-09
  • Posts: 1

Re: Inland Western Retail Real Estate Trust (IWST)

That's awesome! I think this is the time to get into real estate because the markets are at a 'low' and borrowing power is at a 'high'. I've been telling all of my real estate students and mentors to snap up as much Long Beach real estate they can here in the California area. West coast property is going to shoot through the roof soon because there aren't enough homes for all of the people!

Quote Post 2