The REIT Track
The following REITs are based in Southern California. The chart shows their closing prices as of Friday, their low and high share prices during the last year and their yield per share.
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Ticker Friday Southern California REITs symbol Exchange close Low* Alexandria Real Estate Equities ARE NYSE $30.75 $25.63 American Residential INV NYSE 7.75 7.44 Investment Trust Angeles Mortgage Investment Trust ANM AMEX 18.25 15.25 Apex Mortgage Capital AXM NYSE 10.81 10.19 Arden Realty ARI NYSE 23.50 21.75 Burnham Pacific Properties BPP NYSE 13.88 12.75 Center Trust ACH AMEX 12.88 12.38 Excel Realty Trust XEL NYSE 24.44 23.38 G&L; Realty Corp. GLR NYSE 16.19 16.00 Health Care Property Investors HCP NYSE 32.13 31.06 IMPAC Commercial Holdings ICH AMEX 13.75 13.19 IMPAC Mortgage Holdings IMH AMEX 15.75 14.00 Imperial Credit Commercial ICMI NASDAQ 10.25 9.63 Mort. Investment INMC Mortgage Holdings NDE NYSE 21.13 20.06 Irvine Apartment Communities IAC NYSE 26.88 26.56 Kilroy Realty KRC NYSE 21.25 20.31 LTC Properties LTC NYSE 18.00 17.19 Macerich MAC NYSE 26.88 24.75 National Golf Properties TEE NYSE 26.75 26.13 Nationwide Health Properties NHP NYSE 21.56 20.75 Pacific Gulf Properties PAG NYSE 20.88 19.13 Pan Pacific Retail Properties PNP NYSE 20.63 19.38 Price Enterprises PREN NASDAQ 3.94 2.25 PS Business Parks PSB AMEX 21.19 19.94 Public Storage PSA NYSE 25.88 23.44 Realty Income O NYSE 25.38 23.44 Sunstone Hotel Investors SSI NYSE 11.13 10.13 Westfield America WEA NYSE 16.94 14.25
Southern California REITs High* Yield Alexandria Real Estate Equities $34.56 5.20% American Residential 16.75 14.45 Investment Trust Angeles Mortgage Investment Trust 19.88 7.01 Apex Mortgage Capital 15.00 9.25 Arden Realty 32.38 7.15 Burnham Pacific Properties 15.75 7.57 Center Trust 18.25 11.18 Excel Realty Trust 35.63 8.18 G&L; Realty Corp. 21.75 9.64 Health Care Property Investors 40.38 8.03 IMPAC Commercial Holdings 20.75 10.04 IMPAC Mortgage Holdings 18.56 11.83 Imperial Credit Commercial 19.13 6.34 Mort. Investment INMC Mortgage Holdings 27.19 9.33 Irvine Apartment Communities 33.50 5.73 Kilroy Realty 30.00 7.62 LTC Properties 21.94 8.67 Macerich 30.38 6.85 National Golf Properties 33.69 6.43 Nationwide Health Properties 26.94 7.79 Pacific Gulf Properties 24.63 8.05 Pan Pacific Retail Properties 22.75 7.37 Price Enterprises 20.25 35.56 PS Business Parks 26.63 4.72 Public Storage 33.63 3.40 Realty Income 27.81 7.80 Sunstone Hotel Investors 18.19 9.89 Westfield America 18.75 8.38
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*52-week range
Performance Comparison
Closing share prices of Burnham Pacific Properties are compared with performance of the Bloomberg Real Estate Securities Index between August 1997 and July 1998.
Bloomberg REIT Index: 126.31
Burnham Pacific Properties: $13.81
Source: Deloitte & Touche and Bloomberg News
