Wednesday, January 16, 2019 8:50:37 AM
"... Total debt was $371.5 million at September 30, 2018 (including debt associated with assets held for sale), compared to $376.6 million at June 30, 2018. Our total debt at December 31, 2017 was $313.8 million. The increase in debt is primarily a result of $65.4 million in debt associated with the JANAF acquisition. ..."
https://ih.advfn.com/stock-market/NASDAQ/wheeler-real-estate-investment-trust-inc-WHLR/stock-news/78627201/wheeler-real-estate-investment-trust-inc-announc
"... On January 11, 2019, the Company sold Jenks Plaza, a 7,800 square foot shopping center located in Tulsa, Oklahoma for $2.2 million (approximately a 7.0% cap). The Company used the proceeds from the sale to reduce its property level debt by $1.5 million and reduce its Revere loan by $322,000. The balance on the Revere loan is now less than $650,000, which is down from $6.8 million less than a year ago. ..."
https://ih.advfn.com/stock-market/NASDAQ/wheeler-real-estate-investment-trust-inc-WHLR/stock-news/79058687/wheeler-real-estate-investment-trust-inc-announc
The paradox of iHub: buy high, sell low
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