REAL ESTATE NEWS
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KB EXCHANGE TRUST PURCHASES FIVE MEDICAL PROPERTIES IN TEXAS, MISSOURI, AND OHIO
Los Angeles, CA (November 10, 2016) – KB Exchange Trust ("KB") announced the acquisition of five buildings located in Texas, Missouri, and Ohio; four are leased to Fresenius Medical Care and one is leased to DaVita Dialysis. All five properties are newly-constructed dialysis clinics, totaling a combined rentable space of approximately 63,800 square feet. The properties were acquired in separate transactions for the combined purchase price of $27.9 million.

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KINGSBARN STRUCTURES 1031 PORTFOLIO ACQUISITION FOR INVESTMENT GROUP
Las Vegas, NV (September 10, 2016) – Kingsbarn Realty Capital ("Kingsbarn") announced the closing of a Structured 1031 Exchange for KB Highland Partnership, LLC, through its affiliated company, KB Exchange Holdings, LLC. Kingsbarn acquired two medical dialysis properties in Florida and Texas for the Hawaiian investment group in order to effectuate a 1031 exchange for their investors. The aggregate purchase price for the properties was $10,125,000.

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WEEK AHEAD
U.S. Service-Sector Activity Surged in November

U.S. service industries boosted production and hiring in November, the latest sign the economy is expanding at a solid pace after a weak first half of the year. The Institute for Supply Management said Monday its index of nonmanufacturing activity rose to 57.2 in November from 54.8 in October. A reading above 50 indicates sector expansion.
DATA DECK FOR DEC 5 - 9
DATE
INDICATOR
PERIOD
ESTIMATE
CONSENSUS
Dec 5 ISM Services Nov 56.0 55.6
Dec 6 Productivity-Rev. Q3 3.3% 3.3%
Dec 6 Unit Labor Costs - Rev. Q3 0.2% 0.2%
Dec 6 Trade Balance Oct -$40.0B -$41.8B
Dec 6 Factory Orders Oct 2.4% 2.5%
Dec 7 MBA Mortgage Index 12/03 NA NA
Dec 7 JOLTS - Job Openings Oct NA NA
Dec 7 Crude Inventories 12/03 NA NA
Dec 7 Consumer Credit Oct $18.4B $18.7B
Dec 8 Initial Claims 12/03 260K 255K
Dec 8 Continuing Claims 11/26 NA NA
Dec 8 Natural Gas Inventories 12/03 NA NA
Dec 9 Mich Sentiment Dec 94.5 94.3
Dec 9 Wholesale Inventories Oct -0.4% -0.4%