BLK and Barclays do each own a chunk and conjecture that their combined 12% would have to be pared to get below 10% REIT limit. This is very old news.
Conjecture that BLK buyout AHR has been one of my on-going contributions to this board.
It makes a lot of financial sense, as BLK does pay taxes, and a buyout would provide $2 worth of tax-benefits. BLK's cost of capital is much lower, so refinancing AHR would be 1/2 the cost (11% vs. 5.5%).
I posit that $3 per share would be acceptable (even though it's below the BV - but that's questionable of 4.63) - this is still quite a premium to .69 cents.
Furthermore, BLK & BG stock would lower the actual cost.
Lastly, Milner, the Board, the mgt. - all those guys would love to see THEIR stock gain so nicely.
Makes financial sense to BLK, mgt., shareholders and me.
yea that was me. they already manage it. thanks and i'm very bullish here with the debt refi from JUne and another debt refi possible soon, Blackrock may just wipe this off from being a separate listing. whatever serves them best i suppose.