Date Transactions Amt (000's) December 03 Kramont Realty Trust (NYSE:KRT) Registered direct placement of perpetual preferred stock $60,000 September 03 American Retirement Corporation (NYSE:ACR) Sale and Leaseback transaction with Healthcare Property Investors (NYSE:HCP) $171,000 April 03 Nationwide Health Properties (NYSE:NHP) Recapitalization and registered direct placement of common stock $115,500 February 03 Monmouth REIT (NASDAQ:MNRTA) Registered direct placement of common stock $8,325