AltsTech News
AltsTech News
Corey Maple: Hotels Recovering
Watch as Corey Maple gives an update on U.S. occupancy in the hotel sector in this clip from the webinar, “The Heat is on This Summer for Hospitality”.
NexPoint Capital Announces $6.49 NAV
Effective October 18, 2021, the board of directors of NexPoint Capital, Inc. approved the determination of the Company’s net asset value per share and the price…
Franklin BSP Realty Trust, Capstead Mortgage Complete Merger
Franklin BSP Realty Trust Inc., formerly known as Benefit Street Partners Realty Trust Inc., and Capstead Mortgage Corp. have completed their previously announced merger…
Cottonwood Communities Increases Private Preferred Stock Offering Size
On October 13, 2021, Cottonwood Communities, Inc filed with the State Department of Assessments and Taxation of Maryland Articles Supplementary…
Preferred Apartment Communities, Inc. Announces Real Estate Loan Investment in Jacksonville, Florida Multifamily Development
Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced that on October 14, 2021 it closed on a real estate loan investment of up to approximately $16.6…
Goldman Sachs CEO Says Wage Inflation Is Spreading Through Economy
Goldman Sachs Group Inc. Chief Executive Officer David Solomon said that inflation, particularly in wages, remains top of mind among corporate leaders and shareholders…
E-commerce, elevated inventories to keep warehouse demand hot, Prologis head says
The chairman and CEO of logistics warehouse titan Prologis Inc., Hamid R. Moghadam, said the unprecedented tightening of logistics warehousing space…
Which five nontraded REITs from Blue Vault’s Full-Cycle Performance studies had the lowest annualized rate of return to early investors?
Which five nontraded REITs from Blue Vault’s Full-Cycle Performance studies had the lowest annualized rate of return to early investors?…
SmartStop Asset Management Announces Scholarship Winners of YOUnion Student Living Essay Contest
SmartStop Asset Management, LLC (“SAM”) has awarded a total of $35,000 in scholarships to the winners of its annual essay contest…
Black Creek Industrial REIT IV’s Remarkable Increase in NAV
On October 15, Black Creek Industrial REIT IV announced a revised NAV per share of $11.5332 for all share classes as of September 30, 2021…
How did Tasty Brands restaurant sales for the 2nd Quarter of 2021 compare to the 2nd Quarter of 2020?
How did Tasty Brands restaurant sales for the 2nd Quarter of 2021 compare to the 2nd Quarter of 2020?…
Economy, Stimulus, Resiliency: Where to Find Opportunities Post Coronavirus
Dr. Randy Anderson of Griffin Capital presented a Webinar for Blue Vault on October 14 in which he examined commercial real estate…
IPA Honors David Fisher with Outstanding Service Award for His Advocacy Efforts
The Institute for Portfolio Alternatives (“IPA”) has honored David Fisher, a managing partner of ExchangeRight, with its…
U.S. Retail Sales Jump as Delta Shifts Spending Back to Goods
U.S. retail sales unexpectedly increased last month in a broad advance, suggesting resilient demand for merchandise even as production…
Manhattan Retail Leasing Heats Up in Q3: Report
Retail leasing in Manhattan increased between June and September after eight consecutive quarters of decline, a boon for the…
US Hotel Occupancy Peaks Ahead of Columbus Day Weekend
U.S. hotel occupancy in the week ended Oct. 9 climbed to 63.9%, its highest level since the week ending Aug. 14, according to data from STR, which tracks the…
Starwood REIT Purchases 844-Unit Florida Apartment Complex
Starwood Property Trust paid $371.1 million for two apartment towers near Dadeland Mall, marking the most expensive multifamily investment sale of the year in South Florida…
Hines Global Income Trust Announces Increased NAV per Share
In an 8-K filing with the SEC on October 15, Hines Global Income Trust, Inc., a continuously offered nontraded REIT…
Net Lease Investors Fully Subscribe an ExchangeRight $86 Million Offering
ExchangeRight has fully subscribed its $86.38 million Net-Leased Portfolio 48 DST offering, which is designed to generate investor distributions from…
Blackstone, Brookfield Say Now’s The Time To Make Deals As Treasury Policy Changes Loom
Perhaps the two biggest giants in global commercial real estate are in “let’s make a deal” mode. Brookfield Asset Management CEO Bruce Flatt…
