AltsTech News
AltsTech News
Capital Square 1031 Acquires Newly Constructed, Luxury Multifamily Community in Downtown Chattanooga
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today the acquisition of 17 Broad…
Which developer of self storage properties uses a patented algorithm to identify sites for its developments?
Leitbox Storage Partners utilizes a proprietary algorithm (Leitbox Sitefinder) to identify supply and demand imbalances for self storage investment throughout the United States.
CIM Real Estate Finance, CIM Income NAV to Combine in Stock-for-Stock Deal
CIM Real Estate Finance Trust Inc. agreed to merge with CIM Income NAV Inc., a fellow nontraded real estate investment trust managed by CIM Group LLC’s affiliates, in a stock-for-stock transaction.
An Option for Streamlined Settlement of Private Placement Bonds
An Option for Streamlined Settlement of Private Placement Bonds September 1, 2021 | Tim Cook In...
Which nontraded REIT that reported sales to Blue Vault raised the most capital in August 2021?
Black Creek Industrial REIT IV reported sales of $148.2 million in August 2021, up from $139.5 million in July, including DRIP proceeds…
iCapital Network® to Acquire Axio Financial, a Leading Service Provider to the U.S. Structured Notes Market
iCapital Network® to Acquire Axio Financial, a Leading Service Provider to the U.S. Structured...
Continuously Offered Nontraded REITs Have Excellent Returns in August
When it comes to volatility, the monthly total returns on the S&P 500 index was 3.90% compared to the standard deviation of the median returns on the continuously offered nontraded REITs was just 0.50%.
InPoint Commercial Real Estate Income, Inc. Announces Closing of Upsized Public Offering of Preferred Stock
The Company intends to contribute the net proceeds from the offering to its operating partnership, InPoint REIT Operating Partnership, LP…
Lightstone Real Estate Income Trust Renamed “Lightstone Value Plus REIT IV, Inc.”
On September 15, 2021, Lightstone Value Plus REIT IV, Inc. (the “Company”) filed Second Articles of Amendment to the Company’s Articles of Amendment…
InvenTrust Properties Corp. to Pursue a Listing on the New York Stock Exchange
InvenTrust Intends to Commence a $100 Million Modified “Dutch Auction” Tender Offer Concurrently with the NYSE Listing…
Which former nontraded REIT which has been a listed REIT is being acquired by PIMCO?
Columbia Property Trust, Inc. was formed in 2003 as a nontraded REIT then known as Wells Real Estate Investment Trust II, Inc., sponsored by Wells Capital Inc.
Capital Square Launches CSRA Opportunity Zone Fund VI to Develop Luxury, Mixed-Use Multifamily and Retail Property in Raleigh, N.C.
Capital Square, a leading sponsor of tax-advantaged real estate investments, announced today the launch of CSRA Opportunity Zone Fund VI, LLC…
Griffin Institutional Access® Real Estate Fund Announces Third Quarter Distribution
Griffin Capital Company, LLC announced today on behalf of Griffin Institutional Access Real Estate Fund (the “Fund”) a third quarter distribution of…
Bluerock Residential Growth REIT Weighs Sale or Recapitalization
Bluerock Residential Growth REIT Inc. hired an adviser as it weighs strategic options, including an outright sale or a recapitalization, Bloomberg News reported…
US Hotel Occupancy Drops Slightly from Past Week – STR
U.S. hotel performance for the week ended September 11 slightly declined from the previous week, but performance levels were solid on an absolute basis amid…
Preferred Apartment Communities, Inc. Acquires a 301-Unit Multifamily Community in the Nashville, Tennessee MSA
Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced that on September 14, 2021, it completed the acquisition of…
2021 Life Sciences Lab Real Estate Outlook
Life sciences industry momentum has been building for decades, but it’s recently become one of the most highly sought-after sectors within…
How much equity capital did Inland Private Capital Corporation raise in August?
Answer: Inland Private Capital Corporation reported capital raise in August of $60.59 million, included in Inland Real Estate Investment Corporation’s total of…
Leitbox Storage Partners welcomes Brandon James as Managing Director- Capital Markets
Leitbox Storage Partners, a self-storage investment and development platform, based in Birmingham, Alabama, announced today that it has hired…
PIMCO Acquires Columbia Property Trust For $3.9 Billion
Funds managed by Pacific Investment Management Company LLC (PIMCO) have acquired real estate investment trust Columbia Property Trust Inc. (NYSE: CXP) for…
