AltsTech News

Landmark Properties and Blackstone Real Estate Income Trust Announce a $784 Million Joint Venture to Recapitalize and Acquire 5,416 Bed Class A Student Housing Portfolio

Landmark Properties, a vertically integrated student housing developer and owner-operator, has entered into…

Remote Work May Now Last for Two Years, Worrying Some Bosses

With the latest wave of return-to-office delays from Covid-19, some companies are considering a new possibility: Offices may be closed…

Marcus & Millichap Research Brief: Eviction Moratorium

Rising infections prompt moratorium extension. On Aug. 3 the Centers for Disease Control and Prevention enacted a new order halting residential evictions in…

US Hotel Occupancy Dips in Week Ended August 14 – STR

Occupancy at U.S. hotels and average daily rate for the week ended August 14 slipped from prior weeks, but comparisons with the corresponding week…

JLL Income Property Trust Declares 39th Consecutive Quarterly Dividend

JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $4.5 billion in portfolio assets and…

Marcus & Millichap Research Brief: Retail Sales

Consumers tapped brakes on spending last month. Core retail sales dipped 0.7 percent on a…

Name three listed REITs that are issuing non-traded preferred stock?

Answer: CIM Commercial Trust Corporation, Blue Rock Residential Growth REIT, Inc., and…

SmartStop Self Storage REIT May Launch an IPO According to Bloomberg

SmartStop Self Storage REIT (OTC:STSFF) is in talks with underwriters for a possible initial public offering that could occur as soon as this year, Bloomberg reports, citing people…

U.S. single-family rents soar 7.5% in June, accelerating pace

U.S. single-family home rental prices jumped 7.5 per cent in June, showing no sign of abating amid…

E-Commerce Share of Retail Sales Continues to Decline

Total retail sales fell 1.1% in July, a larger-than-expected decline that signals some important shifts in the underlying…

Kirk Montgomery: Family Offices

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Prospect Capital Schedules Fiscal Year Earnings Release and Conference Call

Prospect Capital Corporation (NASDAQ: PSEC) (the “Company”) today announced it expects to file with the Securities and Exchange Commission its report…

Understanding the Recent NAV Changes at Cottonwood Communities

On August 17, Cottonwood Communities announced a net asset value per share (“NAV”) for their outstanding Class A and Class TX shares and for their…

Which nontraded REIT recently merged with two other REITs to form a portfolio with 33 multifamily apartment communities?

Answer: Cottonwood Communities completed mergers with Cottonwood Multifamily REIT I and Cottonwood Multifamily REIT II on…

Investors Seeking Net Lease Stability Fully Subscribe ExchangeRight’s Latest DST Offering

ExchangeRight has fully subscribed its $58.85 million Net-Leased Portfolio 47 DST offering, which is designed to preserve investor capital, generate stable income…

Priority Income Fund Generated a 20.2% Total Return to Investors in R Shares Based on the R Shares Offering Price During the 12 Months ended May 31, 2021, Exceeding Key Loan Index Benchmark by 750 Basis Points

Priority Income Fund, Inc. (“Priority” or “Fund” or “PRIS”) is a Closed-End Fund (“CEF”) that produces recurring distribution yields from investing…