AltsTech News
AltsTech News
Phillips Edison prices IPO
Neighborhood shopping centers operator Phillips Edison & Co. Inc. priced its IPO of 17.0 million common shares at…
Blackstone Enters Deal to Manage AIG Life and Retirement Assets
Blackstone Group Inc. struck a sweeping deal with American International Group Inc. to manage a portion of the assets backing AIG’s life-insurance policies and…
Brookfield to Create Private REIT Out of Oaktree-Managed Assets
Brookfield Asset Management Inc. is looking to establish its own private real estate investment trust, known as Brookfield Real Estate Income Trust Inc….
Bluerock Capital Markets Reports Record Second Quarter Equity Inflows of $420 Million Across its Investment Product Suite
Bluerock Capital Markets, LLC (“BCM” or “Company”), a distributor of institutional alternative investment products and the dedicated dealer manager for…
Prologis Completes $920 Million US Industrial Portfolio Sale
Affiliates of industrial real estate investment trust Prologis Inc. closed their approximately $920 million sale of 48 industrial properties across…
AIG Selling Affordable Housing Interest to Blackstone REIT
AIG agreed to sell its interests in a U.S. affordable housing portfolio to Blackstone Real Estate Income Trust Inc. for…
Monmouth Bids Signal Stepped-Up M&A Activity
Industrial REIT Monmouth Real Estate Corp., which was set to be purchased by Sam Zell’s Equity Commonwealth in a $3.4 billion deal later this year, is now…
Since the inception of the nontraded REIT industry, which program had a life of only 1.6 years and an annualized rate of return with distributions reinvested of 20.52%?
Answer: American Realty Capital Trust IV, Inc. merged with American Realty Capital Properties in January 2014 giving investors…
Lightstone Value Plus REIT V Acquires BayVue Apartments in Tampa, Florida
On July 7, 2021, Lightstone Value Plus Real Estate Investment Trust V, Inc. (the “Company”), through LVP BH BayVue LLC (“LVP BH BayVue”), a subsidiary of Lightstone REIT V OP LP…
Soaring warehouse demand boosts commercial real estate market as office vacancies mount
After ShipBob decided last July to let staffers work from anywhere, the logistics start-up had its landlord erect a wall…
REITs Pass Midyear Point Up More than 20%
The FTSE Nareit All Equity REITs Index was up 21.35 percent through the end of June—outperforming major indices including…
CNL Financial Group Partners with iCapital Network® to Enhance Access to Alternative Investments
CNL Financial Group, a leading provider of alternative investments, and iCapital Network1, the leading global financial technology platform…
Hines Global Income Trust, Inc. Amended and Restated Share Redemption Program
As Adopted by the Board of Directors, effective June 30, 2021…
Hartman Short Term Income Properties XX, Inc. Increases Q2 21 Monthly Distributions for Shareholders
Hartman Short Term Income Properties XX, Inc., has announced an increase in monthly distributions from…
Blue Vault Announces the Release of Phase IV of the Database
Blue Vault is pleased to release “Phase Four” of its new user interface as part of its launch of...
Which nontraded REIT has increased its gross distribution per share each month from $0.05737926 for the December 30, 2020 record date to $0.06058016 for the May 30, 2021 record date?
Answer: Nuveen Global Cities REIT, Inc. The $0.727 annualized distribution rate based upon the May 30, 2021 record date and the most recent NAV per share…
June 2021 Nontraded REIT Capital Raise Increases 13.2% for Reporting Offerings
Blue Vault received June sales totals for 11 effective nontraded REIT program offerings as of July 10, 2021. Sales reported by…
Capital Square 1031 Acquires Purpose-Built Neuro-Rehabilitation Facility Near Dallas in All-Cash Transaction
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today…
Prospect Capital Announces Pricing of $150 Million in Aggregate Liquidation Preference of 5.35% Series A Perpetual Preferred Stock
Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today the pricing of an underwritten public…
ExchangeRight Successfully Subscribes an $81 Million DST Offering
ExchangeRight has fully subscribed its $81.11 million Net-Leased Portfolio 46 DST offering. The tenants selected for the offering satisfy…
