AltsTech News
AltsTech News
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…
Phillips Edison & Co. Inc. Files IPO for 17 Million Common Shares
Phillips Edison & Company filed for an offering of 17.0 million common shares at an expected price between $28.00 and $31.00 per share…
U.S. Hotel Occupancy Down in Week Ended July 3
Occupancy levels at U.S. hotels for the week ended July 3 were at 65.4%, a slight decline of 0.1% compared to the similar period in 2019, according to data…
Cantor Fitzgerald Purchases 180,415 SQFT Biotech Property in Valencia for $92MM
Located at 25155 Rye Canyon Loop, the 180,415-square-foot mission-critical life science building was completed in 2006 as a build-to-suit for Boston Scientific’s neuromodulation division global headquarters.
Griffin Capital Essential Asset REIT, Inc. Rebranded as Griffin Realty Trust (“GRT”)
Griffin Capital Essential Asset REIT, Inc. (the “Company”), a fully-integrated and internally-managed net lease REIT, today announced…
According to Leitbox Storage Partners, how much total rentable space exists in the 50,000 self-storage facilities across the United States?
Answer: With one in every ten Americans renting a self-storage unit, the square footage of self-storage units in the U.S. now totals more than three times…
Can Commercial Real Estate Serve as a Hedge Against Inflation?
Recent surges in the prices of commodities may or may not be harbingers of future inflation. The remarkable run-up…
