AltsTech News
AltsTech News
Capital Square Marks Construction Milestone with Topping Out of Scott’s Collection I
The development division of Capital Square, a leading sponsor of tax-advantaged real estate investments, announced today…
Which financial technology company recently announced a partnership with Phoenix American to deliver straight-through processing for alternative investments?
Answer: Phoenix American, a leading transfer agent and fund administration provider for alternative investments and WealthForge, a registered broker-dealer and…
Nuveen Global Cities REIT Increases its Alternatives Exposure with the Acquisition of Two Healthcare Related Properties
Nuveen Global Cities REIT, Inc. (GCREIT) has recently acquired 10455 Pacific Center Court, a healthcare related R&D property, and Hillcroft Medical Center…
Griffin Capital Closes on 11th Land Acquisition in Qualified Opportunity Zones
Griffin Capital Company, LLC (“Griffin Capital”), a leading privately-held alternative asset manager, announced…
What Goes Up, Must Come Down?
Prices of many goods and services rose rapidly in recent months, sparking fears of higher levels of inflation that could prompt the Federal Reserve to…
REITs Declined Amid Rates Concerns
REIT share prices declined last week, with a total return of negative 3.1% on the FTSE Nareit All Equity REITs Index, as financial markets reacted…
Leitbox Storage Partners welcomes Karen George as Managing Director of Fund Strategy & Operations
Leitbox Storage Partners, a self-storage investment and development platform, based in Birmingham, Alabama, announced today that…
California weighs extending eviction protections past June
Gov. Gavin Newsom says California will pay off all the past-due rent that accumulated in the nation’s most populated state because of the fallout from…
Blackstone REIT to Acquire Home Partners of America for $6 Billion
Blackstone Real Estate Income Trust Inc. will pay $6.0 billion to buy single-family rental homes company…
Healthcare Trust Announces Series A Preferred Stock Dividend
Healthcare Trust, Inc. (Nasdaq: HTIA) (“HTI”) announced today that it intends to continue to pay dividends on…
U.S. Economy Is Bouncing Back From Covid-19. Now Foreign Investors Are Rushing In.
The extraordinary recovery of the U.S. economy is likely to make the country the world’s top destination for overseas investment this year and next, according to new…
Prospect Capital Funds $55 Million First Lien Senior Secured Floating Rate Term Loan to Enseo
Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has funded a $55 million first lien senior secured floating…
Which real estate infrastructure owner, operator, lender and developer has over 1,000 employees in nine corporate offices and manages $29.2 billion in assets?
Answer: CIM Group, founded in 1994 in Southern California. The firm manages three public programs…
Continuously Offered Nontraded REITs Continue Strong Performance in May
The continuously offered nontraded REITs have shown impressive increases in estimated Net Asset Values (NAVs) so far…
Cottonwood Hires Thayer Gallison as SVP of Capital Markets, Head of Product Strategy
CW Markets Group, a branch office of Orchard Securities, the capital markets division and wholesale distribution arm of Cottonwood Communities, Inc….
Griffin Capital Company Announces Partnership with iCapital Network®, Leading Fintech Platform
Griffin Capital Company Announces Partnership with iCapital Network®, Leading Fintech Platform...
June retail market: US sales drop below expectations; 4 new bankruptcies
U.S. retail sales fell in May as stores in several categories reported less business than the prior month, though industry watchers remain optimistic about
SmartStop Self Storage REIT Recommends Rejection of 3rd Party Tender Offer
The Board of Directors (the “Board”) of SmartStop Self Storage REIT, Inc. (the “Company”) unanimously recommends that you IGNORE the materials that
Fed meeting may mark beginning of the end for pandemicera monetary policy
Inflation is surging, COVID infection rates are plunging and the U.S. is rapidly approaching a 50% vaccination rate. Still, no notable change to the Fed’s
Investors Explore UPREITs as Alternative to 1031s
President Biden’s tax proposal that puts 1031 exchanges on the chopping block is shining a spotlight on UPREITs as an alternative strategy to defer capital gains taxes.
