AltsTech News
AltsTech News
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.
How the Hotel Sector is Navigating the Economic Reopening
Guests are already reserving hotel rooms for what is likely to be a very busy summer. But not every hotel segment is likely to recover at the same pace as the U.S.
ExchangeRight Subscribes $68.15 Million DST Invested in 17 Properties Net-Leased to Essential Businesses
ExchangeRight, a vertically integrated real estate company that has met or exceeded investor cash flow targets on all of its offerings since inception,
Capital Square 1031 Acquires Class A Multifamily Community in Affluent Tennessee Submarket
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today the…
Real estate industry confidence skyrockets as commercial deals rebound
It was the worst of times, but now the industry is hoping for the best of times.
Wall Street’s return-to-office divide laid bare by Goldman and Citi
It’s a short stroll from Goldman Sachs Group’s global headquarters to Citigroup’s, but when it comes to reopening after the pandemic, the two Manhattan towers…
Aurora, Colorado’s First Opportunity Zone Residential Community Opened
Aurora, Colorado’s First Opportunity Zone Residential Community Opened Colorado’s first...
