AltsTech News
AltsTech News
Capital Square Apartment REIT, Inc. Acquires a Newly Constructed Class A Multifamily Community in Greater Richmond, Virginia
Capital Square Apartment REIT, Inc. announced today its acquisition of Sapphire at Centerpointe, a Class A, 192-unit multifamily community…
Corporate Office Properties Enters $119M Data Center Joint Venture with Blackstone
Corporate Office Properties Trust formed a new joint venture with funds affiliated with Blackstone REIT, a unit of private equity giant…
Invesco Backs Mynd to Spend $5 Billion on Single-Family Rentals
Funds managed by Invesco Real Estate are backing Mynd Management to spend as much as $5 billion, including debt, purchasing about…
Seniors Housing Demand Will Soon Be At Its Highest Point Ever
There is no question the pandemic hit seniors housing hard. In some cases, facilities had to manage COVID-19 outbreaks that put patients and…
How does Legendary Capital utilize an UPREIT to provide liquidity to investors?
Answer: In a 721 UPREIT (Umbrella Partnership REIT) transaction, property is contributed to a REIT’s operating partnership…
JLL Income Property Trust Secures $650M Credit Facility
JLL Income Property Trust, which in recent months has increased its industrial holdings, has secured a $650 million credit facility to continue its…
Why Industrial Remains Healthy for These Four Markets
Strong demand is likely to fill millions of square feet of industrial space now under construction, according to “Industrial Trends in Austin, Seattle, Phoenix and Miami,” a new report…
US Hotel Occupancy in Week Ended May 22 Hits 60% Mark – STR
U.S. hotel occupancy for the week ended May 22 hit 60.3%, the highest since the beginning of the coronavirus pandemic, according to data from STR…
Cottonwood Communities Determines First NAV of $11.06
Cottonwood Communities, Inc. (“Cottonwood Communities”), a publicly registered non-traded real estate investment trust, has announced a net asset value…
What percentage of ExchangeRight’s active offerings are meeting or exceeding investor cash flow distribution projections?
Answer: 100%
Prospect Capital Corporation Preferred Stock Offering Cumulative Issuances Exceed $100 Million Across Institutional, Registered Investment Advisor, Wirehouse, and Independent Private Wealth Investors
Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today that Prospect’s preferred…
US Hotel Industry Records Best Performance Since Pre-Pandemic
In yet another promising sign for travel and tourism’s recovery, the U.S. hotel industry saw its highest monthly…
REIT Exposures to Interest Rates are at an All-Time Low
REIT exposures to interest rates are at an all-time low, as demonstrated by new data from the Nareit T-Tracker®…
Distressed Commercial Real Estate Is Still Sitting in Purgatory
It’s been obvious since the pandemic struck that commercial real estate would be hit hard. The demand for office, retail, and hotel space has been…
REITs Are Staging a Slow-Mo ComebackREITs Are Staging a Slow-Mo Comeback
Real estate investment trusts (REITs) are recovering, oh so gradually, but they at least are on the mend overall…
The top 5 challenges of investor onboarding and the need for digitization
Investor onboarding in today’s environment is crucial; organizations are choosing to digitize their investor onboarding experience to create a solid…
What is the average DST investment according to DST sponsor Inland American Real Estate Group?
Answer: Blue Rock Residential Growth REIT reported the increase in earnings per share and also had April Portfolio Lease Rate Growth of 7.7% and…
Blue Vault Office Closing Early Friday, May 28 & Closed Monday, May 31
Our office will be closing at 1:00 p.m. on Friday, May 28, and will be closed on Monday, May 31 in observance of Memorial Day…
SmartStop’s H. Michael Schwartz Presents 2021 Update
On March 26, H. Michael Schwartz, CEO and President of SmartStop Self Storage REIT, Inc. (“SSSR”) presented an update with…
Pacific Oak Strategic to sell Orange, Calif., office tower for $150.5M
Pacific Oak Strategic Opportunity REIT Inc. earlier in May agreed to sell a 435,177-rentable-square-foot office asset in Orange, Calif., for $150.5 million, subject to…
