AltsTech News
AltsTech News
Inland Real Estate Group Purchases 11 Single-Tenant Retail Portfolio
The pandemic-, internet- and recession-resistant retail properties are net leased to Stop & Shop…
Which Reg. D offering that will invest in limited, select-service and extended-stay hotels will be the first voluntarily reporting Reg. D with monthly shareholder updates?
Answer: Legendary Capital’s Lodging Fund REIT III is a $100 million offering with a $5,000 minimum investment that will voluntarily provide…
Over its investment history, Sealy & Company has invested in well over 300 projects. What has been the gross levered IRR for those projects?
Answer: Historically, Sealy & Company has materially outperformed industry benchmarks by generating a gross levered IRA of over 26%…
Continuously Offered Nontraded REITs Have Impressive Total Returns in March
With regular NAV revisions and distribution yields, the monthly total returns for continuously offered nontraded REIT shares can be calculated and…
Surging demand for logistics properties highlighted in Prologis’ Q1 report
Prologis Inc. (NYSE: PLD) reported core funds from operations of 97 cents per share Monday, 3 cents ahead of the consensus estimate and 14 cents better than…
Redemption Requests Slow Inflows to Real Estate Interval Funds
Real estate interval funds are working to regain the momentum they were enjoying pre-pandemic. Steady inflows of new capital around $2.2 billion per year between 2016 and 2018 took a…
Which listed REIT raised over $242 million in nontraded preferred stock offerings in 2020, and has raised over $98 million in preferred stock offerings in first three months of 2021?
Answer: Bluerock Residential Growth REIT issues nonlisted preferred equity and has raised over $340 million through those…
Strategic Storage Trust VI in JV with SmartCentres REIT
SmartCentres REIT teamed up with Strategic Storage Trust VI Inc., a private real estate investment trust sponsored by a SmartStop Self Storage REIT Inc. affiliate…
Hartman REIT Launches BIZSUITES, an Executive Suites Concept for Small Businesses
Hartman Income REIT Management Inc. (Hartman) has launched BIZSUITES, a new business entity aimed to address the post-pandemic workplace…
Griffin Institutional Access Real Estate Fund Announces Continued Commitment to High Conviction Investment Themes
Griffin Capital Company, LLC announced today the release of Griffin Institutional Access Real Estate Fund’s (the “Fund”) holdings summary…
Inland Private Capital Corporation Provides Liquidity with Sale of a 304-Unit East Raleigh Multifamily Property
The sale resulted in a total return to the investors of 147.36 percent (calculated based on the aggregate amount of original capital invested in the property).
Hotel REIT Preps Deal to Give Brookfield Control in Bankruptcy
Hospitality Investors Trust Inc. is nearing a deal that would hand control of the debt-laden hotel operator to Brookfield Asset Management as part of a pre-packaged bankruptcy…
As Tenants Accelerate Office Return Plans, Investors See an Opportunity
With vaccines demonstrating their effectiveness in reducing COVID-19 transmissions, hospitalizations and deaths, employers around the country are feeling more confident about asking their…
ExchangeRight Fully Subscribes $96.85 Million DST 100% Net-Leased to Essential Businesses
ExchangeRight has fully subscribed its $96.85 million Net-Leased Portfolio 43 DST offering leased exclusively to tenants operating in seven essential…
Remote Work Expected to Decrease Office Density and Demand
The era of tightly packed offices could be gone as office spaces are expected to be less dense in the coming years as remote work seems here to stay…
Consumer prices rise more than expected, pushed by 9.1% jump in gasoline
Consumer prices shot higher in March, given a boost by a strong economic recovery and year-over-year comparisons to a time when the Covid-19 pandemic was about to…
Apartment Rent Spreads Stay Negative But the Climate Improves
While rent spreads on new apartment leases were negative 0.6% in March on a year-over-year basis and negative 0.8% on a 12-month basis, conditions are improving, according to…
What Life Company Lenders Like Now
There is no doubt that 2020 will go down as one of the toughest years for unforeseen economic disruptions on record. However, disciplined commercial real estate lenders…
What are the two Reg. D funds sponsored by Strategic Capital Fund Management that invest in digital infrastructure?
Answer: Strategic Wireless Instructure Fund invests in cell towers, wireless easements, fiber networks , small cells and distributed antenna systems. Strategic Data Center Fund…
Griffin Capital Closes on 10th Land Acquisition in Qualified Opportunity Zones
Griffin Capital Company, LLC (“Griffin Capital”), a leading privately-held alternative asset manager, announced the closing of its tenth land acquisition in a…
