AltsTech News
AltsTech News
Pacific Oak Capital Advisors Acquires Portfolio of Seven Single-Family Homes in Continued Southeastern Expansion
Pacific Oak Capital Advisors, LLC, a sponsor primarily focused on commercial real estate-focused alternative investment programs, today announced…
How many single family homes did NexPoint’s VineBrook Homes Trust, Inc., a private REIT, own as of March 1, 2021?
Answer: VineBrook Homes Trust, Inc. owned 13,000+ homes as of March 1, 2021, and had total equity of $550+ million…
Micro Trends: Conversation with JLL on Growth in Life Sciences Real Estate
Interest in life sciences real estate has jumped during the current public health crisis. MBA NewsLink interviewed JLL Executive Director of U.S. Life Sciences Markets Travis McCready…
Cottonwood Communities Reports Preferred Offering Status
On November 8, 2019, Cottonwood Communities, Inc. launched a best-efforts private placement offering exempt from registration pursuant to Rule 506(b) of…
Multifamily Rents Jump in March, Post Strong Quarter
Average multifamily rents rose by $6 to $1,407 on a year-over-year (YOY) basis in March, according to Yardi Matrix…
Which self storage nontraded REIT closed a merger on March 17, 2021, acquiring 24 self storage facilities in nine states comprising approximately 18,000 storage units and approximately 2.0 million net rentable square feet?
Answer: SmartStop Self Storage REIT, Inc. merged with Strategic Storage Trust IV on March 17, 2021…
US Hotel Occupancy Remains Flat in Week Ended April 3 – STR
Weekly RevPAR rose to US$65.34, which was a 4.2% increase week over week and the industry’s highest level of the past 56 weeks when indexed to…
ExchangeRight Takes Two Net-Leased Portfolios Full Cycle, Achieving 129-168% Total Returns for Investors Including Return of Capital
ExchangeRight has recently brought two additional Net-Leased Portfolio DSTs full cycle in Q1 2021, generating annual returns ranging from…
March 2021 Nontraded REIT Capital Raise Increases 116% for Reporting Offerings
Blue Vault received March sales totals for 10 effective nontraded REIT program offerings as of April 12, 2021. Sales reported by those 10 NTRs totaled $260.96 million compared to…
They Came, They Saw, They Taxed
With its new package of whopping tax increases, New York State’s Democratic-controlled legislature has crossed over a metaphorical fiscal Rubicon. Over the last century, Albany has…
Mall vacancies jump at fastest pace on record, hitting new high, as retailers cull store counts
If you noticed more darkened windows and empty stores at the mall recently, you’re not alone…
Ares Management Corporation Closes Oversubscribed Third U.S. Opportunistic Real Estate Fund
res Management Corporation (“Ares”) (NYSE: ARES), a leading global alternative investment manager, announced today the final closing of its…
Bluerock Capital Markets Reports Record Equity Inflows in March and $149 Million of New Equity Capital Investment Across its Institutional Product Suite
Bluerock Capital Markets, LLC (“BCM” or “Company”), a distributor of institutional alternative investment products and the dedicated dealer…
REIT Leaders Speak Out at NYU Conference
CEOs that have guided their companies through stormy and sunny conditions alike participated in a rare series of in-depth, one-on-one conversations…
Cold Storage Facilities Will Remain “Hot” for 2021 and Beyond
Multiple factors are driving demand for cold storage warehouse space: online ordering, even for perishable items, is on the rise; panic-buying during the pandemic accelerated e-commerce…
Occupancy in Senior Housing Down 8.7% YOY
Occupancy in senior housing facilities dropped to a record low of 78.8% in the first quarter despite increasing vaccination rates and declining coronavirus infections, a potential concern for…
Secondary Markets are Popular Plays for Apartment Investors
Investors are currently more active in secondary markets like Dallas and Atlanta than they are in primary markets such as Los Angeles and…
FSI Launches Health Insurance Program For Advisors
The Financial Services Institute has launched a program to help advisors, staff and families get what FSI representatives says is affordable, high-quality health insurance plans, with one calling it a…
Which two sponsors of DST programs were #1 and #2 by market share as of December 2020?
Answer: Inland Private Capital Corp. had a 19% market share of DST programs, followed by ExchangeRight Real Estate at 12%, according to…
CNL Strategic Capital Acquires Majority Stake in ATA National Title Group in Partnership With Management
CNL Strategic Capital, LLC acquired a majority equity stake and made a concurrent debt investment in ATA National Title Group in…
