AltsTech News
AltsTech News
U.S. Multifamily Tenants Owe $70B in Unpaid Rent
Renters have racked up a stunning $70 billion in unpaid rent since the start of the economic crisis cause by the coronavirus, according to an analysis of…
Cerulli Associates and Blue Vault Launch First Ever Comprehensive Survey on Alternative Investments
Cerulli Associates and Blue Vault have partnered on a brand new research study that seeks to understand advisor use of Alternative Investments via a comprehensive approach…
Blackstone REIT Buys 60% of $1.6 Billion Industrial Portfolios
The Blackstone Group Inc.’s Blackstone Real Estate Income Trust Inc. acquired a roughly 60% combined interest in two industrial portfolios with gross value of…
KBS Sells 333,014 Square-Foot Class A Office Property in Phoenix, Arizona for $103.5 Million After Completing Extensive Improvement Program
PHOENIX–(BUSINESS WIRE)–KBS, one of the largest investors in premier commercial real estate in the nation, announced today that it has sold a 333,014 square-foot…
What is the total book value of all real estate assets owned by nontraded REITs?
Answer: Active nontraded REITs, excluding three REITs that are in the process of liquidating their portfolios, had real estate assets totaling…
InPoint Commercial Real Estate Income Reports NAVs
The company updated the appraisal for the Renaissance Chicago O’Hare from $21,600,000 to $14,000,000 following the receipt of a new appraisal…
Blackstone’s Pre-Covid-19 Portfolio Shifts Have Turned Out Well
The pandemic has slammed some of the major property types, but changes that Blackstone Group Inc. made to its real-estate portfolio over time have helped the…
ExchangeRight Reports Record-Breaking Year in 2020
PASADENA, Calif. – ExchangeRight is pleased to report that 2020 was a record-breaking year for the company despite the economic turbulence caused by…
Ben Aitkenhead: Risks of Single Family Rental
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Altigo Successfully Completes Independent SOC 2 Type II Audit, Reinforcing Commitment to Data Security
WealthForge announced today that its electronic investment processing platform, Altigo, has successfully completed an independent…
CIM Commercial Trust Faces Calls for Board Changes
A pair of CIM Commercial Trust activist investors called for a board overhaul at the office real estate investment trust, expecting that a new board would…
How has the volatility of the daily NAV RREEF Property Trust Class I share’s net asset value over the last 12 months compare to the volatility of the FTSE All Equity REIT price index?
Answer: Over the last 12 months, the NAV of RREEF Property Trust’s Class I shares has varied from a value that was down 3.99% to up 0.55%. Over the same time period…
Inland Real Estate Acquisitions Purchases $1.3 Billion of Commercial Real Estate in 2020
During 2020, the Inland Acquisitions team collectively purchased 35 properties across 12 states.
Blue Vault Announces Official Dates for Alts Week 2021
Blue Vault and Bowman Law are moving forward with Alts Week plans, virtually. The Blue Vault Bowman Alts Summit Week 2021 will be held the week of…
Hines Global Income Trust Announces $10.12 NAV Per Share
In an 8-K filing on January 14, 2021, Hines Global Income Trust, Inc. announced its December 31, 2020, NAV per share of $10.12. This represents…
InvenTrust Announces Increased Distribution and 8% Decline in NAV
In a letter to shareholders, InvenTrust announced that starting April 2021, the Company’s dividend rate will increase 3% to an annualized rate of…
US Hotel RevPAR for Week Ended January 9 Drops 47.7% YOY – STR
The effects of the coronavirus pandemic continued to weigh on U.S. hotel performance for the week ended January 9, with revenue per available room…
Off-Campus Student Housing Off to a Slow Start for Fall 2021
With uncertainty over how quickly COVID-19 vaccinations will be rolled out nationally, students are taking their time to sign leases for off-campus student housing…
The Parking REIT, Inc. Enters into Definitive Agreement with an Affiliate of Bombe Asset Management LLC to Acquire a Majority Stake
LAS VEGAS, Jan. 14, 2021 /PRNewswire/ — The Parking REIT, Inc. (“The Parking REIT” or the “Company”) announced today that it has entered into a definitive agreement with…
Which investment manager has a private offering with a current portfolio consisting of 161 Pizza Hut restaurants and 68 Burger King restaurants?
Which investment manager has a private offering with a current portfolio consisting of 161 Pizza...
