AltsTech News
AltsTech News
ExchangeRight Fully Subscribes $121.4 Million Net-Leased DST Focused on Investment-Grade Essential Businesses
PASADENA, Calif. – ExchangeRight has fully subscribed its $121.4 million Net-Leased Portfolio 41 DST offering leased to 11 national creditworthy tenants…
The worst of the coronavirus pandemic may be over for shopping malls
Holiday traffic at malls was surprisingly not terrible, data tracking firm Placer.ai says in a new report analyzing foot traffic from more than two dozen malls…
San Francisco Office Vacancy Rate Eclipses Financial-Crisis High
San Francisco Office Vacancy Rate Eclipses Financial-Crisis High › More sublease space is...
Multifamily Properties Are Positioned for a Strong 2021
The multifamily sector weathered the storm in 2020, living up to its reputation as one of the most stable commercial real estate asset classes. The forecast for apartments in the new year is…
December 2020 Nontraded REIT Capital Raise Increases 41% for Reporting Offerings
Blue Vault received December sales totals for 12 effective nontraded REIT program offerings as of January 10, 2021. Sales reported by those 12 NTRs totaled…
How did Bluerock Residential Growth REIT’s multifamily portfolio perform in Q4 2020?
Answer: The REIT collected 97% of rents in Q4 2020 and increased occupancy rates…
Brian Jones of Envision Financial Systems wins 2020 Nicsa NOVA Strategic Leadership Award
(Costa Mesa, Calif., Dec. 17, 2020) – Envision Financial Systems, Inc., a leading provider of real-time investor recordkeeping technology and transfer agency services, is proud to announce…
Envision’s Lani Oneil Appointed to Nicsa Alternative Investments Committee
(Costa Mesa, Calif., Dec. 18, 2020) – Envision Financial Systems, Inc., a leading provider of real-time investor recordkeeping technology and transfer agency services, announced the…
Nontraded REITs Compare Favorably When Market Volatility Increases
In the history of the nontraded REIT industry, it has been difficult to make a case for the stability of REIT pricing compared to listed REITs because the…
2021 Outlook for REITs and Commercial Real Estate: Risk and Resilience
The outlook for 2021 remains uncertain, in part due to the continuing risks from the coronavirus (as of this writing, new cases of COVID-19 were surging, but three vaccines had been reported to…
Hilton Times Square Owner Gives Property to Mortgage Lender
The owner of the Hilton Hotel in Times Square has given the keys to the hotel back to its mortgage holder…
Retail rents tumble to historic lows in New York City amid bankruptcies and store vacancies
Rents for retail space in New York City have tumbled to historic lows, dropping as much as 25% from 2019 levels, as troubled retailers like Neiman Marcus and Century 21 closed stores and…
Listed REITs Closed 2020 at a Median 3.9% Discount to NAV
In a January 7, 2021, report by S&P Global, publicly traded U.S. equity REITs closed 2020 at a median of 3.9% discount to their consensus…
Net Lease Sector Showed Strength in the Fourth Quarter of 2020
While many sectors of commercial real estate continued to struggle in the fourth quarter of 2020, investors’ preference for net lease assets remained strong. Investment sales activity…
5 predictions for 2021
NASHVILLE, Tennessee—After the events of 2020, quite a bit of the near-term hotel industry outlook is decidedly better, which is not hard to imagine. But just like with all recoveries…
Interested Investors Overwhelm the Market for Data Center Properties
Data centers as an asset class have thrived under the COVID-19 pandemic. All those Zoom calls and online transactions generate data that needs…
ExchangeRight Lifetime Charitable Donations Surpass $41 Million, Contributing Over $16 Million in 2020
PASADENA, Calif. – ExchangeRight has announced that the company has had the opportunity to donate over $16.9 million in 2020 and…
Leitbox Storage Partners Acquires Majority Interest in Self-Storage Construction Services Company, WSJohnCo
“The acquisition of WSJohnCo represents our continued commitment to improve our programmatic development strategy…”
ICI report on ops headaches for interval fund sponsors flags areas where help is sorely needed, easily found
An interesting recent paper from the ICI Broker/Dealer Advisory Committee, “Consider This: Interval Fund Operational Practices,” looks at several functional areas…
Which nontraded REIT raised $139 million in equity capital in Q3 2020, placing second among all nontraded REITs in capital raised during the quarter?
Answer: Starwood Real Estate Income Trust raised $139 million, including DRIP proceeds, from the issuance of common stock in…
