AltsTech News
AltsTech News
Force Majeure Language Proliferates in Leases
Since the pandemic began, nearly one-third of commercial leases in the US negotiated since March include the pandemic as a force majeure event…
Altigo Year in Review
Altigo Year in Review December 21, 2020 | Heather Acey | WealthForge With the arrival of the...
What were the YTD total returns (before sales loads) for Blackstone Real Estate Income Trust’s (“BREIT’s”) Class I and Class S shares through November 2020?
Answer: The total returns before sales loads for BREIT’s Class I and Class S shares through November 2020 were…
Nontraded REITs with Distribution Yield Changes from Q4 2019 to Q3 2020
The impact of the COVID 19 pandemic on the nontraded REIT sector is illustrated in the number of nontraded REITs that were forced to…
Starwood Real Estate Income Trust Declares December Distributions
On December 31, 2020, Starwood Real Estate Income Trust, Inc. declared distributions for each class of its common stock in the amount…
Blackstone Real Estate Income Trust Declares December Distributions
On December 31, 2020, Blackstone Real Estate Income Trust, Inc. declared distributions for each class of its common stock in the amount set forth…
Hospitality Investors Trust Negotiates Alternative to Class C Share Distributions
On December 28, 2020, Hospitality Investors Trust, Inc. (“the Company”) filed an 8-K with the SEC describing an amendment to the…
JLLIPT Purchased Fort Worth Distribution Center in Texas
Jones Lang LaSalle Income Property Trust Inc.(JLLIPT) purchased the 350,000-square-foot Fort Worth Distribution Center in Fort Worth, Texas, according to a…
KBS REIT II Sells San Jose, CA Building, Announces $0.40 Liquidating Distribution
KBS Real Estate Investment Trust II Inc. sold a three-story, 96,502-square-foot building in San Jose, Calif., for $50.5 million…
NexPoint Provides Update on United Development Funding IV, Addresses UDFI’s Response to Tender Offer
DALLAS, Dec. 22, 2020 /PRNewswire/ — NexPoint Advisors, L.P. (together with its affiliates “NexPoint”) issued an update today on United Development Funding IV…
Griffin Capital Essential Asset REIT Declares January Distributions
On December 17, 2020, Griffin Capital Essential Asset REIT’s board of directors declared an all-cash distribution rate based on 365 days in the…
US Industrial Rents Up Nearly 6% This Year
US industrial rents have grown significantly this year, despite—or perhaps driven by—the global coronavirus pandemic. According to the Winter 2020 US industrial and logistics report from…
Owl Rock Capital Group and Dyal Capital Partners Execute Definitive Business Combination Agreement to Form Blue Owl Capital and List on NYSE via a Business Combination with Altimar Acquisition Corporation
NEW YORK — December 23, 2020 – Owl Rock Capital Group (“Owl Rock”) and the Dyal Capital Partners (“Dyal”) division of Neuberger Berman Group LLC…
Strategic Capital Fund Management Announces Baltimore Data Center Acquisition
Located northeast of Baltimore’s city center, the Baltimore Data Center is ideally situated along a major fiber route and located adjacent to the I-95 Philadelphia-Baltimore-Washington D.C. corridor.
NorthStar Healthcare Income Announces $3.89 NAV
On December 21, 2020, upon the recommendation of the audit committee (the “Audit Committee”) of the board of directors (the “Board”) of NorthStar Healthcare…
International Investors Have Sights Set on U.S. Multifamily Deals
New foreign investors are investing in apartment properties in the U.S.—even if they can’t easily get on a plane to visit buildings they are…
Strategic Data Center CEO Named One of the Most Influential Leaders in the Dallas-Fort Worth Area
“For the past six years I’ve had the privilege of being included alongside some of Dallas’s most dynamic business leaders,” commented Mr. Marsh.
CIM Real Estate Finance Trust, Inc. Completes Merger with Two CIM Net Lease REITs
The combined CMFT, CCIT III and CCPT V has approximately $4.8 billion in total asset value and a net asset value of $2.6 billion
Blackstone Real Estate Income Trust Completes Acquisition of Simply Self Storage for Approximately $1.2 Billion
NEW YORK–(BUSINESS WIRE)–Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced that it has completed its previously announced acquisition of…
Hotels Buyers and Sellers Remain Deadlocked
Investors have stashed away billions of dollars to buy hotel properties hurt by the economic chaos caused by the coronavirus. But…
