AltsTech News
AltsTech News
The 401(k) of real estate: the 1031 like-kind exchange
As with tax deferred retirement accounts, like-kind exchanges allow real estate owners to reinvest their profits from the sale of income producing properties into other similar income producing properties and defer – not dodge – the taxes.
KBS Growth & Income REIT to Delay Liquidation
In a letter to shareholders filed with the SEC in a January 27, 2021, 8-K, the board of directors of KBS Growth & Income REIT, a nontraded REIT…
Hines Global REIT’s Sale of The Rim for $220 Million
A North Carolina real estate firm has entered an agreement to purchase Texas’ largest outdoor shopping center for $219.7 million, the company confirmed…
Which global financial technology platform recently agreed to acquire AI Insight, Inc.?
Answer: iCapital Network, recently announced it has agreed to acquire the assets of AI Insight, Inc., an alternative investment education and…
Bluerock Residential Growth REIT (BRG) Posts Highest Total Shareholder Return Among All Publicly Traded Multifamily REITs in 2020
Bluerock Residential Growth REIT, Inc. (NYSE: BRG) (the “Company”) announced today the total return for the Company’s Class A common…
How many nontraded REITs had continuous offerings in 2020?
Answer: 14 nontraded REITs were offering common shares via continuous public offerings in 2020…
Continuously Offered NTRs Show Return Resiliency in 2020
In a year that showed extreme volatility for the stock prices of listed REITs, the monthly rates of return for the 14 open continuous offering nontraded…
MBA Wants to See More Stimulus Money for Renters, Restaurants, Hotels and Retailers
America’s renters have racked up a whopping $70 billion in unpaid rent during the pandemic-induced economic slump. In one of his first moves as the new leader…
ExchangeRight Fully Subscribes $77 Million Diversified Portfolio Featuring Walmart Neighborhood Market
ExchangeRight has fully subscribed its $77 million Net-Leased Portfolio 42 DST offering leased exclusively to tenants operating essential…
Bluerock Total Income+ Real Estate Fund Delivers a 2.57% Fourth Quarter Return and Bullish Outlook for 2021
Bluerock Total Income+ Real Estate Fund (“TI+”, “Fund” tickers: TIPRX, TIPPX, TIPWX, TIPLX) is pleased to announce a fourth quarter total return of 2.57% for the Fund’s institutional…
Which sponsor of DST programs has a track record of meeting or exceeding targeted cash flow distributions to investors for all 60 of the company’s offerings since the company’s founding in 2012?
Answer: ExchangeRight strategically acquires and manages long-term, net-leased assets backed by investment-grade corporations that…
KBS REIT III Declares Distributions, Sells Phoenix Office Property
On January 19, 2021, KBS Real Estate Investment Trust III, Inc.’s (the “Company”) board of directors authorized a January 2021 distribution in the amount of…
Sila Realty Trust Declares February Distributions
On January 25, 2021, the board of directors (the “Board”) of Sila Realty Trust, Inc. (the “Company”) approved and authorized a daily distribution to…
Existing home sales in 2020 hit highest point since 2006, but listings are at a record low
Still, even the most avid buyers are bumping up against barriers in today’s housing market. Record low supply and record high prices are limiting the…
Investors of All Stripes Are Still Interested in Silicon Valley Office Buildings
Unlike neighboring San Francisco and many large office markets nationally, the Silicon Valley office market has continued to shine throughout the current recession…
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…
