AltsTech News
AltsTech News
ExchangeRight Fully Subscribes $97.43 Million DST Offering Net-Leased To Essential Businesses
PASADENA, Calif. – ExchangeRight has fully subscribed its $97.43 million Net-Leased Portfolio 39 DST offering designed to generate stable cash flows to investors…
How COVID-19 Has Revealed the Non-Correlation and Lower Volatility of Alternatives
In a Blue Vault webinar entitled “Why Wealth Advisors are Looking More Closely at Alternative Strategies During the Pandemic” broadcast on October 29, H. Michael Schwartz…
Three CIM Group REITs Plan to Close Mergers Without CCIT II
CIM Real Estate Finance Trust Inc., Cole Office & Industrial REIT (CCIT III) Inc. and Cole Credit Property Trust V Inc. are taking the necessary measures to close their separate stock-for-stock merger deals entered into in August
Which private equity firm manages a portfolio of QSR (quick serve restaurants) that includes Burger King and Pizza Hut franchises?
Answer: Triton Pacific, founded in 2001, is a private equity firm offering income and growth investment programs for both accredited and…
This commercial property type is booming during COVID-19
Warehouses, fulfillment centers and other industrial properties are the one bright spot in the commercial real estate industry, which has otherwise been…
W.P. Carey Inc. Reports 2020 Third Quarter Results
W.P. Carey Inc. (NYSE: WPC) the sponsor of several nontraded REIT programs, announced its third quarter results on October 30, 2020. Among the results reported were…
Strategic Data Center’s Syndicated Credit Facility Expands
“Fresh off the heels of our recent acquisition of a Northern Virginia tier III data center, the confidence and commitment that First Foundation Bank has made to our company speaks volumes,” said Bryan Marsh
Cole Nontraded REITs Extend Go-Shop Periods in Merger Agreements
Cole Credit Property Trust V, Inc. and Cole Office & Industrial REIT II, Inc. have extended the Go Shop termination periods in their respective Agreements and Plans of…
Research Brief: Gross Domestic Product
U.S. records strongest quarterly gain on record. Reopening local economies pushed GDP growth to 33.1 percent in the summer quarter. Although the gain was on the high end of…
Nuveen Real Estate CIO Carly Tripp: “It’s Definitely a Good Time to Potentially Add Real Estate to Your Portfolio”
The recession triggered by the coronavirus pandemic may have flustered some commercial real estate investment professionals. Not…
What to Know About How Self-Directed IRAs Can Be Used to Invest in Real Estate
In an era when retirement pensions are practically non-existent, tax-deferred Individual Retirement Arrangements (IRAs) provide workers with a way to save for their…
Real Estate Investors Adopt Divergent Strategies Amid Uncertainty
More than six months into the 2020 recession caused by the global health crisis, questions at the forefront for commercial real estate are how much investors dial back…
Starwood Real Estate Investment Trust Updates Offering Prospectus
In an S-11 Preliminary Prospectus filed on October 29, 2020, Starwood Real Estate Investment Trust, Inc. updated the continuous offering transaction prices for…
Homes Are Still Selling Like It’s Summer Across Much of the U.S.
It’s the end of October, but the U.S. housing market is acting like it’s June…
Procaccianti Hotels Reduces Distributions for Q3 2020
On October 27, 2020, the board of directors (the “Board”) of Procaccianti Hotel REIT, Inc. (the “Company”) authorized the payment of distributions out of legally available…
Which sponsor of 1031 programs focuses its investments in necessity retail and healthcare properties with long-term net-leases backed by investment-grade corporations?
Answer: ExchangeRight’s 1031 portfolios typically include net-lease properties with long-term leases to tenants such as CVS, Walgreens, Kroger, Fresenius…
Cole Office & Industrial REIT II Merges with Griffin Capital Essential Asset REIT
The combined company will retain the name “Griffin Capital Essential Asset REIT, Inc.”
ExchangeRight’s Broker-Dealer & RIA Relations Team Welcomes David Flamm
PASADENA, Calif. – ExchangeRight is pleased to announce the appointment of David Flamm as vice president of its BD and RIA relations team. Flamm will work closely with…
CIM Income NAV Declares Distributions for October
The distribution rate for October is the same $0.0777 per share as the September distribution.
Which continuously offered nontraded REIT has raised approximately $1.7 billion of its $5.0 billion offering and recently raised its NAVs per share by approximately $0.03 per share as of September 30, 2020?
Answer: Starwood Real Estate Investment Trust announced on October 15 that it had raised approximately $1.7 billion in its continuous offering and raised the net asset…
