AltsTech News
AltsTech News
Retailers Restructured and Disposed Assets During the Last Downturn. Here’s How This Time Is Different.
The pandemic is forcing grappling retailers across the U.S. to make tough decisions. Some are trimming store fleets or shutting down operations altogether. According to a recent report from…
Tech Giants’ Projected Headcount Growth Means They Won’t Be Giving Up on Office Space
Earlier this year, many of the largest technology firms announced they would let their employees work from home well into next year or even permanently. This made it seem like the technology…
Commercial Construction Could Be Rebounding: US Chamber
Is commercial construction recovering? Maybe. The U.S. Chamber of Commerce Commercial Construction index for the third quarter rose to…
Adjustments in Pricing Lag a Decline in Property Values
One thing that buyers and sellers can agree on these days is that there has been a reset in property values across many sectors and geographic markets. Yet the sticking point that…
Hotel Developers Continue to Open New Sites Despite Brutal Market Conditions
Despite the well-documented plummet in demand for hotel rooms that has only partially recovered from the lows at the height of worldwide COVID-19 precipitated lockdowns, developers are…
CNB Custody Enhances Services by Launching Direct Real Estate in Self-Directed IRAs
CNB Custody Enhances Services by Launching Direct Real Estate in Self-Directed IRAs September 18,...
Bluerock Residential Growth REIT Announces Partial Redemption of 8.250% Series A Cumulative Redeemable Preferred Stock
NEW YORK, Sept. 21, 2020 /PRNewswire/ — Bluerock Residential Growth REIT, Inc. (the “Company”) announced today that it intends to redeem 1,393,294 shares of its…
AIX and Great Lakes Fund Solutions Announce Integration
AIX and Great Lakes Fund Solutions Announce Integration AIX and Great Lakes offer seamless,...
What percentage of the $1.67 billion raised by nontraded REIT programs in Q2 2020 was raised by continuous offerings and what percentage was raised by traditional life cycle REITs?
Answer: 99.1% of the offering proceeds raised by nontraded REITs in Q2 2020 was raised by continuously offered programs. Just 0.9% was raised by…
Self Storage Rents Continue Recovery Despite COVID-19
Despite severe economic distress caused by the global health crisis, the self storage sector continued to hold steady in August. Over the past 12 months, street-rate rents declined…
ExchangeRight August and September Rent Collections Update
PASADENA, Calif. – ExchangeRight is pleased to announce that it has collected 100% of August and September rent from its net lease tenants on behalf of…
How many nontraded REIT mergers have occurred since January 2019?
Answer: There have been five completed mergers of NTRs since January 1, 2019. There have been eleven NTRs involved in those mergers and…
Black Creek Group Sees E-commerce Continue to Positively Impact Industrial Demand Particularly in Coastal and Urban Markets
DENVER, September 22 — Black Creek Group, a Denver-based real estate investment management firm with a more than 25-year history, today announced…
ExchangeRight Fully Subscribes $39.08 Million Offering Focused on Creditworthy Essential Businesses
PASADENA, Calif. – ExchangeRight has fully subscribed its $39.08 million Net-Leased Portfolio 37 DST, an offering designed to generate stable income and…
A $700 Million CMBS Portfolio Is On the Brink as Malls Collapse
Bond investors who wagered on a group of malls owned by Barry Sternlicht’s Starwood Capital Group are starting to take losses after the Covid-19 pandemic shuttered stores…
How PGIM Has Been Adjusting its Investment Strategy
The COVID-19 pandemic has not only supported the continued rise of e-commerce and demographic shifts in the multifamily sector, but significantly accelerated those…
CRE Is Still Attractive for Investors, Says Black Creek CEO Dhanda
The coronavirus pandemic may have kept some commercial real estate investors largely on the sidelines, but real estate investment manager Black Creek Group LLC has unquestionably…
Marcus & Millichap: Retail Sales Research Brief
Consumer spending growth normalizes in August. Retail sales from the U.S. Census provides a glimpse into the pace of an economic expansion without additional support from…
Cushman & Wakefield closes sale of first two phases of Nashville industrial park
Cushman & Wakefield has arranged the sale of Phase I and II of Airport Logistics Park, a new 397,981-square-foot industrial park in…
Recent Consolidation Trends in the Nontraded REIT Sector
The recent September 8, 2020, announcement by Resource of merger agreements for Resource Opportunity REIT (REIT I), Resource Opportunity REIT II…
