AltsTech News
AltsTech News
Which nontraded REIT merger currently pending will result in a surviving nontraded REIT with an estimated $5.9 billion in assets under management?
Answer: The proposed merger of CIM Real Estate Finance Trust, Cole Office & Industrial REITs II and III, and Cole Credit Property Trust V will have…
SmartStop Self Storage REIT Updates Distribution Policy
The board of directors of SmartStop Self Storage REIT, Inc. (“SSSR”) announced on September 28 a change to the Company’s distribution…
Strategic Storage Trust IV Updates Distribution Policy
The board of directors of Strategic Storage Trust IV, Inc. (“SSTIV”) announced on September 28 a change to the Company’s distribution…
Blackstone Real Estate Income Trust registers $12B best-efforts offering
Blackstone Real Estate Income Trust Inc. filed for a best-efforts offering of up to $12.00 billion of its class T, class S, class D and…
Avi Shemesh: How CIM Group Started
Hear about the origins of CIM Group from one of its co-founders.
Avi Shemesh: Goal of CIM Group
In this clip, Avi Shemesh (Co-Founder and Principal, CIM Group) speaks about CIM Group’s focus on providing quality asset management to both institutional and retail investors.
ExchangeRight Has the Right Stuff
Blue Vault recently interviewed Joshua Ungerecht at ExchangeRight, the real estate sponsor that offers diversified portfolios invested in recession-resilient necessity…
Phoenix American Announces New Client Partnership With New York City-Based Time Equities, Inc.
Phoenix American Announces New Client Partnership With New York City-Based Time Equities, Inc....
U.S. new home sales vault to near 14-year high in August
WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased to their highest level in nearly 14 years in August, suggesting the housing market continued to gain…
Most Retailers Have Now Struck Agreements with Landlords on Back Rent
Retailers have struggled to pay rent through the pandemic, and as a result, the retail market has been among the sectors with the lowest rent collections in the…
‘The COVID Discount Bin’: Investors Lose Confidence In CRE As REIT Stocks Slump
While major stock indices show the market has largely recovered from its coronavirus-induced plunge, REIT stocks are still well below their pre-crisis levels, showing a lack of investor confidence in…
Open-Air Retail’s Dominance Could Last Well Beyond The Pandemic
One of the lasting effects of the coronavirus pandemic on the retail sector may be a bias against indoor shopping experiences among customers and developers, retail…
Sovereign Wealth and Public Pension Direct Investments in Data Centers Outpace Hotels in 2020
Cash-rich sovereign wealth funds and public pensions are feeling more comfortable directly investing in data centers versus hotels and resorts…
Office Market Could Shed 145M Square Feet in the Next Two Years
The office market has been rocked by the pandemic, thanks to both widespread job loss and remote work mandates. Now, a new report from Cushman & Wakefield captures the pandemic’s impact on…
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,...
