AltsTech News
AltsTech News
For the 126 properties owned by CIM Income NAV, Inc., a continuously offered nontraded REIT, what percentage of the portfolio’s leases expire after 2029?
Answer: 54% of the 150 leases related to the REIT’s property portfolio will expire after 2029, as reported as of August 10, 2020, assuming no renewal options are exercised…
Nearly two-thirds of New York restaurants expect to close
Most New York restaurants don’t expect to be taking orders next year…
SmartStop Self Storage REIT, Inc. Reports 2020 Second Quarter Results and Highlights
LADERA RANCH, Calif., Aug. 18, 2020 /PRNewswire/ — SmartStop Self Storage REIT, Inc. (“SmartStop”), a self-managed and fully-integrated self storage company with…
Which three nontraded REITs recently announced plans to merge, creating a pro forma portfolio consisting of 51 apartment complexes comprising 14,995 apartment units?
Answer: Three nontraded real estate investment trusts sponsored by Resource Real Estate LLC agreed to merge to create a $3 billion…
Inland Private Capital Corporation and Devon Self Storage Announce Strategic Relationship for Redevelopment and Operation of Self-Storage Properties Across the Nation
IPC specializes in offering multiple-owner, tax-focused, private placement investments as well as Qualified Opportunity Zone investments throughout the U.S.
ExchangeRight Affiliate Telos Capital Takes Offering Full Cycle with 38%/Year Investor Returns
PASADENA, Calif. – ExchangeRight’s sister company, Telos Capital, a private equity company that focuses on discounted and opportunistic value-add real estate investments across…
What will happen to Seattle’s empty office towers when COVID-19 ends?
As many white-collar employers extend into next year the work-from-home policies they instituted in response to the coronavirus pandemic, a vast amount of vertical space in downtown Seattle…
COVID Outbreak Hammering U.S. Commercial Property Investment Activity in 2020
Global commercial property consultant CBRE is reporting this week that net-lease investment in the U.S. fell significantly in Q2 2020, but comprised the highest share of total volume…
What Concessions Are Office Landlords Offering to Hold Onto Tenants as Demand Falters?
Leasing concessions are increasing in the office sector, but how far landlords are willing to go to secure tenants amid a pandemic depends…
Here Are 14 Retailers That Are Still Expanding in a Pandemic
While some retailers are closing thousands of physical stores and cancelling expansion plans due to sharp increases in online shopping and widespread shutdowns to curb the spread…
SmartStop Self Storage REIT Participated in BMO 2020 Real Assets Virtual Conference
LADERA RANCH, Calif. – September 8, 2020 – SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Company”) participated in Bank of Montreal’s…
Industrial Influencers
Even during a pandemic the industrial asset class continues to fare well. It would seem, to the uninitiated, that navigating this space was an easy task with every market and…
Office REIT Cash Flow Faces Risks From COVID-19
The boom in working from home due to COVID-19 could crimp office REITs’ cash flow, according to a new report…
Publicly-Traded REITs May Be Better Off in This Recession Than the Last One
Publicly-Traded REITs May Be Better Off in This Recession Than the Last One The lessons of the...
14 Big Factors Driving Commercial Real Estate Trends This Year
The Covid-19 pandemic has created an unprecedented challenge for the real estate industry. Commercial real estate professionals have had to navigate new obstacles like virtual showings…
United Development Funding IV Issues Response to NexPoint
GRAPEVINE, Texas, Sept. 01, 2020 (GLOBE NEWSWIRE) — United Development Funding IV (the “Trust” or “UDF IV,” and together with its affiliates “UDF”) issued a response on…
Priority Income Fund Announces Quarterly Cash Bonus Distribution to Common Shareholders in Addition to Monthly Cash Base Distributions
Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) Dividend Announcement…
Government Stimulus Softened the Blow From the Pandemic, But True Impact of the Health Crisis May Come If Support Subsides
Multifamily rent collections exceed expectations. Jobless claims were filed at a record pace in the second quarter and continued to come in at an elevated rate through July, posing…
Hines Global Acquires Silicon Valley Industrial Portfolio
Hines Global Income Trust, a public, non-listed REIT sponsored by Hines, has acquired the Advanced Manufacturing Portfolio, a massive industrial and manufacturing campus in…
Which multifamily investment company invests in Class B and Class C apartment properties that require varying levels of renovation to raise occupancy and rents?
Answer: Carter Multifamily Fund Management Company, LLC is a real estate company focused on acquiring multifamily real estate investments that…
