AltsTech News

KBS Growth & Income REIT Revises Distribution Policies

KBS Growth & Income REIT Inc.’s board will consider and declare distributions based on a single quarterly record date starting in the third quarter due to…

Which nontraded REIT exceeded its initial COVID-related rent collection projections by 6.6% in the second quarter of 2020?

Answer: Black Creek Diversified Property Trust had actual Q2 collections that exceeded initial COVID-related projections determined in March which assumed an…

Blackstone Real Estate Income Trust Declares July Distributions

The differences between the July and June distribution rates are not material and may be due to the difference in the number of days…

The Case Against a Fully-Remote Workforce

Despite the overall successful shift to working from home, offices are not a thing of the past, according to a new report from real estate investment management firm…

Hotel Performance in U.S. Recovering Slowly – STR

U.S. hotel performance data for the week ending 25 July showed slightly higher occupancy and room rates from the previous week…

It’s Time to Debunk These Covid-19 Myths

Without a doubt the pandemic has upended commercial real estate. What were once solid tenants and asset classes have been thrown into doubt as social distancing has forced people to…

INDUSTRIAL MARKET SNAPSHOT: THE CRE SECTOR THAT HAS PROVEN RESILIENT

The novel coronavirus pandemic has shocked the world and its effects are showcased across all industries. As COVID-19 cases continue to rise in the United States, various states are…

A Small Sample of Real Estate Properties Damaged in Minneapolis

One of our readers questioned why we posted an article about the damage done by rioters in Minneapolis and Portland. A look at the portfolios of nontraded REITs and DSTs…

Carter Validus Mission Critical REIT II Plans to Internalize Management

On July 29, 2020, Carter Validus Mission Critical REIT II, Inc. announced that the REIT had entered into a definitive agreement to purchase all assets from…

Nuveen Global Cities REIT Declares Distributions

On July 27, 2020, Nuveen Global Cities REIT, Inc. (the “Company”) declared distributions for each class of its common stock in the amount per share set forth…

New York City REIT Announces Listing on NYSE with Delay in Liquidity

New York City REIT, Inc., a nontraded REIT, announced in a filing on July 29, that it intends to list its common shares on the NYSE in August. The REIT also announced plans to…

KBS REIT III Declares July Distributions at Consistent Rate

In an 8-K filing with the SEC, KBS REIT III declared distributions for July at the same $0.04983333 per share rate as each month in 2020. Based upon an adjusted…

Which sponsor of 1031 Exchangeable DST Offerings has met or exceeded projected returns for its 11 full-cycle programs?

Answer: ExchangeRight also boasts that all active offerings are currently meeting or exceeding investor cash flow and…

Despite Unprecedented Environment Black Creek Group Performs in First Half of 2020

DENVER, July 28 – Black Creek Group, a Denver-based real estate investment management firm with a more than 25-year history, today announced its activity highlights as of…

Strategic Wireless Acquires Multi-State Tower Portfolio Throughout the Eastern U.S.

COSTA MESA, Calif.–(BUSINESS WIRE)–Strategic Wireless Infrastructure Funds Management, LLC (“Strategic Wireless”) announced today that through its affiliate…

Which sponsor of alternative investments focuses on assets in digital infrastructure, including cell towers, data centers, fiber optic networks and wireless easements?

Answer: Strategic Capital Fund Management…