AltsTech News
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…
Hines Global REIT’s Liquidating Trust to Sell London Office Property
On July 24, 2020, Global REIT Cabot Square Holdco S.À R.L. (the “Seller”), a subsidiary of HGR Liquidating Trust, entered into a sale and purchase agreement with…
Bill Leitner: Self Storage – A Good Investment Opportunity
Listen to this clip where Bill Leitner (Leitbox Storage Partners) discusses what makes the self-storage asset class so attractive.
JLL Income Property Trust Reports Investment Performance YTD 2020
In a July 24 letter to shareholders Jones Lang Lasalle Income Property Trust reported detailed performance metrics that explain both the total returns for…
Watermark Lodging Trust, Inc. Completes Strategic Financing Transaction
The following is from a July 24, 2020 Press Release…

