AltsTech News
AltsTech News
COVID-19 Impact on Self Storage Rents Eases
Although the coronavirus outbreak continued to put pressure on the self storage industry, rents did not fall as drastically in June compared to previous months. On a year-over-year basis, street rates…
Prologis CEO foresees more retail-to-industrial conversions, but no ‘surge’
Expect to see some conversions of moribund or vacant commercial space into industrial warehouses for distribution, but not a “surge,” Prologis Inc.’s leadership said…
Banks Eye Ditching Real Estate With Workers Wanting to Stay Home
U.S. bankers are planning to cut back on real estate to prepare for a world in which fewer workers make a daily commute to…
Pacific Oak Residential Trust Acquires Portfolio of 196 Single-Family Rental Homes in Illinois
CHICAGO (July 22, 2020)— Pacific Oak Residential Trust, Inc., a wholly owned subsidiary of Pacific Oak Strategic Opportunity REIT, Inc., announced the acquisition of…
Which nontraded REIT sponsor became the leader in total capital raise by sponsors of nontraded REITs in May 2020?
Answer: Blackstone Real Estate Income Trust surpassed AR Global (formerly American Realty Capital) in total capital raised for nontraded…
Pacific Oak Strategic Opportunity REIT II Sets Date for Merger Vote
Pacific Oak Strategic Opportunity REIT II Inc. (SOR II) will hold a special shareholder meeting on October 1 to, among other things, vote on its planned merger with…
Griffin Capital Essential Asset REIT Updates NAV, Reinstates Distribution Reinvestment Plan
On July 16, 2020, Griffin Capital Essential Asset REIT, Inc. (“GCEAR”) announced an updated NAV per share of $8.86 as of June 30, 2020, a decrease from…
What Investment Manager Focuses on Digital Infrastructure Assets?
Answer: Strategic Capital Fund Management has two highly experienced investment teams to take advantage of opportunities in data center real estate and…
Strategic Storage Trust IV Enters Four JV Projects with SmartCentres REIT in Greater Toronto
Pursuant to a joint venture arrangement with SmartCentres Real Estate Investment Trust (“SmartCentres REIT”), subsidiaries of Strategic Storage Trust IV, Inc….
Americans Prefer Quick Service Chains to Full Service Restaurants Amid Pandemic
Quick service restaurant chains in the US are seeing less of a decline in customers than their full-service counterparts, likely due to features that make it easier to carry out…
CION Investment Corporation to Resume Distributions
On July 15, 2020, the board of directors of CION Investment Corporation (“CION”) determined to resume the payment of distributions to shareholders…
Black Creek’s Nontraded REITs Perform in First Half of 2020
Despite the challenges presented by COVID-19 in the commercial real estate market, the two nontraded REITs advised by Black Creek Group have performed…
InvenTrust Announces Suspension of Share Redemptions and Distribution Reinvestments
In a letter to stockholders dated July 15, 2020, InvenTrust Properties announced the suspension of the Company’s SRP and DRP effective…
Black Creek Industrial REIT IV Announces Q2 2020 Results
The following is from a letter to shareholders in Black Creek Industrial REIT IV dated July 15, 2020…
Hines Global REIT’s Liquidating Trust Declares $1.00 Special Distribution, Revised NAV
Hines Global REIT Inc., which recently completed its liquidation by transferring its entire assets and liabilities to the newly created HGR Liquidating Trust, said…
Phillips Edison & Co. Provides Operational and Rent Updates
Phillips Edison & Co. Inc. said it is executing on its conservative capital allocation strategy, including repaying its revolving credit facility to a zero balance, and will…
Which asset class among commercial real estate investments features touchless interactions with tenants, low daily traffic counts, rent collections that have been relatively unaffected by COVID-19, and low costs to refurbish units when tenants change?
Answer: Self-storage assets such as those developed and managed by SmartStop Self Storage REIT and Leitbox Portfolio Partners Self Storage Fund…
Kirk Montgomery: Reg BI Explained
In this clip, Kirk Montgomery (Partner, Practus, LLP) and Stacy Chitty (Managing Partner, Blue Vault) cover the basics of Reg BI.
Kirk Montgomery: Reg BI and Alternative Investments
In this clip, Kirk Montgomery (Partner, Practus, LLP) and Stacy Chitty (Managing Partner, Blue Vault) discuss Reg BI and alternative investments as a useful component of an overall portfolio.
Stacy Chitty: Why Alternative Investments?
In this clip, Stacy Chitty (Managing Partner, Blue Vault) answers the question, “Why alternative investments?” on Inside the V(ALT).

