AltsTech News
AltsTech News
Complete List of the Latest NTR, BDC, Interval Fund Individual Pages
View a list of recently published Q1 2020 Nontraded REIT, BDC, and LLC individual pages plus the latest Interval Fund individual pages.
Altigo Debuts Marketplace for RIAs to Digitally Source & Allocate to Alts
Altigo Debuts Marketplace for RIAs to Digitally Source & Allocate to Alts June 25, 2020...
What percentage of capital raise from the nontraded BDC industry came from Owl Rock Capital Corporation II in the first quarter of 2020?
Answer: Capital raise for the nontraded BDC industry totaled approximately $186 million in the first quarter of…
Nontraded REITs Have Downward Trend in Quarterly FFO Y-O-Y for Q1 2020
In a look at changes in funds from operations (“FFO”) for 46 nontraded REITs, comparing the year-over-year quarterly totals for Q1 2019 FFO and Q1 2020 FFO…
Benefit Street Partners Realty Trust Reinstates DRIP, Declares Q2 Distribution
On June 23, 2020, Benefit Street Partners Realty Trust, Inc. (the “Company”) announced that the Company’s Amended and Restated Distribution Reinvestment and Stock Purchase Plan (the “DRIP”)…
REIT Stock Returns Mixed Last Week
Last week was a week of contrasts in the REIT universe. There had been a common pattern recently where most REIT property sectors moved more or less in line with each other…
Strategic Storage Trust IV Opens First Joint Venture Development with SmartCentres in the Greater Toronto Area
TORONTO, ONTARIO – June 23, 2020 – Strategic Storage Trust IV, Inc. (“SST IV”), a public non-traded real estate investment trust sponsored by an affiliate of…
Which three nontraded REITs had the largest increase in FFO (funds from operations) year-over-year from Q1 2019 to Q1 2020?
Answer: Pacific Oak Strategic Opportunity REIT (+ $18.5 million), Black Creek Industrial REIT IV (+ $11.7 million) and…
The Impacts of COVID-19 on Nontraded REIT Rent Collections
Some REITs have published letters to their shareholders in which they report how the pandemic has affected their rent collections.
Black Creek Group’s two nontraded REITs own significant portfolios of industrial assets. How have rent collections for their industrial assets performed in May 2020?
Answer: Black Creek Industrial REIT IV reported 91% of the REIT’s industrial asset rents collected in May…
Strategic Storage Trust IV Acquires 800-Unit Self Storage Facility in Southwest Florida
Punta Gorda – (Jun. 22, 2020) – Strategic Storage Trust IV, Inc., a public non-traded real estate investment trust sponsored by an affiliate of…
SmartStop Self Storage REIT Opens 12th Wholly-Owned SmartStop® Location in the Greater Toronto Area
TORONTO, ONTARIO – June 16, 2020 – SmartStop Self Storage REIT, Inc. (“SmartStop” or FKA Strategic Storage Trust II, Inc.), a self-managed and fully-integrated…
Some Types of Office Tenants are Returning Faster Than Others
An abrupt shift to remote working caused by the pandemic demonstrated that the bulk of office workers can work productively from home (at least during the initial…
Hines Global Income Trust Acquires Airbus Office and Industrial Complex in Madrid
Hines, the international real estate firm, is pleased to announce that Hines Global Income Trust (“Hines Global”) has acquired an office-industrial complex in Madrid through…
TRD Insights: Pandemic has sent over $20B in CMBS debt into special servicing
The number of CMBS loans transferred to special servicers has ballooned during the coronavirus crisis, and has totaled $21 billion in the last 90 days. And most of those troubled loans are…
How Blackstone REITs’ Investments Have Performed During Pandemic
In a June 15, 2 020, filing with the SEC, Blackstone Real Estate Income Trust (the “REIT”) reported an estimated net asset value per share (“NAV”) of $10.5464 for its…
COVID-19 Hits Self-Storage, But Market Is ‘Resilient’
The coronavirus pandemic has depressed rental activity in the $39 billion self-storage space and some tenants could vacate units, Cushman & Wakefield said in a midyear national…
Prologis: Demand for warehouse space will rise alongside e-commerce growth
The shift from brick-and-mortar to e-commerce operations is expected to intensify as a result of the coronavirus pandemic, which will likely cause greater investment in…
When Will Building New Units Make Sense Again? Apartment Developers Remain Uncertain
Some lucky multifamily developers will start work on new apartment projects at the perfect time, as the U.S. begins to recover from the economic crisis caused by…
US hotel performance remains hit by pandemic amid steady rise in demand – STR
U.S. hotel performance for the week ended June 13 showed further signs of improvement compared to recent weeks, but the impact of the coronavirus pandemic continued…
