AltsTech News
AltsTech News
iCapital Network acquires Wells Fargo alternative investments feeder fund platform
iCapital Network acquires Wells Fargo alternative investments feeder fund platform June 18, 2020 |...
JLL Income Property Trust Fully Subscribes DST Offering with Premier Suburban Atlanta Apartments
Chicago (June 17, 2020) – JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), announced today…
FS KKR Capital Corp. II Lists on New York Stock Exchange
On June 17, 2020, FS KKR Capital Corp. II (“FSKR”) announced that its shares of common stock began trading on the New York Stock Exchange under the ticker symbol…
WealthForge Expands Altigo Sales Team with 2 New Hires
WealthForge Expands Altigo Sales Team with 2 New Hires June 17, 2020 | Ryan Gunn | WealthForge...
Hines Global Income Trust Maintains Distribution and Estimated NAV
In a June 16, 2020, filing with SEC, Hines Global Income Trust, a nontraded REIT with a continuous open public offering, announced that the May 31, 2020, NAV for each…
A Rise in Distressed Hotel Deals Could Hit in Late Summer
The hotel sector is sitting atop a cresting wave of growing loan delinquencies that may soon break and douse the market with distressed investment opportunities. Investors who have been…
Lingering Fears Weighed on REITs, Broader Market Last Week
Stock markets have been in a push-pull battle between positive news of the economy reopening, on one hand, and continuing concerns about containing the coronavirus pandemic…
As of June 12, 2020, only one of the NTRs that have had full-cycle events and listed stocks to track had positive gains in stock price over the prior 12 months. How many of those same 28 NTRs had positive gains in share prices in the 12-month period ending December 6, 2019?
Answer: Over the 12-month period ending December 6, 2019, 21 of the 28 full-cycle NTRs with listed stocks to track had positive gains…
Black Creek Group Sees Continued Demand for Industrial Space in the Inland Empire
DENVER, June 18 — Black Creek Group, a Denver-based real estate investment management firm with a more than 25-year history, today announced a full-building lease with…
Nontraded REIT capital raise totaled approximately $3.64 billion in the fourth quarter of 2019. How does this capital raise total compare to the amount raised in the third quarter of 2019?
Answer: Capital raise for the industry increased from $3.24 billion in the third quarter of 2019 to $3.64 billion in the fourth quarter of 2019, an increase of…
Hospitality Investors Trust Enters Forbearance Agreement
On June 10, 2020, Hospitality Investors Trust, Inc. (the “Company”) and its operating partnership, Hospitality Investors Trust Operating Partnership, L.P. (the “OP”), together with…
Of the 28 listed REITs that track the value of previously nontraded REITs that have had full-cycle events via mergers with listed firms or have listed themselves, which listed REIT is the only one to have had a share price increase from June 12, 2019 to June 12, 2020?
Answer: Prologis, a listed REIT that acquired DCT Industrial Trust, Inc. in 2006 for 1.02 shares of Prologis for each share of DCT Industrial Trust, a nontraded…
COVID-19 Impact Mitigation for 3 Popular Real Estate Investment Types
COVID-19 Impact Mitigation for 3 Popular Real Estate Investment Types April 15, 2020 | Kyle...
Nonlisted Preferred Stock Issued by Listed REITs
In this article we explore the qualities of preferred stock generally, and the nonlisted preferred stock issued by listed REITs specifically. This type of security has…
InPoint Commercial Real Estate Income Plans Resumption of Cash Distributions in July
Ultimately, it is the REIT’s goal to reinstate the continuous public offering of shares of the Company’s common stock, the share repurchase plan, and the distribution reinvestment plan in the near future.
FS Credit Real Estate Income Trust Announces Higher NAVs as of May 31
In a June 10 filing with the SEC FS Credit Real Estate Income Trust, Inc., a nontraded REIT, announced an estimated…
InvenTrust Maintains Dividend Rate, Suspends SRP and DRP
In a June 11 letter to shareholders, nontraded REIT InvenTrust announced that its board of directors, as of now, has elected to maintain the REIT’s current dividend…
The Economy at a Turning Point: REITs and Commercial Real Estate Outlook at Mid-Year 2020
The good news about the outlook for the economy and commercial real estate as of early June is that we are likely at a turning point for consumer spending and business activity. The stay-at-home orders…
The Impact of COVID-19 on Nontraded REIT NAVs and Distributions
Since March 1, 2020, some 20 nontraded REIT programs have announced changes in their net asset values per share (NAVs) amid…
June Update on Carter Validus Mission Critical REIT II, Inc.’s Response to COVID-19
TAMPA, FL – The following is a letter provided by the CEO of Carter Validus Critical REIT II, Inc….
