AltsTech News
AltsTech News
Survey Finds May Was Better Than April For Commercial Real Estate Developers
Compared to April, commercial real estate developers in May saw lesser impacts from the COVID-19 pandemic, although the improvements are slight and developers have come to believe…
Opportunity Zone Funds Work to Regain Momentum
COVID-19 has created a new headwind for developers and sponsors raising capital for opportunity zone (OZ) investments…
Oaktree Real Estate Income Trust Reports May Rent and Interest Income Collections
In a June 5, 2020, filing with the SEC, Oaktree Real Estate Income Trust, Inc., a nontraded REIT, reported the following information about…
May 2020 Nontraded REIT Capital Suppressed, Nontraded Preferred Issuances Increase
Blue Vault received May sales totals for 10 effective nontraded REIT program offerings as of June 9. Sales reported by those 10 NTRs totaled $58.4 million compared to…
Riskalyze Announces “Fearless Week 2020”
Fearless Week 2020 will be held August 11th – 14th, 2020 and feature approximately six hours of daily content including “main stage/all audience” blocks and…
ExchangeRight Fully Subscribes All Cash Offering Designed for Recession Resilience
On June 9, 2020, ExchangeRight announced that it has fully subscribed its $33.64 million Net-Leased Portfolio 33 DST offering, an all equity offering. The portfolio opened…
CRE’s Cautious Road to Recovery
At NAREIT’s REITWeek Virtual Investor Conference, a tale of two asset types emerged: those centered in essential sectors of the economy and those servicing non-essential…
Hartman Short Term Income Properties XX Announces $11.26 NAV
On May 14, 2020, the board of directors of Hartman Short Term Income Properties XX, Inc. (the “Company”) determined an estimated net asset value (“NAV”) per share of…
Trump Administration Mulls Extending the Opportunity Zone Program. Observers Fill in the Blanks.
In late May, NPR reported that the Trump Administration was looking at an extension for The Opportunity Zone program in…
FS Credit Real Estate Income Trust, Inc. Postpones Annual Meeting, May Use Virtual Format
FS Credit Real Estate Income Trust, Inc (FS Credit REIT) announced on June 5 that the 2020 Annual Meeting of Stockholders (the Annual Meeting) has been postponed from…
Takeaways from Nareit’s REITWeek 2020
In a year marked by countless canceled commercial real estate industry events, this week Nareit conducted its annual REITweek Investor Conference—normally a multi-day event held in…
Carter Validus Mission Critical REIT II Board Recommends Rejection of $6.01 Tender Offer
In a letter to shareholders the board of directors of Carter Validus Mission Critical REIT II, Inc., a nontraded REIT, recommended rejection of the third-party tender offer by…
Student Housing Owners Look Forward to the Fall Semester
When the new academic year begins in later this summer, with a few exceptions, most of the 482,000 students at the 23 campuses that comprise the California State University (CSU) system will be…
Restaurants Face a Challenge If They Reopen with Limited Dining Capacity. What Can Landlords Do to Help?
The U.S. restaurant sector has sustained one of the heaviest blows during the COVID-19 pandemic as national quarantines forced the closures of restaurant dining rooms…
Office Towers Are Still Going Up, but Who Will Fill Them?
Before the pandemic shut down businesses, a robust economy had powered a building boom, sending office towers skyward in urban areas across the United States. The coronavirus outbreak…
Blue Vault Publishes Lists of NTR and BDC Offering Updates
Blue Vault is monitoring the rapidly changing landscape of nontraded REIT and BDC offerings.
Riskalyze Postpones Fearless Investing Summit 2020
In light of the COVID-19 pandemic and its resulting disruption, Riskalyze today announced the postponement of its annual Fearless Investing Summit,…
Department of Labor Opens Door to Private Equity Investment in 401(K) Plans
This week the US Department of Labor released an information letter that opens the door for employee defined-contribution retirement…
Griffin-American Healthcare REIT III Suspends Distributions, Defers 50% of Asset Management Fees
In a June 4, 2020, letter to stockholders, Griffin-American Healthcare REIT III announced that it would be suspending…
