AltsTech News
AltsTech News
Which two trends already taking place in their businesses were mentioned by virtually all asset managers as having been accelerated by the COVID-19 crisis?
Answer: Two trends that have been accelerated by the COVID-19 crisis that all asset managers discussed: 1) technology to make alts investment processes more…
Phillips Edison & Company Reports First Quarter 2020 Results, Provides Update on COVID-19 Impact, and Updates Estimated Value Per Share to $8.75 from Previous $11.10
CINCINNATI–(BUSINESS WIRE)– Phillips Edison & Company, Inc. (“PECO” or the “Company”), an internally-managed real estate investment trust…
Inland Private Capital Corporation Announces Multiple Executive Promotions
“Each of these executives are dynamic and innovative leaders in their respective departments, and these promotions are well-deserved for the exceptional knowledge and experience they bring to IPC…”
ExchangeRight Announces Performance Update in Response to Recent Market Events
PASADENA, Calif. – ExchangeRight continues to meet its investors’ needs and expectations despite the economic downturn…
April 2020 Nontraded REIT Capital Raise Falls Due to COVID-19
Blue Vault received April sales totals for 13 effective nontraded REIT program offerings as of May 11. Sales reported by those 13 NTRs totaled $92.8 million compared to…
Alts Electronic Business: A Discussion About Today’s Solutions
On Tuesday, May 5th, WealthForge CEO, Bill Robbins, spoke on a panel at Blue Vault’s Bowman Alts Week virtual conference entitled “Alts Electronic…
COVID-19 is Creating a Rush on 1031 Exchange Equity
The coronavirus pandemic has had rippling effects on the economy over the past several months, including sending stocks into a bear market and causing the
Strategic Wireless Acquires South Dakota Telecommunications Assets
COSTA MESA, CA–Strategic Wireless Infrastructure Funds Management, LLC and its affiliate, SWI Funds Tower Holdings, LLC (“Strategic Wireless”) announced the…
Envision Financial Systems Launches Upgraded Portal
Envision Financial Systems, Inc., a leading provider of real-time investor recordkeeping technology, today announced the launch…
JLL Income Property Trust to Hold Earnings Call May 13
JLL Income Property Trust, an institutionally managed, daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), will hold a public earnings call on…
1031 Exchange Buyers: ‘Essential’ for CRE Recovery
Since January’s first reported case of COVID-19 in the U.S., our economy has experienced massive volatility. We’ve seen unemployment numbers surge and millions…
Multifamily Buyers, Sellers Are Ready and Waiting
For the last four years, many multifamily industry pundits prognosticated that the bull run had endured for too long and the end was nigh. Yet, the economy continued to march along…
Highlights from Blue Vault Bowman Alts Week 2020 Day 5
Read hightlights from Day 5 of Blue Vault Bowman Alts Week 2020
REIT Liquidity Should Withstand Short-Term Market Shocks
According to Moody’s, most U.S. rated real estate investment trusts probably have the financial wherewithal to persevere through the economic shocks stemming…
Highlights from Blue Vault Bowman Alts Week 2020: Day 4
The Blue Vault Bowman Alts Week 2020 virtual conference re-convened on Thursday, beginning with a panel discussion moderated by Jay Steigerwald of…
Starwood REIT Announces Lower NAVs Per Share
Starwood Real Estate Income Trust, Inc, a perpetual-life monthly NAV REIT sponsored by private investment firm Starwood Capital Group, announced lower…
CIM Group Launches Interval Fund
“We believe that CIM RACR will benefit from CIM’s combined real assets, credit, and transaction experience, along with our deal-sourcing capabilities, leveraging the extensive expertise across our organization,” said David Thompson, Chief Executive Officer of the Fund.
CRE’s Projected Recovery Has Morphed Into a Swoosh Shape
A month ago CBRE released a sobering report about its projections for the US economy and the commercial real estate industry, declaring that the former will start to see growth in 2021…
CIM Income NAV Declares $0.04 Per Share Distribution for April 2020
From the 8-K filed May 1, 2020:
“Given the impact of the COVID-19 outbreak, the board of directors of CIM Income NAV, Inc. (the “Company”) (the “Board”) has decided to…
Carter Validus Mission Critical REIT II Partially Suspends SRP
From an 8-K filing on May 1, 2020:
Partial Suspension of Share Repurchase Program…

