AltsTech News
AltsTech News
Cole Office & Industrial REIT (CCIT III) Changes Distributions, DRIP and SRP Policies
On April 29, 2020, the Board of Directors of Cole Office & Industrial REIT (CCIT III), Inc. announced changes to the Company’s Distribution Reinvestment Plan…
Highlights from Blue Vault Bowman Alts Week 2020: Day 3
The third day of panel discussions and presentations at Blue Vault Bowman Alts Week 2020 brought out interesting perspectives on how the “new normal” will look.
Sierra Income Corporation Terminates Merger Agreements
On May 5, 2020, Sierra Income Corporation (“Sierra”) announced that effective as of May 1, 2020, its…
Cole Office & Industrial REIT II Announces Changes in Distributions, SRP
Cole Office & Industrial REIT II announced a reduction in their distributions per share from an annualized rate of $0.63 per share for regular distributions in 2019 to an…
NTR Sponsor and Listed REIT W. P. Carey Q1 FFO Climbs 26.6% YOY
W. P. Carey Inc. disclosed Nareit funds from operations attributable to the company for the first quarter of $239.7 million, or $1.38 per share, a 26.6% increase on a per-share basis from…
Blackstone Real Estate Income Trust Declares April Distributions
On April 29, 2020, Blackstone Real Estate Income Trust, Inc. (the “Company”) declared distributions for each class of its common stock in the…
COVID-19 Shutdowns Impacted CRE Markets Right Away
The business closures and social distancing designed to slow the spread of COVID-19 did not take affect until the final few weeks of…
Blue Vault Bowman Alts Week 2020 Has Successful Launch
The first-ever “Virtual Summit” sponsored by Blue Vault and Bowman Law kicked off on Monday and proved that perseverance and ingenuity, along with…
Starwood Real Estate Income Trust Reports April Rent Collections Data, Distributions
As of April 27, 2020, Starwood Real Estate Income Trust, Inc. (the “Company”) has collected 95% of rent across all asset classes vs. 97% for the prior month…
Blue Vault Bowman Alts Week 2020: Day 2
The second day of the virtual Summit began with a panel discussion entitled “Alts Electronic Business: A Discussion About Today’s Challenges”
Bluerock Residential Growth REIT (BRG) Provides Update on COVID-19 Impact and Response
Collects 97% of April rent and maintains occupancy
Watermark Lodging Trust Suspends Distributions and Redemptions
In an April 29, 2020, 8-K filing with the SEC, Watermark Lodging Trust, Inc., (the “Company”), the successor to Carey Watermark Investors Inc. and…
Hines Global Income Trust Announces May Distribution Rates
The board of directors of Hines Global Income Trust, Inc. has authorized the Company to declare distributions for the month of May 2020. The Gross Distribution rate…
Envision Financial Systems Expands Sales Force
Envision Financial Systems, Inc., a leading provider of real-time investor recordkeeping and other technology, today announced…
InPoint Commercial Real Estate Income, Inc. Letter to Shareholders
As we all continue to experience the disruptions from the COVID-19 pandemic and the resulting temporary closures of non-essential businesses, we wanted to provide an update…
Blue Vault Bowman Alts Week 2020 Kicks Off on Monday, May 4
When the COVID-19 pandemic forced the cancellation of the Blue Vault Bowman Summit 2020 that was scheduled to take place in Atlanta beginning on March 10…
SmartStop Acquires 6.3% Stake in Jernigan Capital for $27M
SmartStop Self Storage REIT Inc. and its affiliates acquired a 6.3% stake in Jernigan Capital amounting to 1,466,214 common shares for a total of about $27.0 million, according to…
Docupace Secures Growth Equity Investment from FTV Capital
Docupace Secures Growth Equity Investment from FTV Capital Names Veteran Industry Executive David...
How many alts industry professionals are registered for Alts Week as of April 28?
Answer: There are currently 321 attendees registered for Alts Week. Alts Week will be held virtually, May 4-8. All industry professionals are encouraged to attend.
The Future of Alternative Investments Is Here, and Some Sponsors Are Already Reaping the Benefits
Straight Through Processing — the same kind of technology used to process investments into stocks and mutual funds over the internet — is currently available in various forms…
