AltsTech News
AltsTech News
CNL Healthcare Properties Letter to Shareholders Regarding COVID-19 Impacts
CNL Healthcare Properties Letter to Shareholders Regarding COVID-19 Impacts April 27, 2020 Dear...
ExchangeRight Fully Subscribes $119 Million Net-Leased DST Offering in Two Months
PASADENA, Calif. – ExchangeRight has fully subscribed its $119 million Net-Leased Portfolio 32 DST offering only two months after its February launch, marking the…
Nuveen Global Cities REIT Letter to Shareholders
To Nuveen Global Cities REIT Stockholders:
We would like to update you on Nuveen Global Cities REIT, Inc…
Seven REIT Sectors That Could Be Positioned to Weather the Storm
Since the coronavirus pandemic slammed the U.S. economy, the stocks of publicly-traded retail and hotel REITs have been…
Blackstone Funds Take a Hit in the Wake of the Coronavirus Outbreak
The Blackstone Group Inc.’s funds have taken a hit in the first quarter of 2020 as industries and businesses across the board battle with the…
Starwood’s Sternlicht Predicts Tough Road Back for Retail, Hotels
The coronavirus pandemic will force shopping mall owners to spend large amounts of money replacing insolvent tenants, while hoteliers hosting group events may…
Blackstone REIT Announces Lower NAVs for Month Ended March 31, 2020
In a Supplement to the Offering Prospectus filed on April 21, 2020, Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced a lower NAV (down 8.6%) per share…
This Time the Distress Buying Opportunities Will Be Different
When Gregory Freedman, co-founder of real estate investment firm BH3, put together its distressed debt fund in late 2018, the world looked a lot different. The firm was expecting the…
Pandemic Is A Worsening Threat To The Rental Housing Market
Uncertainties caused by the coronavirus pandemic have caused widespread disruption to the rental market, and the situation looks likely to get worse…
The Office Market After COVID: Will It Be a Zero-Sum Game?
With so many employees working remotely right now, will the demand for office space bounce back once the U.S. fully opens for business again? Given the magnetic forces at work that are both…
How Will Net Lease Retail Assets Fare During and Post-COVID-19?
The net lease retail sector boasts a reputation for being a solid investment with high-credit tenants and low default rates. Similar to bonds, during normal times, net lease properties offer…
Hines Global Income Trust Completes Sale of Bishop’s Square
Hines, the international real estate firm, announced today the sale of Bishop’s Square by Hines Global Income Trust, Inc. (“Hines Global”). The Class A office building…
The Unintended Consequences and Risks of Forbearance
To stop the spread of Covid-19, communities are coming together, staying home, washing hands and social distancing to protect the most vulnerable. A similar level of cooperation is…
Impacts of Pandemic on Nontraded REIT Distributions and Redemptions
Thus far in 2020, six nontraded REIT offerings have been suspended or announced suspensions.
The nontraded BDC industry raised approximately $582 million in gross offering proceeds in 2019. What percentage of these offering proceeds came from Owl Rock Capital Corporation II?
Answer: Owl Rock Capital Corporation II raised approximately $534.5 million in 2019, representing approximately 91.8% of the total industry capital raise…
ExchangeRight Welcomes Leo Peters to Sales Team
PASADENA, Calif. – ExchangeRight has announced the appointment of Leo Peters as senior vice president of the Central/Western region. As a 25-year veteran of the financial…
Strategic Wireless Secures up to $75,000,000 Credit Facility with Texas Capital Bank
COSTA MESA, Calif.–(BUSINESS WIRE)–Strategic Wireless Infrastructure Funds Management, LLC (“Strategic Wireless” or the “Company”) today announced it has…
Steadfast Apartment REIT Approves New Estimated Value Per Share of $15.23 Per Share
IRVINE, Calif., Apr. 20, 2020 – Steadfast Apartment REIT, Inc. (STAR) announced today the determination of an estimated value per share of the company’s common stock of…
Fitch Revises BDC Sector Outlook to Negative, Maintains Stable Outlooks for Owl Rock BDCs
Fitch Ratings reviewed nine business development companies and affirmed its sector outlook for BDCs at negative, warning that COVID-19 outbreak will likely cause…
Hines Global REIT Board Urges Rejection of MacKenzie Tender Offer
Hines Global REIT Board Urges Rejection of MacKenzie Tender Offer April 17, 2020 In a letter to...

