AltsTech News
AltsTech News
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…
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…
