AltsTech News
AltsTech News
Fiscal Package Brings Aid to Workers And Businesses Impacted by COVID-19
Global health crisis causes shock to labor market. Social-distancing measures and the closure of many businesses to stem the spread of COVID-19 have forced companies to temporarily lay off…
The Parking REIT Announces Increased Expenses in 2019, Suspension of Preferred Distributions
In the following letter to shareholders, Michael V. Shustek, Chairman and CEO of the Parking REIT nontraded REIT, described results for 2019. Notably, 2019 revenues of $22.8 million, an increase…
Independent Living Faces Covid-19 Vulnerabilities As Less Needs-Based Product
Compared to assisted living and memory care, independent living and active adult communities can be harder to secure during the coronavirus pandemic. The better health, mobility and independent…
CSM sells 59-building portfolio
Minneapolis-based CSM Corp. has closed on a commercial real estate sale that might be the largest ever in the Twin Cities…
CMBS Delinquencies Predicted to Reach Near “Great Recession Peak”
The mortgage-backed securities sector has been rocked by the economic fallouts from measures to contain the novel coronavirus, and while the delinquency rate for loans in CMBS has been…
Matthew Hendy Joins InvenTrust as Senior Vice President of Operations
Matthew Hendy Joins InvenTrust as Senior Vice President of Operations April 13, 2o2o DOWNERS...
Carey Watermark Investors 1 and 2 Stockholders Approve Merger
Carey Watermark Investors 1 Incorporated (CWI® 1) and Carey Watermark Investors 2 Incorporated (CWI® 2) announced on April 9 that the stockholders of each company approved…
A Look at Who Didn’t Pay Their Rent This Month
In its debut rent tracker report, the National Multifamily Housing Council reported that 69% of households had paid their rent, either partially or in full, by April 5, compared to…
CRE’s Potential Winners and Losers in a Virus-Hit World
It may not be fair, but even pandemics tend to benefit some people and segments of society while devastating others. The Black Death, for example, led to higher wages for…
Virus Response Shutters 55% of U.S. Retail Space
The coronavirus response has snared American retailers in an unprecedented crisis, with more than three-fifths of the nation’s stores now sitting dark amid mandatory business closures…
LTC’s Simpson: COVID-19 Could Drive Private Equity Investors Away from Skilled Nursing
Private equity dollars have driven the conversation in skilled nursing over the last few years, as the publicly traded real estate investment trusts (REITs) looked to cut their…
SEC Adopts Reforms for BDCs and Closed-End Funds
On April 8, 2020, the SEC voted to adopt rule amendments to implement certain provisions relating to business development companies (“BDCs”) and other closed-end funds. The new rules…
5 New Sponsors Choose Altigo to Automate Investments Into Their Alternative Offerings
Altigo, a straight through processing platform from WealthForge, allows advisors and brokers to digitally subscribe clients to alternative investments. WealthForge is now adding offerings…
Marcus & Millichap Report: Needs-Based Retailers Announce Surge in Hiring Plans
Key Takeaways:
• Despite record layoffs and unemployment claims, some retailers have announced efforts to hire thousands of…
Data Centers Present Rare Bright Spot For Tumbling REIT Stocks
For REIT investors—like most American businesses—the last 2 months have been bleak…
Highlands REIT Board Recommends Rejection of MacKenzie Realty $0.05 Mini-Tender
In a letter to shareholders on April 8, 2020, the Board of Directors of Highlands REIT unanimously recommended that shareholders reject the unsolicited offer by MacKenzie Realty Capital, Inc….
74% of CFOs Plan to Permanently Shift Some of Their Workforce to Remote Positions
CFOs are already thinking beyond the end of the coronavirus and have plans to shift at least some of their onsite workforce to remote positions, according to a survey of CFOs and finance leaders…
Hotel Occupancies Have Cratered. What Happens Next?
The good news for the hospitality sector is that occupancy rates likely won’t fall in the coming weeks. But that’s only because occupancies have already dropped…
ExchangeRight Welcomes Bill Cerelli to Sales Team
PASADENA, Calif. – ExchangeRight has announced the appointment of Bill Cerelli as senior vice president in the Eastern region. As a 21-year veteran of the financial industry, Cerelli will…
Blue Vault Office Closed Friday, April 10, 2020
In observance of Good Friday, Blue Vault offices will be closed on April 10. We will resume normal office hours on Monday, April 13. May you and your family have a blessed, healthy Easter holiday.

