AltsTech News
AltsTech News
InPoint Commercial Real Estate Income Suspends Public Offering
According to the company’s board, these measures will allow the company to maintain fiscal responsibility and respond accordingly to the financial situation.
Nontraded REIT Liquidity and the Coronavirus
…nontraded REIT managers are contemplating or have already taken action to delay or discontinue distributions.
ExchangeRight Fully Subscribes Recession-Resilient $119 Million Net-Leased DST Offering
PASADENA, Calif. – ExchangeRight has fully subscribed its $119 million Net-Leased Portfolio 31 DST offering. The portfolio is designed to generate stable income and…
JLL Income Property Trust Declares 33rd Consecutive Quarterly Dividend
CHICAGO, March 19, 2020 /PRNewswire/ — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), announced that on…
Market Update: Coronavirus Impact on Real Estate
Stock market correction spurs portfolio recalibration. As the new coronavirus (COVID-19) broke free from China, the prospects of increased economic risks drove Wall Street into a flight…
Rodin Global Property Trust files for $1.25B best-efforts offering
Rodin Global Property Trust Inc. filed for a best-efforts offering of up to $1.25 billion of its common stock, consisting of up to $1 billion of shares in…
CION Investment Corporation Suspends Distributions
On March 19, 2020, CION Investment Corporation (“CION”) determined to change the timing of declaring distributions to shareholders…
US hotels post historic declines in COVID-19 swoon, STR data shows
The U.S. hotel industry continued its plunge as a result of the COVID-19 pandemic, with occupancy down 56.4% year over year to 30.3% in the week ended…
How many nontraded REIT full-cycle events are included in Blue Vault’s recently released full-cycle study?
Answer: There are a total of 66 full-cycle events covered in the recently released full-cycle study. Blue Vault released the sixth edition of its Nontraded REIT Full-Cycle Performance Study in March 2020.
FS Energy and Power Fund Suspends Share Repurchase Program
On March 23, 2020, FS Energy and Power Fund (“FSEP”) announced the indefinite suspension of its share repurchase program. This decision comes as a result of the recent…
ADISA Joins Coalition in Letter to Secretary of the Treasurer in Request to Delay Like-Kind Exchange Deadlines
In response to the COVID-19 crisis currently sweeping the nation, real estate associations, including ADISA, are asking that the Treasury Department and Internal Revenue Service take…
iCapital Network® Completes $146 million Capital Raise to Build Global Powerhouse for Alternative Investing
iCapital Network®, the financial technology platform leading the industry in driving access and efficiency in alternative…
iCapital Network® Completes $146 million Capital Raise to Build Global Powerhouse for Alternative Investing
NEW YORK, NY – (BUSINESS WIRE) – iCapital Network1, the financial technology platform leading the industry in driving access and efficiency in alternative investing, today announced…
CNL Healthcare Properties II Announces Final Liquidation
The following is a letter to shareholders of CNL Healthcare Properties II that announces the final liquidating distribution of $9.32 per share…
Procaccianti Hotel REIT Letter to Shareholders Concerning COVID-19
Dear Stockholders of Procaccianti Hotel REIT, Inc.:
Procaccianti Hotel REIT, Inc. (referred to herein as “we,” “us”, “our” and the “Company”) is taking the ongoing coronavirus (“COVID-19”) pandemic extremely seriously and…
Will COVID-19 Trigger “Force Majeure” Clause in Real Estate Contracts?
We are all witnessing one of the most dramatic changes to the world’s economy in modern history. The COVID-19 virus has brought life for many to…
Strategic Storage Growth Trust II, Inc. Acquires 970-Unit Self Storage Facility Near Miami
MIAMI (March 24, 2020) – Strategic Storage Growth Trust II, Inc. (“SSGT II”), a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc., announced…
Nuveen Global Cities REIT Declares Distributions
On March 20, 2020, Nuveen Global Cities REIT, Inc. (the “Company”) declared distributions for each class of its common stock in the amount per share set forth…
Rising construction costs impact capital markets
Denver is in the midst of strong development in nearly all commercial real estate asset types. In conjunction with high development demand comes increased…
Supermarkets Are Packed. How Will REITs That Own Grocery-Anchored Centers Perform in the Long-Term?
As Americans flock to grocery stores during the coronavirus crisis to stock up on essentials, foot traffic at grocery stores has soared. Placer.ai, a platform that tracks retail activity, found…
