AltsTech News
AltsTech News
Last-Mile Industrial Investment Opportunities Expanding to Smaller Markets
Investors are expanding their search for last-mile industrial product to secondary and tertiary markets from their previous focus on established locations near large…
Three Steadfast REITs Complete Merger
Irvine, Calif., March 6, 2020 – Steadfast Apartment REIT, Inc. (“STAR”) announced today that it completed its mergers with each of…
Owl Rock Capital Corporation II Annual Update
We are pleased to provide you with the following update on Owl Rock Capital Corporation II (“ORCC II”). On February 25, 2020, ORCC II filed its…
The Coronavirus, Commercial Real Estate and REITs
The coronavirus crisis is rapidly evolving and there is a great deal of uncertainty about the extent and severity. First and foremost, this is a public health issue threatening the…
CNL Healthcare Properties to Conduct Annual Valuation
(ORLANDO, Fla.) March 6, 2020 — CNL Healthcare Properties, a real estate investment trust (REIT) focused on seniors housing and healthcare facilities, plans to prepare an…
Investment Firms and BDCs Report Mixed Q4 2019 Earnings Results
Companies involved in alternative investments via nontraded REITs and BDCs have recorded mixed results in Q4 2019 earnings. The following…
Alternative Investment Industry Leaders AIX and AI Insight Announce Game-Changing Partnership
Alternatives industry’s most trusted research and training provider partners with cutting edge technology platform
Inland Real Estate Income Trust, Inc. Declares NAV Per Share
As previously announced, the Company’s strategic plan centers around owning a portfolio of grocery-anchored properties in strong secondary and tertiary markets with lower exposure to big-box retailers, as well as redevelopment of select centers within the existing portfolio.
Looking at the NAVs and Distribution Yields for Continuously Offered Nontraded REITs
The eleven nontraded REITs that are currently offering common shares on a continuous basis at NAVs that are revised either monthly or daily are reporting..
Steadfast Apartment REIT III Shareholders Approve Merger with Steadfast Apartment REIT
On March 2, 2020, Steadfast Apartment REIT III, Inc. (the “Company”) held a special meeting of its stockholders (the “STAR III Special Meeting”), at which its stockholders were asked to…
Steadfast Income REIT Shareholders Approve Merger with Steadfast Apartment REIT
On March 2, 2020, Steadfast Income REIT, Inc. (the “Company”) held a special meeting of its stockholders (the “SIR Special Meeting”), at which its…
RREEF Property Trust Announces NAVs
RREEF Property Trust, Inc., a continuously offering nontraded REIT, has announced the daily net asset values per share for its Class A, Class I, Class T and…
Real Estate Borrowers Are Keeping Their Distance From SOFR, for Now
In 2017, the Secured Overnight Financing Rate (SOFR) was picked as the preferred successor to the U.S. Dollar London Interbank Offered Rate (LIBOR), the widely used…
FS Energy and Power Fund Decreases Reinvestment Price
Effective February 28, 2020, FS Energy and Power Fund (“FSEP”) decreased the price at which it issues shares under its distribution reinvestment plan from…
Select Capital Corporation Expands Sales Team with the Addition of Dawn Impellizzeri as Senior Vice President
LADERA RANCH, Calif., March 3, 2020 /PRNewswire/ — Select Capital Corporation, the dealer manager for private offerings and public non-traded real estate investment trusts…
HMS Decreases DRIP Price
On February 28, 2020, HMS Income Fund, Inc. (“HMS”) decreased the price at which it issues shares of its common stock under its distribution reinvestment plan from…
Cottonwood Communities Continues to Raise Capital Via Preferred Offering
On November 8, 2019, Cottonwood Communities, Inc. (the “Company”) launched a best-efforts private placement offering exempt from…
Which nontraded REIT was the first to file its 10-K for the 2019 fiscal year?
Answer: InvenTrust Properties Corp. was the first NTR to file their 10-K for the 2019 fiscal year on February 21, 2020. The second NTR to file was…
Fitch Assigns Rating to Owl Rock Capital Corporation II
On February 28, 2020, Fitch Ratings assigned a first-time Long-Term Issuer Default Rating of ‘BBB-‘ to Owl Rock Capital Corporation II (“ORCCII”) with a Rating Outlook of…
Coronavirus Market Rout Hits CRE Pricing
The Coronavirus-inspired stock market turbulence is making it harder to price commercial real estate deals, according to Matt Ruark, head of commercial and…
