AltsTech News
AltsTech News
Griffin Capital Essential Asset REIT, Inc. Temporarily Suspends Primary Offering, SRP and DRP
In connection with a potential strategic transaction, on February 26, 2020, Griffin Capital Essential Asset REIT, Inc.’s (the “Registrant”) board of directors (the “Board”) approved the…
NexPoint Capital Announces Updated NAV
Effective February 26, 2020, the board of directors of NexPoint Capital, Inc. (“NexPoint”) approved an updated net asset value per share and the price at which…
Tasty Brands, LP: 2019 in Review & Looking Ahead
In a recently released shareholders’ newsletter, Tasty Brands, LP shared data from 2019 that supports the Company’s mission to further improve restaurant operations and…
Alternative Investment Exchange (AIX) Launches Enterprise Technology Platform for Alternative Investments
Led by Joseph P. Ujobai, the AIX platform is poised to transform the alternative investment industry with improved transaction processes and performance reporting
How many open NTRs had annual distribution yields of 5.00% or greater as of September 30, 2019?
Answer: 12 NTRs had distribution yields of at least 5.00% as of September 30, 2019. Moody National REIT II, Inc. lead all open NTRs with a distribution yield of 7.01%.
Self Storage Rents Show Signs of Recovery
New completions continued to negatively impact self storage rents in January. Year-over-year, street-rate rents dropped 0.9 percent for the average…
Starwood REIT Acquires 3,336-Unit Affordable Housing Portfolio
Starwood Real Estate Income Trust, a non-traded REIT managed by Starwood Capital Group has acquired a stabilized and affordable housing portfolio with…
Blackstone REIT Sells Approximately $1.2 Billion in Class I Shares to Feeder Vehicle
On or about February 13, 2020, Blackstone Real Estate Income Trust, Inc. sold 103,900,658 Class I shares for an aggregate offering price of…
Hospitality Investors Trust, Inc. Announces Proposed Settlement of Derivative Litigation
Hospitality Investors Trust, Inc. Announces Proposed Settlement of Derivative Litigation February...
SmartStop Self Storage REIT Board Urges Rejection of $7.73 Third-Party Tender Offer
In a February 20 letter to shareholders, The Board of Directors of SmartStop Self Storage REIT, Inc. unanimously recommended that shareholders…
ExchangeRight Fully Subscribes $113.34 Million Net-Leased DST Offering
PASADENA, Calif. – ExchangeRight has fully subscribed its $113.34 million Net-Leased Portfolio 30 DST offering. The nationally diversified portfolio is invested in properties with…
REITs still attractive to investors, but opportunities in the Midwest limited
As client portfolio manager for Des Moines, Iowa-based Principal Global Investors, Todd Kellenberger understands what good investments…
KBS REIT III Board Recommends Rejection of $6.01 per Share Tender Offer
CMG Income Fund II, LLC, CMG Liquidity Fund, LLC and CMG Partners, LLC (collectively, the “Bidder”) made a tender offer to purchase shares of…
AI Insight
AI Insight is the industry’s online go-to resource for alternative investment research, training and compliance support. Join the thousands of advisors…
AI Insight
AI Insight is the industry’s online go-to resource for alternative investment research, training and compliance support. Join the thousands of advisors and financial firms who have increased…
Starwood Real Estate Income Trust Acquires Multifamily Affordable Housing Portfolio in Southeastern United States
MIAMI, Fla., Feb. 19, 2020 /PRNewswire/ — Starwood Real Estate Income Trust (“SREIT”), a non-traded REIT managed by Starwood Capital Group (“Starwood Capital”), announced today…
Pacific Oak Strategic Opportunity REIT II, Inc. to Merge with Pacific Oak Strategic Opportunity REIT, Inc. to Create a $2.6[1] Billion REIT Focused on Opportunistic Real Estate
Pacific Oak Strategic Opportunity REIT, Inc. (“POSOR I”) and Pacific Oak Strategic Opportunity REIT II, Inc. (“POSOR II”) announced today that the companies have entered into…
Trove Executive Coaching
Trove’s purpose is to discover, align and cultivate your organization’s core strengths, while overcoming the obstacles to your success. Trove’s approach is…
How many NTRs reported total assets in excess of $2.0 billion as of September 30, 2019?
Answer: 16 NTRs reported total assets in excess of $2.0 billion as of September 30, 2019, with Blackstone Real Estate Income Trust leading…
Steadfast Apartment REIT Sells Terrace Cove Apartment Homes in Austin, Texas
On February 5, 2020, the Steadfast Apartment REIT sold Terrace Cove Apartment Homes, a 304-unit multifamily property located in Austin, Texas, for…
