AltsTech News
AltsTech News
Non-Traded REITs Have Gotten a Bad Rap for Lack of Transparency. Can They Be Trusted?
Nick Schorsch once reigned as the king of public non-traded REITs. But his empire started to unravel in 2014 after an accounting scandal…
Blackstone’s warehouse play challenges Prologis’ claim to the throne
Long before windowless warehouses became a sexier investment than luxury condos, Prologis was king…
Strategic Storage Trust IV Obtains $40.5 Million in Fixed-Rate Financing
On January 31, 2020, Strategic Storage Trust IV, Inc. through seven wholly-owned special purposes entities, entered into a $40.5 million CMBS financing with…
Blackstone Real Estate Income Trust Declares January Distributions
On January 30, 2020, Blackstone Real Estate Income Trust, Inc. declared distributions for each class of its common stock in the amount per share…
Blue Vault Publishes Third Edition Nontraded REIT Fee Study
Blue Vault Partners has published the Third Edition Nontraded REIT Fee Study, a thorough report on all of the fees associated with nontraded REIT offerings
Board of Pacific Oak Strategic Opportunity REIT Recommends Rejection of Tender Offer
Comrit Investments 1, LP, has made a third-party tender offer for shares of Pacific Oak Strategic Opportunity REIT, Inc., a nontraded REIT formerly known as…
How Griffin Capital Set a Company Record for Fundraising
If 2019 stood out in any area, it was in capital raising. Asset managers ranging from Blackstone to Harrison Street hit new fundraising peaks with…
Strategic Storage Trust IV Files $1.0 Billion Offering
In an SEC filing on February 4, Strategic Storage Trust IV, Inc. is offering up to $1.0 billion in shares of common stock in a primary offering, consisting of three classes…
DTCC: The Depository Trust & Clearing Corporation
The Depository Trust Company (DTC) was created in 1973 in response to Wall Street’s “paperwork crisis” brought on by a sharp increase in…
DTCC: The Depository Trust & Clearing Corporation
The Depository Trust Company (DTC) was created in 1973 in response to Wall Street’s “paperwork crisis” brought on by a sharp…
AIX: Alternative Investment Exchange
AIX is a digital platform built to improve the process of investing in alternatives and enable growth for the broader industry. AIX was built by…
AIX: Alternative Investment Exchange
AIX is a digital platform built to improve the process of investing in alternatives and enable growth for the broader industry. AIX was built by…
Another Banner Year Ahead for Industrial Market
The industrial sector closed 2019 in a strong position, paving the way for another robust year in 2020, according to leading logistics real estate provider…
Multifamily Faces a Packed Development Pipeline
Apartment developers have not been shy about bringing new product to market in recent years. And early indications are that 2020 will be…
JLL Income Property Trust Acquires Grocery-Anchored Neighborhood Shopping Center in Suburban Boston
Chicago (January 30, 2020) – JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) today announced the acquisition of…
Pacific Oak Grows Assets Under Management to $3.2 Billion During 2019, Expands Executive Team
LOS ANGELES, Jan. 27, 2020 /PRNewswire/ — Pacific Oak Capital Advisors LLC, a sponsor of commercial real estate-focused alternative investments programs, announced today…
Blackstone execs tout perpetual platforms, hint at ‘category killer’ in 2020
The Blackstone Group Inc. hopes to raise nearly $100 billion in capital in 2020, driven in part by growth in perpetual capital platforms including…
CIM Group Announces CCIT II Property Acquisitions of More than $132 Million
CIM Group announced on January 22, 2020, that CCIT II, a publicly registered non-listed real estate investment trust (“REIT”) sponsored by affiliates of CIM Group…
KBS Trades 1.2M SF Florham Park Office Complex for $311M
FLORHAM PARK, NJ—KBS of Newport Beach, CA has sold its six-building, 1.19-million-square-foot Park Avenue at Morris County office complex here…
Hines Global Income Trust Sells Property for $80.1 Million
A wholly-owned subsidiary of Hines Global Income Trust (“the Company”) sold the Domain Apartments…
