AltsTech News
AltsTech News
Strategic Storage Trust IV Acquires Newly Constructed, 1,150-Unit Self Storage Facility in Greater San Diego
On January 23, 2020, Strategic Storage Trust IV, Inc., a public non-traded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc., announced its acquisition of…
Twenty-five Years of Challenging the Status Quo: The History of Envision Financial Systems
Envision Financial Systems has represented the quintessential American success story, growing from lunch meetings in a Newport Beach…
Envision Financial Systems celebrates 25 years
Envision Financial Systems, Inc., a leading provider of real-time investor recordkeeping technology, recently celebrated…
United Development Funding Responds to Bass Appeal to Texas Supreme Court
In an article entitled “Appeals Court Rules in Favor of United Development Funding” posted on Blue Vault’s website on August 23, 2019, we stated that…
Where Alts Sponsors Playing in the Retail Space Can Step Up Their Game
The opportunity for alternative investment sponsors couldn’t be clearer. With most institutions (and many high-net-worth…
Black Creek Group’s Investment Platform, Industrial Property Trust, Sells $4 Billion in Real Estate Assets
On January 8, Black Creek Group announced the closing on the sale of Industrial Property Trust, an investment platform owned by the firm, wholly-owned real estate valued at…
ExchangeRight Adds Co-Director of National Accounts to Sales Team
ExchangeRight, a sponsor of securitized 1031-exchangeable real estate investments, has hired Kevin Zwick as co-director of
Pacific Oak Capital Advisors Completes DST Offering of Multifamily Property in the Permian Basin
Pacific Oak Capital Advisors, a national sponsor of value-add alternative investments, including tax-advantaged Delaware statutory trust offerings, announced today that…
Expect Yields on Multifamily Investments to Tighten Further
The combination of strong fundamentals, low interest rates and intense interest from investors should make for another white hot year for…
Which NTR officially completed its previously announced merger on October 31, 2019?
Answer: Phillips Edison Grocery Center REIT III merged into Phillips Edison & Co. on October 31, 2019. The proposed merger was previously announced on…
Top Reasons RIAs Don’t Want to Miss The Blue Vault Bowman Alts Summit 2020
In the continually changing landscape of the alts investment space, knowledge is power. That’s why many top Registered Investment Advisor (RIA) firms will be attending…
Michael Crear Named Chief Financial Officer of Strategic Student & Senior Housing Trust, Inc.
Strategic Student & Senior Housing Trust, Inc., a public, non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC, announced…
SmartStop Asset Management EVP Paula Mathews Guest Panelist at IMN’s Inaugural Student Housing 360 Conference
Paula Mathews, Executive Vice President of SmartStop Asset Management, LLC, will be a featured panelist at the inaugural Student Housing 360 conference in…
SS&C Technologies Inc. to Attend Blue Vault Bowman Alts Summit 2020
Blue Vault is very pleased to have SS&C Technologies Inc. (SS&C) commit to attend its sixth annual “Blue Vault Bowman Alts Summit 2020” (the Summit)
SS&C Technologies Inc. to Attend Blue Vault Bowman Alts Summit 2020
Blue Vault is very pleased to have SS&C Technologies Inc. (SS&C) commit to attend its sixth annual “Blue Vault Bowman Alts Summit 2020” (the Summit) March 10-12 in Atlanta as…
Highlands REIT Announces $0.36 Estimated NAV per Share
At a full meeting of the Board of Directors of Highlands REIT, Inc. held on January 8, 2020, the Audit Committee made a recommendation to the Board that…
MGM Growth Properties and Blackstone REIT Form JV for Las Vegas Acquisitions
MGM Growth Properties LLC and Blackstone Real Estate Income Trust Inc. agreed to form a joint venture for the acquisition of the real estate assets of…
Publicly-Traded REITs Just Posted Their Best Performance in Five Years. It May Not Last.
As measured by their total returns, REITs blew the roof off the market in 2019. Overall, the REIT sector posted a total return of 28.1 percent last year, according to…
CNL Strategic Capital, LLC is a nontraded LLC externally managed by CNL Strategic Capital Management and sub-managed by Levine Leichtman Strategic Capital. On August 1, 2019, CNL Strategic Capital acquired a controlling interest in their third company. What were the terms of this investment?
Answer: CNL Strategic Capital acquired a controlling interest of approximately 81% in Auriemma U.S. Roundtables. CNL made a $44.5 million investment consisting of approximately…
Expect Yields on Multifamily Investments to Tighten Further
The combination of strong fundamentals, low interest rates and intense interest from investors should make for another white hot year for the…
