AltsTech News
AltsTech News
November Nontraded REIT Capital Raise
Blue Vault received November sales totals for 15 effective nontraded REIT program offerings as of December 10. Sales reported by those 17 NTRs totaled $160.7 million for November compared to…
Multifamily REITs Are Once Again in Acquisition Mode
Multifamily REITs have shown more appetite for new acquisitions this year…
Merriman Named CEO of Industrial for Black Creek Group, LLC
Dwight L. Merriman III, currently the Managing Director, Chief Executive Officer and Director of Black Creek Industrial REIT IV Inc. (the “Company”), has been named…
Which alternative investments sponsor’s senior executives and employees have co-invested over $300 million in its sponsored investment programs since its founding in 1995?
Answer: Griffin Capital has owned, managed, sponsored, or co-sponsored investment programs encompassing over $17.5 billion in…
KBS REIT II Shareholders to Vote on Liquidation and Dissolution
The stockholders of KBS Real Estate Investment Trust II, Inc. will vote at the annual meeting to be held on Thursday, March 5, 2020, to approve the complete…
Hunger for yield driving big gains in net lease sector
U.S. net-lease investment in 2019 is on pace to surpass last year’s record level, with an increasing number of domestic and foreign investors attracted to…
JLL Income Property Trust Acquires Phoenix Industrial Distribution Center
JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) today announced the acquisition of…
New York City REIT Presents Q3 2019 Results
New York City REIT, a nontraded REIT advised by AR Global, was formed in 2013 as American Realty Capital New York City REIT. It commenced its public
Healthcare Trust Announces Offering of Series A Cumulative Redeemable Perpetual Preferred Stock
Healthcare Trust, Inc. (“HTI” or the “Company”) today announced the launch of a proposed underwritten public offering of 1,400,000 shares of its Series A Cumulative…
Kimco’s Ross Cooper Discusses the Future of U.S. Shopping Centers
While not bullet-proof to the struggles of the overall retail sector, open-air and neighborhood shopping centers haven’t faced the same immense struggles…
SmartStop Self Storage REIT Provides Q3 2019 Update
On December 5, 2019, SmartStop Self Storage REIT, Inc. (the “Company”) held a webinar for registered representatives and stockholders to review the Company’s financial results…
Priority Income Fund Announces Preferred Capital Securities as Dealer Manager for Offering
Priority Income Fund, Inc. (“Priority”), a non-traded, closed-end management investment company registered under the Investment Company Act of 1940, as amended, announced that…
Which self-managed nontraded REIT recently sold $150 million in convertible preferred stock to a listed REIT in the same industry sector?
Answer: SmartStop Self Storage REIT Inc. entered into a preferred stock purchase agreement with a subsidiary of Extra Space Storage, Inc. (NYSE: EXR) in which EXR committed to purchase up to…
An Influential Fintech Line-Up to Advance New “AltsTech Forum”
Technology is quickly changing the landscape for wealth advisors who use alternative investments. To truly understand what best-in-class technology has to…
An Influential Fintech Line-Up to Advance New “AltsTech Forum”
Technology is quickly changing the landscape for wealth advisors who use alternative investments. To truly understand what best-in-class technology has…
Blue Vault Bowman Alts Summit 2020
Fueled by a strong passion for adding real value, Managing Partner Stacy Chitty and the Blue Vault team ventured out in 2015 to do something different. As the…
KBS REIT II Explains to Shareholders the Decrease in NAV
In a December 3, 2019, letter to shareholders, KBS Real Estate Investment Trust II, Inc.’s board of directors explained the decrease in the estimated value per share…
CIM Real Estate Finance Trust, Inc. Closes First Tranche of Transaction of Single-Tenant Properties with Realty Income
Certain subsidiaries of CIM Real Estate Finance Trust, Inc. (“CMFT” or the “Company”), a publicly registered non-listed real estate investment trust (“REIT”), completed the sale of…
SmartStop Self Storage REIT, Inc. Reports 2019 Third Quarter Results and Highlights
SmartStop Self Storage REIT, Inc. (“SmartStop”) announced continued growth in operations for the three and nine months ended…
Griffin Capital Announces Two 1031 Exchange DST Offerings are Fully Subscribed
Griffin Capital Company, LLC (“Griffin Capital”), an alternative asset manager, announced on November 25 that its two multifamily 1031 Exchange Delaware Statutory Trust (DST) offerings…
