AltsTech News
AltsTech News
Benefit Street Partners Realty Trust Enters Stock Purchase Agreement
Benefit Street Partners Realty Trust, Inc. entered into a stock purchase agreement with an institutional investor on November 20…
Owl Rock Capital Corporation II Sells $300 Million in 4.625% Notes
On November 21, 2019, Owl Rock Capital Corporation II, a nontraded BDC, sold $300 million in 4.625% Notes due 2024 to several initial purchasers…
Developers Tap Non-Bank Sources to Finance Spec Office Projects
Developers looking to push forward with speculative office projects at this stage of the cycle are finding that they may have to work harder to find capital…
Griffin Capital Essential Asset REIT Sells Office Building for $63.5 Million
Griffin Capital Essential Asset REIT, Inc. recently sold a 151,289 square foot, Class “A”, three-story office building located at 2160 Grand Avenue, El Segundo, California for…
CNL Strategic Capital Closes on Investment in Fourth Portfolio Company
CNL Strategic Capital, LLC has closed on an approximately $10 million investment in Milton Industries (Milton), a leading provider of highly-engineered…
Grocery-Anchored Shopping Centers Remain the Safest Retail Bet
Grocery-anchored shopping centers remain a sweet spot for investors shopping for retail properties in an extremely volatile environment, and one in which overall retail transaction volume is…
New Uses for Old Malls
Many malls across the country are struggling, but there are possible fixes in some situations. A solution used to revitalize the…
Renovating Four REIT-owned Landmarks
Unlike some fine wines, everything does not improve with age. Real estate owners and asset managers understand that buildings, no matter the sector, need occasional remodeling…
ADISA Executive Director John Harrison to Present at IMN’s Non-Listed Alternative Investment Products Symposium
ADISA, the nation’s largest trade association for the alternative and direct investment space, announced today…
Q3 2019 Limited Operations NTR Pages Now Available
To see the latest Effective Nontraded REITs with Limited Operating Results page…
Strategic Storage Growth Trust II, Inc. Acquires 660-Unit Self Storage Facility in Seattle Suburb
Strategic Storage Growth Trust II, Inc. (“SSGT II”), a private real estate investment trust sponsored by an indirect subsidiary of SmartStop Self Storage REIT, Inc., announced today…
Where Are the Moats? (Revisited)
In our November 13 Blue Vault article entitled “Where Are the Moats?” we pointed out that two of the biggest multi-billion dollar start-ups were vulnerable to competition,…
Which Emerging nontraded REIT owns three hotels with a combined total of 346 rooms and is raising capital in a public offering and is paying distributions at the rate of 6.00% annualized?
Answer: Procaccianti Hotel REIT, Inc. began an offering in August 2018. The REITs weighted average return on assets for the 12 months ended…
Driving Powerful Change to Alts Investments through Technology
Technology is quickly advancing the landscape for investment advisors using Alts. To help educate advisors on the latest in this space, Blue Vault hosted…
Driving Powerful Change to Alts Investments through Technology
Technology is quickly advancing the landscape for investment advisors using Alts. To help educate advisors on the latest in this space, Blue Vault hosted…
Why commercial real estate belongs in client portfolios
At a time when many investors and investment professionals struggle to find attractive returns in a world of tissue-thin and even negative interest rates — and while wondering about the continuation of…
Blackstone’s REIT Purchases Bellagio from MGM Resorts for $4.25 Billion
The Blackstone Group Inc.’s Blackstone Real Estate Income Trust Inc. completed the $4.25 billion acquisition of the real estate assets of the Bellagio in…
Consumers Are Bullish. CEOs Remain Bearish. Could That Tension Sink the Economy?
Last month, as Costco chief financial officer Richard Galanti discussed the retailer’s strong earnings, a telling moment happened…
Phoenix American Financial Services Announces New Client Partnership with RealBlocks
Phoenix American Financial Services, Inc. (“the Company”) is pleased to announce its new client partnership with RealBlocks. The Company will support RealBlocks with…
What Happens When Demographic Trends Betray Investors
One of the most reliable and useful classes of statistics when it comes to making forecasts of market demand is demographic data. For example, to forecast the demand for household formations in five years, we can use…
