AltsTech News
AltsTech News
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…
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…
