AltsTech News
AltsTech News
KBS REIT III Sells 12 Properties for $1.2 Billion to Singapore REIT
On July 18, 2019, KBS Real Estate Investment Trust III, Inc., through 12 wholly owned subsidiaries, sold the “Singapore Portfolio” to various subsidiaries…
Total Size of U.S. Commercial Real Estate Estimated Between $14 and $17 Trillion
Commercial real estate is a fundamental asset class, and investors are often interested in how large the market is. Nareit completed its third annual round…
A Deeper Look at Blackstone, Bluerock Real Estate, and CION Investment Group
In this Performance Series Webinar, Jim Sprow and Luke Schmidt of Blue Vault presented analysis of the performance of five…
Owl Rock Capital Corporation Prices Public Offering
Owl Rock Capital Corporation, Inc. (“ORCC”) today announced that it priced its initial public offering of 10,000,000 shares of common stock at…
Monthly Reported NTR Sales Slow in June, Still Up 112% Over June 2018
Reporting nontraded REITs booked capital raise of $751.4 million in June, down 9.8% from the $832.8 million total for May but up…
Schorsch, AR Capital to pay $60 million to settle SEC charges
Nicholas Schorsch, the former nontraded real estate investment trust czar who in his heyday raised billions of dollars annually from retail investors, and his firm AR Capital agreed…
Prologis to Buy Industrial Property Trust Portfolio from Black Creek Group
Prologis Inc. has agreed to buy real-estate investment trust and warehouse owner Industrial Property Trust in a deal valued…
CNL Healthcare Properties II Shareholders to Vote on Dissolution Plan
CNL Healthcare Properties II Inc. will seek shareholder approval for its plan of complete liquidation and dissolution, as well as…
Black Creek Group’s Industrial Property Trust Platform to be acquired by Prologis for $3.99 Billion
Black Creek Group, a Denver-based real estate investment manager and development firm with a more than 25-year history, today announced…
SmartStop Self Storage REIT Proposes Charter Changes to Align with Publicly Listed Companies
At a stockholders meeting on September 16, 2019, shareholders in SmartStop Self Storage REIT (formerly Strategic Storage Trust II, Inc.) will be asked to approve amendments to the REIT’s …
Green Street Sees Senior Housing Demand Picking Up in the 2020s
Lukas Hartwich, senior analyst at Green Street Advisors, joined Nareit in New York for a video interview…
Demand for Big Box Retail Space Holding Up Well, Green Street Says
Vince Tibone, an analyst on Green Street Advisor’s retail team, joined Nareit in New York for a video interview…
Alternative assets under administration jump 18.8% in 2018 – eVestment
Alternative assets under administration as of Dec. 31 totaled $10 trillion, up 18.8% from the prior year, according to…
Black Creek Industrial REIT IV Completes $115 Million Acquisition
On June 28, 2019, Black Creek Industrial REIT IV, Inc. (“BCIV”), a public non-traded REIT, purchased five industrial buildings for a total purchase price of…
Commercial Real Estate Is Strong … If You Know Where to Look
You assess the lay of the land: buildings all around you are rising from vacant turf. Commercial real estate appears strong, but investing for the future requires…
JLL Income Property Trust Acquires Medical Office Buildings in San Diego
JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) today announced the acquisition of …
Finding Value and Opportunities in the CRE Marketplace
On June 27, 2019, Blue Vault hosted an educational webinar with the focus on finding value and opportunities in the commercial real estate marketplace. The webinar had a panel format…
The Evolution of the Urban Warehouse
Although today New York City is known for its thriving financial services industry, advanced health care, and upscale real estate industries, in the early 1900’s, the city of New York was…
NES Financial Extends Market Leadership with its Opportunity Zone Fund Administration Platform
NES Financial, a Silicon Valley FinTech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced today…
Strategic Storage Trust II Increases NAV
On June 27, 2019, Strategic Storage Trust II, Inc. (“SST II”), a public non-traded REIT, announced that its board of directors had approved an estimated per share net asset value…
