AltsTech News
AltsTech News
Suits and Ties Now Optional, Goldman Sachs Hedges Dress Code
CEO David Solomon sent the memo describing a “firm wide flexible dress code” to the bank’s 36,000 employees.
Griffin Institutional Access® Real Estate Fund Surpasses $3 Billion in Assets Under Management
Griffin Capital Company, LLC (“Griffin Capital”), a leading private investment firm, today announced Griffin Institutional Access Real Estate Fund (the “Fund”) surpassed $3 billion in assets under management, less than five years since…
Blue Vault Bowman 2019 Broker Dealer Educational Summit in Orlando March 11 – March 14
The 2019 Blue Vault Bowman 5thAnnual Broker Dealer Educational Summit will be held March 11 thru March 14, 2019, at the Rosen Shingle Creek Resort in Orlando, Florida. The Bowman Law Firm teams with Blue Vault this year to…
American Realty Capital Healthcare Trust III to Pay Final Liquidating Distribution
On March 5, 2019, the board of directors of American Realty Capital Healthcare Trust III, Inc. (the “Company”) authorized a final liquidating distribution of $2.29 per share of the Company’s common stock to the stockholders of record as …
Recent Secondary Auction Trading of Nontraded REIT Shares
Central Trade & Transfer is an auction site that conducts regular auctions for illiquid shares of all public nontraded REITS and publicly registered limited…
Hospitality Investors Trust Suspends Share Repurchase Program
On February 28, 2019, Hospitality Investors Trust, Inc. announced that its Board of Directors had suspended the Company’s Share Repurchase Program (the “SRP”). The suspension became effective immediately…
NexPoint Affiliate Demands Medley Capital Corporation Records Regarding Proposed Merger
On February 28, Highland Select Equity Master Fund LP, an affiliate of NexPoint Advisors LP, accused Medley Capital Corp.’s board
Rent Controls in Oregon Won’t Lead to More Affordable Housing
Economics is one social science that provides millions upon millions of data points daily to test its theories. Most introductory
CRE Demand Maintains Its Steady Path
A NAREIT report shows that markets have kept their momentum through 2018 and into 2019.
An Interesting Uptick in Highlands REIT’s Recent CTT Auctions Results
Blue Vault recently reported some selected auction results for five nontraded REITs whose common shares are auctioned in the third-party auction site Central Trade & Transfer (www.cttauctions.com). In…
Inland Residential Properties Trust Recommends Rejection of $11.39 Tender Offer
On December 18, 2018, stockholders approved a liquidity event providing for the sale of all assets of Inland Residential and the distribution of the net proceeds to stockholders.
Clearing Up Confusion with Opportunity Zone Investments
The opportunity zone legislation was introduced in October as part of a hastened process to pass the 2017 Tax Cuts and Jobs Act in December…
KBS REIT II Advises Against Accepting $3.21 Per Share CMG Partners Offer
KBS REIT II, Inc., a nontraded REIT advised by KBS Capital Advisors LLC, has recommended to shareholders that they reject a third-party tender offer from…
Scales Tip Towards Large Private Equity Firms as CRE Fundraising Slows
Private equity real estate funds find it more challenging to place their capital as the CRE market has moved closer to “fair value.”…
Black Creek Group Considers Strategic Alternatives for Industrial Property Trust
Black Creek Group LLC is considering strategic alternatives for Industrial Property Trust, including a recapitalization or a…
Carey Watermark Board Urges Rejection of Everest REIT Tender Offer
The board of Carey Watermark Investors Inc. is urging stockholders to reject a $7.50-per-share cash tender offer that Everest REIT Investors I LLC has recently…
How to Invest in Real Estate Without Buying Property
For many investors, stocks and bonds don’t offer the diversity they prefer in their portfolios. Everyone’s priorities and risk tolerance are different, but if…
Phillips Edison & Company’s Total Stockholder Distributions Surpass $1 Billion
Phillips Edison & Company, Inc. (“PECO” or the “Company”), an internally-managed real estate investment trust (“REIT”) and one of the nation’s largest owners and operators of grocery-anchored shopping centers, together with recently…
Griffin Capital Essential Asset REIT Reinstates Distribution Reinvestment Plan
On December 12, 2018, the Griffin Capital Essential Asset REIT (“GCEAR”) board of directors approved the temporary suspension of the REIT’s distribution reinvestment plan (“DRP”) in connection with the proposed…
Griffin Capital Essential Asset REIT II Reinstates Distribution Reinvestment Plan
On December 12, 2018, the Griffin Capital Essential Asset REIT II (“GCEAR II”) board of directors approved the temporary suspension of the REIT’s distribution reinvestment plan (“DRP”) in connection with the proposed…
