AltsTech News
AltsTech News
Cole Office & Industrial (CCIT III) Approves $8.60 NAV
Based on the recommendation from a valuation committee comprised of the independent directors of Cole Office & Industrial REIT (CCIT III), Inc., on February 13, 2019, the Company’s board of directors unanimously approved…
Rodin Global Property Trust Extends Offering and Announces Distributions and NAV
On February 12, 2019, the board of directors of Rodin Global Property Trust, Inc. authorized the extension of the term of the company’s initial public offering until March 23, 2020…
Hines Global REIT Announces $6.17 Net Asset Value Per Share
On February 14, 2019, Hines Global REIT’s board of directors determined a new per share net asset value (“NAV”) of the company’s common stock of $6.17 as of February 14, 2019. This new per share NAV is lower than the previously…
MacKenzie Realty Capital Offers to Repurchase Shares at $9.00
MacKenzie Realty Capital Inc. is offering to buy back 411,893.49 of its common shares at $9 apiece. In its Q4 2018 financial statement, it reported a net asset value per share of $9.79 as of December 31, 2018, down…
Cole Office & Industrial REIT (CCIT II) to Sell 18 Industrial Properties
On February 14, 2019, Cole Office & Industrial REIT (CCIT II), Inc. (the “Seller”) entered into a Purchase and Sale Agreement with Industrial Logistics Properties Trust (the “Purchaser”), an unaffiliated
Inland Real Estate Income Trust, Inc. Outlines Strategic Plan for Future Liquidity
Inland Real Estate Income Trust, Inc. (“Inland Income Trust” or “the REIT”), a publicly registered, non-traded real estate investment trust, announced today a long-term strategic plan to move toward a…
Highlands REIT Sells Lincoln Mall Property
On February 13, 2019, Highlands REIT, Inc. through MB Lincoln Mall, L.L.C, a wholly-owned subsidiary of the REIT, agreed to sell the Lincoln Mall in Lincoln, Rhode Island, to an affiliate of Acadia Strategic Opportunity Fund V LLC, an…
Inland Residential Properties to Sell The Retreat at Market Square for $47 Million
The REIT purchased the property in 2015 for $45.7 million.
MacKenzie Capital Launches $11.39 Tender Offer for Inland Residential Shares
The purchasers currently do not own any shares in the Oak Brook, Ill.-based company, and are expected to pay up to about $2.3 million if all the shares are tendered under the offer.
As of October 31, 2018, the date with the most recently filed semi-annual and annual statements, how many interval funds had net assets in excess of $1.0 billion?
Answer: Eight interval funds had net assets in excess of $1.0 billion, led by Stone Ridge Trust II ($6.0 billion), Stone Ridge Trust V ($3.5 billion), ACAP Strategic Fund ($3.3 billion), Griffin Institutional Access Real Estate Fund ($2.6 billion), and Versus Capital Multi-Manager Real Estate Income Fund ($2.5 billion).
The Interesting Case of Highlands REIT-Part II in a Series on InvenTrust Properties Corporation
Highlands REIT, Inc. was created in 2016 to own and manage substantially all of the “non-core” assets previously owned and managed by InvenTrust…
Bluerock Value Exchange Reports Fast Sellout of Maryland Class A Multifamily 1031 Exchange Offering
Bluerock Value Exchange (“BVEX”) announced today the full subscription of its latest 1031 exchange program, BR Jefferson Place, DST, a Class A, 228-unit, apartment community located in Frederick, Maryland, a growing suburb in the…
Everest REIT Investors Files $7.50 Tender Offer for Carey Watermark Investors Shares
Everest REIT Investors I, LLC, has offered to purchase up to 7,020,000 shares of common stock in Carey Watermark Investors Incorporated at a purchase…
Creating Value by Consolidating Independently-Owned CRE Assets
There have been many successful examples in the past of large-scale investments in sectors that began as many independently-owned businesses…
The U.S. Apartment Sector Would Continue to Remain Strong Even in a Recession
Even if there is an economic downturn in the near future, the apartment sector is likely to hold up, according to industry experts…
REITs Contend With Flexible Lease Demands
This year is poised to be an eventful one for REITs, with several regulatory and policy changes taking effect that will impact operations and balance sheets…
2019 Self-Storage US Investment Forecast
Steady job creation will sustain economic growth in the coming year, but the tight labor market will create a highly competitive recruiting climate that…
Hartman vREIT XXI Announces Acquisition of Suburban Houston Office Building
Hartman vREIT XXI, Inc. (vREIT XXI) completed its acquisition of 11211 Katy Freeway on January 10, 2019. 11211 Katy Freeway is a 6-story, 77,882 square foot…
JLL Income Property Trust Announces 2018 Tax Treatment of Distributions
One of the advantages of REIT investments is the tax treatment of cash distributions. In the case of Jones Lang LaSalle’s Income Property Trust, 99.92% of 2018…
January NTR Sales Down 2.6% From December, Nontraded BDC Sales Up 33%
Reporting nontraded REITs booked capital raise of $395.1 million in January*, down 2.6% from the $405.7 million total for…
