AltsTech News
AltsTech News
Resource Apartment REIT III Purchases Texas Apartment Community
On December 11, 2018, Resource Apartment REIT III, Inc. through its operating partnership, entered into an agreement to purchase an apartment community located in Arlington, Texas…
REITs Outperforming Broader Stock Market in 2018
The Wall Street Journal reports in a December 18 article that listed REITs are on pace this year to outperform the broader stock market…
Carter Validus Purchases Data Center in Connecticut
Carter Validus REIT Management Company LLC has acquired a single-story Connecticut data center for $5.2 million…
Bluerock Capital Markets Reports Record Capital Raise in November
Bluerock Capital Markets, LLC (“Bluerock”), a distributor of institutional alternative investment products, announced on December 18
November NTR Sales Up 0.4% From October, Nontraded BDC Sales Down 23%
Nontraded REITs booked capital raise of $417.0 million in November, just…
Performance of Listed REITs and Traditional Indices Q3 2018
The average total year-to-date return for all equity REITs has been 1.81%, which is in positive territory only due to the dividend yield of 4.19%.
Strong economy expected to lift all commercial real estate sectors in 2019
Sustained momentum from the U.S. economy’s extended economic expansion…
Which previously nontraded REIT is now listed on the Nasdaq Global Select and will have the final tranche of its common stock converted to listed stock on January 15, 2019?
Answer: American Finance Trust (AFIN) listed a portion of its outstanding shares on the Nasdaq on July 19, 2018, and the final portion of its common shares (Class B-2) will convert to Class A shares on January 15, 2019. The shares reached a high of $17.76 on September 20 and recently traded at $13.77 per share.
Recent Shareholder Returns from Perpetual Nontraded REIT Offerings
There are currently seven nontraded REITs with perpetual offerings and frequently updated NAVs.
CION Investments Announces that the CION Ares Diversified Credit Fund has Reduced its Fees
In an effort to continue to provide investors with unparalleled value, CION announces that the CION Ares Diversified Credit Fund has reduced its fees.
REITs return 4.7% in November
REITs bounced back in November, according to the FTSE Nareit Equity REITs Index, which showed…
Commercial Loan Originations Declined in the Third Quarter, But the Full-Year Activity Should Be on Par with 2017, MBA Predicts
For 2019, the MBA forecasts total commercial/multifamily originations of $541 billion, a 2 percent increase over 2018.
FIRST PERSON: Jeffrey Schwaber of Bluerock
Blue Vault recently had the opportunity to speak with Jeffrey Schwaber, CEO of Bluerock Capital Markets,
Which nontraded BDC raised the most capital in Q3 2018?
Answer: Owl Rock Capital Corporation II raised an estimated $91.1 million in Q3 2018 and raised an estimated $237.9 million for the nine months ended September 30, 2018.
NorthStar Healthcare Income Announces $7.10 NAV Per Share
On December 4, 2018, the board of directors (the “Board”) of NorthStar Healthcare Income, Inc. (“NorthStar Healthcare” or the “Company”), a publicly registered, non-traded real estate investment trust (“REIT”)…
FS Investment Corporation III Reduces Distribution Reinvestment Price
Effective November 30, 2018, FS Investment Corporation III decreased the price at which it issues shares…
Q3 2018 Nontraded REIT Sales Rise 3.8% and 43% Year-Over-Year
Sales by nontraded REITs for the third quarter of 2018 were up…
Carter Validus Purchases Healthcare Properties for $34M
Carter Validus Mission Critical REIT II, Inc., recently announced the purchase of the Clive Healthcare Facility and the Valdosta Healthcare Facilities Portfolio for approximately $33.7 million…
Cole RE Income Strategy (Daily NAV), Inc. Changes Name to CIM Income NAV, Inc.
On November 27, 2018, Cole Real Estate Income Strategy (Daily NAV), Inc. changed its name to CIM Income NAV, Inc…
The First REIT Gets Tokenized Using Harbor’s Compliance Protocol
The recent proliferation of blockchain technology, and the hype that went with it, created an onslaught of real estate companies…
