AltsTech News
AltsTech News
US Office Vacancy Rate Remains at 16.7% in Q4 2018
S&P Global Market Intelligence reported that, according to Reis data, the U.S. office vacancy rate stayed flat in the…
REITs: A Look Back at 2018 and a Look Forward to 2019
At the beginning of 2018 REITs were undervalued and poised for outperformance. At the end of the year both statements were still true—but less so, because the outperformance has begun.
CNL Healthcare Properties Agrees to Sale of 55 Medical Properties to Welltower
Welltower Inc. agreed to purchase 55 class-A medical office and outpatient facilities from fellow healthcare real estate investment trust CNL Healthcare…
Steadfast Income REIT Remains Neutral on Third Party Tender Offer
In a January 2, 2019, letter to shareholders, Steadfast Income REIT’s board of directors remained neutral and made no recommendation whether shareholders should accept or decline Liquidity…
Warehouse Vacancy Rate, Container Storage and Effects of China Tariffs
The Wall Street Journal reports that U.S. companies are “so inundated with inventory that some are renting truck trailers to use for storage space…
Stira Alcentra Global Credit Fund to Merge into Priority Income Fund
Stira Alcentra Global Credit Fund (“SAGC”) and Priority Income Fund, Inc. (“Priority”) announced on December 27 that the two funds have entered into a definitive merger agreement whereby…
Top Issues to Watch in Real Estate & REITs
Solid job growth, strong consumer spending and overall economic momentum will make next year a good―albeit not great―year for the industry, says a senior NAREIT economist. Here’s a look at those factors that may cool the hot streak.
Strategic Realty Trust Sells Retail Property
On December 20, 2018, the Company, through an indirect subsidiary, sold a retail property…
Bluerock Residential Growth REIT Announces Share Repurchase Plan
Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) on December 26 announced that its Board of Directors has authorized a new plan for the repurchase of…
Merry Christmas from Blue Vault
And suddenly there was with the angel a multitude of the heavenly host praising God and saying:...
Inland Residential Properties Stockholders Approve Plan of Liquidation
Inland Residential Properties began its IPO in February 2015 and closed its offering in January 2018 after raising approximately $51.5 million, including DRIP.
KBS REIT Declares Final Liquidating Distribution
On December 18, 2018, the KBS REIT board of directors authorized a final liquidating distribution in the amount of …
JLL Income Property Trust Sells San Francisco Property
Jones Lang LaSalle Income Property Trust Inc. subsidiary, CEP Investors XII LLC, agreed to sell 111 Sutter St. in San Francisco to
Resource Apartment REIT III to Register $500 Million Follow-On Offering
In a December 17 filing with the SEC, Resource Apartment REIT III, Inc. has announced its intent to file a registration statement for a proposed follow-on offering …
Cottonwood Communities’ $750 Million Offering Breaks Escrow
Cottonwood Communities Inc., a publicly registered non-traded real estate investment trust sponsored by Cottonwood…
Owl Rock Capital Corp Unit ORCC Financing III Enters Financing Agreement
Owl Rock Capital Corp unit ORCC Financing III LLC entered into a $500 million loan financing and servicing agreement with various lenders…
Griffin Capital Essential Asset REIT To Merge with Griffin Capital Essential Asset REIT II
In a press release on December 20, 2018, Griffin Capital Company, LLC, announced that “Griffin Capital Essential Asset REIT, Inc. (“GCEAR”) and Griffin Capital Essential Asset REIT II, Inc…
Hines Global REIT Declares December 2018 Distributions, Ends Monthly Distributions
As previously disclosed in filings made by the Company with the SEC, with the approval of its stockholders in July 2018, the Company adopted a plan of liquidation and dissolution…
Inland Residential Properties Trust Sells Illinois Apartment Community
The Commons at Town Center property was purchased on May 3, 2017, from an unaffiliated third party for $23.0 million, plus closing costs.
Q3 2018 Nontraded REIT Industry Review is Available
Q3 2018 Nontraded REIT Industry Review is Available To access these reports, log in, hover over...

