AltsTech News
AltsTech News
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…
Don’t Rush to Opportunity Zones
The Opportunity Zone Program instituted along with the Tax Cuts and Jobs Act of 2017 has caught the eye of many in the real estate development arena…
Hines Global REIT Sells Five Properties in Poland to Blackstone Group
On November 21, 2018, five wholly-owned subsidiaries of Hines Global REIT Properties LP a subsidiary of Hines Global REIT, Inc, sold…
Institutional Investors Increase Allocation to Real Estate
Institutional investors that recently were surveyed have increased their allocation to real estate by 30 basis points this year to 10.4 percent…
Which nontraded REIT raised the second highest amount of capital in October 2018, after Blackstone REIT?
Answer: Griffin-American Healthcare REIT IV, Inc. raised $21.6 million in October 2018, down slightly from $22.4 million raised in September.
Phillips Edison, Phillips Edison Grocery Center REIT II Complete Merger
On November 16, Phillips Edison & Co. Inc. and Phillips Edison Grocery Center REIT II Inc. closed their …
Opportunity Zones and “Market Imperfections”
When government looks for ways to foster economic development generally or investment in specific sectors or technologies…
Which interval fund led all interval funds in October sales reported to Blue Vault?
Answer: Griffin Institutional Access Real Estate Fund reported sales of $75.6 million for October 2018.
Commonwealth IBD Pivots to Planning
The largest privately held IBD is helping more advisors abandon their FINRA registrations, adding more model portfolios and financial planning tools.
October NTR Sales Up 14.4% From September, Nontraded BDC Sales Jump as Well
Blackstone REIT increased capital raise in October by…
Hines Global REIT to Pay Additional Liquidating Distribution
Hines Global REIT’s board of directors has authorized the Company to declare a liquidating distribution on the Company’s common stock,…
FIRST PERSON: SmartStop Asset Management’s John Strockis on Student Housing Investments
FIRST PERSON: SmartStop Asset Management’s John Strockis on Student Housing Investments November...
Which Business Development Company (BDC) commenced operations in April 2017 and has raised $371.0 million in its public offering as of November 6, 2018, and had a portfolio of investments primarily in first and second lien loans with a fair value of $484.7 million as of September 30, 2018?
Who Is the Right Capital Base for Opportunity Zones?
Opportunity zone funds are the hottest topic in commercial real estate. Last month, the first round of regulations was officially released, answering many of the questions investors have about the funds—but not all of them…
