AltsTech News
AltsTech News
Blackstone REIT Declares September 2018 Distributions
On September 27, 2018, Blackstone Real Estate Income Trust, Inc. declared distributions for each class of its common stock…
Nine Directors Resigning from FS Investment Corp. and Affiliated Companies
Gregory Chandler, Barry Frank, Philip Hughes Jr., and Pedro Ramos are resigning from FS Investment, while…
What Are the Debt Trends for Nontraded REITs?
With the Federal Reserve announcing interest rate increases recently, it’s perhaps a good time to look at the trends…
Carter Validus Mission Critical REIT II Announces Net Asset Value of $9.25 Per Share
The board of directors of Carter Validus Mission Critical REIT II, Inc…
Carter Validus Mission Critical REIT Announces Lower NAV
On September 27, 2018, the REIT’s board approved an estimated per share NAV of common stock…
Urban Land Institute’s Optimistic Real Estate Economic Forecast
The ULI released the results of its latest survey that was completed in September, reporting a consensus forecast for 27 economic and real estate indicators…
Strategic Storage Growth Trust Shareholders to Receive $12.00 Cash Per Share in Merger
Strategic Storage Growth Trust, Inc. (“SSGT”) today announced the entry into a definitive merger agreement with Strategic Storage Trust II, Inc…
Highlands REIT Sells Longview, Washington Property for $38.3 Million
On September 24, 2018, Highlands REIT, Inc. completed the sale of its Triangle Center property…
Marcus & Millichap Report Self-Storage Industry’s Rising Demand and Construction
The recent report published by Marcus & Millichap describes the U.S. self-storage industry as…
Quarterly Changes in FFO for Nontraded REITs
Blue Vault has compared the changes in Funds From Operation (FFO) for nontraded REITs from Q1 2018 to Q2 2018 and…
KBS Signs Over 30,000 Square Feet at Anchor Centre in Phoenix
KBS, based in Newport Beach, California, announced on September 25 the signing of…
The Evolution of the Public Non-Listed REIT (PNLR)
The ongoing evolution of the public non-listed REIT (PNLR) sector—driven by market pressures and regulatory changes—has resulted in…
SmartStop Recognized as One of Country’s Top Self Storage Owners for Second Consecutive Year
SmartStop Asset Management, LLC (SmartStop) announced today that the firm has been named a top-operator by Inside Self-Storage, ranking 9th in the publication’s Top-Operators List 2018 within the facility owners category.
Inland Residential Properties Trust Announces Liquidation Plans
“We are pleased to inform you that the Board of Directors of Inland Residential Properties Trust, Inc. (“Inland Residential”) has voted to approve a liquidity event for the Company…”
Griffin Capital Essential Asset REIT Reports Robust 2018 Leasing Activity
Griffin Capital Essential Asset REIT, Inc. (the “REIT”), announced several recently executed major lease transactions…
Which two nontraded REITs repurchased the highest percentage of weighted average shares outstanding in Q2 2018?
Answer: KBS Strategic Opportunity REIT repurchased 16.32 % of weighted average shares outstanding in Q2 2018. Black Creek Diversified Property Trust repurchased 4.59% of weighted average shares outstanding in Q2 2018.
InvenTrust Completes Dutch Auction Self-Tender Offer for over 46 Million Shares
InvenTrust Properties Corp. has accepted for purchase 46,421,060 shares of its common stock properly tendered…
Hospitality Investors Trust Announces Share Repurchase Program at $9.00 Per Share
On September 24, 2018, Hospitality Investors Trust, Inc. announced that its Board of Directors has adopted a Share Repurchase Program…
Griffin-American Healthcare REIT IV to Purchase 24 Healthcare Facilities for $78.5 Million
Griffin-American Healthcare REIT IV entered into an amended purchase…
American Finance Trust Announces Class B-1 Shares to Convert on October 10
On September 18, 2018, American Finance Trust, Inc. filed a Certificate of Notice…
