AltsTech News
AltsTech News
Parking REIT Board Member Resigns in Protest of Board Actions
On September 20, Parking REIT, Inc. filed an 8-K with the SEC which included an attachment of the resignation letter by…
Estimated Returns for Nontraded REITs with Frequent NAV Estimates
Those nontraded REITs with daily or monthly estimated NAV per share announcements have year-to-date annualized returns based…
10 years later: How fund investing has changed
A decade ago, as Lehman Brothers went bust and the fragile financial system was teetering,…
Resource Apartment REIT III Acquires 204-Unit Florida Multifamily Community
On September 14, 2018, a wholly-owned subsidiary of Resource Apartment REIT III purchased a…
Carter Validus Mission Critical REIT II, Inc. Announces New Officers
On September 14, 2018, Carter Validus Mission Critical REIT II, Inc., a public non-traded real estate investment trust, announced…
How Has Steadfast Performed in the Nontraded REIT and Closed-End Fund Industries?
With the recent report by DI Wire that the capital markets division of Steadfast Companies had laid off multiple employees and is leaving the nontraded direct investment space…
Black Creek Diversified Property Fund’s Latest NAV
Black Creek Diversified Property Fund Inc. announced a revised NAV per share
How many nontraded REITs reported an increase in EBITDA between Q1 2018 and Q2 2018?
Answer: Of the 63 nontraded REITs reporting EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) for Q2 2018, 42 reported increases. The 63 REITs had total EBITDA of $1.32 billion for Q2 2018, up about 2% from the $1.29 billion for Q1 2018. The REIT reporting the highest EBITDA for Q2 2018 was Hines Global REIT, Inc., with $88.92 million, followed by Blackstone REIT with $82.04 million.
JLL Income Property Trust joins Morgan Stanley’s wealth management platform
JLL Income Property Trust (JLLIPT) has launched on Morgan Stanley’s wealth management platform…
Interval Fund Sales Up Significantly in August
Sales for interval funds and nontraded closed-end funds reported to Blue Vault for August…
Industrial REITs Boosted by Logistics Demand
Industrial REITs own a variety of types of warehouse properties that support the global supply chain for the manufacture, storage, and shipment of goods. Of particular note is…
The Investment Outlook for Student Housing Remains Stable
Investors have historically demanded higher yields—and lower prices—for student housing properties compared to apartment properties overall.
NorthStar/RXR New York Metro Real Estate Proposes Merger or Sale of Assets
NorthStar/RXR New York Metro Real Estate Inc. will ask its shareholders to vote on its proposed merger with…
Green Street Commercial Property Price Index Flat in August
The Green Street Commercial Property Price Index increased by less than half a percent in August…
Owl Rock Capital: A Dominant and Innovative Force in the BDC Sector (Part 1 of 3)
At a time when annual sales of nontraded BDCs have fallen from $6 billion four years ago to less than $1 billion by the end of 2017,…
Update on ARC New York City REIT
Since suspending distributions to common shareholders effective as of March 1, 2018, American Realty Capital New York City REIT has pursued a strategy described as…
Despite Rising Interest Rates, Real Estate Offers Opportunity to Investors
Long-term trends can—and will—affect real estate positively or negatively, but despite raucous political and economic news, real estate just continues to offer a safe harbor for clients.
August NTR Sales Reach High for Year, Up 8.5% From July
Nontraded REIT sales reached a high for the year at $420.1 million, up from $387.4 million in July and over 45% higher than August 2017.
SmartStop’s Latest Nontraded REIT Eliminates Acquisition Fees
Strategic Student & Senior Housing Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, has amended its advisory agreement with its advisor, SSSHT Advisor, LLC…
Cantor Fitzgerald Charity Day, 2018
Cantor Fitzgerald and our affiliate BGC Partners commemorate our 658 friends and colleagues and 61 Eurobrokers employees who perished in the September 11, 2001 World Trade Center attacks…
