AltsTech News
AltsTech News
RREEF Property Trust, Inc. Announces New Appointments to Leadership Team
On October 1, 2018, Julianna S. Ingersoll notified the board of directors of RREEF Property Trust, Inc. of her resignation…
AFIN B-1 Shares to Convert on October 10, Increases Credit Facility
American Finance Trust, Inc. (“AFIN”) announced on September 20, 2018, that all issued and outstanding shares…
VEREIT Settles Eight More Lawsuits Related to ARCP Accounting Fraud
VEREIT, Inc. (NYSE: VER) announced today that on September 30, October 1, and October 2, 2018, VEREIT, Inc. and VEREIT Operating Partnership, L.P. (collectively “VEREIT” or the “Company”) entered into Settlement Agreements and Releases…
Tender Offer for Hines Global REIT Shares at $6.15 Per Share
On October 2, 2018, MacKenzie Realty Capital, Inc., CMG Partners, LLC, and Coastal Realty Business Trust, collectively offered…
Where are U.S. $100 bills being held?
Where are U.S. $100 bills being held? Answer: According to Federal Reserve estimates,...
CNL Founder James M. Seneff, Jr. Receives Lifetime Achievement Award from Institute for Portfolio Alternatives
CNL Financial Group founder and executive chairman James M. Seneff, Jr. has been awarded the Lifetime Achievement Award…
KBS REIT III Board Recommends Rejecting Two Third-Party Tender Offers
The board of directors of KBS REIT III, in a letter to shareholders filed with the SEC on September 28, alerted…
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.
