AltsTech News
AltsTech News
Update on American Finance Trust’s Nasdaq Listing
NOTE: This article has been updated from a previous version.
In a press release on July 19, Finance Trust, Inc. (“AFIN”) announced that it had successfully completed…
FS Investment Corp and Corporate Capital Trust to Merge
On July 23, 2018, it was announced that FS Investment Corporation (NYSE: FSIC) and Corporate Capital Trust, Inc. (NYSE: CCT) entered into a definitive agreement
What is the median debt ratio for open and closed nontraded REIT programs?
Answer: The median debt ratio for all open nontraded REIT programs as of March 31, 2018, was 39%, compared to a median debt ratio of 45% as of March 31, 2017. The median debt ratio for all closed nontraded REIT programs as of March 31, 2018, was 51%, compared to a median debt ratio of 48% as of March 31, 2017.
Why Are More RIAs Looking to Alternatives?
Why Are More RIAs Looking to Alternatives? July 19, 2018 | Beth Glavosek | Blue Vault Registered...
Phillips Edison & Company to Merge with Phillips Edison Grocery Center REIT II
On July 17, 2018, Phillips Edison & Company, Inc. (“PECO”) and Phillips Edison Grocery Center REIT II, Inc. (“REIT II”) entered into an agreement and plan of merger, with…
Of the Interval Funds covered by Blue Vault, which fund reported the highest six-month return for the period ending March 31, 2018?
Answer: Total Income+ Real Estate Fund reported total six-month returns of 4.14% (Class A), 3.75% (Class C), 4.20% (Class I) and 3.83% (Class L), outpacing the remaining Interval Funds covered by Blue Vault.
RREEF Property Trust Acquires Three Properties
On July 17, 2018, RREEF Property Trust, Inc. (the “Company”) completed the acquisition of three…
Hines Global REIT Shareholders Approve Liquidation
At the annual meeting of stockholders held on July 17, 2018, stockholders of Hines Global REIT, Inc. (“the Company”) voted…
Hines Real Estate Investment Trust Declares Final Distribution
On July 9, 2018, the board of directors of Hines Real Estate Investment Trust, Inc. approved a final distribution of…
HMS Income Fund Announces Tender Offer
On July 13, 2018, HMS Income Fund announced that it was offering to purchase…
New Opportunistic and Multifamily Funds Help Reheat Real Estate Private Equity Market
Private equity fundraising for real estate shows signs of heating up again in July after a slower pace in the second quarter…
REITs Rally on Interest Rate Relief
REITs extended their rally in June, with the FTSE Nareit All Equity REIT index posting a total return of 4.2 percent…
Carter Validus Mission Critical REIT II, Inc. Completes $64.47 Million in Data Center and Healthcare Acquisitions
Carter Validus Mission Critical REIT II, Inc. (“the Company”), announced today that it recently made two acquisitions consisting of a Silicon Valley data center and a specialty hospital for an aggregate purchase price of $64.47 million…
World Bank CEO Adds to Voices of Worry Over Global Debt Pileup
Global debt is becoming a bigger worry as the global policy tightening cycle takes hold, a top boss at the World Bank warned Monday…
First Person: CION’s Michael Reisner on the Enduring Appeal of Alternatives
First Person: CION’s Michael Reisner on the Enduring Appeal of Alternatives July 16, 2018 | Beth...
Blockchain Applications in Commercial Real Estate? How, Why and When?
In 1976, this author had the opportunity to pose a question to Frank T. Cary, then CEO of IBM, at a party. I asked, “What do you do for an encore? You have 70% of the computer mainframe business, what’s next?” His answer was very succinct
June NTR and BDC Sales
With the impact of Blackstone REIT’s…
Griffin-American Healthcare REIT IV Adds Colorado MOB to Portfolio
The co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced July 9 that the REIT has acquired a…
Griffin Capital Essential Asset REIT II Changes Share Redemption Programs
Griffin Capital Essential Asset REIT II, Inc. currently operates…
Which Interval Fund covered by Blue Vault has 100% of its portfolio invested in a single asset type?
Answer: Vertical Capital Income Fund invests 100% in residential mortgages. The fund has raised net proceeds of $133.2 million through March 31, 2018.
