AltsTech News
AltsTech News
The Parking REIT Files for Offering and Listing on NASDAQ Global Market
The Parking REIT, Inc., (the Company) a nontraded REIT that invests primarily in parking facilities, has applied to list its common stock…
Black Creek Industrial REIT IV Updates Portfolio Status, Transaction Price
As of October 2, 2018, Black Creek Industrial REIT IV Inc. owned and managed a real estate portfolio that included properties…
Griffin-American Healthcare REIT III Announces Updated Estimated NAV
On October 4, 2018. Griffin-American Healthcare REIT III issued a letter to shareholders announcing an updated estimated per share net asset value of the…
US REITs Trade at 6% Discount to NAV at End of Q3 2018
In its monthly update of the Data Dispatch that analyzes publicly traded U.S. equity real estate investment trusts with market capitalization of at least $200 million…
Strategic Storage Trust IV Acquires Land for Development in Ontario, Canada
Strategic Storage Trust IV, Inc. (SST IV), a public non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC (SmartStop), announced…
Griffin-American Healthcare REIT IV Acquires Skilled Nursing Facilities Portfolio for $88.2 Million
American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today…
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…
