AltsTech News
AltsTech News
RREEF Names New CEO
On May 14, 2018, RREEF announced that it had appointed Julianna Ingersoll as its new President and CEO.
REITs and Interest Rates: A Look at What’s Really Happening
Upward moves in interest rates continue to be a concern for investors this year. That may be especially true of REIT investors, since…
Self Storage Continues to Gain Traction in 2018
Self Storage Continues to Gain Traction in 2018 By H. Michael Schwartz, Founder and CEO, SmartStop...
Sales by Interval Funds, Nontraded Closed-End Funds, and Private Placements for April
Blue Vault reports sales for Interval Funds and Nontraded Closed-End Funds reported by 10 fund sponsors in April.
InvenTrust Properties Announces Lower Estimated NAV per Share
In a letter to shareholders, InvenTrust Properties (the “Company”) announced a new estimated NAV per share of $3.14 as of May 1, 2018.
NTR Sales at $380.1 Million in April, Up 17% From March, Nontraded BDC Up 17% Also
NTR Sales at $380.1 Million in April, Up 17% From March, Nontraded BDC Up 17% Also May 10, 2018 |...
Which shopping center nontraded REIT program owned 236 shopping center properties with over 26.3 million square feet of retail space as of December 31, 2017?
Answer: Phillips Edison & Company
Sam Zell Talks About the Evolution of REITs
Sam Zell isn’t known as subtle, but that’s exactly how one might describe the entrance to his office tucked in the heart of a bustling Chicago office plaza.
Long-Term Prognosis Sound for Health Care REITs
Health care REITs have grown rapidly over the past two decades, bringing professional management to a critical sector of the economy as they have solidified their position as an important sector of the REIT universe.
REITs may provide insights into private real estate pricing
Listed real estate stock prices are changing moment by moment, reflecting investors’ perceptions of the value of public real estate companies and updating constantly as new information is absorbed by the market.
How Cloud-Based Software Is Transforming the Commercial Real Estate Industry
Commercial real estate is an industry driven by huge volumes of data, making it uniquely positioned to benefit from broad-based cloud adoption.
Griffin-American Healthcare REIT IV Acquires Medical Office Building in Surprise, Ariz.
Griffin-American Healthcare REIT IV has announced that, on April 27, 2018, it acquired the Surprise Medical Office Building (MOB) from Banyan Surprise Plaza LLC, an unaffiliated third party, for a contract purchase price of $11.65 million plus closing costs.
Lightstone Executive Announces Resignation
On May 7, 2018, Donna Brandin, Executive Vice President and Chief Financial Officer of The Lightstone Group announced that she will be leaving Lightstone during the final year of her employment contract to pursue other opportunities.
Griffin Acquires Large Shaw Asset, Replaces DreamWorks Disposition
On May 7, Griffin Capital Essential Asset REIT, Inc. announced its acquisition of the Shaw Distribution Center – Northport Building C located in Savannah, Georgia for $56.5 million.
Resource Income Opportunity REIT to Liquidate
In an 8-K filed May 8, Resource Income Opportunity REIT, Inc. (the “Company”) terminated its offering of up to $1.1 billion in shares of common stock, par value $0.01 per share, to be sold pursuant to its public primary offering and distribution reinvestment plan.
Significant Carter Validus Mission Critical REIT Tenant Declares Bankruptcy
On May 4, 2018, Bay Area Regional Medical Center, LLC (“Bay Area”), a tenant of Carter Validus Mission Critical REIT, Inc. (“the Company”) announced in a press release that it is closing its operations on May 10, 2018, and filing for bankruptcy in the near term.
Black Creek Group Names Raj Dhanda as First CEO
Black Creek Group, a Denver-based real estate investment management firm with approximately $7.9 billion in US assets under management, announced the appointment of Raj Dhanda as its first chief executive officer.
Strategic Student & Senior Housing Trust, Inc. IPO Declared Effective
Strategic Student & Senior Housing Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, announced that its initial public offering of approximately $1.1 billion in shares of common stock was declared effective by the SEC on May 1, 2018.
Blackstone Real Estate Income Trust’s New Dealer Manager Agreement Provides Selling Commission
On May 1, 2018, Blackstone Real Estate Income Trust entered into an Amended and Restated Dealer Manager Agreement with Blackstone Advisory Partner L.P. (its Dealer Manager) that provides for…
Carter Validus Mission Critical REIT Suspends Share Redemption Program (SRP)
On April 30, 2018, Carter Validus Mission Critical REIT determined that it had reached its limit on share redemptions, and that it will not be able to fully process all repurchase requests for the month of April 2018.

