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.

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.

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.

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.

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.