AltsTech News
AltsTech News
How many nontraded REITs reported an increase in EBITDA between Q1 2018 and Q2 2018?
Answer: Of the 63 nontraded REITs reporting EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) for Q2 2018, 42 reported increases. The 63 REITs had total EBITDA of $1.32 billion for Q2 2018, up about 2% from the $1.29 billion for Q1 2018. The REIT reporting the highest EBITDA for Q2 2018 was Hines Global REIT, Inc., with $88.92 million, followed by Blackstone REIT with $82.04 million.
JLL Income Property Trust joins Morgan Stanley’s wealth management platform
JLL Income Property Trust (JLLIPT) has launched on Morgan Stanley’s wealth management platform…
Interval Fund Sales Up Significantly in August
Sales for interval funds and nontraded closed-end funds reported to Blue Vault for August…
Industrial REITs Boosted by Logistics Demand
Industrial REITs own a variety of types of warehouse properties that support the global supply chain for the manufacture, storage, and shipment of goods. Of particular note is…
The Investment Outlook for Student Housing Remains Stable
Investors have historically demanded higher yields—and lower prices—for student housing properties compared to apartment properties overall.
NorthStar/RXR New York Metro Real Estate Proposes Merger or Sale of Assets
NorthStar/RXR New York Metro Real Estate Inc. will ask its shareholders to vote on its proposed merger with…
Green Street Commercial Property Price Index Flat in August
The Green Street Commercial Property Price Index increased by less than half a percent in August…
Owl Rock Capital: A Dominant and Innovative Force in the BDC Sector (Part 1 of 3)
At a time when annual sales of nontraded BDCs have fallen from $6 billion four years ago to less than $1 billion by the end of 2017,…
Update on ARC New York City REIT
Since suspending distributions to common shareholders effective as of March 1, 2018, American Realty Capital New York City REIT has pursued a strategy described as…
Despite Rising Interest Rates, Real Estate Offers Opportunity to Investors
Long-term trends can—and will—affect real estate positively or negatively, but despite raucous political and economic news, real estate just continues to offer a safe harbor for clients.
August NTR Sales Reach High for Year, Up 8.5% From July
Nontraded REIT sales reached a high for the year at $420.1 million, up from $387.4 million in July and over 45% higher than August 2017.
SmartStop’s Latest Nontraded REIT Eliminates Acquisition Fees
Strategic Student & Senior Housing Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, has amended its advisory agreement with its advisor, SSSHT Advisor, LLC…
Cantor Fitzgerald Charity Day, 2018
Cantor Fitzgerald and our affiliate BGC Partners commemorate our 658 friends and colleagues and 61 Eurobrokers employees who perished in the September 11, 2001 World Trade Center attacks…
CNL Healthcare Properties II Announces October 1 Closing of Public Offering
CNL Healthcare Properties II, a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, announced today that its board of directors
Hines Global REIT to Pay Partial Liquidating Distribution
Hines Global REIT Inc., a publicly registered non-traded REIT, has declared a partial liquidating distribution…
Carter Validus Mission Critical REIT II Announced Q2 2018 Financial Results
Carter Validus Mission Critical REIT II, Inc. (the “Company”) announced on August 29 its financial and operating results for the quarter ended June 30, 2018…
Steadfast Apartment REIT III Closes Public Offering
On August 31, 2018, Steadfast Apartment REIT III, Inc. (the “Company”) terminated its primary offering of up to $1,000,000,000 in shares of common stock…
Strategic Student & Senior Housing Trust Acquires 286-Unit Senior Housing Community
According to a press release, Strategic Student & Senior Housing Trust, Inc. (SSSHT), a public, non-traded real estate investment trust sponsored…
NexPoint Capital, Inc. Approves $9.67 NAV Per Share
Effective August 29, 2018, the board of directors of NexPoint Capital, Inc. approved the determination of the Company’s net asset value…
Blue Vault Releases Q2 2018 NTR and BDC Individual Performance Pages
Blue Vault Releases Q2 2018 NTR and BDC Individual Performance Pages The following Nontraded REIT...
