AltsTech News

Behringer Harvard Opportunity REIT I to Pay Final Liquidating Distribution

On August 7, 2018, the board of directors of Behringer Harvard Opportunity REIT I, Inc. (the “Company”) declared a final cash distribution…

Griffin Capital Essential Asset REIT’s $125 Million Preferred Private Offering with Korean Trust

Griffin Capital Essential Asset REIT, Inc. (the “REIT”) announced the issuance of $125 million of…

Q2 REIT and BDC Capital Raise Analysis (for Partners only)

It is also interesting to see the changes in the sales by share classes for nontraded REITs in 2018 compared to 2017…

Which four nontraded REITs have very low vulnerability to rising interest rates?

Answer: These four nontraded REITs have very low vulnerability to rising interest rates because they each have less than 10% of debt maturing in 2018 or 2019 and less than 10% of total debt at unhedged variable interest rates as of March 31, 2018: American Realty Capital New York City REIT, Inc.; Highlands REIT, Inc.; Inland Residential Properties Trust, Inc.; and Rodin Global Property Trust, Inc.

Carter Validus Mission Critical REIT, Inc. Successfully Executes Strategy to Complete Monetization of All Data Center Assets

Carter Validus Mission Critical REIT, Inc. (“we”, “us,” “our,” or the “Company”) announced today that it sold the last data center in its data center asset portfolio for $15.0 million, successfully monetizing all of its data center assets.

Which three nontraded REITs have 100% of their debt at unhedged variable rates as of March 31, 2018, and over 20% of their debt principal due in 2018 or 2019?

Answer: Benefit Street Partners Realty Trust, Inc., Cole Office & Industrial REIT (CCIT III), Inc., and KBS Strategic Opportunity REIT II, Inc.

Blog Post: Are Flat-Fee TAMPs a Boon to RIAs?

Blog Post: Are Flat-Fee TAMPs a Boon to RIAs? August 2, 2018 | Beth Glavosek | Blue Vault In an...

Which Nontraded REITs May Be Most Vulnerable to Rising Interest Rates? (Part 2 of 2)

In a recent article, we looked at those nontraded REITs that could be vulnerable to rising interest rates…

NexPoint Capital: A Brief Update

Effective August 1, 2018, the board of directors of NexPoint Capital, Inc. approved the determination of the Company’s net asset value per share…

Griffin-American Healthcare REIT IV Acquires Medical Office Building Near Seattle

American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced on July 31

According to a filing with the SEC, what is the name of a limited partnership in Israel that owns over $100 million in nontraded REIT shares in the United States and recently concluded a tender offer for shares of Cole Office & Industrial REIT (CCIT II), Inc.?

Answer: Comrit Investments Ltd. is a real estate investment fund that was formed in 2015 and currently owns over $100 million in nontraded REIT securities in the United States. On July 30, 2018, the company accepted 56,691 Class A shares that were tendered and following the purchase of all of the tendered shares will own an aggregate of approximately 667,217 Class A shares in the REIT.

AFIN’s Board Recommends Rejection of MacKenzie July 26 Tender Offer

American Finance Trust (“AFIN”), Inc.’s board of directors announced on August 1 that it strongly recommends that its shareholders reject…

Rodin Global Property Trust Acquires Office Building in Columbus, Ohio

On July 31, 2018, Rodin Global Property Trust, Inc., through its operating partnership, acquired,…

Which Nontraded REITs May Be Most Vulnerable to Rising Interest Rates? (Part 1 of 2)

Using the most recent quarterly filings of all nontraded REITs that had significant operations in Q1 2018 and are not in the process of liquidating, Blue Vault identifies those REITs that have the most vulnerability to rising rates using several different metrics as criteria…