AltsTech News
AltsTech News
FS Credit REIT to Change Offering from a Daily to Monthly NAV REIT
In a filing with the SEC on June 22, 2018, FS Credit REIT announced that it is planning to change its…
CNL Healthcare Properties Suspends Distribution Reinvestment Program
In light of its decision to proceed with the exploration of its strategic alternatives process, the CNL Healthcare Properties, Inc. has determined to…
Five Takeaways from the Non-Traded REIT & Retail Alternative Investment Symposium
Non-traded REITS are making a comeback – that was the message that came across…
FIRST PERSON: Dwight Merriman of Black Creek Group
FIRST PERSON: Dwight Merriman of Black Creek Group June 26, 2018 | Beth Glavosek | Blue Vault ...
Hines REIT Shareholders to Receive Final Liquidating Distribution
On June 22, 2018, Hine Real Estate Investment Trust, Inc. (“the Company”) distributed an email to financial advisers with clients that are stockholders of the Company, informing them…
Blackstone REIT to Purchase Off-Campus Student Housing in JV with Greystar
The Wall Street Journal reported on June 25 that Blackstone Real Estate Income Trust Inc.
Carter Validus Mission Critical REIT, Inc. Completes Sale of Two Data Centers
On June 18, 2018, Carter Validus Mission Critical REIT announced that it had sold two data center properties for a total of…
Are Hybrid RIAs Changing the Industry?
Are Hybrid RIAs Changing the Industry? June 19, 2018 | Beth Glavosek | Blue Vault In the last blog...
What was the total nontraded REIT distributions payout in Q1 2018?
Answer: Total distributions paid by 56 nontraded REITs in Q1 2018 was $1.307 billion. Of that total, Carter Validus Mission Critical REIT paid $588.4 million via special liquidating distributions. Excluding Carter Validus Mission Critical REIT from total distributions paid by 55 nontraded REITs in Q1 2018 results in a total of $720.6 million compared to Q1 2017’s $659.6 million.
Digging Deeper into ARC New York REIT Expenses and Performance
On June 13, 2018, Blue Vault published an article exploring the performance of the nontraded REIT American Realty Capital New York REIT, Inc…
Blue Vault and Bowman Law Team Up
Blue Vault Partners, LLC is pleased to announce that its…
Blue Vault and Bowman Law Team Up
Blue Vault Partners, LLC is pleased to announce…
W. P. Carey Inc. to Purchase Corporate Property Associates 17 – Global Nontraded REIT
On June 17, 2018, Corporate Property Associates 17 – Global Incorporated (“CPA®:17”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with…
Small B-D Outlook Improves
One year ago, small broker-dealers weren’t feeling particularly upbeat. With the implementation of the DOL rule looming,…
NAV for Bluerock’s Total Income+ Real Estate Fund A-Shares Eclipse $30 Per Share
In a press release June 13, 2018, Bluerock Fund Advisor announced that Bluerock’s Total Income+ Real Estate Fund’s (“TI+”, “Fund”, tickers: TIPRX, TIPPX, TIPWX, TIPLX) NAV for its A-shares, the Fund’s longest running share class, eclipsed the $30 per share mark representing …
May NTR and BDC Sales
Led by Blackstone REIT’s increase in sales of $11.8 million in May versus April, the nontraded REIT offerings raised a total of…
Judge Says UDF Lawsuit Against Kyle Bass and Hayman Capital Will Proceed
In an article posted on Blue Vault’s website on December 19, 2017, entitled “How An Attack on a Nontraded REIT Sponsor Made a Hedge Fund Manager $60 Million,” we referred readers to a lawsuit filed by United Development Funding LP (“UDF”) and its related companies accusing hedge fund manager J. Kyle Bass and his closely held company Hayman Capital Management, L.P., of perpetrating a “short-and-distort” scheme by spreading false and damaging information about UDF in order to drive down the company’s stock price and profit by covering their short positions by buying shorted shares at much lower prices.
How much money was reinvested in nontraded REITs during Q1 2018?
Total distributions reinvested for 47 REITs reporting DRIP proceeds in Q1 2018 was $332.7 million. This compares to total distributions reinvested for 48 REITs reporting DRIP proceeds in Q1 2017 of $334.7 million.
Non-Listed REITs Regain Fundraising Momentum
The non-listed REIT sector appears to have rounded an important corner. …
Nuveen, Starwood, Griffin Follow Blackstone Into NAV REIT Market
With Blackstone raising $250 million a month in its recently created NAV REIT,…
