AltsTech News
AltsTech News
Rodin Global Property Trust Announces New NAV Per Share
On February 14, 2018, Rodin Global Property Trust’s board of directors approved an estimated net asset value as of December 31, 2017, of…
Phillips Edison Grocery Center REIT II Acquires Dallas Area Shopping Center
Phillips Edison Grocery Center REIT II, Inc. (“PECO II”), a public nontraded REIT, purchased Seville Commons, a…
How many nontraded REIT programs from Blue Vault’s Nontraded REIT Full-Cycle Performance Study have averaged annualized returns to early shareholders greater than 8.00% when distributions were reinvested?
Answer: 29 of the 56 nontraded REITs had annualized shareholder returns to early investors greater than 8.00% when distributions were reinvested.
The Challenges of Calculating Nontraded REIT Investor Rates of Return
With the recent release of the 5th Edition Blue Vault Nontraded REIT Full-Cycle Performance Study, this may be an appropriate time to offer perspectives on the challenges faced when calculating rates of return by investors in nontraded REIT programs.
Bluerock Value Exchange Sells Out Class A Multifamily San Antonio, Texas 1031 Exchange Offering
Bluerock Value Exchange (“BVEX”) announced today the sellout of its latest 1031 exchange program
For the eleven nontraded REIT full-cycle events that have occurred since October, 2015, which program had the highest conventional annualized rate of return to its earliest investors?
Answer: CNL Growth Properties, Inc. provided its early investors with an annualized average rate of return of 10.49%, according to Blue Vault’s Fifth Edition Nontraded REIT Full-Cycle Performance Study.
Hines Global Income Trust Updates NAV and Offering Price Per Share
Hines Global Income Trust, Inc. (formerly known as Hines Global REIT II, Inc.) filed a supplement to its…
Bluerock Residential Growth REIT Announces Share Repurchase Plan
In a February 14 press release, Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”), an owner of highly amenitized multi-family communities, announced…
KBS Legacy Sells Two Multifamily Properties in Continuing Liquidation
KBS Legacy Sells Two Multifamily Properties in Continuing Liquidation February 13, 2018 | Sue...
Rodin Global Property Trust Purchases South Carolina Office Property
Rodin Global Property Trust, Inc., a public nontraded REIT, and Cantor Fitzgerald Investors, LLC,…
Understanding CNL Healthcare Properties’ New $10.32 NAV Per Share
CNL Healthcare Properties, a nontraded REIT focused on seniors housing and healthcare facilities, announced…
NTR Sales at $271 Million in January, Dominated by Blackstone REIT
NTR Sales at $271 Million in January, Dominated by Blackstone REIT February 12, 2018 | by James...
Blue Vault Releases 5th Edition of its Renowned Nontraded REIT Full-Cycle Performance Study
Blue Vault Releases 5th Edition of its Renowned Nontraded REIT Full-Cycle Performance Study...
Blue Vault Discusses Velocity Ledger Blockchain-Enabled Trading Platform
Blue Vault recently discussed the coming Velocity Ledger (“VL”) blockchain-enabled trading platform for nontraded REIT shares, DSTs, limited partnership interests in joint ventures, and eventually, individual commercial real estate properties and portfolios, with two of the company’s principals, Jon Haahr of Silver Portal Capital and Julian Jacobson of Fundamental Interactions (“FI”).
Which healthcare-focused nontraded REIT provided its earliest investors with an annualized average rate of return of 9.28% via its 2017 full-cycle liquidity event?
Answer: Sentio Healthcare Properties, Inc. was sold to Kayne Anderson Real Estate Advisors on August 31, 2017 for $14.94 per share, resulting in an average annualized return to early investors of 9.28%, according to Blue Vault’s Fifth Edition Nontraded REIT Full-Cycle Performance Study.
Independent broker-dealers are stepping up their game on recruiting from the wirehouses
Independent broker-dealers have narrowed the gap between themselves and the wirehouses and are able to attract more quality brokers from the Big Four.
Industrial Income Trust Inc. recently completed its liquidation of remaining assets, which met Blue Vault’s definition of a full-cycle event. What was the estimated annualized return to its earliest investors who invested distributions in additional shares via the REIT’s DRIP?
Answer: According to Blue Vault’s Fifth Edition Nontraded REIT Full-Cycle Performance Study, early investors had an annualized rate of return over the life of the REIT of 8.10% if they reinvested all distributions via the DRIP.
CIM Group Acquires Cole Capital from VEREIT
VEREIT, Inc. (NYSE: VER) on February 1 announced that it closed the sale of Cole Capital (“Cole”) to an affiliate of CIM Group. VEREIT is a publicly-traded real estate investment trust formerly known as American Realty Capital Properties Inc.
SmartStop Asset Management, LLC Announces the Acquisition of a 760-Bed Student Housing Community Near University of South Carolina for $64.5 Million
SmartStop Asset Management, LLC (SmartStop) announced today that certain of its affiliates have acquired Aspyre at Assembly Station, a 400-unit, 760-bed student housing community for $64.5 million. The property is within walking distance of the University of South Carolina.
Strategic Storage Growth Trust, Inc. Acquires 870-Unit Newly Constructed Self Storage Facility Near Miami, Florida
Strategic Storage Growth Trust, Inc., a public non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, announced today its purchase of an 870-unit self storage facility in the Miami suburb of Pembroke Pines, Florida. The facility was completed in early 2018.
