AltsTech News

How to Explain ARC New York City REIT Performance?

American Realty Capital New York City REIT closed its IPO on May 31, 2015, after raising approximately…

American Finance Trust Reports Results of Self Tender Offer

According to an SEC filing on June 5, 2018, American Finance Trust, a nontraded REIT originally named American Realty Capital Trust V, has closed its tender offer after receiving and accepting for purchase 207,713 validly tendered shares.

Blackstone REIT’s Acquisitions Illustrate Potential Economies of Scale

When nontraded REIT programs do not raise large amounts of equity in their public offerings, they may find…

Blackstone REIT Plans to Raise Another $10 Billion in NTR Offering

In a registration statement filed with the SEC on Tuesday, Blackstone Real Estate Income Trust made known its intentions to …

Which nontraded REIT repurchased the most common shares during Q1 2018?

KBS Real Estate Investment Trust III, Inc. repurchased more of its common shares than any other NTR in Q1 2018. The REIT repurchased 5,151,510 shares in the quarter ended March 31, 2018. Next was Carter Validus Mission Critical REIT, Inc. which repurchased 4,447,367 shares for the quarter. Hines Global REIT, Inc. repurchased 3,658,316 shares.

JLL Income Property Trust Reports First Quarter Performance

JLL Income Property Trust, an institutionally managed daily NAV REIT, announced its operating results for the first quarter of 2018 in a press release filed on May 31, 2018.

Happy 150th Birthday, Closed-End Funds

A century and a half later, closed-end funds continue to be an efficient way for investors to access some of the biggest growth opportunities in emerging markets.

Rising rates? It may be time to buy, not sell, those REITs

Interest rates are rising. Sell your REITs! That’s the usual knee-jerk reaction of investors when the economic cycle is getting old and the Federal Reserve Bank is raising interest rates.

Economy Watch Weekly: US Economic Growth to Slow in 2019

Fannie Mae’s Economic and Strategic Research Group recently revised…

Bluerock’s Total Income+ Real Estate Fund Surpasses $1 Billion in AUM

Bluerock’s Total Income+ Real Estate Fund announced today that it surpassed $1 Billion in assets under management on June 4, 2018.

Griffin Capital Securities Achieves Record Growth Across All Intermediary Distribution Channels

Griffin Capital Company, LLC (“Griffin Capital”) announced today the achievement of several significant milestones for May including…

What percentage of nontraded REIT debt will mature during 2018?

Debt maturing during the fiscal year 2018 was 9.8% of the total debt for nontraded REITs reporting as of March 31, 2018. Debt maturing during the fiscal year 2017 was 11.2% of the total debt for nontraded REITs reporting as of the year-earlier March 31, 2017.

The World of Investment Advice Professionals

The World of Investment Advice Professionals June 6, 2018 | Beth Glavosek | Blue Vault In the last...

Parking REIT Replaces CFO and Leaves Blue Vault Wondering “What’s Going On?”

On May 31, 2018, the Board of Directors of The Parking REIT, Inc. a public non-traded real estate investment trust (“REIT”),…

Bluerock’s Total Income+ Real Estate Fund Announces Record Capital Inflows in May

In a press release dated June 6, 2018, Bluerock’s Total Income+ Real Estate Fund (“TI+,” tickers: TIPRX, TIPPX, TIPWX, TIPLX) announced it has realized significant increases in…

What portion of nontraded REIT total debt is at fixed rates?

For 60 nontraded REITs reporting total debt at March 31, 2018, the portion of total debt that was at fixed rates, including debt that was hedged utilizing interest rate swaps, was 62.2%. For the year-earlier quarter ended March 31, 2017, 62 nontraded REITs reported 60.5% of all debt as having fixed rates.