AltsTech News
AltsTech News
Of the 45 full-cycle events as of October 31, 2015, which NTR had the highest average annualized total return to early investors?
Answer: American Realty Capital Trust III at 14.63% without DRIP, 18.34% with all distributions reinvested
Phillips Edison Grocery Center REIT I Changes Name to Phillips Edison & Company, Inc.
On December 13, 2017, Phillips Edison Grocery Center REIT I, Inc. formally changed its name to Phillips Edison & Company, Inc.
The top six trends that impact tech CRE strategy
These will impact real estate decisions in 2018 and beyond.
Business Development Corporation of America Prices $150 Million of 4.75% Senior Notes Due 2022
Business Development Corporation of America (“BDCA”) announced that it priced $150 million aggregate principal amount of 4.75% senior unsecured notes.
The Future of Robo Advice
They’re an electronic—in many cases, they’re an electronic platform to do the same things that you would normally do people-to-people.
For the 43 interval funds that have filed with the SEC and declared a fiscal year, how many different fiscal year-ends have been declared?
Answer: The 43 interval funds have declared eight different fiscal year-ends. (February, March, April, June, July, September, October, December)
Strong November raises retailers’ hopes for holidays
Retail sales jumped in November as U.S. shoppers ramped up their spending as the crucial holiday season began.
Black Creek Diversified Property Fund Raises Distribution
Black Creek Diversified Property Fund Inc. (“DPF”), a public reporting NAV REIT, announced today that its board of directors authorized for each class of common stock a monthly dividend of…
How an Attack on a Nontraded REIT Sponsor Made a Hedge Fund Manager $60 Million
How an Attack on a Nontraded REIT Sponsor Made a Hedge Fund Manager $60 Million December 18, 2017...
InPoint Commercial Real Estate Income, Inc. Announces Origination of $12.4 Million Mortgage Loan
“The Property is right downtown, walkable to all the major demand generators in the Honolulu CBD…”
BGC Partners Reduces Size of Newmark Group IPO
Newmark Group, a commercial real estate brokerage and advisory firm carved out of BGC Partners, lowered the proposed deal size for its upcoming IPO on Thursday.
The Parking REIT, Inc. (Formerly Known as MVP REIT II, Inc.) Announces Closing of Merger with MVP REIT, Inc.
The Parking REIT, Inc. (formerly known as MVP REIT II, Inc.) (“The Parking REIT”) announced today the closing of the merger (the “Merger”) of MVP Merger Sub, LLC, its wholly-owned subsidiary, with MVP REIT, Inc. (“REIT I”) and that it has been renamed as The Parking REIT, Inc.
Carter Validus Mission Critical REIT Completes Sale of Chicago Data Center
Carter Validus Mission Critical REIT, Inc. announced Thursday that it sold an approximately 250,000 square foot data center located on approximately nineteen acres of land in the Chicago, Illinois metropolitan, for $315,000,000 to an affiliate of Digital Realty Trust, LP (NYSE: “DLR”).
Blockchain Technology Is Making Waves, CRE Next?
The question is not “if?” but “when?” blockchain technology will be available to investors in commercial real estate.
KBS Real Estate Investment Trust III Announces $11.73 NAV Per Share
KBS REIT III announced a revised NAV per share of $11.73 as of December 6, 2017.
Which nontraded REIT merged with Apple Hospitality REIT, Inc. (APLE) on September 1, 2016, and what has been the resulting appreciation of the stock in the listed stock since the merger?
Answer: Apple REIT Ten, Inc. merged with Apple Hospitality REIT. On September 1, 2016, APLE closed at $18.51 per share. On December 8, 2017, APLE closed at $19.74 per share (+6.6%), with an estimated dividend yield of 6.06%.
Lightstone Value Plus REIT Announces New NAV and Charter Amendment Approval
On December 11, 2017, the board of directors determined and approved an estimated NAV of approximately $296.9 million and resulting estimated NAV per Share of $11.69, after allocations of value to special general partner interests, or SLP Units, in the Operating Partnership, held by Lightstone SLP, LLC, an affiliate of the REIT’s Advisor, assuming a liquidation event, both as of September 30, 2017.
Which nontraded REIT program consummated the sale of a portfolio of 10 properties to complete the liquidation of its portfolio, resulting in a final cash distribution to shareholders of $0.55 per share, on or around December 20, 2017?
Answer: Industrial Income Trust, Inc., which merged with an affiliate of Global Logistics Properties Limited on November 4, 2015.
KBS Strategic Opportunity REIT Announces NAV and $3.61 Special Dividend
KBS Strategic Opportunity REIT Announces NAV and $3.61 Special Dividend December 12, 2017 | James...
Loan extension amid holiday season gives Sears financial breathing room
Sears Holdings gained some breathing room amid the critical holiday shopping season with a pair of deals the struggling Hoffman Estates-based retailer said will give it more financial flexibility.
