AltsTech News
AltsTech News
NMHC, NAA Urge ‘Consistent Access’ To Debt
Testifying before a House subcommittee Thursday, the National Multifamily Housing Council’s chairman told lawmakers that private capital should dominate the apartment sector “wherever and whenever possible.”
SBIA Applauds House Committee Passage of BDC Modernization Legislation
Bipartisan Bill Would Increase Capital Access for American Small Businesses
Corporate Capital Trust Announces Commencement of Tender Offer
Offers to Purchase up to $185,000,000 of its Common Stock at $20.01 Per Share
House Passes Tax Bill in First Step Toward Historic Overhaul
The vote Thursday represents a key milestone in President Donald Trump’s quest to cut taxes for businesses and individuals — though challenges remain.
CRE Fares Well In House Of Representatives’ Tax Plan
“If the final bill is similar to the one introduced today, our industry will put more people to work modernizing and improving existing properties — office buildings, shopping centers, apartments, industrial properties — to meet the changing and growing needs of American businesses and consumers.”
In what year did the most Nontraded REITs begin new offerings?
Answer: Both 2010 and 2014 saw 15 new NTR offerings.
Which of CNL’s sponsored nontraded REIT programs had the highest average return to early investors from inception to its full-liquidity event?
Answer: CNL Retirement Properties which was acquired by Health Care Property Investors in 2006 had an average rate of return to early investors of 11.74% according to Blue Vault’s Nontraded REIT Full-Cycle Performance Study. The average distribution yield over the life of the REIT was 6.52% based upon the initial offering price. The common shares which originally sold for $10.00 were redeemed for $13.89.
Cole Real Estate Income Strategy Leads Perpetual Life REITs In 5-Year Average Returns
In 2Q17, perpetual life REITs, which are non-listed REITs that report daily or monthly net asset values, posted 1.6% quarterly returns and 6.0% trailing 12-month returns.
Investment Bankers Say REIT Outlook Remains Healthy
There’s a current of concern drifting through some in the investment banking community over what they view as a maturing real estate market recovery. On the other hand, many bankers see more of the same in 2018 as gross domestic product continues its path of modest growth combined with low interest rates and open debt markets.
Banks Ask If The End Of The Cycle Is Upon Us
Lodging Conference panelists said hurricanes will escalate prices and there is already an inordinate amount of hotel supply in Houston; also money is cheap, but some are waiting until the political uncertainty passes.
The Huge Difference Between Traded and Non-Traded REITs
Unlike the traded variety that can be sold immediately on a public exchange, non-traded REITS have no public market if you want to liquidate the shares, making them much more illiquid.
Schwab IMPACT: SEC Should Consider B/D-Only Rules
Investment advisors prefer that the SEC leaves the Investment Adviser’s Act fiduciary duty alone.
RIA Wholesaling Best Practices with Dennis Gallant
Total assets under management with RIAs is hard to pinpoint.
But all can agree it is substantial enough that more and more firms are newly deploying or expanding their RIA sales teams.
SEC Filings Part 2: A Closer Look at Some Key Issues
SEC Filings Part 2: A Closer Look at Some Key Issues November 15, 2017 | by Beth Glavosek | Blue...
Interval Funds Explained
What is an “interval fund”? Interval funds are SEC-registered closed-end funds that provide continuous offerings of their securities. They usually price and sell their shares daily, but do not list them on an exchange. They redeem shares by making periodic repurchase (tender) offers at net asset value in compliance with Rule 23c-3(b) of the Investment Company Act of 1940.
Through June 30, 2017, how many Nontraded REITS, both open and closed, recorded total capital raise since inception of more than $1.0 billion?
Answer: 23 NTRs passed the $1.0 billion threshold, led by InvenTrust Properties at $8.325 billion.
Industrial REIT CEO discusses biggest distribution challenges
Jim Cramer spoke to DCT Industrial Trust CEO Phil Hawkins about the real estate market in the age of e-commerce.
SAPVoice: Changing Blockchain Talk To Action: Two Steps For The Financial Industry
SAPVoice: Changing Blockchain Talk To Action: Two Steps For The Financial Industry October 31,...
Rodin Global Property Trust Updates NAV, Reports Capital Raised to Date
On November 8, 2017 the board of directors of Rodin Global Property Trust, a publicly registered nontraded REIT, approved an estimated net asset value as of September 30, 2017 of $24.89 per share for Class A Shares and Class I Shares and $24.88 per share for Class T Shares.
Markets Need a Single, Official Definition of “Fiduciary”
Regulators need to put forward a unified definition of fiduciary duty so that investors and advisors can have a fully informed debate on the matter.
