AltsTech News
AltsTech News
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.
The Reinvention Of Physical Retail Is Here — 7 Things To Know As Of Q3
Contrary to popular belief, the retail industry is not on its last legs.
NTR Sales Up 3.4% in October While BDC Sales Fall 35%
Sales by nontraded REITs were up 3.4% in October compared to September. October sales of $291.9 million reported to Blue Vault by nontraded REIT sponsors were up from $282.2 million in September.
Triloma EIG Energy Income Funds Invest in Felix Energy
Triloma EIG Energy Income Fund and Triloma EIG Energy Income Fund – Term I (the “Funds”) announced today their participation, alongside certain other private funds and accounts managed by EIG Global Energy Partners (“EIG”), in up to $225 million of a $300 million Senior Secured First Lien Note issuance by Felix Investments Holdings II, LLC (“Felix”).
FS Appoints Ryan Robertson as National Sales Manager
FS Investments, a leading alternative asset manager with more than $20 billion in assets under management, today announced that it has hired Ryan Robertson as the firm’s National Sales Manager reporting directly to Steve DeAngelis, Executive Vice President and Head of Distribution.
Steadfast Income REIT Enters Joint Venture with Blackstone REIT
Steadfast Income REIT, Inc. (“SIR”) announced November 13 that it has entered into a joint venture arrangement with Blackstone Real Estate Income Trust, Inc. (“BREIT”) with respect to 20 of the 63 apartment communities owned by SIR. In the transaction, BREIT will acquire a 90 percent ownership interest in the 20-apartment community portfolio for approximately $460.8 million in cash and debt assumption.
What percentage of total capital raise in the Nontraded REIT sector was recorded by the top 4 Nontraded REITs in Q2 2017?
Answer: 70.1% of total capital raise came from the following four NTRs: Blackstone Real Estate Income Trust ($412.1 million), Industrial Property Trust ($99.8 million), Griffin-American Healthcare REIT IV ($95.0 million), and Carter Validus Mission Critical REIT II ($93.5 million).
Summit Healthcare REIT Acquires Facilities
On November 13, 2017, Summit healthcare REIT, Inc. (“Summit”) announced it has acquired an interest in six skilled nursing/assisted living/independent living facilities throughout Iowa on November 8, 2017.
VEREIT To Sell Cole Capital to an Affiliate of CIM Group
VEREIT, Inc. (NYSE: VER) (“VEREIT”) , a full-service real estate operating company, and CIM Group, an integrated, full-service real assets investment manager, today announced the signing of a purchase agreement for the sale of Cole Capital (“Cole”), VEREIT’s investment management business, to an affiliate of CIM Group (together with CIM Group, “CIM”).
Six Strategies of Top Earning Advisors
Research from iCapital Network has identified the principal business strategies shared by the top 5 percent of advisors—those consistently earning $1 million or more in annual income.
Since 1990, which sponsor has raised the most capital in the Nontraded REIT sector?
Answer: AR Global (American Realty Capital) has raised a total of $17.9 billion, followed by Inland Real Estate Investment Corp at $14.6 billion.
CRE market outlook takes slight dip nationwide: Moody’s
The supply-demand outlook in commercial real estate markets took a slight dip nationwide for the first time since early 2016 and financing for some CRE property types is getting more difficult to arrange.
E-Commerce Is Driving Industrial Development to Record Highs
Approximately 277 million sq. ft. of industrial space is currently under construction.
Official Washington Takes Aim At Simplifying HVCRE Rule
With both Congress and the main US regulatory agencies addressing the confusion surrounding HVCRE, hopefully there will be some relief for banks and their CRE borrowers.

