AltsTech News
AltsTech News
What To Watch In The Tax Reform Process
Deductions for carried interest and mortgage interest are just two areas where the House and Senate packages part company with one another.
Legislation Benefitting Alternative Investments Gaining Steam
Current legislation that would broaden the definition of being an accredited investor is currently gaining steam in Congress.
Are Cooling SD Medical Rents The Start Of A Trend?
Supply and demand are still heavily weighted in the landlord’s favor and there’s very little speculative construction in the pipeline, so the decreasing medical-office rents the San Diego market saw in Q3 are likely just a temporary stall, Travis Ives, senior director of the healthcare practice group at Cushman & Wakefield, tells GlobeSt.com.
Commercial Property Update: Apartment Markets Led the Way in the Third Quarter
The apartment market led the way among commercial property markets in the third quarter, as robust demand pushed down the national vacancy rate and supported rent growth.
Steadfast Apartment REIT III Announces new CFO
On November 9, 2017, Steadfast Apartment REIT III, Inc. (the “Company”) announced it had appointed Kevin J. Keating as Chief Financial Officer of the Company.
New York REIT Declares Cash Liquidation Distribution
On November 9, 2017, New York REIT, Inc. (“NYRT”) announced a cash liquidating distribution of $2.07 per share to be paid on November 28, 2017 to shareholders of record as of November 20, 2017.
In what year did the Nontraded REIT sector record its highest total sales figure of $19.9 billion?
Answer: The sector reported sales of $19.9 billion in 2013, followed by $15.8 billion in 2014.
SEC Filings Part 1: What are All of Those Forms?
SEC Filings: What are All of Those Forms? November 10, 2017 | Beth Glavosek | Blue Vault Reading...
KBS Strategic Opportunity REIT Announces Dispositions
On November 8, 2017, KBS Strategic Opportunity REIT, Inc. (“KBS”), through 11 wholly owned subsidiaries, sold 11 of its properties to various subsidiaries of Keppel-KBS US REIT, a newly formed Singapore real estate investment trust that was listed on the Singapore Stock Exchange.
KBS REIT III Closes on $1.01 Billion Financing Facility
KBS Real Estate Investment Trust III (“KBS REIT III”), a non-traded real estate investment trust announced November 7 that it has closed on the largest financing facility in KBS’ history.
Fed holds off on rate hike, opens door to December
The Federal Reserve declined to raise interest rates at its policy meeting this week and said the late-summer hurricanes likely will not have much longer-term impact on overall economic activity.
Former American Realty Capital Properties CFO Sentenced for Accounting Fraud
On November 8, 2017, Brian Block, former CFO of American Realty Capital Partners, received a sentence of 18 months in federal prison for overstating the company’s financial results.
Pathway Energy Infrastructure Fund Restructures as Interval Fund, Expands Investment Focus
Pathway Energy Infrastructure Fund, Inc. announced on November 7, 2017 that it has converted to a continuously offered, closed-end interval fun structure and expanded its investment focus.
How does total capital raise in the Nontraded REIT sector compare between Q2 2017 and Q2 2016?
Answer: Total capital raise was $0.99 billion in Q2 2017 compared to $1.09 billion in Q2 2016.
Phillips Edison Grocery Center REIT I Increases Estimated Value per Share by 8%, Plans Name Change
The board of directors of Phillips Edison Grocery Center REIT I, Inc. have determined the estimated value per share of its common stock to be $11.00, as of October 5, 2017, representing an 8% increase from the previous estimated value per share of $10.20, as of March 31, 2017.
How many new Interval Funds have launched and been declared effective by the SEC through the first three calendar quarters of 2017?
Answer: 7 new Interval Funds have been declared effective through 09/30/17.
Commercial Property Prices: Froth, or Fundamentals?
Commercial property prices have risen steadily since the beginning of the recovery from the Great Financial Crisis (GFC). Prices through September were nearly 25 percent above the level at the end of 2007, according to the value-weighted CoStar Commercial Repeat Sales Index, while prices of multifamily properties were nearly 50 percent above their end-2007 value.
What Will Be the Impact of Retail Landlords Taking a Black Friday Holiday?
Over Thanksgiving weekend, Black Friday remains the most popular day for shopping.
InvenTrust Properties Receives Notice of Unsolicited Mini-Tender Offer
InvenTrust Properties, Inc. (“InvenTrust” or the “Company”) has received notice on October 30 that Liquidity Partners Trust I, a Delaware statutory trust, filed a Tender Offer Statement on Schedule TO with the Securities and Exchange Commission (“SEC”) regarding an unsolicited mini-tender offer (the “Offer”) to purchase shares of common stock of the Company.
FINRA Disciplines Three Realty Capital Ex-Salesmen in Proxy Fraud
According to an article by Bruce Kelly in InvestmentNews on November 7, the Financial Industry Regulatory Authority Inc. (“FINRA”) on Monday, November 6, barred two former Realty Capital Securities salesmen involved in the 2015 proxy fraud that led to the eventual closing of that firm, and last week suspended a third former Realty Capital salesman for two years.

