AltsTech News
AltsTech News
FSI Wants Disclosure Regime for SEC’s Fiduciary Rule
The Financial Services Institute has suggested the SEC take a disclosure approach in drafting a uniform fiduciary rule as an alternative method to the best interest contract exemption put forth by the Department of Labor, ThinkAdvisor writes.
CNL’s BDC Corporate Capital Trust Plans Listing on NYSE
Corporate Capital Trust, a business development company, has commenced the final steps to prepare for the listing of the company’s shares of common stock on the New York Stock Exchange.
American Realty Capital Healthcare Trust III Seeks Vote on Liquidation Plan
American Realty Capital Healthcare Trust III Seeks Vote on Liquidation Plan November 1, 2017 |...
Hines Global REIT Declares November Distributions and Increases Redemptions for October
The board of directors of Hines Global REIT, Inc. has authorized the Company to declare distributions for the month of November 2017.
Carter Validus Mission Critical REIT II Announces Two Data Center Acquisitions
Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a public, non-traded real estate investment trust focused on assembling a diversified portfolio of net-leased data center and healthcare assets, announced on October 31 that it had acquired two data center properties on September 28, 2017 and September 29, 2017 for an aggregate $34.4 million contract purchase price, which excludes closing costs and related fees.
How many new Interval Funds have pending registrations with the SEC?
How many new Interval Funds have pending registrations with the SEC? Answer: 19 Interval...
5 Calls Wholesalers Need To Start Making
5 Calls Wholesalers Need To Start Making October 2017 | Wholesaler Masterminds What are you doing...
How many Interval Funds currently manage net assets in excess of $50.0 million?
Answer: 23 Interval Funds currently report net assets in excess of $50.0 million.
Inland Private Capital Corporation and Metro Storage LLC’s Strategic Relationship Results in Purchase and Management of 42 Self-Storage Properties Across 5 States
Inland Private Capital Corporation (“IPC”) and Metro Storage LLC (“Metro”) are pleased to announce that since February of 2016, the companies, through their strategic relationship, have facilitated the purchase of 42 self-storage properties, across five states, for programs sponsored by IPC.
Report: Securitized 1031 Exchange Programs to Raise Nearly $2 Billion in 2017
Securitized 1031 programs are on pace to raise $1.80 billion this year, according to the latest industry market report issued by Mountain Dell Consulting, a market research and analytics firm focused on the securitized 1031 exchange marketplace.
Black Creek Diversified Property Fund Sells Centerton Square in Philadelphia
On October 25, 2017, the REIT sold Centerton Square, a retail property in Philadelphia, for a total sales price of $129.6 million.
Griffin Capital Essential Asset REIT Approves $10.04 NAV
On October 27, the board of directors of Griffin Capital Essential Asset REIT, Inc., a public nontraded REIT, approved an estimated value per share of $10.04 based on the estimated value of the REIT’s assets less the estimated value of the REIT’s liabilities, divided by the approximate number of shares outstanding on a fully diluted basis, calculated as of June 30, 2017.
Healthcare Trust Arranges $150 Million in Financing
Healthcare Trust, Inc. (“HTI”) announced on Monday the close of approximately $150 million of additional advances under its existing Fannie Mae master credit facilities with KeyBank National Association and Capital One Multifamily Finance, LLC.
A Discussion with Bluerock About Interval Funds and Total Income + Real Estate Fund
Blue Vault asked Hoffman about some key metrics that can be applied to interval fund performance.
InvenTrust Shareholders Receive Third Party Tender Offer for $1.55 Per Share
InvenTrust Properties Corp. received a cash tender offer from Liquidity Partners Trust I for up to 2.0 million of InvenTrust’s common shares at $1.55 per share.
Phillips Edison Grocery Center REIT I Arranges $195 Million in 14 Secured Mortgage Loans
On October 23, 2017, 14 subsidiaries of Phillips Edison Grocery Center Operating Partnership I, L.P. (“PECO I OP”), and The Guardian Life Insurance Company of America, entered into 14 separate ten-year secured mortgage loans totaling $195 million.
What Interval Fund currently leads the sector with reported net assets of $4.95 billion?
Answer: Stone Ridge Trust II (Stone Ridge Reinsurance Risk Premium Interval Fund) reported net assets of $4,950,183,818 as of 07/31/17.
American Realty Capital New York City REIT Announces Lower NAV
On October 25, 2017, the independent directors of American Realty Capital New York City REIT, Inc. approved an Estimated Per Share NAV equal to $20.26 based on an estimated fair value of the Company’s assets less the estimated fair value of the Company’s liabilities, divided by 31,029,865 shares of common stock outstanding on a fully diluted basis as of June 30, 2017.
Broadstone Real Estate Files for $1 Billion Interval Fund Offering
Broadstone Real Estate Files for $1 Billion Interval Fund Offering October 27, 2017 | James Sprow...
It’s 6 Months Running For Price Declines
It’s 6 Months Running For Price Declines October 27, 2017 | Paul Bubny | GlobeSt.com ...

