AltsTech News
AltsTech News
Warehouse, infrastructure owners buck sluggish REIT market
While the broader stock market has been steadily racking up gains and posting new highs, companies that own real estate have been lagging, with some notable exceptions.
Griffin Capital Essential Asset REIT Announces Sale of DreamWorks Animation’s Headquarters and Studio Campus
Griffin Capital Company, LLC (“Griffin Capital”) announced today, on behalf of Griffin Capital Essential Asset REIT, Inc. (the “REIT”), the sale of DreamWorks Animation’s Headquarters and Studio Campus, a five-building, 460,000 square foot property (the “Property”) located in Glendale, California, for $290 million.
6 Ways Millennials Are Influencing The Multifamily Market Of The Future
As the largest living generation in the U.S., millennials play a major role in shaping multifamily real estate trends.
What percentage of total assets are Business Development Companies required to invest in U.S.-based private companies?
Answer: BDCs are required to invest at least 70% of their total assets in U.S.-based private companies.
Strategic Storage Trust IV Acquires 480-Unit Self Storage Facility on Texas’ Gulf Coast
Strategic Storage Trust IV Acquires 480-Unit Self Storage Facility on Texas’ Gulf Coast November...
In what year did the first NFL Football game take place on Thanksgiving Day?
Answer: The first Thanksgiving professional football games were played November 25, 1920.
When Local Stores are Digital Too
Offline retail is finally about to change. But the shift is more subtle than many people think.
Griffin Capital Essential Asset REIT II Reports Third Quarter of 2017 Results
Griffin Capital Essential Asset REIT II, Inc. (the “REIT”) announced its operating results for the third quarter of 2017.
Construction Costs Rise for Apartment Projects
The cost of materials important to the construction of apartments rose 3.6 percent over the year that ended in September, according to the producer price index from the Bureau of Labor Statistics.
Midwestern Multifamily Real Estate Is A Real Rollercoaster
Chicago multifamily real estate is struggling with flat rent growth in downtown submarkets, a packed pipeline through 2019, and rising construction and labor costs.
What’s Ahead for CBL as it Faces Ratings Downgrades?
CBL has been facing pressure to grant tenants rent concessions, says Ana Lai, primary credit analyst at S&P.
Questions Remain for FAs Pondering New Tax Bills
Plenty of questions have been left on the table over how the latest round of Washington tax bills will affect financial advisors — particularly those set up as partnerships and other pass-through entities, InvestmentNews writes.
In what year did the most Nontraded REITs begin new offerings?
Answer: Both 2010 and 2014 saw 15 new NTR offerings.
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.

