AltsTech News
AltsTech News
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.
RENTCafe study shows seniors increasingly embracing renting
Millennials get most of the press when it comes to the nation’s multifamily market, with young adults choosing to rent longer in such markets as Indianapolis, Chicago, Minneapolis, Lexington and Detroit. But new research from RENTCafe suggests that another generational group is fueling the multifamily market, too, Baby Boomers.
US Listed REITs Trading at 4.6% Median Discount to NAVs as of October 31
SNL analyzes publicly traded U.S. equity real estate investment trusts with market caps greater than $200 million and compares their stock prices to the analysts’ consensus estimates of net asset value per share (NAV).
TCW Insight Article “REITS: Poised for Outperformance?”
In a Viewpoint article published on November 6, TCW researchers Brivanlou and Tawinganone make a case for REITs to rebound significantly relative to broader market equities over the near- to medium- term.
Griffin-American Healthcare REIT IV Acquires Nine-Property Central Florida Portfolio
Griffin-American Healthcare REIT IV Inc. completed the acquisition of a 1,140-unit, nine-property seniors housing portfolio in central Florida from New Senior Investment Group for roughly $110 million, at a capitalization rate of 7.03 percent.
Green Street Commercial Property Price Index Down 1% in October
The Green Street Commercial Property Price Index declined by 1% in October.
Increasing Japanese Investment in U.S. Commercial Real Estate
In an exclusive article by Tom Yeatts at SNL, we learn that Japanese institutional investors are once again upping their investment in U.S. commercial real estate, totaling $1.27 billion in the first half of 2017, a 23% year-over-year increase.
GDPNow Model Forecast for Real GDP Growth
The growth rate of real gross domestic product (GDP) is a key indicator of economic activity, but the official estimate is released with a delay.
What Interest Rate Hikes Mean for Multifamily Real Estate Owners
The 10-year Treasury yield increased 67 basis points in the 15 months from July 2016 to mid-October this year (closing at 2.37 yesterday), in the course of which the overnight rate has increased three times, in December, March and June.
How Will Tax Reform Affect HNW Real Estate Investors?
The 1031 exchanges will likely survive the tax debate, experts say.
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.
TIAA Plans to Introduce a Nontraded REIT
TIAA’s London-based real estate arm is introducing a nontraded real estate investment trust in the coming months, PERE News reported, citing unnamed sources familiar with the vehicle.
How did the median debt ratio for Open Nontraded REIT programs in Q2 2017 compare to Q2 2016?
Answer: The median debt ratio was 42.8% at Q2 2017 compared to 45.5% at Q2 2016.
Building My Practice: What Farmers and Financial Advisors Have in Common
Ron Carson on Why Advisors Should Embrace Complexity.
Which Nontraded REIT program led the industry in DRIP proceeds YTD through Q2 2017?
Answer: Cole Credit Property Trust IV, Inc. reported $51.7 million in DRIP proceeds YTD.

