AltsTech News

How many full-cycle events occurred in the nontraded REIT industry in 2023?

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Triton Pacific Affiliate Acquires 64-Unit KFC Portfolio in Central & Southeastern U.S.

This acquisition is a transformative addition to the existing Tasty Chick’n business, providing an opportunity to leverage the strong operations and historical performance of the acquired restaurants.

Go Store It Self Storage Opens State-of-the-Art Facility in Pico Rivera, Calif.

The new Go Store It Pico Rivera facility offers an expansive 48,000 square feet of rentable storage space, featuring over 600 units with climate-controlled options.

Bob Dake Named Principal at Sterling Organization

Mr. Dake has been an integral member of the leadership team at Sterling since joining the firm and has served as Chief Operating Officer of Sterling’s retail real estate platform for the past three years, primarily overseeing the property management, leasing, lease administration, construction and property marketing teams for the firm’s portfolio…

From Visibility To Trust: Elevating Your Firm In The Eyes Of Advisors

If you’re ready to enhance your trust-building efforts and forge stronger relationships with advisors, reach out to Marketing Intent.

Cox Capital Partners Announces Extension Date for Mini-Tender Offer for Common Stock of Franklin BSP Capital Corporation

Cox Capital Partners extends expiration date for Mini-Tender Offer of Franklin BSP Capital Corporation common stock. The Offer will now expire on June 14, 2024.

Healthcare Property Advisors Launches HPA Exchange LLC to Offer Healthcare Real Estate Investments to Individual Investors

HPA Exchange will target healthcare real estate within secondary growth markets that exhibit strong operating fundamentals, stable health system environments, and a growing aging population.

BlueGate Boat & RV Storage Opens Premier Facility in Mooresville, N.C.

The BlueGate Boat & RV Storage facility is a testament to quality and functionality. This facility ensures that recreational vehicles and equipment are stored in a safe, clean and secure environment.

CIM Group Sells The Argonne, 276-unit Apartment Building in Adams Morgan Neighborhood of Washington D.C.

The Argonne skirts the Columbia Heights neighborhood and is convenient to Washington DC’s many historic neighborhoods, cultural attractions, hubs of business and government, as well as parks, shopping, dining and entertainment.

Madison Capital Group Launches Madison Capital Markets, Providing Real Estate Investment Opportunities

With a track record of structuring exchanges totaling over $715 million in property value, Madison Capital Markets offers tailored investment solutions focusing on multifamily and self-storage properties and expertise across various real estate sectors.

Sealy Investment Securities Hires Kyle Castle to Oversee Sales in its West Region

Mr. Castle will oversee sales in the firm’s West region, where he will continue to cultivate his relationships with financial advisors and their accredited clients, as he has done for over a decade.

Demand for Stable Debt-Free Offerings Drives Full Subscription of ExchangeRight’s All-Cash DST

ExchangeRight All-Cash DST’s exit strategy aims to provide investors with a cash-out refinance option in addition to the ability to complete a 1031 exchange, 721 exchange, cash out, or a combination of these options.

As of year-end 2023, what percentage of nontraded REIT industry total assets were held by Blackstone Real Estate Income Trust, and how does it compare to year-end 2022?

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Private Credit: A Growling Alternative To Traditional Lending

READ TRITON PACIFIC’S FULL WHITE PAPER HERE

Pacific Oak Capital Markets Hires Industry Veteran Mike Baker as Senior Regional Vice President

“Mike is a fantastic addition to the Pacific Oak team,” said Jeff Kremin, president and managing director of distribution for Pacific Oak Capital Markets.

American Healthcare REIT (“AHR”) Announces First Quarter 2024 Results

American Healthcare REIT, Inc. is a self-managed real estate investment trust that acquires, owns and operates a diversified portfolio of clinical healthcare real estate properties, focusing primarily on outpatient medical buildings, senior housing, skilled nursing facilities and other healthcare-related facilities.

Griffin Capital Announces Construction Completion On A 335-Unit Multifamily Community In Mesa, AZ

Griffin Capital has successfully raised over $1.6 billion across its various Qualified Opportunity Zone Funds and currently manages a combined portfolio of 27 multifamily communities in various stages of construction and leasing, totaling over 9,400 units with an estimated total project cost of $3.1 billion.