AltsTech News
AltsTech News
ExchangeRight’s Essential Income REIT Successfully Becomes Publicly Reporting Company
ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, has announced the ExchangeRight Essential Income REIT has become a publicly reporting company as of June 26, 2023, expanding the REIT’s capacity to serve additional investors along with their registered representatives and advisors…
Digital Infrastructure: Real Estate for the Digital Age
In today’s “connected” data-driven world, digital infrastructure has become a critical component of our daily lives and an increasingly popular investment option for real estate investors. The expanding number of mobile and connected devices, combined with tremendous growth in data creation, analysis, and consumption, is catalyzing ongoing demand in the sector.
What percentage of the total assets held by 44 nontraded REITs as of March 31, 2023, were held by the largest five REITs, in terms of assets?
What percentage of the total assets held by 44 nontraded REITs as of March 31, 2023, were held by...
US Construction Spending Beats Expectations in May on Housing
U.S. construction spending increased more than expected in May as a severe shortage of houses for sale boosted outlays on single-family homebuilding…
East Resources Acquisition Company and Abacus Life Announce Completion of Business Combination
East Resources Acquisition Company (NASDAQ: ERES) (“ERES”), a publicly traded special purpose acquisition company, today announced the completion of its business combination with Abacus Life, a leading buyer of life insurance policies and a vertically integrated alternative asset manager specializing in specialty insurance products. ERES shareholders voted to approve the business combination at a meeting held on June 29, 2023.
Email Is Not Dead
Email Is Not Dead July 3, 2023 | Marketing Intent Evolving Your Email We recently learned that...
U.S. Multifamily Outlook: Rent Growth Remains Positive Despite Economic Uncertainty, Says Yardi Matrix
Multifamily rents continued to increase through the first half of 2023, despite challenges for the sector and continuing economic uncertainty. But job growth has remained robust and new households keep forming, creating apartment demand and ongoing rent growth…
Invitation Homes Nears a Deal for 2,000 Starwood Rentals
Starwood Capital Group is nearing an agreement to sell a portfolio of rental houses to Invitation Homes Inc., according to people familiar with the matter…
Blackstone Sells Nearly 14M SF of Industrial Properties for $3.1B
Blackstone has signed a definitive agreement with Prologis to sell its nearly 14 million square feet of industrial properties from its affiliated opportunistic real estate funds for $3.1 billion…
More than 72% of Rookie Advisors Still Fail out of the Industry: Cerulli
Teaming and better educational support could help improve poor success rates among rookie advisors and stave off a potential shortfall in advisors as more experienced colleagues retire…
Driven by Continued E-commerce Growth, Industrial Fundamentals are “Extremely Strong”
Bill Crooker, president and CEO of STAG Industrial, Inc. (NYSE: STAG), participated in a video interview at Nareit’s REITweek: 2023 Investor Conference, held in New York June 6-8…
Can the Regulation A Exemption be used for a syndicated offering?
Can the Regulation A Exemption be used for a syndicated offering? June 29, 2023 | Jim Raper |...
Newly Published Interval Fund, Tender Offer Fund & Nontraded LLC Performance Reports
Blue Vault is pleased to announce the publication of the following interval fund, tender offer...
Which nontraded REIT raised $284.5 million through its offering in Q1 2023, including reinvested distributions, for second place among all NTRs with open offerings in the quarter?
The answer is in Blue Vault’s comprehensive alternative investment database.
Caliber Expands its Internal Wholesale Team as the Firm Accelerates its Capital Markets Initiatives
CaliberCos Inc. (NASDAQ: CWD), a leading vertically integrated alternative asset manager, today announced the expansion of its internal wholesale team, which will significantly extend its reach into the Registered Investment Advisor (RIA) and independent broker-dealer channels…
Legion Capital Selects Wealthforge as Managing Broker-Dealer
Legion Capital Selects WealthForge as Managing Broker-Dealer June 27, 2023 | Heather Acey |...
May 2023 Reported Nontraded REIT Sales Up 11.3% from April 2023
Blue Vault received April 2023 sales totals for ten nontraded REIT program offerings as of June 25, 2023. Sales reported by those ten NTRs totaled $198.4 million, up 11.3% from $178.2 million in April for the same ten NTRs, and down 68% Y-O-Y from the $627.9 million in sales in May 2022…
Overmoon Hires Jen Ricci as Head of Retail Capital Markets
“We are incredibly excited to have Jen on the team at Overmoon as we develop partnerships with the best broker-dealers and RIAs in the country…”
Ashford Securities $500 Million In Capital Raised Since 2021
To date, over 88 independent broker-dealers and RIAs have utilized the investment products distributed by Ashford Securities.
Ashford Securities Announces $500 Million In Capital Raised Since 2021
Ashford Securities LLC (“Ashford Securities”), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) (“Ashford”), is pleased to announce that it has reached a milestone of $500 million, including $42.1 million from institutions, in capital raised in less than two years of serving investors via the independent broker-dealer and RIA distribution channels.
