AltsTech News

AltsTech News

Peakstone Realty Trust Shares Log Big Gains in Week Ended June 16

Share prices for US equity real estate investment trusts rose alongside the broader market during the week ended June 16. The Dow Jones Equity All REIT index finished the week up 1.25%, while the Dow Jones Industrial Average was up 1.25% and the S&P 500 climbed 2.58%. By property sector, the Dow Jones US Real Estate Industrial index recorded the largest increase, up 2.54%. The apartment and retail indexes followed, each up 0.99%…

Seeing the Effects of Higher Interest Rates on Housing Supply

Fewer builders are starting new homes amid high prices for materials and loans, and the trends are threatening housing shortages. The Fed is fighting inflation today at the cost of boosting inflation in the future. High interest rates hurt construction because they make it more expensive for developers to build…

Tax Advantages of Public Nonlisted REITS

The tax laws applicable to non-listed REITs may reduce, defer or eliminate taxes. We’ll explain each of the potential tax advantages and also provide some hypothetical examples of how they work together…

Capital Square Multifamily Portfolio Reports 94.8% Occupancy at End of First Quarter 2023

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, reported multifamily operational results as of the close of the first quarter 2023. Capital Square’s multifamily portfolio is comprised of 55 residential communities totaling nearly 14,000 units located primarily in the Southeastern United States…

NAV REITs Report Negative Median Total Returns for May

The median monthly total return for 16 continuously offered nontraded REIT programs (“NAV REITs”) was negative in May at -0.46% compared to negative 0.03% in April. Five of the 16 reported positive total returns…

Trends in Single-Family BTR Communities

Is the sector benefitting from prohibitive housing costs or offering would-be buyers an alternative? In a year rife with challenges to all asset classes, single-family build-to-rent communities have been a case study in adaptability…

How REITs Hedge Variable Rate Debt

With the rise in interest rates since March 2022 when the Federal Reserve first began implementing rate hikes, nontraded REITs have faced challenges…