Asset Manager News- Page 348 of 526

Asset Manager News

April 16, 2018

Griffin Capital Essential Asset REIT Acquires McKesson Scottsdale Campus

Griffin Capital Company, LLC announced today, on behalf of Griffin Capital Essential Asset REIT, Inc. (the “REIT”), the acquisition of the McKesson Scottsdale Campus consisting of two, two-story, Class A office buildings, at a purchase price of $67.0 million from Ryan Companies US, Inc.

April 16, 2018

In Age of Amazon, You Could Invest in Tech—or in Warehouses

Forget your fancy office towers. The future lies in warehouses.

April 15, 2018

SEC Working to Modernize and Streamline Real Estate-Related Disclosures

Sonia Barros, assistant director, division of corporation finance, at the Securities and Exchange Commission (SEC), participated in a video interview at Nareit's REITwise: 2018 Law, Accounting & Finance Conference in Hollywood, Florida.

April 14, 2018

CNL Healthcare Properties II ‘s $10.06 NAV On Track with CNL Healthcare Properties’ NAVs

When the board of directors of CNL Healthcare Properties II announced the estimated NAV per share for all share classes as of December 31, 2017, at $10.06, it followed a pattern in NAV appreciation observed earlier with CNL Healthcare Properties, Inc.

April 11, 2018

NTR Sales at $326.2 Million in March, Down 8% From February

Sales by nontraded REITs reported to Blue Vault for March totaled $326.25 million, down 8% from the February total of $354.5 million.

April 10, 2018

Griffin-American Healthcare REIT Determines NAV, Revises Offering Price

Griffin-American Healthcare REIT IV, Inc. has announced an estimated per share net asset value (NAV) of $9.65 for shares of the company’s Class T and Class I common stock.

April 10, 2018

FS Investments Closes Transaction with EIG

FS Investments (FS) and EIG Global Energy Partners (EIG) have announced the closing of their previously announced transaction to manage FS Energy and Power Fund (FSEP), said to be the largest energy-focused BDC in the marketplace with $4.3 billion in assets under management.

April 10, 2018

Business Development Corporation of America (BDCA) to Participate in Acquisition of $981.2 Million Portfolio

Through its affiliated relationships, which include Benefit Street Partners (BSP) and BDCA Adviser, Business Development Corporation of America (BDCA) has announced that it has entered into an asset purchase agreement with Triangle Capital Corporation.

April 10, 2018

Third-PartyTender Offer for InvenTrust Common Stock and Increased Distribution Rate

Liquidity Partners Trust I has offered to pay $3.1 million to shareholders of InvenTrust Properties Corp. to purchase up to 2 million shares of the company's common stock at $1.55 per share.