Asset Manager News- Page 354 of 526

Asset Manager News

February 2, 2018

SmartStop Asset Management, LLC Announces the Acquisition of a 760-Bed Student Housing Community Near University of South Carolina for $64.5 Million

SmartStop Asset Management, LLC (SmartStop) announced today that certain of its affiliates have acquired Aspyre at Assembly Station, a 400-unit, 760-bed student housing community for $64.5 million. The property is within walking distance of the University of South Carolina.

February 2, 2018

Strategic Storage Growth Trust, Inc. Acquires 870-Unit Newly Constructed Self Storage Facility Near Miami, Florida

Strategic Storage Growth Trust, Inc., a public non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, announced today its purchase of an 870-unit self storage facility in the Miami suburb of Pembroke Pines, Florida. The facility was completed in early 2018.

February 2, 2018

Bluerock Residential Growth REIT (BRG) Fourth Quarter 2017 Earnings, Conference Call Set for February 14

Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the "Company" or "BRG") will release its financial results for the fourth quarter ended December 31, 2017 before the market opens on Wednesday, February 14, 2018.

February 1, 2018

Bluerock Value Exchange Appoints Josh Hoffman as President

Over the course of his career, [Josh Hoffman] has successfully completed more than 65 sponsored 1031 like-kind exchange security offering programs representing more than $1.4 billion in property value and more than 7.8 million square feet.

February 1, 2018

Update: United Development Funding IV to Settle Shareholder Lawsuit

In an article posted on Blue Vault’s website in December, 2017, entitled “How An Attack on a Nontraded REIT Sponsor Made a Hedge Fund Manager $60 Million,” we referred readers to a lawsuit filed by United Development Funding LP and its related companies accusing hedge fund manager J. Kyle Bass and his closely held company…

February 1, 2018

Carter Validus Mission Critical REIT II, Inc. Acquires Approximately $73 Million in Healthcare and Data Center Real Estate in the Month of December 2017

Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of high-quality data center and healthcare real estate, acquired properties during December 2017 for an aggregate contract purchase price of approximately $73 million, excluding closing costs and related fees.