Self-Storage Builds Rise By 50% Y-O-Y October 4, 2017 | Paul Bubny | GlobeSt.com LOS ANGELES–“New construction is the hot topic in the self-storage sector,” says R. Christian Sonne, EVP of the self-storage valuation group within CBRE’s valuation & advisory services platform. “While some investors are concerned about the level of new construction, overall supply and demand…
Asset Manager News
October 11, 2017
Summit Healthcare REIT, Inc. Recommends Rejection of MacKenzie Tender Offer
Summit Healthcare REIT, Inc. Recommends Rejection of MacKenzie Tender Offer October 10, 2017 | James Sprow | Blue Vault In a letter to shareholders, Summit Healthcare REIT, Inc. (“Summit”) recommended that its shareholders reject the unsolicited mini-tender offer by MacKenzie Realty Capital (“MacKenzie”) to purchase its shares for $1.34 per share. In the letter, Summit…
Retirement of American Finance Trust and ARC New York City REIT’s CFO Nicholas Radesca
Retirement of American Finance Trust and ARC New York City REIT’s CFO Nicholas Radesca October 10, 2017 | James Sprow | Blue Vault On October 5, 2017, Nicholas Radesca notified the boards of directors of American Finance Trust, Inc. (“AFT”) and American Realty Capital New York City REIT, Inc. (“ARCNYC”) that he intends to retire…
CNL Growth Completes Liquidation of Portfolio
CNL Growth Completes Liquidation of Portfolio October 10, 2017 | James Sprow | Blue Vault As previously reported in an 8-K filed with the SEC on July 7, 2017, the joint venture of an operating subsidiary of CNL Growth Properties, Inc. and Daniel Haywood, LLC, an Alabama limited liability company, entered into a purchase and sale…
October 9, 2017
Griffin Capital Essential Asset REIT Refinances $294 Million Portion of Credit Facility
Griffin Capital Essential Asset REIT Refinances $294 Million Portion of Credit Facility October 5, 2017 | James Sprow | Blue Vault Griffin Capital Essential Asset REIT utilized ten special purpose entities that own ten properties owned by the operating partnership of the REIT, entering into a loan agreement with Bank of America secured by properties…
October 9, 2017
Green Street Property Price Index Unchanged in September
Green Street Property Price Index Unchanged in September October 5, 2017 | James Sprow | Blue Vault The Green Street Commercial Property Price Index was unchanged in September. Over the past year, the index has barely moved, as modest increases to capitalization rates have offset growing rental income. “Some properties have been stronger, but when…
October 9, 2017
FS Investment Corp. III Files for Offering of Common Stock Through Institutional Channel
FS Investment Corp. III Files for Offering of Common Stock Through Institutional Channel October 6, 2017 | James Sprow | Blue Vault The company is offering shares of its common stock on a continuous basis up to 106,675,012 shares pursuant to a prospectus filed with the SEC on October 5, 2017. The shares are offered…
October 9, 2017
InvenTrust Evaluates Impact of Hurricanes on Portfolio
InvenTrust Evaluates Impact of Hurricanes on Portfolio October 6, 2017 | James Sprow | Blue Vault In a letter to stockholders on October 6, InvenTrust announced the results of a complete evaluation of properties in the path of the hurricanes that hit Houston and Florida. The REIT owns 19 properties in Houston and Florida, and…
October 9, 2017
Phillips Edison Grocery Center REIT I Internalizes Management
Phillips Edison Grocery Center REIT I Internalizes Management October 6, 2017 | James Sprow | Blue Vault Phillips Edison Grocery Center REIT I Inc. (PECO I) said on October 5 that it had completed the acquisition of certain real estate assets and the third-party asset management business of its former sponsor and external advisor, Phillips…
Don't miss alts news and educational events. Subscribe Now
Browse Learning Opportunities
THE BLUE VAULT MINUTE
Insights for advisors from advisors
Webinars
Asset managers, service providers and Blue Vault on alts topics
Podcasts
Breaking down alts one-on-one with asset managers and service providers
Videos
Short, impactful clips from webinars, podcasts and events
The alternative investments industry is
expected to grow to $17 trillion by 2025.
