KBS Legacy Partners Apartment REIT Sells 301-Unit Apartment Complex in Charlotte, N.C. February 7, 2017 | James Sprow | Blue Vault KBS Legacy Partners Apartment REIT Inc., through its subsidiaries, agreed to sell Wesley Village in Charlotte, N.C., and the adjacent 3.8-acre land parcel to Bluerock Real Estate LLC, for $57.7 million. The deal was…
Asset Manager News
February 7, 2017
Lightstone Value Plus REIT III Acquires Joint Venture in Tiburon, California Apartments
Lightstone Value Plus REIT III Acquires Joint Venture in Tiburon, California Apartments February 7, 2017 | James Sprow | Blue Vault Lightstone Value Plus REIT III Inc., Lightstone Real Estate Income Trust Inc. and Maximus Cove Investor LLC signed a joint venture agreement to acquire RP Cove LLC's stake in The Cove at Tiburon, Calif., for…
Moody National REITs II and Moody National REIT I Enter into Stockholder Servicing Coordination Agreement
Moody National REITs II and Moody National REIT I Enter into Stockholder Servicing Coordination Agreement February 7, 2017 | by James Sprow | Blue Vault In connection with the merger of Moody National REITs I and II, the surviving Company has entered into a Stockholder Servicing Coordination Agreement, dated as of February 2, 2017, with…
February 7, 2017
Apartment Renters Are Getting Older
Apartment Renters Are Getting Older SAN DIEGO—One-third of Millennials aren’t even looking for apartments yet, which bodes well for the future of the industry, Steadfast’s Ella Shaw Neyland tells attendees at NMHC’s Annual Meeting yesterday. January 26, 2017 | by CARRIE ROSSENFELD | GlobeSt.com SAN DIEGO—One-third of Millennials aren’t even looking for apartments yet, which bodes well…
February 7, 2017
3 Reasons For Optimism In Senior Housing Finance in 2017
3 Reasons For Optimism In Senior Housing Finance in 2017 January 29, 2017 | by Alana Stramowski | Senior Housing News Senior housing players have some reasons to be optimistic about financing looking toward the year ahead. The positive outlook stems from the Trump administration’s talk of deregulation, along with interest rate action and real estate investment…
February 6, 2017
Realty Finance Trust Inc. Changes Name to Benefit Street Partners Realty Trust Inc.
Realty Finance Trust Inc. Changes Name to Benefit Street Partners Realty Trust Inc. February 6, 2017 | James Sprow | Blue Vault In a filing with the SEC on February 3, 2017, Realty Finance Trust Inc changed its business name to Benefit Street Partners Realty Trust Inc. through a charter amendment effective January 30. The…
February 6, 2017
American Finance Trust, Inc. Finalizes Disposition of Three Properties
American Finance Trust, Inc. Finalizes Disposition of Three Properties February 6, 2017 | James Sprow | Blue Vault On February 3, 2017, American Finance Trust, Inc. reported it had consummated on January 31, the previously reported disposition of three properties in Hopewell, New Jersey, leased to Merrill Lynch, Pierce, Fenner & Smith. The contract…
Final Trump memo lacks explicit directive to delay DOL fiduciary rule
Final Trump memo lacks explicit directive to delay DOL fiduciary rule A final version of the document does not direct the DOL to delay the rule for six months, nor does it tell the agency to consult with the Department of Justice to seek a stay of the litigation surrounding the rule Feb 3, 2017…
February 6, 2017
FS Investments appoints head of capital markets and IR
FS Investments appoints head of capital markets and IR February 3, 2017 | hedgeweek Alternative asset manager FS Investments has appointed Chris Condelles as head of capital markets and investor relations (IR). Condelles will serve as an executive vice president based in the firm’s Philadelphia headquarters. In his new role, Condelles will help expand…
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