Asset Manager News
9,540 Units Trade in Largest Self Storage Sale so Far This Year June 9, 2016

9,540 Units Trade in Largest Self Storage Sale so Far This Year

Strategic Storage Trust II Acquires 11 Facilities in Florida, Baltimore in First of Two-Phase Acquisition By Mark Heschmeyer | June 8, 2016 | CoStar Strategic Storage Trust II Inc. (SST II) locked up the largest self storage property sale so far this year with the $275 million purchase of 11 facilities in Florida and Maryland totaling…
Hines Exploring Potential Sale of Nearly $5 Billion in Holdings June 9, 2016

Hines Exploring Potential Sale of Nearly $5 Billion in Holdings

    Two Properties Already Under Contract for $613 Million as Global Investor Tests Market for Pair of its Sponsored Non-Traded REITs By Mark Heschmeyer | June 8, 2016 |CoStar Global real estate investment firm Hines is joining the ranks of major institutional investors seeking to cash in some of their longer-held investments and lock-in returns…
NexPoint Capital, Inc. Announces Tender Offer For Common Stock June 8, 2016

NexPoint Capital, Inc. Announces Tender Offer For Common Stock

    Jun 01, 2016, 08:30 ET from NexPoint Capital, Inc. DALLAS, June 1, 2016 /PRNewswire/ -- NexPoint Capital, Inc. (the "Company"), a non-traded publicly registered business development company and affiliate of Highland Capital Management, L.P., today announced that it will commence a voluntary tender offer on or about June 1, 2016 (the "Tender Offer")…
RREEF Property Trust Names New Dealer Manager for Follow-On Offering June 8, 2016

RREEF Property Trust Names New Dealer Manager for Follow-On Offering

    Jun 08 2016 | by DI Wire RREEF Property Trust Inc., a publicly registered daily NAV non-traded real estate investment trust, appointed Deutsche AM Distributors as the dealer manager for its follow-on offering. The current dealer management agreement with SC Distributors will expire on July 1st, the last day of the offering. Deutsche…
Big self-storage facility planned for Stoney Creek June 8, 2016

Big self-storage facility planned for Stoney Creek

    A new self-storage facility is rising in Stoney Creek. The vacant site, at 365 Fruitland Rd., was acquired earlier this year by Strategic Storage Growth Trust, sponsored by SmartStop Asset Management. The facility on 3.7 acres (1.5 hectares) will be developed into approximately interior-loaded 780 units in a climate controlled, two-storey building. Completion…
Phillips Edison Grocery Center REIT I, Inc. Acquires Grocery-Anchored Shopping Center June 8, 2016

Phillips Edison Grocery Center REIT I, Inc. Acquires Grocery-Anchored Shopping Center

    June 06, 2016 12:00 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT I, Inc. (the “Company”) today announced the strategic acquisition of a grocery-anchored shopping center, expanding the Company’s portfolio in Massachusetts. Northwoods Crossing is a 159,562 square foot grocery store-anchored shopping center in Taunton, Massachusetts, a suburb 40 miles south…
Phillips Edison Grocery Center REIT II, Inc. Acquires Six Grocery-Anchored Shopping Centers in Five States June 6, 2016

Phillips Edison Grocery Center REIT II, Inc. Acquires Six Grocery-Anchored Shopping Centers in Five States

    June 06, 2016 12:00 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced the strategic acquisition of six grocery-anchored shopping centers, expanding the Company’s portfolio in Florida, Massachusetts, Connecticut, Texas and Nevada. Crosscreek Village is a 66,660 square foot grocery store-anchored shopping center in St. Cloud,…
NorthStar/RXR Announces Initial Investment June 6, 2016

NorthStar/RXR Announces Initial Investment

  Jun 01, 2016, 16:05 ET from NorthStar/RXR New York Metro Real Estate, Inc. NEW YORK, June 1, 2016 /PRNewswire/ -- NorthStar/RXR New York Metro Real Estate, Inc. (NorthStar/RXR) announced today that it made its initial investment by acquiring an indirect minority interest in 1285 Avenue of the Americas, a commercial office building in midtown…
Suniland Shopping Center in Pinecrest Sells for $56M Profit June 6, 2016

Suniland Shopping Center in Pinecrest Sells for $56M Profit

Purchased for $10.4M BY JOSH BAUMGARD JUN 1, 2016, 12:41P Suniland Shopping Centervia Terranova Terranova’s Suniland Associates Ltd. just sold Suniland Shopping Center for a whopping $66.5 million to Denver-based Dividend Capital Diversified Property Fund. The 82,000-square-foot property was originally purchased beginning 22 years ago in two transactions, notes the release, in 1994 for $9.3…

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.

Learn Why