Asset Manager News & Perspectives

June 24, 2020

Benefit Street Partners Realty Trust Reinstates DRIP, Declares Q2 Distribution

On June 23, 2020, Benefit Street Partners Realty Trust, Inc. (the “Company”) announced that the Company’s Amended and Restated Distribution Reinvestment and Stock Purchase Plan (the “DRIP”)...

June 24, 2020

REIT Stock Returns Mixed Last Week

Last week was a week of contrasts in the REIT universe. There had been a common pattern recently where most REIT property sectors moved more or less in line with each other...

June 24, 2020

Strategic Storage Trust IV Opens First Joint Venture Development with SmartCentres in the Greater Toronto Area

TORONTO, ONTARIO – June 23, 2020 – Strategic Storage Trust IV, Inc. (“SST IV”), a public non-traded real estate investment trust sponsored by an affiliate of...

June 23, 2020

Strategic Storage Trust IV Acquires 800-Unit Self Storage Facility in Southwest Florida

Punta Gorda – (Jun. 22, 2020) – Strategic Storage Trust IV, Inc., a public non-traded real estate investment trust sponsored by an affiliate of...

June 23, 2020

SmartStop Self Storage REIT Opens 12th Wholly-Owned SmartStop® Location in the Greater Toronto Area

TORONTO, ONTARIO – June 16, 2020 – SmartStop Self Storage REIT, Inc. (“SmartStop” or FKA Strategic Storage Trust II, Inc.), a self-managed and fully-integrated...

June 22, 2020

Some Types of Office Tenants are Returning Faster Than Others

An abrupt shift to remote working caused by the pandemic demonstrated that the bulk of office workers can work productively from home (at least during the initial...

June 22, 2020

Hines Global Income Trust Acquires Airbus Office and Industrial Complex in Madrid

Hines, the international real estate firm, is pleased to announce that Hines Global Income Trust (“Hines Global”) has acquired an office-industrial complex in Madrid through...

June 22, 2020

TRD Insights: Pandemic has sent over $20B in CMBS debt into special servicing

The number of CMBS loans transferred to special servicers has ballooned during the coronavirus crisis, and has totaled $21 billion in the last 90 days. And most of those troubled loans are...

June 22, 2020

COVID-19 Hits Self-Storage, But Market Is ‘Resilient’

The coronavirus pandemic has depressed rental activity in the $39 billion self-storage space and some tenants could vacate units, Cushman & Wakefield said in a midyear national...