Asset Manager News & Perspectives

February 14, 2018

Bluerock Residential Growth REIT Announces Share Repurchase Plan

In a February 14 press release, Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (the “Company”), an owner of highly amenitized multi-family communities, announced...

February 13, 2018

KBS Legacy Sells Two Multifamily Properties in Continuing Liquidation

KBS Legacy Sells Two Multifamily Properties in Continuing Liquidation February 13, 2018 | Sue Hatfield-Green | Blue Vault On February 8, 2018, KBS Legacy Partners Apartment REIT, Inc., sold Legacy at Valley Ranch and Crystal Park at Waterford, both multifamily properties, to Elite Street Capital Valley Ranch Equity DE, LLC, for $110.9 million. Legacy at…

February 13, 2018

Rodin Global Property Trust Purchases South Carolina Office Property

Rodin Global Property Trust, Inc., a public nontraded REIT, and Cantor Fitzgerald Investors, LLC,...

February 13, 2018

Understanding CNL Healthcare Properties’ New $10.32 NAV Per Share

CNL Healthcare Properties, a nontraded REIT focused on seniors housing and healthcare facilities, announced...

February 12, 2018

NTR Sales at $271 Million in January, Dominated by Blackstone REIT

NTR Sales at $271 Million in January, Dominated by Blackstone REIT February 12, 2018 | by James Sprow | Blue Vault Sales by nontraded REITs reported to Blue Vault for January totaled $271 million, almost exactly equal to $271 million in December 2017. Blackstone REIT reported sales of $163 million in January 2018, comprising 60%…

February 6, 2018

Independent broker-dealers are stepping up their game on recruiting from the wirehouses

Independent broker-dealers have narrowed the gap between themselves and the wirehouses and are able to attract more quality brokers from the Big Four.

February 2, 2018

CIM Group Acquires Cole Capital from VEREIT

VEREIT, Inc. (NYSE: VER) on February 1 announced that it closed the sale of Cole Capital ("Cole") to an affiliate of CIM Group. VEREIT is a publicly-traded real estate investment trust formerly known as American Realty Capital Properties Inc.

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.