Asset Manager News & Perspectives

February 1, 2018

Bluerock Value Exchange Appoints Josh Hoffman as President

Over the course of his career, [Josh Hoffman] has successfully completed more than 65 sponsored 1031 like-kind exchange security offering programs representing more than $1.4 billion in property value and more than 7.8 million square feet.

February 1, 2018

Update: United Development Funding IV to Settle Shareholder Lawsuit

In an article posted on Blue Vault’s website in December, 2017, entitled “How An Attack on a Nontraded REIT Sponsor Made a Hedge Fund Manager $60 Million,” we referred readers to a lawsuit filed by United Development Funding LP and its related companies accusing hedge fund manager J. Kyle Bass and his closely held company…

February 1, 2018

Carter Validus Mission Critical REIT II, Inc. Acquires Approximately $73 Million in Healthcare and Data Center Real Estate in the Month of December 2017

Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of high-quality data center and healthcare real estate, acquired properties during December 2017 for an aggregate contract purchase price of approximately $73 million, excluding closing costs and related fees.

January 30, 2018

Bluerock Capital Markets Reports 60% Growth in Capital Raise; Achieves Top 4 Ranking in Direct Investment Industry

Capital raised for BCM’s direct investment product suite grew by 60% in 2017, following a 160% increase in 2016.

January 26, 2018

Blue Vault Will Attend the FSI OneVoice 2018 Conference on January 29-31st

Stop by Booth #402 to see us!

January 22, 2018

REITs: Looking Back on 2017 and Looking Forward to 2018

The big story of 2017 for REIT investors was how dramatically they underperformed the broad stock market.

January 22, 2018

SmartStop Asset Management, LLC Acquires 345-Bed Student Housing Community Near University of Michigan Campus for $43.8 Million

“We are very pleased to complete the acquisition of this Class ’A’, institutional-quality student housing property located near one of the largest and most prestigious research universities in the country,” said H. Michael Schwartz, chief executive officer of SmartStop.

January 22, 2018

NorthStar REIT and NorthStar REIT II Shareholders Approve Merger

The stockholders of NorthStar Real Estate Income Trust, Inc. (“NorthStar I”) and NorthStar Real Estate Income II, Inc., (“NorthStar II”) voted to approve the mergers of NorthStar I and NorthStar II into Colony NorthStar Credit Real Estate, Inc. (“CLNC”) at special meetings on January 18.

January 22, 2018

Carter Validus Mission Critical REIT Announces $3.00 Special Distribution

Carter Validus Mission Critical REIT, Inc. (“the Company”) announced January 22 that its Board of Directors has declared a special distribution of $3.00 per share of common stock, subject to, and conditioned upon, all required third party consents and approvals.