Asset Manager News & Perspectives
Phillips Edison Grocery Center REIT I Shareholders Approve Internalization September 27, 2017

Phillips Edison Grocery Center REIT I Shareholders Approve Internalization

Phillips Edison Grocery Center REIT I Shareholders Approve Internalization September 27, 2017 | Luke Schmidt | Blue Vault At its annual stockholders meeting on September 20, 2017, stockholders of Phillips Edison Grocery Center REIT I, Inc. approved the proposal, dated May 18, 2017, to approve the internalization of management of the company. The nontraded REIT…
Two New Finance REITs Launch September 27, 2017

Two New Finance REITs Launch

Two New Finance REITs Launch September 20, 2017 | Mark Heschmeyer | CoStar.com The ranks of alternative CRE lenders continue to grow as two new REITs launched this week: FS Credit Real Estate Income Trust, a nontraded REIT, and Tremont Mortgage Trust, publicly traded on the Nasdaq Exchange.  FS Credit REIT FS Credit Real Estate…
Four Top Concerns of Today’s Apartment Developers September 27, 2017

Four Top Concerns of Today’s Apartment Developers

Four Top Concerns of Today’s Apartment Developers September 26, 2017 | Bendix Anderson | National Real Estate Investor Nothing good lasts forever. Apartment sector experts are scanning the horizon for problems that could hurt their properties, even though apartment rents are still rising and the percentage of vacant apartments is still relatively low. Here are…
In Mixed Period for Hotel Sector, Procaccianti Launching REIT September 27, 2017

In Mixed Period for Hotel Sector, Procaccianti Launching REIT

In Mixed Period for Hotel Sector, Procaccianti Launching REIT September 21, 2017 | Mark Heschmeyer | CoStar.com Rhode Island-based Procaccianti Cos., owner of TPG Hotels & Resorts, is forming a new nontraded REIT to expand its hotel investments.  The move comes at a time when lodging REITs have fallen a bit out of favor with…
Family Offices Want to Play it Safe When Making Real Estate Bets September 27, 2017

Family Offices Want to Play it Safe When Making Real Estate Bets

Family Offices Want to Play it Safe When Making Real Estate Bets September 25, 2017 | John Egan | National Real Estate Investor Family offices have seen a slight dip in real estate allocations, but new data suggests they’re still sold on the asset class as an investment target. In a global report from UBS and Campden Research,…
InvenTrust Properties Acquires Kyle Marketplace September 26, 2017

InvenTrust Properties Acquires Kyle Marketplace

InvenTrust Properties Acquires Kyle Marketplace September 25, 2017 | Luke Schmidt | Blue Vault On September 28, 2017, InvenTrust Properties Corp. announced that it had acquired Kyle Marketplace, a 226,000 square foot H-E-B Plus-anchored center, for $59 million. “This transaction will allow us to continue to build our asset base and concentration in the high-growth…
Delay in Fiduciary Rule Implementation Causing Issues September 26, 2017

Delay in Fiduciary Rule Implementation Causing Issues

Delay in Fiduciary Rule Implementation Causing Issues September 25, 2017 | Luke Schmidt | Blue Vault The proposed delay in the implementation of the Labor Department’s fiduciary rule has created some issues that could hinder the financial services industry. This is due to the fact that multistate brokers and financial advisors may be forced to…
SEC Discloses Hack of System September 26, 2017

SEC Discloses Hack of System

SEC Discloses Hack of System September 25, 2017 | Luke Schmidt | Blue Vault On September 20, 2017, SEC Chairman, Jay Clayton disclosed in a statement that a hack was detected last year in its corporate filing system. The agency learned last month that the breach may have provided cybercriminals with corporate secrets from which…
Griffin Institutional Access Real Estate Fund Announces Distribution September 26, 2017

Griffin Institutional Access Real Estate Fund Announces Distribution

Griffin Institutional Access Real Estate Fund Announces Distribution September 25, 2017 | Luke Schmidt | Blue Vault On September 22, 2017, Griffin Capital Company, LLC announced on behalf of Griffin Institutional Access Real Estate Fund the third quarter distribution of $0.351 for Class A, $0.345 for Class C, $0.352 for Class I, $0.351 for Class…

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