The apartment market led the way among commercial property markets in the third quarter, as robust demand pushed down the national vacancy rate and supported rent growth.
November 10, 2017
Asset Manager News & Perspectives
November 10, 2017
November 10, 2017
Steadfast Apartment REIT III Announces new CFO
On November 9, 2017, Steadfast Apartment REIT III, Inc. (the “Company”) announced it had appointed Kevin J. Keating as Chief Financial Officer of the Company.
November 10, 2017
New York REIT Declares Cash Liquidation Distribution
On November 9, 2017, New York REIT, Inc. (“NYRT”) announced a cash liquidating distribution of $2.07 per share to be paid on November 28, 2017 to shareholders of record as of November 20, 2017.
November 9, 2017
KBS Strategic Opportunity REIT Announces Dispositions
On November 8, 2017, KBS Strategic Opportunity REIT, Inc. (“KBS”), through 11 wholly owned subsidiaries, sold 11 of its properties to various subsidiaries of Keppel-KBS US REIT, a newly formed Singapore real estate investment trust that was listed on the Singapore Stock Exchange.
November 9, 2017
KBS REIT III Closes on $1.01 Billion Financing Facility
KBS Real Estate Investment Trust III ("KBS REIT III"), a non-traded real estate investment trust announced November 7 that it has closed on the largest financing facility in KBS' history.
November 9, 2017
Fed holds off on rate hike, opens door to December
The Federal Reserve declined to raise interest rates at its policy meeting this week and said the late-summer hurricanes likely will not have much longer-term impact on overall economic activity.
November 9, 2017
Former American Realty Capital Properties CFO Sentenced for Accounting Fraud
On November 8, 2017, Brian Block, former CFO of American Realty Capital Partners, received a sentence of 18 months in federal prison for overstating the company’s financial results.
November 9, 2017
Pathway Energy Infrastructure Fund Restructures as Interval Fund, Expands Investment Focus
Pathway Energy Infrastructure Fund, Inc. announced on November 7, 2017 that it has converted to a continuously offered, closed-end interval fun structure and expanded its investment focus.
November 9, 2017
Phillips Edison Grocery Center REIT I Increases Estimated Value per Share by 8%, Plans Name Change
The board of directors of Phillips Edison Grocery Center REIT I, Inc. have determined the estimated value per share of its common stock to be $11.00, as of October 5, 2017, representing an 8% increase from the previous estimated value per share of $10.20, as of March 31, 2017.
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.
