Asset Manager News & Perspectives
1031 Exchanges: To Be or Not to Be Eliminated? May 26, 2017

1031 Exchanges: To Be or Not to Be Eliminated?

1031 Exchanges: To Be or Not to Be Eliminated? May 17, 2017 | by Alexandra Pacurar | Commercial Property Executive  The pressure to reduce rates and find revenue offsets has put 1031 exchanges on the chopping block as part of the Trump administration's potential tax reform. But some experts believe that the likelihood of a repeal…
Carter Validus Mission Critical REIT II, Inc. Acquires $16.4 Million Data Center in Charlotte, North Carolina May 26, 2017

Carter Validus Mission Critical REIT II, Inc. Acquires $16.4 Million Data Center in Charlotte, North Carolina

Carter Validus Mission Critical REIT II, Inc. Acquires $16.4 Million Data Center in Charlotte, North Carolina May 24, 2017 | BusinessWire TAMPA, Fla.--(BUSINESS WIRE)--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 net leased data center and healthcare assets, acquired…
Hines to Develop Office, Mixed-Use Tower at Miami Worldcenter May 26, 2017

Hines to Develop Office, Mixed-Use Tower at Miami Worldcenter

Hines to Develop Office, Mixed-Use Tower at Miami Worldcenter 45-Story, 600,000-SF Spec Development Coming on 27 Acres in Downtown Miami May 23, 2017 | by Justin Sumner | CoStar International real estate firm Hines plans to develop a new office-led, mixed-use tower at 110 10th St. in the heart of downtown Miami, FL. Hines expects to…
Strategic Storage Growth Trust, Inc. Acquires 510-Unit Newly Constructed Self Storage Facility in Sarasota, Florida May 26, 2017

Strategic Storage Growth Trust, Inc. Acquires 510-Unit Newly Constructed Self Storage Facility in Sarasota, Florida

Strategic Storage Growth Trust, Inc. Acquires 510-Unit Newly Constructed Self Storage Facility in Sarasota, Florida May 24, 2017 | Strategic Storage Growth Trust, Inc.  LADERA RANCH, Calif., May 24, 2017 /PRNewswire/ -- Strategic Storage Growth Trust, Inc., a public non-traded REIT sponsored by SmartStop Asset Management, LLC, announced today its purchase of a newly constructed, 510-unit self…
Why So Much Private Equity Is Shifting To Multifamily May 24, 2017

Why So Much Private Equity Is Shifting To Multifamily

Why So Much Private Equity Is Shifting To Multifamily HUNTINGTON BEACH, CA—Private-equity investors like the strong cash-on-cash that multifamily can provide as compared to hotels, retail and office properties, panelists at the IMN Multifamily Forum here tell attendees. May 22, 2017 | by CARRIE ROSSENFELD | GlobeSt.com HUNTINGTON BEACH, CA—Private-equity investors like the strong cash-on-cash that multifamily…
Griffin Capital Acquires Part of Office Campus in Indiana May 24, 2017

Griffin Capital Acquires Part of Office Campus in Indiana

Griffin Capital Acquires Part of Office Campus in Indiana May 19, 2017 | by Roxana Baiceanu | Commercial Property Executive The transaction price for the 133,400-square-foot, Class A office building was $29 million. The facility is one of three properties making up Midcontinent Independent System Operator Inc.’s headquarters and is fully leased for the next 11…
Phillips Edison to Acquire Limited Partnership, Create $4B Shopping Center REIT May 24, 2017

Phillips Edison to Acquire Limited Partnership, Create $4B Shopping Center REIT

Phillips Edison to Acquire Limited Partnership, Create $4B Shopping Center REIT May 22, 2017 | by TAYLOR WILLIAMS | RebusinessOnline CINCINNATI — Phillips Edison Grocery REIT I Inc. (OTC: PHLD) has entered into an agreement to acquire the real estate assets and third-party asset management business of its sponsor firm, Phillips Edison Limited Partnership (PELP), in a…
Top 10 Restaurant Brands for Retail Landlords May 23, 2017

Top 10 Restaurant Brands for Retail Landlords

Top 10 Restaurant Brands for Retail Landlords April 12, 2017 | by Donna Mitchell |  Despite choppy same-store sales coming in 2016, the current market environment might be just right for ramping up the line-up of restaurant tenants, according to some industry observers. For retail center owners, fighting the current headwinds of e-commerce competition and failing retail…

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