Asset Manager News & Perspectives

January 12, 2017

RIAs could be ultimate winners if DOL fiduciary rule is repealed or delayed

RIAs could be ultimate winners if DOL fiduciary rule is repealed or delayed Differentiating themselves from brokers would be easier now that debate has raised investor awareness of the role of a fiduciary January 11, 2017@ 12:42 pm| Jeff Benjamin | InvestmentNews.com As potential delays and road blocks pile up in front the Department of Labor's fiduciary…

January 12, 2017

Carter Validus Mission Critical REIT II, Inc. Acquires 153,000-Square-Foot Data Center

Carter Validus Mission Critical REIT II, Inc. Acquires 153,000-Square-Foot Data Center January 10, 2017 05:26 PM Eastern Standard Time TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) acquired the Andover Data Center II on November 8, 2016, for $37 million. The two-story, 153,000-square-foot facility is located on 22.77 acres in Andover,…

January 12, 2017

REITs Return 8.6% in 2016

REITs Return 8.6% in 2016 January 10, 2017 | Loretta Clodfelter | Linkedin, Salika Khiser Although U.S. REITs struggled in the fall, they achieved a total return of 8.63 percent in 2016, according to the FTSE NAREIT All Equity REITs Index. The performance was far better than the 2.83 percent the index returned in 2015.…

January 12, 2017

FS Investments Announces Results of Tender Offers for Four BDCs

FS Investments Announces Results of Tender Offers for Four BDCs January 12, 2017 | James Sprow | Blue Vault FS Investments (formerly known as Franklin Square) was founded in 2007 and currently reports $18.7 billion in assets under management. Included in its investment programs are five BDCs (Business Development Companies) that invest in the credit of…

January 12, 2017

Strategic Realty Trust, Inc. Acquires Silver Lake Retail Property in L.A

Strategic Realty Trust, Inc. Acquires Silver Lake Retail Property in L.A January 12, 2017 | James Sprow | Blue Vault Strategic Realty Trust, Inc., through an indirect subsidiary, entered into a Purchase and Sale Agreement dated November 21, 2016 with Sunset Triangle Investors, LLC, a California limited liability company, to purchase a retail property located…

January 12, 2017

Cole Office & Industrial REIT (CCIT II), Inc. to Announce Updated NAV in March, 2017

Cole Office & Industrial REIT (CCIT II), Inc. to Announce Updated NAV in March, 2017 January 12, 2017 | James Sprow | Blue Vault Cole Office & Industrial REIT (CCIT II), Inc. has engaged Cushman & Wakefield of Illinois, Inc., Valuation & Advisory group to perform valuation services to assist the Company’s board of directors…

January 12, 2017

Cole Credit Property Trusts IV and V to Report Updated NAVs in March, 2017

Cole Credit Property Trusts IV and V to Report Updated NAVs in March, 2017 January 12, 2017 | James Sprow | Blue Vault Cole Credit Property Trust V, Inc. has engaged Duff & Phelps, LLC to perform valuation services to assist the Company’s board of directors with determining an updated estimated value per share of…

January 12, 2017

Hartman Short Term Income Properties XX, Inc. Announces Estimated NAV

Hartman Short Term Income Properties XX, Inc. Announces Estimated NAV January 12, 2017 | James Sprow | Blue Vault The Board of Directors of Hartman Short Term Income Properties XX, Inc. determined an estimated net asset value (“NAV”) per share of the Company’s common stock of $13.15 as of September 30, 2016. The Company…

January 12, 2017

Nontraded REIT Sales Rebound in Q4 2016 While BDC Sales Slow

Nontraded REIT Sales Rebound in Q4 2016 While BDC Sales Slow January 11, 2017 | by James Sprow | Blue Vault Equity capital raised by open nontraded REIT programs in Q4 2016 appear to have rebounded according to sales figures reported by Blue Vault. For the 31 nontraded REITs reporting, sales for all share classes, including…