Asset Manager News & Perspectives

June 22, 2016

MVP Becomes Latest Non-Traded REITs to Weigh Options, May List on Nasdaq as ‘Pure Play’ Parking Facility Owner

MVP Becomes Latest Non-Traded REITs to Weigh Options, May List on Nasdaq as 'Pure Play' Parking Facility Owner Hire Investment Banker to Explore Liquidity Options By Mark Heschmeyer | June 15, 2016 | CoStar MVP REIT and MVP REIT II, a pair of San Diego-based REITs focused solely on owning parking structures and facilities…

June 20, 2016

Medical Capital executive gets 10-year sentence for private placement fraud

Medical Capital executive gets 10-year sentence for private placement fraud Joseph J. Lampariello also ordered to pay nearly $40 million in restitution Jun 16, 2016 @ 4:21 pm | By Bruce Kelly | Investment News A former top executive of Medical Capital Holdings Inc., a private placement-turned-Ponzi scheme that destroyed dozens of…

June 20, 2016

REIT returns outpace S&P 500 thru March

REIT returns outpace S&P 500 thru March BY REW | APRIL 15, 2016 Stock exchange-listed Equity REITs significantly outperformed the rest of the equity market in March and the first quarter of 2016, according to the National Association of Real Estate Investment Trusts (NAREIT). The total return of the FTSE NAREIT All REITs Index, the…

June 20, 2016

NYC REIT acquires 1140 Avenue of the Americas for $180M

NYC REIT acquires 1140 Avenue of the Americas for $180M BY REW | JUNE 17, 2016 American Realty Capital New York City REIT has just acquired Midtown office tower 1140 Avenue of the Americas for $180 million. “We are pleased to announce that we have closed on the acquisition of 1140 Avenue of the Americas.…

June 20, 2016

Apartment Construction Not Slowing Down, According to Neyland

Apartment Construction Not Slowing Down, According to Neyland 6/9/2016 | By Allen Kenney | REIT.com Ella Shaw Neyland, president of Steadfast Apartment REIT, joined REIT.com for a video interview at REITWeek 2016: NAREIT’s Investor Forum at the Waldorf Astoria New York. Steadfast Apartment REIT is a public, non-listed REIT that acquires and manages…

June 17, 2016

Strategic Storage Trust II, Inc. Purchases Self Storage Facility in Sonoma, Calif. Totaling 340 Units

Strategic Storage Trust II, Inc. Purchases Self Storage Facility in Sonoma, Calif. Totaling 340 Units SONOMA, CA--(Marketwired - Jun 15, 2016) - Strategic Storage Trust II, Inc. (SST II) -- which is sponsored by SmartStop Asset Management, LLC -- recently acquired a self storage facility located in downtown Sonoma. The property totals approximately…

June 17, 2016

Investors, especially millennials, have unrealistic expectations about annual returns: study

Investors, especially millennials, have unrealistic expectations about annual returns: study The average stock market yield globally is only 3.8%, but Americans expect 11% annually Jun 16, 2016 @ 11:21 am | By Bloomberg News Incredibly optimistic. That's the attitude of investors around the world toward the minimum annual income they want from their investments.…

June 17, 2016

Bluerock Expands Distribution Team, Hires Tim Hughes, Jack Wood and Carla Martin

Bluerock Expands Distribution Team, Hires Tim Hughes, Jack Wood and Carla Martin Jun 15 2016 | by DI Wire Bluerock Real Estate LLC, an investment management firm, has hired Tim Hughes and Jack Wood as co-heads of distribution to lead the company’s sales effort for its managing broker-dealer, Bluerock Capital Markets. Carla Martin…

June 17, 2016

Carter Validus Mission Critical REIT, Inc. Acquires $71 Million Healthcare Portfolio in Sale-Leaseback Transaction

June 15, 2016 11:23 AM Eastern Daylight Time TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT, Inc. (“CVMC REIT”) announced its acquisition of the Post Acute Medical Portfolio for a purchase price of $71,000,000. The portfolio comprises five fully completed and 100% occupied healthcare facilities affiliated with Post Acute Medical, LLC (“PAM”). PAM is…