January 08, 2016 5:10am |Benzinga |Houston, TX (PRWEB) Hartman Income REIT Management, Inc. is proud to announce the appointment of Travis Hamlin as its Regional Sales Director for its Western Region, where he will be responsible for sales of Hartman investment programs in all western states except California. Before joining Hartman, Mr. Hamlin served for…
Asset Manager News & Perspectives
Q&C Hotel in downtown New Orleans sold for $51.2 million
ADVOCATE STAFF REPORT | Jan. 8, 2016; 4:14 p.m. | The Advocate The century-old Q&C Hotel in the Central Business District has been sold for $51.2 million. The 12-story, two-building hotel, located at 344 Camp St., was sold to Encore Hospitality LLC, a subsidiary of Texas-based Encore Enterprises Inc., in a joint venture with KBS Strategic…
KBS Strategic acquires 2200 Paseo Verde
Nevada | 07 January 2016 | REIT Times KBS Strategic Opportunity REIT II has acquired 2200 Paseo Verde, a 59,818 square foot office property located in Henderson, Nevada, for $13.4 million. 2200 Paseo Verde is the only office property located at The District at Green Valley Ranch, a 450,00 square foot mixed use retail, office…
Questions burn for shareholders after RCAP’s demise
How could a seemingly vibrant company fall apart so quickly and wind up heading to bankruptcy? Jan 10, 2016 @ 12:01 am | Investment News By Bruce Kelly Nicholas Schorsch and his partners a year and a half ago grossed nearly $100 million by selling shares of RCS Capital Corp., the soon-to-be defunct brokerage holding…
Strategic Storage Growth Trust, Inc. (SSGT) Acquires San Antonio Self Storage Facility for Approximately $12.3 Million
BY MARKETWIRED JANUARY 8, 2016 03:01 PM EST | SYS-CON MEDIA SAN ANTONIO, TX -- (Marketwired) -- 01/08/16 -- Strategic Storage Growth Trust, Inc. (SSGT), which is sponsored by SmartStop Asset Management, LLC, recently acquired a self storage facility for approximately $12.3 million. The facility consists of approximately 385 self-storage units and approximately 49,250 net…
Extra Space Storage Inc. Closes Acquisition Of SmartStop Self Storage, Inc. Including A Store Location In Manassas
Provided by Extra Space Storage Extra Space Storage Inc. (“Extra Space”), a leading owner and operator of self-storage properties, announced today it has completed its acquisition of SmartStop Self Storage, Inc. (SmartStop), a public, non-traded real estate investment trust (REIT). SmartStop stockholders approved the transaction at their shareholder meeting held on September 29, 2015. Stockholders received $13.75 per share…
FS Investment Corporation IV Commences Operations
Represents fourth generation of Franklin Square's family of core income-generating BDCs BY PR NEWSWIRE JANUARY 6, 2016 04:45 PM EST | Sys-Con Media PHILADELPHIA, Jan. 6, 2016 /PRNewswire/ -- FS Investment Corporation IV (FSIC IV), a new business development company sponsored by Franklin Square Capital Partners (Franklin Square), has satisfied its minimum offering requirement, admitted its…
JLL Income Property Trust Closes Venture Investment in 15 Property Portfolio of New York City Retail Properties
SOURCE: JLL Income Property Trust January 05, 2016 11:26 ET | Market Wired CHICAGO, IL--(Marketwired - Jan 5, 2016) - JLL Income Property Trust, an institutionally-managed, non-listed, daily valued perpetual life REIT (NASDAQ: ZIPTAX) (NASDAQ: ZIPTMX) (NASDAQ: ZIPIAX) (NASDAQ: ZIPIMX), today announced it recently acquired an approximate 14% interest in a portfolio of 15 urban…
Inland Executive Says Multifamily Demand Bolstering Latest REIT
1/4/2016 | By Sarah Borchersen-Keto JoAnn McGuinness, executive vice president of Inland Real Estate Investment Corp., a sponsor of non-listed REITs and private partnerships, has worked with each of the seven REITs sponsored by Inland during her 23-year tenure with the company. As the company embarks on its newest REIT, Inland Residential Properties Trust, Inc.,…
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