Asset Manager News & Perspectives

March 4, 2016

KBS raises $216M in first phase of Israeli bond offering

Calif.-based real estate firm to become first U.S. REIT to tap Israeli debt market March 01, 2016 04:35PM | By Rey Mashayekhi | The Real Deal KBS Strategic Opportunity REIT is on the verge of becoming the first U.S. real estate investment trust to successfully issue bonds in Israel. The company closed a roughly $216 million debt…

March 4, 2016

NorthStar Corporate Income Offering Declared Effective by the U.S. Securities and Exchange Commission

PR Newswire NEW YORK, March 2, 2016 NEW YORK, March 2, 2016 /PRNewswire/ -- NorthStar Corporate Income Fund and NorthStar Corporate Income Fund–T, collectively defined as the "NorthStar Corporate Income Funds", announced today that their registration statements related to their initial public offerings in aggregate of $3.2 billion of common stock have been declared effective by…

March 4, 2016

James Brown Appointed to the Board of Franklin Square BDC

Mar 03 2016 | By DI Wire FS Investment Corporation III, a publicly registered non-traded business development company sponsored by Franklin Square Capital Partners, appointed James Brown to serve as an independent member of the board of directors. Brown was appointed to serve for a term expiring at the company’s 2016 annual meeting of stockholders.…

March 4, 2016

Strategic Storage Trust II, Inc. (SST II) Acquires Two Facilities in the Greater Toronto Area for Approximately $28.9 Million CAD

TORONTO, ON -- (Marketwired) -- 03/01/16 -- Strategic Storage Trust II, Inc. (SST II) -- which is sponsored by SmartStop Asset Management, LLC -- recently purchased two self storage facilities for approximately $28.9 million CAD. Located in the Greater Toronto Area (GTA) of Canada, this portfolio totals approximately 1,280 units and approximately 133,900 rentable square…

March 4, 2016

Corporate Capital Trust II Commences Operations

Wednesday, March 2, 2016 2:00 PM UTC Orlando, Fla., March 02, 2016 -- Corporate Capital Trust II, a new non-traded business development company (BDC), announced it has successfully met its minimum offering requirement and commenced investment operations. Corporate Capital Trust II broke escrow with $5 million, which was contributed by the company’s advisors, CNL and…

March 2, 2016

Real estate trust buys Trader Joe’s shopping center in Templeton

Posted: 6:06 am, March 1, 2016 | by News Staff | Paso Robles Daily News Company owns and manages 64 grocery-anchored shopping centers –Phillips Edison Grocery Center REIT II, Inc. had announced it has acquired the 21,117 square-foot Vineyard Center in Templeton. Vineyard Center is anchored by the only Trader Joe’s between Templeton and Monterey. Vineyard Center…

March 2, 2016

CNL Healthcare Properties Earns Top Honor

Monday, February 29, 2016 5:37 PM UTC | EconoTimes CNL Healthcare Properties, a real estate investment trust (REIT) focused on seniors housing and healthcare facilities, has been named Wealth & Finance International’s Healthcare Real Estate Manager of the Year for 2015. Each year, Wealth & Finance International, a publication that provides industry news to fund…

March 2, 2016

Carter Validus Appoints Jon Sajeski as Vice President of Healthcare Acquisitions

February 29, 2016 12:42 PM Eastern Standard Time TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Advisors II, LLC (“Carter Validus”), the external advisor to Carter Validus Mission Critical REIT II, Inc. (“CVMCR II”), is proud to announce that Jon Sajeski has joined Carter Validus as Vice President of Healthcare Acquisitions. In this role, Jon will focus on growing…

March 1, 2016

What’s Delaying the Sale of 14 Ski Areas Worth Hundreds of Millions?

CNL Lifestyle Properties has been trying to find buyers since March 2015 BY MICHAEL SCHRANTZ | FEB 26, 2016, 9:51A | Curbed Ski When CNL Lifestyle Properties announced it was putting its entire portfolio of mountain properties— including 15 ski resorts, a sightseeing tram and multiple ski area villages — up for sale, it was heralded as…