Asset Manager News & Perspectives
MVP REIT to Buy Connecticut Parking Garage for $7.8 Million March 1, 2016

MVP REIT to Buy Connecticut Parking Garage for $7.8 Million

Feb 25 2016 | By DI Wire MVP REIT Inc., a publicly registered non-traded real estate investment trust, entered into an agreement to purchase a parking garage in Bridgeport, Connecticut from Fairfield Avenue Parking Corporation for $7.8 million, plus closing costs. The property is a multi-level parking garage consisting of approximately 878 parking spaces, together…
Hines Global REIT Declares $10.24 NAV February 25, 2016

Hines Global REIT Declares $10.24 NAV

Feb 24 2016 | DI Wire Hines Global REIT Inc., a non-traded real estate investment trust, announced that its board of directors determined a new estimated per share net asset value of $10.24 for the company’s common stock, as of December 31, 2015. This new estimated per share NAV represents an 8 percent increase over…
North Charleston retail outparcels near Wal-Mart change hands February 25, 2016

North Charleston retail outparcels near Wal-Mart change hands

Feb 24 2016 1:47 pm | By John McDermott | The Post and Courier An Ohio company that bought the Wal-Mart-anchored North Pointe Plaza in North Charleston last year has purchased the adjacent outparcels. Phillips Edison Grocery Center REIT II Inc. paid $4.9 million this month for the properties occupied by retailers AC Moore and Dollar Tree…
$2 Billion Dividend Capital REIT Declared Effective February 25, 2016

$2 Billion Dividend Capital REIT Declared Effective

Feb 24 2016 | DI Wire Dividend Capital, a sponsor of non-traded real estate investment trusts, recently launched Logistics Property Trust Inc., a $2 billion non-traded REIT that focuses on high-quality distribution warehouses and other industrial properties. The company expects to meet its minimum offering by the end of the year. Logistics Property Trust is…
VII Peaks BDC II Dealer Manager Quits February 25, 2016

VII Peaks BDC II Dealer Manager Quits

Feb 24 2016 | DI Wire Axiom Capital Management Inc., a full-service broker-dealer, terminated its dealer management agreement with VII Peaks Co-Optivist Income BDC II Inc., a non-traded business development company, according to a filing with the Securities and Exchange Commission. Axiom served as a non-exclusive managing broker-dealer in the BDC’s continuous offering of common…
SmartStop acquisition pays off for Extra Space Storage February 24, 2016

SmartStop acquisition pays off for Extra Space Storage

Feb 23 2016, 16:11 ET | About: Extra Space Storage, Inc. (EXR) | By: Stephen Alpher, SA News Editor Q4 adjusted FFO of $115.1M or $0.87 per share vs. $84.2M and $0.68 one year ago. Full-year AFFO per share of $3.13 vs. $2.61 in 2014. Q4 same-store (503 stores) revenue up 9.6% Y/Y; expenses up…
KBS REIT I signs ADP Plaza lease February 24, 2016

KBS REIT I signs ADP Plaza lease

18 February 2016 | Author: Becky Butcher | Real Estate Investment Times KBS Real Estate Investment Trust has signed a lease with ExamWorks for 14,504 square feet of space at ADP Plaza. ExamWorks provides independent medical examinations, peer reviews and bill reviews. Article Located Here
Hines appoints Sherri W. Schugart to firm’s Executive Committee February 24, 2016

Hines appoints Sherri W. Schugart to firm’s Executive Committee

Property Magazine International | Sherri W. Schugart has been appointed to Hines Executive Committee, which functions as a board of directors. Schugart is the Senior Managing Director/CEO of the Core Fund, REIT & BDC Group and currently serves as the President and CEO of all three of Hines’ public real estate companies (Hines REIT, Hines Global REIT…
An ExchangeRight image ad

Don't miss alts news and educational events. Subscribe Now

Browse Learning Opportunities

THE BLUE VAULT MINUTE

Insights for advisors from advisors

Webinars

Asset managers, service providers and Blue Vault on alts topics

Podcasts

Breaking down alts one-on-one with asset managers and service providers

Videos

Short, impactful clips from webinars, podcasts and events

The alternative investments industry is
expected to grow to $17 trillion by 2025.

Learn Why

Marketing Intent: Get 20+ experts for your marketing budget