NEW YORK, Jan. 13, 2016 /PRNewswire/ -- NorthStar Real Estate Income II, Inc. (NorthStar Income II) announced today that it recently originated a $46.0 million senior loan and two subordinate interest investments totaling $66.7 million. Hotel Portfolio | Atlanta, Georgia $46.0 million senior loan secured by a 101-room full-service hotel located in midtown Atlanta and…
Asset Manager News & Perspectives
InvenTrust Properties Corp. Announces Acquisition of Sonterra Village Shopping Center in San Antonio, Texas
InvenTrust Increases Footprint in San Antonio MSA January 14, 2016 02:34 PM Eastern Standard Time | Business Wire OAK BROOK, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today announced that it has acquired Sonterra Village Shopping Center (“Sonterra Village”), a newly-built, 42,492 square foot shopping center located in San Antonio, Texas for approximately $21.5…
CPA:18 – Global Acquires Wyndham Stuttgart Airport Messe Hotel for $33.8 Million
Sale-leaseback of high-quality property adds to German hospitality assets in portfolio January 13, 2016 07:30 ET from CPA:18 -- Global | PR NewsWire NEW YORK, Jan. 13, 2016 /PRNewswire/ -- W. P. Carey Inc., a global net lease REIT specializing in corporate sale-leaseback andbuild-to-suit financing and the acquisition of single-tenant net lease properties, announced that CPA®:18…
CNL’s Corporate Capital Trust Reschedules Offering Close
Jan 12 2016 | DI Wire Corporate Capital Trust Inc., a non-traded business development company sponsored and advised by CNL Financial Group and KKR, reported that investments in the company’s common stock will now close on February 12, 2016 to investors who purchase shares through the independent broker-dealer channel. The company indicated that investments will…
Strategic Storage Trust II, Inc. (SST II) Amends Credit Facility With KeyBank With Maximum Expansion Size of $500 Million
Press Release: Strategic Storage Trust II, Inc. – 1/13/16 |Yahoo Finance via Marketwired LADERA RANCH, CA--(Marketwired - Jan 12, 2016) - Strategic Storage Trust II, Inc. (SST II) -- which is sponsored by SmartStop Asset Management, LLC -- recently announced the amendment of its credit facility with KeyBank. The amended credit facility is a revolving credit facility that…
Inland Acquires Grocery-anchored Marketplace at Tech Center
JANUARY 12, 2016 | BY MELONIE MESSINA |Chain Store Age Newport News, Va. -- Inland Real Estate Income Trust announced the acquisition of the approximately 210,000-sq. ft. Marketplace at Tech Center, a newly constructed grocery-anchored power center, in Newport News, Virginia. Mark Cosenza, VP of Inland Real Estate Acquisitions facilitated the purchase of the property on…
REIT Industrial Property Trust Buys Industrial Portfolio in Phoenix for $38M
Posted on January 8, 2016 by Nellie Day | Rebusiness Online PHOENIX — REIT Industrial Property Trust has purchased a five-building industrial portfolio based in northwest Phoenix for $38 million. The transaction comprises the Lincoln Deer Valley and Lincoln Pinnacle Park assets. The Lincoln Deer Valley project is located at 21420 and 21430 N. 15th Lane in…
W. P. Carey Inc.’s CPA:18 Global Acquires Industrial Site And Headquarters In Menomonee Falls, Wisconsin
Area Development News Desk (01/08/2016) | W.P. Carey Inc., a global net lease real estate investment trust specializing in corporate sale-leaseback and build-to-suit financing and the acquisition of single-tenant net lease properties, announced that CPA:18 – Global, one of its managed non-traded REITs, acquired a 550,000-square-foot corporate headquarters and industrial printing facility for approximately $23 million…
Hartman Announces Regional Sales Director Appointment
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…
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