Blue Vault Insights- Page 25 of 27

Blue Vault Insights

December 11, 2018

FIRST PERSON: Jeffrey Schwaber of Bluerock

Blue Vault recently had the opportunity to speak with Jeffrey Schwaber, CEO of Bluerock Capital Markets,

July 16, 2018

Blockchain Applications in Commercial Real Estate? How, Why and When?

In 1976, this author had the opportunity to pose a question to Frank T. Cary, then CEO of IBM, at a party. I asked, “What do you do for an encore? You have 70% of the computer mainframe business, what’s next?” His answer was very succinct

May 23, 2018

How to Answer the Most Basic Questions About Nontraded REITs

Imagine that you are the type of financial advisor or individual investor who wants to do your own research on a nontraded REIT program, either a program in which you already have invested or are considering for future investment.

March 27, 2018

The Interesting Case of Highlands REIT-Part I in a series on InvenTrust Properties Corporation

Highlands REIT, Inc. was created to own and manage substantially all of the “non-core” assets previously owned and managed by InvenTrust Properties Corp.

February 18, 2018

The Challenges of Calculating Nontraded REIT Investor Rates of Return

With the recent release of the 5th Edition Blue Vault Nontraded REIT Full-Cycle Performance Study, this may be an appropriate time to offer perspectives on the challenges faced when calculating rates of return by investors in nontraded REIT programs.

January 4, 2018

Preferred Stocks: Quick Read

Beth Glavosek | Blue Vault | Preferred stock shares have been around for a long time, but what are they and why are they relevant to investors in alternative investments? Capital stack • Holders of preferred stocks have a higher claim on a company’s assets and earnings than common stock, including the payment of dividends…

November 15, 2017

Interval Funds Explained

What is an “interval fund”? Interval funds are SEC-registered closed-end funds that provide continuous offerings of their securities. They usually price and sell their shares daily, but do not list them on an exchange. They redeem shares by making periodic repurchase (tender) offers at net asset value in compliance with Rule 23c-3(b) of the Investment…

October 31, 2017

A Discussion with Bluerock About Interval Funds and Total Income + Real Estate Fund

Blue Vault asked Hoffman about some key metrics that can be applied to interval fund performance.

September 4, 2017

Distribution Coverage—Why It’s Important to Understand the Difference Between MFFO and Cash

At Blue Vault, we report the sources of distributions in the Nontraded REIT Industry Review because we think it’s important to distinguish that Modified Funds from Operations (MFFO) is not the same as the Cash Available for Distributions. Even when MFFO “covers” the distribution amount, the actual cash needed to pay investors — or portions…