Inside the Vault- Page 14 of 91

Inside the Vault

June 28, 2022

Which nontraded REIT increased its commitment to residential properties, including single-family rental properties, to 44% of its portfolio, as of March 31, 2022?

Which nontraded REIT increased its commitment to residential properties, including single-family rental properties, to 44% of its portfolio, as of March 31, 2022? Answer: Jones Lang LaSalle Income Property Trust is increasing its commitment to the residential sector, including a 47% investment in 2021 in a portfolio of 4,000 single-family rental properties managed by Amherst…

June 23, 2022

Of the 52 monthly observations of total returns to the shares of the continuously offered nontraded REITs year-to-date in 2022 thru April, how many were negative?

Of the 52 monthly observations of total returns to the shares of the continuously offered nontraded REITs year-to-date in 2022 thru April, how many were negative? Answer: Year-to-date for the 13 continuously offered nontraded REITs in 2022 thru April, there were none that reported a negative total return (of the 52 monthly total returns reported).

June 22, 2022

What is the current shortage of housing units in the U.S. according to the National Association of Realtors and how many housing starts are projected for 2023?

What is the current shortage of housing units in the U.S. according to the National Association of Realtors and how many housing starts are projected for 2023? Answer: According to Dr. Yun at the National Association of Realtors there is currently a shortage of 3 million housing units in the U.S. and only 1.2 million…

June 16, 2022

Which continuously offered nontraded REIT reported a year-to-date total return to its Class I shares of 22.37% thru April 2022?

Which continuously offered nontraded REIT reported a year-to-date total return to its Class I shares of 22.37% thru April 2022? Answer: Ares Industrial REIT (formerly Black Creek Industrial REIT IV) had total returns to Class I shares of 22.37% thru April 2022. This led all of the 13 continuously offered nontraded REITs in total returns…

June 15, 2022

Of the 362 monthly observations of total returns to shares in continuously offered nontraded REITs in Blue Vault’s data since January 2020 and thru April 2022, how many had negative returns? (The returns included monthly changes in NAVs and distribution yields.)

Of the 362 monthly observations of total returns to shares in continuously offered nontraded REITs in Blue Vault's data since January 2020 and thru April 2022, how many had negative returns? (The returns included monthly changes in NAVs and distribution yields.) Answer: Of the 362 monthly total returns, only 23 were negative, or 6.4%.

June 9, 2022

Which multifamily-focused nontraded REIT saw its net asset value per share increase from $18.99 to $20.08 per Class I share from Q4 2021 to Q1 2022, an increase of 5.7% in three months?

Which multifamily-focused nontraded REIT saw its net asset value per share increase from $18.99 to $20.08 per Class I share from Q4 2021 to Q1 2022, an increase of 5.7% in three months? Answer: Cottonwood Communities, Inc. owns 7,294 units of stabilized multifamily properties as of March 31, 2022. The REIT currently has a perpetual…

June 8, 2022

What percentage of single-family homes in the U.S. are owned by institutional investors?

What percentage of single-family homes in the U.S. are owned by institutional investors? Answer: Institutional investors own only about 2% of all single-family rentals in the United States, or roughly 300,000 homes, according to John Burns research director Rick Palacios. Small-scale investors own 16.2 million homes. (8/2021)

June 2, 2022

Which alternative investment platform will be raising $1 billion for a private REIT investing in single-family rental homes in partnership with HomeSource Operations, LLC?

Which alternative investment platform will be raising $1 billion for a private REIT investing in single-family rental homes in partnership with HomeSource Operations, LLC? Answer: NexPoint Real Estate Advisers will partner with HomeSource Operations, LLC, in the new REIT to invest in single-family rental homes. NexPoint entered the SFR market in 2018 through an affiliate…

May 31, 2022

How has the total assets under management (AUM) for all nontraded REITs grown since 2014?

How has the total assets under management (AUM) for all nontraded REITs grown since 2014? Answer: Total AUM for all active nontraded REITs has grown from $87.1 billion in 2014 to $185.5 billion as of December 31, 2021, or 113%.