Inside the Vault- Page 17 of 91

Inside the Vault

March 23, 2022

Which continuously offered nontraded REIT reported a 5.7% increase in the estimated NAV for its Class I shares from January 2022 to February 2022?

Which continuously offered nontraded REIT reported a 5.7% increase in the estimated NAV for its Class I shares from January 2022 to February 2022? Answer: Ares Industrial Real Estate Income Trust, Inc., (fka Black Creek Industrial REIT IV, Inc.) reported an estimated NAV per Class I share as of February 28, 2022, of $13.5719, up…

March 22, 2022

Of the ten NTRs that reported sales for February 2022 to Blue Vault, which nontraded REIT raised the most capital in February 2022?

Of the ten NTRs that reported sales for February 2022 to Blue Vault, which nontraded REIT raised the most capital in February 2022? Answer: FS Credit Real Estate Income Trust raised $185.8 million through the issuance of common shares, including DRIP proceeds, in February 2022. This was the highest total among the ten NTRs reporting…

March 16, 2022

Of the 17 offerings by nontraded REITs as of June 30, 2021, how many had an acquisition fee in their prospectuses?

Of the 17 offerings by nontraded REITs as of June 30, 2021, how many had an acquisition fee in their prospectuses? Answer: Only one REIT had an acquisition fee in their offering prospectus as of June 30, 2021. That fee was 1.50% of the acquisition cost. In the Third Edition of the Blue Vault NTR…

March 15, 2022

Of the 17 continuously offered nontraded REIT programs that were raising funds as of June 30, 2021, based their Asset Management Fees on the REIT’s total net asset value?

Of the 17 continuously offered nontraded REIT programs that were raising funds as of June 30, 2021, how many based their Asset Management Fees on the REIT's total net asset value? Answer: Of the 17 continuously offered nontraded REIT programs as of June 30, 2021, 13 based their asset management fees on a percentage of…

March 8, 2022

How many nontraded REITs were internally managed as of September 30, 2021?

How many nontraded REITs were internally managed as of September 30, 2021? Answer: Eleven nontraded REITs had internalized management as of September 30, 2021.

March 8, 2022

By what percentage did the NAV per share of Blackstone REIT’s Class I shares increase from December 31, 2020, to December 31, 2021?

By what percentage did the NAV per share of Blackstone REIT's Class I shares increase from December 31, 2020, to December 31, 2021? Answer: Blackstone REIT's Class I NAV was $14.2998 as of December 31, 2021, vs. $11.5547 as of December 31, 2020., an increase of 23.8% YOY.

March 1, 2022

How many apartment units did Starwood Real Estate Income Trust acquire during 2021?

How many apartment units did Starwood Real Estate Income Trust acquire during 2021? Answer: According to data from S&P Global Market Intelligence, Starwood REIT acquired a total of 25,921 apartment units in 2021.

March 1, 2022

According to the Blue Vault 4th Edition NTR Fee Study, which continuously offered NTRs have the highest Asset Management Fees as a percentage of their total NAVs?

According to the Blue Vault 4th Edition NTR Fee Study, which continuously offered NTRs have the highest Asset Management Fees as a percentage of their total NAVs? Answer: The following continuously offered NTRs have Asset Management Fees based on 1.25% of NAV as of June 30, 2021: Black Creek Industrial REIT IV, Blackstone REIT, FS…

February 23, 2022

Which continuously offered nontraded REIT program posted a total return of 3.06% in the month of January 2022, highest among all continously offered nontraded REITs?

Which continuously offered nontraded REIT program posted a total return of 3.06% in the month of January 2022, highest among all continously offered nontraded REITs? Answer: Black Creek Industrial REIT IV had a total return for its Class I shares of 3.06% in January 2022, after a total return of 4.89% in December 2021.