Inside the Vault- Page 57 of 91

Inside the Vault

December 6, 2017

Which nontraded REIT program sold its last property on November 22, 2017, to complete its full liquidation?

Answer: On November 22, 2017, KBS Real Estate Investment Trust, Inc. completed the disposition of the last real estate asset in its portfolio, a six building office property containing approximately 205,707 rentable square feet located in Bothell, Washington.

December 5, 2017

Which nontraded REIT completed the liquidation of its portfolio and made a final distribution to shareholders in April 2017?

Answer: Hines Real Estate Investment Trust, Inc.

December 4, 2017

Which nontraded healthcare REIT merged in May 2017, giving shareholders a cash payment of $14.65 per share for shares originally issued at $10.00 per share?

Answer: Sentio Healthcare Properties, Inc.

December 4, 2017

What percentage of the nontraded BDCs covered in the Second Quarter Nontraded BDC Industry Review reported a majority of their assets as Senior Debt?

Answer: 11 of the 14 nontraded BDCs reported a majority of their assets as Senior Debt, resulting in 78.6%.

December 3, 2017

Which Nontraded BDC reported the lowest Annualized Operating Expense Ratio in through the first two quarters of 2017?

Answer: NexPoint Capital, Inc. recorded an Annualized Operating Expense Ratio of 1.80%. The next lowest ratio was recorded by CION Investment

November 30, 2017

Through the first six months of 2017, what percentage of total capital raise in the Nontraded BDC sector was recorded by the top three Nontraded BDCs?

Answer: Of the $558.6 million raised, 58.2% of total capital raise came from the following three BDCs: FS Investment Corporation III ($137.8 million), FS Investment Corporation IV ($114.1 million), and Carey Credit Income Fund, Shares 2016 T and I ($73.4 million). Note: Carey Credit Income Fund is now known as Guggenheim Credit Income Fund

In what year did the first nontraded Business Development Company become effective?

November 29, 2017

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