Answer: There have been a total of seven previously nontraded REIT programs that have completed full-cycle events since December 2017: ...
January 23, 2019
Inside the Vault
January 23, 2019
January 16, 2019
Which previously nontraded REIT completed its full liquidity event when its last tranche of common shares were converted to listed shares on January 9, 2019?
American Finance Trust, Inc. (“AFIN”) announced on December 20, 2018, that all issued and outstanding shares of its Class B-2 common stock would automatically convert into shares of its Class A common stock on January 9, 2019. Class A shares trade on the Nasdaq under the ticker symbol AFIN. The Class B-2 shares represent approximately…
January 10, 2019
Which sponsor of a nontraded REIT has been investing in real estate since 1934 and had $988 billion in assets under management, including $45 billion in U.S. real estate as of September 30, 2018?
Nuveen Global Cities REIT is sponsored by Nuveen. The REIT is currently offering up to $5 billion of common stock in a perpetual life offering, featuring monthly Net Asset Values (NAVs). The public offering includes four share classes (T, S, D, and I shares). Teachers Insurance and Annuity Association of America (“TIAA”) is the ultimate…
December 19, 2018
How many census tracts in the United States and Puerto Rico have been designated as “Opportunity Zones” by the IRS as of December 14, 2018?
According to the IRS, 8,763 census tracts have been officially designated as Opportunity Zones by all of the States and Puerto Rico, as of December 14, 2018. The State of California alone has designated 879 census tracts as Opportunity Zones. The State of Texas has 628.
December 12, 2018
Which previously nontraded REIT is now listed on the Nasdaq Global Select and will have the final tranche of its common stock converted to listed stock on January 15, 2019?
Answer: American Finance Trust (AFIN) listed a portion of its outstanding shares on the Nasdaq on July 19, 2018, and the final portion of its common shares (Class B-2) will convert to Class A shares on January 15, 2019. The shares reached a high of $17.76 on September 20 and recently traded at $13.77 per…
December 5, 2018
Which nontraded BDC raised the most capital in Q3 2018?
Answer: Owl Rock Capital Corporation II raised an estimated $91.1 million in Q3 2018 and raised an estimated $237.9 million for the nine months ended September 30, 2018.
November 27, 2018
Which nontraded REIT raised the second highest amount of capital in October 2018, after Blackstone REIT?
Answer: Griffin-American Healthcare REIT IV, Inc. raised $21.6 million in October 2018, down slightly from $22.4 million raised in September.
November 15, 2018
Which interval fund led all interval funds in October sales reported to Blue Vault?
Answer: Griffin Institutional Access Real Estate Fund reported sales of $75.6 million for October 2018.
November 7, 2018
Which Business Development Company (BDC) commenced operations in April 2017 and has raised $371.0 million in its public offering as of November 6, 2018, and had a portfolio of investments primarily in first and second lien loans with a fair value of $484.7 million as of September 30, 2018?
Answer: Owl Rock Capital Corporation II, Inc.
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.
