Inside the Vault- Page 6 of 88

Inside the Vault

March 22, 2023

Among all continuously offered nontraded REIT programs, which had the highest monthly total return (change in NAV + monthly distribution) for February 2023?

Among all continuously offered nontraded REIT programs, which had the highest monthly total return (change in NAV + monthly distribution) for February 2023? Answer: Blackstone Real Estate Income Trust posted a total return in February of 0.70%.

March 15, 2023

Which continuously offered nontraded NAV REIT had the highest monthly standard deviation of monthly returns over the past 35 months?

Which continuously offered nontraded NAV REIT had the highest monthly standard deviation of monthly returns over the past 35 months? Answer: Ares Industrial REIT had the highest standard deviation of monthly total returns from January 2021 thru November 2022, at 1.89%. This compares favorably to the standard deviation of monthly returns on the S&P 500…

March 1, 2023

What percentage of the REIT’s aggregate NAV at Ares Industrial REIT were redeemed in Q4 2022?

What percentage of the REIT's aggregate NAV at Ares Industrial REIT were redeemed in Q4 2022? Answer: According to filings with the SEC, approximately 2.43% of the Ares Industrial REIT's aggregate NAV were redeemed in Q4 2022.

February 22, 2023

Which continuously offered nontraded REIT had the highest distribution yield as of December 2022?

Which continuously offered nontraded REIT had the highest distribution yield as of December 2022? Answer: The continuously offered nontraded REIT which had the highest distribution yield was FS Credit Real Estate Income Trust, Inc. The distribution yield for Class I shares for FS Credit Real Estate Income Trust, Inc. was 7.10% based upon the REIT's…

February 15, 2023

How much capital did interval funds raise through the first three quarters of 2022 compared to all of 2021?

How much capital did interval funds raise through the first three quarters of 2022 compared to all of 2021? Answer: All interval funds raised $22.2 billion through the first three quarters of 2022 compared to $21.9 billion for all of 2021.

February 8, 2023

December 2022 saw the first median decrease for the 15 continuously offered nontraded REITs since March 2020. What was the median decrease in the NAVs per share for the 15 NAV REITs?

December 2022 saw the first median decrease for the 15 continuously offered nontraded REITs since March 2020. What was the median decrease in the NAVs per share for the 15 NAV REITs? Answer: The median decrease in the NAVs of the 15 continuously offered NAV REITs in December 2022 was 0.95%. The last month that…

February 1, 2023

Which interval fund had $14.3 billion in total assets as of September 30, 2022, the most assets among all interval funds?

Which interval fund had $14.3 billion in total assets as of September 30, 2022, the most assets among all interval funds? Answer: Cliffwater Corporate Lending Fund had $14.3 billion in total assets as of September 30, 2022, the most assets among all interval funds.

January 25, 2023

Of the 11 nontraded REITs that reported sales to Blue Vault for November 2022, which raised the most capital via sales of shares for the month?

Of the 11 nontraded REITs that reported sales to Blue Vault for November 2022, which raised the most capital via sales of shares for the month? Answer: FS Credit Real Estate Income Trust raised the most capital with $65.59 million in November 2022 via common share issuances.

January 18, 2023

By what percentage did the Cottonwood Communities estimated NAV per share increase between November 30, 2021, and February 28, 2022?

By what percentage did the Cottonwood Communities estimated NAV per share increase between November 30, 2021, and February 28, 2022? Answer: The estimated NAV increased from $16.9316 to $18.9882, an increase of 12.15% in three months.