Inside the Vault
How many BDCs had YTD total returns of 10% or more through Q3 2016? January 11, 2017

How many BDCs had YTD total returns of 10% or more through Q3 2016?

How many BDCs had YTD total returns of 10% or more through Q3 2016?  Seven BDCs had unannualized returns of 10% or more through Q3 2016. Find out more in the Q3 2016 Nontraded BDC Industry Review. Learn more about the Blue Vault's nontraded BDC research by clicking here.
When does a REIT stop paying a “stockholder servicing fee” on its Class T shares? January 5, 2017

When does a REIT stop paying a “stockholder servicing fee” on its Class T shares?

When does a REIT stop paying a “stockholder servicing fee” on its Class T shares? The REIT will cease the payment of trailing “stockholder servicing fees” on its Class T shares when the total upfront selling commissions, dealer manager fees and stockholder servicing fees reach a certain percentage of gross proceeds from the sale of…
What is an “RSU” or restricted stock unit in a nontraded REIT prospectus? January 3, 2017

What is an “RSU” or restricted stock unit in a nontraded REIT prospectus?

What is an “RSU” or restricted stock unit in a nontraded REIT prospectus? The “RSU” is a right that is granted the Advisor and the personnel of the Advisor and its affiliates to promote retention of the personnel and alignment of their interests with the REIT’s stockholders. They are subject to specified vesting and settlement…
Which nontraded REIT program used convertible preferred shares for which the sponsor had paid $48,000 and that resulted in the payment of approximately $5.8 million in cash and the issuance of approximately 3.0 million shares of the listed company after a full-cycle event? January 3, 2017

Which nontraded REIT program used convertible preferred shares for which the sponsor had paid $48,000 and that resulted in the payment of approximately $5.8 million in cash and the issuance of approximately 3.0 million shares of the listed company after a full-cycle event?

Which nontraded REIT program used convertible preferred shares for which the sponsor had paid $48,000 and that resulted in the payment of approximately $5.8 million in cash and the issuance of approximately 3.0 million shares of the listed company after a full-cycle event? Apple REIT Ten merged with Apple Hospitality and the sponsor received roughly…
Blue Vault wishes you a very Merry Christmas and a Happy New Year. December 21, 2016

Blue Vault wishes you a very Merry Christmas and a Happy New Year.

Blue Vault wishes you a very Merry Christmas and a Happy New Year. The Blue Vault office closed at 1:00pm EST today and will reopen on Tuesday, December 27. The office will also close at 1:00pm EST on Friday, December 30 and reopen on Monday, January 2, 2017. The Blue Vault NewsWire will not be…
What are “OP Units” in a nontraded REIT offering prospectus? December 20, 2016

What are “OP Units” in a nontraded REIT offering prospectus?

What are “OP Units” in a nontraded REIT offering prospectus? [caption id="attachment_11492" align="alignnone" width="600"] Looking over an investment annual report.[/caption] Operating Partnership Units are authorized by the board of directors and issued to managers to give them an incentive to maximize shareholder values.  They are convertible into common shares under certain conditions.

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