Inside the Vault- Page 78 of 91

Inside the Vault

September 30, 2016

Blackstone Real Estate Income Trust was declared effective by the SEC on August 31, 2016. How many share classes does this program currently offer?

Blackstone Real Estate Income Trust was declared effective by the SEC on August 31, 2016. How many share classes does this program currently offer? Answer: Four Share Classes (T, S, D, and I)

September 28, 2016

What does the country of Nepal and Nontraded BDCs have in common? Click to find out…

What does the country of Nepal and Nontraded BDCs have in common? Nontraded BDCs manage about $22 billion, which is roughly the same size as Nepal's GDP of roughly $22 billion.

September 27, 2016

You may recognize some of the private companies that nontraded BDCs invest in. See what companies you know of…

You may recognize some of the private companies that nontraded BDCs invest in. See what companies you know of... Payless P.F. Chang's Neiman Marcus Guitar Center Jo-Ann Stores Belk Nathan's Famous California Pizza Kitchen David's Bridal Smile Brands Harbor Freight Tools Jacuzzi Brands Cemex WastePro USA

September 23, 2016

What is the limit applied by most states in the U.S. to the amount of an investor’s net worth that can be invested in any individual nontraded REIT program?

What is the limit applied by most states in the U.S. to the amount of an investor’s net worth that can be invested in any individual nontraded REIT program? Answer: 10%

September 21, 2016

The top three BDC performers for the first half of 2016 posted total returns of over 8%. Find out who…

The top three BDC performers for the first half of 2016 posted total returns of over 8%. NexPoint Capital - 19.36% FS Energy & Power Fund - 15.85% FS Investment Corporation III - 8.41%

September 19, 2016

What is the limit on total compensation from any source payable to the dealer manager or the participating broker dealers for a nontraded REIT offering?

What is the limit on total compensation from any source payable to the dealer manager or the participating broker dealers for a nontraded REIT offering? Answer: 10% of the gross proceeds of the offering, excluding shares purchased through the DRIP

September 15, 2016

Which nontraded REIT has a sponsor that has committed to make a subordinated loan investment in the REIT to advance up to $36.0 million to maintain an estimated NAV of $10.00 or greater?

Which nontraded REIT has a sponsor that has committed to make a subordinated loan investment in the REIT to advance up to $36.0 million to maintain an estimated NAV of $10.00 or greater? Answer: Lightstone Real Estate Income Trust, Inc. Lightstone Real Estate Income Trust is classified by Blue Vault as an Emerging LifeStage™…

September 14, 2016

Most nontraded BDCs invest in private operating businesses. However, there is one BDC that invests in real estate.

Most nontraded BDCs invest in private operating businesses. However, there is one BDC that invests in real estate. Terra Income Fund, 6 Inc. is a BDC that invests in real estate debt.

September 12, 2016

Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments?

Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments? Answer: Cole Credit Property Trust IV, Inc. (879 properties) and American Realty Capital New York City REIT, Inc. (five properties) respectively. Maturing A maturing nontraded REIT’s acquisition and debt strategy is…