Inside the Vault- Page 8 of 88

Inside the Vault

November 9, 2022

What was the weighted average interest rate on the $128.3 billion total debt owed by all nontraded REITs as of June 30, 2022?

What was the weighted average interest rate on the $128.3 billion total debt owed by all nontraded REITs as of June 30, 2022? Answer: The weighted average interest rate on the total debt of nontraded REITs as of June 30, 2022, was 3.53%. Approximately 51% of that debt was at fixed interest rates.

November 2, 2022

What was the total notional value of interest rate swaps and interest rate caps on the books of nontraded REITs as of June 30, 2022?

What was the total notional value of interest rate swaps and interest rate caps on the books of nontraded REITs as of June 30, 2022? Answer: $58.5 billion in notional value of swaps and caps on total debt of $128.3 billion as of June 30, 2022.

October 26, 2022

What percentage of total assets held by nontraded REITs as of June 30, 2022, were held by Blackstone Real Estate Income Trust?

What percentage of total assets held by nontraded REITs as of June 30, 2022, were held by Blackstone Real Estate Income Trust? Answer: 56.4% of all NTR assets were held by Blackstone Real Estate Income Trust as of June 30, 2022.

October 18, 2022

What is the newest nontraded REIT program?

What is the newest nontraded REIT program? Answer: J. P. Morgan Real Estate Income Trust, Inc.

October 3, 2022

Which listed REIT which was originally a nontraded REIT program will merge with a Blackstone affiliate for $24.25 in the second half of 2022?

Which listed REIT which was originally a nontraded REIT program will merge with a Blackstone affiliate for $24.25 in the second half of 2022? Answer: Bluerock Residential Growth REIT ("BRG") will merge with an affiliate of Blackstone Inc. The merger proposal was approved by BRG shareholders. The stock traded at less than $12.00 per…

September 28, 2022

Which nontraded BDC raised $224.4 million in capital in August 2022?

Which nontraded BDC raised $224.4 million in capital in August 2022? Answer: Blue Owl Capital Inc. (formerly Owl Rock Capital Advisors) raised $224.4 for Owl Rock Core Income Corp. in August 2022.

September 14, 2022

Which nontraded REITs raised the most capital in Q2 2022?

Which nontraded REITs raised the most capital in Q2 2022? Answer: The top six nontraded REITs raising capital in Q2 2022 were: Blackstone REIT, Starwood REIT, FS Credit Real Estate Income Trust, Nuveen Global Cities REIT, Hines Global Income Trust and Ares Industrial REIT. Blackstone raised $6.67 billion, including DRIP proceeds. Starwood REIT raised $1.8…

September 13, 2022

According to the recent Cerulli Associates survey of financial advisors, what factor had the highest response rate for the question “What factor would drive increased alternative allocations?”

According to the recent Cerulli Associates survey of financial advisors, what factor had the highest response rate for the question "What factor would drive increased alternative allocations"? Answer: 59% of respondents cited "Enhanced liquidity of alternative investments" as a factor that would drive increased alternatives allocations, the top choice.

September 6, 2022

According to the recent white paper by Cerulli Associates in partnership with Blue Vault, what was the total assets in Nontraded REITs, Interval Funds, Nontraded BDCs and Tender Offer Funds in 2021?

According to the recent white paper by Cerulli Associates in partnership with Blue Vault, what was the total assets in Nontraded REITs, Interval Funds, Nontraded BDCs and Tender Offer Funds in 2021? Answer: $344.8 billion