Inside the Vault- Page 9 of 88

Inside the Vault

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

August 30, 2022

In the recent Cerulli Associates survey of financial advisors, in partnership with Blue Vault Partners, what was the most-cited challenge to investing in illiquid alternative investments?

In the recent Cerulli Associates survey of financial advisors, in partnership with Blue Vault Partners, what was the most-cited challenge to investing in illiquid alternative investments? Answer: 53% of respondents cited "Lack of liquidity is not suitable for clients" followed by "Complexity of products makes due diligence difficult" cited by 42%.

August 25, 2022

In how many months of the past 31, thru July 2022, was the median total return to shareholders in continuously offered nontraded REITs negative?

In how many months of the past 31, thru July 2022, was the median total return to shareholders in continuously offered nontraded REITs negative? Answer: The median return to shareholders in continuously offered nontraded NAV REITs was negative only in March 2020, once in 31 months. The S&P 500 Index had negative total returns in…

August 23, 2022

According to a recent Cerulli Associates / Blue Vault survey of investment advisors, what is the expected portfolio distribution in all alternative investments in 2024?

According to a recent Cerulli Associates / Blue Vault survey of investment advisors, what is the expected portfolio distribution in all alternative investments in 2024? Answer: Survey respondents gave an average expected distribution in all alternative investments in 2024 of 17.5%, up from the 14.5% distribution in 2022.

August 17, 2022

How many of the 16 offerings by nontraded REITs that were open as of June 30, 2022, are perpetual offerings with no specific closing date?

How many of the 16 offerings by nontraded REITs that were open as of June 30, 2022, are perpetual offerings with no specific closing date? Answer: 14 of the 16 offerings are perpetual. One offering is "continuous" and may have a full-cycle event in the future. One has a specific anticipated closing date.

August 16, 2022

For those 16 nontraded REITs that had open offerings as of June 30, 2022, how many based their asset management fees on their net asset values?

For those 16 nontraded REITs that had open offerings as of June 30, 2022, how many based their asset management fees on their net asset values? Answer: All but four of the nontraded REITs based their asset management fees on their total net asset value. The four based their asset management fees on the gross…

August 11, 2022

Which Company that recently completed a merger with a nontraded REIT has increased its dividends per share every year since going public in 1998?

Which Company that recently completed a merger with a nontraded REIT has increased its dividends per share every year since going public in 1998? Answer: W.P. Carey has increased its dividend every year since going public in 1998. On August 1 it completed the merger of Corporate Property Associates 18 - Global. Class A shareholders…

August 9, 2022

What has happened to the share of commercial real estate investment by dollar volume that has gone to Secondary/Tertiary markets in the U.S. through Q1 2022?

What has happened to the share of commercial real estate investment by dollar volume that has gone to Secondary/Tertiary markets in the U.S. through Q1 2022? Answer: 58.0% of capital allocations in commercial real estate in Q1 2022 has gone to Secondary/Tertiary markets in the U.S. This is up from 53.1% in Q1 2020. Cap…

August 4, 2022

What is the latest acquisition of a public REIT by Blackstone REIT?

What is the latest acquisition of a public REIT by Blackstone REIT? Answer: Four of this year’s nine pending or completed REIT acquisitions involve Blackstone REIT, including a $12.8 billion deal for American Campus Communities that’s expected to be completed in the third quarter. That deal comes at a 30% premium from the share price…