Nontraded REIT- Page 22 of 71

Nontraded REIT

July 7, 2017

Phillips Edison Grocery Center REIT I Shareholders to Vote on Internalization

Phillips Edison Grocery Center REIT I Shareholders to Vote on Internalization July 7, 2017 | by James Sprow | Blue Vault At a shareholder meeting set for September 20, Phillips Edison Grocery Center REIT I (“PECO I”) shareholders will vote on a transaction which will make the REIT an internally-managed, non-traded grocery-anchored shopping center REIT…

July 6, 2017

Griffin-American Healthcare REIT IV Acquires Five Northern California Senior Housing Facilities

Griffin-American Healthcare REIT IV Acquires Five Northern California Senior Housing Facilities July 7, 2017 | by James Sprow | Blue Vault American Healthcare Investors and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has completed the acquisition of the first of two tranches of the total…

June 29, 2017

Resource Real Estate Nontraded REITs COO Kevin Finkel Resigns

Resource Real Estate Nontraded REITs COO Kevin Finkel Resigns June 30, 2017 | by James Sprow | Blue Vault On June 27, 2017, Kevin M. Finkel notified the boards of directors of Resource Real Estate Opportunity REITs I and II, as well as Resource Income & Opportunity REIT, Inc. of his resignation as Chief Operating Officer and…

June 29, 2017

Institutional sponsors moving in on nontraded REIT market

Institutional sponsors moving in on nontraded REIT market June 26, 2017 | by TOM YEATTS | S&P Global Market Intelligence Regulatory changes and the departure of key sponsors have dramatically changed the nontraded real estate investment trust sector, and the players likely to dominate going forward will be much larger, with more prominent reputations, than their…

June 26, 2017

Carter Validus Mission Critical REIT II, Inc. Acquires Data Center in Atlanta, Georgia for $166 Million

Carter Validus Mission Critical REIT II, Inc. Acquires Data Center in Atlanta, Georgia for $166 Million The acquisition of the property, which serves as the American Cancer Society’s Global Headquarters, adds nearly one million square feet of data center and office space to Carter Validus Mission Critical REIT II, Inc.’s portfolio. June 22, 2017 |…

June 22, 2017

Non-Traded REITs: Go Mainstream or Die

Non-Traded REITs: Go Mainstream or Die Fundraising for the sector fell in 2016 due to the combination of impending regulatory changes and lackluster performance, notes Yardi Matrix Associate Director of Research Paul Fiorilla. The sector must continue to lower fees and improve liquidity to attract new investors. June 21, 2017 | by Paul Fiorilla | Commercial…

June 20, 2017

Blackstone may near $1bn for new non-traded REIT

Blackstone may near $1bn for new non-traded REIT June 17, 2017 | Gulf Times Blackstone Group expects to reach the $1bn mark for its first non-traded Real Estate Investment Trust (REIT) by the end of the month, people with knowledge of the matter said. The asset manager had gathered $875mn from more than 6,500 investors…

June 13, 2017

REITs Helping Address Demand for Affordable Housing

REITs Helping Address Demand for Affordable Housing May 31, 2017 | by Michele Lerner | REIT.com The rallying cry “the rent is too damn high” by Jimmy McMillan, a 2010 candidate for governor of New York, still resonates seven years later for many. As new apartment developments become more luxurious, the availability of affordable rentals is…

June 12, 2017

Inland Private Capital Corporation Completes Sale of Lost Creek Resorts at Lakewood Ranch Apartments in Bradenton, Florida

Constructed in 2012, the approximately 300,000-square-foot apartment property includes nine buildings with 92 one-bedroom, 124 two-bedroom and 56 three-bedroom units.