Nontraded REIT- Page 33 of 70

Nontraded REIT

February 16, 2017

Steadfast Apartment REIT Raises NAV Per Share

Steadfast Apartment REIT Raises NAV Per Share February 16, 2017 | by James Sprow | Blue Vault On February, 14 the board of directors of Steadfast Apartment REIT Inc. (STAR) declared an estimated value of $14.85 per share of the company’s common stock, as of December 31, 2016. The company engaged CBRE Capital Advisors, Inc.…

February 16, 2017

Federal Reserve Officials Express Concern About CRE Valuations

Federal Reserve Officials Express Concern About CRE Valuations February 16, 2017 | by James Sprow | Blue Vault In the central bank’s semiannual Monetary Policy Report to Congress, commercial property prices were identified as a “growing concern” amidst a climate in which other asset markets were described as having only moderate risks of financial instability.…

February 14, 2017

KBS Strategic Opportunity REIT Acquires Two Office Buildings in Georgia

KBS Strategic Opportunity REIT Acquires Two Office Buildings in Georgia February 14, 2017 | by James Sprow | Blue Vault On February 14, 2017, KBS Strategic Opportunity REIT, Inc. acquired an office property (“Crown Pointe”) consisting of two office buildings containing an aggregate of 499,968 rentable square feet in Dunwoody, Georgia. The purchase price of…

February 14, 2017

FS Investments Sponsors a New Nontraded REIT

FS Investments Sponsors a New Nontraded REIT February 14, 2017 | by James Sprow | Blue Vault On February 13, FS Investments filed a prospectus with the SEC for FS Credit Real Estate Income Trust, Inc., a nontraded REIT program focused on floating-rate mortgage loans that are secured by first priority mortgages on transitional commercial…

February 14, 2017

Strategic Storage Growth Trust Announces Plans to Close Primary Offering at $200 Million

Strategic Storage Growth Trust Announces Plans to Close Primary Offering at $200 Million February 14, 2017 | by James Sprow | Blue Vault On February 9, 2017, the board of directors of Strategic Storage Growth Trust, Inc. (“SSGT”) approved the close of the primary offering upon SSGT crossing the $200 million threshold in its primary…

February 10, 2017

Dividend Capital Diversified Property Fund Inc. Announces Tender Offer for Class E Shares

Dividend Capital Diversified Property Fund Inc. Announces Tender Offer for Class E Shares February 10, 2017 | by James Sprow | Blue Vault Dividend Capital Diversified Property Fund Inc. is offering to purchase up to 5,326,231 shares of the Company’s unclassified common stock, also referred to as “Class E” shares, for cash at a purchase…

February 10, 2017

Carter Validus Mission Critical REIT II Declares Distribution Rates to be Paid in Q2 2017

Carter Validus Mission Critical REIT II Declares Distribution Rates to be Paid in Q2 2017 February 10, 2017 | James Sprow | Blue Vault On February 8, 2017, the board of directors of Carter Validus Mission Critical REIT II authorized daily distributions rates for the three classes of common stock as follows: Class A Distributions…

February 10, 2017

NorthStar/RXR New York Metro Real Estate, Inc. Lowers Fees

NorthStar/RXR New York Metro Real Estate, Inc. Lowers Fees February 10, 2017 | James Sprow | Blue Vault In a move to reduce the fees paid to its advisor and make the REIT more competitive among the nontraded REIT offerings, NorthStar/RXR New York Metro Real Estate, Inc. lowered its asset management fees payable to its…

February 9, 2017

Strategic Storage Trust II Acquires Five Toronto Self Storage Properties via Merger

Strategic Storage Trust II Acquires Five Toronto Self Storage Properties via Merger February 9, 2017 | by James Sprow | Blue Vault On February 1, 2017, Strategic Storage Trust II, Inc. (SSTII) acquired a portfolio of five self storage properties consisting of an aggregate of approximately 460,400 rentable square feet and 4,010 units located in…