Nontraded REIT- Page 42 of 71

Nontraded REIT

November 8, 2016

HFF Closes Sale of Southwest Florida Shopping Center

HFF Closes Sale of Southwest Florida Shopping Center November 3, 2016 | by Irina Vrasmas | Commercial Property Executive Mission Hills Shopping Center caters to approximately 33,400 residents within a 3 mile radius. Mission Hills Shopping Center, Naples, Fla. Naples, Fla.—HFF has recently closed the sale of Mission Hills Shopping Center, an 85,078-square-foot grocery-anchored commercial center…

November 8, 2016

Hines REIT Shareholders Approve Liquidation Plan

Hines REIT Shareholders Approve Liquidation Plan November 8, 2016 | by DI Wire Shareholders of Hines Real Estate Investment Trust, Inc., a publicly registered non-traded real estate investment trust, approved the liquidation and dissolution of the company, according to a filing with the Securities and Exchange Commission. The REIT’s board of directors unanimously approved the…

November 7, 2016

$103M Resort Retail Portfolio Changes Hands

$103M Resort Retail Portfolio Changes Hands November 7, 2016 | by Keith Loria | Commercial Property Executive CNL Lifestyle Properties has sold a seven-property portfolio of trophy retail assets located within luxury resorts in the U.S. and Canada. Straton Village Fort Lauderdale, Fla.—A private real estate consortium between The Imperium Cos., MMG Equity Partners and…

November 7, 2016

Griffin-American Healthcare REIT IV Enters Agreement to Acquire Evendale Medical Office Building Near Cincinnati

Griffin-American Healthcare REIT IV Enters Agreement to Acquire Evendale Medical Office Building Near Cincinnati Thursday, November 3, 2016 5:30 PM UTC CINCINNATI, Nov. 03, 2016 -- American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has entered into an agreement to acquire Evendale Medical Office…

November 3, 2016

Phillips Edison Grocery Center REIT I, Inc. Closes 7-Year, $255 Million Unsecured Term Loan Facility

Phillips Edison Grocery Center REIT I, Inc. Closes 7-Year, $255 Million Unsecured Term Loan Facility November 02, 2016 01:00 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT I, Inc. (the “Company”) announced that it recently closed on a seven-year, $255 million unsecured term loan facility. Proceeds from the term loan were used to…

November 3, 2016

Griffin Capital Nabs 3M Distribution Center in DeKalb

Griffin Capital Nabs 3M Distribution Center in DeKalb October 28, 2016 | by Ioana Neamt | Commercial Property Executive The company paid $69.4 million to acquire the asset from Clayco and Venture One Real Estate. 3M Co. distribution center in Dekalb, Ill. Chicago—Griffin Capital Corp. recently shelled out $69.4 million to acquire the 3M Co. Distribution…

November 1, 2016

New Entrants in Field of Nontraded REITs

New Entrants in Field of Nontraded REITs October 31, 2016 | By Karina Estrella | Urban Land This article is republished with permission from REITCafe. According to The DI Wire, Cantor Fitzgerald is launching a $1 billion nontraded real estate investment trust (REIT) called Rodin Global Property Trust Inc. Rodin intends to focus investments to single-tenant, net-leased commercial properties…

November 1, 2016

Blackstone reaches another AUM record, net income up nearly 50% in quarter

Blackstone reaches another AUM record, net income up nearly 50% in quarter OCTOBER 27, 2016 1:07 PM | BY MEAGHAN KILROY | Pensions & Investments Blackstone Group's assets under management grew to a record $361 billion as of Sept. 30, up 1.3% from three months earlier and up 8.1% from 12 months earlier, said the firm's…

October 31, 2016

Carter Validus continues buying spree

Carter Validus continues buying spree October 28, 2016 | BY: KEVIN MCQUAID | Business Observer With a deal to acquire a California data center operated by AT&T, Carter Validus Mission Critical REIT II has pushed its total 2016 purchases above $350 million, records show. The Tampa-based real estate investment trust, which specializes in medical office buildings,…