Nontraded REIT
KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million May 17, 2016

KBS Strategic Opportunity REIT to Buy San Francisco Office Building for $170 Million

KBS Strategic Opportunity REIT Inc., a publicly registered non-traded business development company, entered into an agreement to purchase 353 Sacramento in San Francisco for $169.5 million plus closing costs. The seller, Pacific EIH Sacramento LLC, is not affiliated with the company. Built in 1982, the class A, 284,800-square-foot office building sits on 0.35 acres of…
Hines Said to Offer $5.5 Billion Real Estate Portfolio Sale May 17, 2016

Hines Said to Offer $5.5 Billion Real Estate Portfolio Sale

May 13, 2016 — 4:52 AM EDT | by Jack Sidders | Bloomberg An office building leased by Morgan Stanley in London’s Canary Wharf district is being offered for sale by U.S. real estate company Hines as part of a $5.5 billion property portfolio disposal, according to a person with knowledge of the matter. The Houston-based company, which…
KBS Strategic Opportunity REIT Buys Washington Portfolio for $128 Million May 13, 2016

KBS Strategic Opportunity REIT Buys Washington Portfolio for $128 Million

May 12 2016 | by DI Wire KBS Strategic Opportunity REIT, a publicly registered non-traded real estate investment trust, purchased the Westpark Portfolio in Redmond, Washington for $128 million. “The dynamic location of the Westpark Portfolio presents a compelling opportunity for KBS, and tenants will enjoy the live-work-play environment, mass-transit options and accessibility,” said Jeff…
Franklin Square Closes on over $370 Million of Q1 Private Deals May 13, 2016

Franklin Square Closes on over $370 Million of Q1 Private Deals

Alts leader exceeds $250 million mark in direct lending for 14th consecutive quarter 09:03 ET from Franklin Square Capital Partners | PR Newswire PHILADELPHIA, May 12, 2016 /PRNewswire/ -- Franklin Square Capital Partners (Franklin Square), a leading alternative investment manager, announced that its business development company (BDC) direct lending platform committed over $370 million to private deals…
Strategic Storage Trust II, Inc. (SST II) Enters Sacramento Market; Acquires 530-Unit Self Storage Facility May 13, 2016

Strategic Storage Trust II, Inc. (SST II) Enters Sacramento Market; Acquires 530-Unit Self Storage Facility

Market Wired | May 11, 2016 12:25 ET Strategic Storage Trust II, Inc. (SST II) -- which is sponsored by SmartStop Asset Management, LLC -- recently purchased a self storage facility located in the Sacramento-Roseville Metropolitan Statistical Area (MSA). The five-building facility totals approximately 530 units and approximately 61,200 rentable square feet. "We are excited to…
Inland Real Estate Income Trust, Inc. Acquires the Grocery-Anchored Coastal North Town Center in North Myrtle Beach, South Carolina May 6, 2016

Inland Real Estate Income Trust, Inc. Acquires the Grocery-Anchored Coastal North Town Center in North Myrtle Beach, South Carolina

April 28, 2016 03:00 PM Eastern Daylight Time OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Income Trust, Inc. (“Inland Income Trust”) announced today the acquisition of the 311,313-square-foot Coastal North Town Center in North Myrtle Beach, South Carolina, located approximately 123 miles north of Charleston. Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, Inc.,…
Resource Real Estate Opportunity REIT II to Buy Portland Multifamily Property for $81.5 Million May 6, 2016

Resource Real Estate Opportunity REIT II to Buy Portland Multifamily Property for $81.5 Million

May 03 2016 | DI Wire Resource Real Estate Opportunity REIT II, Inc., a publicly registered non-traded real estate investment trust, entered into an agreement to purchase a multifamily community in Portland, Oregon for approximately $81.5 million, excluding closing costs. The seller, Holland Breckenridge Apartment Homes LLC, is unaffiliated with the company. Breckenridge Apartments is…
Hartman XX Leases 26,169 Square Feet at One Technology Center May 4, 2016

Hartman XX Leases 26,169 Square Feet at One Technology Center

PRWeb | Saturday, April 30th 2016 Hartman Short Term Income Properties XX, Inc. (“Hartman XX” or the “Company”) a publicly registered, non-traded real estate investment trust, reports Galen Health Institutes has signed a lease for an additional 26,169 square feet of space at the Company’s One Technology Center located in San Antonio, TX. SAN ANTONIO, TX…
InvenTrust Properties Corp. Completes Spin-off of Highlands REIT, Inc. May 4, 2016

InvenTrust Properties Corp. Completes Spin-off of Highlands REIT, Inc.

Takes Next Step Toward Becoming a Pure-Play Retail REIT April 28, 2016 06:08 PM Eastern Daylight Time OAK BROOK, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today announced that it has successfully completed the spin-off of Highlands REIT, Inc. (“Highlands”) through the pro rata distribution of 100% of Highlands common stock to InvenTrust stockholders…

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