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Nontraded REIT
Phillips Edison Grocery Center REIT II, Inc. Strengthens Portfolio with Strategic Acquisition April 1, 2016

Phillips Edison Grocery Center REIT II, Inc. Strengthens Portfolio with Strategic Acquisition

March 31, 2016 01:06 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced the strategic acquisitions of a grocery-anchored shopping center in Ohio. The Company acquired the 67,280 square-foot Lakewood City Center in Lakewood, Ohio, a suburb approximately six miles west of Cleveland. The shopping center is located…
Moody National REIT I Declares Value at $10.75 per Share April 1, 2016

Moody National REIT I Declares Value at $10.75 per Share

HOUSTON, March 31, 2016 /PRNewswire/ -- Moody National REIT I, Inc., ("REIT I") a publicly registered non-traded real estate investment trust, has announced that, on March 24, 2016, its board of directors determined the estimated value per share of the Company's stock was $10.75 per share as of December 31, 2015. This estimated value per…
New York City REIT to Buy Midtown Manhattan Office Asset March 30, 2016

New York City REIT to Buy Midtown Manhattan Office Asset

March 25, 2016 | by Barbra Murray | Commercial Property Executive American Realty Capital NYC REIT will pay $180 million to acquire the Manhattan office asset from an affiliate of The Blackstone Group. New York—Slowly but surely, American Realty Capital New York City REIT Inc.’s portfolio is getting bigger and bigger. The public non-traded REIT will add…
Steadfast Apartment REIT Approves New Estimated Value of $14.46 Per Share March 30, 2016

Steadfast Apartment REIT Approves New Estimated Value of $14.46 Per Share

March 29, 2016 03:55 PM Eastern Daylight Time IRVINE, Calif.--(BUSINESS WIRE)--Steadfast Apartment REIT, Inc. (STAR) announced today the determination of an estimated value per share of the company’s common stock of $14.46 as of December 31, 2015. The estimated value per share was determined by STAR’s board of directors after independent, third-party firms conducted property-level…
Carter Validus Mission Critical REIT II Acquires Data Center Properties Totaling Over $24.2 Million March 30, 2016

Carter Validus Mission Critical REIT II Acquires Data Center Properties Totaling Over $24.2 Million

March 28, 2016 11:24 AM Eastern Daylight Time TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) announced the acquisition of data center properties totaling approximately $24.2 million in aggregate purchase price. CVMC REIT II acquired the Alpharetta Data Center III property (“ADC III”) on February 2, 2016 for approximately $15,750,000. ADC…
JLL Income Property Trust Declares 17th Consecutive Quarterly Dividend March 30, 2016

JLL Income Property Trust Declares 17th Consecutive Quarterly Dividend

March 22, 2016 8:55 AM | Yahoo Finance CHICAGO, IL--(Marketwired - Mar 22, 2016) - JLL Income Property Trust (the "Company"), an institutionally-managed, non-listed, daily valued perpetual life REIT (NASDAQ: ZIPTAX) (NASDAQ: ZIPTMX) (NASDAQ: ZIPIAX) (NASDAQ: ZIPIMX), announced that on March 8, 2016 its board of directors declared a regular quarterly dividend of $0.12 per…
NATIONAL RETAIL PROPERTIES, INC. PRESIDENT AND CEO JULIAN E. WHITEHURST APPOINTED TO THE INVENTRUST BOARD OF DIRECTORS March 29, 2016

NATIONAL RETAIL PROPERTIES, INC. PRESIDENT AND CEO JULIAN E. WHITEHURST APPOINTED TO THE INVENTRUST BOARD OF DIRECTORS

MARCH 24, 2016 | by EPR RETAIL NEWS EDITORS InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today announced that Julian E. (“Jay”) Whitehurst, President and Chief Operating Officer of National Retail Properties, Inc. (NYSE:NNN) has been appointed to the InvenTrust Board of Directors, effective immediately. With this addition, the InvenTrust Board now consists of six directors. “Jay…
KBS Signs More Than 60,000 SF in Leases at West Loop I & II in Metro Houston March 29, 2016

KBS Signs More Than 60,000 SF in Leases at West Loop I & II in Metro Houston

Posted on March 24, 2016 by Haisten Willis in Office, Texas BELLAIRE, TEXAS — KBS Strategic Opportunity REIT, a non-traded real estate investment trust based in Newport Beach, Calif., has signed nine leases totaling 60,227 square feet at West Loop I & II in Bellaire with tenants in the medical and financial industries. Bellaire Dermatology…
Lansing hotel acquired by New York City firm March 29, 2016

Lansing hotel acquired by New York City firm

Thursday, 24 March 2016 10:07 | Written by  MiBiz Staff | MiBiz LANSING — An affiliate of a New York City-based investment firm has acquired a hotel in Lansing. The property in question is the Hampton Inn hotel at 900 North Canal Road in Lansing, according to a statement from real estate research firm CoStar Group…
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