Nontraded REIT- Page 64 of 68

Nontraded REIT

February 12, 2016

Griffin Capital Essential Asset REIT II Acquires Toshiba Global Commerce Solutions Corporate Headquarters in Durham, North Carolina

(GLOBE NEWSWIRE) -- Griffin Capital Corporation ("Griffin Capital") announced today, on behalf of Griffin Capital Essential Asset REIT II, Inc. (the “REIT”), the acquisition of the 200,846-square-foot Toshiba Global Commerce Solutions Corporate Headquarters (the “Property”) located in Durham, North Carolina. The four-story, Class A office building is leased in its entirety to Toshiba TEC Corporation…

February 10, 2016

Resource America, Inc. Closes Latest REIT Offering – Over Half a Billion Dollars Raised

SOURCE: Resource America, Inc. February 09, 2016 09:00 ET PHILADELPHIA, PA--(Marketwired - Feb 9, 2016) - Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today that it has successfully closed its latest multifamily focused public offering, Resource Real Estate Opportunity REIT II, Inc. (the "REIT II"), a publicly registered non-traded REIT. REIT II raised $556…

February 10, 2016

First Capital Real Estate Trust Incorporated Acquires 92% Interest in a $78 Million Development Site

NEW YORK, Feb. 9, 2016 /PRNewswire/ -- First Capital Real Estate Advisors, LP, the external advisor to First Capital Real Estate Trust Incorporated ("First Capital"), an SEC-registered public non-traded REIT, announced today that First Capital acquired a 92% indirect ownership interest in Township Nine, a 62.6-acre mixed-use development project in Sacramento, California ("Township Nine") appraised at…

February 10, 2016

KBS REIT III Signs 15,000 SF in Leases at 500 West Madison in Chicago

Feb 09 2016 | Article by: The DI Wire KBS Real Estate Investment Trust III, a publicly registered non-traded REIT, signed two leases totaling 14,817 square feet at 500 West Madison, Chicago’s largest Class A, LEED Gold-certified tower. TalentSprout by Sykes Enterprises renewed and expanded a 10,425-square-foot lease, and OpenMarkets signed a new 4,392-square-foot lease.…

February 10, 2016

Will Blackstone build or buy a nontraded REIT business?

The firm could create its own REIT sponsor and wholesaler or take a run at an established one like NorthStar Asset Management Group Inc. Feb 9, 2016 @ 1:10 pm | By Bruce Kelly | Investment News With private equity giant The Blackstone Group potentially pushing its way into the nontraded real estate investment trust business, the…

February 10, 2016

MacKenzie Offers $5.00 Per Share of Sentio Healthcare Properties

Feb 08 2016 | Article by: The DI Wire MacKenzie Realty Capital Inc., a non-traded business development company, made a tender offer for 600,000 shares of common stock of Sentio Healthcare Properties for $5.00 per share. The offer expires on March 18, 2016. Sentio Healthcare Properties, a non-traded real estate investment trust that invests in healthcare…

February 9, 2016

Hines Global REIT II Buys Nevada Multifamily Property for $58.2 Million

Feb 05 2016 | Article by: The DI Wire Hines Global REIT II Inc., a publicly registered non-traded real estate investment trust, finalized the purchase of the Domain Apartments in Henderson, Nevada for $58.2 million, exclusive of transaction costs. The seller was LV Eastern LLC. Domain Apartments was constructed in 2014 and consists of 308 units…

February 9, 2016

Bellevue Marriott sells for $425,000 per room

February 5, 2016 | By JOURNAL STAFF | Daily Journal of Commerce The new 17-story Marriott at 200 110th Ave. N.E. in downtown Bellevue sold for $163.4 million, property records show. A real estate investment trust called Carey Watermark Investors 2 said last month it purchased the 384-room hotel but did not give the price. The REIT,…

February 5, 2016

Blackstone considering getting into nontraded REIT market

Source says firm eyes creating, managing nontraded REITs for brokers and advisers to sell Feb 4, 2016 @ 4:01 pm | By Bruce Kelly |Investment News Private equity giant The Blackstone Group is considering launching a nontraded real estate investment trust business that would both create and manage nontraded REITs for brokers and advisers to sell as…