Sale-leaseback of high-quality property adds to German hospitality assets in portfolio January 13, 2016 07:30 ET from CPA:18 -- Global | PR NewsWire NEW YORK, Jan. 13, 2016 /PRNewswire/ -- W. P. Carey Inc., a global net lease REIT specializing in corporate sale-leaseback andbuild-to-suit financing and the acquisition of single-tenant net lease properties, announced that CPA®:18…
Nontraded REIT
CNL’s Corporate Capital Trust Reschedules Offering Close
Jan 12 2016 | DI Wire Corporate Capital Trust Inc., a non-traded business development company sponsored and advised by CNL Financial Group and KKR, reported that investments in the company’s common stock will now close on February 12, 2016 to investors who purchase shares through the independent broker-dealer channel. The company indicated that investments will…
Strategic Storage Trust II, Inc. (SST II) Amends Credit Facility With KeyBank With Maximum Expansion Size of $500 Million
Press Release: Strategic Storage Trust II, Inc. – 1/13/16 |Yahoo Finance via Marketwired LADERA RANCH, CA--(Marketwired - Jan 12, 2016) - Strategic Storage Trust II, Inc. (SST II) -- which is sponsored by SmartStop Asset Management, LLC -- recently announced the amendment of its credit facility with KeyBank. The amended credit facility is a revolving credit facility that…
Inland Acquires Grocery-anchored Marketplace at Tech Center
JANUARY 12, 2016 | BY MELONIE MESSINA |Chain Store Age Newport News, Va. -- Inland Real Estate Income Trust announced the acquisition of the approximately 210,000-sq. ft. Marketplace at Tech Center, a newly constructed grocery-anchored power center, in Newport News, Virginia. Mark Cosenza, VP of Inland Real Estate Acquisitions facilitated the purchase of the property on…
W. P. Carey Inc.’s CPA:18 Global Acquires Industrial Site And Headquarters In Menomonee Falls, Wisconsin
Area Development News Desk (01/08/2016) | W.P. Carey Inc., a global net lease real estate investment trust specializing in corporate sale-leaseback and build-to-suit financing and the acquisition of single-tenant net lease properties, announced that CPA:18 – Global, one of its managed non-traded REITs, acquired a 550,000-square-foot corporate headquarters and industrial printing facility for approximately $23 million…
Hartman Announces Regional Sales Director Appointment
January 08, 2016 5:10am |Benzinga |Houston, TX (PRWEB) Hartman Income REIT Management, Inc. is proud to announce the appointment of Travis Hamlin as its Regional Sales Director for its Western Region, where he will be responsible for sales of Hartman investment programs in all western states except California. Before joining Hartman, Mr. Hamlin served for…
Q&C Hotel in downtown New Orleans sold for $51.2 million
ADVOCATE STAFF REPORT | Jan. 8, 2016; 4:14 p.m. | The Advocate The century-old Q&C Hotel in the Central Business District has been sold for $51.2 million. The 12-story, two-building hotel, located at 344 Camp St., was sold to Encore Hospitality LLC, a subsidiary of Texas-based Encore Enterprises Inc., in a joint venture with KBS Strategic…
Extra Space Storage Inc. Closes Acquisition Of SmartStop Self Storage, Inc. Including A Store Location In Manassas
Provided by Extra Space Storage Extra Space Storage Inc. (“Extra Space”), a leading owner and operator of self-storage properties, announced today it has completed its acquisition of SmartStop Self Storage, Inc. (SmartStop), a public, non-traded real estate investment trust (REIT). SmartStop stockholders approved the transaction at their shareholder meeting held on September 29, 2015. Stockholders received $13.75 per share…
JLL Income Property Trust Closes Venture Investment in 15 Property Portfolio of New York City Retail Properties
SOURCE: JLL Income Property Trust January 05, 2016 11:26 ET | Market Wired CHICAGO, IL--(Marketwired - Jan 5, 2016) - JLL Income Property Trust, an institutionally-managed, non-listed, daily valued perpetual life REIT (NASDAQ: ZIPTAX) (NASDAQ: ZIPTMX) (NASDAQ: ZIPIAX) (NASDAQ: ZIPIMX), today announced it recently acquired an approximate 14% interest in a portfolio of 15 urban…
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