REIT Industry Update- Page 12 of 13

REIT Industry Update

September 24, 2014

Blue Vault Questions Investment News Article

In the article written by Bruce Kelly of InvestmentNews on September 17, 2014, titled “Nontraded REITs stack up well compared with traded REITs,” he states that an August 2014 Green Street Advisors study is the “first to track nontraded REIT performance in comparison with their traded counterparts.” Unfortunately, Mr. Kelly forgot to check his facts…

August 7, 2014

Blue Vault LifeStages 101

When considering an investment in nontraded REITs, both investors and financial advisors need to be aware that these investment vehicles move through distinct developmental stages over time as they grow from inception to maturity. As a result, their performance characteristics more closely mirror those of direct property investments, private equity, and other illiquid vehicles. In…

June 18, 2014

Separating Fact from Fiction: A Rebuttal to Recent Articles Regarding Nontraded REIT Performance

In our opinion, recent articles and blog postings have presented a biased view of nontraded REIT performance. For example, in the June 15, 2014, Wall Street Journal article titled “Nontraded REITs are Hot, But Have Plenty of Critics” and in online blog posts by the Securities Litigation & Consulting Group, we believe the data fall…

April 23, 2014

Going Beyond the Basic Rating System: Introducing Blue Vault’s New Performance Profiles

Blue Vault was founded on the belief that financial professionals need data and analysis based on fact, not opinion. For the past five years we have developed analytical tools and financial models that offer our clients the full picture of performance free of subjectivity and personal opinion. From our perspective, a truly effective performance measurement…

March 13, 2014

Franklin Square to List First Nontraded BDC on the NYSE

Franklin Square recently announced that it will be listing its first nontraded BDC, FS Investment Corp., on the New York Stock Exchange under the symbol “FSIC.. It is expected to list in April 2014. FSIC was the first nontraded business development company (BDC) product in existence. Launched in 2009, FS Investment Corp. is a partnership…

November 26, 2013

Fundraising Does Not Equal Performance

Pick any article published about, nontraded REITs within the past year and most likely the primary focus of the article will be about how much money the industry has raised. Over and over again, we continue to see a significant amount of emphasis placed on this topic and are troubled by the suggestion that fundraising…

August 22, 2013

BDCs – A Primer

Blue Vault has formed a strategic alliance with Blue Springs Capital to launch a new report that will monitor and analyze the performance of nontraded Business Development Companies (BDC). Created for the purpose of providing education and enhanced transparency for the nontraded REIT industry, Blue Vault is expanding the firm’s research of nontraded investment products…

June 27, 2013

When One Door Closes….

The pace of nontraded REIT offering closings has accelerated significantly over the past six months. In fact, through June 2013, there have been a total of ten offerings that have closed to new investments compared to eight offerings that closed during all of 2012. While some might have their concerns about this recent trend, these…

February 13, 2013

The FFO and MFFO Debates

Ask anyone in the real estate investment industry and they will tell you that the metric known as “Funds from Operations,” or FFO, is not perfect. In fact, there has been an ongoing debate within the publicly traded REIT community for years on this very topic. The FFO metric was originally adopted by the National…