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Using Blue Vault Data to Analyze Distribution Sustainability
September 28, 2022
Blue Vault has been reporting metrics to gauge the performance of nontraded REITs since our beginning in 2009. Given the uniqueness…
Assessing the Corporate Property Associates 18 – Global Merger
September 6, 2022
The merger of Corporate Property Associates 18 – Global (“CPA 18”) with W.P. Carey was completed on August 1, 2022. In this article we look at the financial…
State Securities Regulators Consider Rules Affecting Nontraded REITs
September 1, 2022
The North American Securities Administrators Association (“NASAA”) is considering new policies that would establish limits on how much an individual can…
The Portfolio Re-Balancing Conundrum
July 25, 2022
During the May 20 Blue Vault Webinar entitled “Can Real Estate Performance be Sustained in a Recession?” Adam Lotterman…
Cerulli/Blue Vault Survey: Alternative Investments Enter a “Goldilocks” Phase
July 20, 2022
Advisors express growing demand for alternative investments; intermittent liquidity exposures post “hockey-stick growth” as…
The Federal Reserve’s Beige Book Affirms Strength of Multifamily and Industrial CRE Sectors
July 14, 2022
Two themes emerge from yesterday’s Beige Book release. First, there are regional differences in the strength of commercial real…
As Interest Rates Rise, More Nontraded REITs Have More Variable Rate Debt
July 8, 2022
With interest rates rising, many nontraded REITs may be wishing they had more of their debt at fixed interest rates, or rates…
The Housing Shortage Is Going to Get Worse
July 1, 2022
The Federal Reserve’s increase in its overnight rate for the third time this year in mid-June led to an increase in the average rate…
Thoughts About Effects of Rising Interest Rates on CRE NAVs and Cap Rates
June 30, 2022
In this discussion, we focus on the effects of rising interest rates on the valuation of commercial real estate and we consider the…
The Importance of MFFO in Assessing Nontraded REIT Performance
June 28, 2022
Most investors in nontraded REITs correctly focus their attention on cash flows, or more specifically the cash distributions the…
The Use of Interest Rate Caps and Swaps by NTRs in a Rising Rate Environment
June 21, 2022
A recent Special Report published by Marcus & Millichap goes into great detail on the use of interest rate caps and swap…
Overlooking the Risk-Return Relationship in Listed vs. Nontraded REITs
June 16, 2022
Investors that choose to diversify their portfolios with alternatives such as commercial real estate have to pay attention to more than just…
The Interesting Effects of Changes in Discount Rates and Cap Rate Assumptions on NAVs
June 2, 2022
A recent article on the differences in appraised values that a certain ex-president owner of commercial property has reported to his mortgage bankers…
Diversification Across Continuously Offered Nontraded REITs
May 26, 2022
In this article we look at the possibilities of diversification across the current offerings of continuously offered nontraded REITs…
The Federal Reserve’s Double Whammy and Commercial Real Estate
May 6, 2022
Besides their intention to raise interest rates, the Fed is also planning to reduce its record balance sheet by selling off its assets which…
Why Retail May Be the Next Commercial Real Estate Sector to Look At
April 26, 2022
While much of the good news across commercial real estate sectors during the pandemic has come from industrial, multifamily, and self-storage…
The Logic Behind Taking Listed REITs Private
April 26, 2022
The Logic Behind Taking Listed REITs Private April 26, 2022 | James Sprow | Blue Vault The headline on April 25 stated that Blackstone Inc. (Ticker: BX) agreed to buy another real estate investment trust (REIT) PS Business Parks (Ticker: PSB) for $7.6 billion, including debt. The deal would take the REIT private and pay …
Looking for High Occupancy and Long-Term Leases in Nontraded REIT Portfolios (Q4 2019)
May 15, 2020
In today’s turbulent financial markets it’s very difficult to identify safe havens for investment. With regard to commercial real estate, two measures of relative safety might…
Nontraded REIT Liquidity and the Coronavirus
March 31, 2020
As we’ve mentioned in other articles recently, nontraded REIT manages are contemplating or have already take action to delay or discontinue distributions. Some asset types are being hit…
Looking for High Occupancy and Long-Term Leases
March 16, 2020
In today’s turbulent financial markets it’s very difficult to identify safe havens for investment. With regard to commercial real estate…
The Potentially Confusing Front-End Load
March 2, 2020
When investors or financial advisors think about front-end loads, what comes to mind? Front-end loads in the alternative investment industry are typically thought of as…
A Deeper Look at CNL
February 19, 2020
On February 11, Blue Vault presented a webinar exploring the performance of programs sponsored by CNL Financial Group (“CNL”). Founded in 1973 by…
A Deeper Look at Owl Rock
January 29, 2020
On January 23, 2020, Blue Vault Partners hosted a webinar covering the performance history of Owl Rock Capital Partners (“Owl Rock”). Owl Rock is an alternative asset manager founded in…
NTR Performance and Property Sector Concentrations
January 29, 2020
In looking at the total returns to shareholders reported by eleven nontraded REITs with continuous offerings and monthly or daily net asset value (NAV) reporting, it’s apparent…
A Deeper Look at Leitbox, Sixty West, and Triton Pacific
October 16, 2019
On October 8, Blue Vault presented a Webinar introducing three companies that sponsor alternative investment programs…
