Professional SErvices News
read the latest about the firms transforming how wealth advisors implement alts in their practices
Headlines
Investors Fully Subscribe ExchangeRight’s $107 Million Portfolio Designed for Recession-Resilience
ExchangeRight has fully subscribed its $107 million Net-Leased Portfolio 66 DST, comprising 11 properties with national tenants in necessity-based industries, offering an annualized distribution rate of 5.00%.
Go Store It Self Storage Names Adam Lentz as Chief Development Officer, Expanding National Reach
Go Store It Self Storage has promoted Adam Lentz to Chief Development Officer, bringing over 20 years of real estate experience to drive national growth.
LRT Company Launches $17 Million All-Cash DST Offering Near Hilton Head Island, SC
LRT Company has unveiled the LRT Hardeeville Senior Living DST, seeking to raise $17 million to develop a 154-unit assisted living and memory care facility in Hardeeville, SC, strategically located near Hilton Head Island.
Madison Capital Markets Welcomes Industry Veteran Rick Shearer as Executive Vice President
Madison Capital Markets has appointed Rick Shearer as Executive Vice President, leveraging his 25 years of experience in financial services to enhance broker-dealer relationships and expand the firm’s presence in the Southeast.
Stay informed about alts
Subscribe to our free emails
Recent News
Apartment REITs Report Falling Occupancy For Q3
Apartment REITs Report Falling Occupancy For Q3 December 13, 2022 | Erik Sherman | GlobeSt.com There was some news that on the surface was bad for major apartment...
Student Housing Investment Sales Activity Grinds to a Halt
Student Housing Investment Sales Activity Grinds to a Halt December 12, 2022 | Bendix Anderson | WealthManagement.com Business is booming for student housing managers....
ExchangeRight Fully Subscribes Latest DST Designed For Recession Resilience
ExchangeRight Fully Subscribes Latest DST Designed For Recession Resilience December 13, 2022 | ExchangeRight ExchangeRight, one of the nation’s leading providers of...
NexPoint Storage Partners Acquires SAFStor to Expand Self-Storage Portfolio
NexPoint Storage Partners, Inc. (“NexPoint Storage”), a self-storage platform affiliated with NexPoint Advisors, today announced that it became the sole owner of...
Blackstone and Starwood Show a Problem With Overseas CRE Investors
Blackstone and Starwood Show a Problem With Overseas CRE Investors December 12, 2022 | Erik Sherman | GlobeSt.com The recent surges in withdrawal requests at Starwood...
Gladstone Commercial Corporation Announces Share Repurchase Authorization
Gladstone Commercial Corporation (NASDAQ:GOOD) (the “Company”) announced that its board of directors has authorized a share repurchase program for up to...
More articles…
Don’t Miss Summit 2018!
Don’t Miss Summit 2018! January 24, 2018 | Beth Glavosek | Blue Vault Blue Vault’s fourth annual Broker Dealer Educational Summit will be held Monday, March 12, 2018 – Wednesday, March 14, 2018 at The Alfond Inn, Winter Park, Florida. The Summit gives...
REITs: Looking Back on 2017 and Looking Forward to 2018
The big story of 2017 for REIT investors was how dramatically they underperformed the broad stock market.
Which nontraded REIT program led all others in sales in December, 2017?
Answer: Blackstone Real Estate Income Trust, Inc. reported sales of $170.1 million in December, 2017.
SmartStop Asset Management, LLC Acquires 345-Bed Student Housing Community Near University of Michigan Campus for $43.8 Million
“We are very pleased to complete the acquisition of this Class ’A’, institutional-quality student housing property located near one of the largest and most prestigious research universities in the country,” said H. Michael Schwartz, chief executive officer of SmartStop.
NorthStar REIT and NorthStar REIT II Shareholders Approve Merger
The stockholders of NorthStar Real Estate Income Trust, Inc. (“NorthStar I”) and NorthStar Real Estate Income II, Inc., (“NorthStar II”) voted to approve the mergers of NorthStar I and NorthStar II into Colony NorthStar Credit Real Estate, Inc. (“CLNC”) at special meetings on January 18.
Carter Validus Mission Critical REIT Announces $3.00 Special Distribution
Carter Validus Mission Critical REIT, Inc. (“the Company”) announced January 22 that its Board of Directors has declared a special distribution of $3.00 per share of common stock, subject to, and conditioned upon, all required third party consents and approvals.
Bluerock Value Exchange Sells Chace Lake DST (1031-Exchange) Investment Property
The full-cycle investment provided an 8.1% internal rate of return (IRR), including cash flow, over the approximate 5-year hold period.
Phillips Edison & Company Acquires 23 Shopping Centers in 2017
Phillips Edison & Company (the “Company”) is pleased to announce a strong close to 2017, acquiring 23 grocery-anchored shopping centers on behalf of the Company and its sponsored programs throughout the year.
Self-Storage REIT Outlook Remains Positive, Green Street Analyst Says
Ryan Burke, an analyst at Green Street Advisors, joined Nareit for a video interview at REITworld 2017.
A Conversation with Grocery Real Estate Pioneer Phillips Edison
With the internalization of its Grocery Center REIT I’s advisor, Phillips Edison has hit some significant milestones this year.
DON’T MISS OUT
Subscribe to our free email for the latest alts news and analysis
