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Ashford Hospitality Trust Hopes To Hand Back Keys to 19 Hotels in Its Portfolio by Year’s End
The Dallas-based REIT has been working for months to hand back the keys of 19 hotels tied to three loans that matured in June in which the trust opted not to pay the $255 million required to extend those loans.
NexPoint Real Estate Finance, Inc. Launches $400 Million Continuous Offering of 9.0% Series B Cumulative Redeemable Preferred Stock
The Series B Preferred Stock is being offered by NexPoint Securities on a “reasonable best efforts” basis. There is no public market for the Series B Preferred Stock and the Company does not intend to apply for a listing of the Series B Preferred Stock on any national securities exchange.
What Are Your Firm’s Differentiators?
The quest for differentiation isn’t just about establishing uniqueness – it’s about conveying value in an environment where competition is intense.
Prospect Capital Announces September 2023 Financial Results and Declares Steady Monthly Dividends through January 2024 of $0.06 Per Common Share
Prospect’s closing stock price of $5.35 at November 7, 2023 delivers to our common shareholders an annualized distribution yield of 13.5% and an annualized basic NII yield of 18.7%, representing 139% basic NII coverage of common distributions.
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What percentage of rents for grocery properties did Phillips Edison & Company collect in Q2 2021?
What percentage of rents for grocery properties did Phillips Edison & Company collect in Q2 2021? Answer: 100% of grocery property rents and 99% of total portfolio...
Biden Administration Eyes Tighter Rules for Shell-Company Real Estate Purchases
Biden Administration Eyes Tighter Rules for Shell-Company Real Estate Purchases December 6, 2021 | Justin Sink | Bloomberg The U.S. Treasury Department will begin developing...
STR: U.S. Hotel Results for Week Ending 27 November
STR: U.S. Hotel Results for Week Ending 27 November December 2, 2021 | STR | Hospitalitynet.org U.S. hotel performance came in higher than any other Thanksgiving week on...
Strategic Storage Acquires Phoenix Self-Storage Facility
Strategic Storage Acquires Phoenix Self-Storage Facility December 3, 2021 | Strategic Storage Trust VI, Inc.| Business Wire Strategic Storage Trust VI, Inc. (“SST VI”), a...
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SEC Proposes to Update Accredited Investor Definition to Increase Access to Investments
The Securities and Exchange Commission voted to propose amendments to the definition of accredited investor, one of the principal tests for who is eligible to participate in our…
FS/KKR Complete Mergers of BDCs
On December 18, 2019, FS/KKR Advisor, LLC (“FS/KKR”) announced the closing of the mergers of four non-traded business development companies. FS Investment Corporation II…
Which self-managed nontraded REIT recently sold $150 million in convertible preferred stock to a listed REIT in the same industry sector?
Answer: SmartStop Self Storage REIT Inc. entered into a preferred stock purchase agreement with a subsidiary of Extra Space Storage, Inc. (NYSE: EXR) in which EXR committed to purchase up to…
iCapital Network to Attend Blue Vault Bowman Alts Summit 2020
iCapital Network’s mission is to power the world’s alternative investment marketplace. The company was founded in 2013 and has built an industry-leading financial technology platform that…
KBS Growth & Income REIT Announces NAV of $8.43 Per Share
On December 4, 2019, KBS Growth & Income REIT’s board of directors approved an estimated net asset value (“NAV”) per share of its common stock of…
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