Professional Services Perspectives

read the latest content from fintech and other service firms

Headlines

Blackstone Redemption Requests Down to a Trickle

BREIT reported that its received $1.8B in redemption requests in November, an 18% drop from the previous month and a 66% decline from January, when the withdrawal requests peaked.

Stay informed about alts

Subscribe to our free emails

Recent News

Marketing Intent: Get 20+ experts for your marketing budget

More articles…

Which previously nontraded REIT completed its full liquidity event when its last tranche of common shares were converted to listed shares on January 9, 2019?

American Finance Trust, Inc. (“AFIN”) announced on December 20, 2018, that all issued and outstanding shares of its Class B-2 common stock would automatically convert into shares of its Class A common stock on January 9, 2019.  Class A shares trade on the Nasdaq under the ticker symbol AFIN.  The Class B-2 shares represent approximately 25% of AFIN’s total outstanding shares. As of the conversion date, 100% of AFIN’s common shares became tradeable, completing its full liquidity event.

DON’T MISS OUT

Subscribe to our free email for the latest alts news and analysis