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Mobile Infrastructure Corp.’s Listing Goes South
Mobile Infrastructure Corporation (formerly known as The Parking REIT, Inc.) was a nontraded REIT corporation formed on May 4, 2015. The Company focuses on acquiring, owning and leasing parking facilities and related infrastructure, including parking lots, parking garages and other parking structures throughout the United States…
Blue Vault Q2 2023 Performance Reports Update
Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and...
Severe Crash Is Coming for US Office Properties, Survey Says
Office prices in the US are due for a crash, and the commercial real estate market faces at least another nine months of declines, according to Bloomberg’s latest Markets Live Pulse survey…
BREIT Fulfills 29% Of Withdrawals As Redemption Requests Fall Again
BREIT received $2.1B in repurchase requests in September, down 28% from August and the fifth consecutive monthly decline in requests.
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Cottonwood Hires Thayer Gallison as SVP of Capital Markets, Head of Product Strategy
CW Markets Group, a branch office of Orchard Securities, the capital markets division and wholesale distribution arm of Cottonwood Communities, Inc. has hired industry...
Griffin Capital Company Announces Partnership with iCapital Network®, Leading Fintech Platform
Griffin Capital Company Announces Partnership with iCapital Network®, Leading Fintech Platform June 16, 2021 Partnership Enhances Advisor Access to Griffin Capital’s...
June retail market: US sales drop below expectations; 4 new bankruptcies
June retail market: US sales drop below expectations; 4 new bankruptcies June 15, 2021 | Tayyeba Irum and Chris Hudgens | S&P Global Market Intelligence U.S. retail...
SmartStop Self Storage REIT Recommends Rejection of 3rd Party Tender Offer
RECOMMENDATION TO REJECT AN UNSOLICITED OFFER If you are considering selling your shares to Comrit Investments 1, Limited Partnership or its affiliates, please read all of...
Fed meeting may mark beginning of the end for pandemicera monetary policy
Fed meeting may mark beginning of the end for pandemic-era monetary policy June 15, 2021 | Brian Scheid and Fatima Aitizaz | S&P Global Market Intelligence Inflation is...
Investors Explore UPREITs as Alternative to 1031s
Investors Explore UPREITs as Alternative to 1031s June 14, 2021 President Biden’s tax proposal that puts 1031 exchanges on the chopping block is shining a spotlight on...
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Carter Validus Mission Critical REIT Completes Sale of Chicago Data Center
Carter Validus Mission Critical REIT, Inc. announced Thursday that it sold an approximately 250,000 square foot data center located on approximately nineteen acres of land in the Chicago, Illinois metropolitan, for $315,000,000 to an affiliate of Digital Realty Trust, LP (NYSE: “DLR”).
Blockchain Technology Is Making Waves, CRE Next?
The question is not “if?” but “when?” blockchain technology will be available to investors in commercial real estate.
KBS Real Estate Investment Trust III Announces $11.73 NAV Per Share
KBS REIT III announced a revised NAV per share of $11.73 as of December 6, 2017.
Which nontraded REIT merged with Apple Hospitality REIT, Inc. (APLE) on September 1, 2016, and what has been the resulting appreciation of the stock in the listed stock since the merger?
Answer: Apple REIT Ten, Inc. merged with Apple Hospitality REIT. On September 1, 2016, APLE closed at $18.51 per share. On December 8, 2017, APLE closed at $19.74 per share (+6.6%), with an estimated dividend yield of 6.06%.
Lightstone Value Plus REIT Announces New NAV and Charter Amendment Approval
On December 11, 2017, the board of directors determined and approved an estimated NAV of approximately $296.9 million and resulting estimated NAV per Share of $11.69, after allocations of value to special general partner interests, or SLP Units, in the Operating Partnership, held by Lightstone SLP, LLC, an affiliate of the REIT’s Advisor, assuming a liquidation event, both as of September 30, 2017.
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