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Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up
A record low number of homes for sale combined with an uptick in homebuyer demand propped up housing prices in June, even as elevated mortgage rates kept many buyers on the sidelines. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median U.S. home sale price was $426,056 in June, just 1.5% ($6,341) below the all-time high of $432,397 set in May 2022…
StratCap Acquires Approximately $90 Million in Digital Infrastructure Assets
“The ongoing deployment of 5G networks and continuous increases in mobile data usage are catalyzing both growth and investor appetite in what we believe is a very resilient sector.”
How many interval funds reported total assets of at least $1 billion as of March 31, 2023?
How many interval funds reported total assets of at least $1 billion as of March 31, 2023? Answer:...
ExchangeRight REIT Completes 506(c) Conversion Following Successful Public Reporting Launch
ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, has announced that the ExchangeRight Essential Income REIT has converted to a 506(c) offering as of July 6 following its successful transition to a publicly reporting company as of June 26 to better serve the registered representatives, broker dealers, advisors, and institutions with whom the REIT works to offer its shares…
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SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Greater Toronto Area
SmartStop Self Storage REIT, Inc. Acquires Self Storage Facility in the Greater Toronto Area April 19, 2021 LADERA RANCH, Calif., April 19, 2021 /PRNewswire/...
Inland Real Estate Group Purchases 11 Single-Tenant Retail Portfolio
Inland Real Estate Group Purchases 11 Single-Tenant Retail Portfolio JLL Capital Markets announced today that it has closed the $295 million sale of – and arranged...
Which Reg. D offering that will invest in limited, select-service and extended-stay hotels will be the first voluntarily reporting Reg. D with monthly shareholder updates?
Which Reg. D offering that will invest in limited, select-service and extended-stay hotels will be the first voluntarily reporting Reg. D with monthly shareholder updates?...
Over its investment history, Sealy & Company has invested in well over 300 projects. What has been the gross levered IRR for those projects?
Over its investment history, Sealy & Company has invested in well over 300 projects. What has been the gross levered IRR for those projects? Answer: Historically, Sealy...
Continuously Offered Nontraded REITs Have Impressive Total Returns in March
Continuously Offered Nontraded REITs Have Impressive Total Returns in March April 21, 2021 | James Sprow | Blue Vault With regular NAV revisions and distribution yields,...
Surging demand for logistics properties highlighted in Prologis’ Q1 report
Surging demand for logistics properties highlighted in Prologis’ Q1 report Leases commenced up 25% April 19, 2021 | Todd Maiden | Freight Waves Prologis Inc. (NYSE: PLD)...
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Phillips Edison Grocery Center REIT I Arranges $195 Million in 14 Secured Mortgage Loans
On October 23, 2017, 14 subsidiaries of Phillips Edison Grocery Center Operating Partnership I, L.P. (“PECO I OP”), and The Guardian Life Insurance Company of America, entered into 14 separate ten-year secured mortgage loans totaling $195 million.
What Interval Fund currently leads the sector with reported net assets of $4.95 billion?
Answer: Stone Ridge Trust II (Stone Ridge Reinsurance Risk Premium Interval Fund) reported net assets of $4,950,183,818 as of 07/31/17.
American Realty Capital New York City REIT Announces Lower NAV
On October 25, 2017, the independent directors of American Realty Capital New York City REIT, Inc. approved an Estimated Per Share NAV equal to $20.26 based on an estimated fair value of the Company’s assets less the estimated fair value of the Company’s liabilities, divided by 31,029,865 shares of common stock outstanding on a fully diluted basis as of June 30, 2017.
Broadstone Real Estate Files for $1 Billion Interval Fund Offering
Broadstone Real Estate Files for $1 Billion Interval Fund Offering October 27, 2017 | James Sprow | Blue Vault Broadstone Real Estate registered a new interval fund on October 13, with a goal of a $1 billion capital raise. According to the draft registration...
It’s 6 Months Running For Price Declines
It’s 6 Months Running For Price Declines October 27, 2017 | Paul Bubny | GlobeSt.com IRVINE, CA—Commercial property pricing slipped by 0.2% in October, marking the sixth month in a row of declining values, Ten-X said Thursday afternoon. At just 3.1%,...
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