Professional Services Perspectives
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What Government Can and Cannot Do to Make Housing “Affordable”
The U.S. has a “housing shortage” and a popular part of that theme today is an “affordable housing” shortage. Honest economists would have to question that conclusion…
Blackstone NAV REIT Performance Outshines Cash Flow Concerns
Despite indications that Blackstone’s nontraded real estate investment trust (NAV REIT) has struggled to deliver on redemptions, the diversified fund has shown “consistently better” total returns than its peers, proving its post-pandemic staying power, Blue Vault researchers say. As more second-quarter data become available, we’re finding that Blackstone’s Real Estate Income Trust has outperformed or held steady against many of the other large NAV REITs it competes with, said Blue Vault Senior VP James Sprow on Blue Vault’s July 26 webinar, A Deeper Look at Blackstone. Sprow said this is due to several factors, including: Limited office sector exposure, a consistently positive risk-vs-return profile, and a 0.69% rise in NAV in Q2 2023 — the largest Q2 2023 rise in NAV among nontraded REITs…
IRS Extends Relief to 2023 for SECURE Act Era Designated Beneficiaries
The Internal Revenue Service recently issued Notice 2023-54, in which they waived the excise tax on 2023 required minimum distribution failures committed by designated beneficiaries. This extends the waiver already provided for 2021 and 2022 under Notice 2022-53….
Private equity fundraising down 35% in Q2, Preqin says
Private equity funds worldwide had a difficult time on the fundraising trail in the second quarter, raising a combined $106.7 billion, down from $164.4 billion in the prior quarter and also down from $165.3 billion in the year-earlier quarter, according to a just-released Preqin report….
Recent News
Cerulli Associates and Blue Vault Launch First Ever Comprehensive Survey on Alternative Investments
Cerulli Associates and Blue Vault Launch First Ever Comprehensive Survey on Alternative Investments January 25, 2021 Cerulli Associates and Blue Vault have partnered on a...
Blackstone REIT Buys 60% of $1.6 Billion Industrial Portfolios
Blackstone REIT Buys 60% of $1.6 Billion Industrial Portfolios January 22, 2021 | James Sprow | Blue Vault The Blackstone Group Inc.’s Blackstone Real Estate Income...
KBS Sells 333,014 Square-Foot Class A Office Property in Phoenix, Arizona for $103.5 Million After Completing Extensive Improvement Program
KBS Sells 333,014 Square-Foot Class A Office Property in Phoenix, Arizona for $103.5 Million After Completing Extensive Improvement Program Jan 19, 2021 ...
What is the total book value of all real estate assets owned by nontraded REITs?
What is the total book value of all real estate assets owned by nontraded REITs? Answer: Active nontraded REITs, excluding three REITs that are in the process of liquidating...
InPoint Commercial Real Estate Income Reports NAVs
James Sprow | Blue Vault | On January 20, 2021, InPoint Commercial Real Estate Income, Inc. (“the Company”) reported an updated NAV per share as of December 31, 2020. The...
Blackstone’s Pre-Covid-19 Portfolio Shifts Have Turned Out Well
Blackstone’s Pre-Covid-19 Portfolio Shifts Have Turned Out Well The investment firm boosted exposure in hot industrial-space category and shifted out of retail and...
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Sales Volume on Net Lease Assets Roughly Flat with Last Year’s
Sales Volume on Net Lease Assets Roughly Flat with Last Year’s The first quarter of 2017 ended with about $11.43 billion in sales involving office, industrial and retail single-tenant net lease assets. May 26, 2017 | by Diana Bell | National Real Estate Investor It...
The 15 Top Markets for Apartment Construction in 2017
The 15 Top Markets for Apartment Construction in 2017 May 25, 2017 | by Diana Bell | National Real Estate Investor Here are the top 15 markets for apartment construction in 2017, according to information on completions provided by commercial real estate data firm...
MVP REIT and MVP REIT II Announce Definitive Merger Agreement
MVP REIT and MVP REIT II Announce Definitive Merger Agreement May 30, 2017 | by MVP REIT, Inc. , MVP REIT II, Inc. LAS VEGAS, May 30, 2017 /PRNewswire/ — MVP REIT, Inc. and MVP REIT II, Inc. announced today that they have entered into a definitive merger...
Industrial Property Trust, Inc., an NTR with 242 industrial properties as of September 30, 2016, has only one tenant that represents more than 2.8% of rental revenues. Which tenant rents 2.0% of the REIT’s GLA and represents 2.9% of rental revenues?
Industrial Property Trust, Inc., an NTR with 242 industrial properties as of September 30, 2016, has only one tenant that represents more than 2.8% of rental revenues. Which tenant rents 2.0% of the REIT’s GLA and represents 2.9% of rental revenues? Answer: FedEx...
Study: Renters Prefer Suburbs in Most Major Metros
Study: Renters Prefer Suburbs in Most Major Metros May 18, 2017 | by TAYLOR WILLIAMS | RebusinessOnline The days of renting in the city and buying in the suburbs may have come to an end. According to a recent study from national apartment locator service RentCafé, in...










