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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….

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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...

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