Professional Services Perspectives
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How has the amount of debt outstanding in the interval fund industry changed from March 31, 2022, to March 31, 2023?
How has the amount of debt outstanding in the interval fund industry changed from March 31, 2022, to March 31, 2023? Answer: The amount of debt outstanding in the interval fund industry has increased from approximately $6.0 billion as of March 31,...
ExchangeRight Increases Market Share in First Half of 2023
ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, has announced that it has increased its share of the 1031 DST market in the first half of 2023 compared to the 2022 year, representing more than 33% growth, according to a recent report by Mountain Dell Consulting. The report shows that ExchangeRight’s $201.88 million of DST equity raised year-to-date positions the company as the fourth largest sponsor in the securitized 1031 exchange marketplace as measured by equity raised.
US warehouse rents will defy logistics transportation rate drop -Prologis CEO
Warehouse rents will continue to rise even as other supply-chain costs tumble from pandemic highs, the CEO of the world’s largest warehouse landlord told Reuters on Tuesday. Lease prices have proven far more resilient than air, ship, truck and train transportation rates which have dropped sharply due to the consumer spending shift from goods to services, inflation and higher borrowing costs…
Why NYX Capital Sold Its $310M Self-storage Portfolio: President and CEO Yashar Fatehi Cites Economy, Market Conditions for Timing of Sale
After making Canada’s largest self-storage portfolio sale thus far in 2023, the CEO of NYX Capital Corp. says his company is not completely exiting the sector. NYX, a Toronto-based private equity real estate investment firm with over $1 billion assets under management, sold its $310-million self-storage portfolio last month. The income-producing properties were sold to Ladera Ranch, Calif.-based SmartStop Self Storage REIT – a $300-million acquisition of eight Ontario properties.
Recent News
Healthcare Trust Announces Quarterly Stock Dividend
Healthcare Trust Announces Quarterly Stock Dividend January 6, 2020 | James Sprow | Blue Vault On January 4, 2021, Healthcare Trust, Inc. (the “Company”) announced the...
Griffin-American Healthcare REIT IV Maintains $0.40 Annualized Distribution Rate
Griffin-American Healthcare REIT IV Maintains $0.40 Annualized Distribution Rate January 6, 2020 | James Sprow | Blue Vault The board of directors of Griffin-American...
Office Landlords Will Be Squeezed by Secondhand Market
Office Landlords Will Be Squeezed by Secondhand Market Companies are subletting space they no longer need from London to San Francisco. The trend could force property owners...
The Parking REIT Unable to Determine Estimated NAV Per Share
The Parking REIT Unable to Determine Estimated NAV Per Share January 6, 2020 | James Sprow | Blue Vault In an 8-K filing on December 30, 2020, The Parking REIT’s Board of...
Force Majeure Language Proliferates in Leases
Force Majeure Language Proliferates in Leases One observer says almost every lease he has worked on includes language covering both the COVID-19 pandemic and future...
Altigo Year in Review
Altigo Year in Review December 21, 2020 | Heather Acey | WealthForge With the arrival of the pandemic, 2020 brought a substantial shift in the way business is conducted....
More articles…
What is a “debt investment fee” and how does it apply to a nontraded REIT?
What is a “debt investment fee” and how does it apply to a nontraded REIT? Answer: If a nontraded REIT invests in real estate-related debt instruments, it may pay a debt investment fee to the sponsor for arranging the acquisition of the debt investments. It has a...
Benefits of Nontraded REITs
Benefits of Nontraded REITs May 12, 2017 | by Beth Glavosek | Blue Vault Last week, we discussed the features of nontraded REITs that make them an attractive consideration for investors, including potentially higher yields and dividend opportunities. They also can...
Millions of square feet of office, retail and homes planned for Allen project
Millions of square feet of office, retail and homes planned for Allen project May 11, 2017 | Steve Brown | Dallas News A new corporate and mixed-use campus on the way in Allen is being planned with almost a dozen office buildings to attract businesses. Houston-based...
A $420 million Merrill Lynch team joins LPL
A $420 million Merrill Lynch team joins LPL May 9, 2017 | by InvestmentNews A four-person team that managed $420 million in assets at Merrill Lynch in Melville, N.Y., has gone independent and affiliated with LPL Financial. The Choice Group Wealth Management, led by...
Healthcare Trust of America Closes on Medical Office Portfolio in Arizona and Southern California
Healthcare Trust of America Closes on Medical Office Portfolio in Arizona and Southern California May 9, 2017 | by Healthcare Trust of America, Inc. SCOTTSDALE, Ariz., May 9, 2017 /PRNewswire/ — Healthcare Trust of America, Inc. (NYSE: HTA), the largest owner...











