Professional Services Perspectives
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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.
Shopoff Realty Investments and Urban Pacific Create Joint Venture Partnership to Develop Urban Town Homes
Shopoff Realty Investments (“Shopoff”), and The Urban Pacific Group of Companies have created a joint venture partnership to further advance Urban Pacific’s “Urban Town House” (UTH) build-for-rent, multi-generational housing concept.
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Inside the V(ALT), with Brian Mitts of NexPoint
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Inside the V(ALT), with Dr. John Rhodes of CNL Securities
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Clip: The Importance of Meeting with Employees
Clip: The Importance of Meeting with Employees In this clip from Inside the V(ALT), Dr. John Rhodes and guest host Curtis Shoch cover how often you should conduct the...
Clip: Include Input from the Whole Team
Clip: Include Input from the Whole Team In this clip from Inside the V(ALT), Dr. John Rhodes and guest host Curtis Shoch discuss why your entire team should be involved in...
Clip: ABC’s for a Better 2021
Clip: ABC’s for a Better 2021 In this clip from Inside the V(ALT), Dr. John Rhodes and guest host Curtis Shoch talk about how the ABC’s can be used with direct...
Owl Rock Capital Partners, Dyal Capital Partners May Merge
Owl Rock Capital Partners, Dyal Capital Partners May Merge December 4, 2020 Owl Rock Capital Partners LP is discussing a merger with Dyal Capital Partners through a...
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Which two nontraded REITs from the same sponsor approved a merger in February?
Which two nontraded REITs from the same sponsor approved a merger in February? Answer: American Finance Trust, Inc. (“AFIN”) and American Realty Capital—Retail Centers of America, Inc. (“RCA”) became effective February 16, 2017 Learn more about AR Global on our...
CION Investment Corporation Announces NAV of $9.13
CION Investment Corporation Announces NAV of $9.13 April 3, 2017 | by James Sprow | Blue Vault On March 29, 2017, CION Investment Corporation (“CION”), a nontraded BDC, determined that the estimated value of its common stock as of March 29, 2017, is $9.13 per share....
ARC Hospitality Changes Name, Internalizes Management, Suspends Stock Distributions
Hospitality Investors Trust focuses on acquiring stable, institutional quality select-service lodging properties in North America branded by premium national hotel brands.
Blackstone REIT Declares Distributions to be Paid in April
Blackstone REIT was formed on November 16, 2015, and is externally managed by BX REIT Advisors L.L.C.,
Traditional vs. Daily NAV REITs
Traditional vs. Daily NAV REITs March 30, 2017 | by Beth Glavosek | Blue Vault Traditionally, nontraded REITs have been designed to follow a predictable life cycle. These investments move through distinct developmental stages over time as they grow from inception to...
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