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BlueGate Boat & RV Storage Names JC Reed as Chief Operating Officer
Reed brings a wealth of experience to BlueGate, having served as senior vice president of operations at Store Space Self Storage, where he oversaw a multi-state portfolio of 70 locations with over $70 million in revenue.
Starwood Capital Appoints Andrew Sossen Senior Managing Director, Chief Operating Officer
In this role, Andrew will be a member of Starwood Capital ‘s executive committee and oversee the day-to-day operations of the firm, reporting to Barry Sternlicht, Starwood Capital’s Chairman and CEO.
Eagle Point Institutional Income Fund Reaches $100 Million Milestone And Generates 12.8% Annual Net Return
“By leveraging the strength of our Adviser’s investment platform, Eagle Point Institutional Income Fund has consistently provided investors with a reliable source of income,” said Thomas Majewski, the Fund’s Chairman and Chief Executive Officer, adding…
SmartStop Self Storage REIT, Inc. Reports Second Quarter 2024 Results
SmartStop receives asset management fees, property management fees, acquisition fees, and other fees and also receives substantially all of the tenant protection program revenue earned by the Managed REITs, which had a combined portfolio of 31 operating properties and approximately 24,500 units and 2.7 million rentable square feet at quarter end.
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Recent News
CRE Investment Volume Climbs 10% in Q2
CRE Investment Volume Climbs 10% in Q2 August 10, 2022 | Gail Kalinoski | Commercial Property Executive U.S. commercial real estate investment volume rose 10 percent...
Blackstone Funds Complete $13 Billion Acquisition of American Campus Communities
Blackstone Funds Complete $13 Billion Acquisition of American Campus Communities August 9, 2022 | Blackstone Blackstone (NYSE: BX) today announced that Blackstone Core+...
J.P. Morgan Real Estate Income Trust Is the Newest Perpetual-Life NTR
J.P. Morgan Real Estate Income Trust Is the Newest Perpetual-Life NTR August 11, 2022 | James Sprow | Blue Vault J.P. Morgan’s perpetual life REIT was declared effective by...
ExchangeRight Fully Subscribes $176 Million Net-Leased Portfolio, Its Largest to Date
ExchangeRight Fully Subscribes $176 Million Net-Leased Portfolio, Its Largest to Date August 10, 2022 | ExchangeRight ExchangeRight, one of the nation’s leading providers of...
Phoenix American Onboards New Multifamily Real Estate Fund Sponsor Realsource for Fund Administration
Phoenix American Onboards New Multifamily Real Estate Fund Sponsor Realsource for Fund Administration August 11, 2022 | Phoenix American Partnership reflects Phoenix...
Which Company that recently completed a merger with a nontraded REIT has increased its dividends per share every year since going public in 1998?
Which Company that recently completed a merger with a nontraded REIT has increased its dividends per share every year since going public in 1998? Answer: W.P. Carey has...
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Seniors Housing Demand Will Soon Be At Its Highest Point Ever
There is no question the pandemic hit seniors housing hard. In some cases, facilities had to manage COVID-19 outbreaks that put patients and…
How does Legendary Capital utilize an UPREIT to provide liquidity to investors?
Answer: In a 721 UPREIT (Umbrella Partnership REIT) transaction, property is contributed to a REIT’s operating partnership…
JLL Income Property Trust Secures $650M Credit Facility
JLL Income Property Trust, which in recent months has increased its industrial holdings, has secured a $650 million credit facility to continue its…
Why Industrial Remains Healthy for These Four Markets
Strong demand is likely to fill millions of square feet of industrial space now under construction, according to “Industrial Trends in Austin, Seattle, Phoenix and Miami,” a new report…
US Hotel Occupancy in Week Ended May 22 Hits 60% Mark – STR
U.S. hotel occupancy for the week ended May 22 hit 60.3%, the highest since the beginning of the coronavirus pandemic, according to data from STR…
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