Home 2014 September

Monthly Archives: September 2014

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Moody National REIT I to Purchase Hilton Hotel

Moody National REIT I is poised to purchase the Hilton Garden Inn Austin NW/Arboretum located in busy Austin, Texas.For a purchase price of...

TriLinc Impacts Biz in Argentina, Kenya, and South Africa

The non-traded, limited liability company TriLinc Global Impact Fund (TriLinc) has approved another $9.9 million of investments to aid established small and medium sized...

Behringer Hires Head of National Sales

Sponsor and distributor of alternative investments including closed-end funds and 1031 exchange programs, Behringer, recently hired an industry vet to head up sales efforts....

Non-Traded REIT Pays Special Distribution

The board of directors of Behringer Harvard Opportunity REIT II, Inc. (Behringer) authorized a special cash distribution of $0.50 per share paid on September...

NorthStar Execs to Present at JMP

NorthStar Realty Finance Corp. recently announced that it will be presenting at the JMP Financial Services & Real Estate Conference located at The St....

Griffin Capital Essential Asset REIT II Off and Running

Griffin Capital Essential Asset REIT II (GCEAR II), the non-traded REIT sponsored by Griffin Capital Corporation (Griffin Capital), commenced operations yesterday. The REIT reached...

Non-Traded REIT Sponsor Looks to Raise $245 Million

W.P. Carey announced this week an underwritten public offering of 4,000,000 shares of common stock. The global net lease REIT and sponsor to non-traded...

RREEF Property Trust Granted NASDAQ Ticker Symbols

Non-traded, daily NAV REIT, RREEF Property Trust has obtained a NASDAQ ticker symbol for its Class A and Class B common stock. Class A...

Dividend Capital’s Daily NAV REIT Cautions Investors Regarding Third Party Tender Offer

Coastal Realty Business (Coastal), an affiliate of real estate investment management business, Mackenzie Capital Management, has issued a tender offer to Dividend Capital Diversified...

Manager of a Non-Traded BDC Lists on NYSE

Medley Management, Inc., the manager of non-traded BDC, Sierra Income Corporation, listed on the New York Stock Exchange today under the ticker symbol, “MDLY”....

Investors Soak It In – All $859 Million Of It

It’s pay day for investors in a certain California-based non-traded REIT. After selling properties all summer long, yesterday KBS Real Estate Investment Trust II...

CNL Healthcare Acquires $131.1 Million Healthcare Real Estate Portfolio

Non-traded REIT CNL Healthcare Properties, sponsored by CNL Financial Group has acquired two specialty hospitals and three impatient rehabilitation hospitals for approximately $131.1 million....

Non-Traded REIT Liquidity a Topic at the Ernst & Young Roundtables

CNL Financial Group (CNL), private investment management firm and sponsor to non-traded REITs, will have a presence at the Ernst & Young REIT CFO...

Former LPL President Comes Out of Retirement, Joins Schorsch’s RCAP

Announced this morning, RCS Capital Corporation (RCAP), the Nicholas Schorsch publicly-traded holding company that owns a wholesale distributor of alternative investments, a network of...

Cole Capital’s Publicly-Traded Parent Declares Dividend Payments

American Realty Capital Properties (ARCP) (NASDAQ: ARCP) revealed its annualized common stock dividend on Friday. The REIT’s board of directors previously approved $1.00 per...

Ladenburg Acquires 450 Advisors with IBD Purchase

M&A in the independent broker-dealer space continues to heat up. Tennessee-based Securities Services Network, Inc. (SSN) has agreed to be acquired by Ladenburg Thalmann...

Non-Traded REIT Sells Hotel Portfolio to NorthStar for $1.1 Billion

NorthStar Realty Finance Corp. (“NorthStar Realty”) recently announced its acquisition of a $1.1 billion hotel portfolio from Inland American Real Estate Trust, a non-traded...

Listed REIT and Sponsor of NTRs Declares Increase to Dividend

W. P. Carey Inc. recently announced a 4.4% increase of its quarterly cash dividend to $0.94 per share. Notching the company’s 54th consecutive quarterly...

RCAP Buys Majority Interest in an Electronic Platform Provider

RCS Capital Corporation (RCAP), the Schorsch holding company that owns independent broker-dealers, a wholesale broker-dealer, a research firm, a crowdfunding platform, and a liquid...

Mad Money Host Jim Cramer Interviews Franklin Square CEO

As previously announced, Franklin Square Capital Partner’s (Franklin Square) CEO, Michael C. Forman appeared on CNBC’s television series, Mad Money on September 15, 2014....