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Monthly Archives: October 2014

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CNL Securities Hires Four VPs to Grow RIA Channels

In an effort to expand its presence in the Registered Investment Advisor (RIA) channel, CNL Securities Corp. has hired four vice presidents to manage...

Make That a Double; CWI Acquires Second Property in One Week

After acquiring a resort in South Carolina earlier this week, Carey Watermark Investors (CWI) announced today that it has made a second acquisition in...

Behringer Harvard Opportunity REIT II Announces Election of New CFO

Behringer Harvard Opportunity REIT II’s (Opportunity REIT II) board of directors has elected Jason Hall as chief financial officer of the non-traded REIT. Mr....

Carey Watermark Investors Acquires Resort in North Carolina

Co-sponsored by W.P. Carey and Watermark Capital Partners, non-traded REIT Carey Watermark Investors (CWI) seeks to invest in lodging and lodging-related properties. Today, the...

ARCP Makes Changes in Accounting Policies and Personnel

American Realty Capital Properties (ARCP) AR Capital’s publicly traded REIT, announced today that previously issued, unaudited financial statements and other financial information is no...

Passco Purchases Multifamily Community for $30.9 Million

Passco Companies, LLC (Passco) recently announced that is has acquired a 244 unit residential community in Greenville, South Carolina. Built in 2013, the newly...

Phillips Edison – ARC Grocery REIT II Makes Three Acquisitions in Three States

In yet another announcement this month, Phillips Edison – ARC Grocery Center REIT II (Grocery REIT II) acquired three grocery-anchored shopping centers in three...

KBS REIT III Extends Lease With Cassidy Turley

KBS Real Estate Investment Trust III (KBS REIT III) recently announced the signing of a lease extension in midtown Atlanta with property management company,...

KBS Realty Advisors Acquires in Washington

KBS Realty Advisors, an affiliate to KBS Capital Advisors whom advises affiliated public, non-traded REITs, recently acquired The Park at Woodinville on behalf of...

Public Non-Traded REIT Signs Tenant to New Lease in Manhattan

KBS Strategic Opportunity REIT (The REIT) and its joint venture partner in ownership of 110 William Street, recently signed the Insurance Information Institute to...

The REIT Weekly – Home Ownership Increasingly Difficult

This week in REIT news covers emerging changes in the senior housing sectors and the effects of the lending crisis among homebuyers in the...

ADISA Votes to Aid 1031 Efforts

The Alternative and Direct Investment Securities Association (ADISA), formerly known as REISA, announced yesterday that its board of directors has voted to support the...

Griffin-American Healthcare REIT III to Acquire Nation-Wide Portfolio of Medical Office Buildings

Consistent with its focus on medical office buildings, senior housing facilities, skilled nursing facilities, and hospitals, Griffin-American Healthcare REIT III (GAHC III) recently entered...

NTR Funds $144 Million Senior Loan Secured by 28 Commercial Properties

Non-traded REIT, North Star Real Estate Income II (NorthStar Income II), which specializes in commercial real estate debt, securities, and equity investments, recently originated...

Storing up on Self-Storage

With the popularity of self-storage on the rise, W.P. Carey has made a hearty investment in the industry on behalf of its managed, non-traded...

Private Equity Conference Host Launches Program for Young Entrepreneurs

Described as a “game changer” by Arizona Secretary of State, Ken Bennett, FSXinterlinked will be unveiling its “Tomorrow’s CEOs Today” program at its quarterly...

Advisor-Sold Direct Investments Offer Multiple Layers of Protection

In the advisor-sold direct investment world, there are several layers of protection for investors, including regulatory oversight, third party due diligence, broker-dealer due diligence,...

UDF IV Announces Earnings Call

Publicly-traded Maryland REIT, United Development Finding IV (UDF IV) recently announced that it will release its third quarter financial results on Thursday, November 13,...

WNC Completes 24-Unit Affordable Housing Community

WNC recently announced the completion of Heritage Townhomes, an affordable housing community in Cambridge, Minnesota. Located at 1503 South Fern Street, the 24-unit property...

Steadfast Income REIT Engages Goldman to Identify Liquidity Options

Goldman, Sachs & Co. has been tasked with evaluating strategic alternatives for the Steadfast Income REIT (SIR). SIR’s board of directors approved the engagement...