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Monthly Archives: December 2014

IRA Alternatives Custodian Grew Assets by $3 Billion in 2014

Self directed IRA custodian, Millennium Trust Company, recently announced that assets under custody grew about $3 billion this year, marking the seventh year in...

The Energy Scoop – Oil to Drop Below $50 Says Bloomberg Analsyts

As oil prices continue to drop, industry experts debate the possible consequences of lifting the ban on U.S. exports. Also, the EIA forecasts continuing...

Pillips Edison Grocery Center REIT I Increases Credit Facility up to $1 Billion

Phillips Edison Grocery Center REIT I, formerly known as Phillips Edison-ARC Shopping Center REIT, has increased the capacity of its unsecured revolving credit facility...

Hines Appoints New President of Hines France

One of the largest privately owned real estate firms in the world, Hines, has appointed Patrick Albrand as president of Hines France. Mr. Albrand...

KBS REIT II Signs Two New Leases in St. Louis

KBS Real Estate Investment Trust II (KBS REIT II) recently announced the signing of two new leases with Central Bank of St. Louis and...

NorthStar Captures Market Share, Raises $1 Billion YTD

NorthStar Asset Management Group (NSAM), which is a global asset management firm focused on real estate, announced today that the non-traded REITs it sponsors...

W.P. Carey Acquires in Poland

Major player in the global net-lease REIT industry, W.P. Carey has recently acquired a light-industrial and distribution center in Opole, Poland for $29.5 million...

BlueVault’s Non-Traded REIT Reports Ready for Review

BlueVault Partners, an independent researcher of non-traded REITs, recently published its 3Q 2014 Nontraded REIT Industry Review. The review is available for download...

Jones Lang LaSalle Income Property Trust Declares Quarterly Dividend

Non-listed, daily valued REIT, Jones Lang LaSalle Income Property Trust recently declared its 12th consecutive quarterly dividend. The perpetual life REIT invests in commercial...

Phillips Edison & Company Hires New Vice President of Tax

Retail investment firm and non-traded REIT sponsor, Phillips Edison & Company (Phillips Edison), has appointed Thomas L. Drake, CPA as Vice President of Tax. ...