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Monthly Archives: January 2015

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Summit Healthcare REIT Buys an Assisted Living Facility in Virginia

Public, non-traded REIT Summit Healthcare REIT, Inc. (Summit), recently acquired an assisted living facility in Front Royal, Virginia for $14.3 million.The...

One-of-a-Kind Energy Symposium Hosted by Third Party Due Diligence Firm

Mick & Associates, P.C., LLO (Mick), a third party due diligence firm, will host its 2015 Energy Symposium February 15th through the 17th in...

Former Vice Chairman of the American Stock Exchange to Keynote Upcoming Event

FSXinterlinked, a leader in connecting emerging growth companies with capital sources, recently announced that the former Vice Chairman of the American Stock Exchange, James...

W.P. Carey Non-Traded REIT Acquires Seven Self-Storage Assets for $53 Million

W.P. Carey Inc.’s CPA®:18 - Global, a public, non-traded REIT, recently completed an acquisition of seven separate self-storage facilities for a total purchase price...

Behringer Closed-End Fund Declares Bonus Distribution

A closed-end fund co-sponsored by Behringer and Prospect Capital Management, LLC, Priority Income Fund, Inc., will pay a bonus distribution of $0.1125 per share...

Grant Thornton Resigns from AR Capital Direct Investment Programs

Grant Thornton LLP, an independent audit, tax and advisory firm, recently resigned from its post as independent registered public accounting firm for AR Capital...

FS Energy and Power Fund Decreases Public Offering Price

Non-traded, business development company (BDC) FS Energy and Power Fund recently decreased its public offering price. The BDC sponsored by Franklin Square Capital Partners,...

UDF V Provides $18.8 Million Land Acquisition and Development Loan

United Development Funding Income Fund V (UDF V), a public non-traded real estate investment trust, recently entered into a loan agreement with an unaffiliated...

Non-Traded REIT Sells Student Housing Properties for $123 Million

Jones Lang Lasalle Income Property Trust, Inc. (JLLIPT), a daily valued non-traded REIT, closed on the sale of four student housing properties for $123...

An Independent Broker-Dealer Awards the Wholesaler of the Year

Independent broker-dealer (IBD), Financial West Group (FWG), recently awarded Bill Servis with its Wholesaler of the Year award. Servis serves as a Regional Director...

Non-Traded REIT Sponsor Acquires Auto Dealership Portfolio for $355 Million

Sponsor of non-traded REITs W.P. Carey Inc. acquired a portfolio of auto dealerships in the UK for $355 million. The 73-property portfolio is triple-net...

Cole Capital Delivers Investors 4th Liquidity Event in 2 Years

A Cole Capital managed non-traded REIT will soon merge with Select Income REIT. Cole Corporate Income Trust, Inc.’s (CCIT) stockholders approved the merger with...

Tier REIT Amends Credit Agreement

The public non-traded REIT formerly known as Behringer Harvard REIT I Inc. entered into an amended credit agreement through its operating partnership, according to...

Grocer-Focused REIT Announces Termination Triggers for Offering

Public, non-traded grocer focused REIT Phillips Edison Grocery Center REIT II recently announced several administrative updates including a new advisory agreement, a board member’s...

Daily NAV REIT Distributes $17 Million in 2014

Jones Lang LaSalle Income Property Trust, Inc. (JLLIPT) paid out $17,136,000 in distributions to shareholders in 2014 according to a recent filing....

Self Storage REIT Closes on Portion of $128 Million Portfolio Deal

Public, non-traded self storage REIT Strategic Storage Trust II, Inc. (SSTI II) recently closed on seven self storage facilities across four states. The purchases...

Non-Traded REIT Acquires Six Properties Totaling 2 Million Square Feet

KBS Real Estate Investment Trust III (KBS REIT III), a public, non-traded REIT that launched in 2011, recently announced its fourth quarter acquisition success....

Non-Traded BDC Declares Quarterly Dividend

Non-traded business development company (BDC) Triton Pacific Investment Corporation (TPIC) recently announced an upcoming quarterly cash dividend.Shareholders of record as of...

Sponsor Provides $7.5 Million in LIHTC to Fund Historic Renovation

National real estate investor WNC recently announced the completed renovation of a historic building which now provides 40 affordable housing units in Hutchinson, Kansas. ...

Newer Sponsor Acquires 12 Building Portfolio Outside of Atlanta

A relatively new real estate program sponsor, Sealy & Company, recently announced the acquisition of a business center that will be part of its...