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Monthly Archives: January 2015

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...