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Monthly Archives: March 2015

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Sierra Income Raises $37 Million in March and Forms New JV

Public, non-traded business development company (BDC) Sierra Income Corporation (Sierra) recently announced a new joint venture (JV) with Great American Life Insurance Company (Great...

Lightstone Value Plus REIT Increases Estimated Per Share Value

Public, non-traded REIT Lightstone Value Plus Real Estate Investment Trust, Inc. (Value Plus) filed its annual 10-K today.Through June 30, 2014,...

Capital Square Completes DST Offering of Manufactured Housing Portfolio

RICHMOND, Va. (March 30, 2015) – Capital Square Realty Advisors, LLC announced today that its Delaware Statutory Trust offering of a portfolio of three...

Hartman Short Term Income Properties Agrees to Buy a 12-Story Office Building

Public, non-traded REIT Hartman Short Term Income Properties XX, Inc. (Hartman XX) recently agreed to purchase an office building for $10.1 million, exclusive of...

CWI Appoints a New CFO

Carey Watermark Investors Incorporated (CWI), a public, non-traded REIT, recently disclosed that its Chief Financial Officer (CFO), Catherine D. Rice, has resigned....

Non-Traded BDC Reports 2014 Highlights

CĪON Investment Corporation (CĪON), a non-traded business development company (BDC), released its operating results for the year ended December 31, 2014. The middle market...

Terra Closes Preferred Equity Investment on Doubletree Hotel in San Diego

NEW YORK, NY - Terra Capital Partners is pleased to announce the closing of a $6.0 million preferred equity investment to fund the recapitalization...

Team Managing $100 Million in Client Assets Returns to Securities America

LA VISTA, Neb. – March 26, 2015 – Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE MKT: LTS), welcomed...

$2.9 Billion Non-Traded REIT Intends to List

TIER REIT, Inc., a public, non-traded REIT, announced that its board of directors voted unanimously to pursue listing its common stock on a national...

Non-Traded REIT Raises $1.84 Billion in One Year

In just over a year, Griffin-American Healthcare REIT III, Inc. (Healthcare REIT III), a public, non-traded REIT, raised $1.84 billion in equity. This highlight...

Non-Traded REIT to Pay Special Distribution of $1 Per Share

A Behringer non-traded REIT announced today that its board of directors has authorized a special cash distribution of $1.00 per share or $25.7 million...

SmartStop Announces the Hiring of a New Controller

Strategic Storage Trust II, Inc. and Strategic Storage Growth Trust, Inc., two public, non-traded REITs sponsored by SmartStop Self Storage recently hired a controller....

Apartment Rent Growth Rates Up in February

The national apartment market saw increased annual effective rent growth to 5.05 percent in February 2015, its highest level in 44 months according to...

Non-Traded REIT Acquires Pasadena Hotel for $142.5 Million

Carey Watermark Investors (CWI), a public, non-traded REIT, announced today that it acquired the Westin Pasadena hotel in Pasadena, California for $142.5 million....

Resource Real Estate Opportunity REIT Acquires a 459-unit Apartment Complex

Non-traded real estate investment trust, Resource Real Estate Opportunity REIT, Inc., recently acquired an apartment complex in Gilbert, Arizona, a suburb of Phoenix....

IBD Picks Up Advisor Team with $139 Million of AUM

Independent broker-dealer (IBD) Securities America recently welcomed a group of new advisors that manage $139 million in client assets.  The Texas-based team consists of...

56 Consecutive Increases to this Sponsor’s Quarterly Dividend

W.P. Carey Inc., sponsor of a series of non-traded real estate investment trusts (REITs), increased its quarterly cash dividend for the 56th consecutive quarter. ...

FS Energy & Power Fund to Raise Another $900 Million

Non-traded, energy-focused business development company (BDC) FS Energy & Power Fund (FSEP) recently announced that it will aim to raise an additional $900 million...

CRE Firm Acquires Assisted Living Facility in Kansas

Granite Investment Group (Granite), an investment management firm that has bought and sold about $1.5 billion of commercial real estate (CRE) on behalf of...

Creating Enterprise Value in Commercial Real Estate Organizations

In today’s booming commercial real estate industry, everyone is seeking an edge or opportunity to buy assets at attractive cap rates or create value...