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Monthly Archives: September 2015

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Steadfast Apartment REIT Acquires $52 Million Texas Apartment Community

Steadfast Apartment REIT Inc., a publicly registered non-traded real estate investment trust, acquired Foundations by the Vineyard, a 354-unit multifamily community in the Fort...

SmartStop Self Storage Stockholders Approve Merger with Extra Space Storage

SmartStop Self Storage Inc., an owner and operator of self storage facilities, announced that its stockholders approved the acquisition of SmartStop by Extra Space...

Industrial Property Trust Secures $100 Million Loan

Industrial Property Trust Inc. a publicly registered non-traded real estate investment trust that owns and operates distribution warehouses, entered into a $100 million secured...

ADISA Head Discusses DOL Fiduciary Rule, State of the Industry

The DI Wire sat down with ADISA’s chief executive officer and executive director, John Harrison, for a one-on-one interview to discuss the alternative investment...

Inland Real Estate Income Trust Purchases KS Shopping Center

Inland Real Estate Income Trust Inc., a publicly registered non-traded REIT, acquired a newly constructed retail center in Lawrence, Kansas. According to a filing...

LPL Financial Elects New Board Member

LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Viet D. Dinh has been elected to its board of directors and will also...

Cole Credit Property Trust IV Announces Estimated Share Value of $9.70

The board of directors of Cole Credit Property Trust IV Inc., a publicly registered non-traded real estate investment trust, announced a $9.70 estimated net...

ARC’s Retail Centers II is Terminating Offering

The board of directors of American Realty Capital—Retail Centers of America II Inc., a publicly registered non-traded real estate investment trust, announced that they...

Two ARC REITs Cancel Liquidity Events

American Finance Trust Inc. (formerly known as American Realty Capital Trust V) and Healthcare Trust Inc. (formerly known as American Realty Capital Healthcare Trust...

KBS REIT III Finalizes Purchase of $150 Million CA Office Property

KBS Real Estate Investment Trust III Inc., a publicly registered non-traded REIT, finalized its purchase of Almaden Financial Plaza in downtown San Jose for...

Hartman XX Increases Credit Line to $60 Million

Hartman Short Term Income Properties XX Inc., a Houston-based non-traded real estate investment trust, secured a $30 million line of credit from East West...

GIREX Announces Fourth Consecutive Distribution Increase

Griffin Institutional Access Real Estate Fund (NASDAQ:GIREX) (NASDAQ:GCREX) (NASDAQ:GRIFX), a closed-end interval fund sponsored by Griffin Capital Corp., increased its third quarter distribution to...

What Was the Most Active Non-Traded REIT in 2Q15?

Part 3 of 3According to a recent non-traded REIT review by Blue Vault, the six most active REITs in terms of dispositions...

CNL Growth Properties to Sell Third Multifamily Development with Crescent JV

CNL Growth Properties Inc., a publicly registered non-traded real estate investment trust, and a joint venture with Crescent Cool Springs Venture LLC, entered into...

KBS REIT III Increases Line of Credit to $255 Million

KBS Real Estate Investment Trust III Inc., a publicly registered non-traded REIT, signed a modified loan agreement to increase the amount of an existing...

LPL Financial Settles with State Regulators over Improper Non-Traded REIT Sales

State securities regulators have reached a settlement with LPL Financial following an investigation over allegations that the nation’s largest broker-dealer failed to enforce procedures...

Frydman Out as Chairman and CEO of United Realty Trust

United Realty Trust, a publicly registered non-traded real estate investment trust founded by controversial New York real estate developer Jacob Frydman, entered into an...

Non-Traded REIT Transactions Up During Second Quarter

Part 2 of 3In part one of this three-part article on Blue Vault’s non-traded REIT review, we reported that sales by non-traded...

ARC Registers New Retail Focused Non-Traded REIT

AR Capital has registered Retail Credit Property Trust Inc., a publicly registered non-traded real estate investment trust, which will offer $3.125 billion shares of...

New Estimated Per Share Net Asset Value for Hines REIT

Hines Real Estate Investment Trust Inc.’s board of directors has determined a new estimated per share net asset value of the company’s common stock...