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Monthly Archives: January 2022

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Blackstone REIT Doubles Size of Pre-Effective Follow-On Offering

Blackstone Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust sponsored by private equity giant The Blackstone Group (NYSE: BX),...
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Video: Self-Storage Investing

The DI Wire’s publisher, Damon Elder, sat down with John Good, chief executive officer of NexPoint Storage Partners, to discuss self-storage investing in the...

NAV REITs Post Cumulative 64% Total Return Over Past 5 Years

Non-traded net asset value real estate investment trusts posted a 6.79 percent return for the fourth quarter of 2021, as measured by the Stanger...

KBS Appoints New Chief Executive Officer and Chief Financial Officer

KBS, a private equity real estate company and sponsor of non-traded alternative investments, has appointed Marc DeLuca as chief executive officer, Jeff Waldvogel as...

SEC Charges Former UBS Advisor with Stealing $5.8 Million from Client

The Securities and Exchange Commission has charged German Nino, a former securities broker and investment adviser representative for UBS Financial Services Inc., with stealing...

Hines Global Income Trust Buys San Diego Office Campus for $120 Million

Hines Global Income Trust Inc., a publicly registered non-traded real estate investment trust, has purchased Liberty Station, a low-rise, four-building office campus located in...

Vinebrook Homes Trust Declares Monthly NAV Per Share

Vinebrook Homes Trust Inc., a private real estate investment trust managed by an affiliate of NexPoint Real Estate Advisors, has declared its monthly net...

Greenbacker Buys Pre-Operational Solar Project in Vermont

Greenbacker Renewable Energy Company LLC, a non-traded limited liability sustainable infrastructure company, has purchased a 6.5-megawatt to-be-constructed solar project from Encore Renewable Energy, a...

Securitized 1031 Exchanges Raise a Record $7.4 Billion in 2021

Securitized 1031 exchange programs raised a record-breaking $7.4 billion in equity in 2021, more than double the $3.2 billion equity raise in 2020, according...

Inland Private Sells Two Home Depot Stores in Latest DST Full-Cycle Transaction

Inland Private Capital Corporation, a sponsor of securitized 1031 exchange programs, has sold two Home Depot properties located in Massachusetts and Washington. Combined, the...

KKR Appoints Global Head of Private Wealth

KKR, a global investment firm that offers alternative asset management, has appointed Todd Builione as global head of private wealth. In this newly created...

Legendary Capital Sponsors Acquisition of Hampton Inn & Suites in Fargo

Legendary Capital, a sponsor of non-traded real estate investment trusts and other alternative investment offerings, has sponsored the acquisition of the 90-room Hampton Inn...

Sales of Illiquid Alternatives Break Records in 2021

Illiquid alternative investment fundraising hit a record $86.1 billion in 2021, more than three times the 2020 total of $27.3 billion, according to Robert...

Carter Multifamily Internalizes Sales Team and Makes Leadership Appointments

Carter Multifamily Fund Management Company LLC, a private real estate investment company focused on the acquisition of value-add multifamily properties, has completed the internalization...

Capital Square 1031 Buys Mixed-Use Multifamily Property in Jacksonville for DST Offering

Capital Square 1031, a sponsor of Delaware statutory trust offerings, has purchased a 10-story, luxury, mixed-use, Class A multifamily property in Jacksonville, Florida.The community...

Grubb Properties Closes Opportunity Zone Fund Ahead of REIT Consolidation

Grubb Properties, a commercial real estate firm and opportunity zone fund sponsor, has closed its 2021 Grubb Qualified Opportunity Fund LLC with $152 million...

JVM Realty Buys Multifamily Property in Illinois

JVM Realty Corp., a multifamily real estate investment and property management firm, has purchased The Residences at Hamilton Lakes, a 297-unit multifamily property in...
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Four UDF Executives Convicted of Fraud

Four United Development Funding executives were found guilty of fraud on Friday following a five-day trial and nearly 12 hours of jury deliberation.Chief executive...

Blackstone REIT to Buy Resource REIT in $3.7 Billion Deal

Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX), has agreed to purchase...

Griffin Interval Fund Reports Record Performance in 2021, Surpasses $5 Billion in AUM

Griffin Institutional Access Real Estate Fund, a closed-end interval fund managed by Griffin Capital, has reportedly surpassed $5 billion in assets under management, following...