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),...
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...
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...
