Home > Inside the Vault > How do asset management fee rates based upon gross asset values present a potential conflict of interest for nontraded REIT sponsors?
November 25, 2016
How do asset management fee rates based upon gross asset values present a potential conflict of interest for nontraded REIT sponsors?
How do asset management fee rates based upon gross asset values present a potential conflict of interest for nontraded REIT sponsors? If asset management fees are calculated on the gross asset values of the REIT, the sponsor may have an incentive to use more debt to finance a portfolio than if the fee were based …
How do asset management fee rates based upon gross asset values present a potential conflict of interest for nontraded REIT sponsors?
If asset management fees are calculated on the gross asset values of the REIT, the sponsor may have an incentive to use more debt to finance a portfolio than if the fee were based upon another equity-based measure, such as the aggregate NAV of the shareholder interests.
What percentage of outstanding debt principal was due before 2025 for those nontraded REITs in Blue Vault's Q2 2023 NTR Review? Answer: The nontraded REITs in Blue Vault's Q2 2023 NTR Review reported 3.09% of outstanding debt principal due in the last two quarters of 2023 and 10.65% due in 2024, for a total of…
Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…