New construction worries sap momentum in once-hot storage sector March 14, 2017 | by Jake Mooney and Camilla Yanushevsky | SNL Construction of new self-storage facilities has dramatically accelerated in recent years, sapping momentum from owners and operators of existing properties and weakening publicly traded storage REITs' earnings and stock performance. The shift reflects a greater availability…

High Tech Now Essential For CRE CHICAGO—Many in CRE have been slow to adopt new technology, but prospective tenants increasingly expect the transparency and data that high tech tools can provide, says Truss’ Bobby Goodman. March 15, 2017 | by BRIAN J. ROGAL | GlobeSt CHICAGO—Last month, GlobeSt.com reported the launching of Truss, a new Chicago-based start-up…

REIT Lands Battle Creek Medical Office Building March 14, 2017 | by Laura Calugar | Commercial Property Executive  Griffin-American Healthcare REIT IV acquired a 46,000-square-foot property in Michigan. Battle Creek, Mich.—The co-sponsors of Griffin-American Healthcare REIT IV Inc., American Healthcare Investors and Griffin Capital Company LLC., recently announced the REIT’s purchase of Battle Creek Medical…

Stanger’s Editorial on the Moody National REITs I & II Merger and Moody’s Reply March 16, 2017 | by James Sprow | Blue Vault On March 10, Robert A. Stanger & Co. published a Special Report that harshly criticized the proposed merger of nontraded REITs Moody National REITs I and II. Among the many criticisms,…

CION Investment Corporation Announces Operating Results March 16, 2017 | by James Sprow | Blue Vault CION Investment Corporation ("CION"), a middle market loan fund that is structured as a non-traded business development company, provided an overview of its operating results for the year ended December 31, 2016, in a filing with the SEC on March…

Capital Square 1031 Completes Two Medical Office DST/1031 Exchange Offerings March 14, 2017 | Capital Square 1031 RICHMOND, Va. (March 14, 2017) – Capital Square 1031 announced today that its Delaware statutory trust offerings, CS1031 Birmingham MOB, DST and CS1031 Kinston MOB, DST, each comprised of a medical office building occupied by affiliates of Fresenius…

Investors accuse Nicholas Schorsch of plundering RCAP for own gain Unsecured creditors claim one-time REIT czar and his partners siphoned revenue from RCAP to enrich themselves, leaving shareholders in the lurch March 10, 2017 | by Bruce Kelly | InvestmentNews A group of investors has accused Nicholas Schorsch, the former nontraded REIT czar, and his partners of…

The New CEFs on the Block But you can only take your money out step by step. March 9, 2017 | by Cara Esser, CFA and Jason Kephart | Morningstar PIMCO made headlines last month when it launched an interval fund (PIMCO Flexible Credit Income) and registered to raise $1 billion in assets. The last closed-end fund,…

Specialty REITs Eating More of the Pie A new wave of specialty REITs is outpacing the slowing growth of the larger sectors. March 3, 2017 | by David Dent | Commercial Property Executive The REIT market has traditionally focused growth on the major commercial property types, which have performed especially well during the long recovery…