SEC Fiduciary Rule Becomes an Increasing Possibility April 24, 2017 | Financial Advisor IQ The SEC’s acting chairman believes the commission should spearhead a fiduciary rule in place of the Department of Labor’s version, the Wall Street Journal writes. The SEC needs “to take the opportunity to fill that space,” Michael Piwowar said at a…

W. P. Carey Appoints Brian Boulter Director of Self-Storage April 25, 2017 | Inside Self-Storage W. P. Carey Inc., a global net-lease real estate investment trust (REIT) that owns 211 self-storage facilities in 29 states, has hired Brian Boulter as director of self-storage. Boulter will be responsible for overseeing the management of the company’s self-storage…

Lightstone REIT and Lightstone Value Plus REIT III Terminate Distribution Reinvestment Programs April 28, 2017 | by James Sprow | Blue Vault On April 21, 2017, the board of directors of Lightstone Real Estate Investment Trust Inc. terminated the Company’s distribution reinvestment program (“DRIP”) effective May 15, 2017. Previously, the Company’s stockholders had an option to…

Strategic Storage Growth Trust, Inc. Announces Estimated Per Share Value of $11.56 April 17, 2017 | by Strategic Storage Growth Trust, Inc. LADERA RANCH, Calif., April 17, 2017 /PRNewswire/ -- Strategic Storage Growth Trust, Inc. ("SSGT"), a public non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC, announced today that its board of directors has…

InvenTrust to Downsize HQ in Suburban Chicago April 21, 2017 | by Veronica Grecu | Commercial Property Executive  The company is planning to move into 22,000 square feet of space at the Highland Landmark II building in Downers Grove. Come this summer, InvenTrust Properties Corp. will have a new home in suburban Chicago. The REIT has…

Inland Real Estate Income Trust Acquires Pentucket Shopping Center in Plaistow, N.H. April 20, 2017 | by HAISTEN WILLIS | Rebusinessonline PLAISTOW, N.H. — Inland Real Estate Income Trust has acquired the 199,335-square-foot Pentucket Shopping Center in Plaistow. The property is located one mile north of the Massachusetts state border and about 40 miles north of Boston. Mark…

American Finance Advisors Retains Lincoln Retail REIT Services April 25, 2017 | by James Sprow | Blue Vault  American Finance Advisors, LLC, the advisor to American Finance Trust, Inc. (AFIN), has informed the Company that it has engaged Lincoln Retail REIT Services, LLC as an independent service provider. Lincoln previously provided real estate-related services on…

Resource Innovation Office REIT to Revise Offering, Lower Fees, Offer New Share Classes April 24, 2017 | by James Sprow | Blue Vault Resource Innovation Office REIT Inc., a nontraded REIT sponsored by Resource Real Estate Inc., has suspended sales of its Class A and Class T shares in its public offering as of Friday,…

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