Posted on February 11, 2016 | by John Nelson | Rebusiness Online Kane Realty Corp., a Raleigh-based commercial real estate developer, has joined with Newport Beach, Calif.-based KBS Realty Advisors as a joint venture partner for the development of Park Central in Raleigh. The development costs for the 16-story, mixed-use tower are estimated to total $100 million, according…

February 9, 2016 | Inside Self-Storage CPA:18 – Global, a publicly held, non-traded real estate investment trust (REIT) managed by global net-lease REIT W. P. Carey Inc., achieved record transaction volume in 2015 of more than $300 million in acquisitions for its self-storage portfolio. Nearly half the volume was recorded in the last six months…

February 10, 2016 | Business Wire Phillips Edison Grocery Center REIT II, Inc. (the “Company”) is pleased to announce it has strengthened its portfolio and presence in Massachusetts and South Carolina with two strategic acquisitions collectively comprising 146,472 square feet of prime retail space. In two separate transactions, the Company acquired Carriagetown Marketplace in Amesbury,…

(GLOBE NEWSWIRE) -- Griffin Capital Corporation ("Griffin Capital") announced today, on behalf of Griffin Capital Essential Asset REIT II, Inc. (the “REIT”), the acquisition of the 200,846-square-foot Toshiba Global Commerce Solutions Corporate Headquarters (the “Property”) located in Durham, North Carolina. The four-story, Class A office building is leased in its entirety to Toshiba TEC Corporation…

SOURCE: Resource America, Inc. February 09, 2016 09:00 ET PHILADELPHIA, PA--(Marketwired - Feb 9, 2016) - Resource America, Inc. (NASDAQ: REXI) (the "Company") announced today that it has successfully closed its latest multifamily focused public offering, Resource Real Estate Opportunity REIT II, Inc. (the "REIT II"), a publicly registered non-traded REIT. REIT II raised $556…

NEW YORK, Feb. 9, 2016 /PRNewswire/ -- First Capital Real Estate Advisors, LP, the external advisor to First Capital Real Estate Trust Incorporated ("First Capital"), an SEC-registered public non-traded REIT, announced today that First Capital acquired a 92% indirect ownership interest in Township Nine, a 62.6-acre mixed-use development project in Sacramento, California ("Township Nine") appraised at…

Feb 09 2016 | Article by: The DI Wire KBS Real Estate Investment Trust III, a publicly registered non-traded REIT, signed two leases totaling 14,817 square feet at 500 West Madison, Chicago’s largest Class A, LEED Gold-certified tower. TalentSprout by Sykes Enterprises renewed and expanded a 10,425-square-foot lease, and OpenMarkets signed a new 4,392-square-foot lease.…

The firm could create its own REIT sponsor and wholesaler or take a run at an established one like NorthStar Asset Management Group Inc. Feb 9, 2016 @ 1:10 pm | By Bruce Kelly | Investment News With private equity giant The Blackstone Group potentially pushing its way into the nontraded real estate investment trust business, the…

Feb 08 2016 | Article by: The DI Wire MacKenzie Realty Capital Inc., a non-traded business development company, made a tender offer for 600,000 shares of common stock of Sentio Healthcare Properties for $5.00 per share. The offer expires on March 18, 2016. Sentio Healthcare Properties, a non-traded real estate investment trust that invests in healthcare…