Mar 21 2016 | Article by: DI Wire Lightstone Value Plus REIT III, a publicly registered non-traded real estate investment trust, purchased the Hampton Inn – Lansing in Michigan for $10.5 million, or $122,000 per room. The 86-room select service hotel was built in 2013, and the company expects to invest $500,000 for renovations and…

Lightyear will not employ former executives from RCS and Cetera until September or until RCS bankruptcy plan is effective Mar 21, 2016 @ 12:12 pm | By Bruce Kelly | Investment News RCS Capital Corp. and its brokerage unit, Cetera Financial Group, have reached a settlement with Lightyear Capital in a dispute over Lightyear's poaching of Cetera's…

KBS Realty Eyes Possible Liquidity Events for 2 Non-Traded REITs Monday, March 21,  2016 | Commercial Real Estate Direct KBS Realty Advisors has started an effort to provide shareholders in two of its non-traded REITs with a liquidity event. It has hired investment bank Evercore Group as financial adviser to help the special committees each…

March 16, 2016 12:57 ET | Source: Griffin Capital LOS ANGELES and NEW YORK, March 16, 2016 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Griffin-Benefit Street Partners BDC Corp. (“GB-BDC”) has determined it is in the best interest of GB-BDC and its stockholders to suspend the continuous public offering of GB-BDC’s common…

Mar 16 2016 | by DI Wire MacKenzie Realty Capital Inc., a non-traded business development company, made a tender offer for up to 150,000 shares of common stock in American Finance Trust Inc. for $16.00. The offer expires on April 29, 2016. American Finance Trust, a publicly registered non-traded real estate investment trust sponsored by…

Mar 15 2016 | By DI Wire American Realty Capital — Retail Centers of America Inc., a publicly registered, non-traded real estate investment trust, announced that its board of directors approved an estimated net asset value of $9.00 per share of common stock. This is the first time that the board has determined an estimated…

March 14, 2016 | by DI Wire MVP REIT Inc., a publicly registered non-traded real estate investment trust, announced that it intends to pursue listing its shares of common stock on the NASDAQ Global Market. Although the company’s board of directors approved taking actions to list the shares, it is not clear at this time…

Mar 10 2016 | by DI Wire Phillips Edison Grocery Center REIT II Inc., a publicly registered, non-traded real estate investment trust, released its operating results for the year ended December 31, 2015. On September 15, 2015, Phillips Edison Grocery Center REIT II, which intended to raise $2 billion in its initial public offering, terminated…

Xplore Technologies at Park Center leased 16,228 square feet of office space to KBS Strategic Opportunity REIT. March 9, 2006 | by Anca Gagiuc | Commercial Property Executive   Austin, Texas—The non-traded real estate investment trust KBS Strategic Opportunity REIT of Newport Beach, Calif., announced signing a 16,228-square-foot lease with Xplore Technologies at Park Center.…