Carter Validus Mission Critical REIT II, Inc. (“CV Mission Critical REIT II”), a non-traded real estate investment trust focused on assembling a portfolio of high-quality data center and healthcare real estate, acquired properties during December 2017 for an aggregate contract purchase price of approximately $73 million, excluding closing costs and related fees.

Capital raised for BCM’s direct investment product suite grew by 60% in 2017, following a 160% increase in 2016.

Stop by Booth #402 to see us!

The big story of 2017 for REIT investors was how dramatically they underperformed the broad stock market.

“We are very pleased to complete the acquisition of this Class ’A’, institutional-quality student housing property located near one of the largest and most prestigious research universities in the country,” said H. Michael Schwartz, chief executive officer of SmartStop.

The stockholders of NorthStar Real Estate Income Trust, Inc. (“NorthStar I”) and NorthStar Real Estate Income II, Inc., (“NorthStar II”) voted to approve the mergers of NorthStar I and NorthStar II into Colony NorthStar Credit Real Estate, Inc. (“CLNC”) at special meetings on January 18.

Carter Validus Mission Critical REIT, Inc. (“the Company”) announced January 22 that its Board of Directors has declared a special distribution of $3.00 per share of common stock, subject to, and conditioned upon, all required third party consents and approvals.

The full-cycle investment provided an 8.1% internal rate of return (IRR), including cash flow, over the approximate 5-year hold period.

Phillips Edison & Company (the “Company”) is pleased to announce a strong close to 2017, acquiring 23 grocery-anchored shopping centers on behalf of the Company and its sponsored programs throughout the year.