Non-Traded REITs: Go Mainstream or Die Fundraising for the sector fell in 2016 due to the combination of impending regulatory changes and lackluster performance, notes Yardi Matrix Associate Director of Research Paul Fiorilla. The sector must continue to lower fees and improve liquidity to attract new investors. June 21, 2017 | by Paul Fiorilla | Commercial…

Brian Block trial witness says Nicholas Schorsch had hand in cooking the books at ARCP Lisa McAlister, former chief accounting officer at the REIT once controlled by Nicholas Schorsch, said Mr. Schorsch instructed Mr. Block to obfuscate accounting fraud in a particular financial line item June 20, 2017 | by Greg Iacurci | InvestmentNews.com A key…

This Is How a 1031 Exchange Helps You Build Wealth The IRS provision increases your real estate purchasing power, but first you have to master the rules. June 5, 2017 | by Kayleigh Kulp | U.S. News Byron Smith Sr. has been investing in real estate for nearly 40 years, building wealth by using a 1031 exchange…

Blackstone may near $1bn for new non-traded REIT June 17, 2017 | Gulf Times Blackstone Group expects to reach the $1bn mark for its first non-traded Real Estate Investment Trust (REIT) by the end of the month, people with knowledge of the matter said. The asset manager had gathered $875mn from more than 6,500 investors…

New Nevada law imposes fiduciary duty on brokers The measure, effective July 1, requires advisers to disclose any "profit or commission" they receive and make a "diligent inquiry" about a client's financial condition and goals June 16, 2017 | by Mark Schoeff Jr. | InvestmentNews.com Brokers in Nevada will have to meet a fiduciary standard when providing…

Healthcare Trust, Inc. to Acquire American Realty Capital Healthcare Trust III, Inc. Portfolio for Approximately $120 Million June 19, 2017 | Healthcare Trust, Inc.   NEW YORK, June 19, 2017 /PRNewswire/ -- Healthcare Trust, Inc. (the "Company") announced today that the special committee of the board of directors unanimously approved the acquisition of substantially all of the…

Another Rate Hike Causes Little Concern in CRE Circles The move is unlikely to change conditions in the commercial real estate sector, according to industry insiders. June 14, 2017 | by Elaine Misonzhnik | National Real Estate Investor As has been widely expected, the Federal Reserve raised its target interest rate by 25 basis points on Wednesday,…

Mark Goldberg Joins Griffin Capital Securities as CEO June 19, 2017 | by James Sprow | Blue Vault Griffin Capital Company, LLC (“Griffin Capital”) announced on June 19, 2017 that Mark M. Goldberg has been named Chief Executive Officer of Griffin Capital Securities, LLC (“GCS”), Griffin Capital’s captive broker dealer and distributor. He will also…

Kroger’s Earnings Miss Big; How Much CMBS Debt is Backed by the Retailer? June 15, 2017 | by Manus Clancy | Trepp.com As we noted earlier this week, grocery chain Kroger (NYSE:KR) announced its latest set of earnings today. The market consensus was that the numbers and subsequent guidance would be considered a benchmark for just how much…