FS Investment Corp. III Files for Offering of Common Stock Through Institutional Channel October 6, 2017 | James Sprow | Blue Vault The company is offering shares of its common stock on a continuous basis up to 106,675,012 shares pursuant to a prospectus filed with the SEC on October 5, 2017. The shares are offered…

InvenTrust Evaluates Impact of Hurricanes on Portfolio October 6, 2017 | James Sprow | Blue Vault In a letter to stockholders on October 6, InvenTrust announced the results of a complete evaluation of properties in the path of the hurricanes that hit Houston and Florida. The REIT owns 19 properties in Houston and Florida, and…

Phillips Edison Grocery Center REIT I Internalizes Management October 6, 2017 | James Sprow | Blue Vault Phillips Edison Grocery Center REIT I Inc. (PECO I) said on October 5 that it had completed the acquisition of certain real estate assets and the third-party asset management business of its former sponsor and external advisor, Phillips…

Hines Global REIT II Files Tender Offer for $200 Million in Common Shares October 4, 2017 | James Sprow | Blue Vault Hines Global REIT II, a nontraded REIT with a diversified portfolio consisting of office, multifamily, industrial, student housing and shopping center properties, filed a tender offer on October 3, 2017, to purchase for…

NexPoint Capital, Inc. Announces Results of Tender Offer for Common Stock October 5, 2017 | James Sprow | Blue Vault NexPoint Capital, Inc., a nontraded publicly registered business development company and affiliate of Highland Capital Management, L.P., today announced the expiration and final results for its tender offer for up to 2.5% of its outstanding…

SmartStop Files $1 Billion Student and Senior Housing Nontraded REIT Offering October 5, 2017 | James Sprow | Blue Vault SmartStop Asset Management LLC, a sponsor of nontraded REITs and other direct investment offerings previously focused on self-storage assets, has filed an offering for a $1 billion nontraded REIT called Strategic Student & Senior Housing…

$31M settlement of shareholder suit against RCS Capital, Nicholas Schorsch  October 4, 2017 | Tobias Salinger | Financial Planning Remnants of bankrupt company RCS Capital must pay shareholders $31 million as part of a settlement approved Thursday in federal court. The settlement was the first to be reached from a series of civil claims filed in…

Sink Or Swim: How 13 Retail Segments Will Survive the E-Commerce Onslaught September 26, 2017 | Champaign Williams | Bisnow It is the survival of the fittest in the retail sector. Only those best positioned to embrace consumers’ changing shopping patterns and accommodate e-commerce will survive the seismic shift. JLL estimates e-commerce sales will grow…

Griffin Institutional Access Credit Fund Reorganizes and Absorbs Griffin Capital BDC October 4, 2017 | James Sprow | Blue Vault Griffin Institutional Access Credit Fund, a non-traded interval fund, has completed the reorganization with affiliated non-traded business development company Griffin Capital BDC Corp, with all of the BDC’s assets transferred to the interval fund in…