U.S. House Prices Rise 1.5 Percent in Fourth Quarter U.S. house prices rose 1.5 percent in the fourth quarter of 2016 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 6.2 percent from the fourth quarter of 2015 to the fourth quarter of 2016. FHFA’s seasonally adjusted monthly…

Hotel News Now Reports Increase in Hotel Rooms Construction Pipeline in January 2017 February 23, 2017 | by James Sprow | Blue Vault   STR's Pipeline Report for January 2017, shows the U.S. reported 575,907 rooms in 4,763 hotel projects for the month, which was a 16.1% increase when compared to January 2016. In the,…

PIMCO Launches the PIMCO Flexible Credit Income Fund February 22, 2017 09:00 ET | PIMCO Account Management NEWPORT BEACH, Calif., Feb. 22, 2017 (GLOBE NEWSWIRE) -- PIMCO, a leading global investment management firm, has launched the PIMCO Flexible Credit Income Fund, an interval fund that aims to generate attractive risk-adjusted returns and current income by investing…

CNL Healthcare Properties II Signs Agreement for First Acquisition  February 23, 2017 | by James Sprow | Blue Vault On February 22, CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, announced a signed agreement with Summer Vista Assisted Living, LLC and Hardcourt Development No. 2,…

KBS Legacy Partners Apartment REIT Agrees to Lower Sales Price for Wesley Village February 21, 2017 | by James Sprow | Blue Vault The sales agreement for the sale of Wesley Village in Charlotte, North Carolina, and an adjacent 3.8 acre parcel of land by KBS Legacy Partners Apartment REIT to Bluerock Real Estate, LLC…

Griffin Capital Essential Asset REIT II Announces Estimated NAV February 21, 2017 | by James Sprow | Blue Vault On February 13, 2017, the board of directors of Griffin Capital Essential Asset REIT II determined an estimated value per share for all common share classes of $9.37 as of December 31, 2016, following a valuation…

Why So Many 1031 Investors Are Emerging SAN DIEGO—Just like home buyers look to level up, we’re also seeing a bit more fluidity in typically middle-market groups seeking more institutional deals and vice versa, Avison Young’s Peter Sherman tells GlobeSt.com. February 21, 2017 | BY CARRIE ROSSENFELD | GlobeSt.com Sherman: “I had multiple conversations with investors saying…

Rents Rise Fastest in Class-B Submarkets February 21, 2017 | by Bendix Anderson | National Real Estate Investor  Apartment rents are growing most quickly in working-class, suburban submarkets that apartment developers have avoided. “With a handful of exceptions, the neighborhoods posting the strongest rent growth don’t have much ongoing construction,” says Greg Willett, chief economist for…

2017 outlook depends on Trump policies, Hilton CEO says February 15, 2017 | Jake Mooney | S&P Global Executives at Hilton Worldwide Holdings Inc. are optimistic that the company's revenue can grow in the months ahead, but the company's CEO said much depends on the Trump administration's ability to deliver tax and regulatory reform. During…