C-III Capital Partners Acquires Resource America Under the transaction, Resource America stockholders will be entitled to receive $9.78 per share in cash, or a total of roughly $207 million. September 12, 2016 | by Scott Baltic | Commercial Property Executive Dallas—Leading CRE investment manager C-III Capital Partners LLC has completed its acquisition of Resource America Inc.,…

Summit Healthcare REIT, Inc. acquires an interest in two skilled nursing facilities in Delaware LAKE FOREST, Calif., Sept. 6, 2016 /PRNewswire/ -- Summit Healthcare REIT, Inc.("Summit" or the "REIT") announced today that it has acquired an interest in two skilled nursing facilities located in the communities of Millsboro and Smyrna, Delaware, for a total purchase…

Author Spotlight: A history of the REIT revolution by Institutional Real Estate, Inc. Kenneth Campbell, who spent his professional lifetime reporting on the REIT business and wrote the first full-length book on REITs many years ago, is back with yet another book titled “Watch That Rat Hole: And Witness the REIT Revolution.” He joins us…

REIT Industry Veteran Ralph Block Dies 9/7/2016 | By Sarah Borchersen-Keto | REIT.com Ralph Block, a leading authority on REITs and an active participant in the industry for several decades, died on Sept. 6. Block was the author of the book “Investing in REITs,” now in its fourth edition. He also authoredThe Essential REIT, a…

Ex-CFO at REIT formerly controlled by Nicholas Schorsch indicted Brian S. Block is being charged with overstating financial performance at American Realty Capital Properties Inc., now known as Vereit Sep 8, 2016 @ 1:56 pm | By Bruce Kelly | Investment News In parallel investigations, the Department of Justice and the Securities Exchange Commission on Thursday charged…

Blackstone's New Non-Traded REIT Begins Selling Shares September 7, 2016 | By Mark Heschmeyer | CoStar Blackstone Real Estate has officially gone to market with shares for its newly launched and first-ever non-traded REIT -- Blackstone Real Estate Income Trust Inc. The PE giant is looking to raise up to $5 billion for the REIT…

Capital Square 1031 Surpasses $500 Million in Assets Under Management Section 1031 exchange sponsor acquires 220-unit multi-family community in San Antonio SAN ANTONIO, Aug. 30, 2016 (GLOBE NEWSWIRE) -- Capital Square 1031, LLC, a leading sponsor of replacement property for Section 1031 exchanges, announced today that the firm has surpassed $500 million in assets under…

Shopping Malls’ New Product: Fun Many U.S. malls are experimenting with entertainment-focused tenants Aug. 30, 2016 3:47 p.m. ET | By ESTHER FUNG |Wall Street Journal Go-kart racing, indoor rope climbing and laser tag aren’t activities typically associated with back-to-school shopping, but that is what some shoppers at a Syracuse, N.Y., mall are doing. Entertainment offerings…

Data Center Properties Create a Powerful Pull Sep 6, 2016 | Diana Bell | National Real Estate Investor Technology is evolving exponentially. On all fronts—business, consumer, user—the Internet has become a necessity. Whether saving company files to the cloud, shopping on Amazon or streaming Netflix, all this data flows through one commercial real estate property type: data…