April 20, 2016 | by Adriana Pop | Commercial Property Executive In a $371 million deal, Strategic Storage Trust II has agreed to purchase a portfolio of 27 facilities totaling more than 1.5 million square feet in North Carolina, Florida and Maryland. Ladera Ranch, Calif.–Strategic Storage Trust II, a public, non-traded REIT which is sponsored bySmartStop…

Apr 19 2016 | by DI Wire KBS Real Estate Investment Trust III, a publicly registered non-traded REIT, signed three new leases totaling 20,671 square feet at Anchor Centre in Phoenix Arizona’s Camelback Corridor. Black & Veatch Corporation, a global engineering, consulting, construction and operations company signed a lease for 12,547 square feet, software company…

BURL ROLETT | APRIL 15, 2016 | Business Den After spending more than $200 million on deals in Colorado in 2015, a California-based REIT is gobbling up more real estate. Steadfast Apartment REIT bought the Fielder’s Creek apartment complex in South Denver last month for $32.4 million. The company liked it for its location close enough to…

- Expands portfolio in New York and adds new grocer to portfolio - April 14, 2016 03:13 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced the strategic acquisitions of three grocery-anchored shopping centers in Georgia, New York and Florida. The shopping centers, which collectively comprise 618,786 square…

Apr 14 2016 | DI Wire Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust, signed an agreement to sell a self storage facility and industrial warehouse/office space in San Antonio, Texas for $16.1 million. The San Antonio property consists of approximately 385 units and approximately 49,250 square feet of storage…

Merger Expected to Close During Third Quarter April 18, 2016 | By Randyl Drummer | CoStar Apple Hospitality REIT Inc. (NYSE:APLE) has agreed to acquire Apple REIT Ten Inc. for $1.3 billion in a merger creating one of the largest select-service hospitality REITs with a combined 234 hotels and 30,017 rooms across 33 states. Apple…

April 11, 2016 | by Amy Baxter | Senior Housing News Some senior housing non-traded real estate investment trusts (REITs) may have won a regulatory victory. After much anticipation, worry and outcry from industry, the Department of Labor (DOL) released its finalized version of its new fiduciary rule, with major changes that spell good news for REITs.…

Volatile markets have prompted rush of investors to exit nontraded business development companies Updated April 10, 2016 7:51 p.m. ET | By KIRSTEN GRIND and JEAN EAGLESHAM | WSJ It was never easy for investors to get their money out of funds called nontraded BDCs, but it is getting even harder now. Business Development Corporation…

-Firm adds seven territories to wholesale Resource investment platform- April 08, 2016 10:30 AM Eastern Daylight Time PHILADELPHIA--(BUSINESS WIRE)--Resource Real Estate, Inc. and its affiliated broker-dealer, Resource Securities, Inc. (collectively, “Resource”), announced the expansion of its sales force from 12 to 17 territories. Ten recently hired external and internal wholesalers have joined the team and…