Feb 24 2016 | DI Wire Hines Global REIT Inc., a non-traded real estate investment trust, announced that its board of directors determined a new estimated per share net asset value of $10.24 for the company’s common stock, as of December 31, 2015. This new estimated per share NAV represents an 8 percent increase over…

Feb 24 2016 1:47 pm | By John McDermott | The Post and Courier An Ohio company that bought the Wal-Mart-anchored North Pointe Plaza in North Charleston last year has purchased the adjacent outparcels. Phillips Edison Grocery Center REIT II Inc. paid $4.9 million this month for the properties occupied by retailers AC Moore and Dollar Tree…

Feb 24 2016 | DI Wire Dividend Capital, a sponsor of non-traded real estate investment trusts, recently launched Logistics Property Trust Inc., a $2 billion non-traded REIT that focuses on high-quality distribution warehouses and other industrial properties. The company expects to meet its minimum offering by the end of the year. Logistics Property Trust is…

Feb 24 2016 | DI Wire Axiom Capital Management Inc., a full-service broker-dealer, terminated its dealer management agreement with VII Peaks Co-Optivist Income BDC II Inc., a non-traded business development company, according to a filing with the Securities and Exchange Commission. Axiom served as a non-exclusive managing broker-dealer in the BDC’s continuous offering of common…

Feb 23 2016, 16:11 ET | About: Extra Space Storage, Inc. (EXR) | By: Stephen Alpher, SA News Editor Q4 adjusted FFO of $115.1M or $0.87 per share vs. $84.2M and $0.68 one year ago. Full-year AFFO per share of $3.13 vs. $2.61 in 2014. Q4 same-store (503 stores) revenue up 9.6% Y/Y; expenses up…

18 February 2016 | Author: Becky Butcher | Real Estate Investment Times KBS Real Estate Investment Trust has signed a lease with ExamWorks for 14,504 square feet of space at ADP Plaza. ExamWorks provides independent medical examinations, peer reviews and bill reviews. Article Located Here

NEW YORK, Feb. 22, 2016 /PRNewswire/ -- NorthStar Real Estate Income II, Inc. (NorthStar Income II) announced today that it purchased a senior mortgage loan with a total commitment of up to $21.1 million for$16.9 million, representing 93% of the current outstanding principal amount of $18.2 million. The loan is secured by a 59,257 square foot…

Property Magazine International | Sherri W. Schugart has been appointed to Hines Executive Committee, which functions as a board of directors. Schugart is the Senior Managing Director/CEO of the Core Fund, REIT & BDC Group and currently serves as the President and CEO of all three of Hines’ public real estate companies (Hines REIT, Hines Global REIT…

POSTED ON FEBRUARY 22, 2016  | BY NELLIE DAY | Rebusiness Online LOVELAND, COLO. — Steadfast Apartment REIT has acquired the 222-unit Horseshoe Lake in Loveland for an undisclosed sum. It is located at 341 Knobcone Drive. The community is situated an hour north of Denver near Colorado State University. Terrance Hunt, Shane Ozment, Doug Andrews and Jeff…