Sentio Healthcare Properties Announces $14.65 Cash per Share Merger Consideration August 8, 2017 | James Sprow | Blue Vault On August 8, 2017, Sentio Healthcare Properties, Inc. filed an 8-K report to announce the amount of cash per share of common stock to be received if the merger with KAREP Master JV, LLC and other…

Phillips Edison Acquires Bakersfield Center August 2, 2017 | Al Urbanski | ChainStoreAge.com Phillips Edison has acquired another grocery-anchored center, this on in Bakersfield, California.   Riverlakes Village is a 92,212-sq.-ft. neighborhood center anchored by Von’s Supermarket and augmented by a classic necessity-based mix of CVS, Verizon Wireless, Bank of America, Supercuts, Steak and Grape’s, and…

  Cole Credit Property Trust V Follow-On Offering Declared Effective August 3, 2017 | by James Sprow | Blue Vault On August 1, 2017, a follow-on offering by Cole Credit Property Trust V of $1,500,000,000 in shares of common stock was declared effective by the SEC. Of these shares, the REIT is offering up to…

JLL Income Property Trust Acquires Premier Portland Apartments [caption id="" align="alignnone" width="650"] JLL Income Property Trust Acquires Premier Portland Apartments - Jory Trail at the Grove[/caption]   CHICAGO, July 20, 2017 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), today announced the acquisition of Jory Trail at the Grove, a premier…

Resource Apartment REIT III, Inc. Purchases Apartment Community in Jacksonville, Florida and Announces Cash Distribution August 02, 2017 10:00 AM   PHILADELPHIA--(BUSINESS WIRE)--On July 31, Resource Apartment REIT III, Inc. (the “REIT”), a non-traded real estate investment trust sponsored by Resource Real Estate, Inc., completed the purchase of Bay Club Apartments. Built in 1990, the…

JLL Income Property Trust Acquires Premier Suburban Atlanta Apartments   [caption id="" align="alignnone" width="650"] JLL Income Property Trust Acquires Premier Suburban Atlanta Apartments - The Reserve at Johns Creek Walk[/caption]   CHICAGO, Aug. 1, 2017 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), today announced the acquisition of The Reserve…

FS Investments promotes Mike Kelly to president Will retain role as chief investment officer [caption id="" align="alignnone" width="800"] Mike Kelly[/caption]   July 26, 2017 | InvestmentNews.com FS Investments has promoted Mike Kelly, currently its chief investment officer, to president. He will continue to lead the firm's investment efforts. The firm, based in Philadelphia, manages alternative assets and…

Summit Healthcare REIT, Inc. acquires an assisted living/memory care facility in Arizona LAKE FOREST, Calif., July 18, 2017 /PRNewswire/ -- Summit Healthcare REIT, Inc. ("Summit" or the "REIT") announced today that it has acquired  an assisted living and memory care facility located in Chandler, Arizona on July 17, 2017.  The facility, acquired for a total purchase price of $13.4 million, consists of a…

Carter Validus Mission Critical REIT II, Inc. Completes $398 Million in Healthcare and Data Center Acquisitions in First Half of 2017 The acquisitions, completed January through June 2017, added 11 properties totaling approximately 1.7 million rentable square feet to CV Mission Critical REIT II’s portfolio. July 17, 2017 03:30 PM Eastern Daylight Time TAMPA, Fla.--(BUSINESS…