Blackstone REIT was formed on November 16, 2015, and is externally managed by BX REIT Advisors L.L.C.,

CION Investment Corporation Maintains Distribution Rate for April 2017 March 30, 2017 | by James Sprow | Blue Vault On March 23, 2017, the board of directors of CION Investment Corporation (“CION”), a CION Investments company, declared four regular weekly cash distributions of $0.014067 per share each, which will be paid in April 2017. Each of the regular…

Chase Park Plaza Hotel to be sold March 23, 2017 | by Jacob Barker | St. Louis Post-Dispatch The iconic Chase Park Plaza in St. Louis’ Central West End could soon be under new ownership. The Dallas real estate investment trust that owns the hotel, Behringer Harvard Opportunity REIT I Inc., agreed last week to sell the…

KBS REIT Approves Estimated Value Per Share of $2.475 Amidst Liquidation March 28, 2017 | by James Sprow | Blue Vault On March 27, 2017, the KBS Real Estate Investment Trust, Inc. (the “Company”) board of directors approved an estimated value per share of the Company’s common stock of $2.475 (the “EVPS”), effective March 21,…

Strategic Storage Growth Trust, Inc. Acquires Newly Converted Self Storage Facility in Garden Grove, Calif. March 22, 2017 | Strategic Storage Growth Trust, Inc. LADERA RANCH, Calif., March 22, 2017 /PRNewswire/—Strategic Storage Growth Trust, Inc., a public non-traded REIT sponsored by SmartStop Asset Management, LLC, announced today its purchase of a newly converted, 900-unit self storage…

InvenTrust Properties Corp. Announces Increase in Annual Distribution Rate March 21, 2017 | by James Sprow | Blue Vault InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today announced that its Board of Directors has approved an approximately three percent increase to InvenTrust’s annual distribution rate, from $0.0675 per share of common stock to $0.0695 per…

CEO and Chief Investment Officer of American Realty Capital New York City REIT Resign March 20, 2017 | by James Sprow | Blue Vault On March 10, 2017, Michael A. Happel resigned as the chief executive officer, president and secretary of American Realty Capital New York City REIT, Inc., effective as of the business day…

Strategic Storage Trust IV Offering Declared Effective March 20, 2017 | by James Sprow | Blue Vault Strategic Storage Trust IV, Inc. announced that its registration statement pertaining to an initial public offering of approximately $1.095 billion in shares of common stock was declared effective by the Securities and Exchange Commission on March 17, 2017. Strategic Storage…

Resource Real Estate Diversified Income Fund and Resource Credit Income Fund Celebrate Anniversaries March 13, 2017 04:30 PM Eastern Daylight Time | BusinessWire PHILADELPHIA--(BUSINESS WIRE)--Over the next several weeks, two interval funds sponsored by subsidiaries of Resource America, Inc. (“Resource”) will celebrate key milestones, reaching their fourth and second anniversaries, respectively. As the regulatory environment…