FS Investments Announces Results of Tender Offers for Four BDCs January 12, 2017 | James Sprow | Blue Vault FS Investments (formerly known as Franklin Square) was founded in 2007 and currently reports $18.7 billion in assets under management. Included in its investment programs are five BDCs (Business Development Companies) that invest in the credit of…

Strategic Realty Trust, Inc. Acquires Silver Lake Retail Property in L.A January 12, 2017 | James Sprow | Blue Vault Strategic Realty Trust, Inc., through an indirect subsidiary, entered into a Purchase and Sale Agreement dated November 21, 2016 with Sunset Triangle Investors, LLC, a California limited liability company, to purchase a retail property located…

Hartman Short Term Income Properties XX, Inc. Announces Estimated NAV January 12, 2017 | James Sprow | Blue Vault   The Board of Directors of Hartman Short Term Income Properties XX, Inc. determined an estimated net asset value (“NAV”) per share of the Company’s common stock of $13.15 as of September 30, 2016. The Company…

Stanger Report Slams Proposed ARC—Retail Centers of America/American Finance Trust Merger January 11, 2017 | by James Sprow | Blue Vault In a Special Report released January 3, 2017, Robert A. Stanger & Co. presented a multi-faceted critique of the proposed merger of two nontraded REITs, ARC – Retail Centers of America (RCA) and American…

Capital Square 1031 Completes DST/1031 Exchange Offering of 220-Unit Multi-Family Community in San Antonio December 12, 2016 12:15 ET | Source: Capital Square 1031, LLC SAN ANTONIO, Dec. 12, 2016 (GLOBE NEWSWIRE) -- Capital Square 1031 announced today that its Delaware statutory trust offering, CS1031 Canopy Apartments, DST, comprised of The Canopy, a 220-unit multi-family…

Sierra Income Corporation Exceeds $900 Million in Total Equity Capital Raised January 10, 2017 11:58 AM Eastern Standard Time     NEW YORK--(BUSINESS WIRE)--Sierra Income Corporation (the “Company”), a non-traded business development company, today announced that it surpassed $900 million in total equity capital raised as of December 31, 2016. “This is a significant milestone,…

NorthStar/RXR New York Metro Real Estate Acquires Manhattan Office Building January 9, 2016 | by James Sprow | Blue Vault On December 29, 2016, NorthStar/RXR New York Metro Real Estate, Inc., a nontraded REIT, through a subsidiary of its operating partnership, completed a $2.5 million follow-on investment, including closing costs, in 1285 Avenue of the…

CION Investment Corporation Reduces Sales Load January 6, 2017 | by James Sprow | Blue Vault CION Investment Corporation (CIC) announced on January 3, 2017, a reduction in the sales load for their continuous public offering of common stock from 10% to 5% and a reduction in the dealer manager fee from 3% to 2%.…

“We are excited to partner with Sound Point, given their well-respected and proven track record in credit strategies over multiple economic and market cycles,” said Mitchell Sabshon