David Lichtenstein’s Lightstone Group was riding high in early March after it opened the Moxy Hotel in Williamsburg, which...

The nontraded real estate investment trust industry is coming off a banner year in sales due in large part to investment powerhouses like Blackstone...

There is good news in the hotel asset class. According to STR, overall, US hotel occupancy advanced to 66.4% in the week ending...

On September 15, 2021, Lightstone Value Plus REIT IV, Inc. (the “Company”) filed Second Articles of Amendment to the Company’s Articles of Amendment...

On July 7, 2021, Lightstone Value Plus Real Estate Investment Trust V, Inc. (the “Company”), through LVP BH BayVue LLC (“LVP BH BayVue”), a subsidiary of Lightstone REIT V OP LP...

...it is quickly evident that the reporting by nontraded REITs on their success of collecting rents during the COVID-19 pandemic is spotty at best.

Blue Vault has recently updated the list of nontraded REITs that have suspended their public offerings and made distribution cuts or eliminated distributions due to the COVID-19 pandemic and related financial uncertainties. 

...nontraded REIT managers are contemplating or have already taken action to delay or discontinue distributions.

In this article, we analyze the added cost of borrowing that is represented by financing costs other than interest rates.