Inside the Vault

August 31, 2021

Which nontraded REIT has hedged its Israel Shekel liabilities using a foreign currency collar that hedges against a change in the exchange rate of the Israeli new Shekel versus the U.S. Dollar?

Answer: Pacific Oak Strategic Opportunity REIT, Inc. As of June 30, 2021, the REIT had bonds outstanding and the related interest payable in the amounts of...

August 26, 2021

Which nontraded REIT saw its net asset value per share increase from $10.83 as of May 7, 2021, to $12.54 as of July 31, 2021?

Answer: Cottonwood Communities, Inc., a nontraded REIT that invests in multifamily properties....

August 25, 2021

How does an UPREIT function and what benefits does it provide?

Answer: In a 721 UPREIT (Umbrella Partnership REIT) transaction, property is contributed to a REIT’s operating partnership (OP) in exchange for a...

August 24, 2021

Name three listed REITs that are issuing non-traded preferred stock?

Answer: CIM Commercial Trust Corporation, Blue Rock Residential Growth REIT, Inc., and...

August 19, 2021

Which nontraded REIT recently merged with two other REITs to form a portfolio with 33 multifamily apartment communities?

Answer: Cottonwood Communities completed mergers with Cottonwood Multifamily REIT I and Cottonwood Multifamily REIT II on...

August 18, 2021

How many different offerings are currently included in Blue Vault’s recently released Private Placement database?

Answer: There are currently 284 different private placement offerings included in Blue Vault’s Private Placement database...

August 17, 2021

Which investment manager invests in cell towers, wireless easements, fiber optic networks, small cells and distributed antenna systems?

Strategic Capital Fund Management has Strategic Wireless Infrastructure Management , LLC, an investment manager and strategic capital partner focused...

August 12, 2021

Which sponsor of a Reg. D offering specializing in hospitality investments voluntarily files financial reports for the offering with the SEC?

Answer: Legendary Capital's LF-REIT III is the only SEC voluntary Reg D public filer in Broker/Dealer syndication...

August 12, 2021

Which interval fund recently generated its highest quarterly return since its inception?

Griffin Institutional Access Real Estate Fund (Class I) delivered a 5.10% total return for the second quarter of 2021, its highest quarterly return since...