Inside the Vault

June 8, 2021

Which closed-end fund managed by NexPoint Advisors is in the process of converting to a diversified REIT?

Answer: NexPoint Strategic Opportunities Fund (NYSE: NHF); On March 31, 2021, the Company filed an application with the Securities and Exchange Commission (the “SEC”) for an order under...

June 3, 2021

Which financial technology platform that is driving access and efficiency in alternative investing was recognized by Forbes on its 2021 America’s Best Startup Employers list on April 5, 2021?

Answer: iCapital ranked 181 on the second annual list of the 500 companies leading dynamic workforces...

June 2, 2021

How does Legendary Capital utilize an UPREIT to provide liquidity to investors?

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

June 1, 2021

What percentage of ExchangeRight’s active offerings are meeting or exceeding investor cash flow distribution projections?

Answer: 100%

May 27, 2021

What is the average DST investment according to DST sponsor Inland American Real Estate Group?

Answer: Blue Rock Residential Growth REIT reported the increase in earnings per share and also had April Portfolio Lease Rate Growth of 7.7% and...

May 26, 2021

How many land acquisitions had Griffin Capital company made in Qualified Opportunity Zones as of April 14, 2021, and how many multifamily properties in various stages of acquisition and development did it have in Qualified Opportunity Zones?

Answer: Griffin Capital Company has closed 10 land acquisitions in Qualified Opportunity Zones as of April 14, 2021, and had...

May 25, 2021

Which founder of one of the nation’s largest commercial real estate and finance groups graduated from Chicago-area schools and taught for five years in Chicago Public Schools?

Answer: Daniel L. Goodwin is Chairman and CEO of The Inland Real Estate Group of Companies, Inc. Inland has owned and managed hundreds of millions of square feet of commercial property in all...

May 19, 2021

Which residential REIT recently announced first quarter 2021 net income attributable to common stockholders of $1.00 per share after a net loss attributable to stockholders of ($0.70) for the year 2020?

Answer: Bluerock Residential Growth REIT reported the increase in earnings per share and also had April Portfolio Lease Rate Growth of 7.7% and...

May 19, 2021

Which four companies, including a nontraded REIT, completed a merger on May 7, 2021?

Answer: Cottonwood Communities, Inc. merged with Cottonwood Multifamily REIT I, Inc., Cottonwood Multifamily REIT II, Inc., and Cottonwood Residential II, Inc...