Inside the Vault

January 21, 2021

What is the total book value of all real estate assets owned by nontraded REITs?

Answer: Active nontraded REITs, excluding three REITs that are in the process of liquidating their portfolios, had real estate assets totaling...

January 20, 2021

How has the volatility of the daily NAV RREEF Property Trust Class I share’s net asset value over the last 12 months compare to the volatility of the FTSE All Equity REIT price index?

Answer: Over the last 12 months, the NAV of RREEF Property Trust's Class I shares has varied from a value that was down 3.99% to up 0.55%. Over the same time period...

January 14, 2021

Which investment manager has a private offering with a current portfolio consisting of 161 Pizza Hut restaurants and 68 Burger King restaurants?

Which investment manager has a private offering with a current portfolio consisting of 161 Pizza Hut restaurants and 68 Burger King restaurants? Answer: Triton Pacific Securities has a private offering under the Tasty Brands label that invests in quick-serve restaurants (QSRs) and has raised over $125 million as of December 22, 2020.

January 13, 2021

How did Bluerock Residential Growth REIT’s multifamily portfolio perform in Q4 2020?

Answer: The REIT collected 97% of rents in Q4 2020 and increased occupancy rates...

January 7, 2021

Which nontraded REIT raised $139 million in equity capital in Q3 2020, placing second among all nontraded REITs in capital raised during the quarter?

Answer: Starwood Real Estate Income Trust raised $139 million, including DRIP proceeds, from the issuance of common stock in...

January 6, 2021

Which nontraded REIT outbid CIM Real Estate Finance Trust to acquire Cole Office & Industrial REIT II (CCIT II) in a stock-for-stock transaction?

Answer: Griffin Capital Essential Asset REIT, Inc. will acquire Cole Office & Industrial REIT II (CCIT II) in a...

January 5, 2021

What were the YTD total returns (before sales loads) for Blackstone Real Estate Income Trust’s (“BREIT’s”) Class I and Class S shares through November 2020?

Answer: The total returns before sales loads for BREIT's Class I and Class S shares through November 2020 were...

December 16, 2020

Which fund filed an offer to purchase any and all shares of United Development Fund IV, Inc. ?

Answer: NexPoint Strategic Opportunities Fund (NYSE:NHF) (“NHF”) announced on December 14, 2020, the commencement of an offer to purchase any and all...

December 16, 2020

Which nontraded REIT raised $17.4 million in net proceeds from preferred stock issuances in the nine months ended September 30, 2020?

Answer: Cottonwood Communities, Inc. raised approximately $17.4 million from preferred stock issuances during the first nine months of 2020, as well as...