Inside the Vault- Page 40 of 99

Inside the Vault

March 3, 2021

Of the nontraded REIT companies presenting at the Blue Vault Summit next week, which is the largest in terms of assets under management?

Answer: As of September 30, 2020, the latest reporting quarter, Blackstone Real Estate Income Trust reported total assets of...

February 18, 2021

Which interval fund recently paid its 32nd consecutive quarterly distribution at an annualized distribution rate of 5.25%?

Answer: Bluerock Total Income+ Real Estate Fund paid its 32nd consecutive quarterly distribution on December 14, 2020, at an...

February 17, 2021

Which advisor of a multifamily nontraded REIT program pays all selling commissions, dealer manager fees and offering expenses without reimbursement?

Answer: Cottonwood Communities, Inc. is a public, nontraded real estate investment trust ("REIT"). The advisor pays all selling commissions...

February 11, 2021

Which Private Fund Sponsor was founded in 1967 by four Chicago-area school teachers and has raised $1.748 billion over the last two years, leading all Private Fund Sponsors over that time period, according to Stanger Research?

Answer: Inland Real Estate Investment Corporation (Inland Investments) is a sponsor of real estate investment programs, and provides opportunities for individuals to...

February 10, 2021

Since reaching a low of $3.58 per share on April 3, 2020, what was the price per share of Bluerock Residential Growth REIT, Inc. (BRG) common stock on the first trading day of 2021?

Answer: Bluerock Residential Growth REIT, Inc. common stock closed at $12.08 per share on January 4, 2021, representing an increase of...

February 9, 2021

Where are the two multifamily properties owned by Cottonwood Communities, Inc., a nontraded REIT advised by Cottonwood Residential II, located?

Answer: Cottonwood West Palm, a 245-unit apartment complex, is located in West Palm Beach, FL. Cottonwood One Upland, a 262-unit apartment complex is...

February 4, 2021

What company located in Fargo, ND, acquires 80- to 400-room limited service, select service, full service and extended stay hotels with midscale to upper-midscale brands?

Answer: Legendary Acquisitions has purchased over 27 hotels and owns over 3,000 guest rooms, with six hotels in Texas. The brands include...

February 3, 2021

What does an SOC 2 Type II report signify?

Answer: An organization that has obtained a SOC 2 Type II report has shown that its system is designed to safeguard the confidential data of its customers...

February 2, 2021

Which publicly traded REIT is advised by NexPoint Real Estate Advisors, L.P., and invests in multifamily assets primarily in the Southeast U.S. and Texas?

Answer: NexPoint Residential Trust, Inc. (“NXRT”) is an externally advised, publicly traded, Real Estate Investment Trust (REIT). As of September 30, 2020...