Inside the Vault

November 13, 2019

Based on Blue Vault’s definition of a full-cycle event, how many nontraded BDCs have gone full-cycle?

Answer: Two nontraded BDCs have gone full-cycle. FS Investment Corporation listed on the NYSE on April 16, 2014. Corporate Capital Trust listed...

November 7, 2019

Which closed nontraded REITs are covering their distributions YTD Q2 2019 with MFFO?

Answer:

November 6, 2019

How many different LifeStages™ has Blue Vault established to categorize nontraded REITs?

Answer: Blue Vault has established five different LifeStages™ to help categorize nontraded REITs. Within a nontraded REITs life, they have...

November 5, 2019

Which open nontraded REITs are covering their distributions YTD Q2 2019 with MFFO?

Answer:

October 23, 2019

What lending rate will replace LIBOR as the basis for variable rate debt contracts currently in the debt financing mix of many nontraded REITs?

Answer: LIBOR is a scandal-plagued benchmark that is used to set the price of trillions of dollars of loans and derivatives globally. A group of banks and regulators in 2017 settled on a replacement created by the Federal Reserve known as the...

October 16, 2019

How many nontraded REITs have had full-cycle events since December 31, 2017, providing common shareholders with full liquidity for their shares?

Answer: There have been 10 nontraded REITs that have completed full-cycle events since December 31, 2017. Three NorthStar NTRs...

October 9, 2019

Which NTR led the industry in property dispositions in the second quarter of 2019?

Answer: CNL Healthcare Properties led the NTR industry with 59 property dispositions for a total sale price of approximately $1,344 million.

October 2, 2019

Which two nontraded REITs recently approved a merger, creating a REIT with a portfolio of 116 healthcare properties and 29 data center properties?

Answer: Carter Validus Mission Critical REIT's shareholders approved a merger with Carter Validus Mission Critical REIT II, creating a REIT with 145 properties with approximately...

September 25, 2019

How many nontraded REIT programs were raising equity capital in 1995?

Answer: Blue Vault data shows four nontraded REITs raising capital in 1995. They were Cornerstone Realty Income, Inc., Corporate Property Associates 12, Inc....