Inside the Vault- Page 45 of 99

Inside the Vault

October 14, 2020

Of the 61 active nontraded REITs as of June 30, 2020, how many were paying distributions at 6% or greater as a percentage of the offering price?

Answer: Seven nontraded REITs were paying distributions at 6.0% or greater as a percentage of the...

October 12, 2020

Which five nontraded REITs reported higher net asset values (NAVs) in the Blue Vault’s Q2 2020 Nontraded REIT Review, up from their NAVs in the Q1 2020 report?

Answer: The five NTRs with higher NAVs were Rodin Income Trust, Inc., Starwood Real Estate Income Trust, Inc....

October 8, 2020

Which nontraded REIT’s board approved a distribution rate of 6.00% on Class A shares, based upon the offering price, for Q4 2020, on September 25, 2020?

Answer: On September 25, 2020, the board of SmartStop Self Storage REIT, Inc. authorized a daily distribution rate of approximately $0.00164 per day per share...

October 7, 2020

Of the 60 nontraded REITs in the Q2 2020 Blue Vault Nontraded REIT Review, how many reported lower net asset values per share from the Q1 2020 report?

Answer: Sixteen nontraded REITs reported lower NAVs in the Q2 2020 Blue Vault Nontraded REIT Review from...

October 6, 2020

Why are more renters choosing single family properties today over multifamily units?

Answer: According to NexPoint, single family homes offer more privacy and more space. Only 11% of apartments have three bedrooms, compared to...

September 30, 2020

What is the total asset size of the nontraded REIT industry and what percentage of industry assets is held by currently open nontraded REITs?

Answer: The nontraded REIT industry reported total assets of approximately $113.5 billion as of June 30, 2020, up from $111.5 billion as of...

September 30, 2020

How many nontraded REITs have merged or are planning to merge since 2018?

Answer: Currently there are 20 nontraded REITs that have merged or are planning to merge since 2018 and before the end of 2020. After these mergers there will...

September 29, 2020

Which nontraded REIT merger currently pending will result in a surviving nontraded REIT with an estimated $5.9 billion in assets under management?

Answer: The proposed merger of CIM Real Estate Finance Trust, Cole Office & Industrial REITs II and III, and Cole Credit Property Trust V will have...