Inside the Vault- Page 60 of 99

Inside the Vault

July 18, 2018

Of the Interval Funds covered by Blue Vault, which fund reported the highest six-month return for the period ending March 31, 2018?

Answer: Total Income+ Real Estate Fund reported total six-month returns of 4.14% (Class A), 3.75% (Class C), 4.20% (Class I) and 3.83% (Class L), outpacing the remaining Interval Funds covered by Blue Vault.

July 9, 2018

Which Interval Fund covered by Blue Vault has 100% of its portfolio invested in a single asset type?

Answer: Vertical Capital Income Fund invests 100% in residential mortgages. The fund has raised net proceeds of $133.2 million through March 31, 2018.

July 5, 2018

Which three nontraded REITs have the most total assets?

Answer: As of March 31, 2018, among all nontraded REITs, Blackstone Real Estate Income Trust, Inc. had the most total assets at $6.95 billion. Next was Cole Credit Property Trust IV, Inc. at $4.70 billion in total assets. Ranking third in total assets among nontraded REITs was Corporate Property Associates 17 - Global Incorporated at $4.59 billion.

June 27, 2018

How many visitors did Blue Vault’s website have in May 2018?

BlueVaultPartners.com had 5,909 visitors in May 2018. They viewed 17,090 pages on the website.

June 20, 2018

What was the total nontraded REIT distributions payout in Q1 2018?

Answer: Total distributions paid by 56 nontraded REITs in Q1 2018 was $1.307 billion. Of that total, Carter Validus Mission Critical REIT paid $588.4 million via special liquidating distributions. Excluding Carter Validus Mission Critical REIT from total distributions paid by 55 nontraded REITs in Q1 2018 results in a total of $720.6 million compared to…

June 13, 2018

How much money was reinvested in nontraded REITs during Q1 2018?

Total distributions reinvested for 47 REITs reporting DRIP proceeds in Q1 2018 was $332.7 million. This compares to total distributions reinvested for 48 REITs reporting DRIP proceeds in Q1 2017 of $334.7 million.

June 12, 2018

Which nontraded REIT repurchased the most common shares during Q1 2018?

KBS Real Estate Investment Trust III, Inc. repurchased more of its common shares than any other NTR in Q1 2018. The REIT repurchased 5,151,510 shares in the quarter ended March 31, 2018. Next was Carter Validus Mission Critical REIT, Inc. which repurchased 4,447,367 shares for the quarter. Hines Global REIT, Inc. repurchased 3,658,316 shares.

June 7, 2018

What percentage of nontraded REIT debt will mature during 2018?

Debt maturing during the fiscal year 2018 was 9.8% of the total debt for nontraded REITs reporting as of March 31, 2018. Debt maturing during the fiscal year 2017 was 11.2% of the total debt for nontraded REITs reporting as of the year-earlier March 31, 2017.

June 5, 2018

What portion of nontraded REIT total debt is at fixed rates?

For 60 nontraded REITs reporting total debt at March 31, 2018, the portion of total debt that was at fixed rates, including debt that was hedged utilizing interest rate swaps, was 62.2%. For the year-earlier quarter ended March 31, 2017, 62 nontraded REITs reported 60.5% of all debt as having fixed rates.