With over 90% of its offering period elapsed, which nontraded REIT program among open offerings had raised the highest percentage of its maximum offering at the latest report? Industrial Property Trust had raised $1.42 billion in its primary offering as of September 30, 2016, of the $1.5 billion authorized.   Industrial Property Trust in Blue…

Only one nontraded BDC has annualized operating expenses below 3%. CĪON Investment Corp. has an annualized operating expense ratio of 2.9%, which is the lowest in the industry.     CĪON Investment Corp is sponsored by CĪON Investment Group, learn more on our Sponsor Focus Page.     Sponsor Corner - An Article by CĪON How…

Which current nontraded REIT program recently eliminated acquisition, disposition and financing coordination fees? Inland Residential Properties Trust Inland Residential Property Trust is sponsored by Inland Real Estate Investment Corporation. Learn more by visiting Blue Vault's Inland Sponsor Focus page.   In the news... Inland Residential Properties Trust, Inc. Satisfies Escrow Requirements Inland Executive Says Multifamily Demand…

How do asset management fee rates based upon gross asset values present a potential conflict of interest for nontraded REIT sponsors? If asset management fees are calculated on the gross asset values of the REIT, the sponsor may have an incentive to use more debt to finance a portfolio than if the fee were based…

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Which current nontraded REIT offerings have asset management fees which combine an annual fixed component rate plus an incentive rate based on annual performance? RREEF Property Trust Dividend Capital Diversified Property Fund Jones Lang LaSalle Income Property Trust Blackstone Real Estate Income Trust. Learn more about nontraded REIT fees in Blue Vault's latest publication, "Nontraded…

Which nontraded REIT program’s board voted to suspend its cash distributions in April 2016 and pay distributions in stock at an annualized rate of 7.16% based upon its then DRIP price? Answer:  American Realty Capital Hospitality Trust , Inc.  Distributions for the quarter ended June 30, 2016 were paid in common stock in an amount…

The top three capital raising BDCs raised nearly $717 million of the $1.1 billion raised in the first half of 2016. a. FS Energy and Power Fund raised $332 million b. FS Investment Corporation III raised $201 million c. Corporate Capital Trust raised $184 million

Which closed nontraded REIT program had the highest distribution yield (8.25%) in the 2nd Quarter 2016 based upon its initial offering price? Answer: Realty Finance Trust, Inc. (formerly ARC Realty Finance Trust, Inc.)