When calculating the average rate of return over the life of a nontraded REIT program, which group of investors have the higher average rate of return when a program has a full-liquidity event and an associated capital gain on its common shares? When there is a capital gain on a nontraded REIT’s common shares, those…

There are two nontraded BDCs that have a no-load share structure. Carey Credit Income Fund – I and Credit Suisse Park View BDC, Inc. both are no-load nontraded BDCs.   Learn more about these BDCs on their Sponsor Focus Pages: W.P. Carey - Carey Credit Income Fund – I Credit Suisse Asset Management (CSAM), LLC - Credit…

Why might the average selling commission percentage for a public offering of nontraded REIT shares be lower than the commission rate quoted for a $500,000 investment? Most programs offer a sliding scale of commission rates for larger purchases, resulting in a lower average selling commission rate for the offering.  

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…