MVP REIT and MVP REIT II Propose Merger May 3, 2017 | by James Sprow | Blue Vault MVP REIT, Inc. ("MVP I") and MVP REIT II, Inc. ("MVP II") on May 1, jointly announced that, after reviewing strategic alternatives, a special committee of the board of directors of MVP I has accepted a non-binding…

Hospitality Investors Trust Completes $1.225 Billion Refinancing and Acquisition of Seven Hotels from Summit Hotel Properties for $66.8 Million May 1, 2017 | Hospitality Investors Trust, Inc NEW YORK, May 1, 2017 /PRNewswire/ -- Hospitality Investors Trust, Inc ("HIT REIT" or the "Company") announced today that it has successfully refinanced two loans and, simultaneously, completed…

These distributions will be paid in cash or reinvested in shares of the Company’s common stock for stockholders participating in the Company’s distribution reinvestment plan.

CION Announces New Share Structure May 2, 2017 | by Beth Glavosek | Blue Vault CION has announced a new “T share”-type structure for its offering, effective Monday, May 1, for its CION Investment Corporation (CIC) product. CIC is a credit-focused business development company that primarily invests in the debt of private and thinly-traded U.S.…

Cole Credit Property Trust IV Inc.'s Board Urges Stockholders to Reject Tender Offer May 2, 2017 | by James Sprow | Blue Vault Cole Credit Property Trust IV Inc.'s board of directors in a letter on April 24, recommended to its shareholders that they reject a mini-tender from Mackenzie Realty Capital to buy up to…

American Realty Capital Healthcare Trust III Suspends DRIP May 2, 2017 | by James Sprow | Blue Vault American Realty Capital Healthcare Trust III, Inc. notified participants in the Company’s distribution reinvestment plan (the “DRIP”), that, pursuant to the terms of the DRIP, the Company has temporarily suspended the DRIP, effective immediately. As a result,…

Lightstone REIT and Lightstone Value Plus REIT III Terminate Distribution Reinvestment Programs April 28, 2017 | by James Sprow | Blue Vault On April 21, 2017, the board of directors of Lightstone Real Estate Investment Trust Inc. terminated the Company’s distribution reinvestment program (“DRIP”) effective May 15, 2017. Previously, the Company’s stockholders had an option to…

Strategic Storage Growth Trust, Inc. Announces Estimated Per Share Value of $11.56 April 17, 2017 | by Strategic Storage Growth Trust, Inc. LADERA RANCH, Calif., April 17, 2017 /PRNewswire/ -- Strategic Storage Growth Trust, Inc. ("SSGT"), a public non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC, announced today that its board of directors has…

Inland Real Estate Income Trust Acquires Pentucket Shopping Center in Plaistow, N.H. April 20, 2017 | by HAISTEN WILLIS | Rebusinessonline PLAISTOW, N.H. — Inland Real Estate Income Trust has acquired the 199,335-square-foot Pentucket Shopping Center in Plaistow. The property is located one mile north of the Massachusetts state border and about 40 miles north of Boston. Mark…