InvenTrust Properties Corp. Announces Increase in Annual Distribution Rate March 21, 2017 | by James Sprow | Blue Vault InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today announced that its Board of Directors has approved an approximately three percent increase to InvenTrust’s annual distribution rate, from $0.0675 per share of common stock to $0.0695 per…

CEO and Chief Investment Officer of American Realty Capital New York City REIT Resign March 20, 2017 | by James Sprow | Blue Vault On March 10, 2017, Michael A. Happel resigned as the chief executive officer, president and secretary of American Realty Capital New York City REIT, Inc., effective as of the business day…

Strategic Storage Trust IV Offering Declared Effective March 20, 2017 | by James Sprow | Blue Vault Strategic Storage Trust IV, Inc. announced that its registration statement pertaining to an initial public offering of approximately $1.095 billion in shares of common stock was declared effective by the Securities and Exchange Commission on March 17, 2017. Strategic Storage…

Stanger’s Editorial on the Moody National REITs I & II Merger and Moody’s Reply March 16, 2017 | by James Sprow | Blue Vault On March 10, Robert A. Stanger & Co. published a Special Report that harshly criticized the proposed merger of nontraded REITs Moody National REITs I and II. Among the many criticisms,…

Specialty REITs Eating More of the Pie A new wave of specialty REITs is outpacing the slowing growth of the larger sectors. March 3, 2017 | by David Dent | Commercial Property Executive The REIT market has traditionally focused growth on the major commercial property types, which have performed especially well during the long recovery…

Healthcare Trust Reduces Distribution Rate March 10, 2017 | by James Sprow | Blue Vault On March 3, 2017, the board of directors of Healthcare Trust, Inc., a nontraded REIT sponsored by AR Global, authorized a decrease in the rate at which the Company pays monthly distributions to holders of the Company’s common stock, effective…

REITs Move Higher in February March 6, 2017 | by Sarah Borchersen-Keto | Blue Vault Market watchers said fundamentals for the REIT industry remain healthy, as REIT returns tracked the broader market in February. The FTSE/NAREIT All REIT Index had a total return of 4.2 percent in February, slightly above the S&P 500 index’s return of…

Hines REIT Files Articles of Dissolution Related to Liquidation of Portfolio March 9, 2017 | by James Sprow | Blue Vault  On March 7, 2017, Hines Real Estate Investment Trust, Inc. filed its Articles of Dissolution with the State Department of Assessments and Taxation of Maryland pursuant to a plan of complete liquidation and dissolution…

Sentio Healthcare Properties Urges Shareholders to Reject Third-Party Tender Offer March 7, 2017 | by James Sprow | Blue Vault  In a press release dated March 6, the CEO of Sentio Healthcare Properties urged its shareholders to reject a tender offer by MacKenzie Realty Capital, Inc. offering to pay $7.25 per share for the common…