PAC Grabs Hines REIT’s Last Retail Property October 20, 2016 | by Barbra Murray | Commercial Property Executive The 403,000-square-foot shopping center in Houston traded for $52 million. Houston—Preferred Apartment Communities Inc.’s acquisition of the last remaining retail asset of Hines REIT, which is in the process of dissolving, has reached completion with the purchase of…

American Finance Trust, Inc. Announces Expiration Of "Go Shop" Period NEWS PROVIDED BY American Finance Trust, Inc. Oct 24, 2016, 06:00 ET NEW YORK, Oct. 24, 2016 /PRNewswire/ -- American Finance Trust, Inc. (the "Company") today announced the expiration of the 45-day "go shop" period set forth in the previously announced merger agreement entered into on…

Different Types of Fees and How They Impact Shareholders October 20, 2016 | by Beth Glavosek | Blue Vault The following descriptions and definitions can help both financial advisors and investors alike to understand the various fees that impact shareholders in nontraded REITs, from the initial public offering of common shares until the full-liquidity event.…

Griffin-American Healthcare REIT IV Acquires Iron Medical Office Building Portfolio in Alabama Tuesday, October 18, 2016 4:22 PM UTC | EconoTimes BIRMINGHAM, Ala., Oct. 18, 2016 -- American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Iron Medical Office Building Portfolio, comprised…

Newmark Grubb Parent Launching Non-Traded REIT into Evolving Market Cantor Fitzgerald’s Rodin Global Property Trust to Focus on Single-Tenant, Net Leased October 19, 2016 | By Mark Heschmeyer | CoStar While the non-traded REIT sector has been struggling of late, the parent of Newmark Grubb Knight Frank is jumping into the turbulent business by sponsoring…

Industrial Property Trust Inc. Announces Third Quarter 2016 Acquisition Activity October 14, 2016 14:57 ET | Source: Industrial Property Trust DENVER, Oct. 14, 2016 (GLOBE NEWSWIRE) -- Industrial Property Trust Inc. (“IPT”), an industrial real estate investment trust that owns and operates distribution warehouses throughout the United States, announced today that, during the third quarter…

Phillips Edison Grocery Center REIT I, Inc. Acquires Two Grocery-Anchored Shopping Centers October 13, 2016 09:17 AM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT I, Inc. (the “Company”) today announced the strategic acquisition of two grocery-anchored shopping centers, expanding the Company’s portfolio in Florida and Illinois. Harbour Village is a 113,004 square foot…

The Dog That Didn’t Bark at SmartStop October 19, 2016 | by James Sprow | Blue Vault Sherlock Holmes, in one of his more famous cases, called attention to the fact that a watchdog hadn’t barked in the night, indicating the “intruder” was known to the dog. Sometimes it is something that is not there…

Carter Validus Mission Critical REIT II, Inc. Acquires AT&T Data Center Property for $79.5 Million October 18, 2016 12:38 PM Eastern Daylight Time TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) announced its acquisition of the 288,000-square-foot building housing the AT&T Hawthorne Data Center for approximately $79.5 million. Property Highlights One-story,…