DOJ’s Private Prison Phase-Out a Challenge for Prison REITs October 5, 2016 | by Reed Valutas | Commercial Property Executive By Reed Valutas, Associate Analyst, Commercial Real Estate Finance, Moody's Investors Service: The DOJ and DHS plans to stop using privately owned prisons create substantial uncertainty for prison REITs. Recent announcements by the U.S. Department…

CPA:17-Global Pays $14 Million for First Solar's 392,000-SF Facility in Suburban Toledo InSite Real Estate Sells Critical Facility in Perrysburg October 6, 2016 | By Neal Carr | CoStar CPA®:17-Global, a non-traded real estate investment trust and affiliate of New York City-based W.P. Carey (NYSE: WPC), struck a deal with Insite Real Estate to acquire…

What’s Up (or Down) with Fees? October 12, 2016 | by Beth Glavosek | Blue Vault The introduction of Class T shares has had an interesting impact on the nontraded REIT industry from a sales perspective and distribution yield perspective. As we’ve discussed previously, the T share was introduced in response to investor concerns about…

Industrial Real Estate Sector Enjoying Strong Year 9/1/2016 | By Allen Kenney In the latest episode of The REIT Report: NAREIT's Weekly Podcast, Jack Rosenberg, national director of logistics and transportation with Colliers, discussed some of the latest trends and developments in industrial real estate. Colliers’ annual report on industrial real estate transactions in North America called…

Griffin-American Healthcare REIT III Announces Estimated Per Share Value of $9.01 Friday, October 7, 2016 4:25 PM UTC | EconoTimes Business IRVINE, Calif., Oct. 07, 2016 -- Griffin-American Healthcare REIT III, Inc., announced today that its board of directors has approved an estimated per share net asset value (“NAV”) of its common stock of $9.01 as…

MVP REIT and MVP REIT II Close $30 Million Credit Facility with KeyBank National Association SAN DIEGO (Oct. 5, 2016) – MVP REIT, Inc. and MVP REIT II, Inc. (the “REITs”), both publicly registered non-traded real estate investment trusts, entered into a credit agreement with KeyBank National Association for a $30 million revolving credit facility…

RREEF Property Trust Continues Portfolio Expansion with Acquisition of Boston-Area Medical Office Building October 3, 2016 NEW YORK--(BUSINESS WIRE)-- RREEF Property Trust, Inc. (ZRPTAX, ZRPTIX, ZRPTTX) today announced the acquisition of 40 Allied Drive in Dedham, MA, a fully-leased Class-A, 64,127 rentable-square-foot medical office building outside of Boston, Massachusetts. The acquisition continues RREEF Property Trust’s…

SOURCE: Strategic Storage Trust II, Inc. September 30, 2016 17:44 ET Strategic Storage Trust II, Inc. (SST II) Announces Closing Date of Primary Offering LADERA RANCH, CA--(Marketwired - Sep 30, 2016) - Strategic Storage Trust II, Inc. (SST II) -- which is sponsored by SmartStop Asset Management, LLC -- recently announced the close of its…

JLL Income Property Trust Closes $150 Million Credit Facility With Bank of America September 23, 2016 CHICAGO, IL--(Marketwired - Sep 23, 2016) - JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT ( NASDAQ : ZIPTAX ) ( NASDAQ: ZIPTMX ) ( NASDAQ : ZIPIAX ) ( NASDAQ : ZIPIMX ), today…