Apr 26 2016 | Article by DI Wire Phillips Edison Grocery Center REIT I, a publicly registered non-traded real estate investment trust, reported that CMG Partners made a tender offer to purchase 9.3 million shares of common stock from its investors for $5.25 per share. The offer expires June 6th. On the same day CMG…

$2.3 Billion REIT in Process of Hiring a Real Estate Investment Bank By Mark Heschmeyer | April 25, 2016 | CoStar Healthcare Trust Inc., a non-traded REIT, has initiated a strategic review of its options for maximizing shareholder value. Formerly operating as American Realty Capital Healthcare Trust II, the REIT focuses primarily on health care-related property,…

InvenTrust Properties Corp. Announces Acquisition of Stevenson Ranch Plaza in Los Angeles, California InvenTrust Expands Presence in Southern California with Top-Tier Retail Center InvenTrust Properties Corp. Announces Acquisition of Stevenson Ranch Plaza in Los Angeles, California (Photo: Business Wire) April 20, 2016 09:30 AM Eastern Daylight Time OAK BROOK, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or…

April 20, 2016 | by Adriana Pop | Commercial Property Executive In a $371 million deal, Strategic Storage Trust II has agreed to purchase a portfolio of 27 facilities totaling more than 1.5 million square feet in North Carolina, Florida and Maryland. Ladera Ranch, Calif.–Strategic Storage Trust II, a public, non-traded REIT which is sponsored bySmartStop…

Apr 19 2016 | by DI Wire KBS Real Estate Investment Trust III, a publicly registered non-traded REIT, signed three new leases totaling 20,671 square feet at Anchor Centre in Phoenix Arizona’s Camelback Corridor. Black & Veatch Corporation, a global engineering, consulting, construction and operations company signed a lease for 12,547 square feet, software company…

BURL ROLETT | APRIL 15, 2016 | Business Den After spending more than $200 million on deals in Colorado in 2015, a California-based REIT is gobbling up more real estate. Steadfast Apartment REIT bought the Fielder’s Creek apartment complex in South Denver last month for $32.4 million. The company liked it for its location close enough to…

- Expands portfolio in New York and adds new grocer to portfolio - April 14, 2016 03:13 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced the strategic acquisitions of three grocery-anchored shopping centers in Georgia, New York and Florida. The shopping centers, which collectively comprise 618,786 square…

Apr 14 2016 | DI Wire Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust, signed an agreement to sell a self storage facility and industrial warehouse/office space in San Antonio, Texas for $16.1 million. The San Antonio property consists of approximately 385 units and approximately 49,250 square feet of storage…

Merger Expected to Close During Third Quarter April 18, 2016 | By Randyl Drummer | CoStar Apple Hospitality REIT Inc. (NYSE:APLE) has agreed to acquire Apple REIT Ten Inc. for $1.3 billion in a merger creating one of the largest select-service hospitality REITs with a combined 234 hotels and 30,017 rooms across 33 states. Apple…