Nontraded REIT
Hines appoints Sherri W. Schugart to firm’s Executive Committee February 24, 2016

Hines appoints Sherri W. Schugart to firm’s Executive Committee

Property Magazine International | Sherri W. Schugart has been appointed to Hines Executive Committee, which functions as a board of directors. Schugart is the Senior Managing Director/CEO of the Core Fund, REIT & BDC Group and currently serves as the President and CEO of all three of Hines’ public real estate companies (Hines REIT, Hines Global REIT…
Steadfast Apartment REIT Buys Horseshoe Lake Apartments in Loveland February 23, 2016

Steadfast Apartment REIT Buys Horseshoe Lake Apartments in Loveland

POSTED ON FEBRUARY 22, 2016  | BY NELLIE DAY | Rebusiness Online LOVELAND, COLO. — Steadfast Apartment REIT has acquired the 222-unit Horseshoe Lake in Loveland for an undisclosed sum. It is located at 341 Knobcone Drive. The community is situated an hour north of Denver near Colorado State University. Terrance Hunt, Shane Ozment, Doug Andrews and Jeff…
KBS REIT Signs 15,600 SF in Office Leases in Metro Dallas February 23, 2016

KBS REIT Signs 15,600 SF in Office Leases in Metro Dallas

Monday, February 22, 2016 | by Texas Real Estate Business | Harvard Companies KBS Strategic Opportunity REIT, a non-traded real estate investment trust based in Newport Beach, Calif., has signed three leasing deals at its Richardson Office Portfolio totaling 15,688 square feet. Shea & McMurdie Financial and Stuart Gurnea are new tenants occupying the properties, and…
FBI investigating United Development Funding February 23, 2016

FBI investigating United Development Funding

FBI investigating United Development Funding BY ARLEEN JACOBIUS | FEBRUARY 18, 2016 6:57 PM | UPDATED 1:09 PM | Pensions & Investments Agents from the Dallas office of the FBI conducted “law enforcement activity” at the offices of United Development Funding, a real estate company that operates traded and non-traded real estate investment trusts that…
Carey Watermark Investors Acquires The Equinox, A Luxury Collection Golf Resort & Spa February 23, 2016

Carey Watermark Investors Acquires The Equinox, A Luxury Collection Golf Resort & Spa

NEW YORK, Feb. 18, 2016 /PRNewswire/ -- Carey Watermark Investors Incorporated (CWI 1) announced that it has acquired The Equinox Golf Resort & Spa, part of Starwood's The Luxury Collection brand. The expansive, historic resort is located on 1,300 acres between the Green and Taconic Mountains inManchester, Vermont, and includes 195 guestrooms, 18,500 square feet of…
Griffin-American Healthcare REIT IV Initial Public Offering Declared Effective by the U.S. Securities and Exchange Commission February 18, 2016

Griffin-American Healthcare REIT IV Initial Public Offering Declared Effective by the U.S. Securities and Exchange Commission

IRVINE, Calif. (Feb. 17, 2016) – Griffin-American Healthcare REIT IV, Inc. today announced that its registration statement pertaining to an initial public offering of approximately $3.15 billion in common stock was declared effective by the Securities and Exchange Commission on Feb. 16, 2016. Griffin-American Healthcare REIT IV intends to qualify as a real estate investment…
American Realty Capital Hospitality Trust Acquires Six Hotels from Summit Hotel Properties for $108.3 Million February 17, 2016

American Realty Capital Hospitality Trust Acquires Six Hotels from Summit Hotel Properties for $108.3 Million

NEW YORK, Feb. 16, 2016 /PRNewswire/ -- American Realty Capital Hospitality Trust, Inc. ("ARC Hospitality" or the "Company") announced today that it has completed its previously announced acquisition of six hotels totaling 707 rooms for a purchase price of$108.3 million from Summit Hotel Properties, Inc. (NYSE: INN) ("Summit"), a publicly-traded hotel real estate investment trust. The…
KBS Strategic Opportunity REIT Inks 15,600 SF in Leases at Texas Office Campus February 16, 2016

KBS Strategic Opportunity REIT Inks 15,600 SF in Leases at Texas Office Campus

Feb 15 2016 | Article by: The DI Wire KBS Strategic Opportunity REIT, a publicly registered non-traded real estate investment trust, inked three leasing deals totaling 15,688 square feet at its Richardson Office Portfolio in the Dallas suburb of Richardson, Texas. Shea & McMurdie Financial and Stuart Gurnea are new tenants occupying the properties and Treliant…

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