Apr 05 2016 | by DI Wire Inland Real Estate Acquisitions, the purchasing arm for various Inland-sponsored programs including various Delaware statutory trust investments and non-traded real estate investment trusts, purchased two multifamily properties, Miramont Apartments and Pinecone Apartments, located in Fort Collins, Colorado. The purchase prices were not disclosed. “We are pleased to have…

Property to Serve as Centerpiece of Company’s Portfolio in Key Strategic Raleigh-Durham Market April 04, 2016 09:30 AM Eastern Daylight Time OAK BROOK, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or “the Company”) today announced that it has acquired Renaissance Center, a 96% leased, 363,176 square foot retail power center, located in Durham, North Carolina, for $129.2…

Apr 04 2016 | by DI Wire Strategic Storage Trust II Inc., a publicly registered non-traded real estate investment trust, signed multiple agreements to purchase a portfolio of 27 properties for approximately $371 million, plus closing costs and acquisition fees. The portfolio consists of 22 self storage facilities (10 in Florida, 11 in North Carolina…

Mar 31 2016 | by DI Wire Lightstone Value Plus Real Estate Investment Trust III, Inc., a publicly registered non-traded real estate investment trust, purchased a 92-room Courtyard by Marriott hotel in Warwick, Rhode Island for $12.4 million. The Courtyard - Warwick was built in 2003 and had substantial public area and guest room renovations…

March 31, 2016 01:06 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced the strategic acquisitions of a grocery-anchored shopping center in Ohio. The Company acquired the 67,280 square-foot Lakewood City Center in Lakewood, Ohio, a suburb approximately six miles west of Cleveland. The shopping center is located…

HOUSTON, March 31, 2016 /PRNewswire/ -- Moody National REIT I, Inc., ("REIT I") a publicly registered non-traded real estate investment trust, has announced that, on March 24, 2016, its board of directors determined the estimated value per share of the Company's stock was $10.75 per share as of December 31, 2015. This estimated value per…

March 25, 2016 | by Barbra Murray | Commercial Property Executive American Realty Capital NYC REIT will pay $180 million to acquire the Manhattan office asset from an affiliate of The Blackstone Group. New York—Slowly but surely, American Realty Capital New York City REIT Inc.’s portfolio is getting bigger and bigger. The public non-traded REIT will add…

March 29, 2016 03:55 PM Eastern Daylight Time IRVINE, Calif.--(BUSINESS WIRE)--Steadfast Apartment REIT, Inc. (STAR) announced today the determination of an estimated value per share of the company’s common stock of $14.46 as of December 31, 2015. The estimated value per share was determined by STAR’s board of directors after independent, third-party firms conducted property-level…

March 28, 2016 11:24 AM Eastern Daylight Time TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT II, Inc. (“CVMC REIT II”) announced the acquisition of data center properties totaling approximately $24.2 million in aggregate purchase price. CVMC REIT II acquired the Alpharetta Data Center III property (“ADC III”) on February 2, 2016 for approximately $15,750,000. ADC…