Apple REIT Ten Investor Sues to Block Merger August 1, 2016 | by DI Wire A shareholder of Apple REIT Ten Inc., a publicly registered non-traded real estate investment trust, has filed a complaint in the United States District Court for the Eastern District of Virginia alleging that the company, its board of…

    Strategic Storage Growth Trust Breaks Escrow in PA July 29, 2016 | by Beth Glavosek | Blue Vault Strategic Storage Growth Trust Inc. (SSGT), a public, non-traded real estate investment trust has announced that it has raised more than $50 million from investors, thereby breaking escrow for the state of Pennsylvania. The REIT…

    Schorsch's AR Global to sell BDC adviser to Benefit Street Partners While terms were not released, the price tag could be as much as $70 million Jul 26, 2016 @ 3:17 pm | By Bruce Kelly | Investment News AR Global, the alternative investment sponsor controlled by Nicholas Schorsch, said on Monday it…

    KBS REIT Sells Office Building in Charlotte for $30.5M Posted on July 26, 2016 by John Nelson | Rebusiness Online KBS Real Estate Investment Trust Inc. (KBS REIT) has sold Gateway Center, a 10-story, 310,745-square-foot office building located at 901 W. Trade St. in Charlotte’s central business district. An undisclosed buyer purchased the…

    Phillips Edison Grocery Center REIT II, Inc. Enters into Fixed Interest Rate Swap Agreements on $243 Million of Debt July 25, 2016 12:24 PM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced that on July 7, 2016, it entered into interest rate swap agreements to fix…

      Industrial Property Trust Preps $600 Million Follow-on Offering July 25, 2016 | by DI Wire Industrial Property Trust Inc., a publicly registered non-traded real estate investment trust, has filed an S-11 with the Securities and Exchange Commission for a proposed $600 million follow-on offering to meet its capital raising goals. IPT said…

    Lofts at Highlands in St. Louis part of apartment portfolio for sale Jul 21, 2016 | St Louis Dispatch The California-based real estate investment trust that bought a St. Louis apartment complex in 2014 has it on the market as part of an 11-property portfolio. For sale along with 10 other developments is…

    Carter Validus Adds Key Acquisitions to Mission Critical REIT II July 26, 2016 | by Beth Glavosek | Blue Vault Carter Validus Mission Critical REIT II, Inc. (CVMC REIT II) announced this week that it has acquired several health care and technology-related properties, representing more than $56 million in investment. Consistent with the…

    Why downtown San Jose shoppers lost this validated parking 07/20/2016 | By Scott Herhold, sherhold@bayareanewsgroup.com | The Mercury News For several years now, Margie Bennett, a teacher who lives in the Naglee Park neighborhood of San Jose, has enjoyed shopping at the downtown Safeway, a midsized store on the ground floor of a high-rise at…