Hartman vREIT XXI Declared Effective by SEC Hartman vREIT XXI, Inc. (“vREIT XXI”) is proud to announce that its initial public offering of approximately $250,000,000 in common shares was declared effective by the Securities and Exchange Commission on June 24, 2016. HOUSTON, TX (PRWEB) JULY 06, 2016 vREIT XXI is a publicly…

    Resource Real Estate Pays $71Mln for Irving, Texas, Apartments Tuesday, July 5th, 2016 | Commercial Real Estate Direct Staff Report Resource Real Estate Opportunity REIT II Inc. has paid $71 million, or $149,160/unit, for Santa Rosa at Las Colinas, a 476-unit apartment property in the Dallas suburb of Irving, Texas. The REIT, whose shares…

    InvenTrust Closes UHC Student Housing Portfolio Sale JULY 1, 2016 | BY ERIKA MORPHY | GlobeSt.com BETHESDA, MD--Walker & Dunlop financed part of the acquisition with a very flexible $672-million Fannie Mae credit facility. [caption id="" align="alignnone" width="616"] InvenTrust CEO Thomas McGuinness. Photo courtesy REIT.com.[/caption] At the start of the year, Oak Brook, IL-based…

  JLL Income Property Trust Buys Two Properties for $186.3 Million JLL Income Property Trust (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), a non-listed, daily valued perpetual life real estate investment trust, purchased two properties totaling $186.3 million at the end of June. On June 28th, the company acquired Pioneer Tower in downtown Portland, Oregon for approximately…

    Hines REIT To Dissolve; In $1.2B Blackstone Deal JULY 1, 2016 | BY PAUL BUBNY  | GlobeSt.com HOUSTON—In separate transactions, the REIT has entered agreements over the past few weeks to sell seven West Coast office properties, eight shopping centers and office towers in Chicago and Dallas. Hines Real Estate Investment Trust Inc.…

    New nontraded REIT sponsors, aiming to tap retail capital, could upend competitors Thursday, 30 June 2016 9:44 AM ET | By  Jake Mooney | SNL Multiple large asset managers are considering a move into the nontraded REIT business, and their arrival could put pressure on existing sponsors to offer new products and adjust their business…

    Phillips Edison Acquires 218,598 SF Grocery-Anchored Shopping Center in Murphy, Texas POSTED ON JUNE 30, 2016 BY CHRISTINA CANNON | Rebusiness Online Sprouts anchors Murphy Marketplace, located in the Dallas suburb of Murphy. (Photo courtesy of LoopNet Inc.) Article Located Here

    Franklin Square Upsizes Commitment to Greystone $50 million commitment expands Greystone's short-term lending platform Jun 30, 2016, 08:00 ET from Franklin Square Capital Partners PHILADELPHIA, June 30, 2016 /PRNewswire/ -- Franklin Square Capital Partners (Franklin Square), the largest manager of business development companies (BDCs), announced a $50 million upsizing of its senior secured loan…

    Amazon warehouse in Ruskin fetches massive sales price Jun 23, 2016, 2:26pm EDT Updated Jun 29, 2016, 3:43pm EDT | Tampa Bay Business Journal Amazon.com Inc.'s massive fulfillment center in Ruskin has been sold for a massive price tag. The million-square-foot warehouse sold to Cole Office & Industrial REIT II, a Phoenix-based real…