- 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…

Volatile markets have prompted rush of investors to exit nontraded business development companies Updated April 10, 2016 7:51 p.m. ET | By KIRSTEN GRIND and JEAN EAGLESHAM | WSJ It was never easy for investors to get their money out of funds called nontraded BDCs, but it is getting even harder now. Business Development Corporation…

4/6/2016 3:49 PM | Business Wire via the Daily Herald OAK BROOK -- InvenTrust Properties Corp. has acquired Shops at the Galleria, a 99 percent occupied, 537,685 square foot retail center in Bee Cave, Texas. Michael E. Podboy, InvenTrust executive vice president -- chief financial officer, chief investment officer, said the center is located in…

April 7, 2016 | Inside Self Storage Strategic Storage Trust II Inc. (SST II), a public, non-traded, self-storage real estate investment trust (REIT) sponsored by SmartStop Asset Management LLC, has agreed to acquire a 27-property portfolio from Mindful Storage for approximately $371 million, based on a March 25 filing with the Securities and Exchange Commission.…

April 07, 2016 04:26 PM Eastern Daylight Time | Business Wire OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Income Trust, Inc. (“Inland Income Trust” or “the Company”), a publicly registered, non-traded real estate investment trust, announced today that its board of directors approved an estimated per share net asset value (“NAV”) of $9.02 per share of…

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…