{"id":8959,"date":"2016-09-12T19:55:23","date_gmt":"2016-09-12T23:55:23","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=inside-the-vault&#038;p=8959"},"modified":"2016-09-12T19:55:23","modified_gmt":"2016-09-12T23:55:23","slug":"20160912-2","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/20160912-2\/","title":{"rendered":"Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments?"},"content":{"rendered":"<h1>Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments?<\/h1>\n<h4><span style=\"color: #0060a5;\"><a href=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image.gif\" rel=\"attachment wp-att-1160\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-1160\" src=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image-300x294.gif\" alt=\"LifeStages_Image\" width=\"300\" height=\"294\" srcset=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image-300x294.gif 300w, https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image-50x50.gif 50w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>Answer: \u00a0Cole Credit Property Trust IV, Inc. (879 properties) and American Realty Capital New York City REIT, Inc. (five properties) respectively.<\/span><\/h4>\n<p><strong>Maturing<\/strong><\/p>\n<p class=\"p1\">A maturing nontraded REIT\u2019s acquisition and debt strategy is crucial. By this time, the REIT owns at least 30 properties, has been in existence for four to eight years, and has more than $500 million in assets under management. The REIT will start tweaking the composition of the portfolio by selling certain properties (dispositions) and targeting acquisitions that will enhance the portfolio.<\/p>\n<p class=\"p1\">Distribution coverage is generally 90% to 200% \u2014 much more palatable than in the earlier phases. Debt levels are a manageable 25% to 55%. Debt costs should be lower at this point, and the REIT will use a sophisticated blend of fixed and variable rate debt, secured and unsecured instruments, and senior debt and bonds. This debt structure should carry the REIT through the remainder of its life-cycle.<\/p>\n<p class=\"p1\"><a href=\"https:\/\/qa.bluevaultpartners.com\/insights\/the-lifestages-classification-system-using-meaningful-metrics-to-compare-nontraded-reits\/\">Learn more about the Blue Vault LifeStages\u2122<\/a><\/p>\n<div style=\"clear:both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments? Answer: \u00a0Cole Credit Property Trust IV, &hellip; <\/p>\n<p><a href=\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/\" class=\"read-more\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3006],"tags":[],"class_list":["post-8959","post","type-post","status-publish","format-standard","hentry","category-inside-the-vault"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments? - Blue Vault<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments? - Blue Vault\" \/>\n<meta property=\"og:description\" content=\"Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments? Answer: \u00a0Cole Credit Property Trust IV, &hellip; Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Blue Vault\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-12T23:55:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image-300x294.gif\" \/>\n<meta name=\"author\" content=\"laurie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"laurie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/\",\"name\":\"Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments? - Blue Vault\",\"isPartOf\":{\"@id\":\"https:\/\/bluevaultpartners.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image-300x294.gif\",\"datePublished\":\"2016-09-12T23:55:23+00:00\",\"dateModified\":\"2016-09-12T23:55:23+00:00\",\"author\":{\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/54380adcb84e045d0cbe58ca41da6049\"},\"breadcrumb\":{\"@id\":\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/#primaryimage\",\"url\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image.gif\",\"contentUrl\":\"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image.gif\",\"width\":320,\"height\":314},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/qa.bluevaultpartners.com\/20160912-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/qa.bluevaultpartners.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/bluevaultpartners.com\/#website\",\"url\":\"https:\/\/bluevaultpartners.com\/\",\"name\":\"Blue Vault Partners\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/bluevaultpartners.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/54380adcb84e045d0cbe58ca41da6049\",\"name\":\"laurie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/bluevaultpartners.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/162c8cb6a5963b7b146950293eab56c7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/162c8cb6a5963b7b146950293eab56c7?s=96&d=mm&r=g\",\"caption\":\"laurie\"},\"sameAs\":[\"https:\/\/qa.bluevaultpartners.com\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments? - Blue Vault","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/qa.bluevaultpartners.com\/20160912-2\/","og_locale":"en_US","og_type":"article","og_title":"Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments? - Blue Vault","og_description":"Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments? Answer: \u00a0Cole Credit Property Trust IV, &hellip; Read more","og_url":"https:\/\/qa.bluevaultpartners.com\/20160912-2\/","og_site_name":"Blue Vault","article_published_time":"2016-09-12T23:55:23+00:00","og_image":[{"url":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image-300x294.gif"}],"author":"laurie","twitter_card":"summary_large_image","twitter_misc":{"Written by":"laurie","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/qa.bluevaultpartners.com\/20160912-2\/","url":"https:\/\/qa.bluevaultpartners.com\/20160912-2\/","name":"Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments? - Blue Vault","isPartOf":{"@id":"https:\/\/bluevaultpartners.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/qa.bluevaultpartners.com\/20160912-2\/#primaryimage"},"image":{"@id":"https:\/\/qa.bluevaultpartners.com\/20160912-2\/#primaryimage"},"thumbnailUrl":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image-300x294.gif","datePublished":"2016-09-12T23:55:23+00:00","dateModified":"2016-09-12T23:55:23+00:00","author":{"@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/54380adcb84e045d0cbe58ca41da6049"},"breadcrumb":{"@id":"https:\/\/qa.bluevaultpartners.com\/20160912-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/qa.bluevaultpartners.com\/20160912-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/qa.bluevaultpartners.com\/20160912-2\/#primaryimage","url":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image.gif","contentUrl":"https:\/\/qa.bluevaultpartners.com\/wp-content\/uploads\/2015\/08\/LifeStages_Image.gif","width":320,"height":314},{"@type":"BreadcrumbList","@id":"https:\/\/qa.bluevaultpartners.com\/20160912-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/qa.bluevaultpartners.com\/"},{"@type":"ListItem","position":2,"name":"Among Maturing LifeStage nontraded REITs as of March 31, 2016, which REIT had the most properties and which REIT had the fewest property investments?"}]},{"@type":"WebSite","@id":"https:\/\/bluevaultpartners.com\/#website","url":"https:\/\/bluevaultpartners.com\/","name":"Blue Vault Partners","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bluevaultpartners.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/54380adcb84e045d0cbe58ca41da6049","name":"laurie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/bluevaultpartners.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/162c8cb6a5963b7b146950293eab56c7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/162c8cb6a5963b7b146950293eab56c7?s=96&d=mm&r=g","caption":"laurie"},"sameAs":["https:\/\/qa.bluevaultpartners.com"]}]}},"_links":{"self":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/8959"}],"collection":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/comments?post=8959"}],"version-history":[{"count":0,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/posts\/8959\/revisions"}],"wp:attachment":[{"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/media?parent=8959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/categories?post=8959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qa.bluevaultpartners.com\/wp-json\/wp\/v2\/tags?post=8959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}