Everest Completes Unsolicited Tender Offer for Shares of CNL Healthcare

Everest REIT Investors I LLC and Everest REIT Investors III LLC, two privately-held real estate investment companies, have completed their unsolicited tender offer for shares of CNL Healthcare Properties Inc., a publicly registered non-traded real estate investment trust. In July, Everest offered to purchase up to 8.8 million shares of CNL Healthcare common stock for […]

Hines Global to Sell 10 European Logistics Properties to Blackstone Affiliate for $526.9 Million

Hines Global REIT Inc., a publicly registered non-traded real estate investment trust, has agreed to sell 10 logistics properties located in Germany and Poland to affiliates of the Blackstone Group (NYSE: BX) for approximately $526.9 million (€450.0 million), excluding closing costs. REIT shareholders approved the company’s plan of liquidation and dissolution earlier this month. The […]

Everest REIT Investors Launches Tender Offer for CNL Healthcare Shares

Everest REIT Investors I LLC and Everest REIT Investors III LLC, two private real estate investment firms, have launched an unsolicited tender offer to purchase nearly 8.8 million shares of CNL Healthcare Properties Inc. common stock for $7.50 each. Unless amended, the offer will expire at 9:00 pm PST on August 31, 2018. CNL Healthcare […]

Hines Global REIT Proceeds With Liquidation, Puts 7 Properties On The Block Separately

Hines Global REIT is taking seven of its U.S. office properties to market separately, with Eastdil Secured overseeing the sales. Three of the properties are in Massachusetts, two are in California, and one each is in Washington, D.C., and Minnesota. The office buildings total about 2.2M SF all together. Courtesy of Hines Global REIT The Campus […]

American Finance Trust recently announced planned stock listing for July 2018

American Finance Trust, Inc. (AFIN) has announced the Company’s planned July 2018 listing of its common stock on the NASDAQ under the ticker symbol AFIN. On June 29, 2018, American Finance Trust, Inc.  announced that its board of directors has approved a plan to list the Company’s common stock on the Nasdaq Global Select Market […]

Carter Validus Mission Critical REIT Sells Two Data Centers for $85 Million

Carter Validus Mission Critical REIT Inc., a publicly registered non-traded real estate investment trust, recently sold two data center properties for $85 million. On June 11, 2018, the REIT sold the Milwaukee Data Center to Landmark Infrastructure Operating Company LLC for $21 million. The facility, located in Hartland, Wisconsin, approximately 30 miles from Milwaukee, is […]

Investors embrace multifamily as demographic trends shift

The multifamily housing sector is attracting real estate investors that wouldn’t have looked at it previously. Foreign investors, along with core, core-plus and open-end real estate funds, are moving into multifamily investments because of demographic trends. Young and older Americans are preferring to rent apartments rather than buy homes. While single-family home ownership recently has […]

Griffin-American Healthcare REIT III Increases First Quarter FFO by Nearly 20%

Griffin-American Healthcare REIT III Inc., a publicly registered non-traded real estate investment trust co-sponsored by American Healthcare Investors and Griffin Capital Company, reported its operating results for the first quarter ended March 31, 2018. Griffin-American Healthcare REIT III Inc., a publicly registered non-traded real estate investment trust co-sponsored by American Healthcare Investors and Griffin Capital […]

One-Time Emerging Apartment Markets Are Becoming Emerging Office Markets

The migration of renters and employees has begun affecting office tenants, causing many employers to relocate to suburban markets as well. As multifamily rents in core markets have continued to climb, investors, office tenants and residents alike have turned their attention to secondary markets. According to JLL’s Investment Outlook report, secondary markets accounted for 50 percent of […]

The Growing Demand for Class B Multifamily and What It Means for Investors

The qualities of class B multifamily units – clean, modern, yet affordable – are highly coveted by any renter in America. Now, baby boomers, millennials, and immigrants are set to compete for a product that is dwindling in supply. With developers focused on their more expensive class A counterparts, can the market keep pace with […]