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First Drips Of Liquidity Felt In Non-Traded REITs
So-called non-traded REITs (NTRs) represent a rapidly growing income producing niche among “alternative” investments. In its nascent history, the NTR industry has raised some $80 billion, largely from individual investors. This compares with $430 billion for the entire REIT industry, traded and non-traded.
Deadlines loom for sprinkler inspections at Cornwall Industrial Park
CORNWALL — Management at the Cornwall Industrial Park faces two deadlines for demonstrating that the sprinkler systems in what remains of the complex meet state inspection requirements.
Chapter 11 for building owner
The owner of two prominent office buildings near the RBC Center in West Raleigh has filed for Chapter 11 bankruptcy.
Griffin-American Healthcare REIT II Acquires Medical Office Buildings in Florida, Georgia and South Carolina
NEWPORT BEACH, Calif., Feb. 2, 2012 /PRNewswire/ -- Griffin-American Healthcare REIT II (formerly known as Grubb & Ellis Healthcare REIT II) announced today that it has acquired three medical office buildings ...
Commercial Property Transfers
Federal Home Loan Mortgage Corp. to Equity Trust Co., 740 S. 37th St., 40211, $18,000. Heritage Properties to Intrepid Commercial Properties, 204 E. Market St., 40202, $2,700,000. HSBC Mortgage Services Inc.
ARMOUR Residential REIT, Inc. Announces Public Offering of 22,000,000 Shares of Common Stock
VERO BEACH, Fla. -- ARMOUR Residential REIT, Inc. (NYSE Amex:ARR.WS) ("ARMOUR" or the "Company") announced today that it is commencing an underwritten public offering of 22,000,000 ...
Indonesia's commercial property market looks rosy
Positive news over the economy and political stability marked a bright 2011 for Indonesia. Domestic and private consumption remained intact while investment inflows stayed robust, according to a r