{"id":1004102861,"date":"2014-09-01T05:53:24","date_gmt":"2014-09-01T13:53:24","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004102861"},"modified":"2022-12-09T00:29:07","modified_gmt":"2022-12-09T08:29:07","slug":"september-issue-prime-time-players","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/september-issue-prime-time-players\/","title":{"rendered":"SEPTEMBER ISSUE: Non-Listed REITs"},"content":{"rendered":"<div id=\"attachment_100410\" style=\"width: 317px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/08\/Metropolitan_RIET_480x270.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-100410\" data-attachment-id=\"1004102923\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/september-issue-prime-time-players\/metropolitan_riet_480x270\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/08\/Metropolitan_RIET_480x270.jpg\" data-orig-size=\"480,270\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Metropolitan_RIET_480x270\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/08\/Metropolitan_RIET_480x270.jpg?w=480\" class=\" wp-image-1004102923 \" alt=\"Metropolitan_RIET_480x270\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/08\/Metropolitan_RIET_480x270.jpg\" width=\"307\" height=\"173\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/08\/Metropolitan_RIET_480x270.jpg 480w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/08\/Metropolitan_RIET_480x270.jpg?resize=300,169 300w\" sizes=\"auto, (max-width: 307px) 100vw, 307px\" \/><\/a><p id=\"caption-attachment-100410\" class=\"wp-caption-text\">KBS REIT II\u2019s $108.7 million sale of Metropolitan Center in East Rutherford, N.J.<\/p><\/div>\n<p>As fall approaches, supersize deals are starting to show up on the real estate calendar. Before the year is out, NorthStar Realty Finance Corp. expects to close on its $4 billion acquisition of Griffin-American Healthcare REIT II Inc., a non-traded vehicle co-sponsored by American Healthcare Investors and Griffin Capital Corp. Also scheduled for a fourth-quarter closing is Ventas Inc.&#8217;s $2.6 billion acquisition of American Realty Capital Healthcare Trust Inc., which was announced in June.<\/p>\n<p>Along with the demand for healthcare properties and the abundance of investors eager to allocate capital, these epic deals signal an additional trend: the growing maturity of non-listed REITs. During the first quarter of 2014, the sector attracted close to $4 billion, a 7.2 percent year-over-year increase, according to research by Robert A. Stanger &amp; Co. The Shrewsbury, N.J.-based investment banking firm, which specializes in direct investment securities, estimates that 43 non-listed public REITs are registered to raise $62 billion in equity capital.<\/p>\n<p>Much of that capital is originating from repeat investors. As non-traded REITs produce healthy proceeds, their investors are willing to plow more capital into the sector, the Stanger report explained. Those returns stem from exit strategies that fall into several major categories: the sale of the fund to its sponsors, to a traded REIT or other investors, or through an initial public offering on a stock exchange.<\/p>\n<p><a title=\"Prime-Time Players\" href=\"https:\/\/www.bluetoad.com\/publication\/?i=222378&amp;p=34\" target=\"_blank\" rel=\"noopener\">Read the full article in the September 2014 issue of <i>CPE<\/i>. Access is free!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A number of epic deals signal the growing maturity of non-listed REITs. <\/p>\n","protected":false},"author":749,"featured_media":1004102923,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37774,37775,37776,37777,37778],"tags":[],"class_list":["post-1004102861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rc-dividend-yield","category-rc-forward-affo-payout-ratios","category-rc-premium-discount-to-nav","category-rc-price-ltm-ffo","category-rc-total-return"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEPTEMBER ISSUE: Non-Listed REITs - Commercial Property Executive<\/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:\/\/www.commercialsearch.com\/news\/september-issue-prime-time-players\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEPTEMBER ISSUE: Non-Listed REITs\" \/>\n<meta property=\"og:description\" content=\"A number of epic deals signal the growing maturity of non-listed REITs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/september-issue-prime-time-players\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2014-09-01T13:53:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T08:29:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2014\/08\/Metropolitan_RIET_480x270.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"270\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Michelle Matteson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/september-issue-prime-time-players\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/september-issue-prime-time-players\/\",\"name\":\"SEPTEMBER ISSUE: Non-Listed REITs - 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