Black Creek Group has a deep history of providing actively managed real estate investment solutions that seek to perform through all market cycles and provide positive returns for our investors. 1
Our disciplined and repeatable investment process is evidenced through a strong track-record of closed real estate investment solutions that have gone full cycle.
Industrial Property Trust (IPT) is a real estate investment trust (REIT) that acquires and operates high-quality distribution warehouses that are leased to corporate customers.
IPT’s wholly-owned real estate was sold to affiliates of Prologis in 2020. IPT’s remaining assets consist of its interests in two joint ventures.
Event & Date | |
---|---|
Initial offering price per share as of October 20132 | $10.00 |
Special distributions per share of common stock as of January 20203 | $12.54 |
NAV per share following special distribution | $1.25 |
Ordinary Distributions Over the Life of the Vehicle | |
---|---|
Total investor distributions paid per share since inception (prior to the special distribution in January 2020) | $3.354 |
Industrial Income Trust (IIT) was a non-traded REIT that started in 2010. The company acquired more than 60 million square feet from 2010-2013 and was sold in 2015.5
Event & Date | |
---|---|
Initial Offering Price as of March 2010 6 | $10.00 |
Cash distribution paid per share to investors upon completion of the merger in November 2015 | $10.56 |
Additional cash distribution paid per unit to investors upon the sale of the remaining properties in December 2017 | $0.55 |
Ordinary Distributions Over the Life of the Vehicle | |
---|---|
Prior to the merger distribution in November 2015, total investor distributions paid per share since inception 7 | $3.65 |
DCT Industrial is an NYSE listed industrial REIT that was started in 2002 as a non-traded REIT called Dividend Capital Trust and was listed on the NYSE after an institutional IPO in 2006. DCT Industrial Trust is no longer affiliated with Black Creek Group.