Black Creek Diversified Property Fund Inc. is a net asset value (“NAV”)-based perpetual life REIT formed on April 11, 2005, as a Maryland corporation. We are primarily focused on investing in and operating a diverse portfolio of real property. As of December 31, 2019, our real estate portfolio consisted of 48 properties, which includes nine properties that are part of the DST Program (as defined below), totaling approximately 8.8 million square feet located in 21 markets throughout the U.S. As used herein, the terms “DPF,” the “Company,” “we,” “our” or “us” refer to Black Creek Diversified Property Fund Inc. and its consolidated subsidiaries, except where otherwise indicated or the context otherwise requires. We have operated and elected to be treated as a REIT for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2006, and we intend to continue to operate in accordance with the requirements for qualification as a REIT. We utilize an Umbrella Partnership Real Estate Investment Trust (“UPREIT”) organizational structure to hold all or substantially all of our assets through Black Creek Diversified Property Operating Partnership LP (the “Operating Partnership”), a Delaware limited partnership, of which we are the sole general partner and a limited partner.
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Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Black Creek Diversified Property Fund Inc., Dividend Capital Diversified Property Fund Inc., Dividend Capital Total Realty Trust Inc.
SEC CIK
Corporate docs
Subsidiaries
Ares Real Estate Income Trust Inc. • ADREX 1031 California Lender LLC • ADREX 1031 Lender Clearwater LLC • ADREX 1031 Lender Diversified I LLC • ADREX 1031 Lender Diversified II LLC • ADREX 1031 Lender Diversified 3 LLC • ADREX 1031 Lender Diversified 4 LLC • ADREX 1031 Lender Diversified 5 LLC • ADREX 1031 Lender LLC • ADREX 1031 Lender Multifamily I LLC ...
IRS number
300309068
Latest filings (excl ownership)
POS EX
Additional exhibits for listing
14 Jun 24
424B3
Prospectus supplement
14 Jun 24
8-K
Departure of Directors or Certain Officers
14 Jun 24
DEFA14A
Additional proxy soliciting materials
6 Jun 24
8-K
Departure of Directors or Certain Officers
5 Jun 24
8-K
Other Events
15 May 24
POS EX
Additional exhibits for listing
15 May 24
424B3
Prospectus supplement
15 May 24
10-Q
2024 Q1
Quarterly report
10 May 24
8-K
Entry into a Material Definitive Agreement
3 May 24
Financial summary
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Diluted EPS |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 19.92 mm | 19.92 mm | 19.92 mm | 19.92 mm | 19.92 mm | 19.92 mm |
Cash burn (monthly) | (no burn) | 1.74 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 5.00 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 14.92 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 8.6 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jun 24 | Taylor M. Paul | Class I Common Stock | Buy | Acquire P | No | No | 7.6794 | 6,510.925 | 50.00 k | 6,510.925 |
9 Aug 23 | Duke Charles B | Class I Common Stock | Grant | Acquire A | No | No | 0 | 8,935.166 | 0.00 | 51,155.036 |
9 Aug 23 | Brian Mathis | Class I Common Stock | Grant | Acquire A | No | No | 0 | 8,935.166 | 0.00 | 24,524.505 |
9 Aug 23 | Sullivan Daniel Joseph | Class I Common Stock | Grant | Acquire A | No | No | 0 | 8,935.166 | 0.00 | 57,113.833 |