AltsTech News
AltsTech News
BlueGate Boat & RV Storage Names JC Reed as Chief Operating Officer
Reed brings a wealth of experience to BlueGate, having served as senior vice president of operations at Store Space Self Storage, where he oversaw a multi-state portfolio of 70 locations with over $70 million in revenue.
Starwood Capital Appoints Andrew Sossen Senior Managing Director, Chief Operating Officer
In this role, Andrew will be a member of Starwood Capital ‘s executive committee and oversee the day-to-day operations of the firm, reporting to Barry Sternlicht, Starwood Capital’s Chairman and CEO.
Eagle Point Institutional Income Fund Reaches $100 Million Milestone And Generates 12.8% Annual Net Return
“By leveraging the strength of our Adviser’s investment platform, Eagle Point Institutional Income Fund has consistently provided investors with a reliable source of income,” said Thomas Majewski, the Fund’s Chairman and Chief Executive Officer, adding…
SmartStop Self Storage REIT, Inc. Reports Second Quarter 2024 Results
SmartStop receives asset management fees, property management fees, acquisition fees, and other fees and also receives substantially all of the tenant protection program revenue earned by the Managed REITs, which had a combined portfolio of 31 operating properties and approximately 24,500 units and 2.7 million rentable square feet at quarter end.
Capital Square Fully Subscribes Private Placement Offering of Multifamily Opportunity Zone Development in Knoxville
“Livano Knoxville is located next to the Great Smoky Mountains and the Tennessee River in South Knoxville, where occupancy rates are expected to stay above 95% for the next decade,”1 said Whitson Huffman, co-chief executive officer.
Meira Wealth: Bringer of Light to Financial Advice Seekers
Learn more about Meira Wealth and consider joining them in becoming a Blue Vault member today!
Inland Fully Subscribes $54 Million Build-to-Rent DST
The DST owns the Odyssey on Soltura, a newly constructed, Class A, build-to-rent (“BTR”) single-family rental community located at 10131 Soltura Drive in Fort Myers, Florida.
Eligible Gains with Jay Frank of Cantor Fitzgerald Asset Management Clip
Jay Frank, President of Cantor Fitzgerald Asset Management, talks about what gains are still eligible for investment in this podcast clip.
Proposed Opportunity Zone Legislation Clip
Jay Frank, President of Cantor Fitzgerald Asset Management, talks about proposed Opportunity Zone...
Deferred Tax Liability Podcast Clip
Jay Frank, President of Cantor Fitzgerald Asset Management, talks about how to handle the deferred...
Inside the VALT with Jay Frank of Cantor Fitzgerald Asset Management
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What percentage of total industry assets were made up by the ten largest interval funds?
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Vistra completes acquisition of the Fund Administration and Transfer Agent business of Phoenix American Financial Services, Inc.
The deal will also bring new capabilities to Vistra in the high-volume retail investor space, with the acquisition of Phoenix American’s proprietary technology platform (STAR-XMS), which tracks investors and investment transactions to assist in fund performance reporting.
Inland Appoints Jovan Marconi as Chief Information Officer
In this role, Mr. Marconi is responsible for developing and implementing the IT strategy, including application development; data management; AI practices; cybersecurity; and the evolution of the technology infrastructure for Inland.
Go Store It Acquires State-of-the-Art Self Storage Facility in Oak Ridge, Tennessee
Situated on over four acres, Go Store It Oak Ridge has 515 storage units and is currently 91% leased. Its prime location along S Illinois Avenue, a bustling seven-lane thoroughfare with a daily traffic count of 26,857 vehicles, provides high visibility and accessibility.
Watch: Investors Fully Subscribe ExchangeRight’s All-Cash 3 DST with 5.15% Current Cash Flow
ExchangeRight All-Cash 3 DST ’s exit strategy aims to provide investors with a tax-deferred cash-out refinance option in addition to the ability to complete a 1031 exchange, 721 exchange, cash out, or a combination of these options.
LRT Company Fully Subscribes Nearly $17 Million DST Offering of 50-Year Ground Lease in Orlando, Fla. Suburb
LRT Company is a ground-up development company specializing in the entitlement and development multifamily and senior housing projects.
KKR: Fundraising from Wealth Channel Accelerates
Overall, KKR posted adjusted net income of $971.9 million during the quarter, or $1.09 per share, a 49% increase from a year ago.
Blackstone Reportedly In Talks To Acquire $2B Retail REIT
Outside of retail, Blackstone has been going in aggressively on multifamily and single-family rental acquisitions. At the beginning of the year, the company purchased Sunbelt-based single-family rental developer Tricon Residential — with 38,000 homes — for $3.5B.
The Challenge Of Finding The Right Marketing Talent For Alternative Investment Sponsors
Finding and retaining the right marketing talent in the alternative investment sector can be challenging. With Marketing Intent, your firm can access the specialized marketing expertise needed to support and enhance your capital raising efforts.