AltsTech News
AltsTech News
Virus Response Shutters 55% of U.S. Retail Space
The coronavirus response has snared American retailers in an unprecedented crisis, with more than three-fifths of the nation’s stores now sitting dark amid mandatory business closures…
LTC’s Simpson: COVID-19 Could Drive Private Equity Investors Away from Skilled Nursing
Private equity dollars have driven the conversation in skilled nursing over the last few years, as the publicly traded real estate investment trusts (REITs) looked to cut their…
SEC Adopts Reforms for BDCs and Closed-End Funds
On April 8, 2020, the SEC voted to adopt rule amendments to implement certain provisions relating to business development companies (“BDCs”) and other closed-end funds. The new rules…
5 New Sponsors Choose Altigo to Automate Investments Into Their Alternative Offerings
Altigo, a straight through processing platform from WealthForge, allows advisors and brokers to digitally subscribe clients to alternative investments. WealthForge is now adding offerings…
Marcus & Millichap Report: Needs-Based Retailers Announce Surge in Hiring Plans
Key Takeaways:
• Despite record layoffs and unemployment claims, some retailers have announced efforts to hire thousands of…
Data Centers Present Rare Bright Spot For Tumbling REIT Stocks
For REIT investors—like most American businesses—the last 2 months have been bleak…
Highlands REIT Board Recommends Rejection of MacKenzie Realty $0.05 Mini-Tender
In a letter to shareholders on April 8, 2020, the Board of Directors of Highlands REIT unanimously recommended that shareholders reject the unsolicited offer by MacKenzie Realty Capital, Inc….
74% of CFOs Plan to Permanently Shift Some of Their Workforce to Remote Positions
CFOs are already thinking beyond the end of the coronavirus and have plans to shift at least some of their onsite workforce to remote positions, according to a survey of CFOs and finance leaders…
Hotel Occupancies Have Cratered. What Happens Next?
The good news for the hospitality sector is that occupancy rates likely won’t fall in the coming weeks. But that’s only because occupancies have already dropped…
ExchangeRight Welcomes Bill Cerelli to Sales Team
PASADENA, Calif. – ExchangeRight has announced the appointment of Bill Cerelli as senior vice president in the Eastern region. As a 21-year veteran of the financial industry, Cerelli will…
Blue Vault Office Closed Friday, April 10, 2020
In observance of Good Friday, Blue Vault offices will be closed on April 10. We will resume normal office hours on Monday, April 13. May you and your family have a blessed, healthy Easter holiday.
Blackstone REIT Share Pricing – Flattening the Curve
In the monthly pricing announcement filing with the SEC on March 20, 2020, Blackstone Real Estate Income Trust (“BREIT”) posted pricing for its four share classes for the month of…
Bluerock Capital Markets Announces Monthly Record Capital Inflows in March of $150 Million; Company Focusing on Virtual Relationship Management and Heightened Communication During COVID-19 Uncertainties
New York, NY (April 9, 2020) – Bluerock Capital Markets, LLC (“BCM” or “Company”), a distributor of institutional alternative investment products, and the dedicated dealer manager for…
Remote Work and Alternative Investments…
In reaction to the recent COVID-19 pandemic, much of America is changing the way they work. Many financial services professionals are turning…
Remote Work and Alternative Investments: How Altigo Enables Financial Professionals to Service Their HNW Clients
In reaction to the recent COVID-19 pandemic, much of America is changing the way they work. Many financial services professionals are turning to remote work. Portfolio management, financial…
U.S. Workers Discovering Affinity for Remote Work
American workers are increasingly doing their jobs from home as a result of the coronavirus crisis, and the latest Gallup Panel data show that they are warming up to…
Covid-19 News Bulletin: Healthpeak Move-Ins Down 50% Compared To March 2019; Kramer, Industry Leaders Invest in Staffing App
Senior Housing News recognizes the seriousness of the Covid-19 pandemic, so we will be updating this bulletin to keep you apprised of the latest developments, focusing on news and…
Procaccianti Hotel REIT Suspends Offering and DRIP
On April 7, 2020, Procaccianti Hotel REIT, Inc. (the “Company”) distributed a letter to the Company’s stockholders and a letter to the broker-dealers participating in the Company’s continuous…
‘Clean up on aisle RMD!’: The SECURE Act’s fast track surprised the fund industry, but we don’t mind surprises so much
“We could certainly slow the aging process down if it had to work its way through Congress.” –Will Rogers…
‘Clean up on aisle RMD!’…
“We could certainly slow the aging process down if it had to work its way through Congress.” Will Rogers was a clever fellow and at times his comments…
