AltsTech News

AltsTech News

HPI Real Estate Fund V Fully Subscribed at $115 million

Hamilton Point Investments LLC announced the close of HPI Real Estate Fund V LLC, a Reg D real estate private equity fund that raised $115 million and will acquire, with leverage, approximately $300 million of multifamily apartment properties.

House GOP Guns For DOL Fiduciary Rule

GOP leaders, fresh off their tax reform victory, are banking on Washington’s anti-regulation climate to help them pass a rider in a House spending bill that would completely vacate the U.S. Department of Labor’s fiduciary rule.

Why Tax Reform Is Not The Top Issue For Retail Investors In Alternative Assets

As the debate on tax reform drags on in Washington — and will surely continue, even if a final reform bill passes — retail investors are trying to read the policy changes to determine whether, and how, any tax code changes could impact their portfolios in general. And this certainly includes alternative investments.

Tax Cuts and Jobs Act: Highlights for the Real Estate Industry

Notably, the Act will significantly impact real estate investors, sponsors and developers, and there are a number of special provisions applicable to REITs and REIT investors. Below is a brief summary of some of the Act’s provisions that are expected to have the greatest effect on the real estate industry.

CBRE Global Investors Fund Acquires Atlanta Office Complex

The CBRE Strategic Partners U.S. Value 8 fund has acquired Concourse Creative Campus, a 751,093 square foot office complex that consists of two eight-story office buildings, one four-story office building, three parking structures and a 5-acre vacant land parcel in Atlanta.

The Many Unknowns In The Tax Bill’s CRE Provisions

The Tax Cut and Jobs Act is the biggest change to the US tax code in 30 years. Little wonder, then, there are provisions that need further clarification from the Treasury Department. Here are the CRE-related ones that bother experts the most.