AltsTech News

Tax Reform Potential Impacts on CRE Investment per Marcus & Millichap

According to Marcus & Millichap’s First V.P. for Research Services John Chang, here is an Executive Summary of the key components of the House and Senate tax reform bills which may impact CRE investment, followed by some specific interpretations of potential impacts:

FS Investments Announces Partnership with KKR

FS Investments, a leading alternative investment manager, and KKR, a leading global investment firm, today announced that they have entered into an agreement to create the largest business development company (BDC) platform, with $18 billion in combined assets under management.

JLL Income Property Trust Celebrates Five Years: A Conversation with Allan Swaringen

After building an admirable track record providing pension funds and endowments with high quality, diversified core real estate, industry giant LaSalle Investment Management saw an opportunity to bring its 40 years of institutional experience to individual high-net-worth investors.

Why private equity wants a piece of the RIA market

Several factors, including consolidation in the independent advice industry and PE’s own growing mountain of cash, are fueling the zeal to invest

Corporate Capital Trust II to Suspend Offering, May Change Advisor

On December 11, the board of trustees of Corporate Capital Trust II, a business development company (BDC) that invests in the debt of privately owned American companies, announced that the fund intends to suspend its offering to new investors effective January 10, 2018.

Lightstone Value Plus REIT V Announces $7.98 NAV Per Share

The board of directors of Lightstone Value Plus Real Estate Investment Trust V Inc., (formerly Behringer Harvard Opportunity REIT II, Inc.) a publicly registered non-traded REIT, determined and approved an estimated net asset value per share of $7.98 for the company’s common stock, as of September 30, 2017.

Which new interval fund recently filed a $1 billion offering to invest in real estate and CRE debt?

Answer: Broadstone Real Estate Access Fund, Inc. filed a preliminary prospectus with the SEC on October 13, 2017.

Marketing 101 for Financial Advisors

In the financial services industry where pretty much everything you’re “allowed” to do is strictly regulated, achieving great marketing becomes even more of a challenge.

Commonwealth’s John Rooney Comments on NTR Industry’s Status

Most industry professionals seem to believe something has to give.

Industry Veteran, Brian Buehler, appointed CEO of Triton Pacific Securities, LLC

Triton Pacific Capital Partners, LLC, a private equity firm with asset and investment management services, has appointed 20+ year veteran Brian Buehler as new CEO of Triton Pacific Securities, LLC, the managing broker-dealer for Triton Pacific’s suite of investment offerings.

What’s Ahead for Non-Traded REIT Sector? Rebound Expected in 2018 Driven by Large Institutions, Small Investors Alike

The amount of funds raised by non-traded REITs is expected to hit a 15-year low for 2017 amid increased federal regulatory scrutiny and pressure on companies to reduce their fee structures and increase transparency into their operations.

Investor Focus Shifts In Multifamily

“Investors are looking to engage in secondary and tertiary markets, where they see increasing opportunity,” says Jeff Lee with Capital One Multifamily Finance.

Thomas Sittema Resigns as CEO of CNL Financial Group

CNL said Stephen H. Mauldin and Chirag Bhavsar have been named as co-CEOs of the company.

Corporate Property Associates 18 – Global Announces $8.36 NAV Per Share

Corporate Property Associates 18 – Global Incorporated announced December 6 an estimated net asset value per share (“NAV”) as of September 30, 2017 of $8.36 per share for Class A and Class C common stock, which was 1.5% higher than the NAVs at June 30, 2017 of $8.24 per share.