Asset Manager News
Carey Watermark Investors Sells Its 57% Interest in Westin Atlanta Venture October 26, 2017

Carey Watermark Investors Sells Its 57% Interest in Westin Atlanta Venture

Carey Watermark Investors Sells Its 57% Interest in Westin Atlanta Venture October 26, 2017 | James Sprow | Blue Vault On October 19, 2017, the CWI AM Atlanta Perimeter Hotel, LLC venture, or the Westin Atlanta Venture, in which Carey Watermark Investors Incorporated, or CWI, owned a 57% interest, was sold to an unaffiliated third-party…
KBS Strategic Opportunity REIT to Sell 11 Properties for $804 Million October 26, 2017

KBS Strategic Opportunity REIT to Sell 11 Properties for $804 Million

KBS Strategic Opportunity REIT to Sell 11 Properties for $804 Million October 25, 2017 | James Sprow | Blue Vault On October 24, 2017, KBS Strategic Opportunity REIT, Inc. entered into an agreement to sell 11 of its properties to various subsidiaries of Keppel-KBS US REIT, a newly formed Singapore real estate investment trust (the…
Hospitality Investors Trust Board Counters MacKenzie Tender Offer October 26, 2017

Hospitality Investors Trust Board Counters MacKenzie Tender Offer

Hospitality Investors Trust Inc.'s board is calling on the company's shareholders to reject MacKenzie Realty Capital Inc.'s unsolicited mini-tender offer for the company's common shares and countering the offer by MacKenzie with a tender offer for up to 1,000,000 shares at a higher price.
Economy Watch: HQ2 Could Raise Rents in Some Apartment Markets October 25, 2017

Economy Watch: HQ2 Could Raise Rents in Some Apartment Markets

Economy Watch: HQ2 Could Raise Rents in Some Apartment Markets October 20, 2017 | D.C. Stribling | Commercial Property Executive Bids to be the home of Amazon’s second headquarters, HQ2, were due on Thursday, and more than 50 cities (or metros with various polities collaborating) put in for what’s probably the biggest site selection prize of…
Advisors Paying More for Compliance October 25, 2017

Advisors Paying More for Compliance

Advisors Paying More for Compliance October 9, 2017 | Diana Britton | WealthManagement.com When President Trump was elected, some broker/dealers and advisors thought it would usher in an era favorable to financial services, with a pullback in regulatory reach and a return to a “friendlier” legal environment for small businesses. “I think everybody said, ‘All…
Investors holding $540b of pent-up capital demand for commercial real estate October 25, 2017

Investors holding $540b of pent-up capital demand for commercial real estate

Investors holding $540b of pent-up capital demand for commercial real estate October 2017 | Institutional Real Estate, Inc.  JLL Gobal’s global capital markets experts have totaled an estimated $540 billion in capital that LP investors are holding to place into commercial real estate investments across the globe. Investors across the globe still view commercial real…
Private real estate investors driving up values in ‘safe havens’ October 25, 2017

Private real estate investors driving up values in ‘safe havens’

Private real estate investors driving up values in ‘safe havens’ October 2017 | Andrea Waitrovich | Institutional Real Estate, Inc. Private investors into commercial real estate may be forced to look beyond the world’s leading cities for better value, according to new data from Knight Frank’s 2018 Global Cities report. “Our analysis demonstrates that private investors remain…
Merged MVP REITs I and II to be Renamed “The Parking REIT, Inc.” October 25, 2017

Merged MVP REITs I and II to be Renamed “The Parking REIT, Inc.”

Merged MVP REITs I and II to be Renamed “The Parking REIT, Inc.” October 24, 2017 | James Sprow | Blue Vault As previously disclosed, the shareholders of MVP REIT, Inc. ("MVP I") voted on September 27, 2017 to approve the previously announced proposed merger of MVP I with and into a wholly-owned merger subsidiary…

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