Asset Manager News
Strong Demand for Industrial Space Has Lenders Competing for Loans August 8, 2017

Strong Demand for Industrial Space Has Lenders Competing for Loans

Strong Demand for Industrial Space Has Lenders Competing for Loans August 4, 2017 | Patricia Kirk | NREIOnline.com With industrial vacancy under 2.0 percent in many U.S. markets and rents continuing to rise, this asset class is the darling of both investors and lenders. Attorney Steven J. Lurie, a partner in the Los Angeles-based law firm…
Commercial Real Estate Markets Have Settled in for the Long Haul August 8, 2017

Commercial Real Estate Markets Have Settled in for the Long Haul

Commercial Real Estate Markets Have Settled in for the Long Haul August 3, 2017 | Calvin Schnure | REIT.com Commercial real estate markets appear to have settled in for the long haul. New supply and the growth of demand are roughly balanced in most property sectors, vacancy rates are stable and rents growing modestly. The latest…
Kestra Financial acquires 600-rep H. Beck August 8, 2017

Kestra Financial acquires 600-rep H. Beck

Kestra Financial acquires 600-rep H. Beck August 8, 2017 | Bruce Kelly | InvestmentNews.com The market for independent broker-dealer mergers saw its second sizable deal in as many weeks as Kestra Financial Inc. said Tuesday it had acquired a 600 rep and adviser firm owned by insurance company H. Beck Inc. Terms of the deal were…
Commercial Property Price Index Inches Higher in July August 7, 2017

Commercial Property Price Index Inches Higher in July

Commercial Property Price Index Inches Higher in July  August 8, 2017 | James Sprow | Blue Vault The Green Street Commercial Property Price Index inched higher in July. Over the past year, the index is little changed, as higher cap rates have offset growing rental income. “Some property types are doing better than others, but,…
Inland Residential Buys Montgomery, Alabama Multifamily Property for $36.6 Million August 7, 2017

Inland Residential Buys Montgomery, Alabama Multifamily Property for $36.6 Million

Inland Residential Buys Montgomery, Alabama Multifamily Property for $36.6 Million August 7, 2017 | James Sprow | Blue Vault Inland Residential Properties Trust Inc., a publicly registered non-traded real estate investment trust, purchased Verandas at Mitylene, a 332-unit multifamily property in Montgomery, Alabama for $36.6 million, plus closing costs, according to an August 2nd filing…
Should REITs Worry About Section 1031 Repeal? August 7, 2017

Should REITs Worry About Section 1031 Repeal?

Should REITs Worry About Section 1031 Repeal? August 4, 2017 | Robert Beard | King and Spalding One of the headline proposals contained in the Republican Party’s “Better Way” blueprint for tax reform was immediate expensing of business investments. Although the Blueprint does not directly address like-kind exchanges, commenters immediately began to wonder what role,…
LPL Seen As Front-Runner To Buy National Planning Holdings’ B-D Network August 7, 2017

LPL Seen As Front-Runner To Buy National Planning Holdings’ B-D Network

LPL Seen As Front-Runner To Buy National Planning Holdings' B-D Network July 30, 2017 | FA-mag.com LPL Financial appears to be the likely winner in the bidding for Jackson National's 3,500-rep, broker-dealer network, National Planning Holdings (NPH). Although no deal has been announced, sources in the insurance industry said a transaction could be finalized imminently. LPL…
Phillips Edison Acquires Bakersfield Center August 7, 2017

Phillips Edison Acquires Bakersfield Center

Phillips Edison Acquires Bakersfield Center August 2, 2017 | Al Urbanski | ChainStoreAge.com Phillips Edison has acquired another grocery-anchored center, this on in Bakersfield, California.   Riverlakes Village is a 92,212-sq.-ft. neighborhood center anchored by Von’s Supermarket and augmented by a classic necessity-based mix of CVS, Verizon Wireless, Bank of America, Supercuts, Steak and Grape’s, and…

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