Griffin Capital Company Celebrates Three Year Anniversary for Griffin Institutional Access™ Real Estate Fund June 30, 2017 12:22 ET | Source: Griffin Capital Real Estate-Focused Interval Fund Achieves $1.7 Billion in AUM EL SEGUNDO, Calif., June 30, 2017 (GLOBE NEWSWIRE) -- Griffin Capital Company, LLC (“Griffin Capital”) announced today that its Griffin Institutional Access Real Estate Fund (NASDAQ:GIREX) (NASDAQ:GCREX)…
Asset Manager News
Renter Demand At Near-Record Levels
Renter Demand At Near-Record Levels JUNE 30, 2017 | BY PAUL BUBNY | Globe St Even with many new apartment properties coming on line, strong demand from renters is shoring up pricing power, says Greg Willett at RealPage. Apartment rent growth may have slowed compared to its pace earlier in the cycle, but renter demand…
Ex-CFO Brian Block found…
Ex-CFO Brian Block found… Guilty June 30, 2017 | James Sprow | Blue Vault A New York federal jury on Friday found the former CFO of American Realty Capital Properties Inc. guilty of securities fraud and related crimes for fabricating numbers in filings to the U.S. Securities and Exchange Commission to artificially boost a key…
June 29, 2017
Financial Advisor to Chair FSI Board of Directors
Financial Advisor to Chair FSI Board of Directors June 29, 2017 | The DI Wire The Financial Services Institute, a trade organization that represents independent financial advisors and financial services firms, has elected new directors for its 2018 board of directors. The new directors include Ed Forst, president and CEO of Lincoln Investment Planning; Chris…
June 29, 2017
Resource Real Estate Nontraded REITs COO Kevin Finkel Resigns
Resource Real Estate Nontraded REITs COO Kevin Finkel Resigns June 30, 2017 | by James Sprow | Blue Vault On June 27, 2017, Kevin M. Finkel notified the boards of directors of Resource Real Estate Opportunity REITs I and II, as well as Resource Income & Opportunity REIT, Inc. of his resignation as Chief Operating Officer and…
June 29, 2017
Institutional sponsors moving in on nontraded REIT market
Institutional sponsors moving in on nontraded REIT market June 26, 2017 | by TOM YEATTS | S&P Global Market Intelligence Regulatory changes and the departure of key sponsors have dramatically changed the nontraded real estate investment trust sector, and the players likely to dominate going forward will be much larger, with more prominent reputations, than their…
June 29, 2017
Why Warren Buffett Just Invested in This $2.6 Trillion Industry, and How You Can, Too
Why Warren Buffett Just Invested in This $2.6 Trillion Industry, and How You Can, Too Here's why net lease real estate could be a smart addition to your portfolio. June 27, 2017 | by Matthew Frankel | The Motley Fool Net-lease real estate investment trust Store Capital (NYSE:STOR) recently announced that Berkshire Hathaway (NYSE:BRK-A) (NYSE:BRK-B), the conglomerate led by Warren Buffett, had made a…
June 29, 2017
What Some BDs are Doing Wrong in Cybersecurity
What Some BDs are Doing Wrong in Cybersecurity June 28, 2017 | by Rita Raagas De Ramos | Financial Advisor IQ Finra has found six common cybersecurity weaknesses it has observed from examinations of its member-firms. And the failings read as a to-do list of things broker-dealers should do to ensure their cybersecurity is up to scratch. These…
June 29, 2017
Yellen: Banks ‘very much stronger’; another financial crisis not likely ‘in our lifetime’
Yellen: Banks 'very much stronger'; another financial crisis not likely 'in our lifetime' June 27, 2017 | by Jeff Cox | CNBC Fed Chair Janet Yellen said Tuesday that banks are "very much stronger" and another financial crisis is unlikely anytime soon. Speaking during an exchange in London with British Academy President Lord Nicholas Stern, the central bank chief said the…
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