Asset Manager News- Page 42 of 545

Asset Manager News

December 5, 2023

StratCap Secures Portfolio of 72 Cell Towers

StratCap continues to expand its footprint in the digital infrastructure sector and believes the StratCap Wireless team’s significant experience as operators in the wireless arena has had a significant impact on the Company’s success...

December 5, 2023

CIM Real Assets & Credit Fund Announces Significant Reduction in Incentive Fee

The increase in the distribution rate reflects increasing income on CIM RACR’s floating rate real estate and credit investments and the expectation of improving net operating income on its real estate equity investments from recent strong leasing activity.

December 5, 2023

The Consequences of Cash

Investors may often hear that “cash is king,” but holding on to too much cash and staying out of both private and public investments may have serious repercussions on an investor’s portfolio.

November 30, 2023

Leitbox Storage Partners LLC Thrives with Notable Pension Fund Investments

Leitbox's innovative market approach, which encompasses a diverse array of strategies including development, mixed-use development, conversions, and strategic value-add acquisitions, has markedly enhanced its standing and appeal within the sector.

November 28, 2023

Hines Acquires 1.1 Million-Square-Foot Industrial Campus In Chicago

Hines will serve as the property manager for the portfolio and intends to implement a strategic value-add capital improvement plan at the properties...

November 16, 2023

ExchangeRight’s Essential Income REIT Now Tracked by Blue Vault

Warren Thomas, a managing partner at ExchangeRight, shared that this reporting relationship will help educate advisors about the Essential Income REIT's successful performance to date, broadening its reach to more investors who need the kind of stable income that the REIT has historically generated.

November 13, 2023

Ashford Hospitality Trust Hopes To Hand Back Keys to 19 Hotels in Its Portfolio by Year’s End

The Dallas-based REIT has been working for months to hand back the keys of 19 hotels tied to three loans that matured in June in which the trust opted not to pay the $255 million required to extend those loans.

November 13, 2023

NexPoint Real Estate Finance, Inc. Launches $400 Million Continuous Offering of 9.0% Series B Cumulative Redeemable Preferred Stock

The Series B Preferred Stock is being offered by NexPoint Securities on a "reasonable best efforts" basis. There is no public market for the Series B Preferred Stock and the Company does not intend to apply for a listing of the Series B Preferred Stock on any national securities exchange.

November 10, 2023

Prospect Capital Announces September 2023 Financial Results and Declares Steady Monthly Dividends through January 2024 of $0.06 Per Common Share

Prospect’s closing stock price of $5.35 at November 7, 2023 delivers to our common shareholders an annualized distribution yield of 13.5% and an annualized basic NII yield of 18.7%, representing 139% basic NII coverage of common distributions.