Asset Manager News
PIMCO Launches the PIMCO Flexible Credit Income Fund February 23, 2017

PIMCO Launches the PIMCO Flexible Credit Income Fund

PIMCO Launches the PIMCO Flexible Credit Income Fund February 22, 2017 09:00 ET | PIMCO Account Management NEWPORT BEACH, Calif., Feb. 22, 2017 (GLOBE NEWSWIRE) -- PIMCO, a leading global investment management firm, has launched the PIMCO Flexible Credit Income Fund, an interval fund that aims to generate attractive risk-adjusted returns and current income by investing…
CNL Healthcare Properties II Signs Agreement for First Acquisition February 23, 2017

CNL Healthcare Properties II Signs Agreement for First Acquisition

CNL Healthcare Properties II Signs Agreement for First Acquisition  February 23, 2017 | by James Sprow | Blue Vault On February 22, CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, announced a signed agreement with Summer Vista Assisted Living, LLC and Hardcourt Development No. 2,…
KBS Legacy Partners Apartment REIT Agrees to Lower Sales Price for Wesley Village February 21, 2017

KBS Legacy Partners Apartment REIT Agrees to Lower Sales Price for Wesley Village

KBS Legacy Partners Apartment REIT Agrees to Lower Sales Price for Wesley Village February 21, 2017 | by James Sprow | Blue Vault The sales agreement for the sale of Wesley Village in Charlotte, North Carolina, and an adjacent 3.8 acre parcel of land by KBS Legacy Partners Apartment REIT to Bluerock Real Estate, LLC…
Griffin Capital Essential Asset REIT II Announces Estimated NAV February 21, 2017

Griffin Capital Essential Asset REIT II Announces Estimated NAV

Griffin Capital Essential Asset REIT II Announces Estimated NAV February 21, 2017 | by James Sprow | Blue Vault On February 13, 2017, the board of directors of Griffin Capital Essential Asset REIT II determined an estimated value per share for all common share classes of $9.37 as of December 31, 2016, following a valuation…
Why So Many 1031 Investors Are Emerging February 21, 2017

Why So Many 1031 Investors Are Emerging

Why So Many 1031 Investors Are Emerging SAN DIEGO—Just like home buyers look to level up, we’re also seeing a bit more fluidity in typically middle-market groups seeking more institutional deals and vice versa, Avison Young’s Peter Sherman tells GlobeSt.com. February 21, 2017 | BY CARRIE ROSSENFELD | GlobeSt.com Sherman: “I had multiple conversations with investors saying…
Rents Rise Fastest in Class-B Submarkets February 21, 2017

Rents Rise Fastest in Class-B Submarkets

Rents Rise Fastest in Class-B Submarkets February 21, 2017 | by Bendix Anderson | National Real Estate Investor  Apartment rents are growing most quickly in working-class, suburban submarkets that apartment developers have avoided. “With a handful of exceptions, the neighborhoods posting the strongest rent growth don’t have much ongoing construction,” says Greg Willett, chief economist for…
2017 outlook depends on Trump policies, Hilton CEO says February 21, 2017

2017 outlook depends on Trump policies, Hilton CEO says

2017 outlook depends on Trump policies, Hilton CEO says February 15, 2017 | Jake Mooney | S&P Global Executives at Hilton Worldwide Holdings Inc. are optimistic that the company's revenue can grow in the months ahead, but the company's CEO said much depends on the Trump administration's ability to deliver tax and regulatory reform. During…
Healthcare Trust Revises Advisory Agreement February 21, 2017

Healthcare Trust Revises Advisory Agreement

Healthcare Trust Revises Advisory Agreement February 21, 2017 | by James Sprow | Blue Vault On February 17, 2017, Healthcare Trust, Inc. (the “Company’) entered into the Second Amended and Restated Advisory Agreement with Healthcare Trust Operating Partnership, L.P. and the Company’s advisor, Healthcare Trust Advisors, LLC, (the “Advisor”). The board of directors retained independent…
Dividend Capital Diversified Property Fund Hosts a Portfolio Update Webinar February 21, 2017

Dividend Capital Diversified Property Fund Hosts a Portfolio Update Webinar

Dividend Capital Diversified Property Fund Hosts a Portfolio Update Webinar February 17, 2017 | by James Sprow | Blue Vault Dividend Capital Diversified Property Fund Inc., a public reporting daily NAV REIT will host a public call and webinar on Wednesday, March 15, 2017, at 2:15 PM Mountain Time (4:15 PM Eastern) to provide an…

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