Asset Manager News
DOJ’s Private Prison Phase-Out a Challenge for Prison REITs October 17, 2016

DOJ’s Private Prison Phase-Out a Challenge for Prison REITs

DOJ’s Private Prison Phase-Out a Challenge for Prison REITs October 5, 2016 | by Reed Valutas | Commercial Property Executive By Reed Valutas, Associate Analyst, Commercial Real Estate Finance, Moody's Investors Service: The DOJ and DHS plans to stop using privately owned prisons create substantial uncertainty for prison REITs. Recent announcements by the U.S. Department…
Pathway Energy Infrastructure Fund Declares October and November Distributions October 17, 2016

Pathway Energy Infrastructure Fund Declares October and November Distributions

Pathway Energy Infrastructure Fund Declares October and November Distributions NEW YORK, Oct. 12, 2016 /PRNewswire/ -- Pathway Energy Infrastructure Fund, Inc. ("Pathway" or the "Fund") announced today a series of distributions with weekly record dates and payable monthly to the stockholders of record as of the close of business each week from October 7, 2016  through November…
DCT Industrial Trust Acquires 301 KSF Asset October 17, 2016

DCT Industrial Trust Acquires 301 KSF Asset

DCT Industrial Trust Acquires 301 KSF Asset October 12, 2016 | by Laura Calugar | Commercial Property Executive Cincinnati—DCT Industrial Trust, a top industrial real estate company, has announced the acquisition  of a 301,000-square-foot building located in the Northwest submarket of Cincinnati. The property offers functional space with ESFR sprinklers and 24 to 28-foot clear…
SmartStop Asset Management Celebrates One-Year Anniversary, Meets Self-Storage Goals October 17, 2016

SmartStop Asset Management Celebrates One-Year Anniversary, Meets Self-Storage Goals

SmartStop Asset Management Celebrates One-Year Anniversary, Meets Self-Storage Goals October 13, 2016 | Inside Self Storage SmartStop Asset Management LLC, a diversified real estate company that manages 89 self-storage facilities in Canada and the United States, has met its business goals for its first year in operation, with nearly $1 billion in assets under management.…
CPA:17-Global Pays $14 Million for First Solar’s 392,000-SF Facility in Suburban Toledo October 14, 2016

CPA:17-Global Pays $14 Million for First Solar’s 392,000-SF Facility in Suburban Toledo

CPA:17-Global Pays $14 Million for First Solar's 392,000-SF Facility in Suburban Toledo InSite Real Estate Sells Critical Facility in Perrysburg October 6, 2016 | By Neal Carr | CoStar CPA®:17-Global, a non-traded real estate investment trust and affiliate of New York City-based W.P. Carey (NYSE: WPC), struck a deal with Insite Real Estate to acquire…
Priority Income Fund Declares Distributions for October and November 2016 October 14, 2016

Priority Income Fund Declares Distributions for October and November 2016

Priority Income Fund Declares Distributions for October and November 2016 NEW YORK, Oct. 12, 2016 /PRNewswire/ -- Priority Income Fund, Inc. ("Priority" or the "Fund") announced today that it has declared a series of cash distributions to its shareholders for the period ending November 30, 2016. The declared distributions equal a weekly amount of $0.02136 per…
Private Investors Double Down on Net Lease Assets as Institutional Buyers Step Back October 14, 2016

Private Investors Double Down on Net Lease Assets as Institutional Buyers Step Back

Private Investors Double Down on Net Lease Assets as Institutional Buyers Step Back Oct 10, 2016 | by Diana Bell | National Real Estate Investor Private investors turned more of their attention to single-tenant net lease assets this year, as institutional buyers pulled back from the property type due to the tightening in the capital…
David G. Richards Joins Medley Management as a Managing Director and Portfolio Manager of Sierra Total Return Fund October 14, 2016

David G. Richards Joins Medley Management as a Managing Director and Portfolio Manager of Sierra Total Return Fund

David G. Richards Joins Medley Management as a Managing Director and Portfolio Manager of Sierra Total Return Fund Thursday, October 13, 2016 1:30 PM UTC | EconoTimes NEW YORK, Oct. 13, 2016 -- Medley Management Inc. ("Medley") (NYSE:MDLY), a leading credit-focused asset manager, today announced that David G. Richards will join Medley as a Managing Director and…

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