Asset Manager News
Business Development Corporation of America (BDCA) to Sell its Investment Adviser September 30, 2016

Business Development Corporation of America (BDCA) to Sell its Investment Adviser

Business Development Corporation of America (BDCA) to Sell its Investment Adviser September 30, 2016 | by Beth Glavosek | Blue Vault As one of the largest Business Development Companies (BDCs) in the industry, Business Development Corporation of America (BDCA) recently made news when it announced its intention to sell its investment adviser, BDCA Adviser, LLC,…
Hines Global REIT II to acquire 2 Ohio shopping centers in $190M deal September 28, 2016

Hines Global REIT II to acquire 2 Ohio shopping centers in $190M deal

Hines Global REIT II to acquire 2 Ohio shopping centers in $190M deal September 22, 2016 | By Pam Rosacia | SNL Hines Global REIT II Inc. agreed to acquire two adjacent shopping centers in Cincinnati for $190.0 million, excluding transaction costs and working capital reserves. The properties, Rookwood Pavilion and Rookwood Commons, total 600,071…
106 North American real estate companies increase dividends YTD September 28, 2016

106 North American real estate companies increase dividends YTD

106 North American real estate companies increase dividends YTD September 2016 | Andrew Barnes | S&P Global Editor's note: This Data Dispatch is updated on a recurring basis. Click here to view these charts in Excel format, and for further dividend analysis, use the Real Estate Dividends Template in SNL's Template Library. Year-to-date through Sept.…
Global Net Lease Deal to Acquire Sister REIT Moves Ahead September 28, 2016

Global Net Lease Deal to Acquire Sister REIT Moves Ahead

Global Net Lease Deal to Acquire Sister REIT Moves Ahead Stock Transaction Creates Combined Net Lease REIT with $3.3 Billion Enterprise Value September 26, 2016 | By Mark Heschmeyer | CoStar Global Net Lease Inc.’s (NYSE:GNL) proposed acquisition of all of the outstanding common stock of non-traded REIT American Realty Capital Global Trust II Inc.…
Mall Owners Go on Defensive to Rescue Aéropostale September 28, 2016

Mall Owners Go on Defensive to Rescue Aéropostale

Mall Owners Go on Defensive to Rescue Aéropostale Landlords’ unusual strategy aims to hold on to tenant’s stores and avoid a liquidation Aéropostale filed for chapter 11 bankruptcy protection in May and later faced the threat of liquidation. Simon Property Group counts 160 Aéropostale stores and General Growth Properties has 77 in their respective tenant…
Securities America acquires another broker-dealer September 27, 2016

Securities America acquires another broker-dealer

Securities America acquires another broker-dealer Purchase of Wall Street Financial Group is the firm's ninth and second in as many months Sep 26, 2016 @ 9:36 am | By Bruce Kelly| Investment News For the second time in as many months, Securities America Inc. said it was acquiring the assets of another broker-dealer. Securities America,…

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