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Asset Manager News

July 26, 2016

Carey Watermark Investors 2 Incorporated Announces Acquisition of San Diego Marriott

Carey Watermark Investors 2 Incorporated Announces Acquisition of San Diego Marriott [caption id="" align="alignnone" width="1024"] San Diego Marriott La Jolla (credit Mariott)[/caption] Carey Watermark Investors 2 Incorporated (CWI 2), a non-traded real estate investment trust (REIT), has announced its acquisition of the San Diego Marriott in La Jolla, California. The renovated asset, updated…

July 26, 2016

REITs and Real Estate Get a Second Wind

REITs and Real Estate Get a Second Wind 7/18/2016 | By Calvin Schnure | REIT.com The macroeconomic picture took a turn for the worse last winter. Global concerns prompted a sell-off in equity markets, while GDP growth disappointed in the first quarter and job growth showed signs of faltering. Trends in real estate…

July 26, 2016

Investments That Balance Offense, Defense

Investments That Balance Offense, Defense JULY 25, 2016 | BY PAUL BUBNY | GlobeSt.com A slowdown in growth for US GDP and jobs is seen as likely, and that will result in lower growth in real estate demand this year and next,LaSalle Investment Management says in its Mid-Year Investment Strategy Annual for 2016, issued…

July 26, 2016

Auto Sales, High Demand Lift Industrial Expectations in Detroit

Auto Sales, High Demand Lift Industrial Expectations in Detroit Jul 22, 2016 | Robert Carr Detroit’s industrial sector has surged right along with the success of the national market, and strong automotive sales and lack of new construction have pushed the city to a new low of 6 percent vacancy in the second quarter.…

July 25, 2016

Lofts at Highlands in St. Louis part of apartment portfolio for sale

Lofts at Highlands in St. Louis part of apartment portfolio for sale Jul 21, 2016 | St Louis Dispatch The California-based real estate investment trust that bought a St. Louis apartment complex in 2014 has it on the market as part of an 11-property portfolio. For sale along with 10 other developments is…

July 25, 2016

Carter Validus Adds Key Acquisitions to Mission Critical REIT II

Carter Validus Adds Key Acquisitions to Mission Critical REIT II July 26, 2016 | by Beth Glavosek | Blue Vault Carter Validus Mission Critical REIT II, Inc. (CVMC REIT II) announced this week that it has acquired several health care and technology-related properties, representing more than $56 million in investment. Consistent with the…

July 22, 2016

Why downtown San Jose shoppers lost this validated parking

Why downtown San Jose shoppers lost this validated parking 07/20/2016 | By Scott Herhold, sherhold@bayareanewsgroup.com | The Mercury News For several years now, Margie Bennett, a teacher who lives in the Naglee Park neighborhood of San Jose, has enjoyed shopping at the downtown Safeway, a midsized store on the ground floor of a high-rise at…

July 22, 2016

MoneyGuidePro creator releases DOL fiduciary-focused software

MoneyGuidePro creator releases DOL fiduciary-focused software Firms that use the tool will have a way to gauge if clients are invested to their best interests Jul 21, 2016 @ 12:59 pm | By Alessandra Malito | Investment News PIEtech, the creator of financial planning software MoneyGuidePro, has built a tool to see how well clients'…

July 22, 2016

Strategic Storage Growth Trust (SSGT) Reaches $50 Million Equity Mark; Can Now Receive Investments From Pennsylvania Residents

Strategic Storage Growth Trust (SSGT) Reaches $50 Million Equity Mark; Can Now Receive Investments From Pennsylvania Residents LADERA RANCH, CA--(Marketwired - Jul 21, 2016) - Strategic Storage Growth Trust, Inc. (SSGT), which is sponsored by SmartStop Asset Management, LLC, has raised more than $50 million in capital from investors across the United States…