Asset Manager News
REIT returns strong, allocations remain low, study finds June 29, 2016

REIT returns strong, allocations remain low, study finds

    REIT returns strong, allocations remain low, study finds BY ARLEEN JACOBIUS | JUNE 27, 2016 | Pensions & Investments Real estate investment trusts can't get any love from institutional investors. While REITs had the highest average net return, investors had the lowest allocation to the securities, on average just 0.6% of total assets,…
KBS REIT III renews lease at Anchor Centre June 29, 2016

KBS REIT III renews lease at Anchor Centre

    KBS REIT III renews lease at Anchor Centre Posted June 28, 2016 by AZRE | AZ Big Media KBS Real Estate Investment Trust III (“KBS REIT III”), a non-traded real estate investment trust based in Newport Beach, California, announced the renewal of a 16,194-square-foot lease by Northwestern Mutual, a financial planning company, at Anchor Centre.…
Carey Watermark Investors 2 Acquires Le Méridien Arlington June 29, 2016

Carey Watermark Investors 2 Acquires Le Méridien Arlington

      Carey Watermark Investors 2 Acquires Le Méridien Arlington 154-room top performing hotel centrally located in Washington, DC region June 29, 2016 07:48 ET from Carey Watermark Investors 2 NEW YORK, June 29, 2016 /PRNewswire/ -- Carey Watermark Investors 2, Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in…
New York REIT Dissidents Propose Five-Person Slate for Board June 29, 2016

New York REIT Dissidents Propose Five-Person Slate for Board

    New York REIT Dissidents Propose Five-Person Slate for Board June 27, 2016 — 10:13 AM EDT | David M Levitt | Bloomberg A group of dissident New York REIT investors proposed a five-person slate of candidates to replace board members backing the company’s merger with JBG Cos., a closely held owner of Washington-area properties. The…
Griffin Institutional Access Real Estate Fund Announces Second Quarter Distribution June 28, 2016

Griffin Institutional Access Real Estate Fund Announces Second Quarter Distribution

    Griffin Institutional Access Real Estate Fund Announces Second Quarter Distribution   EL SEGUNDO, Calif., June 24, 2016 (GLOBE NEWSWIRE) -- Griffin Capital Corporation announced today on behalf of Griffin Institutional Access Real Estate Fund (NASDAQ:GIREX) (NASDAQ:GCREX) (NASDAQ:GRIFX) the second quarter distribution of $0.350 for Class A, $0.348 for Class C, and $0.351 for…
NorthStar Income II Originates $21.6 Million Senior Loan June 28, 2016

NorthStar Income II Originates $21.6 Million Senior Loan

    NorthStar Income II Originates $21.6 Million Senior Loan Jun 27, 2016, 08:00 ET from NorthStar Real Estate Income II, Inc. NEW YORK, June 27, 2016 /PRNewswire/ -- NorthStar Real Estate Income II, Inc. (NorthStar Income II) announced today that, through a subsidiary of its operating partnership, it originated a $21.6 million senior loan secured by…
The Coming Uber Revolution And REITs June 28, 2016

The Coming Uber Revolution And REITs

      The Coming Uber Revolution And REITs JUNE 27, 2016 | BY PAUL BUBNY | GlobeSt.com “The coming revolution in transportation will be a game-changer in real estate,” begins a new report from Green Street Advisors. The Newport Beach, CA-based advisory firm predicts that the future popularity of ride-hailing services such as Uber and…

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