Asset Manager News
As real estate prices soar, so does fundraising at Inland unit March 25, 2016

As real estate prices soar, so does fundraising at Inland unit

March 18, 2016 | By Alby Gallun | Chicago Real Estate Daily Inland Group is known for its public real estate companies, but its private side is making some noise these days. The sprawling Oak Brook real estate conglomerate is on track to raise $600 million this year through Inland Private Capital, a business that raises money…
Franklin Square Completes a Record Year, Closes on $1.9 Billion of Private Deals in the 4th Quarter March 24, 2016

Franklin Square Completes a Record Year, Closes on $1.9 Billion of Private Deals in the 4th Quarter

Amid capital market volatility, the FS direct lending platform supports 16 middle market companies  PHILADELPHIA, March 24, 2016  -- Franklin Square Capital Partners (Franklin Square), a leading alternative investment manager and the largest manager of business development companies (BDCs), announced that its BDC direct lending platform committed over $1.9 billion to private deals in the…
Triton Pacific Expands Footprint Into Orange County, CA and Richmond, VA March 24, 2016

Triton Pacific Expands Footprint Into Orange County, CA and Richmond, VA

Triton Pacific Capital Partners announced the official opening of its Capital Markets office in Laguna Niguel, CA, effective March 1, 2016. Our Investor Relations and Operations office located in Richmond, VA, initially opened in July of 2012, has recently moved offices as of December 2015. “We are excited to expand Triton Pacific’s footprint into both…
Phillips Edison Grocery Center REIT II, Inc. and TPG Real Estate Announce Partnership March 24, 2016

Phillips Edison Grocery Center REIT II, Inc. and TPG Real Estate Announce Partnership

CINCINNATI AND NEW YORK – March 23, 2016 – Phillips Edison Grocery Center REIT II, Inc. and TPG Real Estate, the real estate platform of leading global private investment firm TPG, today announced the formation of a partnership (the “Partnership”) to acquire high-quality, value-added grocery-anchored shopping centers throughout the United States. The Partnership will invest…
Denver co. boosts Houston presence with massive industrial acquisition March 23, 2016

Denver co. boosts Houston presence with massive industrial acquisition

Mar 22, 2016, 8:21am CDT | Laura Furr | Houston Business Journal A Denver-based company has purchased close to 200,000 square feet of industrial space in Houston as part of a larger deal spanning across Texas, Kentucky and Oklahoma. Industrial Property Trust purchased the building at 302 West Road, near the convergence of Beltway 8 and Interstate…
Carey Watermark Investors 2 Declares $10.53 NAV, Adjusts Share Prices March 23, 2016

Carey Watermark Investors 2 Declares $10.53 NAV, Adjusts Share Prices

Mar 22 2016 | by DI Wire Carey Watermark Investors 2 Inc., a publicly registered non-traded real estate investment trust sponsored by WP Carey (NYSE: WPC), announced that its board of directors determined an estimated per share value of $10.53 for the company’s common stock, as of December 31, 2015. The NAV was calculated by…
Corporate Capital Trust Reports 2015 Results March 22, 2016

Corporate Capital Trust Reports 2015 Results

Orlando, Fla., March 21, 2016 (GLOBE NEWSWIRE) -- Corporate Capital Trust (the “Company”), a business development company that provides individuals the opportunity to invest in the debt of privately owned American companies, announced its operating results for the year ended Dec. 31, 2015. Corporate Capital Trust will host its earnings call to discuss these results…
Lightstone Value Plus REIT III Buys Michigan Hotel for $10.5 Million March 22, 2016

Lightstone Value Plus REIT III Buys Michigan Hotel for $10.5 Million

Mar 21 2016 | Article by: DI Wire Lightstone Value Plus REIT III, a publicly registered non-traded real estate investment trust, purchased the Hampton Inn – Lansing in Michigan for $10.5 million, or $122,000 per room. The 86-room select service hotel was built in 2013, and the company expects to invest $500,000 for renovations and…
RCS Capital, Cetera and Lightyear reach settlement over executive poaching March 22, 2016

RCS Capital, Cetera and Lightyear reach settlement over executive poaching

Lightyear will not employ former executives from RCS and Cetera until September or until RCS bankruptcy plan is effective Mar 21, 2016 @ 12:12 pm | By Bruce Kelly | Investment News RCS Capital Corp. and its brokerage unit, Cetera Financial Group, have reached a settlement with Lightyear Capital in a dispute over Lightyear's poaching of Cetera's…

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