Asset Manager News & Perspectives

June 7, 2024

CIM Group Sells Goodyear Airport Portfolio, Two Fully Leased Industrial Buildings in Goodyear, AZ

The Goodyear Airport properties in Phoenix’s southwest valley are located in a designated Foreign Trade Zone and offer proximity to the I-10 freeway and a direct connection to the Ports of Los Angeles and Long Beach, Loop 303, Union Pacific Railroad, and Sky Harbor International Airport.

June 6, 2024

JLL Income Property Trust Fully Subscribes $95 Million Diversified DST

"Due to demographic tailwinds like a growing aging population, the healthcare sector continues to show strong fundamentals," said Allan Swaringen, President and CEO of JLL Income Property Trust.

June 6, 2024

KKR REIT makes moves to prop up its NAV

KKR Real Estate Select Trust, also known as KREST, is relatively small, with $1.2 billion in total assets, according to the company’s website.

June 5, 2024

WATCH: Investors Seeking Value Creation Fully Subscribe ExchangeRight’s Third Value-Add Portfolio

ExchangeRight’s value-creation strategy focuses on proactively increasing occupancy across the portfolio’s shopping centers and securing favorable renewals with existing tenants.

June 5, 2024

GTIS Partners Acquires Lot at Hardeeville Commerce Park in Savannah MSA

Acquiring this site positions GTIS to profit from the Port of Savannah’s continued volume growth fueled by drivers including the area’s...

June 4, 2024

KKR eyes Japanese private credit

KKR is not the only private credit manager to eye Japan, where firms are looking to seize on the opportunity to provide an alternative to bank loans.

June 4, 2024

Blackstone’s $59 Billion Property Trust Hit by Starwood Fallout

Total net returns at the Blackstone trust have fallen sharply since borrowing costs began climbing in early 2022.

June 4, 2024

John Hancock Closed-End Funds Declare Monthly Distributions

The John Hancock closed-end funds listed below declared their monthly distributions today as follows...

June 4, 2024

XAI Octagon Floating Rate & Alternative Income Trust Declares its Monthly Common Shares Distribution of $0.085 per Share

XAI Octagon Floating Rate & Alternative Income Trust has declared its regular monthly distribution of $0.085 per share on the Trust’s common shares to common shareholders of record as of June 17, 2024.