Asset Manager News & Perspectives

April 14, 2020

SEC Adopts Reforms for BDCs and Closed-End Funds

On April 8, 2020, the SEC voted to adopt rule amendments to implement certain provisions relating to business development companies (“BDCs”) and other closed-end funds. The new rules...

April 13, 2020

Marcus & Millichap Report: Needs-Based Retailers Announce Surge in Hiring Plans

Key Takeaways: • Despite record layoffs and unemployment claims, some retailers have announced efforts to hire thousands of...

April 13, 2020

Data Centers Present Rare Bright Spot For Tumbling REIT Stocks

For REIT investors—like most American businesses—the last 2 months have been bleak...

April 13, 2020

Highlands REIT Board Recommends Rejection of MacKenzie Realty $0.05 Mini-Tender

In a letter to shareholders on April 8, 2020, the Board of Directors of Highlands REIT unanimously recommended that shareholders reject the unsolicited offer by MacKenzie Realty Capital, Inc....

April 13, 2020

74% of CFOs Plan to Permanently Shift Some of Their Workforce to Remote Positions

CFOs are already thinking beyond the end of the coronavirus and have plans to shift at least some of their onsite workforce to remote positions, according to a survey of CFOs and finance leaders...

April 9, 2020

Hotel Occupancies Have Cratered. What Happens Next?

The good news for the hospitality sector is that occupancy rates likely won’t fall in the coming weeks. But that’s only because occupancies have already dropped...

April 9, 2020

ExchangeRight Welcomes Bill Cerelli to Sales Team

PASADENA, Calif. - ExchangeRight has announced the appointment of Bill Cerelli as senior vice president in the Eastern region. As a 21-year veteran of the financial industry, Cerelli will...

April 9, 2020

Blackstone REIT Share Pricing – Flattening the Curve

In the monthly pricing announcement filing with the SEC on March 20, 2020, Blackstone Real Estate Income Trust (“BREIT”) posted pricing for its four share classes for the month of...

April 9, 2020

Bluerock Capital Markets Announces Monthly Record Capital Inflows in March of $150 Million; Company Focusing on Virtual Relationship Management and Heightened Communication During COVID-19 Uncertainties

New York, NY (April 9, 2020) – Bluerock Capital Markets, LLC (“BCM” or “Company”), a distributor of institutional alternative investment products, and the dedicated dealer manager for...