Asset Manager News & Perspectives

December 13, 2023

Hines Closes $152M DST Offering for Houston Tower

The asset was sourced by Hines Global Income Trust Inc., a division of Hines which acquired the Class A office building in July 2022 from Stonelake Capital Partners for $145 million.

December 11, 2023

JLL Income Property Trust Sells Uptown Charlotte Apartment Community

At $2.9 billion, residential investments – across 25 apartment communities and 4,400 single-family rental homes – account for 44% of Income Property Trust’s overall portfolio.

December 8, 2023

GTIS-Owned Property Secures Five Leases at Forsyth County Industrial Development

Lincoln Property Company Southeast (Lincoln) has secured five leases at Forsyth 400 Commerce Center, a two-building industrial complex in Cumming, Georgia.

December 7, 2023

Blackstone Redemption Requests Down to a Trickle

BREIT reported that its received $1.8B in redemption requests in November, an 18% drop from the previous month and a 66% decline from January, when the withdrawal requests peaked.

December 5, 2023

Cove Capital Investments Fully Subscribes Its Debt-Free Cove Essential Net Lease 58 Delaware Statutory Trust Portfolio

Kay explained that the Cove Essential Net Lease 58 DST is an all-cash/debt free, zero leverage offering for 1031 Exchange and Direct Cash Investors...

December 5, 2023

StratCap Secures Portfolio of 72 Cell Towers

StratCap continues to expand its footprint in the digital infrastructure sector and believes the StratCap Wireless team’s significant experience as operators in the wireless arena has had a significant impact on the Company’s success...

December 5, 2023

CIM Real Assets & Credit Fund Announces Significant Reduction in Incentive Fee

The increase in the distribution rate reflects increasing income on CIM RACR’s floating rate real estate and credit investments and the expectation of improving net operating income on its real estate equity investments from recent strong leasing activity.

December 5, 2023

The Consequences of Cash

Investors may often hear that “cash is king,” but holding on to too much cash and staying out of both private and public investments may have serious repercussions on an investor’s portfolio.

November 30, 2023

Leitbox Storage Partners LLC Thrives with Notable Pension Fund Investments

Leitbox's innovative market approach, which encompasses a diverse array of strategies including development, mixed-use development, conversions, and strategic value-add acquisitions, has markedly enhanced its standing and appeal within the sector.