Asset Manager News & Perspectives

January 4, 2018

Alt investments on the rise among RIAs

Based on the success of the RIA industry, the trend of breakaway advisers interested in exploring the independent channel continues to gain momentum.

January 4, 2018

CNL Healthcare Properties II Acquires On-Campus Medical Office Building

NL Healthcare Properties II, a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, has purchased an on-campus medical office building in Overland Park, Kansas, for approximately $14 million.

January 4, 2018

Starwood Real Estate Income Trust’s $5 Billion NTR Offering Declared Effective

The SEC declared Starwood REIT’s $5 billion initial public offering effective on December 27, 2017.

January 4, 2018

InPoint Commercial Real Estate Income, Inc. Announces Origination of $12 Million First Mortgage Loa

InPoint Commercial Real Estate Income, Inc. (“InPoint”), a commercial mortgage real estate investment trust sub-advised by an affiliate of Sound Point Capital Management, LP, announced today that, through its operating partnership, it originated a first mortgage loan for the refinancing of a Class-A office building (the “Property”) located in the Eisenhower Avenue Corridor of Alexandria,…

January 3, 2018

U.S. Apartment Vacancy Rate Up Slightly in Q4 2017

The US apartment vacancy rate increased slightly in the fourth quarter from the third as supply exceeded demand, according to a report from Reis Inc.

January 3, 2018

Former CNL Execs Launch Impact Investments Firm

Former CNL veterans Jeff Shafer and his brother Jonathan Shafer have launched CommonGood Capital, a financial services firm that focuses on raising capital for impact investments.

January 3, 2018

KBS Strategic Opportunity REIT, Inc. to Nominate Three to Whitestone REIT Board

KBS SOR Properties LLC, a wholly owned subsidiary of California-based KBS Strategic Opportunity REIT Inc., submitted a notice on December 28 that it plans to nominate three people to the Houston-based real estate investment trust’s board of trustees at its 2018 annual meeting, according to a Whitestone press release.

January 3, 2018

Hines Global REIT to Pay $1.05 Special Distribution and Announces $8.98 NAV per Share

In December 2017, the board of directors of Hines Global REIT, Inc. authorized the Company to declare a distribution of $1.05 per share to all stockholders of record as of December 30, 2017, to be funded in part from the net proceeds received from the strategic sale of six assets during 2017.