Asset Manager News & Perspectives

August 16, 2023

SmartStop Self Storage REIT, Inc. Reports Second Quarter 2023 Results

SmartStop Self Storage REIT, Inc. (“SmartStop” or “the Company”), a self-managed and fully-integrated self storage company, announced its overall results for the three months and six months ended June 30, 2023...

August 16, 2023

Sweden’s SBB Weighs IPO of $3.4 Billion Residential Unit

SBB, the embattled developer at the center of Sweden’s property crisis, is considering carving out its entire residential business with a portfolio of 36.5 billion kronor ($3.4 billion) for an initial public offering, according to a person familiar with the matter...

August 15, 2023

Atlantic Pacific Companies and GTIS Partners Announce Joint Venture for New Development in Miami

"This new venture provides us the opportunity to invest in a significant Class A multifamily development in a location of tremendous growth in the Downtown Miami market."

August 11, 2023

Sealy & Co. Purchases 265,700 SF Iowa Warehouse

Sealy & Co. has continued its midwestern industrial expansion with the purchase of Building A of the Altus Commerce Center, a 265,700-square-foot Class A warehouse and distribution center in Altoona, Iowa.

August 9, 2023

The True Life Companies Expands Capital Group with Two Highly Tenured Appointments

The True Life Companies (TTLC) , a real estate investment firm focused on repurposing underutilized property to create new attainable housing options in high-need U.S. markets, announced that it has added two senior professionals to its wholesale operation, The True Life Capital Group...

August 8, 2023

Capital Square Fully Subscribes DST Offering of Multifamily Build-for-Rent Community Near Raleigh, North Carolina

Capital Square Fully Subscribes DST Offering of Multifamily Build-for-Rent Community Near Raleigh, North Carolina August 3, 2023 | Capital Square Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today that its offering, CS1031 Ashford Townes BFR Housing, DST, has been fully subscribed.…

August 3, 2023

Investors Looking To Seize On Depressed Property Valuations Create New Crop Of REITs National

It may seem like an odd time to launch a new commercial property venture, with interest rates at a 22-year high and valuations of basically every property type dropping, but a fresh wave of nontraded REITs has arrived to take advantage of those very same conditions...

August 3, 2023

SmartStop Self Storage Sponsors ‘Flight for Hope’ Round-the-World Journey

SmartStop Self Storage REIT Inc., a self-managed real estate investment trust, is sponsoring the plane for Flight for Hope, a round-the-world journey by Callum Wallace to raise awareness and funds for the nonprofit Home Suite Hope and other charities. An advisor at real estate firm Engel & Völkers Oakville, Wallace is the fourth Canadian to…

August 2, 2023

Blackstone & QTS to spend $8bn building new data centers, as investor prepares for “once in a generation” AI boom

Blackstone’s $68 billion flagship property fund is selling assets and preparing to spend billions on data centers. The Financial Times reports that the Blackstone Real Estate Income Trust, or Breit, plans to pump $8bn into building new data centers through its asset QTS Data Centers, as it predicts a surge in artificial intelligence workloads...