Asset Manager News & Perspectives

September 17, 2024

LRT Company Launches $17 Million All-Cash DST Offering Near Hilton Head Island, SC

LRT Company has unveiled the LRT Hardeeville Senior Living DST, seeking to raise $17 million to develop a 154-unit assisted living and memory care facility in Hardeeville, SC, strategically located near Hilton Head Island.

September 17, 2024

Madison Capital Markets Welcomes Industry Veteran Rick Shearer as Executive Vice President

Madison Capital Markets has appointed Rick Shearer as Executive Vice President, leveraging his 25 years of experience in financial services to enhance broker-dealer relationships and expand the firm's presence in the Southeast.

September 17, 2024

CMCT Announces Actions to Accelerate Focus Towards Premier Multifamily Assets

CMCT is shifting its focus to premier multifamily assets while declaring a $0.04 quarterly dividend and implementing strategies to strengthen its balance sheet and liquidity.

September 12, 2024

Madison Capital Group Secures $34.3 Million Financing for Luxury Multifamily Development in the Research Triangle

Madison Capital Group has finalized $34.27 million in financing for Madison Aquiline, a luxury garden-style multifamily community in the Research Triangle, boasting upscale amenities like granite countertops, a state-of-the-art fitness center, and a resort-style pool, amidst a larger $3 billion mixed-use development.

September 12, 2024

ExchangeRight Adds Nick Johnson as Senior Vice President of the Mid-Pacific Region

ExchangeRight has appointed Nick Johnson as senior vice president of the Mid-Pacific region to enhance support for advisors and investors, joining Danny Carmona in managing the company's $6.1 billion real estate portfolio.

September 11, 2024

Madison Capital Group Promotes Rebecca Levell to Executive Managing Director and Development Partner

Madison Capital Group has promoted Rebecca Levell to Executive Managing Director and Development Partner for North Carolina and Virginia, recognizing her crucial role in developing over 2,500 multifamily units across a dozen projects, including her recent leadership on the $115 million, 320-unit Madison OMB project in Charlotte's South End.

September 9, 2024

Priority Income Fund Announces 11.7% Annualized Total Cash Distribution Rate (on Class R Offering Price) with “Bonus” and “Base” Common Shareholder Distributions for September through November 2024 and Declaration of Preferred Stock Distributions for September 2024

Priority Income Fund, Inc. has announced monthly cash distributions for September, October, and November 2024, offering an annualized total cash distribution of $1.34016 per share.

September 9, 2024

Bluerock Taps Former Morgan Stanley and Perella Weinberg Executive Michael McGrath as EVP, Head of Product Amidst Platform Expansion

Bluerock has appointed Michael McGrath as Executive Vice President and Head of Product to lead its product development and strategy, aiming to enhance investment solutions and capitalize on new opportunities.

September 9, 2024

HMC Capital Completes Acquisition of StratCap

StratCap, LLC has been successfully acquired by HMC Capital Limited, with HMC aiming to leverage StratCap’s capabilities to build a major digital infrastructure platform and accelerate growth.