Asset Manager News & Perspectives

July 31, 2017

Apt. Rent Growth Breaks Slowdown Streak

Apt. Rent Growth Breaks Slowdown Streak June’s nationwide increase marked the first time since early 2016 in which the rate of year-over-year growth increased from the prior month, says Yardi Matrix. July 27, 2017 | PAUL BUBNY | GlobeSt.com SANTA BARBARA, CA—After decelerating for more than a year, US multifamily rents stepped on the gas in June,…

July 31, 2017

New Trophy Apartments Filling A Void

New Trophy Apartments Filling A Void Gateway cities are seeing a boom in class A apartment construction, but secondary metros also have some vibrant areas that can support new trophy properties. July 19, 2017 | BRIAN J. ROGAL | GlobeSt.com ST. LOUIS—Cities like Chicago have recently seen thousands of sleek new apartment units pop up near their…

July 27, 2017

FS Investments promotes Mike Kelly to president

FS Investments promotes Mike Kelly to president Will retain role as chief investment officer [caption id="" align="alignnone" width="800"] Mike Kelly[/caption] July 26, 2017 | InvestmentNews.com FS Investments has promoted Mike Kelly, currently its chief investment officer, to president. He will continue to lead the firm's investment efforts. The firm, based in Philadelphia, manages alternative assets and…

July 27, 2017

Investment Property Tax Statute Helps Grow U.S. Economy, Build Communities

Investment Property Tax Statute Helps Grow U.S. Economy, Build Communities July 27, 2017 | ANTHONY CHERESO For the first time in more than three decades, Washington is set to tackle a comprehensive overhaul of the U.S. tax code. If accomplished, American companies will have a competitive advantage with lower corporate tax rates, in addition to providing…

July 27, 2017

Real Estate Cycle Remains in Growth Phase, Professor Says

Real Estate Cycle Remains in Growth Phase, Professor Says July 20, 2017 | Reit.com Glenn Mueller, professor at the Burns School of Real Estate and Construction Management at the University of Denver, joined REIT.com for a video interview at REITWeek 2017: NAREIT’s Investor Forum at the New York Hilton Midtown. Mueller said he considers the real estate…

July 27, 2017

Transactions Slow In Still Active US Market

Transactions Slow In Still Active US Market Uncertainty at the start of the year helped cause a lull, but the uncertainty has faded, and acquisition pipelines are filling up. [caption id="" align="alignnone" width="620"] This Indianapolis industrial property recently hit the market. Secondary cities like this are increasingly popular, and industrial is the hottest sector.[/caption] …

July 25, 2017

Corporate Capital Trust II Secures First Credit Facility

Corporate Capital Trust II Secures First Credit Facility Orlando, Fla., July 18, 2017 (GLOBE NEWSWIRE) -- Corporate Capital Trust II, a business development company that offers individuals the unique opportunity to invest in the debt of privately owned American companies, has closed on a new credit facility of $70 million, lead and arranged by ING…

July 25, 2017

BACK-TO-SCHOOL AND BACK-TO-COLLEGE SPENDING TO REACH $83.6 BILLION

BACK-TO-SCHOOL AND BACK-TO-COLLEGE SPENDING TO REACH $83.6 BILLION July 13, 2017 | Ana Serafin Smith | NRF.com WASHINGTON – With consumer confidence rising and more young people in school, back-to-college spending is expected to hit an all-time high this year while back-to-school spending is expected to see its second-highest spending level on record, according to the National…

July 25, 2017

Which REIT Sector is Most Undervalued?

Which REIT Sector is Most Undervalued? July 18, 2017 | By Brad Case | Reit.com I’ve noted in other recent market commentaries that exchange-traded REITs seem to be undervalued, in the sense that multiple valuation metrics that have historically been reliable predictors of future total returns are in distinctly bullish ranges. For example, if the historical relationship between…