Asset Manager News & Perspectives
Should REITs Worry About Section 1031 Repeal? August 7, 2017

Should REITs Worry About Section 1031 Repeal?

Should REITs Worry About Section 1031 Repeal? August 4, 2017 | Robert Beard | King and Spalding One of the headline proposals contained in the Republican Party’s “Better Way” blueprint for tax reform was immediate expensing of business investments. Although the Blueprint does not directly address like-kind exchanges, commenters immediately began to wonder what role,…
LPL Seen As Front-Runner To Buy National Planning Holdings’ B-D Network August 7, 2017

LPL Seen As Front-Runner To Buy National Planning Holdings’ B-D Network

LPL Seen As Front-Runner To Buy National Planning Holdings' B-D Network July 30, 2017 | FA-mag.com LPL Financial appears to be the likely winner in the bidding for Jackson National's 3,500-rep, broker-dealer network, National Planning Holdings (NPH). Although no deal has been announced, sources in the insurance industry said a transaction could be finalized imminently. LPL…
Phillips Edison Acquires Bakersfield Center August 7, 2017

Phillips Edison Acquires Bakersfield Center

Phillips Edison Acquires Bakersfield Center August 2, 2017 | Al Urbanski | ChainStoreAge.com Phillips Edison has acquired another grocery-anchored center, this on in Bakersfield, California.   Riverlakes Village is a 92,212-sq.-ft. neighborhood center anchored by Von’s Supermarket and augmented by a classic necessity-based mix of CVS, Verizon Wireless, Bank of America, Supercuts, Steak and Grape’s, and…
Cole Credit Property Trust V Follow-On Offering Declared Effective August 4, 2017

Cole Credit Property Trust V Follow-On Offering Declared Effective

  Cole Credit Property Trust V Follow-On Offering Declared Effective August 3, 2017 | by James Sprow | Blue Vault On August 1, 2017, a follow-on offering by Cole Credit Property Trust V of $1,500,000,000 in shares of common stock was declared effective by the SEC. Of these shares, the REIT is offering up to…
National Industrial Rents Hit All-Time High In Q2 August 4, 2017

National Industrial Rents Hit All-Time High In Q2

National Industrial Rents Hit All-Time High In Q2 July 26, 2017 | Champaign Williams  Historically low vacancy rates and a lack of available space pushed industrial real estate rents to record highs in the second quarter. JLL’s Q2 First Look At Industrial report said rents rose to $5.35/SF nationwide, an all-time high. Industrial markets have…
JLL Income Property Trust Acquires Premier Portland Apartments August 4, 2017

JLL Income Property Trust Acquires Premier Portland Apartments

JLL Income Property Trust Acquires Premier Portland Apartments [caption id="" align="alignnone" width="650"] JLL Income Property Trust Acquires Premier Portland Apartments - Jory Trail at the Grove[/caption]   CHICAGO, July 20, 2017 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), today announced the acquisition of Jory Trail at the Grove, a premier…
Resource Apartment REIT III, Inc. Purchases Apartment Community in Jacksonville, Florida and Announces Cash Distribution August 3, 2017

Resource Apartment REIT III, Inc. Purchases Apartment Community in Jacksonville, Florida and Announces Cash Distribution

Resource Apartment REIT III, Inc. Purchases Apartment Community in Jacksonville, Florida and Announces Cash Distribution August 02, 2017 10:00 AM   PHILADELPHIA--(BUSINESS WIRE)--On July 31, Resource Apartment REIT III, Inc. (the “REIT”), a non-traded real estate investment trust sponsored by Resource Real Estate, Inc., completed the purchase of Bay Club Apartments. Built in 1990, the…
Why REITs Still Deserve A Place In Your Portfolio August 2, 2017

Why REITs Still Deserve A Place In Your Portfolio

Why REITs Still Deserve A Place In Your Portfolio July 28, 2017 | StreetAuthority.com So far, it hasn't been a very good year for real estate investment trusts (REITs). However, this isn't to say these stocks have performed badly as a whole. So far this year, the Dow Jones Equity REIT Total Return Index is…

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