Asset Manager News & Perspectives

August 21, 2017

Hines Global REIT II Files Follow-On Offering to Become Perpetual NTR

Hines Global REIT II Files Follow-On Offering to Become Perpetual NTR August 21, 2017 | James Sprow | Blue Vault Hines Global REIT II Inc. filed for a second best-efforts offering of up to $2.50 billion of its common shares. The common stock subject to the follow-on offering is classified into class T, S, D…

August 17, 2017

The Quiet Moneymaker: Trailer Park REITs Are Averaging 27% Annual Returns

The Quiet Moneymaker: Trailer Park REITs Are Averaging 27% Annual Returns August 4, 2017 | Bisnow | Forbes Manufactured home communities have turned a corner for the better. Commonly referred to as “trailer parks,” these communities have evolved beyond the negative stigma that plagued them in the past. Many of these housing communities resemble high-end…

August 17, 2017

The states with the most AUM

The states with the most AUM August 10, 2017 | Harry Zhang | Financial Planning Though Miami and New York are coastal magnets for advisers, those who have made the Midwest home have reaped trillions in assets. The region is rich with wealthy families and thriving businesses — and advisory firms can speak to its…

August 17, 2017

MVP REIT II Shareholders to Vote on Charter Amendments Related to Potential Listing

MVP REIT II Shareholders to Vote on Charter Amendments Related to Potential Listing August 17, 2017 | James Sprow | Blue Vault MVP REIT I and MVP REIT II entered into a merger agreement on May 26, 2017, pursuant to which each common shareholder of MVP I would receive 0.365 shares of common stock of…

August 17, 2017

Guggenheim Partners Investment Management to Replace Carey Credit Advisors at Carey Credit Income Fund

Guggenheim Partners Investment Management to Replace Carey Credit Advisors at Carey Credit Income Fund August 16, 2017 | James Sprow | Blue Vault In connection with the recent announcement by W. P. Carey Inc., the parent of Carey Credit Income Fund's investment advisor Carey Credit Advisors, LLC (the "Advisor"), of its decision to exit…

August 16, 2017

Who Is Using Flexible Office Space?

Who Is Using Flexible Office Space? August 14, 2017 | Kelsi Maree Borland | GlobeSt.com The short answer: everyone. From freelancers to corporations, all user types are finding value in flexible office space. The demand for flexible office space is growing rapidly and from an amalgam of users. In addition to start-ups and tech companies, which have traditionally…

August 16, 2017

Why Some Developers Choose Hollywood Over DTLA

Why Some Developers Choose Hollywood Over DTLA August 15, 2017 | Kelsi Maree Borland | GlobeSt.com Hollywood and Downtown L.A. are two houses, both alike in dignity, in fair Los Angeles, where we lay our scene—but are they really enemies, competing for investor and developer attention? The two submarkets are nearly neighbors and both are going…

August 16, 2017

LPL Financial buys NPH, a broker-dealer network with 3,200 advisers

LPL Financial buys NPH, a broker-dealer network with 3,200 advisers August 15, 2017 | Bruce Kelly | Investment News After weeks of speculation, LPL Financial said on Tuesday it had completed the purchase of National Planning Holdings Inc., an independent broker-dealer network with 3,200 advisers. The deal is structured as an asset purchase with an initial price of…

August 16, 2017

Summit Healthcare REIT Purchases Interest in Nine Skilled Nursing Facilities

Summit Healthcare REIT Purchases Interest in Nine Skilled Nursing Facilities August 15, 2017 | James Sprow | Blue Vault Summit Healthcare REIT Inc. purchased an interest in nine skilled nursing facilities in the U.S. Northeast for $60 million. The facilities have a total of 1,285 licensed beds and will be leased back to the existing…