Asset Manager News & Perspectives

June 9, 2017

Industrial Investors Drawn To Non-Traditional Locations

Industrial Investors Drawn To Non-Traditional Locations CHICAGO—Distribution has changed, and many properties in out-of-the-way locations have assumed tremendous importance in some firms’ operations. June 7, 2017 | by BRIAN J. ROGAL | GlobeSt.com CHICAGO—A Chicago-based team from Avison Young just completed the sale of an 851,370-square-foot General Electric Co. lighting distribution facility in Cleveland, TN. Although it…

June 7, 2017

Nashville’s Supply Side Shines

Nashville’s Supply Side Shines June 6, 2017 | by Evelina Croitoru | Commercial Property Executive With strong demand fueled by robust population gains and consistent job growth, the market remains a hot ticket. Investors acquired more than $1 billion in apartments in 2016, according to Yardi Matrix. Nashville’s multifamily fundamentals continue to be solid on most…

June 7, 2017

Medley Announces Sierra Total Return Fund Now Available to Investors

Medley Announces Sierra Total Return Fund Now Available to Investors June 6, 2017 | Medley Management Inc NEW YORK, June 06, 2017 (GLOBE NEWSWIRE) -- Medley Management Inc. ("Medley") (NYSE:MDLY), an alternative asset management firm, today announced that Sierra Total Return Fund (NASDAQ:SRNTX) (or the “Fund”) is now available to individual investors through Class T shares.…

June 7, 2017

Michael Ashner sets sights on another Schorsch REIT

Michael Ashner sets sights on another Schorsch REIT June 1, 2017 | by Rich Bockmann | TheRealDeal Michael Ashner’s Winthrop Realty Trust, one of the activist investors that last year successfully pushed for a change of leadership at the embattled New York REIT, has its sights set on another investment vehicle controlled by the scandal-plagued American Realty…

June 7, 2017

Shopping must-haves for Generations Y and Z are…

Shopping must-haves for Generations Y and Z are… May 30, 2017 | by DEENA M. AMATO-MCCOY | Chain Store Age New attitudes, behaviors and shopping preferences among Generation Z and Millennials are keeping retailers on their toes. Emerging in-store technologies and positive social media feedback are top priorities among both Generation Z and Millennial consumers. This…

June 7, 2017

Mark Goldberg to Resign from W.P. Carey

Mark Goldberg to Resign from W.P. Carey June 6, 2017 | The DI Wire W.P. Carey (NYSE: WPC), publicly traded real estate investment trust and sponsor of non-traded investment programs, announced that Mark Goldberg is resigning as managing director and president of investment management to pursue other interests, according to a filing with the Securities…

June 6, 2017

KBS Strategic Opportunity REIT sells 50 Congress Street for $79 million – Benedict and Sayles of HFF broker sale of 179,872 s/f office building

KBS Strategic Opportunity REIT sells 50 Congress Street for $79 million - Benedict and Sayles of HFF broker sale of 179,872 s/f office building June 2, 2017 | New England Real Estate Journal Boston, MA KBS Strategic Opportunity REIT, a non-traded real estate investment trust based in Newport Beach, CA, completed the sale of 50…

June 6, 2017

Carey Watermark Investors 2 Acquires the Charlotte Marriott City Center

Carey Watermark Investors 2 Acquires the Charlotte Marriott City Center June 2, 2017 | Carey Watermark Investors 2 NEW YORK, June 2, 2017 /PRNewswire/ -- Carey Watermark Investors 2 Incorporated (CWI 2), a non-traded real estate investment trust (REIT) focused on investing in lodging and lodging-related properties, announced that it has acquired the Charlotte Marriott City…

June 6, 2017

Are brokers really ready to be fiduciaries?

Are brokers really ready to be fiduciaries? There are plenty of legal risks and compliance pitfalls facing the securities industry following June 9, the official start date for the DOL fiduciary rule June 1, 2017 | by Bruce Kelly | InvestmentNews.com The Department of Labor's fiduciary rule for retirement accounts will take effect Friday, and advisers and…