Asset Manager News & Perspectives

February 27, 2017

Summit Healthcare REIT Updates Shareholders on Plans

Summit Healthcare REIT Updates Shareholders on Plans February 27, 2017 | by James Sprow | Blue Vault Summit Healthcare REIT filed a press release with the SEC on February 27, updating shareholders on its plans. The REIT plans to file its 10-K for 2016 with the SEC by March 31, 2017. Its current strategy is…

February 27, 2017

Retirement Preparedness Requires Course Corrections

Retirement Preparedness Requires Course Corrections Americans are feeling unprepared for retirement but are willing to take steps to ensure more financial security later in life. February 15, 2017 | by Rebecca Moore | PLANSPONSOR While most Americans realize retirement will be the biggest purchase of their lifetime—costing 2.5 times the cost of an average home—81% say…

February 27, 2017

Hines Global REIT Sells Brindleyplace Assets in U.K.

Hines Global REIT Sells Brindleyplace Assets in U.K. February 27, 2017 | by James Sprow | Blue Vault On February 23, Hines Global REIT has announced the sale of five buildings at Brindleyplace in Birmingham, UK to an entity owned by clients of HSBC Private Bank and advised by HSBC Alternative Investments (HAIL) for a…

February 23, 2017

Should the SEC Step in Where the DOL Has Faltered?

Should the SEC Step in Where the DOL Has Faltered? February 22, 2017 | by Thomas Coyle | Financial Advisor IQ There’s confusion over the prospects of Department of Labor’s new fiduciary rule for retirement accounts. And this tumult — spawned largely by a recent directive from U.S. President Donald Trump for a broad-based re-examination of federal…

February 23, 2017

U.S. House Prices Rise 1.5 Percent in Fourth Quarter

U.S. House Prices Rise 1.5 Percent in Fourth Quarter U.S. house prices rose 1.5 percent in the fourth quarter of 2016 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 6.2 percent from the fourth quarter of 2015 to the fourth quarter of 2016. FHFA’s seasonally adjusted monthly…

February 23, 2017

Hotel News Now Reports Increase in Hotel Rooms Construction Pipeline in January 2017

Hotel News Now Reports Increase in Hotel Rooms Construction Pipeline in January 2017 February 23, 2017 | by James Sprow | Blue Vault STR's Pipeline Report for January 2017, shows the U.S. reported 575,907 rooms in 4,763 hotel projects for the month, which was a 16.1% increase when compared to January 2016. In the,…

February 23, 2017

PIMCO Launches the PIMCO Flexible Credit Income Fund

PIMCO Launches the PIMCO Flexible Credit Income Fund February 22, 2017 09:00 ET | PIMCO Account Management NEWPORT BEACH, Calif., Feb. 22, 2017 (GLOBE NEWSWIRE) -- PIMCO, a leading global investment management firm, has launched the PIMCO Flexible Credit Income Fund, an interval fund that aims to generate attractive risk-adjusted returns and current income by investing…

February 23, 2017

CNL Healthcare Properties II Signs Agreement for First Acquisition

CNL Healthcare Properties II Signs Agreement for First Acquisition February 23, 2017 | by James Sprow | Blue Vault On February 22, CNL Healthcare Properties II, Inc., a non-traded real estate investment trust (REIT) focused on seniors housing and healthcare properties, announced a signed agreement with Summer Vista Assisted Living, LLC and Hardcourt Development No. 2,…

February 21, 2017

KBS Legacy Partners Apartment REIT Agrees to Lower Sales Price for Wesley Village

KBS Legacy Partners Apartment REIT Agrees to Lower Sales Price for Wesley Village February 21, 2017 | by James Sprow | Blue Vault The sales agreement for the sale of Wesley Village in Charlotte, North Carolina, and an adjacent 3.8 acre parcel of land by KBS Legacy Partners Apartment REIT to Bluerock Real Estate, LLC…