Nicholas Radesca Joins Global Net Lease as CFO Updated January 10, 2016 3:45pm | January 9, 2017 | by James Sprow | Blue Vault [caption id="" align="alignnone" width="120"] Nick Radesca - Photo from AR Global Leadership Team Page.[/caption] Nicholas Radesca will join Global Net Lease as its new CFO, treasurer and secretary, effective January…
Asset Manager News & Perspectives
US REITs, REOCs Prepared for Uncertainty Ahead
US REITs, REOCs Prepared for Uncertainty Ahead January 4, 2016 | by Philip Kibel | Commercial Property Executive By Philip Kibel, Associate Managing Director, Moody's Investors Service: Despite Moody's expectation that the performance of U.S. REITs and REOCs will be stable in 2017, here are the key credit issues to watch for in the year…
January 9, 2017
NorthStar/RXR New York Metro Real Estate Acquires Manhattan Office Building
NorthStar/RXR New York Metro Real Estate Acquires Manhattan Office Building January 9, 2016 | by James Sprow | Blue Vault On December 29, 2016, NorthStar/RXR New York Metro Real Estate, Inc., a nontraded REIT, through a subsidiary of its operating partnership, completed a $2.5 million follow-on investment, including closing costs, in 1285 Avenue of the…
January 6, 2017
CION Investment Corporation Reduces Sales Load
CION Investment Corporation Reduces Sales Load January 6, 2017 | by James Sprow | Blue Vault CION Investment Corporation (CIC) announced on January 3, 2017, a reduction in the sales load for their continuous public offering of common stock from 10% to 5% and a reduction in the dealer manager fee from 3% to 2%.…
January 5, 2017
Trump adviser, Nasdaq CEO among 2016’s most influential in financial services
Trump adviser, Nasdaq CEO among 2016's most influential in financial services Dec 30, 2016 | By Matthew Rybaltowski | S&P Global Market Intelligence A pair of political shocks stemming from the outcome of the U.S. presidential election and a landmark U.K. referendum dominated headlines in the financial services industry in 2016. The U.S. Department of Labor's…
January 5, 2017
Inland Real Estate Investment Corporation Announces Strategic Relationship with Sound Point Capital Management, LP
“We are excited to partner with Sound Point, given their well-respected and proven track record in credit strategies over multiple economic and market cycles,” said Mitchell Sabshon
January 5, 2017
Blackstone’s Nontraded REIT Has Broken Escrow
Blackstone Real Estate Income Trust, Inc. is a public non-traded real estate investment trust (REIT) focused on investing primarily in stabilized income-oriented commercial real estate in the United States.
January 5, 2017
NorthStar and Colony Merger Expected to Close January 10th
NorthStar and Colony Merger Expected to Close January 10th January 5, 2016 | by James Sprow | Blue Vault The shareholders of Colony Capital Inc., NorthStar Asset Management Group Inc. and NorthStar Realty Finance Corp. voted to approve the merger of the three companies on December 20, 2016. The merger was reported to be the…
Jay Clayton as Next SEC Chairman
Jay Clayton as Next SEC Chairman January 5, 2016 | by James Sprow | Blue Vault President-elect Donald Trump plans to nominate Jay Clayton, a partner in Sullivan & Cromwell LLP, to be the next chairman of the Securities and Exchange Commission. Clayton has worked with Wall Street firms to do M&A deals, prepare initial…
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