Asset Manager News & Perspectives

January 3, 2017

JLL Income Property Trust Acquires Third Fully-Leased Pinole Point Warehouse in San Francisco Bay Area

JLL Income Property Trust Acquires Third Fully-Leased Pinole Point Warehouse in San Francisco Bay Area Chicago (December 30, 2016) – JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), today announced the acquisition of a third fully leased Class-A, state-of-the-art warehouse at Pinole Point Distribution Center. This 41,000 square…

December 20, 2016

BRG Sells Class A Orlando Apartments for $52M; Achieves 1.8x Return on Equity

BRG Sells Class A Orlando Apartments for $52M; Achieves 1.8x Return on Equity New York, NY (December 20th, 2016) – Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG” or the “Company”) announced today that it has closed on the sale of its EOS Orlando Apartments property (“EOS”), located in Orlando, Florida. The property, which…

December 20, 2016

Griffin-American Healthcare REIT IV Acquires Evendale Medical Office Building Near Cincinnati

Griffin-American Healthcare REIT IV Acquires Evendale Medical Office Building Near Cincinnati Monday, December 19, 2016 6:00 PM UTC CINCINNATI, Dec. 19, 2016 -- American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Evendale Medical Office Building, an approximately 66,000-square-foot medical office building in…

December 20, 2016

First Capital Announces Strategic Sale

First Capital Announces Strategic Sale - First Capital to Contribute Two Properties in Exchange for OP Units Convertible into Shares of Common Stock NEWS PROVIDED BY First Capital Real Estate Trust Incorporated Dec 19, 2016, 16:18 ET NEW YORK, Dec. 19, 2016 /PRNewswire/ -- First Capital Real Estate Trust Incorporated ("First Capital"), a Maryland public non-traded…

December 20, 2016

‘The Liquidity Is Still There’

‘The Liquidity Is Still There’ SOUTHFIELD, MI—Berkadia’s Ernie Katai considers the long-term implications of the Federal Reserve’s apparent new stance on rate increases from the standpoint of a lender. December 19, 2016 | by Paul Bubny | GlobeSt.com Over the past five days since the Federal Reserve’s Federal Open Market Committee closed out 2016 with…

December 20, 2016

Nontraded REIT Merger Announced

Nontraded REIT Merger Announced December 21, 2016, Updated 11:28am | by James Sprow | Blue Vault New York, December 20, 2016 – Global Net Lease Inc. (“GNL” or the “Company”)(NYSE: GNL)and American Realty Capital Global Trust II Inc. (“Global II”) announced today that, based on the final vote tally from each company’s special meeting of stockholders held earlier…

December 20, 2016

Finra enforcement chief Brad Bennett to resign

Finra enforcement chief Brad Bennett to resign Susan Schroeder, deputy head of enforcement, will take his place on an acting basis while regulator conducts a search for permanent replacement Dec 15, 2016 @ 10:53 am | By Mark Schoeff Jr. | Investment News Finra pursued broad, sweeping cases and also ramped up its crackdown on smaller violations…

December 20, 2016

InvenTrust Properties Welcomes New SVP

InvenTrust Properties Welcomes New SVP With more than 20 years of experience in financial and accounting, Adam Jaworski joins the company as senior vice president & chief accounting officer. December 14, 2016 | Commercial Property Executive Oak Brook, Ill.—InvenTrust Properties Corp. recently announced the appointment of Adam Jaworski as senior vice president & chief accounting…

December 20, 2016

DCT Industrial Trust CEO: Rates On The Rise | Mad Money | CNBC

DCT Industrial Trust CEO: Rates On The Rise | Mad Money | CNBC December 13, 2016 | CNBC With interest rates on the rise, many real estate investment trusts have been hurt. Jim Cramer spoke with the CEO of one REIT that has been able to buck the trend. Video Located Here