Asset Manager News & Perspectives

January 24, 2017

2016 Sees Surge In Demand For Data Centers

2016 Sees Surge In Demand For Data Centers CHICAGO—And 2017 should see even more growth, as both the public and corporations flock to the cloud. January 20, 2017 | by BRIAN J. ROGAL | GlobeSt.com CHICAGO—The demand for data center space intensified throughout 2016, and with the public’s appetite for online videos and a growing corporate thirst for…

January 24, 2017

CNL Attorney to Speak at Corporate Governance Seminar

CNL Attorney to Speak at Corporate Governance Seminar Deputy general counsel to speak about record management and privacy issues January 23, 2017 14:29 ET | CNL Financial Group Orlando, Jan. 23, 2017 (GLOBE NEWSWIRE) -- Erin Gray, deputy general counsel of capital markets for CNL Financial Group, will speak at the Society for Corporate Governance Essentials…

January 24, 2017

Is Trump a threat to the fiduciary rule?

Is Trump a threat to the fiduciary rule? The financial services industry has spent months preparing for April 10 Jan 23, 2017 1:08 p.m. ET | by Robert Powell | MarketWatch While the Labor Department’s fiduciary rule is scheduled to take effect April 10, some experts predict that President Trump will somehow, someway put the kibosh on…

January 24, 2017

The one asset class that investment chiefs are avoiding as ‘Trumponomics’ arrive

The one asset class that investment chiefs are avoiding as ‘Trumponomics’ arrive Returns for government bonds will be sad, a poll of CIOs found Jan 24, 2017 4:08 a.m. ET | by Victor Reklaitis | MarketWatch Some 83% of respondents to a Financial News poll of chief investment officers said government bonds are set for poor returns…

January 24, 2017

CNL Growth Properties, Inc. Agrees to Sell Oxford Square Property and Will Announce NAV

CNL Growth Properties, Inc. Agrees to Sell Oxford Square Property and Will Announce NAV January 24, 2017 | James Sprow | Blue Vault On January 18, 2017, CNL Growth Properties, Inc. together with a joint venture agreed to sell Oxford Square, a 248-unit multifamily residential community, for approximately $65.7 million. The purchaser is the Howard County…

January 23, 2017

Resource America Announces Revised Interval Fund Fee Structures

Resource America Announces Revised Interval Fund Fee Structures January 20, 2017 10:00 AM Eastern Standard Time | BusinessWire PHILADELPHIA--(BUSINESS WIRE)--Resource America, Inc. (“Resource”) has revised the fee structures of the Resource Real Estate Diversified Income Fund (the “Diversified Income Fund”) and the Resource Credit Income Fund (the “Credit Income Fund”) to better serve investors.…

January 23, 2017

Carter Validus Mission Critical REIT II Revises Primary Offering Prices, Adds Share Class

Carter Validus Mission Critical REIT II Revises Primary Offering Prices, Adds Share Class January 24, 2017 | by James Sprow | Blue Vault As a result of the board of directors' determination of the estimated per share net asset value, or NAV, of $9.07 as of June 30, 2016 for each share of Class A…

January 23, 2017

Carey Watermark Acquires SF Ritz-Carlton

Carey Watermark Acquires SF Ritz-Carlton January 23, 2016 | by IvyLee Rosario | Commercial Property Executive San Francisco—Carey Watermark Investors 2 Inc. has acquired The Ritz-Carlton, San Francisco. The 18-column, nine-story landmark hotel in downtown San Francisco’s Nob Hill neighborhood was originally built in 1909 and designed by Napoleon Le Brun & Sons of New York. The hotel…

January 23, 2017

Griffin-American Healthcare REIT III Completed Acquisitions Totaling More Than $500 Million During 2016

Griffin-American Healthcare REIT III Completed Acquisitions Totaling More Than $500 Million During 2016 January 24, 2017 | by James Sprow | Blue Vault American Healthcare Investors, LLC and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT III, Inc., announced on January 20 that during 2016 the REIT completed property acquisitions totaling approximately $509.5 million…