Asset Manager News & Perspectives

December 20, 2016

Apple Hospitality REIT Reaping Benefits from Acquisition

Apple Hospitality REIT Reaping Benefits from Acquisition 12/13/2016 | By Sarah Borchersen-Keto | REIT.com [caption id="attachment_11598" align="alignnone" width="483"] Click "Read Full Article Located Here" button below to view this video.[/caption] Justin Knight, president and CEO of Apple Hospitality REIT (NYSE: APLE), joined REIT.com for a CEO Spotlight video interview at REITWorld 2016: NAREIT’s Annual…

December 15, 2016

After Macy’s deal, affiliated investors sell downtown office buildings for $33.4M

After Macy's deal, affiliated investors sell downtown office buildings for $33.4M Dec 8, 2016, 6:00am PST | Jon Bell | Portland Business Journal An affiliate of the company that just a few weeks ago bought five floors of the iconic Meier & Frank Building in Portland has now sold one of its other downtown assets…

December 15, 2016

Industrial Property Trust Buys Former Tacoma Sawmill for New Development

Industrial Property Trust Buys Former Tacoma Sawmill for New Development POSTED ON DECEMBER 13, 2016 BY NELLIE DAY | Rebusiness Online TACOMA, WASH. — Industrial Property Trust (IPT) has purchased a 58-acre former sawmill in Tacoma for an undisclosed sum. The space is located at 733 E. 11th St. IPT plans to build a 1.1 million-square-foot…

December 15, 2016

The Pack Rat Indicator: Why Hoarding Is a Good Sign

The Pack Rat Indicator: Why Hoarding Is a Good Sign No longer just for death, disaster, and divorce, self-storage construction is booming as Americans buy more stuff. December 13, 2016, 4:00 AM EST | by Patrick Clark | Bloomberg For John Bull, a Portland, Ore.-based contractor who specializes in self-storage centers, a typical day entails supervising…

December 15, 2016

Members of Donald Trump’s DOL landing team oppose fiduciary rule

Members of Donald Trump's DOL landing team oppose fiduciary rule While the president-elect's pick to head DOL hasn't said anything about the rule, others on the team have objected to it Dec 14, 2016 @ 1:23 pm | By Mark Schoeff Jr | Investment News Although President-elect Donald Trump's nominee for secretary of labor may be a…

December 15, 2016

Is the traditional full-commission nontraded REIT on the way out?

Is the traditional full-commission nontraded REIT on the way out? December 8, 2016 | by Thomas Yeatts | S&P Global Market Intelligence More and more nontraded REITs are looking to convert to daily net asset value, or daily NAV, REITs, a next-generation nonlisted product that gives investors the benefits of direct real estate investment but…

December 14, 2016

Chamber’s CEO: ‘Already Working’ With Trump to Kill DOL Fiduciary Rule

Chamber’s CEO: ‘Already Working’ With Trump to Kill DOL Fiduciary Rule DECEMBER 12, 2016 | by Melanie Waddell | ThinkAdvisor U.S. Chamber of Commerce is ‘urging immediate action to undo’ the rule, Thomas Donohue says The U.S. Chamber of Commerce is “already working” with Trump administration transition officials to “undo” the Department of Labor’s fiduciary…

December 14, 2016

Preferred Apartment Communities, Inc. Announces Agreement to Acquire a Class A Office Building in Atlanta, Georgia

Preferred Apartment Communities, Inc. Announces Agreement to Acquire a Class A Office Building in Atlanta, Georgia December 8, 2016 | Source Preferred Apartment Communities, Inc. | Tucson News Now SOURCE Preferred Apartment Communities, Inc. ATLANTA, Dec. 8, 2016 /PRNewswire/ -- Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that on December 2,…

December 14, 2016

Industrial real estate market is at top of its game, says JLL

Industrial real estate market is at top of its game, says JLL By Jeff Berman, Group News Editor · December 8, 2016 | Logistics Manager The industrial real estate firm pointed to myriad factors for better than good market conditions in 2016, which it said are likely to continue in 2017, including: low interest rates,…