Asset Manager News & Perspectives

November 1, 2016

Blackstone reaches another AUM record, net income up nearly 50% in quarter

Blackstone reaches another AUM record, net income up nearly 50% in quarter OCTOBER 27, 2016 1:07 PM | BY MEAGHAN KILROY | Pensions & Investments Blackstone Group's assets under management grew to a record $361 billion as of Sept. 30, up 1.3% from three months earlier and up 8.1% from 12 months earlier, said the firm's…

October 31, 2016

Carter Validus continues buying spree

Carter Validus continues buying spree October 28, 2016 | BY: KEVIN MCQUAID | Business Observer With a deal to acquire a California data center operated by AT&T, Carter Validus Mission Critical REIT II has pushed its total 2016 purchases above $350 million, records show. The Tampa-based real estate investment trust, which specializes in medical office buildings,…

October 31, 2016

InvenTrust Properties Corp. Launches Tender Offer for Up to $200 Million of its Common Stock

InvenTrust Properties Corp. Launches Tender Offer for Up to $200 Million of its Common Stock October 27, 2016 08:30 AM Eastern Daylight Time OAK BROOK, Ill.--(BUSINESS WIRE)--InvenTrust Properties Corp. (“InvenTrust” or the “Company”) announced today that it is commencing a modified “Dutch Auction” self-tender offer (the “Offer”) to purchase for cash up to $200 million…

October 31, 2016

Bluerock’s Total Income+ Real Estate Fund Marks Fourth Year of Strong Risk-Adjusted Returns

"When we launched the Fund four years ago, we recognized that iPERE had been proven to enhance the risk/return profile of diversified portfolios by providing equity-like returns with the volatility profile of fixed income," explains Ramin Kamfar

October 31, 2016

Griffin Capital Essential Asset REIT Announces Estimated Value Per Share of $10.44

Griffin Capital Essential Asset REIT Announces Estimated Value Per Share of $10.44 October 27, 2016 16:41 ET | Source: Griffin Capital [caption id="" align="alignnone" width="300"] Dreamworks Animation's Headquarters and Studio Campus in Glendale, California[/caption] EL SEGUNDO, Calif., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Griffin Capital Corporation (“Griffin Capital”) announced today that the board of directors…

October 31, 2016

W.P. Carey’s Goldberg straightens out adviser misconceptions about DOL fiduciary rule

W.P. Carey's Goldberg straightens out adviser misconceptions about DOL fiduciary rule Executive has been listening to advisers' worries for months, and finds serious confusion remains about responsibilities under the new regulation Oct 31, 2016 @ 12:42 pm | By Bruce Kelly | Investment News Mark Goldberg, president of investment management at W.P. Carey Inc., has been listening…

October 31, 2016

Schwarzman: Blackstone an ‘army that’s moving forward on all fronts’

Schwarzman: Blackstone an 'army that's moving forward on all fronts' Thursday, October 27, 2016 1:38 PM ET | By Matt Blumenfeld | S&P Global Research Even as its mountain of dry powder grows to more than $100 billion, alternative asset manager Blackstone Group LPexpects more capital to flood in as institutional and retail investors alike seek better…

October 27, 2016

American Realty Capital – Retail Centers Of America, Inc. Announces Expiration Of “Go Shop” Period

American Realty Capital - Retail Centers Of America, Inc. Announces Expiration Of "Go Shop" Period NEWS PROVIDED BY American Realty Capital - Retail Centers of America, Inc. Oct 24, 2016, 06:00 ET NEW YORK, Oct. 24, 2016 /PRNewswire/ -- American Realty Capital – Retail Centers of America, Inc. (the "Company") today announced the expiration of the…

October 27, 2016

AR Global Terminated as Advisor to New York REIT

AR Global Terminated as Advisor to New York REIT Oct 26 2016 | By DI Wire New York REIT Inc. (NYSE: NYRT), a former non-traded real estate investment trust known as American Realty Capital New York Recovery REIT, is terminating its advisory agreement with New York Recovery Advisors LLC, effective December 26th. The advisor is…