Asset Manager News & Perspectives

December 13, 2016

Alternative Investment Equity Raised in November 2016

Alternative Investment Equity Raised in November 2016 December 13, 2016 | by Beth Glavosek | Blue Vault Blue Vault has compiled sales data on nontraded alternative investments for the month of November. Sales for all categories of alternative investments came in at $621.8 million, and fundraising year to date is $6.27 billion*. In November, nontraded…

December 8, 2016

Apartment Vacancy Rate Stays Low, Surprising Researchers

Apartment Vacancy Rate Stays Low, Surprising Researchers Dec 6, 2016 | Bendix Anderson | NREI Experts warned that hundreds of thousands of new apartments would open in 2016 and drive up the vacancy in the sector. But for most of this year, average vacancy rates stayed low. “The market has proved to be incredibly resilient,” says John…

December 8, 2016

Trading Nation: Traded real estate lags badly

Trading Nation: Traded real estate lags badly Monday, 5 Dec 2016 | 2:52 PM ET | CNBC Erin Gibbs, S&P Global, and Craig Johnson, Piper Jaffray, discuss the real estate investment trust sector with Brian Sullivan. News Story Located Here

December 8, 2016

Blackstone’s Schwarzman sees historic regulatory overhaul from Trump

Blackstone's Schwarzman sees historic regulatory overhaul from Trump By By Dan Freed Published December 06, 2016 Features Reuters Blackstone Group LP Chairman and CEO Steve Schwarzman said on Tuesday he expected to see a "very substantial reversal of regulations of all types," for the financial sector, following Donald Trump's U.S. presidential election victory. Schwarzman, who…

December 8, 2016

Comrit Mini-Tender Offer for Phillips Edison Grocery Center REIT I

Comrit Mini-Tender Offer for Phillips Edison Grocery Center REIT I December 9, 2016 | by Beth Glavosek | Blue Vault Comrit Investments 1, LP, has offered to make a cash purchase of up to 1 million shares of Phillips Edison Grocery Center REIT I common stock at a price of $8.50 per share. The REIT’s…

December 8, 2016

Don’t Miss Summit 2017

Don’t Miss Summit 2017 December 8, 2016 | by Beth Glavosek | Blue Vault Mark your calendars! Blue Vault’s third annual Broker Dealer Educational Summit is March 13-15, 2017, at the Ritz-Carlton Atlanta. The Educational Summit brings together the brightest minds in the nontraded REIT, BDC, Interval Fund, and nontraded Closed End Fund industries to…

December 6, 2016

CNL Executive to Speak at Industry Conference

CNL Executive to Speak at Industry Conference November 30, 2016 16:23 ET | Source: CNL Financial Group Orlando, Fla., Nov. 30, 2016 (GLOBE NEWSWIRE) -- Kirk Montgomery, head of regulatory affairs for CNL Financial Group, will speak at the 12th Annual Western IMN Non-traded REIT and Retail Alternative Investment Symposium on Thursday, Dec. 1, in…

December 6, 2016

JLL Income Property Trust Acquires Premier Apartment Building in Chicago’s West Loop

JLL Income Property Trust Acquires Premier Apartment Building in Chicago’s West Loop Chicago (December 6, 2016) – JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), today announced the acquisition of 180 North Jefferson Street, a 28-story, 274-unit premier apartment tower in Chicago’s dynamic West Loop. The property,…

December 6, 2016

Resource Innovation Office REIT Purchases Office Building in Chicago and Announces Stock and Cash Distributions

Resource Innovation Office REIT Purchases Office Building in Chicago and Announces Stock and Cash Distributions November 29, 2016 11:02 AM Eastern Standard Time PHILADELPHIA--(BUSINESS WIRE)--Resource Innovation Office REIT, Inc. (“Innovation Office REIT”), a non-traded real estate investment trust sponsored by Resource Real Estate, Inc., announced Tuesday that it has completed the purchase of 1025 W…