Asset Manager News & Perspectives

November 28, 2016

Payroll problems dog small nontraded REIT

Payroll problems dog small nontraded REIT First Capital Real Estate Trust, formerly known as United Realty Capital Trust, has also missed filing financial statements with the SEC for more than a year and recently cut its dividend to investors Nov 23, 2016 @ 12:42 pm | By Bruce Kelly | Investment News A small nontraded real estate…

November 28, 2016

Corporate Capital Trust Announces New COO and CFO

Corporate Capital Trust Announces New COO and CFO -- Steve Shackelford leaves to pursue calling in global ministry -- November 28, 2016 | Corporate Capital Trust [caption id="attachment_11303" align="alignright" width="200"] Steve Shackelford[/caption] (ORLANDO, Fla.) Nov. 28, 2016 – After more than 20 years at CNL Financial Group, Steve Shackelford, who currently serves as president and…

November 28, 2016

CPA:18 — Global Closes $38.5 Million Retail Portfolio Mezzanine Financing

CPA:18 -- Global Closes $38.5 Million Retail Portfolio Mezzanine Financing Loan supported by portfolio of retail assets across Minnesota, Wisconsin and Iowa leased to established tenant NEWS PROVIDED BY CPA:18 - Global Nov 23, 2016, 07:30 ET NEW YORK, Nov. 23, 2016 /PRNewswire/ -- CPA®:18 – Global, a non-traded real estate investment trust (REIT) focused on…

November 28, 2016

BDC giant FS Investments replaces CFO after resignation

BDC giant FS Investments replaces CFO after resignation By Daniel Lanyon on 23rd November 2016 | Alt FI Credit The recently rebranded FS Investments, formerly Franklin Square Capital, has made replaced outgoing chief financial officer for two of its Business Development Companies. Michael Lawson has resigned as chief financial officer from two business development companies…

November 22, 2016

Trump’s Impact on the Apartment Sector

Trump’s Impact on the Apartment Sector Nov 21, 2016 | Bendix Anderson | National Real Estate Investor It’s far too early to tell what the Trump Presidency will mean for the apartment business—but experts have at least come up with their list of the biggest questions that a Trump White House poses for their business. “The operative…

November 22, 2016

Self-Storage Another Competitor For Industrial Space

Self-Storage Another Competitor For Industrial Space NOVEMBER 22, 2016 | BY CARRIE ROSSENFELD | GlobeSt.com Conversions of obsolete industrial space to self-storage is becoming more popular as ground-up development grows increasingly more cost-prohibitive, Wentworth Storage’s Dave King tells GlobeSt.com EXCLUSIVELY. King: “It seems like someone is nipping at my heels for each of these deals, and…

November 22, 2016

Expectations For Senior-Housing Finance

Expectations For Senior-Housing Finance NOVEMBER 22, 2016 | BY CARRIE ROSSENFELD | GlobeSt.com While we may not be able to predict how much runway is left in the current cycle, judicious development and financing trends bode well for this sector for the long term, KeyBank’s Brian Heagler tells GlobeSt.com EXCLUSIVELY. Heagler: “The one new trend that…

November 22, 2016

Economist’s view: How Long Can This Go On?

Economist’s view: How Long Can This Go On? November 21, 2016 | by Dr. Peter Linneman | Commercial Property Executive We continue to monitor the U.S. economic cycle, using both a wide variety of economic statistics as well as what we’ll call qualitative “canaries.” Taken as a whole, these analyses suggest we are in the bottom…

November 22, 2016

Steadfast to Launch $3 Billion Closed-end Fund

Steadfast to Launch $3 Billion Closed-end Fund November 21, 2016 | DI Wire Steadfast is launching a $3 billion closed-end investment fund called Steadfast Alcentra Global Credit Fund, according to preliminary documents filed with the Securities and Exchange Commission. The fund, which plans to offer 300 million shares, intends to invest in lower middle-market and…