Asset Manager News & Perspectives

January 5, 2017

Blackstone’s Nontraded REIT Has Broken Escrow

Blackstone Real Estate Income Trust, Inc. is a public non-traded real estate investment trust (REIT) focused on investing primarily in stabilized income-oriented commercial real estate in the United States.

January 5, 2017

NorthStar and Colony Merger Expected to Close January 10th

NorthStar and Colony Merger Expected to Close January 10th January 5, 2016 | by James Sprow | Blue Vault The shareholders of Colony Capital Inc., NorthStar Asset Management Group Inc. and NorthStar Realty Finance Corp. voted to approve the merger of the three companies on December 20, 2016. The merger was reported to be the…

January 5, 2017

Jay Clayton as Next SEC Chairman

Jay Clayton as Next SEC Chairman January 5, 2016 | by James Sprow | Blue Vault President-elect Donald Trump plans to nominate Jay Clayton, a partner in Sullivan & Cromwell LLP, to be the next chairman of the Securities and Exchange Commission. Clayton has worked with Wall Street firms to do M&A deals, prepare initial…

January 5, 2017

CION Ares Diversified Credit Fund Declared Effective

CION Ares Diversified Credit Fund Declared Effective January 5, 2017 | by Jared Schneider | Blue Vault CION Investments latest offering became effective in December 2016. CION has partnered with Ares Management to launch a new credit-focused interval fund. The fund will focus on a diversified debt strategy that can take an opportunistic and…

January 4, 2017

Coming off a disastrous 2016, sales of nontraded REITs could bounce back in 2017

Coming off a disastrous 2016, sales of nontraded REITs could bounce back in 2017 Newly designed products and Blackstone Group's entrance into the industry could pump up the market Dec 27, 2016 @ 12:16 pm | By Bruce Kelly | Investment News After a disastrous 2016, industry analysts and executives are cautiously optimistic that sales of nontraded…

January 4, 2017

SEC Offers Guidance on DOL Fiduciary Rule Compliance

SEC Offers Guidance on DOL Fiduciary Rule Compliance Since the DOL conflict of interest rule’s publication, mutual fund providers and their adviser-intermediaries have also been asking the SEC extensive questions about sales loads, fee schedules, etc. By John Manganaro EDITORS@ASSETINTERNATIONAL.COM | December 30, 2016 The Securities and Exchange Commission (SEC) will not be in charge…

January 4, 2017

Multifamily Developers Eye Housing For Seniors

Multifamily Developers Eye Housing For Seniors DECEMBER 28, 2016 | BY BRIAN J. ROGAL CHICAGO—The demographic trends look good for the sector, and many multifamily developers feel senior housing is a natural extension of their core business. The Sheridan at Mason, a new seniors community in Mason, OH, that CA Ventures will open in 2017.…

January 4, 2017

Total Income+ Real Estate Fund Announces 4Q Distribution; 5.25% Distribution Rate This Year

Total Income+ Real Estate Fund Announces 4Q Distribution; 5.25% Distribution Rate This Year NEWS PROVIDED BY: Bluerock’s Total Income+ Real Estate Fund Dec 29, 2016, 18:30 ET NEW YORK, Dec. 29, 2016 /PRNewswire/ -- Bluerock's Total Income+ Real Estate Fund ("Fund" or "TI+," tickers: TIPRX, TIPPX, TIPWX) has paid a fourth quarter distribution of $0.3857 per…

January 3, 2017

Amy Webber to replace Eric Schwartz as CEO of Cambridge Investment Research

Amy Webber to replace Eric Schwartz as CEO of Cambridge Investment Research Mr. Schwartz will still be involved as executive chairman of the independent broker-dealer he founded Jan 3, 2017 @ 12:54 pm | By Bruce Kelly | Investment News Eric Schwartz, the founder of independent broker-dealer Cambridge Investment Research Inc., has stepped down as the firm's…