Asset Manager News & Perspectives

September 13, 2016

August 2016 Alternative Investment Monthly Sales Are In!

August 2016 Alternative Investment Monthly Sales Are In! September 13, 2016 | by James Sprow | Blue Vault Blue Vault Exclusive: August sales have picked up from those reported for July by 20% for REITs and over 36% for BDCs. August nontraded REIT sales exceeded both June and May numbers, increasing by over $62 million…

September 13, 2016

Apartment renters aren’t moving much

Apartment renters aren't moving much Paul Davidson, USA TODAY2:36 p.m. EDT September 6, 2016 (Photo: JUSTIN LANE, EPA) Apartment dwellers are staying put in record numbers, a brand of loyalty that’s helping drive up rents. The share of renters opting to renew their leases hit an all-time high of 53.8% through the first seven months…

September 13, 2016

JLL Income Property Trust Buys Two Warehouses in San Francisco Bay Area

SOURCE: JLL Income Property Trust September 08, 2016 16:33 ET JLL Income Property Trust Acquires Two Fully-Leased Warehouses in San Francisco Bay Area CHICAGO, IL--(Marketwired - Sep 8, 2016) - JLL Income Property Trust, an institutionally-managed, daily valued perpetual life REIT (NASDAQ: ZIPTAX) (NASDAQ: ZIPTMX) (NASDAQ:ZIPIAX) (NASDAQ: ZIPIMX), today announced the acquisition of Pinole Point…

September 13, 2016

Prologis CEO: Not Seeing Weakness, Consumption Healthy

Prologis CEO: Not Seeing Weakness, Consumption Healthy September 8, 2016 | Bloomberg Video Link http://bloom.bg/2caGxrg Hamid Moghadam, Prologis chairman and chief executive officer, discusses the state of the U.S. real estate market with Bloomberg's Joe Weisenthal, Scarlet Fu and Matt Miller on "Bloomberg Markets." (Source: Bloomberg) Article Located Here

September 13, 2016

C-III Capital Partners Acquires Resource America

C-III Capital Partners Acquires Resource America Under the transaction, Resource America stockholders will be entitled to receive $9.78 per share in cash, or a total of roughly $207 million. September 12, 2016 | by Scott Baltic | Commercial Property Executive Dallas—Leading CRE investment manager C-III Capital Partners LLC has completed its acquisition of Resource America Inc.,…

September 9, 2016

Summit Healthcare REIT, Inc. acquires an interest in two skilled nursing facilities in Delaware

Summit Healthcare REIT, Inc. acquires an interest in two skilled nursing facilities in Delaware LAKE FOREST, Calif., Sept. 6, 2016 /PRNewswire/ -- Summit Healthcare REIT, Inc.("Summit" or the "REIT") announced today that it has acquired an interest in two skilled nursing facilities located in the communities of Millsboro and Smyrna, Delaware, for a total purchase…

September 9, 2016

Author Spotlight: A history of the REIT revolution

Author Spotlight: A history of the REIT revolution by Institutional Real Estate, Inc. Kenneth Campbell, who spent his professional lifetime reporting on the REIT business and wrote the first full-length book on REITs many years ago, is back with yet another book titled “Watch That Rat Hole: And Witness the REIT Revolution.” He joins us…

September 9, 2016

REIT Industry Veteran Ralph Block Dies

REIT Industry Veteran Ralph Block Dies 9/7/2016 | By Sarah Borchersen-Keto | REIT.com Ralph Block, a leading authority on REITs and an active participant in the industry for several decades, died on Sept. 6. Block was the author of the book “Investing in REITs,” now in its fourth edition. He also authoredThe Essential REIT, a…

September 9, 2016

Ex-CFO at REIT formerly controlled by Nicholas Schorsch indicted

Ex-CFO at REIT formerly controlled by Nicholas Schorsch indicted Brian S. Block is being charged with overstating financial performance at American Realty Capital Properties Inc., now known as Vereit Sep 8, 2016 @ 1:56 pm | By Bruce Kelly | Investment News In parallel investigations, the Department of Justice and the Securities Exchange Commission on Thursday charged…