Asset Manager News & Perspectives

September 27, 2016

JLL Income Property Trust Acquires Luxury Apartments in Downtown Saint Paul

JLL Income Property Trust Acquires Luxury Apartments in Downtown Saint Paul Chicago (September 26, 2016) – JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT (ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), today announced the acquisition of The Penfield, a 254-unit, award-winning, transit-oriented, apartment complex that includes a ground-floor commercial space that is leased to…

September 23, 2016

Letting Go of the Status Quo in REITs

Letting Go of the Status Quo in REITs September 22, 2016 | Michael Pagano | Financial Advisor IQ Non-traded REIT companies are having a bad year. Sales of non-traded REIT investments began dropping steadily in 2014, first-time buyer purchases plateaued in 2015, and sales across the industry fell off a cliff in April 2016 when…

September 23, 2016

KBS Strategic Opportunity REIT Signs 34,500 SF in Leases at Austin Office Building

KBS Strategic Opportunity REIT Signs 34,500 SF in Leases at Austin Office Building Sep 22 2016 | by DI Wire KBS Strategic Opportunity REIT, a non-traded real estate investment trust based in Newport Beach, California, signed 34,506 square feet in leases at Great Hills Plaza in Austin. Guaranty Insurance Services, signed a new 8,140-square-foot lease…

September 23, 2016

W. P. Carey Inc. Appoints Two New Members to its Board of Directors

W. P. Carey Inc. Appoints Two New Members to its Board of Directors NEW YORK, Sept. 21, 2016 /PRNewswire/ -- W. P. Carey Inc. (NYSE: WPC), an internally-managed global net lease real estate investment trust, announced today that Mark Alexander and Chris Niehaus have been elected to its Board of Directors, effective immediately. Messrs. Alexander and…

September 23, 2016

Griffin-American Healthcare REIT IV Acquires Pottsville Medical Office Building in Eastern Pennsylvania

Griffin-American Healthcare REIT IV Acquires Pottsville Medical Office Building in Eastern Pennsylvania September 22, 2016 14:00 ET | Source: American Healthcare Investors HARRISBURG, Pa., Sept. 22, 2016 (GLOBE NEWSWIRE) -- American Healthcare Investors and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired Pottsville Medical Office…

September 23, 2016

An Interview With The CEO of Apple Hospitality REIT (Part 1)

An Interview With The CEO of Apple Hospitality REIT (Part 1) September 20, 2016 12:10pm | Tim Melvin| Benzinga Tim Melvin, author of Banking On Profit, caught up with Justin Knight, the CEO of Apple Hospitality REIT Inc (NYSE: APLE). The following is a part one of their conversation. Melvin: Mr. Knight, thank you for taking…

September 21, 2016

As Anchor Stores Close, Co-tenancy Clauses Can Still Cause More Problems

As Anchor Stores Close, Co-tenancy Clauses Can Still Cause More Problems September 20, 2016 | by Diana Bell | National Real Estate Investor As retailers that have traditionally served as mall anchors—be they department store chains or big-box players—announced major store closings this year, co-tenancy clauses have become an area of risk in a shaky…

September 21, 2016

Money Is Pouring Into Property Deals Banks Won’t Touch

Money Is Pouring Into Property Deals Banks Won't Touch September 19, 2016 — 5:01 AM EDT | by Sarah Mulholland & Heather Perlberg | Bloomberg Heightened scrutiny of U.S. commercial real estate lending is paving the way for lightly regulated investors to gain a bigger toehold in lucrative deals. Private funds are seeking a record $32 billion…

September 21, 2016

ADISA’s 2016 Annual Conference & Trade Show on Pace for Record Attendance

ADISA’s 2016 Annual Conference & Trade Show on Pace for Record Attendance September 14, 2016 11:22 ET | Source: ADISA LAS VEGAS, Sept. 14, 2016 (GLOBE NEWSWIRE) -- ADISA, the nation’s largest trade association representing the alternative and direct investment industry, announced today that its 2016 Annual Conference & Trade Show is on pace for…