Asset Manager News & Perspectives

October 5, 2016

RREEF Property Trust Continues Portfolio Expansion with Acquisition of Boston-Area Medical Office Building

RREEF Property Trust Continues Portfolio Expansion with Acquisition of Boston-Area Medical Office Building October 3, 2016 NEW YORK--(BUSINESS WIRE)-- RREEF Property Trust, Inc. (ZRPTAX, ZRPTIX, ZRPTTX) today announced the acquisition of 40 Allied Drive in Dedham, MA, a fully-leased Class-A, 64,127 rentable-square-foot medical office building outside of Boston, Massachusetts. The acquisition continues RREEF Property Trust’s…

October 5, 2016

Strategic Storage Trust II, Inc. (SST II) Announces Closing Date of Primary Offering

SOURCE: Strategic Storage Trust II, Inc. September 30, 2016 17:44 ET Strategic Storage Trust II, Inc. (SST II) Announces Closing Date of Primary Offering LADERA RANCH, CA--(Marketwired - Sep 30, 2016) - Strategic Storage Trust II, Inc. (SST II) -- which is sponsored by SmartStop Asset Management, LLC -- recently announced the close of its…

October 5, 2016

Non-Traded REIT, BDC Sales Suffer As Pricing Shifts

Non-Traded REIT, BDC Sales Suffer As Pricing Shifts SEPTEMBER 28, 2016 | DAN JAMIESON | Financial Advisor Facing a shifting regulatory landscape, sales of non-traded REITs and business development companies look to be off about 50 percent this year. For the same reason, sales are shifting to lower-cost share classes. Through August, sales of non-traded REITs were…

October 5, 2016

Pershing Rolls Out Lower-Minimum Advice Platform, Designed To Help Advisors Comply with the DOL Rule

Pershing Rolls Out Lower-Minimum Advice Platform, Designed To Help Advisors Comply with the DOL Rule September 23, 2016 | By Ben Lee, Contributor | Trust Advisor Commentary on ThinkAdvisor article by Melanie Waddell Pershing wants to make it easier for advisors to comply with the Department of Labor’s fiduciary rule, introducing a new platform geared at mass-affluent…

October 5, 2016

Versus Capital Multi-Manager Real Estate Income Fund Surpasses $1 Billion in Assets

Versus Capital Multi-Manager Real Estate Income Fund Surpasses $1 Billion in Assets October 3, 2016 GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Versus Capital Advisors LLC, an asset management firm that specializes in distinctive real asset investment strategies, announced today that their flagship fund, the Versus Capital Multi-Manager Real Estate Income Fund (Tickers: VCMIX/VCMRX; “the Fund”), exceeded $1…

October 3, 2016

Financial advisers’ business models need changing to win over millennial clients: expert

Financial advisers' business models need changing to win over millennial clients: expert Sep 29, 2016 @ 12:08 pm | By Jeff Benjamin | Investment News Products and services geared toward baby boomers won't work for the younger generation, according to a presentation at the IMCA Private Wealth Advisor Conference in Chicago

October 3, 2016

JLL Income Property Trust Closes $150 Million Credit Facility With Bank of America

JLL Income Property Trust Closes $150 Million Credit Facility With Bank of America September 23, 2016 CHICAGO, IL--(Marketwired - Sep 23, 2016) - JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT ( NASDAQ : ZIPTAX ) ( NASDAQ: ZIPTMX ) ( NASDAQ : ZIPIAX ) ( NASDAQ : ZIPIMX ), today…

October 3, 2016

Griffin-American Healthcare REIT IV Acquires Charlottesville Medical Office Building in Virginia

Griffin-American Healthcare REIT IV Acquires Charlottesville Medical Office Building in Virginia GlobeNewswire•September 28, 2016 RICHMOND, Va., Sept. 28, 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 Charlottesville Medical Office Building, an approximately 74,000-square-foot class A medical office…

October 3, 2016

ADISA Honors Award Winners at 2016 Annual Conference in Las Vegas

ADISA Honors Award Winners at 2016 Annual Conference in Las Vegas GlobeNewswire | September 27, 2016 LAS VEGAS, Sept. 27, 2016 (GLOBE NEWSWIRE) -- ADISA, the nation’s largest trade association for the alternative and direct investment space, announced today the 2016 winners of the organization’s A Champion of Excellence (ACE), Distinguished Service and President’s awards. The awards…