Asset Manager News & Perspectives

October 7, 2024

Madison Capital Group Secures $17 Million Construction Loan for The James, an 86-Unit Luxury Community in Charlottesville

Madison Capital Group has obtained a $17 million loan from Longline Holdings to construct The James, an 86-unit luxury apartment community in Charlottesville, VA, strategically located near key employment hubs and amenities.

October 7, 2024

Bluerock Value Exchange Launches $31.6 Million Diversified Industrial Portfolio IV DST

Bluerock Value Exchange launches BR Diversified Industrial Portfolio IV, DST, seeking $31.6 million for three leased industrial properties in South Carolina and Tennessee, focusing on stable cash flow and capital appreciation.

October 3, 2024

Leitbox Portfolio Partners Fund II Announces Successful Sale of Winston-Salem Asset

Leitbox Portfolio Partners Fund II announces the successful sale of its Winston-Salem self-storage property, achieving a 15.2% value increase in under 23 months.

October 3, 2024

Prospect Capital Marks 20 Years as a Leader in Private Debt and Equity for U.S. Middle-Market Companies, with Over $20 Billion Invested

Prospect Capital Corporation (NASDAQ: PSEC) marks its 20th anniversary as one of the largest and longest-running publicly traded business development companies, with a significant history of investments and industry innovations.

September 30, 2024

Demand for ExchangeRight’s All-Cash DSTs Leads to Full Subscription of a $22.9 Million Portfolio

ExchangeRight has fully subscribed its All-Cash 4 DST, a $22.9 million portfolio of net-leased properties tenanted by investment-grade companies, providing accredited investors with monthly distributions starting at an annualized rate of 5.15%, backed entirely by in-place revenues.

September 25, 2024

Griffin Capital Qualified Opportunity Zone Fund, L.P. Announces the Completion of Construction on a 364-Multifamily Community in Austin, TX

Griffin Capital has completed construction on 1900 Parmer Apartments, a 364-unit community in Austin, Texas, designed to meet the rising demand for quality housing amid the city’s significant job and population growth.

September 25, 2024

Inland Securities Corporation Promotes Brian Fritz to SVP of Exchange Solutions

Inland Securities Corporation has announced the promotion of Brian Fritz to Senior Vice President, leading the Exchange Solutions Team to provide tailored investment and tax-management solutions for high net-worth investors navigating real estate exchanges.

September 24, 2024

Hines Private Wealth Solutions Successfully Closes Two Multifamily Private Offerings

Hines has successfully closed two private multifamily offerings through Hines Private Wealth Solutions, showcasing its commitment to the Living sector and providing diverse investment opportunities for private wealth investors.

September 24, 2024

ExchangeRight Appoints Thomas Gentry as Senior Vice President of the Northeast Region

ExchangeRight has appointed Thomas Gentry as Senior Vice President of the Northeast Region, bringing over 27 years of finance and real estate experience to enhance support for advisors and clients in New York, New Jersey, and beyond.