Asset Manager News & Perspectives
InvenTrust Closes UHC Student Housing Portfolio Sale July 5, 2016

InvenTrust Closes UHC Student Housing Portfolio Sale

    InvenTrust Closes UHC Student Housing Portfolio Sale JULY 1, 2016 | BY ERIKA MORPHY | GlobeSt.com BETHESDA, MD--Walker & Dunlop financed part of the acquisition with a very flexible $672-million Fannie Mae credit facility. [caption id="" align="alignnone" width="616"] InvenTrust CEO Thomas McGuinness. Photo courtesy REIT.com.[/caption] At the start of the year, Oak Brook, IL-based…
JLL Income Property Trust Buys Two Properties for $186.3 Million July 5, 2016

JLL Income Property Trust Buys Two Properties for $186.3 Million

  JLL Income Property Trust Buys Two Properties for $186.3 Million JLL Income Property Trust (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), a non-listed, daily valued perpetual life real estate investment trust, purchased two properties totaling $186.3 million at the end of June. On June 28th, the company acquired Pioneer Tower in downtown Portland, Oregon for approximately…
Hines REIT To Dissolve; In $1.2B Blackstone Deal July 5, 2016

Hines REIT To Dissolve; In $1.2B Blackstone Deal

    Hines REIT To Dissolve; In $1.2B Blackstone Deal JULY 1, 2016 | BY PAUL BUBNY  | GlobeSt.com HOUSTON—In separate transactions, the REIT has entered agreements over the past few weeks to sell seven West Coast office properties, eight shopping centers and office towers in Chicago and Dallas. Hines Real Estate Investment Trust Inc.…
New nontraded REIT sponsors, aiming to tap retail capital, could upend competitors July 5, 2016

New nontraded REIT sponsors, aiming to tap retail capital, could upend competitors

    New nontraded REIT sponsors, aiming to tap retail capital, could upend competitors Thursday, 30 June 2016 9:44 AM ET | By  Jake Mooney | SNL Multiple large asset managers are considering a move into the nontraded REIT business, and their arrival could put pressure on existing sponsors to offer new products and adjust their business…
Franklin Square Upsizes Commitment to Greystone July 1, 2016

Franklin Square Upsizes Commitment to Greystone

    Franklin Square Upsizes Commitment to Greystone $50 million commitment expands Greystone's short-term lending platform Jun 30, 2016, 08:00 ET from Franklin Square Capital Partners PHILADELPHIA, June 30, 2016 /PRNewswire/ -- Franklin Square Capital Partners (Franklin Square), the largest manager of business development companies (BDCs), announced a $50 million upsizing of its senior secured loan…
Reclassification May Boost REITs, Shake Up Financial ETFs July 1, 2016

Reclassification May Boost REITs, Shake Up Financial ETFs

    Reclassification May Boost REITs, Shake Up Financial ETFs JUNE 30, 2016 | CHRISTOPHER ROBBINS | Financial Advisor Real estate equities are finally getting their own investment classification, but the benefits of their change might not be apparent until years after their reclassification while the impact on financial sector ETFs could be immediate. At the end…
Amazon warehouse in Ruskin fetches massive sales price July 1, 2016

Amazon warehouse in Ruskin fetches massive sales price

    Amazon warehouse in Ruskin fetches massive sales price Jun 23, 2016, 2:26pm EDT Updated Jun 29, 2016, 3:43pm EDT | Tampa Bay Business Journal Amazon.com Inc.'s massive fulfillment center in Ruskin has been sold for a massive price tag. The million-square-foot warehouse sold to Cole Office & Industrial REIT II, a Phoenix-based real…
Franklin Square Upsizes Commitment to A.P. Plasman by $50 Million June 29, 2016

Franklin Square Upsizes Commitment to A.P. Plasman by $50 Million

    Franklin Square Upsizes Commitment to A.P. Plasman by $50 Million Jun 28 2016 | by DI Wire Franklin Square Capital Partners, a manager of business development companies, announced a $50 million upsizing of its senior secured unitranche loan to A.P. Plasman, Inc., a designer and manufacturer of exterior trim products for a variety…

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