Asset Manager News & Perspectives

July 22, 2016

Current Housing Market Looking Positive

Current Housing Market Looking Positive July 22, 2016 | by Beth Glavosek | Blue Vault This week, the National Association of Realtors issued its monthly statistics on home buying, and it reported that existing home sales were up for the fourth consecutive month. According to the report, the share of first-time buyers was…

July 20, 2016

Are Millennials Driving Current Housing Trends?

Are Millennials Driving Current Housing Trends? July 20, 2016 | by Beth Glavosek | Blue Vault In a recent Bloomberg article, author Conor Sen states that various factors have led to a housing deficit that has left vacant inventory at a 12-year low. Because of worker shortages in the construction industry, as well…

July 20, 2016

JLL Income Property Trust : Acquires Industrial Portfolio in Greater Los Angeles Submarket

JLL Income Property Trust : Acquires Industrial Portfolio in Greater Los Angeles Submarket 07/18/2016 | 4-traders.com CHICAGO, IL--(Marketwired - Jul 18, 2016) - JLL Income Property Trust, an institutionally-managed, non-listed, daily valued perpetual life REIT (NASDAQ: ZIPTAX) (NASDAQ: ZIPTMX) (NASDAQ: ZIPIAX) (NASDAQ:ZIPIMX), today announced the acquisition of Valencia Industrial Portfolio, a five-building, multi-tenant…

July 20, 2016

Self-Storage Sector Maintains Steady Growth

Self-Storage Sector Maintains Steady Growth Jul 18, 2016 | Barbara Byrne Denham and Victor Calanog | National Real Estate Investor The self-storage industry is one that has not garnered much investor attention, but may start to, judging by the numbers. Vacancy rates continued to decline in the first quarter and rents climbed at a healthy…

July 20, 2016

Senate Bill Launches Another Attack On REIT Tax Exemptions

Senate Bill Launches Another Attack On REIT Tax Exemptions JULY 19, 2016 | BY ERIKA MORPHY | GlobeSt.com WASHINGTON, DC—A new bill introduced in the Senate could limit how prison REITs operate. Last week, Senate Finance Committee Ranking Member Ron Wyden, D-Ore., introduced legislation that would limit the ability of private companies that operate…

July 20, 2016

The Death And Life Of The Suburban Class A Mall

The Death And Life Of The Suburban Class A Mall JULY 13, 2016 | BY NINA J. GRUEN | GlobeSt.com SAN FRANCISCO—Luxury malls have been steady, but will that last as Millennials take more consumer share? Ms. Real Estate has the answer. SAN FRANCISCO—Wouldn’t it be convenient if someone had clear, intelligent answers to…

July 19, 2016

Strong Demand for Apartments on the Horizon

Strong Demand for Apartments on the Horizon July 19th, 2016 | by Beth Glavosek | Blue Vault Demand for apartments appears to have surged in the second quarter, according to a recent article by National Real Estate Investor and MPF Research. Even though new construction of multifamily properties is also picking up in…

July 18, 2016

KBS Legacy Partners Hires HFF to Market 11-Property Multifamily Portfolio

KBS Legacy Partners Hires HFF to Market 11-Property Multifamily Portfolio 11-Property Multi-Housing Portfolio in Core U.S. Markets By Mark Heschmeyer | July 15, 2016 | CoStar As part of a wider plan to liquidate holdings in some of its REITs, KBS Capital Markets Group has hired HFF to market an 11-property, 3,039-unit multi-housing portfolio…

July 18, 2016

Sierra Income Corporation Increase in Public Offering Price

Sierra Income Corporation Increase in Public Offering Price July 14, 2016 06:16 PM Eastern Daylight Time | Businesswire.com NEW YORK--(BUSINESS WIRE)--A committee of the board of directors (the “Board”) of Sierra Income Corporation (“SIC”) has approved an increase in its public offering price from $9.00 per share to $9.05 per share. The increase…