Asset Manager News & Perspectives

September 2, 2015

Diversify Income with a Real Estate Investment Trust

Content Submitted by Black Creek Group (formerly Dividend Capital Group) - It’s been challenging for fixed income investors to meet their cash flow needs in recent years with interest rates hovering near historically low levels. A number of investors have turned to an alternative vehicle for income – real estate investment trusts (REITs). While REIT…

September 1, 2015

Larry Roth Steps Down From RCAP Board After Four Months

Company says he is focusing on his role as CEO of Cetera Financial Group Sep 1, 2015 @ 11:10 am By Mason Braswell Four months after joining the board of directors for RCS Capital Corp., Larry Roth, chief executive officer of Cetera Financial Group, is resigning from the board, according to an announcement from the…

September 1, 2015

CNL Financial Group Hires Vice President for CNL Securities

Scott Belval will serve as Vice President of Sales. Orlando, Fla., Sept. 1, 2015 (GLOBE NEWSWIRE) -- CNL Financial Group has hired Scott Belval as vice president of sales for CNL Securities Corporation. In his position, Belval will be responsible for overseeing business development in the Boston area. "It's a pleasure to have Scott join…

September 1, 2015

Inland Residential Properties to Buy Luxury Frederick Apartment for $46M

By Erika Morphy | Washington, DC The Haven at Market Square FREDERICK, MD—Inland Residential Properties Trusthas entered into an agreement to acquire the fee simple interest in The Haven at Market Square for $45.8 million in cash, according to a Securities and Exchange Commission filing. The seller is an LLC that is an unaffiliated third…

July 26, 2015

Blue Vault Explains Liquidity Options For Non-Traded REIT Holders

The DI Wire Non-traded REITs are illiquid investments designed for the long-term investor seeking yield and potential appreciation of underlying assets. Sometimes, life events force the need for liquidation years prior to liquidity options becoming available. Blue Vault Partners, LLC, a provider of data and analytics for non-traded REITs and BDCs, constructed a two minute…

July 26, 2015

Moody National REIT I, Inc. To Acquire $1.725 Billion Portfolio

PR Newswire HOUSTON, May 21, 2015 /PRNewswire/ -- Moody National REIT I, Inc. (the "REIT"), announced today it is under contract to acquire a 149-hotel portfolio (the "Project 149") from a third party seller, for an aggregate purchase price of $1.725 billion, excluding acquisition costs. The portfolio includes 14,000 units spread across 32 states. Project…

January 21, 2016

CPA:17 – Global Acquires Jacksonville University Student Housing Facility for $18 Million

Newly completed, state-of-the-art residence building on long-term triple-net lease 07:30 ET from CPA:17 - Global | PR Newswire NEW YORK, Jan. 21, 2016 /PRNewswire/ -- W. P. Carey Inc., a global net lease real estate investment trust (REIT) specializing in corporate sale-leaseback and build-to-suit financing and the acquisition of single-tenant net lease properties, announced today that CPA®:17…

January 21, 2016

JLL Income Property Trust Acquires Newly Constructed Medical Office Building in New Jersey

January 19, 2016 09:00 ET | SOURCE: JLL Income Property Trust | Marketwired CHICAGO, IL--(Marketwired - Jan 19, 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 it acquired 140 Park Avenue, a newly constructed 100,000 square foot medical office building…

January 15, 2016

Phillips Edison Grocery Center REIT II, Inc. Ends 2015 Strong

Acquires Seven Shopping Centers in December January 13, 2016 09:00 AM Eastern Standard Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) is pleased to announce a strong close to 2015, acquiring seven grocery-anchored shopping centers in December for a total purchase price of $123 million. In doing so, the Company added two…