Asset Manager News & Perspectives

August 14, 2024

Need for Recession-Resilient Income Drives Full Subscription of ExchangeRight’s $82.28 Million Offering

The offering contains 13 properties diversified across 10 states and 5 historically recession-resilient tenants, including FedEx, Tractor Supply, Dollar General, Dollar Tree, and Family Dollar.

August 14, 2024

BlueGate Boat & RV Storage Names JC Reed as Chief Operating Officer

Reed brings a wealth of experience to BlueGate, having served as senior vice president of operations at Store Space Self Storage, where he oversaw a multi-state portfolio of 70 locations with over $70 million in revenue.

August 14, 2024

Starwood Capital Appoints Andrew Sossen Senior Managing Director, Chief Operating Officer

In this role, Andrew will be a member of Starwood Capital 's executive committee and oversee the day-to-day operations of the firm, reporting to Barry Sternlicht, Starwood Capital's Chairman and CEO.

August 13, 2024

Eagle Point Institutional Income Fund Reaches $100 Million Milestone And Generates 12.8% Annual Net Return

“By leveraging the strength of our Adviser’s investment platform, Eagle Point Institutional Income Fund has consistently provided investors with a reliable source of income,” said Thomas Majewski, the Fund’s Chairman and Chief Executive Officer, adding...

August 13, 2024

SmartStop Self Storage REIT, Inc. Reports Second Quarter 2024 Results

SmartStop receives asset management fees, property management fees, acquisition fees, and other fees and also receives substantially all of the tenant protection program revenue earned by the Managed REITs, which had a combined portfolio of 31 operating properties and approximately 24,500 units and 2.7 million rentable square feet at quarter end.

August 9, 2024

Capital Square Fully Subscribes Private Placement Offering of Multifamily Opportunity Zone Development in Knoxville

“Livano Knoxville is located next to the Great Smoky Mountains and the Tennessee River in South Knoxville, where occupancy rates are expected to stay above 95% for the next decade,”1 said Whitson Huffman, co-chief executive officer.

August 8, 2024

Inland Fully Subscribes $54 Million Build-to-Rent DST

The DST owns the Odyssey on Soltura, a newly constructed, Class A, build-to-rent (“BTR”) single-family rental community located at 10131 Soltura Drive in Fort Myers, Florida.

August 6, 2024

Inland Appoints Jovan Marconi as Chief Information Officer

In this role, Mr. Marconi is responsible for developing and implementing the IT strategy, including application development; data management; AI practices; cybersecurity; and the evolution of the technology infrastructure for Inland.

August 6, 2024

Go Store It Acquires State-of-the-Art Self Storage Facility in Oak Ridge, Tennessee

Situated on over four acres, Go Store It Oak Ridge has 515 storage units and is currently 91% leased. Its prime location along S Illinois Avenue, a bustling seven-lane thoroughfare with a daily traffic count of 26,857 vehicles, provides high visibility and accessibility.