Industry News

October 15, 2024

Kestra Holdings Announces Recapitalization in Renewed Partnership With Stone Point Capital

Kestra Holdings announces the acquisition of a majority interest by Stone Point Capital, marking a new chapter in its growth strategy while continuing to serve independent wealth management professionals.

September 19, 2024

Blue Vault Alts Summit 2025 Goes Full Nerd, Taps Consultant Michael Kitces for Keynote

“Michael Kitces has helped elevate our profession by bringing in-depth financial planning solutions to the forefront as well as helping advisors service their clients and run their own practice better.” – Brian Evans, Founder, CPA, Madrona Financial Services.

September 4, 2024

Cove Capital Investments and its Founders, Dwight Kay and Chay Lapin, Acquire a Net Lease Asset in Quinlan, TX as Part of Its Debt Free Tractor Net Lease 79 Delaware Statutory Trust

Like many of Cove Capital's real estate acquisitions, the Cove Tractor Net Lease 79 DST was acquired with 0% leverage for those investors who want to potentially mitigate risk by investing in a debt-free DST offering with no risk of lender foreclosure or lender cash flow sweeps.

September 3, 2024

‘Ticking time bomb’: Plunging office values alarm Washington

Fed Chair Jerome Powell has voiced concern, saying that commercial real estate risk “will be with us for some time, probably for years."

August 29, 2024

Alts Providers Partnering Up To Capture $1 Trillion In Assets, Cerulli Says

Alternatives providers and asset managers are increasingly forming strategic partnerships to access a potential $1 trillion in retail assets, leveraging complementary strengths to reach new client segments, according to Cerulli Associates.

August 28, 2024

New Billionaire Alert? This Millenial Could Be The Next Big Real Estate CEO

Connor Teskey, at 36, is set to become Brookfield Asset Management's youngest CEO, driving innovation through strategic acquisitions and a commitment to clean energy.

August 22, 2024

Fed officials uneasy about job market as they get ready for Jackson Hole

Amid still-strong consumer spending and economic growth that may be slowing but remains positive, the Fed is not yet ready to consider the job market in crisis - it just wants to avoid creating one.

August 5, 2024

Blackstone Reportedly In Talks To Acquire $2B Retail REIT

Outside of retail, Blackstone has been going in aggressively on multifamily and single-family rental acquisitions. At the beginning of the year, the company purchased Sunbelt-based single-family rental developer Tricon Residential — with 38,000 homes — for $3.5B.

August 2, 2024

KKR Says 2024 Could Be ‘Sweet Spot’ To Buy Real Estate

“The real estate investment opportunity is highly compelling,” Nuttall said, adding that the firm has a “full pipeline as some owners of real estate seek liquidity and sell their best assets.”