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SEC Fiduciary Rule Becomes an Increasing Possibility April 27, 2017

SEC Fiduciary Rule Becomes an Increasing Possibility

SEC Fiduciary Rule Becomes an Increasing Possibility April 24, 2017 | Financial Advisor IQ The SEC’s acting chairman believes the commission should spearhead a fiduciary rule in place of the Department of Labor’s version, the Wall Street Journal writes. The SEC needs “to take the opportunity to fill that space,” Michael Piwowar said at a…
InvenTrust to Downsize HQ in Suburban Chicago April 25, 2017

InvenTrust to Downsize HQ in Suburban Chicago

InvenTrust to Downsize HQ in Suburban Chicago April 21, 2017 | by Veronica Grecu | Commercial Property Executive  The company is planning to move into 22,000 square feet of space at the Highland Landmark II building in Downers Grove. Come this summer, InvenTrust Properties Corp. will have a new home in suburban Chicago. The REIT has…
BRIEF-Versus Capital registers an additional $2 bln of shares and raises the investment minimum of its multi-manager real estate income fund to $10 mln April 24, 2017

BRIEF-Versus Capital registers an additional $2 bln of shares and raises the investment minimum of its multi-manager real estate income fund to $10 mln

BRIEF-Versus Capital registers an additional $2 bln of shares and raises the investment minimum of its multi-manager real estate income fund to $10 mln April 20, 2017 | Reuters Versus Capital Multimgr Real Estate Inc FD LLC * Versus Capital registers an additional $2 billion of shares and raises the investment minimum of its multi-manager…
20 Fast Facts for the Big Picture April 24, 2017

20 Fast Facts for the Big Picture

20 Fast Facts for the Big Picture April 21, 2017 | Transwestern Of the many tax changes under discussion, six measures pose material implications for commercial real estate. If passed, these options would: Reduce the top corporate tax rate from 35% to 20% Allow immediate, full deduction of capital investment expenditures Eliminate interest deductibility on…
Blackstone REIT Acquires Six Multifamily Properties and Industrial Portfolio April 20, 2017

Blackstone REIT Acquires Six Multifamily Properties and Industrial Portfolio

Blackstone REIT Acquires Six Multifamily Properties and Industrial Portfolio April 21, 2017 | by James Sprow | Blue Vault On April 13, 2017, Blackstone Real Estate Income Trust, Inc. acquired fee simple interests in six high quality multifamily properties totaling 2,514 units. The portfolio was acquired from an affiliate of TA Realty, an unaffiliated third party,…
Inland Real Estate Income Trust Acquires N.H. Shopping Center April 20, 2017

Inland Real Estate Income Trust Acquires N.H. Shopping Center

Inland Real Estate Income Trust Acquires N.H. Shopping Center April 21, 2017 | by James Sprow | Blue Vault    Inland Real Estate Income Trust, Inc.  announced on April 19, the acquisition of the 199,335 ­square-foot Pentucket Shopping Center in Plaistow, New Hampshire, located approximately one mile north of the Massachusetts state border and approximately 40 miles north of Boston. Mark Cosenza, senior vice…
Mega Project Makes History in Nashville April 20, 2017

Mega Project Makes History in Nashville

Mega Project Makes History in Nashville April 20, 2017 | by Scott Baltic | Commercial Property Executive  OliverMcMillan and Spectrum | Emery have begun construction on Fifth + Broadway, a $430 million mixed-use development in the city’s downtown, which will include the new National Museum for African American Music. In the form of preparatory demolition, construction…
Updated: TA Realty Continues Cashing Out Real Estate Fund; Sells Multifamily Portfolio to Blackstone REIT for $430 Million April 20, 2017

Updated: TA Realty Continues Cashing Out Real Estate Fund; Sells Multifamily Portfolio to Blackstone REIT for $430 Million

Updated: TA Realty Continues Cashing Out Real Estate Fund; Sells Multifamily Portfolio to Blackstone REIT for $430 Million April 19, 2017 | by Mark Heschmeyer | CoStar In its second large property disposition this spring, TA Realty LLC sold a six-property, 2,514-unit multifamily portfolio to Blackstone Real Estate Income Trust for $430 million. TA Realty sold…
Robotic Automation Impacting Real Estate Industry, Consultant Says April 20, 2017

Robotic Automation Impacting Real Estate Industry, Consultant Says

Robotic Automation Impacting Real Estate Industry, Consultant Says April 18, 2017 | REIT.com Josh Herrenkohl, principal and global real estate advisory leader at EY, joined REIT.com for a video interview at REITWise 2017: NAREIT’s Law, Accounting & Finance Conference in La Quinta, California. Herrenkohl discussed technology trends that could impact the real estate industry. One…

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