Professional SErvices News

read the latest about the firms transforming how wealth advisors implement alts in their practices

Headlines

Stay informed about alts

Subscribe to our free emails

Recent News

Blue Vault: Unparalleled Alts Intel and Insights

Blue Vault: Unparalleled Alts Intel and Insights

Johnathan Rickman | Blue Vault We are often asked, “Who is Blue Vault and what do you do?” People understand that we’re a key player in the alts industry, but they’re not...

More articles…

ExchangeRight Increases Market Share in First Half of 2023

ExchangeRight, one of the nation’s leading providers of diversified real estate DST and REIT investments, has announced that it has increased its share of the 1031 DST market in the first half of 2023 compared to the 2022 year, representing more than 33% growth, according to a recent report by Mountain Dell Consulting. The report shows that ExchangeRight’s $201.88 million of DST equity raised year-to-date positions the company as the fourth largest sponsor in the securitized 1031 exchange marketplace as measured by equity raised.

US warehouse rents will defy logistics transportation rate drop -Prologis CEO

Warehouse rents will continue to rise even as other supply-chain costs tumble from pandemic highs, the CEO of the world’s largest warehouse landlord told Reuters on Tuesday. Lease prices have proven far more resilient than air, ship, truck and train transportation rates which have dropped sharply due to the consumer spending shift from goods to services, inflation and higher borrowing costs…

Why NYX Capital Sold Its $310M Self-storage Portfolio: President and CEO Yashar Fatehi Cites Economy, Market Conditions for Timing of Sale

After making Canada’s largest self-storage portfolio sale thus far in 2023, the CEO of NYX Capital Corp. says his company is not completely exiting the sector. NYX, a Toronto-based private equity real estate investment firm with over $1 billion assets under management, sold its $310-million self-storage portfolio last month. The income-producing properties were sold to Ladera Ranch, Calif.-based SmartStop Self Storage REIT – a $300-million acquisition of eight Ontario properties.

Homes Are Selling for Near-Record Highs as Supply Falls to New Low, Demand Picks Up

A record low number of homes for sale combined with an uptick in homebuyer demand propped up housing prices in June, even as elevated mortgage rates kept many buyers on the sidelines. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median U.S. home sale price was $426,056 in June, just 1.5% ($6,341) below the all-time high of $432,397 set in May 2022…

DON’T MISS OUT

Subscribe to our free email for the latest alts news and analysis