Professional SErvices News
read the latest about the firms transforming how wealth advisors implement alts in their practices
Headlines
Griffin Capital Qualified Opportunity Zone Fund II, L.P. Announces the Completion of Construction on a 292-Unit Multifamily Community in Madison, TN
Station A consists of a four-story apartment community featuring a variety of floor plans, including studios, one-, two-, and three-bedroom units.
Eagle Point’s Defensive Income Strategy Celebrates Fifth Anniversary with Over $5 Billion in AUM
Since launching the strategy in 2020, Eagle Point has originated and invested in over $8 billion of portfolio debt securities.
National Property REIT Corp., a Prospect Capital Corporation Portfolio Company, Exits Crown Point Property with a 19.1% IRR and 2.6x Cash-on-Cash Multiple
The sale achieved a 19.1% internal rate of return and a 2.6x cash-on-cash multiple on the investment.
iCapital® Makes Strategic Investment in LYNK Markets, Partners to Scale Adoption of Alternatives Globally Through Private Alternative Investment Fund Notes
Strategic investment reinforces iCapital’s global commitment to expanding access and distribution of alternative fund strategies, partnership will have initial focus on the Latin American wealth channel.
Recent News
What was the median weighted average interest rate for the debt of nontraded REITs as of June 30, 2023?
What was the median weighted average interest rate for the debt of nontraded REITs as of June 30, 2023? Answer: The median weighted average interest rate across the active...
US Home Prices Continue Upward Trajectory in September
Arpita Banerjee and Ronamil Portes | S&P Market Intelligence US home prices continued their upward trend in September, reflecting a persistent shortage of housing...
Wealthtech Addepar Shares Latest Updates, Including Focus on Generative AI
Omar Faridi | Crowdfund Insider New functionality and attributes are expected to fuel growth and scale in 2024, according to an update from Fintech firm Addepar. As part of...
Cove Capital Investments Fully Subscribes Its Debt-Free Cove Essential Net Lease 58 Delaware Statutory Trust Portfolio
Cove Capital Investments Cove Capital Investments, LLC, a DST sponsor company that specializes in providing accredited investors access to debt-free investment options for...
StratCap Secures Portfolio of 72 Cell Towers
Business Wire StratCap (“StratCap” or “the Company”) announced today that its wireless infrastructure division (StratCap Wireless) has completed the acquisition of 60 cell...
CIM Real Assets & Credit Fund Announces Significant Reduction in Incentive Fee
Business Wire CIM Real Assets & Credit Fund (“CIM RACR” or the “Fund”) announced today that its investment adviser has agreed to a reduction in its incentive fee to 15%...
More articles…
Which closed-end fund managed by NexPoint Advisors is in the process of converting to a diversified REIT?
Answer: NexPoint Strategic Opportunities Fund (NYSE: NHF); On March 31, 2021, the Company filed an application with the Securities and Exchange Commission (the “SEC”) for an order under…
US Hotel Occupancy Peaks Ahead of Memorial Day
Occupancy at U.S. hotels in the week ended May 29 rose to its highest level at 61.8% since late February 2020, buoyed by the Memorial Day weekend, according to…
Leitbox Commentary on the National Self Storage Association Conference
Our entire development team attended the National SSA Conference last week in Nashville, Tennessee. With a packed house of industry participants…
Blackstone REIT and Blackstone Infrastructure Partners to Acquire Data Center REIT
The Blackstone Group Inc. funds reached an agreement to acquire data center real estate investment trust QTS Realty Trust Inc. in a $10 billion transaction, including…
Federal Budget For ‘Made In America’ Manufacturing Could Mean Even More Industrial Demand
In its proposed fiscal year 2022 U.S. federal budget, the White House allocated $600B in funds to support the creation of U.S.-based manufacturing jobs. The administration intends…
KBS Real Estate Investment Trust III Commences $350 Million Self-Tender Offer
KBS Real Estate Investment Trust III, Inc.’s (the “Company”) board of directors has approved a self-tender offer for shares of the Company’s common stock, par value $0.01 per share, to commence on…
Net-Lease Investment Activity Close to Pre-Pandemic Levels
Investment in U.S. net-lease properties was close to pre-pandemic levels in Q1 2021, driven by robust institutional acquisition activity, increased interest in office assets as…
Off-Campus Student Housing Emerges from COVID-19 on Strong Footing
Despite navigating through the uncertainty of school closings, hybrid learning and various restrictions on…
Prologis to Sell US Industrial Building Portfolio to Black Creek Industrial REIT IV
Affiliates of industrial real estate investment trust Prologis Inc. agreed to sell the entire fee interest in 48 industrial buildings across…
What Could The $2.25 Trillion Infrastructure Bill Mean For The Real Estate Industry?
The American Jobs Plan is a proposed $2.25 trillion infrastructure bill that President Joe Biden is trying to steer through Congress. The wide-spanning bill covers…










