Professional SErvices News
read the latest about the firms transforming how wealth advisors implement alts in their practices
Headlines
Leveraging Peer Power: Five Reasons Why You Should Join Blue Vault’s Community Groups
Learn how Madrona Financial’s Brian Evans has grown his advisory practice by integrating alternative investment strategies at our next meeting on Monday, October 21, 2024!
Prospect Capital Corporation Extends and Increases Revolving Credit Facility to Over $2.1 Billion of Aggregate Commitments
Prospect Capital Corporation (NASDAQ: PSEC) has extended its revolving credit facility commitments to $2.1215 billion from 48 banks, with an accordion feature allowing for a potential increase to $2.25 billion, supporting its investment and financing needs.
Madison Capital Group Secures $17 Million Construction Loan for The James, an 86-Unit Luxury Community in Charlottesville
Madison Capital Group has obtained a $17 million loan from Longline Holdings to construct The James, an 86-unit luxury apartment community in Charlottesville, VA, strategically located near key employment hubs and amenities.
Bluerock Value Exchange Launches $31.6 Million Diversified Industrial Portfolio IV DST
Bluerock Value Exchange launches BR Diversified Industrial Portfolio IV, DST, seeking $31.6 million for three leased industrial properties in South Carolina and Tennessee, focusing on stable cash flow and capital appreciation.
Recent News
This Year Marked a Turning Point for Multifamily Fundamentals
This Year Marked a Turning Point for Multifamily Fundamentals December 30, 2022 | Erik Sherman | GlobeSt.com There’s good news in 2023 for multifamily says a CBRE report....
Median November Total Returns to Continuously Offered NTRs Are Negative
Median November Total Returns to Continuously Offered NTRs Are Negative December 29, 2022 | James Sprow | Blue Vault The 15 continuously offered nontraded REIT programs...
3 Ways To Improve Your Website
3 Ways To Improve Your Website December 29, 2022 | Marketing Intent Does your website provide a compelling journey for financial advisors, or is it a confusing maze of...
Stacy Chitty: Why Blue Vault was Founded
In this video clip, Stacy Chitty (Founder, Managing Partner for Blue Vault), explains why Blue Vault was started and what it provides to advisors &...
How interval funds can become an advisor’s access key to alternatives
Justin L. Mack | Financial Planning | On this week’s episode of the Financial Planning Podcast, Jeff Schwaber talks about unlocking the power of interval funds for...
‘Lucrative’ NNN Retail Deals Are Coming in 2023
‘Lucrative’ NNN Retail Deals Are Coming in 2023 December 28, 2022 | Kelsi Maree Borland | GlobeSt.com The triple-net retail sector is not unfamiliar with challenges. Online...
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How Cloud-Based Software Is Transforming the Commercial Real Estate Industry
Commercial real estate is an industry driven by huge volumes of data, making it uniquely positioned to benefit from broad-based cloud adoption.
Griffin-American Healthcare REIT IV Acquires Medical Office Building in Surprise, Ariz.
Griffin-American Healthcare REIT IV has announced that, on April 27, 2018, it acquired the Surprise Medical Office Building (MOB) from Banyan Surprise Plaza LLC, an unaffiliated third party, for a contract purchase price of $11.65 million plus closing costs.
Lightstone Executive Announces Resignation
On May 7, 2018, Donna Brandin, Executive Vice President and Chief Financial Officer of The Lightstone Group announced that she will be leaving Lightstone during the final year of her employment contract to pursue other opportunities.
Griffin Acquires Large Shaw Asset, Replaces DreamWorks Disposition
On May 7, Griffin Capital Essential Asset REIT, Inc. announced its acquisition of the Shaw Distribution Center – Northport Building C located in Savannah, Georgia for $56.5 million.
Resource Income Opportunity REIT to Liquidate
In an 8-K filed May 8, Resource Income Opportunity REIT, Inc. (the “Company”) terminated its offering of up to $1.1 billion in shares of common stock, par value $0.01 per share, to be sold pursuant to its public primary offering and distribution reinvestment plan.
Significant Carter Validus Mission Critical REIT Tenant Declares Bankruptcy
On May 4, 2018, Bay Area Regional Medical Center, LLC (“Bay Area”), a tenant of Carter Validus Mission Critical REIT, Inc. (“the Company”) announced in a press release that it is closing its operations on May 10, 2018, and filing for bankruptcy in the near term.
Black Creek Group Names Raj Dhanda as First CEO
Black Creek Group, a Denver-based real estate investment management firm with approximately $7.9 billion in US assets under management, announced the appointment of Raj Dhanda as its first chief executive officer.
Strategic Student & Senior Housing Trust, Inc. IPO Declared Effective
Strategic Student & Senior Housing Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management LLC, announced that its initial public offering of approximately $1.1 billion in shares of common stock was declared effective by the SEC on May 1, 2018.
Blackstone Real Estate Income Trust’s New Dealer Manager Agreement Provides Selling Commission
On May 1, 2018, Blackstone Real Estate Income Trust entered into an Amended and Restated Dealer Manager Agreement with Blackstone Advisory Partner L.P. (its Dealer Manager) that provides for…
Carter Validus Mission Critical REIT Suspends Share Redemption Program (SRP)
On April 30, 2018, Carter Validus Mission Critical REIT determined that it had reached its limit on share redemptions, and that it will not be able to fully process all repurchase requests for the month of April 2018.











