FS Investments, a leading alternative asset manager with more than $20 billion in assets under management, today announced that it has hired Ryan Robertson as the firm’s National Sales Manager reporting directly to Steve DeAngelis, Executive Vice President and Head of Distribution.

Steadfast Income REIT, Inc. (“SIR”) announced November 13 that it has entered into a joint venture arrangement with Blackstone Real Estate Income Trust, Inc. (“BREIT”) with respect to 20 of the 63 apartment communities owned by SIR. In the transaction, BREIT will acquire a 90 percent ownership interest in the 20-apartment community portfolio for approximately $460.8 million in cash and debt assumption.

On November 13, 2017, Summit healthcare REIT, Inc. (“Summit”) announced it has acquired an interest in six skilled nursing/assisted living/independent living facilities throughout Iowa on November 8, 2017.

VEREIT, Inc. (NYSE: VER) (“VEREIT”) , a full-service real estate operating company, and CIM Group, an integrated, full-service real assets investment manager, today announced the signing of a purchase agreement for the sale of Cole Capital (“Cole”), VEREIT’s investment management business, to an affiliate of CIM Group (together with CIM Group, “CIM”).

Research from iCapital Network has identified the principal business strategies shared by the top 5 percent of advisors—those consistently earning $1 million or more in annual income.

The supply-demand outlook in commercial real estate markets took a slight dip nationwide for the first time since early 2016 and financing for some CRE property types is getting more difficult to arrange.

Approximately 277 million sq. ft. of industrial space is currently under construction.

With both Congress and the main US regulatory agencies addressing the confusion surrounding HVCRE, hopefully there will be some relief for banks and their CRE borrowers.