Professional Services Perspectives
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Cetera to Buy Tax-Focused Avantax in $1.2B Deal
Cetera to Buy Tax-Focused Avantax in $1.2B Deal September 11, 2023 | Janet Levaux | Think Advisor Cetera Financial Group is buying Avantax, formerly Blucora, in an all-cash transaction for $1.2 billion — a transaction that adds Fidelity as a...
Visualizing Blackstone REIT’s Recent Capital Raise History
Beginning in the fourth quarter of 2022, common stock redemptions by several continuously offered nontraded REIT programs became a major news item for the nontraded REIT industry. Blackstone Real Estate Income Trust, as the largest of the active nontraded REITs with total assets of $138 billion as of June 30, 2023, garnered the most news coverage when common shareholders requests for common stock redemptions exceeded its monthly limit of 2% of NAV for November 2022…
AltsDay 2023 Registration Now Open
Join us for a one-day virtual educational event focused on the alternative investments market....
Blue Vault Q2 2023 Performance Reports Update
Blue Vault Q2 2023 Performance Reports Update 9-11-2023 Blue Vault has published Q2 2023...
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More than 1,300 department stores closed last year — here’s how malls are scrambling to survive
More than 1,300 department stores closed last year — here’s how malls are scrambling to survive “The pandemic has accelerated what we thought was the normal trend by about...
Blackstone’s Gray Talks Recovery Plays, Perpetual Funds as Pandemic’s End Nears
Blackstone’s Gray Talks Recovery Plays, Perpetual Funds as Pandemic’s End Nears June 8, 2021 | S&P Global Market Intelligence With expectations that the end...
The Southwest Is America’s New Factory Hub. ‘Cranes Everywhere.’
The Southwest Is America’s New Factory Hub. ‘Cranes Everywhere.’ Five states in the region accounted for 30% of U.S. job growth in manufacturing over three years, adding...
Construction Costs Cut into Yields for Apartment Developers
Construction Costs Cut into Yields for Apartment Developers Many developers are hoping rising rents will eventually make up for the higher costs to build new projects. June...
Which closed-end fund managed by NexPoint Advisors is in the process of converting to a diversified REIT?
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...
US Hotel Occupancy Peaks Ahead of Memorial Day
US Hotel Occupancy Peaks Ahead of Memorial Day June 7, 2021 | S&P Global Market Intelligence Occupancy at U.S. hotels in the week ended May 29 rose to its highest level...
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FS Investments Announces Partnership with KKR
FS Investments, a leading alternative investment manager, and KKR, a leading global investment firm, today announced that they have entered into an agreement to create the largest business development company (BDC) platform, with $18 billion in combined assets under management.
JLL Income Property Trust Celebrates Five Years: A Conversation with Allan Swaringen
After building an admirable track record providing pension funds and endowments with high quality, diversified core real estate, industry giant LaSalle Investment Management saw an opportunity to bring its 40 years of institutional experience to individual high-net-worth investors.
Why private equity wants a piece of the RIA market
Several factors, including consolidation in the independent advice industry and PE’s own growing mountain of cash, are fueling the zeal to invest
Corporate Capital Trust II to Suspend Offering, May Change Advisor
On December 11, the board of trustees of Corporate Capital Trust II, a business development company (BDC) that invests in the debt of privately owned American companies, announced that the fund intends to suspend its offering to new investors effective January 10, 2018.
Lightstone Value Plus REIT V Announces $7.98 NAV Per Share
The board of directors of Lightstone Value Plus Real Estate Investment Trust V Inc., (formerly Behringer Harvard Opportunity REIT II, Inc.) a publicly registered non-traded REIT, determined and approved an estimated net asset value per share of $7.98 for the company’s common stock, as of September 30, 2017.
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