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”).