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It Should Be Obvious What Rising Rates Are Doing to Commercial Real Estate

In an article we published on the Blue Vault website on September 6, 2023, we asked the question “What Happened to Ares Industrial REIT’s NAVs.” After looking at the possible relationship between Ares Industrial REIT’s NAVs over the past two years and the monthly returns posted by NAREIT’s listed REITs categorized as “Industrial” REITs, we concluded that the factors impacting listed REITs with similar investments in industrial assets couldn’t be the cause for Ares Industrial REITs relatively lackluster trends in per share NAVs…

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Triloma EIG Energy Income Funds Invest in Felix Energy

Triloma EIG Energy Income Fund and Triloma EIG Energy Income Fund – Term I (the “Funds”) announced today their participation, alongside certain other private funds and accounts managed by EIG Global Energy Partners (“EIG”), in up to $225 million of a $300 million Senior Secured First Lien Note issuance by Felix Investments Holdings II, LLC (“Felix”).

FS Appoints Ryan Robertson as National Sales Manager

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 Enters Joint Venture with Blackstone REIT

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.

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