Professional Services Perspectives

read the latest content from fintech and other service firms

Headlines

Cetera to Buy Tax-Focused Avantax in $1.2B Deal

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…

Stay informed about alts

Subscribe to our free emails

Recent News

More articles…

TIAA Plans to Introduce a Nontraded REIT

TIAA’s London-based real estate arm is introducing a nontraded real estate investment trust in the coming months, PERE News reported, citing unnamed sources familiar with the vehicle.

DON’T MISS OUT

Subscribe to our free email for the latest alts news and analysis