Professional Services Perspectives
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What Government Can and Cannot Do to Make Housing “Affordable”
The U.S. has a “housing shortage” and a popular part of that theme today is an “affordable housing” shortage. Honest economists would have to question that conclusion…
Blackstone NAV REIT Performance Outshines Cash Flow Concerns
Despite indications that Blackstone’s nontraded real estate investment trust (NAV REIT) has struggled to deliver on redemptions, the diversified fund has shown “consistently better” total returns than its peers, proving its post-pandemic staying power, Blue Vault researchers say. As more second-quarter data become available, we’re finding that Blackstone’s Real Estate Income Trust has outperformed or held steady against many of the other large NAV REITs it competes with, said Blue Vault Senior VP James Sprow on Blue Vault’s July 26 webinar, A Deeper Look at Blackstone. Sprow said this is due to several factors, including: Limited office sector exposure, a consistently positive risk-vs-return profile, and a 0.69% rise in NAV in Q2 2023 — the largest Q2 2023 rise in NAV among nontraded REITs…
IRS Extends Relief to 2023 for SECURE Act Era Designated Beneficiaries
The Internal Revenue Service recently issued Notice 2023-54, in which they waived the excise tax on 2023 required minimum distribution failures committed by designated beneficiaries. This extends the waiver already provided for 2021 and 2022 under Notice 2022-53….
Private equity fundraising down 35% in Q2, Preqin says
Private equity funds worldwide had a difficult time on the fundraising trail in the second quarter, raising a combined $106.7 billion, down from $164.4 billion in the prior quarter and also down from $165.3 billion in the year-earlier quarter, according to a just-released Preqin report….
Recent News
Hotel Assets Aren’t Going Back to Lenders
Hotel Assets Aren’t Going Back to Lenders Capital is entering the space, which is helping maintain values. February 10, 2021 | Les Shaver | GlobeSt.com While the hotel...
JLL Income Property Trust Announces Tax Treatment of 2020 Distributions
JLL Income Property Trust Announces Tax Treatment of 2020 Distributions February 9, 2021 On February 5, 2021, JLL Income Property Trust, an institutionally managed daily NAV...
Which Private Fund Sponsor was founded in 1967 by four Chicago-area school teachers and has raised $1.748 billion over the last two years, leading all Private Fund Sponsors over that time period, according to Stanger Research?
Which Private Fund Sponsor was founded in 1967 by four Chicago-area school teachers and has raised $1.748 billion over the last two years, leading all Private Fund Sponsors...
Since reaching a low of $3.58 per share on April 3, 2020, what was the price per share of Bluerock Residential Growth REIT, Inc. (BRG) common stock on the first trading day of 2021?
Since reaching a low of $3.58 per share on April 3, 2020, what was the price per share of Bluerock Residential Growth REIT, Inc. (BRG) common stock on the first trading day...
ExchangeRight Continues to Sell its Multifamily Investments with Latest Full-Cycle Event
ExchangeRight Continues to Sell its Multifamily Investments with Latest Full-Cycle Event February 10, 2021 PASADENA, Calif. – ExchangeRight has brought its North...
Hamilton Lane Selects UMB Fund Services as Administrator of Firm’s First U.S. Registered Closed-End Fund
Hamilton Lane Selects UMB Fund Services as Administrator of Firm’s First U.S. Registered Closed-End Fund February 9, 2021 MILWAUKEE (Feb. 9, 2021) – UMB Fund Services, Inc....
More articles…
Crisis-era CMBS proving less worrisome than once feared
Crisis-era CMBS proving less worrisome than once feared July 6, 2017 | by Jake Mooney and Zach Fox | SNL High property values and abundant capital from a variety of lending sources are helping commercial real estate property owners refinance their debt, even on...
At Phillips Edison & Company, company culture is the driver of success
At Phillips Edison & Company, company culture is the driver of success With expertise in grocery-anchored shopping centers, this commercial real estate company has a commitment to community in its DNA. June 5, 2017 | by Stephanie Walden | Cincinnati.com While...
Resource Real Estate Diversified Income Fund (RREDX) Announces Quarterly Distribution and New L Share Class
Resource Real Estate Diversified Income Fund (RREDX) Announces Quarterly Distribution and New L Share Class July 7, 2017 | BUSINESSWIRE PHILADELPHIA–(BUSINESS WIRE)–Today, Resource Real Estate Diversified Income Fund (the “Fund,” ticker RREDX) announced...
Blackstone to Buy Exhibit Space Provider
The company will be joined by Firestone Investments in the acquisition of International Market Centers. The transaction is on track to close in the third quarter of 2017.
A Basic Overview of Commercial Real Estate Leases
A Basic Overview of Commercial Real Estate Leases July 7, 2017 | by Beth Glavosek | Blue Vault Occupancy and tenant relationships are an important part of commercial real estate ownership. The structures of tenant leases can vary, depending upon who is expected to...









