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SmartStop Self Storage Sponsors ‘Flight for Hope’ Round-the-World Journey

SmartStop Self Storage REIT Inc., a self-managed real estate investment trust, is sponsoring the plane for Flight for Hope, a round-the-world journey by Callum Wallace to raise awareness and funds for the nonprofit Home Suite Hope and other charities. An advisor at real estate firm Engel & Völkers Oakville, Wallace is the fourth Canadian to attempt the challenge, according to a press release….

Overall QOF Equity Bounces Back in Second Quarter, but Far Behind 2022 Numbers

Qualified opportunity funds (QOFs) tracked by Novogradac reported raising $2.01 billion in equity over the first six months of 2023, including $1.33 billion during the second quarter of the year. Equity reported by QOFs tracked by Novogradac reached a cumulative $36.10 billion as of June 30, 2023. Novogradac is tracking 1,731 QOFs, of which 1,330 report a specific amount raised…

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JLL REIT buys $95M Kentucky distribution center

JLL REIT buys $95M Kentucky distribution center

JLL REIT buys $95M Kentucky distribution center February 11, 2021 | Real Estate Weekly JLL Income Property Trust, an institutionally managed daily NAV REIT, announced the...

Hotel Assets Aren’t Going Back to Lenders

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...

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Finra Freezes Executive Pay as Revenue Declines

Finra Freezes Executive Pay as Revenue Declines July 5, 2017 | by Mason Braswell | AdvisorHub Seven top executives at the Financial Industry Regulatory Authority earned at least $1 million in 2016 but a 6% decline in revenue has led the industry-financed organization...

Blackstone agrees to buy Singapore-listed REIT for $650 mln

Blackstone agrees to buy Singapore-listed REIT for $650 mln June 28, 2017 | Reuters   SINGAPORE, June 28 (Reuters) – U.S. private equity group Blackstone Group LLP agreed to buy Singapore-listed and Japan-focused Croesus Retail Trust (CRT) for S$900.6 million...

DOL Asks You if it Should Delay Fiduciary Rule Again

DOL Asks You if it Should Delay Fiduciary Rule Again June 30, 2017 | By Alex Padalka | Financial Advisor IQ The Department of Labor has issued a request for information on the fiduciary rule, comments from which could lead to an eventual delay of its scheduled...

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