Professional Services Perspectives
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Headlines
CIM Group Makes $125 Million Loan Commitment, Expandable Up To $200 Million, to Support Applied Digital’s Buildout of a High-Performance Computing Campus in Ellendale, North Dakota
“We are excited to partner with CIM Group to fulfill Applied Digital’s vision for the Ellendale campus,” said Wes Cummins, Applied Digital’s CEO.
Inland Appoints Cathleen M. Hrtanek as Chief Operating Officer
In this role, Ms. Hrtanek is responsible for Inland’s human resources, information technology, risk management, communications, marketing, and purchasing.
Kevin Davis Joins XA Investments as Head of Sales & Distribution
Mr. Davis brings a wealth of alternative investment expertise to bear in leading XAI’s distribution efforts in the interval fund and closed-end fund marketplace.
ExchangeRight’s Essential Income REIT Provided With $75 Million Credit Facility
Securing this Credit Facility with Wells Fargo on behalf of the REIT powerfully advances the execution of ExchangeRight’s aggregation strategy by enhancing the company’s financing capacity, flexibility, and operational resilience.
Recent News
2021: A Record Breaking Year for Altigo
Watch WealthForge’s Blue Vault Bowman Alts Week 2022 presentation, featuring Megan Bosch (Senior Director, Altigo Strategic Accounts). Alternative Investment...
UMB Bank: Lifecycle Support for Alts Product Sponsors
Watch UMB’s Blue Vault Bowman Alts Week 2022 presentation, featuring Jason Fry (Senior Vice President, National Director of Business Development), Mike Huisman (Senior...
ExchangeRight: Stable Income, Capital Preservation, and Tax-Efficient Net-Leased Real Estate Strategies (subscriber-only content)
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Keynote: Breaking Down the Barriers to Investing in Alternative Investments (CAIS)
Watch CAIS’s Blue Vault Bowman Alts Week 2022 keynote presentation, featuring Diana Britton (Managing Editor, Wealth Management), Brendan Ciddihy (Chief Operating...
Keynote: The Democratization of Alternative Investments (Apollo Global Management)
Watch Apollo Global Management’s Blue Vault Bowman Alts Week 2022 keynote presentation, featuring Stephanie Drescher (Partner, Chief Client & Product Development...
Phoenix American: Advanced Fund Administration Services
Watch Phoenix American‘s Blue Vault Bowman Alts Week 2022 presentation, featuring Tony Olivo (Vice President, Sales). Alternative Investment Sponsors may be...
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Leitbox Storage Partners Acquires Majority Interest in Self-Storage Construction Services Company, WSJohnCo
“The acquisition of WSJohnCo represents our continued commitment to improve our programmatic development strategy…”
ICI report on ops headaches for interval fund sponsors flags areas where help is sorely needed, easily found
An interesting recent paper from the ICI Broker/Dealer Advisory Committee, “Consider This: Interval Fund Operational Practices,” looks at several functional areas…
Which nontraded REIT raised $139 million in equity capital in Q3 2020, placing second among all nontraded REITs in capital raised during the quarter?
Answer: Starwood Real Estate Income Trust raised $139 million, including DRIP proceeds, from the issuance of common stock in…
Bow River Capital Selects UMB Fund Services as Administrator of Firm’s First Registered Closed End Interval Fund
MILWAUKEE (Jan. 7, 2021) – UMB Fund Services (UMBFS), a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), is pleased to announce…
Which nontraded REIT outbid CIM Real Estate Finance Trust to acquire Cole Office & Industrial REIT II (CCIT II) in a stock-for-stock transaction?
Answer: Griffin Capital Essential Asset REIT, Inc. will acquire Cole Office & Industrial REIT II (CCIT II) in a…






