Other NFP to acquire Bronfman Rothschild NFP has entered into a definitive agreement to acquire wealth advisory firm Bronfman E.L. Rothschild.
Energy Carbon emissions break record in 2018 Carbon emissions reached 33.1 gigatons last year, breaking their previous record even though the annual…
Real Estate Multifamily developer launches Opportunity Zone initiative Multifamily developer and investment firm Pollack Shores Real Estate Group has launched an Opportunity Zone…
From the Current Issue Blunting volatility in real estate portfolios by Gene Nusinzon As asset values become more volatile and the real estate cycle matures, investors need to re-evaluate their portfolios in order to create and protect wealth. For those investing in commercial real estate, there is an investment vehicle that can help do just that. An allocation to floating-rate commercial real estate transitional loans can enhance a commercial real estate portfolio by dampening its sensitivity to interest rates and credit spreads, while bolstering its income potential.
From the Current Issue That’s a whole lotta house: The $33t housing market has appreciated by 49% since 2012 by Mike Consol After gaining another 6.2 percent in 2018, the booming U.S. housing market has reached a total value of $33.3 trillion, a 49 percent, $10.9 billion increase in just seven years. During 2018 alone, the housing market accumulated another $1.9 billion in value.
Real Estate Family offices invest in infrastructure Internet fund Mount Elbert Capital Partners has completed the final closing of its first fund, Mount Elbert…
Real Estate New Orleans Redevelopment Fund plans $100m opportunity zone fund The New Orleans Redevelopment Fund has plans to raise $100 million to develop properties in…
Other Global fintech investments rocket to $111.8b record year in 2018 Fintech investment globally more than doubled during 2018 with an estimated $111 billion or more…
From the Current Issue Class is in session: Wendy Benson, head of wealth management at MassMutual, learned early in life the power of financial information by Mike Consol Come back in time and travel with me to the town of Camillus, New York, an upstate community of industrious men and women who, today, we consider one of the many vertebrae that made up the backbone of America’s industrial might. These were largely blue-collar people who used hard work and determination to make their way in life. For financial services executive Wendy Benson, these were also family members and the vivid memories of her youth. While manual labor earned a solid middle-class living for millions in those pre–Information Age days, the later years of life sometimes brought financial struggles to people who could have benefitted significantly from some longer-term financial guidance — the kind of insights far less available in those times.
From the current issue The view from New England: New energy infrastructure must be a priority by Don Santa