Congress introduces bills to convert vacant offices into affordable housing with new tax credit by Andrea Zander | Aug 7, 2024 Bills introduced in both houses of Congress on July 11 propose a federal tax credit to support converting older, underused offices and commercial buildings into residential real estate. The bills aim to alleviate housing shortages and revitalize downtown areas, reports Novogradac. Â
Leon Capital Group partners with iCapital by Released | Aug 7, 2024 Leon Capital Group has formed a partnership with iCapital.
Bridgeview Real Estate launches student housing Texas offering by Andrea Zander | Aug 7, 2024 Bridgeview Real Estate, a Delaware statutory trust sponsor company and developer, has launched a $27.2 million DST offering.Â
Trace Midstream enters the Northern Delaware Basin with acquisition of LM Energy’s natural gas gathering and transportation infrastructure by Released | Aug 6, 2024 Trace Midstream Partners II, a portfolio company of Quantum Capital Group, has entered into agreements with LM Energy Delaware, a portfolio company of Old Ironsides Energy, to acquire its natural gas-gathering and transportation assets in the Northern Delaware Basin.
Hamilton Lane reports AUM grew to $129.7b for first fiscal quarter 2024 by Andrea Zander | Aug 6, 2024 Hamilton Lane Incorporated reported its assets under management grew by 11 percent year-over-year, totaling $129.7 billion for the first fiscal quarter ending June 30.
Thousands more people are moving in than out of fire- and flood-prone America, fueled by Migration to Texas and Florida by Andrea Zander | Aug 6, 2024 Scores of people are moving to the parts of America endangered by wildfires, flooding and extreme heat — even as those dangers become more frequent and intense — according to a new report from Redfin.
Sandra Newman and Rebecca Eberhardt join Venable’s wealth planning practice to Chicago by Released | Aug 6, 2024 Sandra K. Newman and Rebecca Eberhardt have joined Venable.
Kingbird Investment Management commentary reveals why multifamily housing remains buoyant by Released | Aug 6, 2024 Kingbird Investment Management highlights the reasons that multifamily properties have avoided going into widespread distress, despite the deterioration of capital market conditions.
Inland Real Estate Group appoints Jovan Marconi as CIO by Released | Aug 6, 2024 The Inland Real Estate Group has appointed Jovan Marconi to CIO.
Blue Owl co-CEOs highlight exceptional fee growth in second-quarter earnings by Andrea Zander | Aug 5, 2024 Blue Owl Capital’s assets under management stood at $192.2 billion at the end of the second quarter, reflecting a 28 percent year-over-year increase from $149.6 billion.Â
Fidelity introduces new technology offerings for small and midsize wealth management firms by Released | Aug 5, 2024 Fidelity Investments has announced two new technology offerings developed specifically for smaller and midsize registered investment advisers.
Investors Capital Group expands portfolio with acquisition of Desert Village Townhomes by Released | Aug 5, 2024 Investors Capital Group (ICG), a firm focused on multifamily real estate investments, has acquired Desert Village Townhomes in St. George, Utah, from CW Group for an undisclosed price above $50 million.
Zenith IOS announces second $700m JV with JP Morgan by Andrea Zander | Aug 5, 2024 Zenith IOS has closed its second industrial outdoor storage (IOS) joint venture with institutional investors advised by J.P. Morgan Asset Management.
Hines announces leadership promotions by Released | Aug 5, 2024 Hines has made several new team promotions.
Alternatives providers increasingly strike partnerships to gather retail assets by Released | Aug 2, 2024 While alternatives providers estimate that just 13 percent of their assets under management (AUM) is sourced from the retail channel, they expect it to climb to 23 percent in the next three years.
