Argosy Real Estate Partners acquires opportunity zone site for multifamily project in Austin by Released | May 31, 2023 Argosy Real Estate Partners, in partnership with Presidium, has acquired an approximately seven-acre opportunity zone site in Austin for the development of a 307-unit multifamily community.
Energy and natural resources executives expect temporary slowdown in decarbonization rate by Released | May 31, 2023 While energy and natural resources executives remain bullish on their long-term ambitions toward net-zero carbon, they anticipate a short-term slowdown in the rate of decarbonization due to turmoil in energy markets in the past year, according to Bain & Co.’s third annual Global Energy and Natural Resources report.
Office market sees greater emphasis on flexibility by Loretta Clodfelter | May 31, 2023 Flexibility is the name of the game for the office sector in the post-pandemic era. The hybrid work model — employees dividing their time between home and office — has come to dominate the market, and flexible office solutions are stepping in to support greater flexibility in where employees work.
AI drives demand for semiconductor manufacturing space by Loretta Clodfelter | May 31, 2023 On a global basis, demand for semiconductor space has grown significantly in the past decade, and the rise of artificial intelligence (AI) is likely to drive even more demand.
Inland’s Diversified Residential Portfolio III fund raises $167m by Larry Gray | May 30, 2023 Diversified Residential Portfolio III DST, a fund sponsored by Inland Private Capital Corp. (IPC), has raised $167 million from 286 investors to date, according to a recent Form D filing with the Securities and Exchange Commission.
Landmark Properties announces student housing project for University of Tennessee by Larry Gray | May 30, 2023 Landmark Properties has announced its second project in a build-to-core joint venture with Toronto-based Manulife Investment Management.
Ohio Police & Fire Pension Fund logs overall positive return through Q1 2023 by Kali Persall | May 30, 2023 The $17.1 billion Ohio Police & Fire Pension Fund (OP&F) has recorded a 3.5 percent return on the entire portfolio through first quarter 2023.
Ballast Rock launches Ballast Rock Capital by Kali Persall | May 30, 2023 Ballast Rock Group has announced the formation of Ballast Rock Capital (BRC), a SEC-registered broker-dealer. The broker-dealer initially will handle transactions for Ballast Rock Asset Management.
U.S. GDP growth revised up to 1.3% in Q1 by Loretta Clodfelter | May 30, 2023 First-quarter 2023 GDP growth has been revised upward to an annual rate of 1.3 percent, according to the second estimate released by the Bureau of Economic Analysis. This is 0.2 percentage points higher than the advance estimate of first-quarter GDP growth released in April.
Integrated Partners Adds Michigan-based advisory teams by Released | May 26, 2023 Integrated Partners, a national, holistic financial planning and registered investment advisory firm, announced that Wealthcare Management Services (WMS) and JMB Financial Services Group — both located in Bloomfield, Mich. — as the latest affiliate partners to join the firm.
Upgrading utility transmission infrastructure key to unlocking data centers’ potential by Kali Persall | May 26, 2023 The current state of utility transmission infrastructure is impeding U.S. data centers’ transition to renewable energy, according to a recent report from CBRE.
The growing opportunity in farmland investing by Mike Consol | May 26, 2023 The U.S. farmland market is 2.2 times larger than other U.S. real estate asset classes. Yet, institutional farmland ownership represents less than 1 percent of the more than 300 million acres of land compared to 10 percent to 20 percent institutional ownership across other real estate property types.
The Mather Group acquires Clear Perspectives Financial Planning by Kali Persall | May 26, 2023 The Mather Group (TMG), a wealth management firm with more than $11.7 billion in combined assets under management and assets under advisement, has acquired Clear Perspectives Financial Planning, a registered investment adviser firm based in Cincinnati.
Julia Butler joins KKR Real Estate Select Trust as CIO by Kali Persall | May 25, 2023 Julia Butler has been appointed to the newly created role of CIO at KKR Real Estate Select Trust (KREST).
ShopOne, Pantheon and institutional investor snap up Heritage Park Plaza in Massachusetts by Kali Persall | May 25, 2023 ShopOne Centers REIT, a fully integrated U.S. grocery-anchored shopping center investment, management and operating platform, has acquired the 117,337-square-foot Heritage Park Plaza in Massachusetts in a joint venture along with Pantheon and a global institutional investor.
