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.
Manulife U.S. REIT signs letter of intent to sell Phipps Tower to sponsor by Kali Persall | May 25, 2023 Manulife U.S. REIT has signed a letter of intent with its sponsor, The Manufacturers Life Insurance Company, for the proposed sale of Phipps Tower, a 20-story class-A office building in Atlanta.
The nation’s rich making the shift to private equity and real estate by Mike Consol | May 25, 2023 How do the wealthy invest today, and what can we learn from them? While there is no single approach, there are lessons to be learned from how high-net-worth (HNW) investors manage their wealth and transfer it to future generations.
Aegis Consulting joins Commonwealth’ financial adviser network by Kali Persall | May 25, 2023 Commonwealth Financial Network, a registered investment adviser, has added Aegis Consulting to its network of independent financial advisers.
3650 REIT provides loan to refinance 264-unit Connecticut multifamily property by Released | May 24, 2023 3650 REIT has originated a $58 million loan to refinance the Brookview Commons multifamily property in Connecticut.
Hamilton Lane Impact Fund II holds final close at $370m by Kali Persall | May 24, 2023 Hamilton Lane has closed its second impact fund with more than $370 million of commitments — more than 3.75 times larger than its predecessor fund.
Intercontinental Real Estate promotes two to senior managing director by Kali Persall | May 24, 2023 Intercontinental Real Estate Corp., a national real estate investment, development and management firm and an SEC-registered investment adviser, has promoted Bart Weinstein and Matt Harrington to senior managing directors — co-heads of institutional services.
