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.
Senior housing occupancy levels rise in April by Kali Persall | May 24, 2023 The senior housing all-occupancy rate increased to 83.5 percent in the April reporting period, up 0.3 percentage points (pps) from March and up 5.7 pps from the 77.8 percent low recorded in June 2021.
Existing home sales decline in April across all major U.S. regions by Kali Persall | May 24, 2023 Existing home sales decreased in April, with all four major U.S. regions registering month-over-month and year-over-year sales declines, according to the National Association of Realtors (NAR).
Fidelity Investments launches multi-strategy credit fund for financial advisers by Kali Persall | May 23, 2023 Fidelity Investments has launched a multi-strategy credit fund, expanding its alternative investments product lineup, which includes 35 funds and $9.8 billion in assets under management, as of March 31.
Financial services veteran joins Pacific Oak Capital Markets by Kali Persall | May 23, 2023 Pacific Oak Capital Markets, a wholesaler and managing broker-dealer for alternative investment offerings, has hired financial services industry veteran Derek Mazza as regional vice president for the Northeast Territory.
Harrison Street and Toll Brothers sell 826-bed student housing community in Arizona by Kali Persall | May 23, 2023 Harrison Street and Toll Brothers, a builder of luxury homes, have announced the sale of Canvas Tempe, an 826-bed student housing community at Arizona State University, to University Partners. Financial terms were not disclosed.
