Algonquin Power & Utilities initiates a strategic review of renewable energy group by Released | May 15, 2023 Algonquin Power & Utilities Corp.’s board of directors has initiated a strategic review of the company's renewable energy group
Office sector continues to show signs of distress by Loretta Clodfelter | May 12, 2023 The office sector is facing significant distress, according RSM’s latest Office Sector Outlook, driving investors to approach the sector with creativity and innovation.
Clarion Partners Real Estate Income Fund to commence tender offer in June by Kali Persall | May 12, 2023 Clarion Partners Real Estate Income Fund’s (CPREIF) board of directors has approved a tender offer for up to 5 percent of the fund’s aggregate net asset value (NAV).
Gloria Gil to take up senior investment officer role at the Oregon State Treasury by Kali Persall | May 12, 2023 Gloria Gil, a partner at Alpine Grove Partners since 2021, will join the Oregon State Treasury (OST) in July. She will serve as the senior investment officer for the OST’s $14 billion real estate portfolio.
JLL appoints Yao Morin to new CTO role by Kali Persall | May 12, 2023 JLL has appointed Yao Morin to the newly created role of chief technology officer (CTO).
Continued housing market slowdown amid rapidly increasing prices by Denise Moose | May 12, 2023 In the first month of second quarter 2023, the housing market had to endure the effects of rate hikes from March’s Federal Reserve meeting, resulting in continued reduced market activity, according to a recent report by HouseCanary titled U.S. Housing Market – State Level Report 55.
Jennifer McCosley joins Beacon Pointe Advisors as a senior wealth adviser by Kali Persall | May 11, 2023 Beacon Pointe Advisors has appointed Jennifer McCosley as a senior wealth adviser.
CRPTF mulls $150m commitment to Grain Communications Opportunity Fund by Kali Persall | May 11, 2023 The Connecticut Retirement Plans and Trust Funds (CRPTF) is considering a $150 million investment in Grain Communications Opportunity Fund IV (GCOF IV), a closed-end communications fund managed by Grain Management.
IndexIQ launches exchange-traded fund in partnership with CBRE IM by Kali Persall | May 11, 2023 IndexIQ, a New York Life Investments company, has launched its newest exchange-traded fund, the IQ CBRE Real Assets ETF (IQRA).
U.S. self-storage sales volume hits $10b in 2022 by Kali Persall | May 11, 2023 The U.S. self-storage sector saw $10 billion in storage facility sales in 2022, representing an 18.7 percent decrease from the exceptional sales volume in 2021, according to Yardi Matrix data. However, Yardi’s research indicates 2022 levels are still higher than previous years.
SPI Advisory acquires 264-unit multifamily community in suburb south of Austin, Texas by Denise Moose | May 11, 2023 SPI Advisory and its 1031 partners finalized the acquisition of The Bradford, a 264-unit, class-A, institutional-quality, value-add apartment community in Texas
Bill Gates goes nuclear with Wyoming pilot project by Mike Consol | May 10, 2023 Bill Gates is looking to prove a couple of points. Point No. 1: A new generation of nuclear power plants designed by TerraPower — the company he founded and for which he serves as chairman — will be safer, cheaper and produce less radioactive waste. Point No. 2: Next-gen nuclear-generation stations can replace decommissioned coal plants and offer employment opportunities to coal workers who would otherwise lose their jobs.
U.S. passenger rail projects finally get some traction by Mike Consol | May 10, 2023 The United States has not been a transportation leader in passenger rail for a long time, let alone set technology standards in the space, but Andy Kunz, founder and president of the US High Speed Rail Association, says major progress is being made on the domestic front.
Washington State Investment Board commits $150m to Monarch Capital Partners VI by Kali Persall | May 10, 2023 The Washington State Investment Board (WSIB) has approved a $150 million commitment to Monarch Capital Partners VI, managed by Monarch Alternative Capital.
BentallGreenOak hires Ryan Severino as chief economist, head of research by Released | May 10, 2023 BentallGreenOak (BGO), a global real estate investment management adviser and a globally recognized provider of real estate services, has appointed Ryan Severino to the newly created role of chief economist and head of research for the firm’s U.S. business.
