Ryman Hospitality Properties extends revolving credit facility by Kali Persall | May 23, 2023 Ryman Hospitality Properties has completed a series of refinancing transactions that extends maturities of the $700 million revolving credit facility and $500 million term loan B.
Rising insurance premiums could affect apartment valuations by Loretta Clodfelter | May 23, 2023 Property insurance premiums are on the rise, driven up by the cost of weather-related events and other natural disasters, and that could have a significant impact on multifamily valuations.
Growing pains lie ahead for U.S. battery boom by Kali Persall | May 22, 2023 Although global energy storage firms are pivoting toward the U.S. battery market on the back of the Inflation Reduction Act (IRA), growing pains lie ahead, according to a new report, Taking Charge: Inside the U.S. Battery Boom, from U.S. law firm Troutman Pepper.
Brett Woodyatt joins Inland Securities Corp. as senior vice president of strategic relations by Released | May 22, 2023 Inland Securities Corp. (ISC), the exclusive dealer manager and placement agent for real estate investment programs offered by Inland Real Estate Investment Corp. and Inland Private Capital Corp., has appointed Brett Woodyatt as senior vice president of strategic relations.
Scott Ford promoted to president of wealth management at U.S. Bank by Kali Persall | May 22, 2023 Veteran wealth management leader Scott Ford has become the new president of wealth management at U.S. Bank.
M&A activity in April led by REIT merger by Loretta Clodfelter | May 22, 2023 Merger activity in April was led by the commercial real estate sector, according to S&P Global Market Intelligence’s M&A Deal Tracker. The biggest deal announced in April was the acquisition of Life Storage by Extra Space Storage for $16.01 billion.
U.S. DOE names FLO a founding member of EV-charging effort by Kali Persall | May 22, 2023 The U.S. Department of Energy (DOE) has named FLO as a founding member of a new effort to develop EV-charging solutions in the United States.
Calamos Investments, Asia launch alternative credit and income fund by Kali Persall | May 19, 2023 Calamos Investments has teamed up with Aksia, a specialist research and portfolio advisory firm providing alternative investment solutions for institutional investors, to launch Calamos Aksia Alternative Credit and Income Fund (CAPIX).
PGIM Real Estate promotes Jamie Shen to head of agriculture by Kali Persall | May 19, 2023 PGIM Real Estate has promoted Jamie Shen, the current CIO and leader of PGIM real estate’s agriculture equity business, to head of agriculture.
Capital Square fully subscribes DST offering of multifamily community in Georgia by Denise Moose | May 19, 2023 Capital Square announced that its offering, CS1031 Lakeside on Riverwatch Apartments DST, has been fully subscribed
Galvanize Climate Solutions appoints Allison Fremed as portfolio manager and COO by Kali Persall | May 19, 2023 Allison Fremed has joined Galvanize Climate Solutions, a climate-focused global investment firm delivering capital and expertise to accelerate climate solutions, as portfolio manager and COO for the recently launched sustainable real estate investment strategy.
Investment caliber ranks No.1 in importance for advisers when choosing investment platforms by Kali Persall | May 19, 2023 Investment caliber is the most important factor for advisers when choosing an investment platform. This is one of the key findings of a new survey from Crystal Capital Partners, a wealth-tech provider and turnkey alternative investment platform for financial advisers.
Cetera appoints Mike Durbin to leadership role by Kali Persall | May 18, 2023 Cetera Holdings, the holding company of Cetera Financial Group, has appointed Mike Durbin as CEO.
Adviser Investments, Ropes Wealth Advisors to create combined entity with $15b in client assets by Released | May 18, 2023 Adviser Investments and Ropes Wealth Advisors are combining their wealth management businesses to create an advisory firm providing customized wealth solutions.
Sam Zell, founder and chairman of Equity Residential, dies at age 81 by Released | May 18, 2023 Equity Residential has announced the death of its founder and chairman, Samuel Zell.
