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.
Industrial outdoor storage grows in popularity among institutional investors by Kali Persall | May 10, 2023 Investor demand for industrial outdoor storage (IOS) has been buoyed by strong recent operating results, favorable long-term supply/demand dynamics and a de minimis capex burden, causing it to grow in popularity among institutions in recent years.
Invesco Real Estate U.S. Fund VI achieves $1.98b final close by Kali Persall | May 9, 2023 Invesco Real Estate has achieved a final closing for the latest fund in its U.S. closed-end value-add/opportunistic fund series, Invesco Real Estate U.S. Fund VI. The vehicle closed on $1.98 billion of capital commitments.
S2G Ventures bolsters impact measurement & management approach by Released | May 9, 2023 S2G Ventures, a multi-stage investment firm focused on the food, agriculture, ocean and clean energy markets, has announced its approach to Impact Measurement & Management (IMM).
Griffin Capital secures $23m for Development Partners Fund II by Larry Gray | May 9, 2023 Griffin Capital Co., a vertically integrated real estate investment company based in El Segundo, Calif., has raised approximately $23 million for its Griffin Capital Development Partners Fund II, according to a Form D recently filed with the SEC.
Oregon pension fund targets up to $2b of real assets commitments in 2023, discloses $200m investment by Kali Persall | May 9, 2023 The Oregon Investment Council has set a pacing target range of $1.5 billion to $2 billion of real assets commitments for the Oregon Public Employees Retirement Fund in 2023.
Dodge Momentum Index recedes in April due to declining economic conditions by Kali Persall | May 9, 2023 The Dodge Momentum Index (DMI) fell 5.1 percent in April as commercial planning was pushed down by sluggish office, hotel and retail activity, according to Dodge Construction Network.
