Number of markets where renters need to earn $100K to afford rent has doubled since 2020 by Released | May 12, 2025 The rising costs of living have affected affordability for renters across the country. Nationwide, renters today need to earn more than $80,000 to comfortably afford the typical rental, up from $60,000 just five years ago.
Pennsylvania’s largest coal-burning power plant to be transformed into colossal natural gas–powered data center campus by Kali Persall | May 12, 2025 The Homer City Generating Station, which was formerly the largest coal-burning power plant in Pennsylvania, will soon have a new identity.
Cold storage rises as hot niche in real estate, says MetLife IM’s Will Pattison by Andrea Zander | May 12, 2025 The cold storage sector is emerging as a promising niche within real estate, driven by demographic shifts, evolving consumer preferences, and changes in food and pharmaceutical supply chains.
INCREF closes its first $1.2b commercial real estate CLO by Released | May 9, 2025 Invesco Commercial Real Estate Finance Trust (INCREF), a perpetual life REIT focused on private credit secured by real estate, announced that it closed its inaugural $1.2 billion managed commercial real estate collateralized loan obligation (CRE CLO), INCREF 2025-FL1, on May 7, 2025.Â
Goldman Sachs launches online investment university with alternatives curriculum by Elise Mackanych | May 9, 2025 Goldman Sachs has launched an online investment university for advisers and investors, Goldman Sachs Investment University.
Mercer Global acquires Tufton Capital Management by Released | May 9, 2025 Mercer Global Advisors, a national registered investment adviser (RIA), has announced the acquisition of Tufton Capital Management, a Hunt Valley, Md.–based financial planning and advisory firm.
Hub International acquires assets of Prestige Wealth Partners by Released | May 9, 2025 Hub International, a global insurance brokerage and financial services firm, has announced that it has acquired the assets of Prestige Wealth Partners.
McKinsey Global Institute: 10 physical realities the energy transition must tackle by Kali Persall | May 9, 2025 Although significant progress has been made toward the energy transition, forces such as shifting geopolitics, policy uncertainty, the macroeconomic environment and rising energy demand continue to create uncertainty.
Morningstar introduces medalist rating system for semiliquid funds by Released | May 8, 2025 Morningstar, a provider of independent investment insights, has introduced the Morningstar Medalist Rating for Semiliquid Funds, expanding its established Medalist Rating framework to the growing segment of semiliquid investment vehicles.
Alternative investment managers are increasingly targeting private wealth investors by Elise Mackanych | May 8, 2025 Private wealth channels are seeing a significant influx of alternative investment managers (alt IMs), which is boosting long-term growth in assets under management (AUM), according to Fitch Ratings.
TD Asset Management expands accessibility of its infrastructure fund by Released | May 8, 2025 TD Asset Management have announced a new way for investors to access private global infrastructure investments.
DST offerings raise more than $2.4b in equity so far this year by Elise Mackanych | May 8, 2025 Delaware statutory trust (DST) offerings have raised more than $2.4 billion in equity by the end of April 2025, according to Mountain Dell Consulting.
Black Chamber Partners’ data center fund closes above $2b by Kali Persall | May 8, 2025 BlackChamber Real Estate Opportunity Fund Il, an opportunistic real estate fund focused on the development of hyperscale data centers in the United States, has held a final close.
Parcion announces two key leadership changes by Released | May 7, 2025 Parcion Private Wealth, a multi-family office based in Bellevue, Wash., has announced two key executive appointments. The firm has named Dan McCollum as CIO, and has appointed Sam King as COO and chief compliance officer, expanding its leadership bench as the firm surpasses $2.7 billion in assets under management.
Blackstone names Jennifer Abate as head of RIA channel by Released | May 7, 2025 Blackstone has appointed Jennifer Abate as senior managing director and head of the registered investment adviser (RIA) channel for Blackstone Private Wealth.
