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Bluerock Value Exchange launches $38m 1031 exchange in North Carolina

by Released | Jun 23, 2025

Bluerock Value Exchange (BVEX), a 20-year, national sponsor of 1031 exchange and Delaware Statutory Trust (DST) investment programs, has announced the launch of its latest 1031 exchange/DST offering known as BR Churchill Downs, DST, which is seeking to raise approximately $37.8 million from accredited investors.

PNC Multifamily Capital closes $208m affordable housing fund

by Released | Jun 20, 2025

PNC Bank, a tax credit syndication firm, has announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 98, which is investing more than $208 million in the development and rehabilitation of affordable rental housing across the United States.

Osaic acquires CW Advisors

by Released | Jun 20, 2025

Osaic, a provider of wealth management solutions, has announced the acquisition of CW Advisors, a Boston-based registered investment adviser (RIA) managing $13.5 billion in fee-only client assets.

ADISA appoints John Grady as executive director

by Released | Jun 20, 2025

ADISA, the nation's largest trade association for the alternative investments industry, has announced that industry veteran John Grady has been appointed executive director, succeeding John Harrison upon his retirement.

Layla Capital announces first close of Layla Fund II

by Released | Jun 18, 2025

Layla Capital, a direct commercial real estate lender specializing in small to middle-market commercial real estate lending opportunities across the United States, has announced the initial closing of its second fund, Layla Fund II.

Newmark’s Robert Hess on navigating labor gaps, energy constraints and geopolitical risk in site selection and project developmen

by Andrea Zander | Jun 17, 2025

Geopolitical uncertainty, the rise of automation and the rapid expansion of data centers are reshaping traditional site strategies, according to Robert Hess, practice leader and senior principal for Newmark’s global consulting and strategy solutions group, in an interview with IREI. Hess outlines how companies today are navigating complex challenges — including labor shortages, energy constraints, rising costs and shifting global trade dynamics — when evaluating locations for new operations or expansion.
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