Trammell Crow, CBRE alums launch medical properties firm by Andrea Zander | Nov 1, 2018 New Texas real estate company Fidelis Healthcare Partners, an affiliate of Fidelis Realty Partners, has plans to develop and purchase medical properties.
Pershing launches managed accounts product for RIAs by Released | Nov 1, 2018 BNY Mellon’s Pershing Advisor Solutions announced that Managed360®, a turnkey managed account solution designed to help advisers realize increased efficiencies and drive scale, is now available to its clients.
Blackstone backs fintech platform iCapital Network by Andrea Zander | Nov 1, 2018 Blackstone Group has made an investment in iCapital Network, the financial technology platform democratizing alternative investments.
$75m opportunity zone fund targets Brooklyn by Release | Nov 1, 2018 Viceroy Equities has formed the B’KOZ Opportunity Zone Fund. The B’KOZ Fund will invest exclusively in projects in Opportunity Zones in Brooklyn.
The ConAm Group names president and CEO by Released | Nov 1, 2018 The ConAm Group, a San Diego–based real estate investment, development and services firm, has appointed Rob Singh to CEO in addition to his role as president.
Report: Broker/dealers are closing by the thousands by Andrea Zander | Oct 31, 2018 By the end of 2017, 2,909 new broker-dealer firms had joined FINRA, but 4,557 firms had closed, according to 2018 FINRA Industry Snapshot report. This left a net decrease of 1,648 broker-dealers in existence, or a 31 percent loss in 15 years. Despite the addition of new participants each year, 2017 closed with only 3,726 registered firms.
Greenbacker Renewable Energy completes largest solar asset to date by Released | Oct 31, 2018 Greenbacker Renewable Energy Co. has completed the construction of its 20MWac Midway III solar PV project located in Imperial County, Calif.
Sustainable investing assets reach $12t by Released | Oct 31, 2018 Sustainable, responsible and impact investing (SRI) assets now account for $12.0 trillion — or one in four dollars — of the $46.6 trillion in total assets under professional management in the United States, according to U.S. SIF Foundation’s 2018 biennial Report on US Sustainable, Responsible and Impact Investing Trends.
Freddie Mac closes low-income housing tax credit fund by Released | Oct 31, 2018 Freddie Mac has closed its first Low-Income Housing Tax Credit Fund with Hudson Housing Capital and its first investment within that fund.
Caliber announces first Opportunity Zone project by Released | Oct 30, 2018 Scottsdale, Ariz.-based Caliber – The Wealth Development Co. has made its first acquisition for its recently launched Tax Advantaged Opportunity Zone Fund.
High-net-worth investors lead buyers in San Diego multifamily market by Andrea Zander | Oct 26, 2018 The San Diego multifamily market has healthy, declining vacancy trends and strong rental pricing, which in return have resulted in solid ongoing investor interest and activity, according to Cushman & Wakefield.
DWS Group names new CEO by Andrea Zander | Oct 25, 2018 Asoka Woehrmann was named CEO of Deutsche Bank’s recently-listed asset manager DWS Group, replacing Nicolas Moreau.
Franklin Templeton buys Benefit Street Partners by Released | Oct 25, 2018 Franklin Resources a global investment management organization operating as Franklin Templeton Investments, has entered into an agreement to acquire Benefit Street Partners.
New regulatory guidance provides clarity for opportunity zone funds by Loretta Clodfelter | Oct 24, 2018 The Treasury Department and Internal Revenue Service have released additional regulatory guidance regarding investment in Qualified Opportunity Zones, which were established as part of the Tax Cuts and Jobs Act of 2017.
Preferred Apartment Communities completes sale of Nashville multifamily community by Released | Oct 24, 2018 Preferred Apartment Communities has sold Stoneridge Farms, a class A multifamily community built in 2002 and located in Nashville.
