Next-gen HNWs will boost demand for sustainable investing, says GlobalData by Released | Oct 8, 2018 U.S. millionaires’ demand for sustainable investments is the lowest demand level of any service in the U.S. wealth management market, according to GlobalData’s 2018 Global Wealth Managers Survey.
Broadstone launches Broadstone Real Estate Access Fund by Released | Oct 5, 2018 Broadstone Real Estate has launched Broadstone Real Estate Access Fund, a continuously offered, closed-end interval fund, registered under the Investment Company Act of 1940.
SST IV acquires land for development of 900-unit self-storage facility by Released | Oct 5, 2018 Strategic Storage Trust IV, a public nontraded REIT sponsored by SmartStop Asset Management, has acquired approximately two acres of land in Oshawa, Ontario, Canada.
Griffin-American Healthcare REIT IV acquires portfolio of skilled nursing facilities by Released | Oct 5, 2018 American Healthcare Investors and Griffin Capital Co., the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced that the REIT has acquired a portfolio of skilled nursing facilities located throughout the state of Missouri for $88.2 million.
Santander Bank launches direct private investment practice by Released | Oct 3, 2018 Santander Bank has formed a direct private investment practice.
Build America Mutual launches BAM GreenStar Assessment to identify municipal green bonds by Released | Oct 3, 2018 Build America Mutual has launched BAM GreenStar Assessment program to identify green bonds sold by U.S. municipal bond issuers for infrastructure projects that provide clear environmental benefits.
Starlight Capital launches mutual funds and exchange-traded funds by Released | Oct 3, 2018 Toronto-based Starlight Investments Capital has launched mutual funds and the closing of the initial offering of ETF series units of the funds.
U.S. Treasury’s Opportunity Zones Program creates opportunity for Polsinelli’s newest practice by Released | Oct 2, 2018 Am Law 100 firm Polsinelli has established its newest practice, the Opportunity Zones Practice Group, responding to the program created by the Tax Cuts and Jobs Act.
Mercer and Morningstar form alliance by Released | Oct 2, 2018 Mercer, a wholly owned subsidiary of Marsh & McLennan Co., and Morningstar have announced an alliance.
Strategic Storage Trust II to acquire Strategic Storage Growth Trust by Released | Oct 2, 2018 Strategic Storage Trust II announced the entry into a definitive merger agreement with Strategic Storage Growth Trust (SSGT).
Minsheng launches investment fund by Andrea Zander | Oct 2, 2018 China Minsheng Investment Group (CMIG) has launched a 10 billion yuan ($1.46 billion) fund, which will invest in manufacturing and food processing facilities, cold-chain logistics and e-commerce in remote rural areas.
RealFoundations completes post-merger technology overhaul for MAA by Andrea Zander | Oct 2, 2018 RealFoundations has completed a comprehensive, 18-month technology transformation project for Mid-America Apartments (MAA) following its 2016 merger with Post Properties.
BrickVest launches BrickVest Select by Released | Sep 28, 2018 BrickVest, a London-based online real estate investment platform, has launched BrickVest Select, a new service that provides ultra-high-net-worth investors, family offices and institutional investors exclusive access to real estate club deals of between £5 million and £300 million ($7 million and $390 million), alongside leading real estate investment managers.
Xenia Hotels & Resorts acquires Fairmont Pittsburgh for $30m by Jody Barhanovich | Sep 27, 2018 Xenia Hotels & Resorts has acquired Fairmont Pittsburgh, a 185-room luxury hotel located in Pittsburgh for $30 million, or approximately $162,000 per key.
Vornado Realty Trust to buy Marriott Marquis retail for $442m by Andrea Zander | Sep 25, 2018 Vornado Realty Trust has acquired the retail and commercial condominium portion of the New York Marriott Marquis for $442 million from Host Hotel & Resorts.
