BB&T Securities selects CAIS to expand alternative investment access for advisers by Released | Oct 16, 2018 BB&T Securities has selected CAIS to bolster its menu of alternative investment offerings.
One-fifth of St. Regis Aspen sells through digital tokens by Andrea Zander | Oct 16, 2018 New York–based asset manager Elevated Returns completed the $18 million closing of Aspen Digital, which sold 18.9 percent of the resort hotel in digital tokens, according to media reports.
RBC I&TS wins custody mandate for real estate–focused asset manager by Released | Oct 11, 2018 RBC Investor & Treasury Services (RBC I&TS), part of Royal Bank of Canada, has been appointed as custodian for Starlight Investments Capital.
MedMen acquires PharmaCann by Released | Oct 11, 2018 MedMen Enterprises has acquired PharmaCann in an all-stock transaction valued at $682 million.
CDPQ and Al Gore firm unite for ESG investments by Andrea Zander | Oct 10, 2018 Canada’s $238.1 billion La Caisse de dépôt et placement du Québec (CDPQ) and Generation Investment Management — led by former vice president Al Gore and David Blood, a former Goldman Sachs Group executive — will team up for a long-term investment strategy in sustainable equities.
Sears prepares potential bankruptcy filing by Andrea Zander | Oct 10, 2018 Sears Holdings Corp. is preparing to file for bankruptcy, reported The Wall Street Journal.
SoftBank in talks to invest $10b in WeWork by Andrea Zander | Oct 10, 2018 Japan-based SoftBank is in talks to invest a further $10 billion in office space provider WeWork.
Cross Ocean Partners closes its first aviation fund at $438m by Andrea Zander | Oct 9, 2018 Greenwich, Conn.–based Cross Ocean Partners has held a $438 million final close for its Cross Ocean Aviation Fund I.
CRE investors want to invest in tech-enabled firms in 2019 by Andrea Zander | Oct 8, 2018 This year to help CRE companies understand and adapt to the rapidly changing CRE industry, Deloitte’s 2019 Commercial Real Estate Outlook surveyed 500 global CRE investors, across a diverse set of asset sizes and property types, on the factors that will drive their investment decisions in the year ahead.
Hyatt to acquire Two Roads Hospitality for $480m by Andrea Zander | Oct 8, 2018 Hyatt Hotels Corp. has acquired Two Roads Hospitality, an international lifestyle hotel management company, for $480 million.
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.
