Four U.S. states file suit against tax reform by Andrea Zander | Jul 19, 2018 Connecticut, Maryland, New Jersey and New York have filed a lawsuit against the federal government over what it terms as the unconstitutional federal tax-reform law enacted earlier this year.
Former Trump infrastructure policy adviser joins Stonepeak by Released | Jul 19, 2018 Stonepeak Partners announced the appointment of DJ Gribbin as a senior operating partner.
RREEF Property Trust acquires three Miami industrial properties by Released | Jul 19, 2018 DWS announced today that RREEF Property Trust, its publicly registered, daily NAV REIT, has acquired three last-mile distribution centers serving the broader Miami markets in southern Florida.
Lineage Logistics sells minority stake, to explore REIT conversion by Andrea Zander | Jul 18, 2018 Lineage Logistics, a provider of temperature-controlled transportation and storage services sponsored by Bay Grove Capital, has sold a minority stake for $700 million.
Phillips Edison & Co. to create $6.3b REIT by Andrea Zander | Jul 18, 2018 Phillips Edison & Co. (PECO) has entered into a definitive merger agreement with Phillips Edison Grocery Center REIT II (REIT II), a public non-traded REIT currently advised and managed by PECO.
Ontario government cancels hundreds of renewables contracts by Andrea Zander | Jul 17, 2018 Greg Rickford, Ontario’s Minister of Energy, Northern Development and Mines, has canceled hundreds of renewable-energy contracts across the province.
Boston Capital closes U.S. apartment fund by Released | Jul 17, 2018 Boston Capital has held a close for its Boston Capital Income and Value U.S. Apartment Fund.
BNY Mellon: As volatility returns, many advisers consider alternative investment by Released | Jul 17, 2018 Advisers exploring alternative investments need to ensure they are viewing investment vehicles in proper context and are setting the right expectations with investors, according to a white paper by BNY Mellon’s Pershing.
Alliant Energy, Invenergy to develop 210MW Iowa wind farm by Andrea Zander | Jul 17, 2018 Alliant Energy has partnered with privately owned energy company Invenergy to build the 210-megawatt Richland Wind Farm in Iowa’s Sac County.
City of La Quinta approves residential and hotel project by Released | Jul 16, 2018 Shopoff Realty Investments announced its project proposal for The Centre at La Quinta has been unanimously approved by the city of La Quinta, Calif.
Young Americans buying fewer houses by Andrea Zander | Jul 16, 2018 Homeownership rates among young adults today are even lower than in 1988, because of pressures created by elevated housing construction costs, weak income growth among low- and moderate-income households, and expensive land prices.
HighTower names new head of M&A by Released | Jul 16, 2018 HighTower has named Marc Cabezas as the new head of its expanded mergers and acquisitions team.
New York REIT CEO resigns, sells final asset by Andrea Zander | Jul 13, 2018 Wendy Silverstein, CEO of New York REIT, has plans to step down as CEO, president, member of the board of directors and as an officer or manager of all NYRT's subsidiaries and affiliated entities.
Cuomo kick-starts N.Y. offshore wind with 800 MW procurement by Andrea Zander | Jul 13, 2018 N.Y. Governor Andrew Cuomo has announced that the New York State Public Service Commission has set a course for the state’s first procurements of offshore wind to support New York’s goal of 2.4 gigawatts of new offshore wind generation by 2030, enough to power 1.2 million New York households.
Apple launches new renewables investment fund in China by Released | Jul 13, 2018 Apple has announced a new first-of-its-kind investment fund in China to connect suppliers with renewable energy sources.