John Blumberg passes away by Andrea Zander | Sep 25, 2018 John Blumberg, co-founder of Black Creek Group, a real estate investment management firm and sponsor of nontraded direct investment programs, has passed away.
Ex-Goldman Sachs Advisor launches firm by Andrea Zander | Sep 24, 2018 Gary Hirschberg has partnered with Dynasty Financial Partners to form an independent wealth management firm called Aaron Wealth Advisors.
Sears CEO’s hedge fund proposes retailer to restructure debt, sell off assets by Andrea Zander | Sep 24, 2018 Eddie Lampert, CEO of Sears Holdings, proposes to restructure the struggling retail chain’s debt to avoid bankruptcy.
Pivot Investment partners with Alexandria Capital by Released | Sep 24, 2018 Pivot Investment Partners has partnered with Alexandria Capital to provide its family office and high-net-worth clients with access to early growth equity investments in transformative financial technology (FinTech) and financial services companies.
FirethornTrust to invest £200m in U.K. real estate by Andrea Zander | Sep 20, 2018 FirethornTrust, formed by ex-Tristan Capital duo Peter Mather and Chris Webb, has secured an exclusive mandate from two U.S. family offices to invest in U.K. real estate.
Carter Validus Mission Critical REIT I announces new officers by Released | Sep 19, 2018 Carter Validus Mission Critical REIT II has announced that Lisa Drummond has retired as COO and secretary of the company, effective Sept. 13, 2018.
Four Springs TEN31 Xchange closes $33m in 1031 Exchange Properties by Released | Sep 19, 2018 Four Springs TEN31 Xchange has fully subscribed 1031 exchange offerings in FSC Healthcare III, DST and FSC Healthcare IV, DST — two medical office properties leased to BioLife Plasma Services and University of Iowa, respectively. The properties were valued at $32.6 million.
Wentworth appoints Michael Breath as CFO by Released | Sep 19, 2018 Wentworth Management Services has appointed Michael Breath as CFO.
Healthy economic momentum and elevated consumer confidence boost travel expectations for 2018 by Andrea Zander | Sep 19, 2018 Rising travel predictions favor hotel sector, according to Marcus & Millichap’s third quarter 2018 report.
Black Creek to more than double Northern California footprint by Andrea Zander | Sep 18, 2018 Black Creek Group has plans to more than double the company’s Northern California holdings which as of June 30, 2018 totals approximately 3.3 million square feet.
Campus Apartments opens four new student housing developments by Andrea Zander | Sep 18, 2018 Campus Apartments has opened four new developments totaling 1,643 beds in Knoxville, Tenn.; Ann Arbor, Mich.; and Philadelphia, Penn.
Argosy Real Estate Partners acquires Ascension on the Bayou by Released | Sep 14, 2018 Argosy Real Estate Income & Growth I, in partnership with Tarantino Properties, has acquired a 280-unit, 2017-vintage, class A mid-rise apartment community located in the Memorial submarket of Houston.
The Carlyle Group to become majority investor in Sedgwick in $6.7b transaction by Released | Sep 14, 2018 Affiliates of funds managed by The Carlyle Group have agreed to become the majority owner of Sedgwick in a transaction valued at approximately $6.7 billion.
Larry Roth launches RLR Strategic Partners by Released | Sep 12, 2018 Larry Roth has launched RLR Strategic Partners.
Locust Point Capital closes $312m senior housing and care debut fund by Released | Sep 12, 2018 Locust Point Capital has closed its debut fund, Locust Point Private Credit Fund.