KBS Real Estate Investment Trust III increases valuation of its common stock by Released | Dec 11, 2018 KBS Real Estate Investment Trust III, a public nontraded real estate investment trust based in Newport Beach, Calif., announced that its board of directors has approved an estimated net asset value (NAV) per share of its common stock of $12.02 as of Dec. 3, 2018.
Tobacco giant buys stake in cannabis company by Released | Dec 10, 2018 Marlboro cigarette maker Altria Group has purchased a 45 percent stake in Cronos for approximately $1.8 billion.
Destra Capital Advisors acquires former Multi-Strategy Growth & Income Fund by Released | Dec 7, 2018 Destra Capital Advisors has acquired the fund formerly known as Multi-Strategy Growth & Income Fund.
Texas TRS commits $150m to natural resources fund by Jody Barhanovich | Dec 7, 2018 The $154 billion Teacher Retirement System of Texas has committed $150 million to a natural resources fund.
REITs return 4.7% in November by Loretta Clodfelter | Dec 6, 2018 REITs bounced back in November, according to the FTSE Nareit Equity REITs Index, which showed a 4.74 percent total return.
Dollar General becomes one of the biggest retailers in the U.S. by store count by Andrea Zander | Dec 6, 2018 Dollar General has plans to open more than 900 new stores, beginning in 2019.
Vestwell and BNY Mellon collaborate IRA programs nationwide by Released | Dec 6, 2018 Vestwell has created a strategic relationship with BNY Mellon.
Carter Multifamily expands Florida presence by Released | Dec 5, 2018 Carter Multifamily has acquired the 160-unit Laurel Pointe Apartments for approximately $13 million. Laurel Pointe is located at 3000 Coronet Lane in Jacksonville, Fla.
Wells Fargo to open RIA offices by Andrea Zander | Dec 5, 2018 Wells Fargo plans to try out an RIA model in a handful of test markets in 2019, according to media outlets.
Waypoint Residential becomes a Platinum Sponsor of Real Assets Adviser magazine by Released | Dec 5, 2018 Waypoint Residential has joined the growing family of sponsors of Real Assets Adviser magazine.
Nasdaq acquires Quandl to advance the use of alternative data by Released | Dec 4, 2018 Nasdaq has agreed to buy a Toronto-based company called Quandl, a provider of alternative and core financial data.
Firms test flying taxi concept by Andrea Zander | Dec 4, 2018 Audi, Voom, a subsidiary of Airbus, and Italdesign recently teamed up to develop a flying taxi.
Northern Trust adds private markets to alt platform by Released | Dec 4, 2018 Northern Trust has added private market capabilities to supplement the recently launched ArcLine Alternatives platform for the firm’s wealth management clients.
FS Investment Corp. and Corporate Capital Trust merge by Released | Dec 4, 2018 FS Investment Corp. and Corporate Capital Trust have voted to approve the proposals related to the merger.
Alta and Finard sell Harbor Hotel Provincetown by Released | Dec 4, 2018 A partnership between Alta Properties, Finard Properties, and Saltaire Properties has announced the sale of the Harbor Hotel Provincetown.
