FSI calls for arbitration abusers to be barred by Released | Dec 13, 2018 The Financial Services Institute’s (FSI) senior vice president of policy and deputy general counsel, Robin Traxler, will speak to the Securities & Exchange Commission’s Investor Advisory Committee regarding unpaid arbitration awards.
California becomes first state to require solar panels on new houses by Andrea Zander | Dec 12, 2018 The California Building Standards Commission unanimously upheld a May 9 decision by the California Energy Commission to change the state’s Green Building Standards Code to require solar panels on new homes up to three stories.
SkyBridge and EJF Capital launch Opportunity Zone REIT by Released | Dec 12, 2018 SkyBridge Capital and EJF Capital, a hedge fund and private equity fund manager, have launched the SkyBridge-EJF Opportunity Zone REIT.
Harvest Health & Recreation creates cannabis real estate investment vehicle by Released | Dec 12, 2018 Harvest Health & Recreation has entered into an agreement to form Aina We Would (AWW), a new captive real estate investment vehicle that plans to provide funding for cannabis-related real estate asset acquisitions.
Juniper Square announces $25m in Series B funding led by Ribbit Capital by Released | Dec 12, 2018 Juniper Square, a technology provider for real estate investments, announced $25 million in Series B funding led by Ribbit Capital, a financial technology venture capital firm.
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.