U.S. Bank names John Zimmerman president of Ascent Private Capital Management by Released | Jul 31, 2018 U.S. Bank Wealth Management has named John Zimmerman as president of Ascent Private Capital Management, the company’s family office advisory and wealth management business for ultra-high-net-worth clients.
Brookfield to buy Forest City Realty Trust in $11.4b deal by Andrea Zander | Jul 31, 2018 Brookfield Asset Management has plans to buy Forest City Realty Trust in a deal valued at $11.4 billion.
WPT Industrial REIT, CPPIB and AIMCo form $1b U.S. industrial property JV by Andrea Zander | Jul 31, 2018 WPT Industrial REIT, Canada Pension Plan Investment Board (CPPIB) and Alberta Investment Management Corp. (AIMCo) have formed a joint venture to aggregate a portfolio of industrial properties in strategic U.S. logistics markets through a value-add and development investment strategy.
Electrify America and Sacramento initiate new zero-emission vehicle programs by Released | Jul 30, 2018 Electrify America, a subsidiary of Volkswagen Group of America, headquartered in Reston, Va., and the City of Sacramento in California have inaugurated new projects designed to increase access to zero-emissions vehicles (ZEV) in the Sacramento region, expand ZEV technology use, and prepare the City for future electric vehicle adoption.
Broadtree Residential acquires $137.5m multifamily portfolio by Released | Jul 30, 2018 Broadtree Residential has paid $137.5 million to acquire three class A multifamily apartment communities from affiliates of Chesapeake Realty Partners (CRP) in Broadtree’s inaugural UPREIT transaction.
Every industrial U.S. region performs well during Q2 by Andrea Zander | Jul 27, 2018 U.S. industrial markets absorbed 64.1 million square feet in the second quarter of 2018, up 4.9 percent from the same period a year ago, and propelled year-to-date absorption to 126 million square feet, according to Cushman & Wakefield’s U.S. industrial second quarter 2018 report.
Second quarter farmland performance shifts lower on modestly weaker appreciation by Released | Jul 27, 2018 The total return for farmland investments for the second quarter was 1.13 percent, down from 1.32 percent last quarter, and 1.63 percent in the second quarter of 2017, according to National Council of Real Estate Investment Fiduciaries (NCREIF) Farmland Index.
Fannie Mae market’s first-ever secured overnight financing rate securities by Released | Jul 26, 2018 Fannie Mae issued the market’s first-ever secured overnight financing rate (SOFR) securities.
JLL Income Property Trust invests in apartment communities in Boston by Released | Jul 26, 2018 JLL Income Property Trust has formed a joint venture with Nordblom Co. to invest in The Tremont and The Huntington apartment communities in Burlington, Mass.
NCREIF Timberland Index decreases in second quarter 2018 by Andrea Zander | Jul 26, 2018 The National Council of Real Estate Investment Fiduciaries (NCREIF) has released second quarter 2018 results of the NCREIF Timberland Index.
L.A. utility wants the Hoover Dam to store wind and solar by Andrea Zander | Jul 25, 2018 The Los Angeles Department of Water and Power is seeking to repurpose the Hoover Dam, turning the landmark project into a giant storage system to store solar and wind electricity, according to the New York Times.
Dominion Energy Virginia plans 3GW of new solar and wind by Andrea Zander | Jul 25, 2018 Dominion Energy Virginia has filed plans with the state regulator to integrate 3 gigawatts of new wind and solar projects under the Grid Transformation & Security Act.
Barings expands access to alternative investment strategies with iCapital Partnership by Released | Jul 25, 2018 Barings has formed an agreement with iCapital Network.
Marriott International to open $500m NYC Ritz-Carlton Hotel and Residences Tower by Released | Jul 25, 2018 Marriott International has signed an agreement with luxury hospitality development firm Flag Luxury Group.
Fourth annual advisor authority study reveals 10 traits of highly successful advisors to help RIAs by Released | Jul 25, 2018 Registered Investment Advisors (RIAs) and fee-based advisors can adopt 10 traits of highly successful advisors to help them earn more and manage more assets under management, according to the latest findings from the fourth annual Advisor Authority study commissioned by Nationwide Advisory Solutions, formerly known as Jefferson National.
