MSCI reports financial results for first quarter 2024 by Released | Apr 24, 2024 MSCI announced its financial results for the three months ended March 31, 2024.
Inland fully subscribes student housing DST near University of Notre Dame by Released | Apr 24, 2024 Inland Private Capital Corporation, an industry-leading real estate investment manager, has announced the completion of a more than $26 million capital raise for the private investment offering of Irish Row Student Housing DST, an IPC-sponsored Delaware statutory trust (DST). The offering has been fully subscribed by investors and is now closed.
S&P Global Market Intelligence report finds earnings are expected to fall 2.8% year-over-year in 2024 by Released | Apr 23, 2024 Higher credit costs are expected to serve as a modest headwind to U.S. bank earnings this year, according to S&P Global Market Intelligence’s newly released U.S. Bank Market Report. U.S. bank earnings are expected to dip 2.8 percent year-over-year, excluding the purchase gains associated with the three failed bank acquisitions in 2023, as modest margin pressure and notably higher credit costs prevent earnings growth.
Tower Capital adds senior CRE capital markets leaders, expands into California by Released | Apr 23, 2024 Tower Capital, a leading capital adviser in CRE finance, has expanded with a new team in California, adding three capital markets leaders and opening a new office in Los Angeles. The latest additions boost its newly formed, retail-focused Capital Markets Group to five members, led by Geoffrey Harris, who arrange capital for clients across multiple markets including California, Texas and the Sun Belt.
Private equity reshaping sports ownership by Andrea Zander | Apr 23, 2024 Sports team ownership is undergoing a significant transformation, with private equity firms like Arctos and RedBird actively pursuing minority stakes in various franchises, according to a D Magazine article by Ben Swanger, the managing editor for D CEO.
BNY Mellon Collaborates with Accenture to modernize financial services offerings by Released | Apr 23, 2024 BNY Mellon, the global financial services company, is collaborating with Accenture, a leading professional services company, to modernize financial services offerings with an initial focus on data management and analytics product development and delivery. The companies will use leading technologies to unleash the power of data at new speed to help their joint clients drive accelerated growth.
VanEck CEO sounds bullish tone on commodities market by Lewis Dayton | Apr 23, 2024 In an appearance on CNBC, VanEck CEO Jan van Eck sounded a bullish tone regarding the commodities market.
Core Spaces hires Dine brothers to lead newly established global wealth management platform by Released | Apr 23, 2024 Core Spaces, the real estate developer, owner and operator, has announced it has hired two industry leaders, Tom and John Dine, to lead the company’s newly established Global Wealth Management platform. As managing directors of Global Wealth Management, the partners will distribute Core’s previous and successful institutional strategies to high-net-worth individuals to fuel the growth of Core’s student housing portfolio.
$540b invested in climate funds at end of 2023; U.S. lagging Europe significantly by Lewis Dayton | Apr 23, 2024 As of December 2023, there were more than 1,500 mutual funds and ETFs with a climate-related mandate, a significant jump from the fewer than 200 that existed in 2018, according to research from Morningstar.
Economic outlook, technology and sustainability driving evolution of office fit-outs by Released | Apr 22, 2024 CBRE’s new Global Office Fit-Out Cost Guide shows that the office fit-out landscape continues to evolve, driven by a confluence of economic, technological and societal shifts. It also reviews the impact on office fit-outs of several key trends, including technology and innovation, workplace evolution, sustainability and investment patterns.
