Uncertainty heading into Bitcoin’s fourth halving by Lewis Dayton | Apr 19, 2024 With projections that the Bitcoin halving will happen sometime between April 19 and 20, many investors will be watching the currency’s price in the coming days to see how the market responds to further scarcity.
Bluerock Value Exchange fully subscribes $54.9m Diversified Industrial Portfolio II DST by Released | Apr 19, 2024 Bluerock Value Exchange (BVEX), a long-time, national sponsor of 1031 exchange and Delaware Statutory Trust investment (DST) programs, announced it has fully subscribed BR Diversified Industrial Portfolio II, DST (DIP II) program with $54.9 million in equity from third-party investors. Bluerock reported more than $2.5 billion in past and current 1031 exchange programs as of February 2024.
Front Row Huntsville enters next phase with groundbreaking ceremony by Released | Apr 19, 2024 Affiliates of Cantor Fitzgerald, Silverstein Properties, Essex Capital and Ascend Property Group recently celebrated the start of construction on the Front Row development project in Huntsville, Ala., with an official groundbreaking ceremony.
Summit Financial enhances open-architecture private markets offering by Released | Apr 18, 2024 Summit Financial has announced enhancements to its private markets offering.
Amundi and Victory Capital announce plan to establish a strategic partnership by Lewis Dayton | Apr 18, 2024 Amundi has announced a strategic partnership with Victory Capital that will see Amundi U.S. combined into Victory in exchange for shares that will make Amundi Victory’s largest shareholder, with a stake of 26.1 percent.
Eric Pickens joins Constitution Capital Partners by Lewis Dayton | Apr 18, 2024 Eric Pickens has joined Constitutional Capital Partners, an alternative asset manager singularly focused on middle-market private equity and direct lending, as a senior vice president, he announced in a post on LinkedIn.
Canadian government to require more extensive crypto reporting in 2026-2027 by Lewis Dayton | Apr 18, 2024 The Canadian government has announced intentions to put into effect the Crypto-Asset Reporting Framework (CARF) that the OECD agreed to in August 2022, reported Jonathan Got for Investment Executive.
ExchangeRight’s Net-Leased All-Cash 2 DST is fully subscribed by Released | Apr 18, 2024 ExchangeRight, one of the nation's leading providers of diversified real estate DST and REIT investments, has fully subscribed Net-Leased All-Cash 2 DST, a $24.84 million offering of net-leased real estate for investors seeking a debt-free 1031 exchange strategy designed to produce stable income, provide tax advantages and offer flexible exit options with the potential for enhanced returns.
JLL Income Property Trust completes full cycle transactions in DST Platform by Released | Apr 18, 2024 JLL Income Property Trust has announced the full cycle UPREIT of three additional Delaware Statutory Trust (DST) programs from its JLL Exchange platform, which offers reinvestment opportunities to 1031 exchange investors. In a 721 UPREIT transaction, real estate can be exchanged on a tax-deferred basis for partnership interests in a REIT, offering the potential for owners of the exchanged property to achieve greater diversification, current income and appreciation.
Industrial new supply continues to push vacancy higher: Leasing remains healthy by Released | Apr 18, 2024 Overall industrial vacancy rate rose another 60 basis points since the close of 2023 to 5.8 percent, according to the latest data by Cushman & Wakefield.