America’s food-and-beverage appetites have returned by Mike Consol | Apr 14, 2023 Demand is returning to the food and beverage business, even as restaurants battle rising costs and staffing shortages and customers are placing primacy on fun and novel experiences and entertainment when they go dining.
REITs play important roles in institutional portfolios by Jennifer Molloy | Apr 14, 2023 REITs merit a place in a multi-asset portfolio for institutional investors, according to “The Role of REITs in Real Estate Allocations,” a recent paper co-published by DWS and GIC, Singapore’s sovereign wealth fund.
A host of technologies trends to watch during 2023 by Mike Consol | Apr 14, 2023 Our personal and professional lives have become enmeshed with technology, and the swarm of new innovations is moving faster than ever and promises to enter warp speed in years to come, as one generation of new technologies begets the next.
U.S. jobs increase by 236,000 in March by Loretta Clodfelter | Apr 14, 2023 Nonfarm U.S. payroll employment increased by 236,000 in March, according to the Bureau of Labor Statistics, and the unemployment rate was 3.5 percent.
JLL Income Property Trust acquires four real estate properties through DST program by Kali Persall | Apr 13, 2023 JLL Income Property Trust (IPT), an institutionally-managed daily NAV REIT with $7 billion in portfolio assets, has acquired four properties from the three Delaware Statutory Trusts (DST) through 721 UPREIT acquisitions.
Office Properties Income Trust signs merger agreement with Diversified Healthcare Trust by Kali Persall | Apr 13, 2023 Office Properties Income Trust (OPI), a national REIT focused on owning and leasing office properties, has entered into a definitive merger agreement with Diversified Healthcare Trust, through which OPI will acquire all of the outstanding common shares of DHC in an all-share transaction.
Alternative investment activity among institutional investors spikes by Kali Persall | Apr 13, 2023 Global allocators added $144 billion to alternatives in 2022, according to a recent report commissioned by Vidrio Financial.
Silver Star Properties shifts focus to self-storage by Denise Moose | Apr 13, 2023 Silver Star Properties REIT is shifting its focus from office, retail and light industrial to self-storage and is set to acquire Southern Star Self-Storage Investment Co. in a move that has been approved by Silver Star’s board of directors, according to various media outlets.
Boston Financial closes fund for low-income, affordable housing by Kali Persall | Apr 13, 2023 Boston Financial, one of the largest and most established syndicators of low-income housing tax credits (LIHTC) in the United States, has closed its $131 million LIHTC fund, Boston Financial Institutional Tax Credits 58 Limited Partnership (ITC 58).
Family offices making the move toward alternatives by Mike Consol | Apr 12, 2023 Family offices around the world are increasingly turning to alternative assets, according to a new global research report from Ocorian, which concludes the migration from traditional assets to alternatives is being motivated by the strong performance being posted by alternative asset classes.