Fed holds rates steady at March meeting by Lewis Dayton | Mar 21, 2024 The Federal Open Markets Committee (FOMC) has decided to keep the target federal funds rate steady at 5.25 to 5.50 percent at its March meeting.
Walton Global acquires 118-acre parcel north of Denver for residential development by Released | Mar 20, 2024 Walton Global, a real estate investment and land asset management company, recently announced the acquisition of Johnstown Crossing, a 118-acre parcel with adequate water rights within Johnstown, Weld County, Colorado. Intended for both single-family and multi-family homes, the Johnstown Crossing property is well situated within a path of growth to support the region’s surge in population.
Crystal Capital Partners unveils new website and features by Lewis Dayton | Mar 20, 2024 Crystal Capital Partners, a turn-key alternative investment platform, has launched a new website and improved user website.
B Capital closes Opportunities Fund II at $750m by Andrea Zander | Mar 20, 2024 B Capital, a global multi-stage investment firm, has closed its B Capital Opportunities Fund II with $750 million, nearly doubling the size of its predecessor, B Capital Opportunities Fund I. The Fund received strong participation from both existing and new investors and represents a diverse global base of well-known private and public pensions, family offices, high-net-worth individuals and sovereign wealth funds.
Raymond James Financial names Paul Shoukry President and CEO successor by Released | Mar 20, 2024 The Raymond James Financial board of directors announced that as part of its multi-year succession planning process, effective immediately, Paul Shoukry, CFO, is appointed president of Raymond James Financial.
Citi pays Andy Sieg $11.3m for first three months on the job by Andrea Zander | Mar 20, 2024 Andy Sieg has earned $11.3 million as head of wealth at Citigroup, which he joined in September 2023, reported Advisor Hub.
Shopoff Realty sells two office condos in southern California by Released | Mar 20, 2024 Shopoff Realty Investments, a national manager of opportunistic and value-added real estate investments, has announced the sale of two office condos in its Waypoint Newport project, located at 4440 Von Karman Ave. in Koll Center Newport. The project is one of the first office condo conversion projects in the area. A Street Partners brokered the sale, which included Suite 270 (1,579 square feet) and Suite 340 (1,127 square feet) on behalf of Shopoff to two individual buyers.
Halstatt Real Estate Partners adds 300 additional build-for-rent units to Fort Myers, Fla., market by Released | Mar 20, 2024 Halstatt Real Estate Partners, a real estate private equity firm, has opened two of its latest build-for-rent developments in Fort Myers, Fla.
$4b spent on U.S. clean-energy investments in February by Released | Mar 20, 2024 More than 100,000 jobs—including 97,000 in manufacturing—have been announced as part of major new clean energy and clean vehicle projects since the Inflation Reduction Act (IRA) was signed into law after businesses announced 14 new large-scale projects in February.
Schroders Capital hires global head of business development, product by Lewis Dayton | Mar 20, 2024 Ingo Heinen is joining Schroders Capital as global head of business development and product.