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.
America remains the world’s top wealth hub but faces uncertain future by Andrea Zander | Mar 19, 2024 Despite serious concerns over the state of the union with a Biden–Trump presidential election rematch now under way, the United States remains the world’s undisputed leader in private wealth creation and accumulation. America accounts for 32 percent of global liquid investable wealth — a colossal $67 trillion, according to the 2024 USA Wealth Report published by global wealth advisory firm Henley & Partners.
Caprock announces acquisition of Grey Street Capital by Andrea Zander | Mar 19, 2024 Caprock has acquired Grey Street Capital, a Chicago-based boutique advisory firm with $2.2 billion in client assets.
Sheila Ryan promoted to president at Colony Wealth Management by Lewis Dayton | Mar 19, 2024 Sheila Ryan has been promoted to president at Colony Wealth Management, The Colony Group announced.
Manulife US REIT appoints CEO and CFO by Released | Mar 19, 2024 Manulife US Real Estate Management, the manager of Manulife US Real Estate Investment Trust (Manulife US REIT), has announced John Casasante will be appointed to the dual role of CEO and CIO, subject to regulatory approval. In addition, Mushtaque Ali will be appointed as CFO.
Angela Johnson joins Noble Investment Group as managing principal by Released | Mar 19, 2024 Noble Investment Group has appointed Angela Johnson as managing principal and head of global client solutions and strategic partnerships.
ElmTree Funds launches two REITs focused on industrial properties by Lewis Dayton | Mar 19, 2024 ElmTree Funds, a leading private equity real estate firm with an established track record in the commercial real estate net-lease sector, has announced the launch of ElmTree Industrial Trust and ElmTree Industrial Access Trust.