Adviser team The BG Group joins UBS in New York City by Released | Jun 7, 2023 Michael Bromberg, Daniel A. Gerschel, Joshua Ellner, Rob Mancino and Craig Weinstein have joined UBS in New York City.
Creative Planning acquires $2.5b AUM BerganKDV by Released | Jun 7, 2023 St. Cloud, Minn.-based BerganKDV, led by CEO Dave Hinnenkamp, has joined forces with wealth management firm Creative Planning.
Mercer Advisors acquires RMR Wealth Advisors by Released | Jun 7, 2023 Mercer Global Advisors has acquired RMR Wealth Advisors.
Farmer sentiment sours as crop prices decline by Andrea Zander | Jun 6, 2023 Producer sentiment fell to its weakest reading since July 2022.
Park Hotels & Resorts to stop paying $725m loan on 2 of San Francisco’s largest downtown hotels by Andrea Zander | Jun 6, 2023 Park Hotels & Resorts has plans to cease making payments toward the $725 million non-recourse CMBS loan for two of its San Francisco hotels.
Global high-net-worth population sees biggest decline in size and wealth in more than a decade by Andrea Zander | Jun 6, 2023 The global high-net-worth-individual (HNWI) population dropped by 3.3 percent to 21.7 million in 2022.
Safeguarding U.S. critical infrastructure is crucial, says CED by Kali Persall | Jun 6, 2023 The Committee for Economic Development (CED), the public policy center of The Conference Board, has issued a new solutions brief, detailing the challenges of safeguarding critical infrastructure in the United States.
Michael Leitner joins Stonepeak as a senior managing director by Kali Persall | Jun 6, 2023 Michael Leitner has joined Stonepeak.
J.P. Morgan sees high-single-digit returns over next 12 months by Andrea Zander | Jun 6, 2023 J.P. Morgan Private Bank have been urging investors away from the so-called ‘recession obsession’ and to seek opportunities amid the volatility.
BREIT sells San Antonio JW Marriott hotel for $800m by Andrea Zander | Jun 6, 2023 Ryman Hospitality Properties has purchased JW Marriott San Antonio Hill Country Resort & Spa in San Antonio, Texas for $800 million from Blackstone Real Estate Income Trust (BREIT).
Goldman Sachs Asset Management makes nearly $600m aquaculture acquisition by Andrea Zander | Jun 5, 2023 Goldman Sachs Asset Management, through indirect subsidiary Falcon Bidco AS, has agreed to acquire Frøy ASA.
Artemis Real Estate Partners holds $2.2b final close by Andrea Zander | Jun 5, 2023 Artemis Real Estate Partners has held a final close of its fourth value-add real estate fund, Artemis Fund IV, with approximately $2.2 billion of equity commitments.
Global Net Lease, The Necessity Retail REIT to merge and create $9.6b global net lease REIT by Andrea Zander | Jun 5, 2023 Global Net Lease and The Necessity Retail REIT to merge and create global net lease REIT, enters into a cooperation agreement with Blackwells Capital.
IREI announces staff promotions by Released | Jun 5, 2023 Institutional Real Estate, Inc. (IREI) has announced several promotions within its editorial department.
Janus Henderson to launch alternatives JV with Privacore Capital by Andrea Zander | Jun 5, 2023 Janus Henderson announced plans for a newly formed, funded joint venture with Privacore Capital.