SageView Advisory hires new vice presidents for wealth management advisory services by Released | Oct 31, 2023 SageView Advisory Group has hired Matt Cosgriff as senior vice president, head of wealth management advisory services, and Sophie Benander as vice president of wealth management client experience.
Healthpeak Properties, Physicians Realty Trust to combine in an all-stock merger by Andrea Zander | Oct 30, 2023 Healthpeak Properties and Physicians Realty Trust have entered into a definitive agreement to combine in an all-stock merger of equals valued at approximately $21 billion.
Brasol announces investment from BlackRock’s Climate Finance Partnership by Released | Oct 30, 2023 BlackRock’s Climate Finance Partnership (CFP) has signed a definitive agreement to acquire a significant minority equity interest in Brasol.
Scott McCabe joins PennantPark Investment Advisers as managing director by Andrea Zander | Oct 30, 2023 Scott McCabe has joined PennantPark Investment Advisers as a managing director, head of private wealth distribution.
Roundtable debates debt’s role and challenges in ‘higher for longer’ climate by Andrea Zander | Oct 30, 2023 An emerging sentiment in the real estate industry is that interest rates are settling into a "higher for longer" environment. This was voiced during a recent virtual roundtable hosted by Institutional Real Estate, Inc., featuring institutional investors, consultants and investment managers, and moderated by Loretta Clodfelter, editorial director with IREI. Participants indicated a desire for […]
Realty Income to acquire Spirit Realty Capital in $9.3b transaction by Andrea Zander | Oct 30, 2023 Realty Income Corp. has entered into a definitive merger to acquire Spirit Realty Capital in an all-stock transaction valued at an enterprise value of approximately $9.3 billion.
How law firms are working with investors in today’s distressed asset environment by Lewis Dayton | Oct 30, 2023 Restructuring capital and recapitalizing distressed assets can be a difficult process at any time.
KKR forms partnerships with retail investors by Andrea Zander | Oct 27, 2023 KKR & Co. is turning to retail investors through Fidelity and Charles Schwab to raise money for its infrastructure investments
Lodging REIT sells Boston hotel for $370m by Andrea Zander | Oct 27, 2023 Sunstone Hotel Investors, a lodging REIT, has sold the 1,060-room Boston Park Plaza for $370 million, or approximately $350,000 per key.
Princeton University’s endowment yields 1.7% loss for fiscal year by Lewis Dayton | Oct 27, 2023 Princeton University’s endowment, valued at $34.1 billion, reported a 1.7 percent investment loss for the fiscal year that ended June 30.
U.S. real GDP sees 4.9% increase in quarter; momentum which will likely fade by Lewis Dayton | Oct 27, 2023 Real gross domestic product in the United States increased at an annual rate of 4.9 percent in the third quarter, according to the “advance” estimate released by the Bureau of Economic Analysis.
Growth and diversity in the living sector: Significant opportunities for real estate investors by Andrea Zander | Oct 27, 2023 Over the course of the past two decades, the institutionally owned residential sector in the United States and Europe has evolved from a focus on traditional apartments.
1031 Crowdfunding announces the launch of Bridge Fund II by Released | Oct 26, 2023 1031 Crowdfunding, a real estate investing platform, has announced the closing of its 1031 CF Bridge Fund and the launch of 1031 CF Bridge Fund II.
Bain Capital, Smith Hill Capital launch $1b hospitality private lending platform by Released | Oct 26, 2023 Bain Capital Special Situations and Smith Hill Capital, an affiliate of Procaccianti Cos., have formed a joint venture.
The best financial stress reliever? Model portfolios, finds Natixis by Andrea Zander | Oct 26, 2023 Survey findings show model portfolios are helping to streamline the investment process for advisers while also providing clients with a more consistent investment experience, according to Natixis.