Franklin Templeton names George Stephan COO of wealth management alternatives by Kali Persall | Nov 1, 2024 Franklin Templeton, one of the largest managers in alternative assets globally, has appointed George Stephan to the newly created position of global COO of wealth management alternatives.
Regions Bank names Ray Hand regional wealth executive for Florida by Released | Nov 1, 2024 Ray Hand has joined Regions Bank to serve as private wealth management regional executive for Florida.
Inland Private Capital fully subscribes $37m self-storage DST by Kali Persall | Nov 1, 2024 Inland Private Capital (IPC), a real estate investment manager specializing in offering multiple owner, tax-focused private placement investments, has raised more than $37 million for its IPC Self-Storage Portfolio XXI DST.
U.S. GDP in Q3 slows but remains strong by Denise Moose | Nov 1, 2024 U.S. GDP increased by 2.8 percent on an annualized basis in third quarter 2024 (advance estimate), down from 3 percent in second quarter and below market expectations of 3.1 percent, according to the recent CBRE research report titled, “Q3 GDP Slows But Remains Strong.”
Lido Advisors to team up with Platte River Wealth Advisors by Kali Persall | Oct 31, 2024 Lido Advisors, a wealth advisory firm with more than $24 billion in regulatory assets under management (RAUM) as of Sept. 30, has plans to enter a partnership with Platte River Wealth Advisors (Platte River), based in Louisville, Colo.
Blackstone makes offer for $5b stake in Canada’s Rogers Communication by Kali Persall | Oct 31, 2024 Blackstone has made a C$7 billion ($5.03 billion) bid for a minority stake in the cell phone infrastructure business of Canadian communications and media company Rogers Communications.
KKR and ECP form $50b strategic partnership to support AI growth by Kali Persall | Oct 31, 2024 KKR and Energy Capital Partners have launched a $50 billion strategic partnership aimed at accelerating the development of data center and power generation and transmission infrastructure.
Illinois Retirement issues RFP for U.S. residential real estate by Elise Mackanych | Oct 31, 2024 The Illinois Municipal Retirement Fund (IMRF)has issued a request for proposals (RFP) for closed-end, value-added, opportunistic U.S. residential real estate funds.
Boston Financial has closed multi-investor LIHTC fund with $170m by Elise Mackanych | Oct 31, 2024 Boston Financial Investment Management has held a final close of Boston Financial Institutional Tax Credits 60 L.P, with total equity commitments from six institutional investors of $170 million.
JLL Income Property Trust sells San Francisco Bay Area industrial portfolio by Released | Oct 30, 2024 JLL Income Property Trust, an institutionally managed daily NAV REIT, announced the sale of Pinole Point, a three-property industrial park in Richmond, Calif., in keeping with its long-term strategy of recycling capital at opportunistic points across real estate market cycles.