General Electric, General Motors form agreement for rare earth materials by Released | Oct 6, 2021 General Motors and GE Renewable Energy have signed a nonbinding Memorandum of Understanding (MoU) to evaluate opportunities to improve supplies of heavy and light rare earth materials and magnets, copper and electrical steel used for manufacturing of electric vehicles and renewable energy equipment.
United Energy acquires 140-mile natural gas pipeline in Oklahoma by Released | Oct 6, 2021 United Energy (UNRG) has signed a purchase agreement for a 140-mile natural gas pipeline in Wagoner County, Okla., formerly owned by Red Fork Energy.
REITs fall 5.4% in September by Loretta Clodfelter | Oct 6, 2021 The FTSE Nareit Equity REITs Index recorded its first down month in 2021 — falling 5.4 percent in September to close out the third quarter with 0.23 percent return.
Bloomberg Commodity Spot Index hits record level since 2011 by Andrea Zander | Oct 5, 2021 The Bloomberg Commodity Spot Index, which tracks 23 energy, metals and crop futures contracts, rose 1.1 percent on Oct. 4 to top a 2011 record. The index has surged more than 90 percent since reaching a four-year low in March 2020.
Strategic Capital Fund Management expands wireless infrastructure team by Released | Oct 5, 2021 Strategic Capital Fund Management has hired Ryan White as vice president of business development.
Real assets perform well in higher inflation periods by Andrea Zander | Oct 5, 2021 Real assets may perform well in periods of higher inflation, and BlackRock has identified tools and strategies real assets investors should deploy in a higher inflationary environment.
EXCLUSIVE — Blue Vista Capital Management forms student housing JV with Korean partners by Kali Persall | Oct 5, 2021 Chicago-based Blue Vista Capital Management has formed a new joint venture partnership with South Korean investment firm Koramco Asset Management and a second South Korean institution to invest in top-tier core student housing assets across the United States.
Family office buys hotel in Charleston, S.C. by Released | Oct 5, 2021 Beemok Capital, the family office of Charleston businessman and philanthropist Benjamin Navarro, has completed its acquisition of Charleston Place Hotel in Charleston, S.C.
Stonepeak to acquire Teekay LNG in $6.2b transaction by Released | Oct 4, 2021 Teekay LNG Partners and Stonepeak have entered into an agreement and plan of merger in a $6.2 billion transaction.
Vantage SDC platform adds 2MW hyperscale data center in California by Released | Oct 4, 2021 DigitalBridge Group, Inc., has announced the expansion of the Vantage SDC (stabilized data centers) platform with the acquisition of CA22, a 24-megawatt hyperscale data center serving the strategic Santa Clara, Calif., market.