Resolute Capital Partners invests $20m in Finance Technology Leverage by Released | Jun 24, 2020 Resolute Capital Partners has committed to a $20 million equity investment in Finance Technology Leverage.
W. P. Carey–sponsored REIT decreases quarterly net asset value per share by Andrea Zander | Jun 24, 2020 In a June 23 filing, Corporate Property Associates 18 – Global Inc., a publicly registered nontraded real estate investment trust managed by W. P. Carey, has updated the quarterly net asset value per share of the company’s common stock.
Capital Square appoints new executive vice president by Released | Jun 24, 2020 Capital Square has appointed Marc Slavny as executive vice president of capital markets and director of due diligence.
Family offices invest in $2.6b real estate fund by Andrea Zander | Jun 24, 2020 Sculptor Capital Management has held the final close of its fourth opportunistic real estate fund, Sculptor Real Estate Fund IV LP (SRE IV), with total capital commitments of $2.6 billion.
UHNW individuals need to broaden philanthropy donations by Andrea Zander | Jun 23, 2020 About 36 percent of the world’s ultra-high-net-worth (UHNW) individuals — defined as having a net worth of $30 million or more — are engaged in philanthropy.
Amazon launches $2b Climate Pledge Fund by Kali Persall | Jun 23, 2020 Amazon.com Inc. is planning to open a $2 billion fund backing climate change reduction efforts.
SEC emergency action halts brothers’ cryptocurrency offering fraud by Released | Jun 23, 2020 The Securities and Exchange Commission has filed an emergency action and obtained a temporary restraining order and asset freeze against two Pennsylvania-based brothers and three entities they control to stop an offering fraud and the misappropriation of investor proceeds.
Strategic Storage Trust IV acquires 800-unit self-storage facility by Released | Jun 23, 2020 Strategic Storage Trust IV, a public nontraded real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, has acquired a recently converted 800-unit self-storage facility in Punta Gorda, Fla.Â
USDOT allocates nearly $1b for U.S. infrastructure projects by Kali Persall | Jun 23, 2020 The U.S. Department of Transportation (USDOT) is planning to invest $906 million in U.S. infrastructure, allocating funds to 20 projects in 20 states.
Hines Global Income Trust makes first investment in Spain by Released | Jun 23, 2020 Hines Global Income Trust has acquired an office-industrial complex in Madrid through a sale-leaseback transaction with Airbus Defence and Space, S.A.U.
Commentary: How to invest in Gov. Cuomo’s infrastructure plan by Michael Likosky, Advantage Infrastructure Advisors | Jun 22, 2020 In today’s turbulent global markets, institutional investors — such as global pension funds, sovereign wealth funds, governmental investment funds and insurance companies — are sitting on the sidelines. Fund managers are wary of making long-term commitments to business enterprises, which may not survive the year.
Opportunity zone activity rebounds from COVID-19 slowdown by Released | Jun 22, 2020 Investment activity in qualified opportunity zones (QOZ) rebounded in the aftermath of the pandemic's initial impact on the commercial real estate market.
CBRE: U.S. multifamily vacancy rose 30 bps to 4.75 percent by Andrea Zander | Jun 22, 2020 Multifamily vacancy normally falls in the spring due to increased seasonal leasing activity and higher demand, according to CBRE in its multifamily finance update report.
CIM Group completes creative office building at Penn Field Office Campus by Released | Jun 22, 2020 CIM Group has completed the construction of a 44,000-square-foot, two-story building at 3601 South Congress Ave., expanding the creative office space available at the Penn Field office campus in Austin, Texas.
Blockchain implementation booming, market to reach $40 billion by 2025 by Mike Consol | Jun 22, 2020 Blockchain has evolved from an experimental, disruptive technology to a strategic priority for organizations, according to a new global Deloitte survey that found nearly 40 percent of its respondents indicated strengthening commitment toward more investment and acquisition of strategic talent to pursue blockchain initiatives.
