Cohen & Steers announces retirement of William Scapell by Released | Jan 22, 2024 Cohen & Steers announced that William Scapell, head of fixed income and preferred securities, will retire from the firm and investment management on Aug. 1.
Macquarie Asset Management to consolidate brands for U.S. wealth investment solutions by Released | Jan 22, 2024 Macquarie Asset Management has plans to transition to a unified-brand structure in the U.S. wealth channel, featuring “Macquarie” as the flagship product brand for all investment solutions.
The bid-ask gap for commercial real estate remains notably wide by Jennifer Molloy | Jan 22, 2024 Sticky valuations and low transaction volumes globally are reflected in a disparity between appraisal cap rates and transaction cap rates for commercial real estate, according to the Hines 2024 Outlook: Disciplined Capital, Prospects Ahead.
U.S. industrial vacancy surpasses 5% on robust speculative deliveries by Andrea Zander | Jan 22, 2024 With demand muted and speculative construction completions persisting at a healthy rate, the industrial vacancy rate ticked higher by 60 basis points to 5.2 percent, according to Cushman & Wakefield’s fourth quarter 2023 industrial report.
Wyoming Reserve Opportunity Zone Fund Corp. seeks to raise $43m through common stock offering by Kali Persall | Jan 19, 2024 The Wyoming Reserve Opportunity Zone Fund Corp., a high-security, precious metals-focused vault facility, is seeking to raise up to $43 million from accredited investors interested in potential tax advantages from qualified opportunity zones (QOZs) and qualified small business stock.
KKR unveils digital education platform for financial advisers, clients focused on alternatives by Kali Persall | Jan 19, 2024 KKR has launched a new digital global education platform designed to help financial advisers and individual investors to better understand the alternatives-investing landscape.
10 trends telegraphing global REIT performance for 2024 by Mike Consol | Jan 19, 2024 In its latest global REITs outlook, CenterSquare has identified 10 trends that will influence performance during 2024, while noting that “uncertainty” is still the global watchword.
Ethan Penner and Chad Carpenter join forces to launch Reven Office REIT by Kali Persall | Jan 19, 2024 Ethan Penner, a pioneer specializing in the real estate, mortgage credit and financial markets, and Chad Carpenter, the founder of Reven Capital, have plans to launch Reven Office REIT, a U.S. office-focused real estate finance company.
Thomvest Ventures launches new fund, promotes two new managing directors by Released | Jan 19, 2024 Thomvest Ventures, a San Francisco–based venture capital firm founded by Peter Thomson, has announced a new $250 million fund and the promotion of Umesh Padval and Nima Wedlake to the role of managing director.
Walton Global announces continuation of its DST 1031 Exchange Program by Released | Jan 18, 2024 Walton Global, a global real estate investment and land asset management company, has announced the continuation of its DST growth strategy in 2024, with their newest land product being a property outside of Charlotte, N.C.