U.S. multifamily rents drop despite strong demand by Released | Jan 16, 2024 Multifamily ended 2023 on a downswing, after average U.S. multifamily asking rents dropped for five straight months, according to a recent report by Yardi Matrix. The average asking rent fell $17 over those five months to $1,709.
NexPoint Life Sciences III DST targets $31m, acquires industrial manufacturing property in Minnesota by Kali Persall | Jan 16, 2024 NexPoint is seeking to raise $31 million for its newly launched NexPoint Life Sciences III DST, reinforcing the firm’s commitment to life sciences real estate.
Baylor Daggmill joins Alliance Global Advisors by Kali Persall | Jan 16, 2024 Baylor Daggmill has joined the team at Alliance Global Advisors, a woman-owned consulting firm focused on empowering the real asset investment community to elevate best practices.
Senior housing occupancy rate increases for 10th consecutive quarter by Released | Jan 16, 2024 The senior housing occupancy rate for the 31 NIC MAP Primary Markets increased 0.8 percentage points from 84.3 percent in the third quarter of 2023 to 85.1 percent in the fourth quarter 2023.
Christopher Ailman to retire as CIO of CalSTRS by Lewis Dayton | Jan 12, 2024 Christopher Ailman, chief investment officer of the California State Teachers' Retirement System (CalSTRS), announced his retirement at the Teachers' Retirement Board Investment Committee meeting.
William Blair names new partners for 2024 by Released | Jan 12, 2024 William Blair has named new partners.
BlackRock agrees to acquire Global Infrastructure Partners for $3b by Released | Jan 12, 2024 BlackRock has entered into an agreement to acquire Global Infrastructure Partners (GIP) for $3 billion.
U.S. Bank Outlook 2024: Facing a slower economy, tighter regulation, and potential drop in rates by Released | Jan 12, 2024 The U.S. banking industry has found greater stability after bank failures in March and April 2023, and S&P Global Ratings expects most banks to perform well and build capital in 2024.
Inland Real Estate Investment Corp. CEO to retire by Released | Jan 12, 2024 Mitchell Sabshon has decided to retire from his positions of president, CEO and as a director of Inland Real Estate Investment Corporation effective Feb. 1, 2024.
Badgley Phelps Wealth Managers names new CEO by Andrea Zander | Jan 12, 2024 Badgley Phelps Wealth Managers has selected Julie Parisio Roy, CFA CFP as the firm’s next CEO, succeeding Steven Phelps CFA CIC, who served as CEO for 25 years.