Franklin Templeton buys Benefit Street Partners by Released | Oct 25, 2018 Franklin Resources a global investment management organization operating as Franklin Templeton Investments, has entered into an agreement to acquire Benefit Street Partners.
New regulatory guidance provides clarity for opportunity zone funds by Loretta Clodfelter | Oct 24, 2018 The Treasury Department and Internal Revenue Service have released additional regulatory guidance regarding investment in Qualified Opportunity Zones, which were established as part of the Tax Cuts and Jobs Act of 2017.
Preferred Apartment Communities completes sale of Nashville multifamily community by Released | Oct 24, 2018 Preferred Apartment Communities has sold Stoneridge Farms, a class A multifamily community built in 2002 and located in Nashville.
State Street Global Advisors launches three ETFs by Released | Oct 23, 2018 State Street Global Advisors, the asset management business of State Street Corp., has expanded its New Economy sector ETF lineup with the launch of the SPDR Kensho New Economies Composite ETF (KOMP), SPDR Kensho Clean Power ETF (XKCP) and SPDR Kensho Final Frontiers ETF (XKFF).
Wealth Enhancement Group acquires GDM Advisory Group by Released | Oct 23, 2018 Wealth Enhancement Group has signed a definitive agreement to acquire GDM Advisory Group.
Physical stores remain vital to retail by Andrea Zander | Oct 22, 2018 Is it a retail apocalypse? With continued wage growth acceleration and consumer confidence near an 18-year high, the retail marketplace has registered solid spending, according to Cushman & Wakefield’s third quarter U.S. shopping center report.
ECHELON Partners: RIA M&A deals set to make 2018 record-setting year by Released | Oct 22, 2018 Approximately 43 RIA M&A transactions were completed during the third quarter, suggesting 183 total deals will be consummated in full-year 2018, according to ECHELON Partners’ Third Quarter 2018 RIA M&A Deal Report.
Treasury releases recommendations for opportunity zones by Andrea Zander | Oct 19, 2018 The IRS and Treasury Department have released guidelines for investing in opportunity zones.
Invesco to buy OppenheimerFunds from MassMutual for $5.7b by Released | Oct 19, 2018 Invesco has acquired MassMutual asset management affiliate OppenheimerFunds for $5.7 billion.
Penzance announces real estate private equity fund by Released | Oct 18, 2018 Penzance, an owner, operator and developer in the Washington, D.C., metropolitan region, for more than two decades, has closed its first real estate private equity fund.
SEC plans to issue ETF rule by Andrea Zander | Oct 18, 2018 The Securities and Exchange Commission has plans to issue a new exchange-traded fund rule to allow certain ETFs .
MedMen real estate assets seed new investment vehicle by Released | Oct 18, 2018 MedMen Enterprise has reached agreement to sell a significant portion of its real estate assets to the newly formed Treehouse REIT, which capitalizes on the cannabis industry’s continued growth.
CrowdStreet unveils plan for $170m series of diversified commercial real estate investment products by Released | Oct 17, 2018 CrowdStreet is now raising $25 million for the company’s first CrowdStreet Blended Portfolio investment offering.
Blue Marble launches commercial property investment fund by Released | Oct 17, 2018 Blue Marble Asset Management has launched a commercial property investment fund aimed at high-net-worth individuals and professional investors.
97% of oil and gas CEOs say new tech creates opportunity by Andrea Zander | Oct 16, 2018 Despite the rapid speed of technology and innovation pressuring the industry, oil and gas CEOs see technological disruption as more of an opportunity than a threat but acknowledge that more work is to be done.