LEM Capital closes fourth fund by Released | Nov 10, 2017 LEM Capital closed the firm’s fourth discretionary fund in August at its original $300 million target.
Listed equity REITs remain top-performing asset by Andrea Waitrovich | Nov 10, 2017 With an estimated 10,000 Americans retiring every day, pension funds are under increased pressure to maximize returns and generate steady income to meet the growing financial obligations of the country’s retirees, according to Asset Allocation and Fund Performance of Defined Benefit Pension Funds in the United States Between 1998-2015, by pension research firm CEM Benchmarking, sponsored by NAREIT.
U.K.‘s biggest solar farm planned for Kent coast by Andrea Waitrovich | Nov 10, 2017 U.K.-based Hive Energy and German solar company Wirsol Energy have plans to build a 350-megawatt, 890-acre solar farm on England’s Kent coast.
KBS REIT launches new online platform, also acquires Chicago office property by Andrea Waitrovich | Nov 10, 2017 KBS has debuted an online platform named KBSDirect.com.
Starlight reports Q3 2017 results for U.S. Multi-Family (No. 5) Core Fund with strong same property NOI growth of 3.3% by Released | Nov 10, 2017 Starlight U.S. Multi-Family (No. 5) Core Fund has reported its results of operations and financial condition for the three months ended Sept. 30, 2017.
Triad Advisors welcomes GCG Financial to platform by Released | Nov 9, 2017 Triad Advisors announced the transition of GCG Financial to its brokerage and hybrid registered investment advisory custodial platforms.
Griffin-American Healthcare REIT IV acquires senior housing portfolio for $110m by Andrea Waitrovich | Nov 8, 2017 American Healthcare Investors and Griffin Capital Co. have acquired the Central Florida Senior Housing Portfolio for approximately $110 million.
KBS REIT III secures $1b financing commitment by Andrea Waitrovich | Nov 8, 2017 KBS REIT III, a nontraded REIT, has closed on the largest financing facility in KBS’ history.
$1.1b advisory firm joins Royal Alliance Associates by Andrea Waitrovich | Nov 8, 2017 Strategic Partners has selected to affiliate with Royal Alliance.
NYC’s Stuyvesant Town-Peter Cooper Village to become largest private multifamily residential rooftop solar project by Released | Nov 8, 2017 Blackstone and Ivanhoé Cambridge have plans to build the largest private multifamily residential rooftop solar project in the United States.
Exelon’s Texas merchant subsidiary files for bankruptcy by Released | Nov 7, 2017 Exelon Corp. announced that its Texas merchant power subsidiary ExGen Texas Power Holdings and ExGen Texas Power LLC filed for Chapter 11 bankruptcy.
Cypress Creek Renewables to invest $1.5b in solar energy by Andrea Waitrovich | Nov 7, 2017 Cypress Creek Renewables has plans to invest $1.5 billion in South Carolina.
Matrix Wealth Partners rebrands to Matrix Private Capital by Released | Nov 7, 2017 Matrix Private Capital Group, formerly Matrix Wealth Partners, has launched its official rebrand and expanded from its headquarters in New York City into Palm Beach, Fla., and Los Angeles.
Brian Gerson joins FS Investments as head of private credit by Released | Nov 6, 2017 FS Investments announced that Brian Gerson has joined the firm as head of private credit.
Mark DeCesaris to retire as CEO of W. P. Carey by Andrea Waitrovich | Nov 6, 2017 W.P. Carey announced that Mark DeCesaris will retire as CEO and a member of the board of directors, effective December 31, 2017.
